The Federal Housing Finance Agency (FHFA) and Ginnie Mae are walking back some of the more controversial proposed eligibility requirements for lenders and servicers they oversee.
Millions of Americans have trouble accessing low-cost loans because they have thin or problematic credit histories. That could change as fintech innovations and new self-reporting tools give lenders troves of new data.
The largest affordability crunch seen in years and increased secondary-market options make it more pressing and feasible to pilot financing for the lowest-cost manufactured homes, Urban Institute research suggests.