Comment Detail
Date: 07/10/17 First Name: Lesli Last Name: Gooch Email: lgooch@mfghome.org Organization Type: organization Organization: Manufactured Housing Institute Comment
The Manufactured Housing Institute (MHI) is pleased to submit comments in response to FHFA’s Request for Public Input regarding the proposed Duty to Serve Underserved Markets Plan of Fannie Mae.
MHI is the only national trade organization representing all segments of the factory-built housing industry. MHI members include manufactured home builders, lenders, home retailers, community owners and managers, suppliers and others serving or affiliated with the industry. MHI’s membership includes 50 affiliated state organizations. MHI members represent over 85 percent of manufactured homes produced each year. In 2016, the industry produced over 81,000 homes, approximately nine percent of new single-family home starts. Eighty percent (80%) of those homes (approximately 64,000 homes) are titled as personal property (“chattel”).
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