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HUD/OH RIN: 2502-AI82 Publication ID: Spring 2011 
Title: Title I Manufactured Home Loans (FR-5319-I-02) 
Abstract: This rule revises HUD's title I mortgage insurance regulations as they pertain to manufactured home loans, and follows the issuance of a title I letter and brief Federal Register notice explaining and providing guidance on the changes HUD have made to the program. The major changes to the currently codified rule are: An increase in insurable loan limits along with annual indexing to allow for future increases; coinsurance on an individual loan, rather than portfolio, basis; incontestability of insurance except for fraud or misrepresentation on the part of the lender; an upfront premium payment along with the annual premium payment; revisions to HUD's underwriting criteria; and, in the case where the manufactured home is intended to be rented, the requirement for a 3-year initial leasehold, renewable in 1-year increments. 
Agency: Department of Housing and Urban Development(HUD)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 24 CFR 5    24 CFR 84    24 CFR 85   
Legal Authority: 41 USC 701    42 USC 1437a, 1437c    42 USC 1437d, 1437f    42 USC 1437n, 3535(d)   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  09/00/2011    
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Deanna DiMarino
Housing Program Policy Specialist
Department of Housing and Urban Development
451 7th Street SW.,
Washington, DC 20410
Phone:202 402-3197