; (B) originates not more than 20 residential mortgage loans or extensions of credit, where— (i) each such residential mortgage loan or extension of credit is secured by real property that (together with any improvements thereto) has a value of $200,000 or less (as calculated based on the principal amount of the loan or extension of credit and the amount of downpayment, if any); and (ii) at least one of such residential mortgage loans or extensions of credit is secured by real property that (together with any improvements thereto) has a value of more than $100,000 (as calculated based on the principal amount of the loan or extension of credit and the amount of downpayment, if any); (C) originates not more than 30 residential mortgage loans or extensions of credit, where each such residential mortgage loan or extension of credit is secured by real property that (together with any improvements thereto) has a value of $100,000 or less (as calculated based on principal amount of the loan or extension of credit and the amount of downpayment, if any); and (D) only originates residential mortgage loans or extensions of credit that are with respect to property that is owned by such person. (2) Manufactured home seller financers Any person (other than a depository institution) who, during any 12-month period— (A) originates not more than 30 loans or extensions of credit that are primarily for personal, family, or household use and that are secured by a security interest on a manufactured home (as defined under section 603 of the National Manufactured Housing Construction and Safety Standards Act of 1974); and (B) only originates residential mortgage loans or extensions of credit that are with respect to property that is owned by such person. . 4. Exception for seller financers in the definition of mortgage originator Subparagraph (E) of section 103(dd)(2) of the Truth in Lending Act ( 15 U.S.C. 1602(dd)(2) ) is amended— (1) by redesignating subparagraphs (F) and (G) as subparagraphs (G) and (H), respectively