MHProNews

FHAHomeLoanLimitsRaisedOver3000USCounties

Home Loan Limits Raised in Over 3,000 U.S. Counties

  The Federal Housing Administration (FHA) announced late today that loans limits for 2019 will be raised for most part of the nation.   As manufactured housing industry veterans know, qualifying placements can allow a HUD Code home, or a modular home, to be financed with FHA insurance on the …

Home Loan Limits Raised in Over 3,000 U.S. Counties Read More

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With Storm Clouds Over Cavco, Eyes on Legacy Housing (LEGH) IPO Today

  The timing of the Legacy Housing IPO is an interesting.   The firm is attracting attention on its own merits from investors and analysts, who – for example – note that the two principles will have some 57 percent of the stock. The solid growth track-record for Legacy (LEGH), …

With Storm Clouds Over Cavco, Eyes on Legacy Housing (LEGH) IPO Today Read More

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Joint HUD, White House Announcements Aim to Advance the American Dream

Press releases from both the Department of Housing and Urban Development (HUD) and the White House pressroom to the Daily Business News on MHProNews could be summed up with this goal in mind.   There is a need to revive, expand, and protect the American Dream for all. President Donald …

Joint HUD, White House Announcements Aim to Advance the American Dream Read More

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2020 Contender Presidential Julian Castro, Obama Era HUD Secretary Announces Exploratory Run

  The Associated Press (AP) is reporting that “Former Obama housing chief Julian Castro says he’s taking a step toward a possible White House campaign in 2020 by forming a presidential exploratory committee,” with an announced decision set for Jan. 12, 2019.   Castro is said to be the second …

2020 Contender Presidential Julian Castro, Obama Era HUD Secretary Announces Exploratory Run Read More

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Legal “Incoming” – Tip on Cavco Industries CVCO, plus Manufactured Housing Industry Connected Stock Updates

Yesterday, we posted an update on Cavco Industries.  Not long after, we received a news tip from a source with a legal insight on their SEC related woes.  That will be our market update, found further below, this evening.   If you’re new, already hooked on our new spotlight feature …

Legal “Incoming” – Tip on Cavco Industries CVCO, plus Manufactured Housing Industry Connected Stock Updates Read More

1TexasExperiencesShipmentDropFactRevealWarningSignsDailyBusinessNewsMHproNews

#1 Texas Among States with New HUD Code Sales, Experiences Shipment Drop, Facts Reveal Warning Signs

  During a widely acknowledged affordable housing crisis, industry professionals and investors should be asking – how is this possible? The chart below provided by an association member reveals that Texas – #1 among the states in new sales – took a drop in new HUD Code manufactured home shipments …

#1 Texas Among States with New HUD Code Sales, Experiences Shipment Drop, Facts Reveal Warning Signs Read More

Call for Nominations for the RV/MH Hall of Fame Class of 2019

ELKHART, Ind., — There are less than five months until the deadline for nominations for the RV/MH Hall or Fame’s Class of 2019.   Darryl Searer, Hall president, said, “The deadline for nominations for the Class of 2019 is October 31st, so we are encouraging all those who plan to …

Call for Nominations for the RV/MH Hall of Fame Class of 2019 Read More

Electric Eel Ecam ACE Pipeline Inspection Camera System Takes the Guesswork Out of Jobs

Quickly inspect and locate of a wide variety of pipeline problems while reducing cost by knowing exactly where the problem is before digging. The Ecam ACE takes the guesswork out of jobs. The ACE is compact and easy to use, and made from the same high quality, durable components you have …

Electric Eel Ecam ACE Pipeline Inspection Camera System Takes the Guesswork Out of Jobs Read More

Electric Eel Model C is the Original Dual Cable Sectional Drain & Sewer Cleaning Machine

The Model C cleans 3″ – 10″ diameter lines with up to 200 Ft. of 1-1/4″ self-feeding dual cable in 8 Ft. or 10 Ft. sections (that require no handling when rotating). This time tested machine spins cable at twice the RPM of a continuous cable machine for maximum cleaning power …

Electric Eel Model C is the Original Dual Cable Sectional Drain & Sewer Cleaning Machine Read More

Oxford Magazine Features Sunshine Homes, & CEO John Bostick

A recent article in Oxford Magazine featured the thoughtful gift of President and CEO John Bostick, who donated a manufactured home to The Pantry. “The Pantry has provided food for those who might need that extra bit of sustenance, and the countless volunteers who run and work at the facility …

Oxford Magazine Features Sunshine Homes, & CEO John Bostick Read More

Electric Eel Model D-5 Drain, Sewer Cleaning Machine for Manufactured Home Communities (a.k.a. Mobile Home Parks), Multi-Family, Professionals

The Model D-5 combines professional quality and affordability in a continuous cable drum machine for cleaning 3” – 10” diameter lines up to 100 ft. The high-density polyethylene drum and belt guard will not rust or dent and holds up to 100 ft. of 3/4” diameter Tri-Max cable, the toughest cable in …

Electric Eel Model D-5 Drain, Sewer Cleaning Machine for Manufactured Home Communities (a.k.a. Mobile Home Parks), Multi-Family, Professionals Read More

Nine-woman Board leads 430-home manufactured home community in record-breaking neighborhood purchase

Halifax, Mass. – Homeowners in Halifax Estates Mobile Home Park (www.halifaxestates.coop) have made history, closing on the largest-ever limited equity manufactured home cooperative purchase while helping secure the financial futures of the 700 retirement-age residents who live there. While the $27 million purchase is certainly a milestone in the cooperative …

Nine-woman Board leads 430-home manufactured home community in record-breaking neighborhood purchase Read More

Security Mortgage Group Provides Financing of $23,603,750 for Six Manufactured Home Communities

ROCHESTER, N.Y. – Security Mortgage Group, a national award-winning MH Community lending broker, is pleased to have financed $23,603,750 in May & June for several manufactured home communities nationwide. The most recent closings included the following: Managing Director, Gerard D. DiMarco, Jr., secured refinancing for a client’s 183-site mobile home …

Security Mortgage Group Provides Financing of $23,603,750 for Six Manufactured Home Communities Read More

Electric Eel – Your Complete Source for Drain & Sewer Cleaning from Drainlines to Mainlines!

Electric Eel Mfg. Co., Inc. is a family-owned company located in Springfield, Ohio. Established in 1939, Electric Eel produces a complete line of drain cleaning equipment at a recently expanded facility with a dedicated staff and factory personnel. Over the years Electric Eel’s product line has grown dramatically. Always known as the original producer of …

Electric Eel – Your Complete Source for Drain & Sewer Cleaning from Drainlines to Mainlines! Read More

Triad Financial Services Inc., Announces Formation of Triad Manufactured Home Risk Purchasing Group for Manufactured Home Dealers

Jacksonville, Fla. (April 21,2017) – Triad Financial Services, Inc (Triad) has been providing services to the manufactured home industry for over 50 years. During this time, Triad has incorporated various services to better assist those in the manufactured home industry. In 2016, Triad created a Risk Purchasing Group (RPG) in …

Triad Financial Services Inc., Announces Formation of Triad Manufactured Home Risk Purchasing Group for Manufactured Home Dealers Read More

Call for Nominations for the RV/MH Hall of Fame Class of 2018

ELKHART, Ind., — It’s still six months until the October 31, deadline for nominations for the RV/MH Hall of Fame Class of 2018, and Darryl Searer, president of the RV/MH Heritage Foundation (Foundation) wanted to remind those considering nominating someone that they should start working on their nomination.Searer said, “Even though …

Call for Nominations for the RV/MH Hall of Fame Class of 2018 Read More

SECURITY MORTGAGE GROUP Finances $78,632,000 in the First Quarter 2017

OCHESTER, N.Y. – Security Mortgage Group, a national award-winning MH Community lending broker, is pleased to have financed $78,632,000 thus far in 2017 for several manufactured home communities nationwide. The most recent March closings included the following: Managing Director, Gerard D. DiMarco, Jr., secured acquisition financing for two manufactured home …

SECURITY MORTGAGE GROUP Finances $78,632,000 in the First Quarter 2017 Read More

MHARR Appeals to HUD Secretary – Dr. Ben Carson – Allow Private Sector to Boost Homeownership, Save Taxpayers, by Enforcing Federal Law

“We’re going to be in the promise keeping business.” – Vice-President Mike Pence. “We’re going to enforce the law of this country.” – Then VP candidate, Gov. Mike Pence. “We’re going to enforce the law…” – President of the United States, Donald J. Trump. “Ben Carson has a brilliant mind and is passionate …

MHARR Appeals to HUD Secretary – Dr. Ben Carson – Allow Private Sector to Boost Homeownership, Save Taxpayers, by Enforcing Federal Law Read More

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