Stephen Lee Fincher

Mr. Speaker, I rise today to discuss my bill, the Preserving Access to Manufactured Housing Act. My legislation makes two important changes to regulations that could affect the accessibility of financing options for purchasers of manufactured homes.

Manufactured housing serves as a valuable, affordable housing option for American families all across our nation. Unfortunately, due to CFPB mortgage regulations that do not reflect the unique nature of the manufactured home sales process, access to financing for manufactured homes is in serious jeopardy. My bill would modify the definition of high-cost loans so that manufactured housing loans are not unfairly swept under the high-cost loan designation simply due to their size.

Additionally, the Act will clarify that manufactured housing retailers who are not engaged in financing loans should not be considered mortgage loan originators for purposes of heightened regulation and limitation on activity under the SAFE Act.

Mr. Speaker, I urge my colleagues in the House (and Senate) to support me in passing the Preserving Access to Manufactured Housing Act, in order to ensure continued availability of this affordable housing option.

Mr. Speaker, I rise today to discuss my bill, the Reform Exports and Expand the American Economy Act. My legislation makes 31 significant reforms to promote much needed transparency and accountability of the Export-Import Bank while fostering job-growth.

Ex-Im Bank has been a job-creator since its inception, yet it is in dire need of major reforms. In reforming the Ex-Im Bank, we'll make the bank more accountable and transparent while requiring the Bank to be more solvent and self-sufficient in order to reduce the burden to the taxpayer.

People in my District, and across the country, are demanding more economic opportunities and expansion of the job-market. We can meet their demands, by taking action now and supporting these reforms to the Ex-Im Bank that will make the bank more solvent and reduces risk to hard-working taxpayers immediately.

Mr. Speaker, I urge my colleagues in the House (and Senate) to support me in passing the Ex-Im Bank Reform Act, in order to ensure accountability, transparency and job-growth.

Mr. Speaker, on roll call no. 16 had I been present, I would have voted aye.