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Mobile Home Loan: HPML Applicable?

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Question: 
We have a fixed rate, mobile home only loan with no land attached, does HPML apply?
Answer: 

Yes, if it is the consumer's primary dwelling. Review the definition of a dwelling in section 226.2 of Reg Z.

First published on BankersOnline.com 11/01/10

First published on 11/01/2010

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