Based in San Francisco, start-up Avava Systems designs tiny homes called Britespaces that can be built in four to six weeks. These are shipped flat-packed, and then they work with third-party construction crews to complete the build of the homes. This spring the company launched three models ranging in price …
According to indiancountrytodaymedianetwork, the 2015 Home Mortgage Disclosure Act reveals Quicken Loans of Michigan has replaced Wells Fargo Bank as the top lender to Native Americans with $283 million in lending. San Francisco-based Wells slipped to second place with $276 million in lending, while Mid America Mortgage of Addison, Texas …
Native Americans Rack up $1.7 Billion in Mortgages as of Aug. 11 Read More
While Sen. Elizabeth Warren(D-Mass.) sings the praises of the six-year-old Dodd-Frank Act, saying, “If a bank screws up, you have someone to call so you don’t get stuck with the bill,” in fact, consumers get stuck with the bill whether a bank makes mistakes or not. The American Action Forum, …
Dodd-Frank Inspired Regulations Harming the Poor at Bank and Check-out Counters Read More
The majority of residents at Creswell Court manufactured home community (MHC) in Creswell, Oregon received maintenance notices from management allegedly requiring them to remedy maintenance issues within 30 days or face possible eviction, according to calls kval in Eugene, Oregon says it has received from residents. Each of the reported …
Residents must Maintain their Homes or Possibly Face Eviction Read More
What’s New in public focused Manufactured HomeLivingNews.com Tiny Houses Owners face Big Legal Trouble? What’s New in Manufactured Housing Industry Professional News Financial Services Committee says Dodd-Frank is damaging. YES! Communities redistributes assets. Private enterprise ready to supply modular buildings to flooded LA. MHI, MHARR spar with DOE, as MHI …
Sunday Morning Recap-Manufactured Housing Industry News Aug. 14-Aug. 21, 2016 Read More
In response to the July 17 proposed rule on “Energy Conservation Standards for Manufactured Housing” from the Department of Energy (DOE), the Manufactured Housing Institute (MHI) sent a letter expressing concerns that the new rule would raise the price of manufactured homes. MHI also suggested the DOE “establish a clear …
MHI, MHARR, Leaked documents and DOE proposal, plus MHI on New Section 8 Vouchers Read More
While the White House continues to claim that regulations coming from Dodd-Frank are not having an negative effect on community banks, credit union leaders, community bankers and small business owners are saying quite the opposite, according to fsc.gop.press. A report from Bloomberg states mergers and acquisitions hit $18 billion last …
Financial Services Committee Slams Dodd-Frank as Damaging Read More
A new and used modular building supplier has low-cost private mobile shelter buildings ready for immediate delivery to Baton Rouge to help start the recovery process for those who have been displaced by the overwhelming flooding. Many of HSTL Modular buildings have been used as schools and administrative facilities and …
Private Enterprise Responds to Assisting Louisiana Flood Victims Read More
Pray’s Homes, longtime retailer of manufactured and modular homes in Belfast, Maine has changed hands as of July, 2016, according to waldo.soup. Charlie Pray, who bought the business in 2008 when the housing market was in a tailspin, managed to survive the Great Recession, and will stay on for a …
Schwab Charles Investment Management Inc. has upped its stake in manufactured home community (MHC) owner Equity LifeStyle Properties, Inc. (NYSE:ELS), buying 149,218 shares during the last quarter, increasing its holdings in ELS by 15.2%. The firm increased its investment by $25,243,000 to $90,756,000, as fidaily reports. Hedge Fund Cohen & …
Hedge Fund Investors Bustling over Equity LifeStyle Properties Read More
Santiago Villa manufactured home community was built in the 1960s as an affordable retirement community for those 55+ in Mountain View, Calif., long before the onset of Google, Microsoft and LinkedIn. Now, however, since management has allowed families to move in, senior residents see their community colonized by corporate employees. …
Manufactured Home Community Bordering Google Transforming into Tech Town Read More
Updating a post MHProNews published Aug. 17, 2016 about the flooding in Louisiana that has cost 12 lives and damaged some 40,000 homes resulting in 70,000 registrations for assistance, U. S. Rep. Cedric Richmond (D-LA) avows there will not be the red tape and bungled missteps that plagued residents in …
70,000 Claims for Assistance Filed Following Louisiana Flooding Read More
“It’s the Fed’s conundrum,” said Diane Swonk, CEO of DS Economics, per CNBC. “The markets are pricing in easing infinity. If they raise rates, they could destabilize the markets. If they don’t raise rates, they’re feeding a bubble. It’s a hard place to be in,” she said. Barclays’ chief U.S. …
Drew, Manufactured Housing CompValue and Dow rises – Is Fed Easing to Infinity? Read More
As labor activists promote the Fight for Fifteen, the push for a $15 an hour minimum wage would lead to the loss of nine million jobs as businesses scurry to find where to implement labor-saving technology, says , James Sherk in a Heritage Foundation brief as reported to hotair. Including …
$15 Hour Minimum Wage would Cost Nine Million Jobs Nationally Read More
Construction of a new manufactured home retailer location has begun in Leitchfield, Kentucky with the expectation of opening in 60 days if the weather holds. Exit 107 Homes is at exit 107 on the Wendell Ford Western Kentucky Parkway in the west central part of the state. Lauri and Jimmy …
New Manufactured Home Retailer Opening in Kentucky Read More
MHProNews has learned from constuctiondive that the median size of new U. S. single-family homes fell nearly three percent from Q1 2016 to Q2 2016, slipping from 2,465 sq ft to 2,392 sq ft. On a one-year moving average, however, median home size has actually risen 16 percent, according to …
Inventory of Entry-level Homes may finally be Rising Read More
The Sicamous District Council in southeastern British Columbia, Canada, has voted to allow manufactured homes (MH) in a single-family residential zoned area, as eaglevalleynews informs MHProNews. Concerns of neighbors that their property would be devalued by these MH that do not require a foundation or crawl space failed to convince …
Canadian City Allows Manufactured Homes in Area Zoned Single-family Residential Read More
In insider trading at Patrick Industries, Inc. (NASDAQ:PATK), Capital Partners L. P. Tontine, Director sold $1,781,470 worth of company shares at an average price of $61.43 on August 12th, and now holds $75,647,298 of stock per an SEC filing on Aug. 16, according to fidaily. Director Walter E. Wells owns …
Insiders Busy Trading Patrick Industries as it Joins S&P SmallCap 600 Read More
The Federal Emergency Management Agency (FEMA) will begin determining how it may address the thousands of people who have been flooded out of their homes, according to theadvocate. With 20 parishes having been included in the federal disaster declaration, 40,000 homes have been damaged in the rising tide of floodwaters …
FEMA’s Manufactured Home Units Likely Heading to Louisiana Read More
The Danielsville (GA) City Council voted to place a moratorium on any new or used manufactured homes (MH) moving into the city for the next 180 days. City Clerk Susan Payne said any existing manufactured homes and permits previously issued for the siting of an MH would not be affected. …
Northern Georgia Town Votes Moratorium on New Manufactured Home Sitings Read More
