If there is a mobile home that is treated as real estate, not by title, when we report this, is this reported as a Manufactured home or 1-4 family?

Does it meet the HUD definition of manufacturing housing?

Look to 2(i) on page D-6, and I(A)(4)(b) on page A-1 of the GIR.

Thanks Dan. From this I gather that all single, double and triple wides are Manufactured Homes.

They will be, if they are less than 10 years old, in most cases.

While we are on the subject, how do the rate spread calcs apply to these properties? Essentially, we take a security interest but we all realize that the rates are basically 3 points higher than other real estate. Does this mean that there is always going to be a rate spread?

In most cases yes.

I have a HMDA loan on a mobile home where the title is being retired. The title is being retired because the mobile home is now permanently affixed to the property and will be classified as a 1-4 family dwelling. I need to know how to classify this loan for HMDA, 1-4 or Mobile home? Also I was wondering where I could find some literature on the retirement of a title. Thanks.

I would continue to report it as a manufactured home. All manufactured homes are not mobile homes.

Thank you Dan.

I have been reading posts on BOL since 2003 when I started the HMDA Dance at my organization. You and many others at BOL have been a tremendous help. Thanks Again.