When it comes to HMDA, there are some things to be aware of when dealing with manufactured homes. First, if a manufactured home was constructed prior to June 15, 1976, it is not considered a dwelling for HMDA purposes. Second, any manufactured home constructed after that date and that does not bear a HUD Certification Label is a dwelling for HMDA purposes but not a manufactured dwelling. To be a manufactured dwelling, it must be meet both conditions (date and certification). This distinction comes into play when reporting certain data on your HMDA LAR.
David explains more in the video.
Published
2023/11/13