Welcome to Episode 60 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. This episode is a continuation of Dick Ernst’s interview from last week. If you haven’t heard Part 1, be sure to check it out before listening to this episode! Dick continues his discussion on what it takes to help people buy mobile homes, and discusses in detail how the Dodd-Frank regulation has helped/hurt families.
Key Takeaways:
[1:30] Has the Dodd-Frank regulation helped families making 30K a year get mobile homes or has it hurt them?
[8:45] Lenders in the industry don’t want to make high-cost loans because they’ll become branded as a predatory lender.
[9:45] What’s happening with the CFPB (Consumer Financial Protection Bureau) right now?
[14:30] In an attempt to get Fannie and Freddie to be investing more into mobile home parks, who is leading the lobbying efforts in this?
[17:40] What can listeners do to help support this cause?
[22:35] Have more questions for Dick? You can give him a call!
Mentioned in This Episode:
Park Street Partners Business Resources
LinkedIn: Mobile Home Park Investors Group
Send deals to: deals@parkstreetpartners.net
Email: Dick@FinMarkUSA.Com
Dick’s Cell Phone: 214-335-2708
Dick’s Office Line: 972-503-3201
