{"id":2330,"date":"2015-07-24T15:25:54","date_gmt":"2015-07-24T20:25:54","guid":{"rendered":"http:\/\/www.manufacturedhomepronews.com\/industryvoices\/?p=2330"},"modified":"2015-07-24T15:31:37","modified_gmt":"2015-07-24T20:31:37","slug":"conventional-housing-not-manufactured-housing-caused-the-meltdown-that-gave-us-dodd-frank-and-the-cfpb","status":"publish","type":"post","link":"https:\/\/www.manufacturedhomepronews.com\/industryvoices\/conventional-housing-not-manufactured-housing-caused-the-meltdown-that-gave-us-dodd-frank-and-the-cfpb\/","title":{"rendered":"Conventional Housing, not Manufactured Housing, caused the meltdown that gave us Dodd-Frank and the CFPB"},"content":{"rendered":"<p>The situation that led to Dodd-Frank, the Safe Act and the CFPB had virtually nothing to do with manufactured housing. That meltdown in housing in 2008 that led to Dodd-Frank was caused by poor conventional &#8216;on-site&#8217; house lending. Yet we in MH got dragged into it by a reactionary regulatory response by the government.<\/p>\n<p>As a result, the most common method of selling our homes to consumers (as personal property) has been regulated so hard, that even local lenders, not just big U.S. Bank, have pulled out. It appears that the way the government has decided to &#8220;protect&#8221; consumers from so-called &#8220;predatory lending&#8221; is to make it impossible for them to get a loan.<\/p>\n<p>Our homes were already the most regulated form of housing in the history of mankind largely, because policy makers just don\u2019t understand our product or its benefits to millions of consumers.<\/p>\n<p>S 682 will allow the consumers that need the affordability offered by our homes reasonable access to financing that fits the needs of their family. It will save them over rent. We see this reality in our business, at the ground level, rather than some non-profit group&#8217;s office that claims to speak for consumers. ##<\/p>\n<p><a href=\"http:\/\/www.manufacturedhomepronews.com\/industryvoices\/wp-content\/uploads\/2015\/07\/JodyAndersonManufacturedHomeRetailerTX-IndustryVoicesMHProNews-com-.jpg\"><img class=\"alignleft size-full wp-image-2331\" src=\"http:\/\/www.manufacturedhomepronews.com\/industryvoices\/wp-content\/uploads\/2015\/07\/JodyAndersonManufacturedHomeRetailerTX-IndustryVoicesMHProNews-com-.jpg\" alt=\"onManufacturedHomeRetailerTX-IndustryVoicesMHProNews-com-\" width=\"74\" height=\"96\" \/><\/a>Jody Anderson<br \/>\nMH Retailer, Texas<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>(<span style=\"color: #ff0000;\"><strong><em>Editor&#8217;s Note:<\/em> <\/strong><\/span>This is one of several posted comments that have doubled in the last 12 hours on The Hill&#8217;s Congressional blog. \u00a0It is reprinted with permission. \u00a0Please see <a href=\"http:\/\/www.manufacturedhomepronews.com\/industryvoices\/ez-virtually-charging-the-hill-for-more-manufactured-home-lending\/\" target=\"_blank\">Ross Kinzler&#8217;s blog post<\/a>, and then comment yourself on the post linked here.)<\/p>\n<p>http:\/\/thehill.com\/blogs\/congress-blog\/economy-budget\/248665-regulations-for-manufactured-home-loans<\/p>\n<p>As an FYI to those &#8216;tracking&#8217; the comments, please scroll to the bottom of the comment section every time. \u00a0The Hill&#8217;s comment section has no discernable pattern on where the comments are posted, unless they are a reply. \u00a0The most recent comment is not always &#8216;at the top&#8217; of the other comments. \u00a0MHProNews wants to thank and commend all of those who&#8217;ve already take 5 to sound off on this highly read Washington DC blog for their pro-MH financing efforts.)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The situation that led to Dodd-Frank, the Safe Act and the CFPB had virtually nothing to do with manufactured housing. That meltdown in housing in &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"ast-button\" href=\"https:\/\/www.manufacturedhomepronews.com\/industryvoices\/conventional-housing-not-manufactured-housing-caused-the-meltdown-that-gave-us-dodd-frank-and-the-cfpb\/\"> <span class=\"screen-reader-text\">Conventional Housing, not Manufactured Housing, caused the meltdown that gave us Dodd-Frank and the CFPB<\/span> Read More \u00bb<\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":""},"categories":[1],"tags":[1932,2057,1642,562,2058,2050,2055,2056],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Conventional Housing, not Manufactured Housing, caused the meltdown that gave us Dodd-Frank and the CFPB | Industry Voices<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.manufacturedhomepronews.com\/industryvoices\/conventional-housing-not-manufactured-housing-caused-the-meltdown-that-gave-us-dodd-frank-and-the-cfpb\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Conventional Housing, not Manufactured Housing, caused the meltdown that gave us Dodd-Frank and the CFPB | Industry Voices\" \/>\n<meta property=\"og:description\" content=\"The situation that led to Dodd-Frank, the Safe Act and the CFPB had virtually nothing to do with manufactured housing. That meltdown in housing in &hellip; Conventional Housing, not Manufactured Housing, caused the meltdown that gave us Dodd-Frank and the CFPB Read More \u00bb\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.manufacturedhomepronews.com\/industryvoices\/conventional-housing-not-manufactured-housing-caused-the-meltdown-that-gave-us-dodd-frank-and-the-cfpb\/\" \/>\n<meta property=\"og:site_name\" content=\"Industry Voices\" \/>\n<meta property=\"article:published_time\" content=\"2015-07-24T20:25:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2015-07-24T20:31:37+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.manufacturedhomepronews.com\/industryvoices\/wp-content\/uploads\/2015\/07\/JodyAndersonManufacturedHomeRetailerTX-IndustryVoicesMHProNews-com-.jpg\" \/>\n<meta name=\"author\" content=\"Soheyla Kovach\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Soheyla Kovach\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.manufacturedhomepronews.com\/industryvoices\/conventional-housing-not-manufactured-housing-caused-the-meltdown-that-gave-us-dodd-frank-and-the-cfpb\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.manufacturedhomepronews.com\/industryvoices\/conventional-housing-not-manufactured-housing-caused-the-meltdown-that-gave-us-dodd-frank-and-the-cfpb\/\"},\"author\":{\"name\":\"Soheyla Kovach\",\"@id\":\"https:\/\/www.manufacturedhomepronews.com\/industryvoices\/#\/schema\/person\/0dea729f575e03819572c61f5fb100d7\"},\"headline\":\"Conventional Housing, not Manufactured Housing, caused the meltdown that gave us Dodd-Frank and the CFPB\",\"datePublished\":\"2015-07-24T20:25:54+00:00\",\"dateModified\":\"2015-07-24T20:31:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.manufacturedhomepronews.com\/industryvoices\/conventional-housing-not-manufactured-housing-caused-the-meltdown-that-gave-us-dodd-frank-and-the-cfpb\/\"},\"wordCount\":348,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.manufacturedhomepronews.com\/industryvoices\/#organization\"},\"keywords\":[\"CFPB regulations\",\"Dodd-Frank reform\",\"jody anderson\",\"manufactured home loans\",\"Predatory loans\",\"Preserving Access to Manufactured Housing Act\",\"S 682\/HR 650\",\"TX manufactured home retailer\"],\"articleSection\":[\"MH Industry Voices\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.manufacturedhomepronews.com\/industryvoices\/conventional-housing-not-manufactured-housing-caused-the-meltdown-that-gave-us-dodd-frank-and-the-cfpb\/\",\"url\":\"https:\/\/www.manufacturedhomepronews.com\/industryvoices\/conventional-housing-not-manufactured-housing-caused-the-meltdown-that-gave-us-dodd-frank-and-the-cfpb\/\",\"name\":\"Conventional Housing, not Manufactured Housing, caused the meltdown that gave us Dodd-Frank and the CFPB | Industry Voices\",\"isPartOf\":{\"@id\":\"https:\/\/www.manufacturedhomepronews.com\/industryvoices\/#website\"},\"datePublished\":\"2015-07-24T20:25:54+00:00\",\"dateModified\":\"2015-07-24T20:31:37+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.manufacturedhomepronews.com\/industryvoices\/conventional-housing-not-manufactured-housing-caused-the-meltdown-that-gave-us-dodd-frank-and-the-cfpb\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.manufacturedhomepronews.com\/industryvoices\/conventional-housing-not-manufactured-housing-caused-the-meltdown-that-gave-us-dodd-frank-and-the-cfpb\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.manufacturedhomepronews.com\/industryvoices\/conventional-housing-not-manufactured-housing-caused-the-meltdown-that-gave-us-dodd-frank-and-the-cfpb\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.manufacturedhomepronews.com\/industryvoices\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Conventional Housing, not Manufactured Housing, caused the meltdown that gave us Dodd-Frank and the CFPB\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.manufacturedhomepronews.com\/industryvoices\/#website\",\"url\":\"https:\/\/www.manufacturedhomepronews.com\/industryvoices\/\",\"name\":\"Industry Voices\",\"description\":\"Letters to the Editor and OpEd by &amp; 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