,,ii  #aacth ,,congress  #ast ,session  
,s4 #ahbh  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,december #af1 
#bjac,mr4 ,donnelly 7for himself and    
,mr4 ,coburn7 introduced the following  
bill2 which was read twice and referred 
to the ,committee on ,banking1 ,housing1
 and ,urban ,affairs  ,a ,,bill  ,to    
amend the ,truth in ,lending ,act to    
modify the definitions of a mortgage    
originator and a high-cost mortgage4    
#a4 ,short title ,this ,act may be cited
 as the ,preserving ,access to          
,manufactured ,housing ,act of #bjac4   
#b4 ,mortgage originator definition  7a7
 ,amendment to definition ,section #adja
 of the ,dodd-,frank ,wall ,street      
,reform and ,consumer ,protection ,act  
is amended1 in paragraph 7#b77;,c77ii7  
of the matter proposed to be added to   
section #ajc of the ,truth in ,lending  
,act1 by striking an employee of a      
retailer of manufactured homes who is   
not described in clause 7i7 or 7iii7 of 
subparagraph 7,a7 and who does not      

advise a consumer on loan terms         
7including rates1 fees1 and other costs7
 and inserting a retailer of            
manufactured or modular homes or its    
employees unless such retailer or its   
employees receive compensation or gain  
for engaging in activities described in 
subparagraph 7,a7 that is in excess of  
any compensation or gain received in a  
comparable cash transaction4  7b7       
,technical amendments  7#a7 ,section    
#adja of the ,dodd-,frank ,wall ,street 
,reform and ,consumer ,protection ,act  
is amended1 in the matter proposed to be
 added to section #ajc of the ,truth in 
,lending ,act1 by redesignating         
subsection 7cc7 as subsection 7dd74     
7#b7 ,section #adca7;d7 of the          
,dodd-,frank ,wall ,street ,reform and  
,consumer ,protection ,act is amended-- 
7,a7 by striking subsection 7cc7 and    
inserting subsection 7dd72 and  7,b7 in 
the matter proposed to be added to      
section #ajc of the ,truth in ,lending  
,act by redesignating subsection 7dd7 as

 subsection 7ee74  7c7 ,effective date  
,the amendments made by this section    
shall take effect as if included in the 
provisions of the ,dodd-,frank ,wall    
,street ,reform and ,consumer           
,protection ,act to which they relate4  
#c4 ,high-,cost mortgage definition     
,section #ajc of the ,truth in ,lending 
,act 7#ae ,u4,s4,c4 #afjb7 is amended-- 
7#a7 by redesignating subsection 7aa7   
7relating to disclosure of greater      
amount or percentage71 as so designated 
by section #aajj;,a of ,public ,law     
#aaa-bjc1 as subsection 7bb72  7#b7 by  
redesignating subsection 7bb7 7relating 
to high cost mortgages71 as so          
designated by section #aajj;,a of       
,public ,law #aaa-bjc1 as subsection    
7aa71 and moving such subsection to     
immediately follow subsection 7z72 and  
7#c7 in subsection 7aa77#a77;,a71 as so 
redesignated-- 7,a7 in clause 7i77,i71  
by striking 7#h4e percentage points1 if 
the dwelling is personal property and   
the transaction is for less than        

#ej1jjj7 and inserting 7#aj percentage  
points if the dwelling is personal      
property or is a transaction that does  
not include the purchase of real        
property on which a dwelling is to be   
placed1 and the transaction is for less 
than #ge1jjj 7as such amount is adjusted
 by the ,bureau to reflect the change in
 the ,consumer ,price ,index772 and     
7,b7 in clause 7ii7-- 7i7 in subclause  
7,i71 by striking or at the end2 and    
7ii7 by adding at the end the following3
  7,,iii7 in the case of a transaction  
for less than #ge1jjj 7as such amount is
 adjusted by the ,bureau to reflect the 
change in the ,consumer ,price ,index7  
in which the dwelling is considered     
personal property 7or is a consumer     
credit transaction that does not include
 the purchase of real property on which 
a dwelling is to be placed7 the greater 
of #e percent of the total transaction  
amount or #c1jjj 7as such amount is     
adjusted by the ,bureau to reflect the  
change in the ,consumer ,price ,index72 

or  4