While the Senate Banking Committee is scheduled to hold a markup of the Housing Finance Reform and Taxpayer Protection Act of 2014, which includes securitization for manufactured home loans through a new agency, there is concern over lack of support from liberal Democrats who want more affordable housing provisions. Some committee members have suggested a vote to move it out of committee be postponed until more support is forthcoming, MHProNews.com has learned. Additionally, the Manufactured Housing Institute (MHI)’s reports smaller lending institutions say the Johnson-Crapo bill favors the larger banks. ##

(Image credit: mbaa.org1–Senate Banking Committee)