Posts

Last Friday HUD released its annual Fiscal Year 2024 FHA Management Report, in conjunction with its annual Mutual Mortgage Insurance (MMIF) Report. The reports, a financial scorecard of FHA’s finances, showed continued financial strength for FHA single family loans. FHA’s net worth increased from $145.29 billion to $172.76 in the last year, and its capital ratio increased from 10/51% to 11.47% in the same period.

The FHA Management Report showed that in Fiscal Year 2024, FHA insured 766,942 single family forward mortgages for a total origination mortgage amount of $231.53 billion.  FHA forward mortgages include manufactured home real property loans. 78.6% of all FHA loans were for home purchase (603,040 loans) , and of 82.64 percent of these FHA home purchase loans (498,363 mortgages) were for first-time homebuyers.

FHA also insured 26,501 HECM Reverse Mortgage Loans, with a total Maximum Claim Amount of $13.36 billion.

Keep Exploring

Related Posts

February 5, 2026

Register Now for 2026 MHI Congress & Expo

Join MHI at the MGM Grand in Las Vegas for this year’s Congress & Expo! With top-quality educational programs led by industry experts, networking opportunities, and an exhibit floor showcasing innovations from over 140 companies, there is something for every segment of the industry.

January 30, 2026

MHI Remembers Doug Gorman

It is with deep sadness that MHI mourns the passing of Doug Gorman, a towering figure in the manufactured housing industry for more than five decades. His 55-year career shaped the future of attainable housing, from leading retail operations to improving countless lives through his unwavering commitment to helping families find quality homes.

Industry Veteran Discusses Housing Crisis

In this video from UMH Properties Inc., Eugene Landy, Founder and Chairman of UMH Properties Inc., discusses the company’s vision and approach to addressing the affordable housing crisis. In the video, he emphasizes that UMH focuses on efficiency, customer satisfaction and long-term value.

February 5, 2026

Invest in the Future of Manufactured Housing

Manufactured housing production declined 3.9% year‑over‑year in December and decreased 0.6% in total during 2025. December shipments fell, with single‑section units down 6.5% and multi‑section units down 1.6%; for 2025 overall, single‑section shipments dropped 4.7% while multi‑section shipments rose 2.7%.

MHI Economic Report Reveals December and 2025 Year-End Data

Manufactured housing production declined 3.9% year‑over‑year in December and decreased 0.6% in total during 2025. December shipments fell, with single‑section units down 6.5% and multi‑section units down 1.6%; for 2025 overall, single‑section shipments dropped 4.7% while multi‑section shipments rose 2.7%.

Virginia: Zoning Board Approves HUD Code Duplex

On Monday, the Isle of Wight County Board of Zoning Appeals voted to approve a variance allowing the placement of a HUD Code single‑section duplex manufactured home, overcoming a zoning barrier that had stalled installation for more than a year. This decision is significant not just locally, but nationally, as it affirms that the new 2-4 unit designs approved under the latest changes to the HUD Code can and should be permitted within existing zoning frameworks designed for manufactured housing.