Click bottom right for full screen video.

A+ A A-

Reframing Manufactured Home Lending LO Comp Debates – Inside MH Video -Triad Financial's Don Glisson Jr.

by L. A. 'Tony' Kovach

tony-kovach-2-75In an exclusive video interview that could help reframe the discussions about MH Lending in Washington, DC - as well as with consumer advocacy groups nationally – Triad Financial Services Chairman and CEO, Don Glisson Jr. shared with MHProNews the following exclusive video interview.

Don Glisson Jr. addresses the following hot-button topics:

  • The interest rates charged on MH Loans - and the often overlooked facts which explain why they are fair and competitive.

  • Why CFPB and other federal rules are negatively impacting consumers and thus the retailers, communities and other MH operations that serve them.

  • Why the CFPB's LO Comp rule is harming consumers and needs to be changed.

  • Why there is some rate spread between MH loans and conventional housing mortgages, among other topics of wide interest.

This video report brings to light in clear terms facts useful with and for:

> consumer groups, such as NMHOA, CFED or others,

> the media, in their reporting or commentary on the MH Personal Property (aka home only, chattel) Lending issue - (as you watch this, think how different the PBS NewsHour or Seattle Times reports might be in the light of these facts),

> elected officials and their staffs, as they consider S 682/HR 650 Passage (Preserving Access to Manufactured Housing Act),

> CFPB in revising their LO Comp Rule,

> GSEs, FHFA, 

> other lending regulators, quality affordable housing policy advocates or MH focused interested parties...

can all grasp. The result could be greater reality-based consensus in finding the solutions.

As CNBC's Diana Olick stated, people don't buy housing price or rates per se, instead they buy based upon monthly payments.  The two charts below reflect the fact that 


Manufactured Home loans may have a higher rate, for reasons that Don Glisson Jr. explains,

but they still have the lowest monthly payment of any form of permanent housing.


A recent MHLivingNews report and video on MHLending are linked here.

For the full context of these finance-focused interviews, we're providing the two prior episodes of this video, below.

Part 2 of this in depth video interview with Don Glisson Jr on MH lending topics for industry professionals, is below.

Part 1 of this Inside MH video interview with Triad Financial Service's Chairman and CEO, from a lender that closed some $400 million dollars in business in 2015.

Programming Note: Please watch for the fourth and final installment in this Inside MH video on manufactured home lending with Don Glisson Jr. in the weeks ahead. ##

latonykovach-louisiville2015-mhpronews-business-building-seminars-1L. A. "Tony" Kovach

Connect -

Free Twice Weekly emailed news, tips updates (Newsletters look like this) sign up free in seconds at 

Office 863-213-4090. and 

Daily Business News Briefs

Skyline, UMH Gain, Manufactured Housing CV Soars, S&P, NASDAQ Hit New H…

Noteworthy headlines on – CNNMoney – Fox trying to pull Jesse Watters from O’Reilly comedy tour. Oil stocks are the biggest losers of 2017. US unemployment hits 4.4 percent, lowest...


Read more

New Player Enters Manufactured Home, Communites, RV Game

Gelt Inc., a Tarzana, California based real estate investment firm, has announced the formation of a new subsidiary to purchase and manage manufactured home and RV communities. According to the...


Read more

Website Upgrade – on MHProNews Begins This Weekend

The long-anticipated upgrade to to version 3.0 will begin this weekend. The site will go down, starting Friday night/Saturday morning Eastern time. We anticipate the site coming back up...


Read more

Analyst, Investor Action at Skyline – What’s Happening?

For Skyline Homes, a recent rough patch has analysts and investors making moves. According to the Cerbat Gem, TheStreet downgraded shares of the company from a “c” rating to a...


Read more

MHARR on Tariffs, DOE, and, Federalized Installation – Exclusive Report and…

The Manufactured Housing Association for Regulatory Reform (MHARR) has released its latest Washington Update, an exclusive report and analysis that addresses key issues with the U.S. Department of Housing and Urban...


Read more

Magnificent May – New Reports, Announcements, and Schedule

Beginning with RC Williams hot new exclusive this morning on the behind-the-scenes developments in the nation’s capital regarding manufactured housing lending, Magnificent May will continue the MHProNews tradition of independent...


Read more

Patrick Rises Over 3 Percent, Manufactured Housing CV Broader Markets Jump

Noteworthy headlines on – CNNMoney – United and dragged passenger reach settlement. Southwest Airlines: We won’t overbook anymore. China’s Uber worth $50 billion after raising more cash. 10 things United...


Read more

Is Time Finally up for the CFPB?

Movement by the House Financial Services Committee, led by Chairman Jeb Hensarling (R-TX), could spell the end for the Consumer Financial Protection Bureau as we know it. According to ACA...


Read more

More First Nations Turning to Modular

Throughout Canada, many First Nations native tribes are struggling with the dual challenge of quality, and affordable, housing. Mold and other natural elements, when combined with overcrowding, present issues tribal...


Read more

Bark Worse than Bite? Manufactured Housing Institute Slams Trump Administra…

Comments from Commerce Secretary Wilbur Ross on CNBC yesterday regarding proposed anti-subsidy tariffs on Canadian goods raised quite a stir. “The tariff is not the beginning of a trade war with...


Read more

Drama in Ohio: Fake News, Facts and Myths

The ongoing battle between the Ohio Manufactured Housing Association (OMHA) and Ohio Governor John Kasich over the status of the Ohio Manufactured Housing Commission (OMHC) has been taken to a...


Read more

New Sponsors

You Might Like


Press Releases

Zoning, Opening up Urban Infill and Making Sure Citizens who want Manufactured Homes are Heard

by Ed Schafer For the last three or four years, the South Carolina association’s focus is to move beyond killing bad zoning proposals and working to reopen areas that have been closed to manufactured homes for many years.

Schafer, Ed %COMMENTS 05-09-2016 September 2016

Zoning Eased to Allow MH for Flood Victims

Following up on a story concerning the flooding in Minot, North Dakota last spring, KFYR-TV reports the Minot City Council is relaxing zoning requirements to allow manufactured homes to be sited in areas not previously zoned for them, sometimes to the chagrin of neighbors. Working on a case by case basis, many of the homes [...]...

Matthew Silver %COMMENTS 09-05-2012 Daily Business News

Zoning Commission Recommends against Expansion of Manufactured Home Community

The Yellowstone County Zoning Commission unanimously turned down a zone change application that would have allowed Cherry Creek Estates manufactured home community (MHC) to expand by adding as many as 80 manufactured homes, reports billingsgazette. While the Yellowstone County Board of Commissioners will have the final say when it meets in...

Matthew Silver %COMMENTS 12-04-2016 Daily Business News

Zoning Changes on Tap for Manufactured Housing

A new proposal from the Columbus Junction (Iowa) Planning and Zoning Commission to the city council would create a manufactured housing (MH) district, and delete MH from R-2 and R-3 residential districts. According to, current ordinances require any MH outside of a community to be placed on a permanent foundation and converted...

Matthew Silver %COMMENTS 27-09-2013 Daily Business News

Zoning Changes Could Affect Manufactured Housing

by RC Williams The Washington County, Maryland Board of Commissioners is holding a public hearing today regarding several proposed changes to the county’s zoning ordinance, including ones that affect manufactured homes.

Williams, RC %COMMENTS 04-03-2017 March 2017

Zoning Changes Allow Modular Units

Following up on a story we last posted May 2, 2012 about modular medical units temporarily placed on a property to house loved ones with special needs, MHProNews has learned several states, including Virginia, New York, and California have enacted legislation to allow these units to override local regulations and be sited on properties not [...]...

Matthew Silver %COMMENTS 24-07-2012 Daily Business News