Search Results for: Duty to Serve Ginnie Mae

PERSISTENT MHARR EFFORTS PAY DIVIDENDS ON REFORMING DESTRUCTIVE GINNIE MAE RULE Washington, D.C., March 5, 2024 – Persistent efforts by the Manufactured Housing Association for Regulatory Reform (MHARR) to reform the draconian “10-10” rule imposed by Ginnie Mae in 2010 to limit lender eligibility under the Federal Housing Administration’s Title I manufactured home federal loan …

Persistent Manufactured Housing Association for Regulatory Reform (MHARR) Efforts Pay Dividends on Reforming Destructive Ginnie Mae Rule Read More »

Following an MHARR meeting with senior Government National Mortgage Association (Ginnie Mae) officials on February 10, 2022 to address the near-collapse of the Federal Housing Administration (FHA) Title I manufactured housing program and the role of Ginnie Mae’s egregious “10-10” rule in leading to that collapse, Ginnie Mae has now issued a Request for Input …

Ginnie Mae Seeks Input on FHA Title I Manufactured Housing Program and Egregious 10-10 Rule Read More »

The Manufactured Housing Association for Regulatory Reform (MHARR) provided comments to the Federal Housing Finance Agency (FHFA) at a July 12, 2022 “Listening Session” regarding the 2022-2024 Duty to Serve Underserved Markets (DTS) plans filed by federal mortgage giants Fannie Mae and Freddie Mac (Enterprises). While FHFA sought to target the listening session toward manufactured …

MHARR Presents Comments at Federal Housing Finance Agency Duty To Serve “Listening Session” Read More »

MHARR, in a January 10, 2022 communication to new Government National Mortgage Association (Ginnie Mae) President, Alanna McCargo copy attached, has called on that organization to fully restore its statutory support for manufactured home consumer lending and thus re-establish the integrity and full-scale utilization of this government-insured home lending program. As industry members are aware, …

MHARR Urges New Ginnie Mae President to Restore Support for – and Integrity of – Manufactured Home Consumer Lending Read More »

MHARR HIGHLIGHTS KEY INDUSTRY ISSUESIN MEETING WITH HUD ASSISTANT SECRETARY MHARR Washington officials, on June 29, 2023, met with HUD Assistant Secretary and Federal Housing Commissioner, Julia Gordon. Ms. Gordon is the HUD appointed official with direct supervisory authority over both the federal manufactured housing program and Federal Housing Administration (FHA)-supported lending for manufactured home …

MHARR Highlights Key Industry Issues in MEETING with HUD Assistant Secretary Read More »

Attached for your review and information is a copy of a self-explanatory communication from MHARR to the incoming chairman of the House Subcommittee on Housing and Insurance. The purpose of this communication is to seek – and begin setting the groundwork for – a congressional oversight hearing for the federal manufactured housing program and related …

MHARR Calls for Congress to Pursue Oversight Hearings on Manufactured Housing Regulators Read More »

August 15, 2022 VIA ELECTRONIC SUBMISSION Hon. Sandra ThompsonDirectorFederal Housing Finance AgencyConstitution Center400 7th Street, SWWashington, D.C. 20219 Re: Duty to Serve Listening Session – Manufactured Housing (July 11, 2022) Dear Ms. Thompson: The following written comments, corresponding with my verbal presentation at the July 11, 2022 Duty to Serve Underserved Markets (DTS) Listening Session …

‘FHFA has Repeatedly Reported Material Misrepresentations to Congress’ ‘Breach of Responsibilities under HERA Relating to DTS’ Read More »