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MHARR SEPTEMBER 12, 2019 WASHINGTON UPDATE — AN EXCLUSIVE REPORT AND ANALYSIS

HUD’S CONTRACTING FAVORITISM CONTINUES HUD AND TREASURY RELEASE HOUSING FINANCE REFORM PLANS FHFA ANNOUNCES SECOND DTS ROAD SHOW – MORE OF THE SAME ZONING PROJECT RESPONSE ILLUSTRATES POST-PRODUCTION FLAWS MHARR OFFICIALLY ANNOUNCES NEW WEBSITE HUD AWARDS DAPIA MONITORING CONTRACT TO 40-YEAR INCUMBENT MHARR has learned near press time that the new HUD monitoring contract for …

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“Time to Investigate Fannie And Freddie’s Mishandling Of DTS”

It’s been more than ten years since Congress enacted the Housing and Economic Recovery Act of 2008 (HERA) and its “Duty to Serve Underserved Markets” (DTS) mandate.  DTS directs both Fannie Mae and Freddie Mac to “develop loan products and flexible underwriting guidelines to facilitate a secondary market for mortgages on manufactured homes for very low, low …

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“Lead, Follow … Or Get Out of The Way”

The last decade-plus has not been especially kind to the manufactured housing industry and consumers of affordable housing. The 21stCentury began with a great deal of promise for the industry and consumers alike. With record production levels and a comprehensively-reformed federal manufactured housing law (i.e., the Manufactured Housing Improvement Act of 2000) that officially recognized …

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MHARR Response to Fannie Mae re: “MH Advantage.”

[vc_row][vc_column][vc_column_text]June 5, 2018 VIA FEDERAL EXPRESS Mr. Jonathan Lawless Vice President Fannie Mae 3900 Wisconsin Avenue, N.W. Washington, D.C. 20016 Re:MH Advantage Initiative Dear Mr. Lawless: Thank you for your letter dated June 4, 2018 regarding the impending implementation of Fannie Mae’s “MH Advantage Initiative,” as part of its “Duty to Serve Underserved Markets” (DTS) …

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“MHARR Leadership Continues to Produce Results for Industry”

[vc_row][vc_column][vc_column_text]MHARR, as an organization, has always been tasked with being a leader on the issues it addresses. Established by industry pioneers in 1985, MHARR was not designed, and was never intended to be, a status quo organization given to complacency, pulling punches, or “going along” with regulators, industry detractors, or anyone else. It was formed, …

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Implementation of the Duty to Serve Underserved Markets

[vc_row][vc_column][vc_column_text]VIA FEDERAL EXPRESS Mr. Donald H. Layton Chief Executive Officer Freddie Mac 8200 Jones Branch Drive McLean, Virginia 22102-3110 Dear Mr. Layton: I am writing on behalf of the members of the Manufactured Housing Association for Regulatory Reform (MHARR). MHARR members are mostly smaller and medium-sized manufactured housing industry businesses, subject to regulation by the …

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Duty To Serve “Final Rule” Continues To Fail Consumers And Industry – Time For Accountability

[vc_row][vc_column][vc_column_text] Washington, D.C., February 12, 2018 – The Manufactured Housing Association for Regulatory Reform (MHARR), in a February 6, 2018 communication to the Chairmen and Ranking Members of the Senate Banking Committee and the House Financial Services Committee (copy attached), has called on Congress to intervene in order to ensure the proper, timely and robust …

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“Diversion, Distraction or Destruction — And Time to Raise the Red Flag?”

[vc_row][vc_column][vc_column_text]According to recent press reports, nearly fifty percent (or more) of the HUD Code manufactured housing production market is currently held by one manufacturer, Clayton Homes, Inc. (Clayton), a wholly-owned subsidiary of Berkshire Hathaway Corporation (BHC).  At the same time, at least thirty-five percent of the manufactured home consumer finance market (as acknowledged by BHC …

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