; (IV) has a fixed rate or an adjustable rate that is adjustable after 5 or more years, subject to reasonable annual and lifetime limitations on interest rate increases; and (V) meets any other criteria the Bureau may prescribe by rule; ; and (3) by inserting after subparagraph (E) the following: (F) does not include, with respect to a residential mortgage loan or extension of credit, a person or entity (including a corporation, partnership, proprietorship, association, cooperative, estate, or trust) if— (i) the loan or extension of credit is owner financed and is a consumer loan or extension of credit 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 (ii) each home described under clause (i) is owned by such a person or entity and serves as security for the loan or extension of credit, provided that such loan or extension of credit— (I) is not made by a person or entity that has manufactured the manufactured home; (II) is fully amortizing; (III) is with respect to a sale for which the owner determines in good faith and documents that the buyer has a reasonable ability to pay the owner; (IV) has a fixed rate or an adjustable rate that is adjustable after 5 or more years, subject to reasonable annual and lifetime limitations on interest rate increases; and (V) meets any other criteria the Bureau may prescribe by rule; . 5. Report on owner financing (a) Study The Secretary of Housing and Urban Development and the Secretary of the Treasury shall jointly carry out a study on— (1) the number of homes bought for under $150,000 or 60 percent of the median home value in a given community, whichever is lower, in the United States by utilizing owner financing; (2) the number of homes described under paragraph (1) financed by licensed mortgage brokers