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Welcome to Appraising Today’s Manufactured Homes, presented by McKissock Learning and developed in collaboration with Fannie Mae. Manufactured homes are an important part of the American housing market. This course will examine the general topic of factory-built housing and then focus on manufactured housing. The history of manufactured housing will be explored along with details of the HUD Code for manufactured housing. We will also introduce MH Advantage® which is Fannie Mae’s program to help ease the nation’s affordable housing shortage by providing financing on modern, high-quality manufactured homes. Guidelines for appraising manufactured homes for Fannie Mae, Freddie Mac, FHA, VA and USDA will be covered. We will examine the 1004C form, which is the Fannie Mae/Freddie Mac form designed for reporting the appraisal of a manufactured home and finally, we will address sources for cost data for manufactured homes.