Tag Archives: cfpb

500-word Executive Summary. Decades of third-party research from the late 20th century and throughout the 21st century demonstrate that HUD Code manufactured homes are the most proven form of affordable housing in U.S. history. Nevertheless, concerns and confusion about manufactured homes and industry brands exists. Evidence and applied common-sense suggest that several brand-related concerns are valid. Mainstream media reports often …

Imagine a U.S. senator, an association CEO, an award-winning lending expert, HUD’s secretary, the CFPB director and an array of home owners and housing professionals from border-to-border all agreeing in principle on a solution to the nation’s growing affordable housing crisis. Imagine they all agree that regulations are part of the reason the solution is not being fully implemented. Then …

Financing is always a hot topic in manufactured housing. A very common Google search is for mobile or manufactured home loans! If you want more MHLending, and want to keep it simple, jump near the end of this article to Want more access to MH loans? For those who want more details, let’s dive in with the following. Lending has …

 New Federal regulations, enacted in the wake of the subprime mortgage crisis, are playing a key role in establishing a class of lifetime renters — all in the name of consumer protection. By Jan Hollingsworth for MHLivingNews.com The old man walked into the dealership in rural Kentucky with solid credit and the air of someone who knew exactly what he …

She’s a black Democrat from the deep South. He’s a white Republican from the Blue Grass state. They may seem to come from different places and viewpoints, but what brings them together is the clear understanding that manufactured homes are of vital importance to the citizens of their districts. For the sake of current manufactured home owners and those housing …

Here’s a riddle for you. Why would a federal agency and a nonprofit think tank, both dedicated to consumer protection, choose to pursue a course that is diametrically opposed to their mutual mission? The Center for Enterprise Development (CFED) and the Consumer Financial Protection Bureau (CFPB) have staunchly supported manufactured housing as an important component of affordable housing for low- …

If you want to wear a tent, then one size can fit all. To have something more tailored to you, we have to have the ability to choose clothing that fits your needs, taste and budget. The same is true for homes. One size doesn’t fit all. We must be allowed to choose. Those choices should include financing options that …

Ben Bernanke was the 14th Chairman of the Federal Reserve Bank, the “central bank” in the U.S.. He is no stranger to government, the Consumer Financial Protection Bureau (CFPB) and no enemy of government regulation. He’s been one of the most powerful figures on our economy. So it was more than ironic when this Bernanke – who reportedly makes $200,000 …

The popularity, understanding and appreciation of manufactured homes is growing day by day, but a key topic we’re routinely asked about is financing. As a “specialty product,” often local lenders ‘just don’t know’ enough about manufactured homes and so they can be reluctant to lend on what what they don’t understand. Thus the importance of specialty lenders in manufactured home …