Posts

The Consumer Financial Protection Bureau (CFPB) issued an Advisory Opinion, a Report, and a Consumer Advisory about Contracts for Deed.

Under contract for deed deals (also called “land contracts”), the seller agrees to turn over a home’s deed only after the buyer completes a series of payments. The CFPB said that investors are “setting borrowers up to fail” using “predatory products.” The major thrust of these multiple actions is to highlight the issue and to warn investors of legal responsibilities under the Truth in Lending Act (TILA), including the borrower’s ability to repay the loan, provide informative and accurate disclosures, and limit balloon payments.

Keep Exploring

Related Posts

August 7, 2025

MHI on the Hill Returns to Washington, D.C. September 9-10

MHI members have an exclusive opportunity to engage with national issues and federal policymakers during MHI on the Hill, September 9 and 10 in Washington, D.C.

At this meeting, you will learn about the latest issues and trends for manufactured home communities, with programming not found at any other industry meeting. Register today!

MHI National Communities Council Fall Leadership Forum Registration is Now Open

Join MHI for the only community executive-level event of the year: the 2025 MHI National Communities Council Fall Leadership Forum in Chicago November 5-7.

At this meeting, you will learn about the latest issues and trends for manufactured home communities, with programming not found at any other industry meeting. Register today!

July 22, 2025

Manufactured Housing Coming to the National Mall in September

Secretary Scott Turner announced the return of the U.S. Department of Housing and Urban Development (HUD)’s Innovative Housing Showcase from September 6 – 10 to the National Mall in Washington, D.C. Previously, the Innovative Housing Showcase was scheduled to take place May 30 – June 1.

August 7, 2025

MHI on the Hill Returns to Washington, D.C. September 9-10

MHI members have an exclusive opportunity to engage with national issues and federal policymakers during MHI on the Hill, September 9 and 10 in Washington, D.C.

At this meeting, you will learn about the latest issues and trends for manufactured home communities, with programming not found at any other industry meeting. Register today!

MHI National Communities Council Fall Leadership Forum Registration is Now Open

Join MHI for the only community executive-level event of the year: the 2025 MHI National Communities Council Fall Leadership Forum in Chicago November 5-7.

At this meeting, you will learn about the latest issues and trends for manufactured home communities, with programming not found at any other industry meeting. Register today!

July 22, 2025

Manufactured Housing Survey (MHS) Overview

The latest data from the U.S. Census Bureau for manufactured homes has just been released for June 2025.