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Housing coalition publishes recommendations for GSEs’ ‘Duty to Serve’ plans

Housing Wire

The Underserved Mortgage Markets Coalition (UMMC), a coalition of 32 housing groups initially convened by the Lincoln Institute of Land Policy , published a report on Wednesday that recommended actions for the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac. mortgage finance system.

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Manufactured homes are appreciating faster than site-built homes

Housing Wire

Despite that attention, however, some in the industry have chafed at the portrayal of land-lease communities by government housing authorities. In June, HUD announced the launch of a new program designed to allow for the purchase, refinance or renovation of manufactured home communities under an FHA-sponsored loan program.

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Report Reveals How Community Land Trusts Preserve Affordable Homeownership

Appraisal Buzz

Drawing on insights from 115 community land trusts (CLTs), Preserving Affordable Homeownership: Municipal Partnerships with Community Land Trusts , a new 2024 Policy Focus Report released by The Lincoln Institute of Land Policy , explores how CLTs are partnering with public officials to help address the housing affordability crisis.

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How to Handle the Weird Stuff: Appraisal Methods from an Experienced Florida Appraiser

McKissock

This time, let’s look at “the form of ownership” and “market conditions” being atypical. There are HP-12C keystrokes for life estates, but in this case, the assignment ended up being a request for market value for his CPA’s needs. Example: Land lease. Market conditions. Complex assignment examples.

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Manufactured housing group encouraged by FHA attention — but concerned about its portrayal

Housing Wire

But the characterization of the program’s intent was a point of concern for Lesli Gooch, CEO of the Manufactured Housing Institute (MHI). Program details Gooch explained that MHI is encouraged by greater government involvement in the manufactured housing sector — especially considering the affordability challenges that persist nationwide.