With the universe of investors expanding in the mortgage markets for manufactured housing, lenders face dynamic and increasing regulatory compliance responsibilities – at both the state and federal levels. I have focused on this area for years now, both giving legal advice and consulting on related legislation. I help lenders keep up with the laws and regulations so they can focus on moving their businesses forward.
Marc J. Lifset advises financial institutions regarding consumer financial services issues, licensing, regulatory compliance, and legislative matters. He is a national authority on laws and regulations governing manufactured housing and was instrumental in changes to the titling laws in Alaska, Illinois, Iowa, Louisiana, Maryland, Mississippi, Missouri, Nebraska, New York, North Dakota, and Virginia. He represents clients throughout the United States.
Marc counsels manufactured housing lenders on chattel lending guidelines and structuring both chattel-only and land-home mortgages for manufactured homes. He also advises on manufactured housing community parks and debt collection issues, manufactured home sales and dealer licensing issues, and transactions involving manufactured housing finance – including inventory loans, lines of credit, chattel paper, secondary market transactions, and related matters.
Marc’s work in the area of consumer financial services includes advising clients on construction and home improvement lending and state and federal lending law compliance. He also has extensive experience representing lenders and servicers at the New York State Department of Financial Services.
Marc’s clients include Sun Communities, a publicly traded REIT.