Political Quotes

“Thank you, Ranking Member Waters, for yielding. Mr. Speaker, manufactured housing is a key form of affordable housing in my State, particularly in rural and underserved communities. More than 300,000 families in Arizona live in manufactured homes. Manufactured homes provide an affordable housing choice for many low- and moderate-income families. Existing manufactured home owners and potential buyers are negatively impacted by current regulations. These rules inadvertently curtail a consumer's ability to access manufactured home loans or to receive effective assistance in the manufactured home buying process. These regulations unintentionally create situations where borrowers are not allowed to be matched with lenders who can help them in a timely and efficient manner. For example, if a Realtor in Arizona works with a veteran who wants to use his or her VA eligibility to purchase a home, the Realtor connects the veteran with a number of lenders who offer VA home loans. Due to the current restrictions placed on retail salespeople, the process is different if a veteran shops for a manufactured home. Manufactured home sale centers have a marketing table where lenders place marketing and lending materials. Manufactured home salespeople cannot assist veterans in finding lenders. Instead, when a veteran enters the home center, she is instructed to go to the table and sift through the countless brochures and loan programs by herself to determine which lender is best.…”