REPORT AND ANALYSISIN THIS REPORT: NOVEMBER 20, 2020 MHARR BOARD SHARPENS FOCUS ON POST-PRODUCTION ISSUES FHFA DTS “COMPLIANCE” REPORT SHOWS CONTINUING DECEPTION HUD WASTES FOUR YEARS WITHOUT MAJOR PROGRAM REFORMS PROPOSED FHFA “NEW PRODUCTS” RULE MORE OF THE SAME FOR DTS AFTER TWENTY YEARS HUD UPDATES RULE ON STATE PAYMENTS MHCC SUBCOMMITTEES CONSIDER NEW […]
Washington, D.C., November 4, 2020 – As confirmed by the Manufactured Housing Association for Regulatory Reform (MHARR), a report recently submitted to Congress by the Federal Housing Finance Agency (FHFA) — the federal regulator for mortgage giants Fannie Mae and Freddie Mac – reveals, for the first time, how those entities have been certified by
Washington, D.C., October 21, 2020 – The Manufactured Housing Association for Regulatory Reform (MHARR) has filed comments ( copy attached) regarding proposed revisions and a one-year (2021) extension period for Duty to Serve Underserved Markets (DTS) Implementation Plans previously filed by mortgage giants Fannie Mae and Freddie Mac. In its comments, responding to a September
MHARR EXPOSES FHFA DTS FAILURES AND DISTORTIONS TO CONGRESS Washington, D.C., October 16, 2020 – The Manufactured Housing Association for Regulatory Reform (MHARR) in verbal and written comments presented at an October 16, 2020 Federal Housing Finance Agency (FHFA) “Listening Session” concerning implementation of the statutory Duty to Serve Underserved Markets (DTS) mandate (see, copy
MHARR — ISSUES AND PERSPECTIVES By Mark Weiss At press time for this article, just four weeks remain before the November 3, 2020 presidential election. The election itself, as illustrated during the September 29, 2020 “debate,” presents a stark contrast for voters, and its outcome will produce equally stark policy contrasts for the manufactured housing
“Wasted Manufactured Housing Opportunities Mount As The Clock Ticks Down” Read More »
MHARR EXPOSES FANNIE AND FREDDIE DECEPTION OF REGULATORS CONGRESS AND TRUMP ADMINISTRATION ON DTS MHARR, in a critical new dialogue with senior Federal Housing Finance Agency (FHFA) officials has demonstrated, with specific facts, information and key relevant numbers, how Fannie Mae and Freddie Mac have diverted and undermined the implementation of the Duty to Serve
For the vast majority of lower and moderate-income Americans seeking to enter the housing market via the most direct and affordable means – i.e., through the purchase of a mainstream, inherently affordable HUD Code manufactured home – the Duty to Serve Underserved Markets (DTS) mandate, enacted by Congress twelve year ago as part of the
“Fannie Mae and Freddie Mac Have Learned Nothing From Their Subprime Debacle” Read More »
Washington, D.C., August 27, 2020 – The Manufactured Housing Association for Regulatory Reform (MHARR) has filed comments ( attached) on a proposed Federal Housing Finance Agency (FHFA) rule concerning regulatory capital requirements for the two Government Sponsored Enterprises (GSEs), Fannie Mae and Freddie Mac. The proposed rule, published in the Federal Register on June 30,
MHARR Comments To FHFA Seek Full Compliance With “DUTY TO SERVE” Mandate Read More »
The Federal Housing Finance Agency (FHFA) — the federal regulator for both Fannie Mae and Freddie Mac – has issued a proposed rule that would modify existing capital retention requirements for the federal mortgage giants. The proposed rule, published in the Federal Register on June 30, 2020 (at pp. 39274-39406), would establish an amended Regulatory
The latest issue of the quarterly publication of HUD’s Office of Policy Development and Research (PD&R) – called “Evidence Matters” — has been released to great fanfare by the Manufactured Housing Institute (MHI). Ostensibly, the fanfare arises from the fact that this “Winter/Spring” edition of “Evidence Matters” focuses on “Factory-Built Housing,” including manufactured homes. And,
“An Unequaled Opportunity About to Go to Waste” Read More »
