MBA backs Duty to Serve overhaul but flags manufactured housing and titling risks
In a letter to FHFA, the Mortgage Bankers Association backed Duty to Serve rule changes but urged care on manufactured housing definitions and titling.
Key facts
- The Mortgage Bankers Association sent a comment letter to FHFA Director Bill Pulte about the proposed Duty to Serve rule changes.
- FHFA proposed an outcome-based framework in June that would emphasize chattel loans at Fannie Mae and Freddie Mac.
- FHFA asked whether the manufactured home definition should extend beyond HUD-code units to include products such as modular homes.
- MBA opposed cutting the comment period on DTS plans to 45 days and asked FHFA to keep 60 days.
- Changes to the three-year DTS plans would be allowed mainly in cases of extraordinary and significant market disruptions.
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Source: MBA urges caution on FHFA Duty to Serve rule changes — HousingWire, July 27, 2026. Summary and commentary by RISE Community; read the full story at the source.
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