its manufactured-housing inventory available to lower-income Mississippi families through that state's housing finance agency. Under a recent agreement, the Mississippi Home Corp. will purchase the units and sell them in turn to nonprofit organizations. The groups will repair the homes and use them in low-income housing programs throughout the state. "We want to do all we can to assist in making affordable homeownership a real option for all American families," said Ginnie Mae president Dwight Robinson in a statement.
Save $400 off your subscription. Special offer ends April 30, 2017.
No credit card required. Complete access to articles, breaking news and industry data.
Have an account? Sign In