MHI Financial Reform Taskforce Convenes in Dallas

The Manufactured Housing Institute (MHI) reported that earlier this week, 20 members of MHI’s Dodd-Frank Financial Reform Taskforce convened in Dallas to identify and prioritize provisions in the Dodd-Frank Act. MHI says if unchanged, Dodd-Frank will significantly burden manufactured home purchasers by adding to the cost of acquiring a loan or restrict access to/availability of financing (including related statutes, such as the SAFE Act). The taskforce also began the task of identifying regulatory and legislative remedies the association must undertake to amend these provisions. MHI has retained the lobbying firm of Porterfield, Lowenthal & Fettig to assist on this critical issue. This issue will be the centerpiece of MHI legislative activities next year. MHI will be hosting a membership-wide webinar on December 9, 2010 to assist members in how to begin to communicate with Congress on this complex issue.

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