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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.

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September 3, 2024

RV/MH Hall of Fame Welcomes Class of 2024

Last week, the 2024 RV/MH Hall of Fame Inductee Ceremony officially welcomed the Class of 2024. The Hall of Fame strives to recognize, preserve, and honor the history, pioneers, and individuals who have been instrumental in making the Recreational Vehicle and Manufactured Housing industries what they are today.

Vice President Harris Announces Plan for First 100 Days, Congressman Plans to Introduce Supporting Bill

As part of her campaign for president, Vice President Kamala Harris released several elements of her plan for her first 100 days in office. These are priorities that she believes will lower costs for American families. Major topics of the plan include housing and home ownership, medical debt and drug prices, grocery costs, and taxes.

Update About Industry Litigation Against DOE

MHI and TMHA continue to fight for the industry in federal court regarding the Department of Energy’s (DOE) misguided energy efficiency standard. Our litigation challenge is based in part on DOE’s failure to consult sufficiently with HUD as required by law. As a result of this litigation, the industry secured years of additional time for the implementation of this problematic standard, which was originally set to go into effect in June 2023.

RV/MH Hall of Fame Welcomes Class of 2024

Last week, the 2024 RV/MH Hall of Fame Inductee Ceremony officially welcomed the Class of 2024. The Hall of Fame strives to recognize, preserve, and honor the history, pioneers, and individuals who have been instrumental in making the Recreational Vehicle and Manufactured Housing industries what they are today.

Vice President Harris Announces Plan for First 100 Days, Congressman Plans to Introduce Supporting Bill

As part of her campaign for president, Vice President Kamala Harris released several elements of her plan for her first 100 days in office. These are priorities that she believes will lower costs for American families. Major topics of the plan include housing and home ownership, medical debt and drug prices, grocery costs, and taxes.

Update About Industry Litigation Against DOE

MHI and TMHA continue to fight for the industry in federal court regarding the Department of Energy’s (DOE) misguided energy efficiency standard. Our litigation challenge is based in part on DOE’s failure to consult sufficiently with HUD as required by law. As a result of this litigation, the industry secured years of additional time for the implementation of this problematic standard, which was originally set to go into effect in June 2023.