NYMBA meets with Governor Cuomo’s Staff on Manufactured Housing Title Conversion

October 25, 2019:  NYMBA, with other industry professionals, met with the Governor’s staff about the need for titling conversion in New York. Currently, manufactured housing is titled as personal property/chattel and there is no mechanism to convert title to real property. New York is the only state that does not allow for title conversion for manufactured housing.

With over 190,000 manufactured housing units in New York State, primarily located in rural upstate, western New York, and areas of Long Island and Staten Island, manufactured housing remains a source of affordable housing and a means for low and moderate income New Yorkers to establish wealth and financial security.

The Governor’s staff was very receptive to having a process for title conversion as it benefits many New Yorkers around the state and we look forward to continuing the conversation.

March Forum

Revitalizing Communities and Forging New Partnerships2019 NYMBA Forum 3.18.19

Restoring zombie properties for New York municipalities and consumers is paramount.   This event provided a starting point positive discussion on revitalizing communities with experts in the fields of fast-track foreclosure law, property preservation, mortgage loan servicing as well as elected officials and community stakeholders.  Neighborhood reinvestment and tools to rehabilitate properties in New York were explored in this 1/2 day workshop for those interested in improving communities throughout New York.

WHO ATTENDED

  • Mortgage Loan Servicers
  • State & Local Elected Officials
  • Foreclosure Attorneys
  • Property Preservationists
  • Housing Advocacy Groups
  • Community Preservationists
  • Municipalities
  • Code Enforcement Officials

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The Mortgage Action Alliance (MAA) is a voluntary, non-partisan and free nationwide grassroots lobbying network of real estate finance industry professionals, affiliated with the Mortgage Bankers Association. MAA is dedicated to strengthening the industry’s voice and lobbying power in Washington, DC and state capitals across America. Get involved with MAA to play an active role in how laws and regulations that affect the industry and consumers are created and carried out by lobbying and building relationships with policymakers. It only takes a moment to get started, and you do not have to be a member of MBA to enroll.

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