Mark Weiss

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Long-Awaited “Duty to Serve” Proposal Unveiled

MHARRThe Federal Housing Finance Agency (FHFA) announced, at the June 2, 2010 Elkhart, Indiana industry finance summit meeting, the release of its long-awaited proposed rule to implement the “duty to serve underserved markets” (DTS) provision of the Housing and Economic Recovery Act of 2008. The unofficial text of the proposed rule, which (as of June 3, 2010) has not yet been published in the Federal Register, is available through a link at the conclusion of the attached June 1, 2010 FHFA News Release announcing this action (see, attachment).

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HUD-MHARR Meeting – SAFE Act Legislation Introduced

I. MHARR OFFICIALS MEET NEW HUD PROGRAM MANAGEMENT

MHARR officials, including members of the association’s Executive Committee and staff, met on May 24, 2010 with HUD Associate Deputy Assistant Secretary Teresa Payne, recently appointed the new manager of the HUD manufactured housing program.

Given the fact that manufactured housing finance issues are scheduled to be addressed in detail at a June 2, 2010 roundtable meeting in Elkhart, Indiana, being jointly hosted by Congressman Joe Donnelly (D-IN) and Federal Housing Commissioner David Stevens — a meeting that MHARR will attend and participate in — this first MHARR meeting with the new program leadership focused specifically on issues related to the Title VI manufactured housing program.

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Follow-Up Communication to Concerned Members of MHCC And Industry

To: Concerned Members of the Manufactured Housing Consensus Committee (MHCC)

Dear Friends:

Thank you all for sharing your thoughts, concerns and observations regarding the rapidly deteriorating status of the MHCC. MHARR has fully reviewed and analyzed your comments, as well as input from within the industry regarding this very important matter, and offers the following suggestions for reversing the downgrading of this important forum for the manufactured housing industry and its consumers.

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A First Step by HUD

MHARR LogoAt press time, the Administration has taken a first step to reverse the free-fall of the HUD manufactured housing program by reassigning its career manager and opening the way for the appointment of a new non-career program Administrator. The appointment of a non-career Administrator is a “responsibility” of HUD under the Manufactured Housing Improvement Act of 2000 and the track record of the last several years clearly shows that such an Administrator, working with the governing Administration at the policy level, is essential to the full, proper and successful implementation of the reforms contained in all relevant laws including the 2000 reform law and the manufactured housing provisions of the Housing and Economic Recovery Act of 2008. The appointment of a new non-career Administrator, moreover, is an urgent priority because a full plate of critical program issues that have been neglected or mismanaged in recent years, urgently need to be addressed, beginning with an issue that directly impacts manufacturers and the cost of manufactured housing to the public — reform of the current procedural and enforcement regulation (P&ER) structure.

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Obama Administration Seeks Public Input on Reform of the Housing Finance System

MHARR LogoWASHINGTON – The Obama Administration today released questions for public comment on the future of the housing finance system, including Fannie Mae and Freddie Mac, and the overall role of the federal government in housing policy. The questions have been designed to generate input from a wide variety of constituents, including market participants, industry groups, academic experts, and consumer and community organizations. The questions will also be published in a Federal Register notice requesting public comments, and information on the process for submitting comments will be included in that notice.

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Consumer Financing is Job Number One for the Industry

MHARR LogoWith the continuing rapid decline of the HUD Code manufactured housing industry as a direct consequence of the near-total unavailability of purchase-money financing for consumers, through either public or private sources, job number one for the industry must be to ensure the implementation — as quickly as possible – of laws already on the books that offer new and expanded sources of consumer financing.

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Launch of Housing Finance Initiative

MHARR LogoIt appears that April 14, 2010 could be an important date for the housing and housing finance industries. In an April 14, 2010 announcement issued under the joint auspices of the Department of Housing and Urban Development and the Department of the Treasury (copy attached) — as further explained and detailed in related testimony by HUD Secretary Shaun Donovan before the House Committee on Financial Services (copy attached) — the Obama Administration has launched a process designed to bring about changes to both the public and private aspects of consumer home financing.

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HUD’s March, 2010 Draft Memorandum On Field Guidance And Certification Reports

Attached is draft field guidance for IPIAs to use in conducting Plant certifications or certification updates. If the guidance is followed and the IPIA has made on-going observations and records as to the manufacturer’s implementation of the revised QA or QC procedures, the IPIA will reduce the time and effort …

HUD’s March, 2010 Draft Memorandum On Field Guidance And Certification Reports Read More

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Proposed 2010-2011 GSE Affordable Housing Goals

As reported earlier in the February 23, 2010 MHARR Washington Update on the recent meeting between MHARR member executives and senior officials of the Federal Housing Finance Agency (FHFA), attached for your information and review is a copy of the proposed 2010-2011 Enterprise Affordable Housing Goals published by FHFA in the Federal Register on February 26, 2010.

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White Paper Reveals Negative Impacts on Consumers and Industry

Washington, D.C., February 18,2010 – Prompted by the continuing refusal of the Department of Housing and Urban Development (HUD) to appoint a non-career Administrator for the HUD manufactured housing program as provided by Congress in the Manufactured Housing Improvement Act of 2000, the Manufactured Housing Association for Regulatory Reform (MHARR) has prepared

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HUD Continues to Downgrade MHCC

Washington, D.C., January 29, 2010 — The Department of Housing and Urban Development (HUD) has named five new members of the Manufactured Housing Consensus Committee (MHCC) and has released revised MHCC bylaws that would give HUD regulators veto power over the composition of MHCC subcommittees, where much of the MHCC‘s most important substantive works take place.

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