We have received text from H.R. 10975: Fair Manufactured Housing Lending Act. This bill was received on 2026-11-10, and currently has 8 cosponsors.
Here is a short summary of the bill:
This bill would change the Truth in Lending Act so that retailers selling manufactured homes or modular homes are treated as mortgage originators under federal law in more situations.
What that means in practice
Mortgage originators are generally businesses or people involved in arranging or making home loans. By changing this definition, the bill would make it more likely that certain manufactured-home and modular-home retailers fall under the same lending rules that apply to other mortgage-related businesses.
In plain terms, the bill appears intended to close a gap in federal lending law so that retailers who help connect buyers to financing for these homes are covered by mortgage-originator requirements, rather than being excluded in some cases.
Possible effects
- Retailers of manufactured or modular homes could face additional federal lending compliance obligations.
- Consumers buying these homes might receive lending disclosures and protections that are more aligned with standard mortgage rules.
- Lenders and retailers in this market may need to adjust how they handle loan offers, referrals, and financing-related activities.
What the bill does not appear to do
- It does not create a new loan program.
- It does not set interest rates or lending terms.
- It does not directly change who can buy a manufactured or modular home.
- It does not, on its face, rewrite the full mortgage lending framework; it makes a targeted change to one definition in federal law.
Relevant Companies
Representative Suzanne Bonamici Bill Proposals
Here are some bills which have recently been proposed by Representative Suzanne Bonamici:
- H.R.10975: Fair Manufactured Housing Lending Act
- H.R.10649: Safe Disposal of Opioids Act of 2026
- H.R.10515: Artificial Intelligence Education and Workforce Readiness Act of 2026
- H.R.10421: Transforming Education for the Future Act
- H.R.10220: SIMPLE Act
- H.R.9824: Daycare Not Detentions Act of 2026
You can track bills proposed by Representative Suzanne Bonamici on Quiver Quantitative's politician page for Bonamici.
Representative Suzanne Bonamici Net Worth
Quiver Quantitative estimates that Representative Suzanne Bonamici is worth $11.3M, as of November 11th, 2026. This is the 103rd highest net worth in Congress, per our live estimates.
Bonamici has approximately $543.0K invested in publicly traded assets which Quiver is able to track live.
You can track Representative Suzanne Bonamici's net worth on Quiver Quantitative's politician page for Bonamici.
2026 Oregon's 1st Congressional District Election
There has been approximately $1,119,703 of spending in Oregon's 1st congressional district elections over the last two years, per our estimates.
The rating for this race is currently "Solid D".
You can track this election on our matchup page for the 2026 Oregon's 1st congressional district election.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
