Dr. Lesli Gooch from the Manufactured Housing Institute (MHI) writes how Dodd-Frank is harming the very people it was intended to help through the regulations imposed by the Consumer Financial Protection Bureau. The fix is not more money or another program or financial assistance. A simple adjustment to legislation would open the door to unsubsidized, affordable housing for millions. Click here for a synopsis.
While Fannie Mae and Freddie Mac have been financing loans to manufactured home communities (MHC), they may soon be providing a secondary market for individual manufactured home loans.
As L. A. “Tony” Kovach says, there is push and pull within and without the manufactured home industry, much agreement and sometimes disagreement. The main objective is to stay involved and stay informed and stay tuned to MHProNews. Click here for more information. ##
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