Keeping America’s Dream Affordable
To promote and protect the manufactured housing industry in Tennessee!
Your legislative, regulatory, and educational voice for the factory built industry in Tennessee.
Proud Member of the
Next Board of Director’s Meeting:
Thursday, December 14, 2017
Click: 2017 Class Schedule
You must be registered in advance of the class. No walk-ins.
Tennessee Housing Association
P. O. Box 569
Mount Juliet, TN 37121
1002 Meb Court, Suite B
Mount Juliet, TN 37122
LET YOUR VOICE BE HEARD!
All members of the manufactured housing industry should fully understand the issues we are fighting, on your behalf!
As we continue to push for regulatory change of federal laws, the Manufactured Housing Institute (MHI) has prepared and distributed a ‘Myth vs. Fact‘ sheet, relative to what the ‘Preserving Access to Manufactured Housing Act of 2017’ legislation actually hopes to accomplish.
The bills HB1699/S1751, were introduced to amend the Truth in Lending Act (TILA) to specify a retailer of manufactured housing is generally not a “mortgage originator”, subject to requirements under that Act. Similarly, the bill amends the Secure and Fair Enforcement for Mortgage Licensing Act of 2008, to specify such a retailer is generally not a “loan originator”, subject to requirements under that Act.
In addition, the bill increases the annual percentage rates and transaction values at which mortgages for certain dwellings are considered “high-cost mortgages” under TILA.
As well, H.R.10 carries similar language, and is yet another ‘vehicle’ the industry is using to accomplish the mission of having our language passed in to law.
Please review the document ‘Myth vs. Fact‘, then contact your respective legislators, to request they co-sponsor these bills; or contact your legislator to express your thanks for their support. You can easily access your legislator by going to MHI’s ‘Grass Roots Action‘ page, and following the directions. Input your contact information and your legislator automatically pops up, via your zip code! In the world of technology, it is so easy to support your industry, by allowing your voice to be heard!
Currently, we need:
(1) all individuals to contact their Senator, either Senator Corker or Senator Alexander, and ask for their support as co-sponsors of the Senate Bill 1751;
(2) individuals within Representative Diane Black, Representative Jim Cooper and Representative Steve Cohen’s districts, contact them relative to co-sponsoring House Bill 1699;
(3) individuals should thank and encourage Representative Marsha Blackburn, Representative Scott DesJarlais, Representative John Duncan, Representative Chuck Fleischmann, Representative David Kustoff, and Representative Phil Roe… for their early sign on to sponsor HB1699.