[Legislativecommittee1] FW: MH Title Change Bill

Thu Sep 19 16:28:18 PDT 2024

Do we want to schedule a call that first week of October?

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Jim Blair | CEO
jblair4 at figtitle.com | (509) 662-4721
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From: Legislativecommittee1 <legislativecommittee1-bounces at washingtonlandtitle.com> on behalf of George Peters <execdirector at washingtonlandtitle.com>
Sent: Thursday, September 19, 2024 4:08 PM
To: 1 WLTA Legislative Committee <legislativecommittee1 at washingtonlandtitle.com>
Subject: [Legislativecommittee1] FW: MH Title Change Bill

See the email below. I suspect we’d pick this up when looking at proposed bills as they get dropped, but perhaps we can be involved earlier. Hopefully someone who is currently familiar with mobile home titling and de-titling (or who knows someone in there company who might not currently be on the Legislative Committee) can be on top of this to review the language sooner than later, but at least as soon as it is available.

Victoria doesn’t mention which representatives they are talking with.

George

George Peters, WTP

Executive Director

Washington Land Title Association

https://link.edgepilot.com/s/fad9958d/x9P_-2m5K0_VTze-RXeqFQ?u=https://washingtonlandtitle.com/

Mail: PO Box 328, Lynnwood, WA 98046

Delivery: 6817 208th St SW, #328, Lynnwood, WA 98036

206-437-5869 (Mobile)

206-260-4731 (Fax)

execdirector at washingtonlandtitle.com<mailto:execdirector at wltaonline.org>

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This is a confidential communication intended solely for the named recipient. If you are not the intended recipient, please destroy it and call George Peters at 206-437-5869 immediately. Thank you.

From: George Peters <execdirector at washingtonlandtitle.com>
Sent: Thursday, September 19, 2024 4:03 PM
To: 'Victoria O'Banion' <victoria at nwcdc.coop>
Subject: RE: MH Title Change Bill
Importance: High

Good afternoon, Victoria, and thanks for your inquiry.

We would be happy to look at any bill that you propose for the upcoming legislative session. Our Legislative Committee reviews all bills that might affect real property and in particular those that might affect title insurance and escrow closings. I will pass your email along, and you may hear from someone on the committee.

In the meantime, if you have any bill language that you are considering, even if it’s just in preliminary draft form, please also send that along to me. We would very much like to see it in advance of it reaching committee stage.

George

George Peters, WTP

Executive Director

Washington Land Title Association

https://link.edgepilot.com/s/fad9958d/x9P_-2m5K0_VTze-RXeqFQ?u=https://washingtonlandtitle.com/

Mail: PO Box 328, Lynnwood, WA 98046

Delivery: 6817 208th St SW, #328, Lynnwood, WA 98036

206-437-5869 (Mobile)

206-260-4731 (Fax)

execdirector at washingtonlandtitle.com<mailto:execdirector at wltaonline.org>

[WLTA Logo w-Ring Blue 1a][cid:image002.jpg at 01DB0AAD.6E695B60]

This is a confidential communication intended solely for the named recipient. If you are not the intended recipient, please destroy it and call George Peters at 206-437-5869 immediately. Thank you.

From: Victoria O'Banion <victoria at nwcdc.coop<mailto:victoria at nwcdc.coop>>
Sent: Wednesday, September 18, 2024 3:05 PM
To: execdirector at washingtonlandtitle.com<mailto:execdirector at washingtonlandtitle.com>
Subject: MH Title Change Bill

Good Afternoon Mr. Peters,

I am working with several representatives on a bill that would allow residents in manufactured home communities to change the title of their home from personal to real property. I have spoken with the Department of Revenue, the Department of Licensing, and the Department of Commerce. All of the agencies have no initial objections to the concept.

The goal with this statute change would be to allow residents in cooperatively owned manufactured home communities the ability to access Title II loans. Fannie Mae has been securing loans to homeowners cooperatively owned manufactured home communities in New Hampshire since 2008 and they are eager to expand the program. In talking with my colleagues in Minnesota who recently passed similar legislation I was encouraged to reach out to your organization. We want to ensure that mortgage insurers are comfortable with the cooperative model.

Would you be available to schedule a call for the first week of October?

Thank you,

Victoria

--

Victoria N. H. O'Banion (she/her/hers)

Cooperative Housing Development Manager

Northwest Cooperative Development Center

www.rocnorthwest.com<https://link.edgepilot.com/s/da3fef5b/sudFvzX_fEO6AKl4088PPg?u=http://www.rocnorthwest.com/>

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