PROTECTING ACCESS TO MANUFACTURED HOMES.

SEC. 107. PROTECTING ACCESS TO MANUFACTURED HOMES. Section 103 of the Truth in Lending Act (15 U.S.C. 1602) is amended— (1) by redesignating the second subsection (cc) (relating to definitions relating to mortgage origination and residential mortgage loans) and subsection (dd) as subsections (dd) and (ee), respectively; and (2) in paragraph (2) of subsection (dd), as so redesignated, by striking subparagraph (C) and inserting the following: “(C) does not include any person who is— “(i) not otherwise described in subparagraph (A) or (B) and who performs purely administrative or clerical tasks on behalf of a person who is described in any such subparagraph; or “(ii) a retailer of manufactured or modular homes or an employee of the retailer if the retailer or employee, as applicable— “(I) does not receive compensation or gain for engaging in activities described in subparagraph (A) that is in excess of any compensation or gain received in a comparable cash transaction; “(II) discloses to the consumer— “(aa) in writing any corporate affiliation with any creditor; and “(bb) if the retailer has a corporate affiliation with any creditor, at least 1 unaffiliated creditor; and “(III) does not directly negotiate with the consumer or lender on loan terms (including rates, fees, and other costs).” .