MHI Week in Review continues urging contacts with members of Congress to make revisions to the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) that are of significant concern to the manufactured housing industry.  These include: 1) high-cost mortgage triggers; 2) qualified mortgage criteria for small manufactured home loans; 3) exempt appraisal requirements for manufactured home loans classified as higher risk mortgages, and 4) mortgage loan originator definitions and requirements within both Dodd-Frank and the Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act), including a broader exemption for seller-backed financing within Dodd-Frank and the SAFE Act.  There is currently more Republican support for the changes than Democrat.  The newsletter states: “While the Consumer Financial Protection Bureau (CFPB) is scheduled to become fully operational on July 21, 2011, regulations implementing the Act’s mortgage finance and predatory lending provisions could take between 18 to 30 months to be fully implemented.”  Read the full report at MHI Continues Push for Dodd-Frank Reform.