For many people, mobile homes—more commonly referred to nowadays as manufactured homes—are an affordable housing option. However, financing one is not as straightforward as taking out a mortgage for a ...

They can be risky, however, because if a borrower can’t pay back the loan, they may not have enough equity left to avoid foreclosure.

The portfolio consists of 29,000 mobile home sites — also known as manufactured housing — and 771 RV sites across 13 states, according to a report from Kroll Bond Ratings Agency. The two largest ...