Marty Lavin, JD – Dodd-Frank, CFPB Manufactured Home Regulations Impact on Owners, Businesses

MartyLavinCFPBManufacturedHomeLendingRegulationsVideoInsideMH-ManufacturedHousingProNews-com-5 years after its passage, Dodd-Frank remains one of the hotly contested legacies of the Obama Administration. Supporters of the law believe that it provides important consumer protections. Others point to facts suggesting CFPB over-reach with respect to manufactured housing chattel – or personal property, “home-only loans” – are creating a Renters Nation.”

Into the hotly contested debate over The Preserving Access to Manufactured Housing Act – HR 650 and S 682 – is a newly released Inside MH video interview with attorney Marty Lavin.

Lavin’s background includes taking consumer advocacy positions, while maintaining his status as an expert on manufactured home finance.

In this in depth interview, Lavin is asked about such hot-button topics as:

  • Is Manufactured Home Lending Predatory?
  • Is Fraud and Abuse of Customers Prevalent in MH Retail Today?
  • What is the impact of CFPB regulations on the values of an estimated 4 million manufactured home owners living in 1.7 million MHs in the U.S.?
  • What is the impact of the CFPB’s MLO rule on manufactured home shoppers and sellers?

The PBS Newshour is said to be ‘holding’ video interviews of its own, that informed sources suggest to MHProNews will be slanted against the MH industry’s positions.

Sources have advised the Daily Business News that the PBS interviews by Stephen Fee could be released 10 days before any Senate floor debate. While MH lending consultant Dick Ernst was asked to represent the views of the Manufactured Housing Institute (MHI), sources suggest that the Gwen Ifill interview about OZY Media’s take on manufactured housing could be an important clue as to how those reports will be slanted.

Manufactured home personal property financing – which Fee and others in the media mislabel as ‘mobile home loans’ – will likely come to the forefront, as a Senate vote on a bill that includes the language of S 682 is expected to come up for a vote this fall. Fee has not yet responded to our contact for comments.

PBS’ MH lending focused videos, along with other media reports expected in the run-up to the fall Sentate debate and vote, could make this exclusive Inside MH video interview with Marty Lavin an important part of the discussion, as it takes an in-depth look at the MH loan issue.

A detailed list of other resources on the manufactured home lending topic are found at this link here. ##

(Image credits: Roberts Resorts and Communities, MHProNews, Inside MH.)

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