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On Wednesday, the House Financial Services Subcommittee on Housing and Insurance held an oversight hearing with testimony from the Inspectors General of HUD and FHFA. In her opening statement, HUD Inspector General Davis underscored a priority on oversight work related to reducing environmental and public health hazards in HUD-assisted housing. She also highlighted challenges related to HUD management and performance, stating a common theme from their findings that “HUD does not have the capacity necessary to address the challenges it faces.” FHFA Inspector General Tomey’s opener contained a focus on improving Agency documentation when making conservatorship decisions and developing policies for reviews of nonbanks seller/servicers and reporting of appraisal bias.

 

In questioning, FHFA Inspector General Tomney faced heavy partisan pressure to investigate the Agency’s approval of Freddie Mac’s second-lien pilot and Fannie Mae’s title insurance pilot and its overall compliance with the Prior Approval of Enterprise Products rule making. In response, Inspector General Tomeny stated many times that the office is currently planning future work and committed to considering the issues raised in the hearing. This hearing and its conversations signal a sustained partisan focus on FHFA oversight, including “mission creep” by the Enterprises, amplified by concerns of White House influences in FHFA decisions during an election year.

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Registration is now live for the 2025 MHI Annual Meeting. Join fellow MHI members September 29 – October 1 at the Omni La Costa Resort in beautiful Carlsbad, CA for the largest gathering of MHI members.

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HUD’s Innovative Housing Showcase “The American Home is the American Dream” Returns to the National Mall

Secretary Scott Turner announced the return of the U.S. Department of Housing and Urban Development (HUD)’s Innovative Housing Showcase from September 6 – 10 to the National Mall in Washington, D.C. Previously, the Innovative Housing Showcase was scheduled to take place May 30 – June 1.

July 3, 2025

MHCC Holds Special Meeting to Discuss Multi-Story Manufactured Homes Without Upper Chassis

On Tuesday, the Manufactured Housing Consensus Committee (MHCC) convened a special teleconference to review and comment on HUD’s proposed standards for multi-story manufactured homes that would not require a permanent chassis on upper floors.

July 1, 2025

2025 MHI Annual Meeting Registration Open

Registration is now live for the 2025 MHI Annual Meeting. Join fellow MHI members September 29 – October 1 at the Omni La Costa Resort in beautiful Carlsbad, CA for the largest gathering of MHI members.

BREAKING NEWS: DOE Announces Delay of Compliance Date for Energy Standards

Today, the Department of Energy (DOE) announced that the Tier 2 compliance date for its manufactured housing energy conservation standards is being delayed. Originally, manufacturers had to comply with these standards on and after July 1, 2025, for Tier 2 homes and 60 days after the issuance of enforcement procedures for Tier 1 homes.