Answer:
A manufactured home means any residential structure as defined under the regulations of the Department of Housing and Urban Development (HUD). The HUD definition requires generally that housing be essentially ready for occupancy upon leaving the factory and being transported to a building site. Other factory build homes, such as panelized and pre-cut homes, generally do not meet the HUD code because they require a significant amount of construction on site before they are ready for occupancy. Loans and applications relating to manufactured homes that do not meet the HUD definition should not be identified as manufactured housing under HMDA.
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