Association leaders are telling MHProNews that there has been a notable ‘quiet’ during the first month of the implementation of the CFPB imposed Appraisal Rule on HPML loans. One association leader told us off the record that “I’ve had no reaction whatsoever, so I must assume everyone is coping.” Mary McBrady, with the Massachusetts Manufactured Housing Association said it is “Too soon to tell.”

Darren Krolewski, Vice President, Marketing & Business Development for DataComp and its sister operations, MHVillage and JLT & Associates, said the first month has gone well.

“So far, DataComp has provided valuations for well over $20 million worth of new manufactured homes and that number increases exponentially each day as new deals continue to move through the financing pipeline,” Krolewski said. 

MHProNews has reached out to NADA for comment, and will share their insights when received.

It should be noted that the new Manufactured Home Industry Survey asks for specific comments on the appraisal topic, as well as 4 more MH Industry subjects of interest to MH Professionals. You can go to and take part in the survey by clicking the link above. ##

(Image credit: Birmingham Appraisal Blog)