Trade groups in the mortgage industry are keen on collaborating with the United States Department of Agriculture (USDA) to enhance mortgage options for borrowers seeking manufactured homes. Recognizing the growing demand in this sector, these trade groups are actively seeking ways to facilitate affordable housing solutions for Americans. By engaging with the USDA, they aim to address the challenges faced by manufactured home borrowers and propose solutions that will drive industry growth.

• Trade groups in the mortgage industry express interest in collaborating with USDA for expanding mortgage options for manufactured home borrowers.
• The groups recognize the increasing demand for affordable housing solutions in this sector.
• Efforts are directed towards tackling the challenges faced by borrowers of manufactured homes.
• The goal is to propose solutions that will drive growth in the industry and provide better opportunities for potential buyers of manufactured homes.
• Engaging the USDA will enable the trade groups to leverage their expertise and influence to implement necessary changes and improvements in mortgage options for this particular market segment.

You can read this full article at: https://www.housingwire.com/articles/mba-chla-back-proposed-changes-for-manufactured-home-loans/(subscription required)

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