Lawmakers push to lower loans for factory-built homes

A new bipartisan housing package aims to reduce the cost of factory-built homes and expand their availability by repealing certain construction rules and pressuring Fannie Mae/Freddie Mac to back more personal-property loans, but interest rates on these loans remain higher than conventional mortgages due to securitization and risk gaps; consumer protections and lender considerations add complexity, keeping the affordability challenge for manufactured housing unresolved even as policy momentum builds.