(RECAP: The FHFA is seeking a significant amount of information from lenders that specialize in making chattel loans to manufactured homebuyers due to a lack of reliable data on the market. In its final “duty to serve” rule issued in December, the agency opened the door for Fannie Mae and Freddie Mac to buy manufactured housing loans that are secured by land and titled as real estate. But the agency took a more cautious view of chattel loans — which are not secured by land — and are viewed as more personal loans. With industry advocates pushing the FHFA to ease up on chattel loans, the agency is hoping to receive more data from lenders on how such loans have performed. The Manufactured Housing Institute has been trying to encourage Fannie and Freddie to enter the chattel market. The FHFA has incentivized the development of a pilot program for chattel loans, but it’s not clear whether the GSEs will do so.)

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