Manufactured Housing Law Update
Manufactured Housing Law Update – November 2016Read Time: 1 min
If you are still stuffed from all of the turkey you ate last month, we have some bad news. There were few developments impacting manufactured housing last month, which means you will not burn many calories reading this Update.
We do have a case from Indiana that highlights the importance of retailers and community owners engaging in financing to do it right.
If you are lending in South Dakota, you should be aware that the voting public passed a measure putting in place an “all‐in,” we mean everything, 36% usury cap and effectively prohibiting the collection of attorneys’ fees for certain loan products.
Have a wonderful holiday season and New Year!
McGlinchey Stafford is pleased to bring you the Manufactured Housing Law Update, prepared by the firm’s nationally recognized consumer financial services team. For decades, McGlinchey Stafford has been a leader in the manufactured housing and mortgage lending industries, representing clients in the areas of federal and state law compliance, preemption analysis and advice, nationwide document preparation, licensing support, due diligence, federal and state examination and enforcement action defense, individual and class action litigation defense, and white collar criminal defense.