For the second consecutive year, the Manufactured Housing Institute (MHI) has named Wells Fargo & Co. the Manufactured Housing Community Lender of the Year for 2008. This National Industry Award was presented by the MHI at a ceremony at the 2008 National Congress and Expo for Manufactured and Modular Housing at the Paris Hotel and Casino held in Las Vegas on April 23.
‘Winning this award further demonstrates our ability to serve our customers' financial needs even during the current market turmoil,’ states Creighton Weber, a Wells Fargo Commercial Mortgage senior vice president who is based in Troy, Mich.
Wells Fargo Commercial Mortgage helps finance manufactured housing communities nationwide through direct lending programs, including the Fannie Mae DUS loan program, and well-established correspondent lending relationships. Wells Fargo has originated $3 billion in manufactured housing community loans since 2004 with loans $2 million and above, the company adds.
