You are here

Fannie Mae Affirms its Commitment

Adam R.'s picture

Posted July 11, 2007

Fannie Mae announces that they will continue to be committed to buying mortgages for manufactured housing on the secondary market.

It is hard to know the extent of their commitment because they do not report under

the Home Mortgage Disclosure Act. Interestingly, though, the largest purchaser of manufactured home mortgages is none other than Warren Buffett. So perhaps the risk-reward proposition is better than some have said.