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HUD Releases FHA Management Report

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.

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December 16, 2025

Give the Gift of Professional Development from the MHI Bookstore

The MHI Bookstore offers essential resources, including compliance guides and technical manuals to help you succeed.

Last Chance! Save $150 on MHI’s PHC® Certification Course — Register Before December 31

Are you tired of “winging it” in manufactured housing sales? The Professional Housing Consultant (PHC®) course from MHEI is your gateway to becoming a confident, trusted advisor in today’s competitive market.

Meet MHI Experts at the Louisville Show

Join the Manufactured Housing Institute at the Louisville Manufactured Housing Show, January 14-16 at the Kentucky Exposition Center in Louisville, KY.

December 17, 2025

Housing for the 21st Century Act Passes House Financial Services Committee

Legislation to remove the chassis requirement and to establish HUD as the primary regulator for manufactured homes found fresh bipartisan support in the House Financial Services Committee this week after the ROAD to Housing’s exclusion from the National Defense Authorization Act (NDAA).