Mobile Home Owners See Changing Home Loan Market

Last week, Laconia Savings Bank did something that has never been done in the state before. It bought a package of home mortgages from the New Hampshire Community Loan Fund.
Buying and selling mortgages is nothing new, but what made this deal different is that the loans were for mobile homes. New Hampshire Public Radio’s Jon Greenberg has more about what this breakthrough means for affordable housing and where it might lead.