Federal Housing Administration

Sub-Title:

Agency Should Assess the Effects of Proposed Changes to the Manufactured Home Loan Program

Author:

William B. Shear

Publisher:

DIANE Publishing Company

Publication Date:

10-01-2008

ISBN:

9781428987500

Subjects:

Law

Available as:

Paperback, 9781428987500

Description:

Pending legislation to the Fed. Housing Admin. (FHA) Title I Manufactured Home Loan program would increase loan limits, insure each loan, incorporate stricter underwriting requirements, and set up-front premiums. This report reviews: (1) selected characteristics of manufactured housing and the demographics of the owners; (2) fed. and state consumer protections for owners of manufactured homes; and (3) the potential benefits and costs of the proposed changes for borrowers and the fed. gov¿t. In addressing these objectives, the author analyzed select Census data; researched fed. laws and laws in 8 states; interviewed local, state, and fed. officials; and analyzed various scenarios that might affect Title I program costs. Includes recommend. Illus.

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