MHI Outlines Key Ways Fannie Mae and Freddie Mac Should Be Serving Manufactured Housing

The Manufactured Housing Institute (MHI) has submitted two formal comment letters to U.S. Federal Housing (FHFA) Director Bill Pulte about how Fannie Mae and Freddie Mac should increase their support for manufactured housing. In the two formal comment letters responding to a proposed rule on Enterprise Housing Goals for 2026–2028 and the regulator’s strategic plan for Fiscal Years 2026–2030, MHI urged that Fannie Mae and Freddie Mac explicitly prioritize manufactured housing. Key recommendations included:

• Eliminate the 50-basis point loan level price adjustment add-on for manufactured home loans.
• Reassess enterprise support for manufactured housing communities, including reviewing pad lease protection requirements and ending preferential treatment for Limited Equity Ownership (LEO) models.
• Increase purchases of real property manufactured home loans.
• Develop a flow program for home-only loan securitization.

MHI will continue working closely with FHFA, Fannie Mae, and Freddie Mac to ensure manufactured housing is supported in federal financing programs.