The Consumer Financial Protection Bureau (CFPB) has sued Vanderbilt Mortgage & Finance, accusing the company of routinely approving manufactured-home loans for families who could not afford them. The ...
In one of the nation’s most expensive housing markets, a nonprofit says subsidized loans are still available to help low-income residents in San Mateo County mobile home parks. The Housing Endowment ...
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What is a chattel mortgage?
A chattel mortgage is a loan used to buy movable property, like manufactured and mobile homes, rather than fixed real estate. They are sometimes referred to interchangeably as manufactured home loans.
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