There is a reason Texas is so strong in factory built
home sales - they have a great organization that makes sure that the
facts get out to their members and consumers. We got this press release
today:
TMHA is pleased to announce our newest member resource with today’s launching of our
Owner-Finance Resource webpage.
We
have long known a portion of our membership has engaged in some form of
individual lending. Typically this is referred to as
“owner-financing.” Admittedly lending operations were never simple, but
the complexity and education needed in the new regulatory environment
has had an exponential impact on the demands of any would be lender,
especially smaller owner-finance lenders.
The cry for help,
education, resources, and direction is a common request we hear these
days. The high turnout at TMHA’s Dodd-Frank Implementation Workshop
further demonstrated the demand in our industry for more help and more
education.
Today we are launching a new, completely dedicated
resource page focused on owner-finance lending. In conjunction with the
webpage launch we are publishing three new articles below in what we
expect to be the first three installments of an on-going series of
articles dedicated to this area.
For more information about the Texas Manufactured Housing Association you can visit their
website or email them at: info@texasmha.com