These comments will focus on the Plans’ activities and objectives, which aim to improve the manufactured housing marketplace. However, the three markets addressed in the Plans overlap considerably, and manufactured housing cannot be addressed in a vacuum. We strongly encourage the Enterprises and the FHFA to encourage innovations that can impact multiple markets. For example,…
The manufactured housing finance market has traditionally been, and remains, underserved. The lack of affordable and safe financing options has not only made it more difficult and expensive for those purchasing a manufactured home, but also reduced the value of existing homes. This is of particular concern as manufactured housing is the largest source of…
Read More about Comments to the FHFA on the Duty to Serve Underserved Markets for Enterprises
The National Consumer Law Center (NCLC) and Manufactured Home Owners Association of America (MHOAA) submit these comments in response to the Federal Housing Finance Agency’s (FHFA) proposed rule regarding the Government Sponsored Enterprises’ (“Enterprises”) duty to serve the manufactured housing market. We commend the FHFA for recognizing the importance of the manufactured housing market. The…
NCLC has been actively involved in advocacy for consumers who have been financially harmed by alternative (or competitive) energy supply companies. We have released a report and an issue brief which both describe the common abusive sales practices and inflated prices which have harmed so many Massachusetts consumers, with a particular emphasis on the unfair…