Items Tagged with 'Manufactured housing'

ARTICLES

  • The Mortgage Collaborative expands Affordable Lending Outreach pilot program

    Partnering with Fannie Mae, TMC members are offering more loans for manufactured homes
    The U.S. is in the middle of an affordable housing crisis. That’s because median national rents have been rising much faster than wages and there are few builders focused on affordable housing units. Recognizing this problem, The Mortgage Collaborative launched its Affordable Lending Outreach pilot program with Fannie Mae last year, and has extended the program this year.
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  • Are real-life Legolands the answer to affordable housing?

    With prefab, stackable units, Blokable offers "housing development as a service"
    They’re called Bloks – not exactly Lego blocks, but not unlike them either. They are prefabricated housing units, similar to shipping containers, that can be connected and stacked five units high. Through public-private partnerships, Blokable aims to build developments with its manufactured grid system to provide an affordable housing solution.
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  • American Financial Resources offers new manufactured housing finance option

    AFR will finance manufactured homes via Fannie Mae's new MH Advantage initiative
    American Financial Resources is now offering conventional financing for manufactured homes via the new Fannie Mae initiative, MH Advantage. The new program is designed to promote financing for manufactured homes comparable in quality and features to traditional single-family homes.
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  • HUD to consider eliminating manufactured housing regulations

    Launches comprehensive review of manufactured housing rules
    The Trump administration’s deregulatory efforts have officially come to the Department of Housing and Urban Development. HUD announced on Thursday that it is launching a “wholesale review” of its manufactured housing rules as part of a “broader effort to identify regulations that may be ineffective, overly burdensome, or excessively costly given the critical need for affordable housing.”
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  • FHFA makes it official: Fannie, Freddie required to open credit box to "underserved"

    FHFA unveils final "Duty to Serve" rule
    Eight years after the passage Housing and Economic Recovery Act of 2008 mandated that Fannie Mae and Freddie Mac increase lending to three specific “underserved” markets, the Federal Housing Finance Agency announced Tuesday that the government-sponsored enterprises must work to open the credit box for certain very low-, low-, and moderate-income families.
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  • Four indicted in $158M mortgage scheme

    The victims acquired manufactured, modular homes
    Four managers with the Phoenix Housing Group, headquartered in Greensboro, N.C., were indicted for fraud on Aug. 6. Their alleged conspiracy involved the sale of modular and manufactured homes.
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