Home Foreclosures: 11.5.2 Limited Right to Cure Under Federal Law
Whether a manufactured home is considered realty or personalty, a right to cure the default which supplements or goes beyond state law is potentially available due to regulations of the federal Office of Thrift Supervision.281 Under these regulations, certain manufactured home creditors who want to take advantage of federal preemption of state interest rate ceilings must afford the consumer a right to cure.