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Why Manufactured Housing Deserves a Fresh Look

Genworth MI Blog

Remember when loan officers avoided underwriting loans for manufactured housing for fear of low commissions, foreclosure risks, and the added complexities of underwriting those types of “unreliable” homes? All factory-built homes constructed after June 15, 1976 must comply with the HUD Code or local building code.

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Refi Sugar High: How to balance your lending diet

Housing Wire

You’ve probably staffed up on loan officers equipped to handle this influx, and you may be shunning riskier, less immediately gratifying business. They are specialists when it comes to buying and servicing government loans. Right now, while things are good, invest in cross-training your staff.

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Why Manufactured Housing Deserves a Fresh Look

Genworth MI Blog

Remember when loan officers avoided underwriting loans for manufactured housing for fear of low commissions, foreclosure risks, and the added complexities of underwriting those types of “unreliable” homes? All factory-built homes constructed after June 15, 1976 must comply with the HUD Code or local building code.

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Opinion: Solutions to restore housing as an economic growth engine

Housing Wire

As a driver of the economy, housing should be bolstered by: Non-bank lending institutions to lend in lower-income areas and to minorities in the same way that CRA provides for banks Reducing government-insured and guaranteed mortgage loan fees. Reducing government-insured and guaranteed mortgage loan fees.

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