We have been told by multiple sources that refinancing is out of the question. VA confirmed it would NEVER had guaranteed the initial had it known the true history of the ‘for salvage’ structure.

We are now in litigation. We are told this may be the first case of this type of mortgage fraud brought to the courts in the entire United States.

Seller knew (or should have known), the property was not federally eligible to them. Lender knew there was no HUD Label Certification. Appraiser knew there were no HUD Labels on the structure. Engineer said he didn’t disclose in his report so not to “kill the loan”. (He didn’t do us any favors by covering up the fraud). Insurers gave Lenders Endorsements for the manufactured structure. They should have issued MOBX01 to exclude the manufactured structure — and we would have then terminated the contract at the inception.

The whole matter started with a mh retailer who used the counterfeit, void MCO to file with the County, claiming the structure “new” when he set it on a piece of land he bought. He did not ever disclose the true history. We fell into that pit of quicksand after seeking a HELOC, and began on a mystery uncovering of fraudulent records.
https://archives.hud.gov/offices/hsg/sfh/ref/sfhp1-9f.cfm

Had ANY of the professionals who were paid to assure legality done his or her duty, the fraud would have been revealed. But, instead, they each covered and continued the fraud.

We now hold an empty equity bag that we have been pouring money into for several years.

Do you stop your appraisal and condition it can’t be finished until the Lender does their job?

Appraiser is to recommend Lender reject the property for loan until HUD certification is verified.

That is

I am glad to hear you were able to resolve your situation.

Our verification letter from HUD said “Subject: Verification for HUD Label Numbers IDA212218 and IDA212219
The following information is provided pursuant to authorization by HUD. According to our records, the home built by Fleetwood Homes of ID #04, Nampa, ID, with Serial Number IDFL404A/B26115-CY13 was reported to us as damaged. The home was wrecked, therefore can no longer be considered a HUD home.”

That confirmed the report from Fleetwood that our ‘home’ had hit a bridge in transit. The dealer did not disclose the information and he later sold the declared “salvaged” unit with no HUD tags, to the public. The insurance paid it off for the original owners, and the dealer scammed the public.

My husband and I are now dealing with the title insurance folks, who say they only insured the 5 acres, not the structures on the land.

We have been told our situation may be the first case like this reported in the U.S. Any thoughts?

We first tried to look on the axel for the serial number which was the suggestion of IBTS. This information was not able to help IBTS. Next, I contacted the state. In my case, Arizona Department of Housing and thankfully the home was manufactured in this state and they were able to provide me with a letter with Hud Label and Serial number which worked for the lender requirement.

I did something similar for a refi. Did my research b4 hand, got there stated it was a manufactured house and the borrower stated no it’s not because the addition was bigger than the manf. portion. Asked him one question…where’s the kitchen? It was of course in the manufactured portion. End of story.

Were you able to come to any resolution on this? I am in the same situation as well.

We are now preparing for litigation and looking for an expert witness. We have the Fleetwood wreck reports and the IBTS decertification letter.

Lender knew there were no HUD tags and didn’t follow up and title insurance refuses to pay claim even though property was insured.

🙁 Dishonest dealer started a nightmare chain of events.

Brian: I am doing a manufacture home with no hud tag. IBTS said they can not locate the label because the affidavit did not have correct make and manufacturer. Any suggestions?

Hi. Where you able to resolve this issue?

Did you come up with a solution? I am having the same issue.

The h&b use of a manufactured home is meals on wheels. Dang, I showed up for that comp pic and they had just scraped and removed it. Only in manufactured. Will HUD approve them with old tin wrap for crawl cover?