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Mortgage Professor about compliance: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Manufactured Housing: A Messy Picture
May 19, 2003, Revised February 14, 2005 What Is a Manufactured House? A manufactured home is built entirely in a factory, transported to a site, and installed there. It is distinguished from "modular", "panelized", and "pre-cut" homes, ... more... Implementation of MHI Act of 2000 May 19, 2003 The table below, courtesy of the Manufactured Housing Institute, shows compliance by the states with the Manufactured Housing Improvement Act of 2000. ... more... |
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compliance related definitions |
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Certificate of Occupancy
Certificate of Occupancy Document issued by a local governmental agency that states a property meets the local building standards for occupancy and is in compliance with public health and building codes. This document is normally required ... more... Commitment Commitment A promise by a lender to make a loan on specific terms or conditions to a borrower or builder. A promise by an investor to purchase mortgages from a lender with specific terms or conditions. An ... more... |
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