U.S. affordable housing faces difficult year-S&P - 2004-02-10
By concentrating on a few key issues concerning production and preservation, U.S. affordable housing could survive a period of limited federal funding, housing advocates said at a recent Standard & Poor's Ratings Services conference in Phoenix, Ariz.

Repealing the Mortgage Revenue Bond (MRB) "10-year rule," pushing for exit tax relief, and preserving the Section 8 voucher program were at the top of their agendas.
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Fannie Mae, lenders set to revive US mobile homes - 2004-02-10
Fannie Mae and a group of lenders aim to revive a U.S. manufactured housing industry that has been hit in recent years by high loan defaults and a bloated inventory of repossessed homes.

Fannie Mae, the biggest buyer of U.S. home loans, and the lending group will make it more affordable to obtain a mortgage to buy a manufactured home, the company said. A consumer could access 30-year financing for such a home with down payments as low as 5 percent.
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