Senators Push for Manufactured Housing Lending Reform.

The article reports that U.S Senators Joe Donnelly, Pat Toomey and Joe Manchin, have introduced the Preserving Access to Manufactured Housing Act that would made changes to federal regulations to secure financing to purchase manufactured housing. Topics discussed include release of the guideline by the Consumer Financial Protection Bureau, increase in lenders liabilities because of high cost mortgages and conditions to classify a mortgage high class.