Sunday, July 15, 2007

Manufactured Home Data Plate Missing

It is up to the lender to verify the HUD seal if it is missing.

Page 52 of Appendix D states:
”Mark the appropriate box to indicate if the Data Plate is attached. If the Data Plate is missing and/or the appraiser is unable to locate it, the appraiser only needs to report this fact and is not required to secure the Data Plate information from another source.”
Let the underwriter do what they are supposed to do.

HOC Reference Guide, Paragraph 1-9f contradicts Appendix D but was published October 31, 2003 and was superseded by Appendix D which was effective January 2006.