Mobile home owners fear evictions as pandemic protection stops

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Mobile home owners, meanwhile, had little choice but to rely on the favor of the dominant financial firms.

As Ms. Burnworth found out, this can be tricky. Her unemployment checks were not enough to cover her expenses after she lost several short-term jobs, including her job at the Census Bureau. She applied for a loan modification from 21st Mortgage to cut her monthly payments, but she said the company was reluctant to offer it – even after she began receiving regular checks from the government in August to care for her son.

Clayton Homes, the parent company of 21st Mortgage, said in a statement that it made no changes to the loan, believing that offering short-term loans to borrowers for a missed payment worked better. The company said it provided Ms. Burnworth with loans totaling $ 3,649 in mortgages when she faced financial problems in previous years and did not demand repayment.

“I have a responsibility to take care of the house and make payments, but it’s difficult to keep a job when you have a sick child,” said Ms. Burnworth. She said she had already laid out more than $ 130,000 in principal and interest over the life of the loan, which has an interest rate of 9.25 percent. Clayton contested the amount she paid and noted that she did not own her loan in the first few years she lived in the house.

While Ms. Burnworth owns the land on which her mobile home is located, many mobile home owners are renting premises from mobile home park operators, which are increasingly run by large real estate firms. This arrangement means that mobile home owners can pay both a finance company and a real estate firm, which increases their chances of being evicted if they get into financial trouble.

Has already testimony that the number of evictions may increase when the moratorium and post-pandemic assistance ends. The Private Equity Stakeholder Project’s review of eviction claims in six states identified five major mobile home park operators among the 150 corporate landlords that have filed the most eviction claims since the federal moratorium. comes into force in September.

Raul Noriega, a Texas RioGrande Legal Aid attorney specializing in industrial housing cases, said an eviction for non-payment of rent to a park operator could be tantamount to foreclosure because it could cost several thousand dollars to move a trailer.

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