A bill to require the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation to each establish a pilot program for personal property manufactured home loan purchases.

This bill would require Fannie Mae and Freddie Mac — two government-backed companies that help people get home loans — to each create a test program for buying loans used to purchase manufactured homes (also known as mobile homes) that are classified as personal property rather than real estate. No official summary is available for this bill.

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