When President Donald Trump floated the idea of a 50-year mortgage last November, it ignited a debate over housing affordability. One analysis showed that a borrower with a $500,000 loan could save $165 per month, but they would pay more than twice as much interest with a 50-year mortgage compared with the 30-year option. What […]
High energy performance lowers mortgage costs for buyers Read More »
Revealing what two former Manufactured Housing Institute Presidents/CEOs said undermines narratives There is a widely spread narrative that has circulated for years in what we lovingly call MHVille. According to that narrative, the Manufactured Housing Institute (MHI) represent “all segments” of the factory-built housing industry. Quoting MHI, they are: “Leading advocates” for manufactured housing. The
Last week the Community Home Lenders of America released its CHLA 2025 Report on Independent Mortgage Banks. Processing Content The report leads off by highlighting significant developments over the past year that affect mortgage lender/servicers and the homebuyers and borrowers they serve. In many ways, 2025 was a good year, at least for advocacy
The mortgage market runs on IMBs. Washington hasn’t caught up Read More »