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Freddie Mac Moves into Manufactured Homes

May 1st, 2014

Government-sponsored enterprise (GSE) Freddie Mac will begin purchasing and securitizing manufactured housing loans immediately, according to John Cannon, senior vice-president of the multifamily division. As globest.com informs MHProNews.com, Freddie sees manufactured homes as key to affordable housing. Cannon says, “It broadens our geographic footprint and creates a more balanced approach.”##

(Photo credit: globest.com–Freddie Mac headquarters)


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