Manufactured Housing: Further HUD Action is Needed to Increase Available Loan Products
September 28, 2023
September 28, 2023
WASHINGTON, Sept. 28 (TNSrep) -- The Government Accountability Office issued the following report:
Here are excerpts:
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Fast Facts
Manufactured housing--prefabricated, factory built homes--can be an affordable option for lower-income homebuyers. But some borrowers may not qualify for mortgages and might have to turn to other kinds of financing with less favorable rates and terms.
Several federal agencies, Fannie Mae, and Freddi . . .
Here are excerpts:
* * *
Fast Facts
Manufactured housing--prefabricated, factory built homes--can be an affordable option for lower-income homebuyers. But some borrowers may not qualify for mortgages and might have to turn to other kinds of financing with less favorable rates and terms.
Several federal agencies, Fannie Mae, and Freddi . . .