Issue link: https://read.dmtmag.com/i/391492
OCTOBER 2014 23 THE JOURNAL EASY TO USE • NO MESS • PERMANENT • High-tech, super-aggressive adhesive • User-friendly product with easy-to-remove liner • Permanent and easy way to mend holes, cuts, and tears • Manufactured Home/RV repairs, vapor barriers, tarp repairs, etc. P R E M I U M B O T T O M B O A R D TA P E S SIZES PART NO. 2" - 18" ROLLS 2" X 180' FM-200T 2" X 108' FM-2108T *4" X 180' *FM-400T 4" X 108' FM-4108T *6" X 180' *FM-600T 6" X 108' FM-6108T 8" X 180' FM-800T 18" X 180' FM-1800 28" ROLLS *28" X 25' *FM-2825 28" X 50' FM-2850 28" X 100' FM-2800 ALSO AVAILABLE! DO-IT-YOURSELF KITS FM-2845 ZIPPERED ACCESS 18" X 18" TRAP-FLAP FM-1818 4" X 72" ZIP-STRIP FM-0472 6" X 72" ZIP-STRIP FM-0672 CUSTOM SIZES AVAILABLE! *DENOTES MOST POPULAR SIZES Look for the logo on the core of every roll of tape! THANK YOU FOR STICKING WITH FLEX-MEND! Visit FLEXMEND.COM for your nearest distributor, or for distribution opportunities, please call: 1.800.462.1775 F F No. 13 on Get It Quick Page MHI has been working with officials from the Federal Housing Finance Agency (FHFA) to ensure the inclusion of personal property lend- ing as part of Duty to Serve (DTS) require- ments being developed for Fannie Mae and Freddie Mac. Included in the Housing and Economic Re- covery Act of 2008 (HERA; PL 110-289) was statutory language that the Government Spon- sored Enterprises (GSEs), including Fannie Mae and Freddie Mac, had a Duty to Serve three historically underserved housing markets: affordable housing, rural housing and manufac- tured housing. The Duty to Serve provision directed the GSEs to develop programs and sec- ondary market access for manufactured home loans, including those secured by personal property. In 2010, FHFA released a proposed rule im- plementing the Duty to Serve requirement that would have excluded manufactured home per- sonal property loans. Then Acting FHFA Di- rector Edward DeMarco, in his role as conservator of Fannie Mae and Freddie Mac, prevented Fannie Mae and Freddie Mac from entering into the personal property loan mar- ket. Since that time, the rule has gone unim- plemented. With Mel Watt assuming the position of Di- rector, FHFA is beginning to examine the pos- sibility of requiring Fannie Mae and Freddie Mac to provide secondary market access to manufac- tured home loans secured by personal prop- erty. FHFA is expected to release a proposed rule this year, with regulations to be finalized in 2015. MHI has provided formal comments and has been meeting with FHFA senior policy staff to discuss practical methods for serving this mar- ket. For more information, contact MHI Senior Vice President of Government Affairs Jason Boehlert at (703) 558-0660 or jboehlert@ mfghome.org. their homes, and are restricted from doing so in the By-Laws. That's good. The negative issues which are related to public image and perception, which ultimately go to the issue of valuation and ultimately home sales financing are of primary concern. Those are bad now, later? Negative aesthetic issues are a common concern, but they need not be, in the future with today's newer home designs. Bad now, good later? Other issues confronting our industry today have more to with zon- ing and land use regulations, which are related to the impact of taxes and other collectible fees for land use than any other thing. That's bad. Whether good, bad, or ugly manufactured housing is and will con- tinue to be a solution for moderate and low costing housing for most Americans, especially for those who are well informed and are inter- ested in downsizing their home and lifestyles. Edward "Eddie" Hicks, lic. RE Broker, and Lic. Mortgage Broker has been a manufactured housing community developer and industry consultant, retailer and home manufacturer since 1963, and is currently the sales manager for a seniors Age 55+ m/h condominium homesite community in Central Florida: Hidden Harbor on Lake Harris. He may be reached at (813) 300-6150 and at easteddie@aol.com His websites are: www.mobilehomepark.com www.fac- torybuilthome.com and www.fha207m.com \ 22 T J MHI Working with Agency Officials to Open Secondary Market for Personal Property Lending Don't Miss Next Month's Issue November is the 2015 Show Preview Issue This issue will include the upcoming shows and information.