ShareWording in the Dodd/Frank regulations have been used to require manufactured housing producers to register as mortgage brokers. Represenatives Fincher (R-TN), Sewell (D-AL), Barr (R-KY), and Sinema (D-AZ) have introduced H.R. 650, the Preserving Access to Manufactured Housing Act. This legislation will preserve the manufactured housing industry without deterioration of important consumer protections. This bill clarifies the difference between manufactured housing manufacturers and loan originators, and insures that low-dollar manufactured housing loans are exempt from HOEPA standards.
Notice: The information on this page may not be current. The archive is a collection of content previously published on one or more NAR web properties. Archive pages are not updated and may no longer be accurate. Users must independently verify the accuracy and currency of the information found here. The National Association of REALTORS® disclaims all liability for any loss or injury resulting from the use of the information or data found on this page.