Association leaders are telling MHProNews that there has been a notable ‘quiet’ during the first month of the implementation of the CFPB imposed Appraisal Rule on HPML loans. One association leader told us off the record that “I’ve had no reaction whatsoever, so I must assume everyone is coping.” Mary …
Appraisal Rule on HPML Manufactured Home Loans – 1 Month Impact? Read More
Just in time for your Sunday morning coffee and weekly industry news recap, the new August 2015 issue of new featured articles will be live on the MHProNews.com home page. As usual, timely reports by experts, industry-focused videos, interviews, financing with the new appraisal rule, proven business building tips and …
New Featured Articles on MHProNews.com go live by Sunday morning Read More
MHProNews wishes everyone a joyous 4th. For those manufactured housing professionals and enthusiasts who are looking for meaty news, thoughful MH reading or MH viewing, the new featured articles for the month of July are live on the home page. Or you can read the full line up of new …
“People have been laying bricks for about 6,000 years, and ever since the industrial revolution, they have tried to automate the bricklaying process.” So says inventor Mark Pivac to PerthNow DigitalTrends tells the MH Industry’s Daily Business News that a brick-laying robot has demonstrated how it can build a house in two days. FastBrick …
Robot Builds Brick House in Two Days – Will it Impact Manufactured Housing? Read More
“The manufactured housing industry’s professionals are racing to contort themselves into yet another new shape to fit their federal masters.” So sayeth a company official off-the-record to MHProNews, as the new Consumer Financial Protection Bureau (CFPB) appraisal rules hits home on July 18th, 2015. State associations and the Manufactured Housing …
The Greenback Boogie – CFPB’s Manufactured Housing Appraisal Rule hits July 18, 2015 Read More
Indianapolis, IN – Legacy says that Sylvia W. Silver passed away peacefully on June 27, 2015, at the Hooverwood Jewish Home, in Indianapolis, IN. She was 101. Sylvia was Born in Chicago, IL in 1913, to Austrian immigrants Herman and Rose Werner. Sylvia later married Leo Silver, and moved with …
Sylvia Silver, mother of Daily Business News writer Matthew Silver, dies at 101 Read More
The new July 2015 Featured Articles and Videos will go live in the home page of MHProNews.com under the two center Daily Business News modules the night of July 1, or by noon on July 2. Please check back for all the fireworks from the experts in their respective fields …
New July 2015 issue of MHProNews Featured Articles scheduled Read More
The Texas Manufactured Housing Association (TMHA) reminds MHProNews that the new appraisal disclosure rules go into effect on July 18, 2015. The rules apply to those homes that go beyond QM status limits set by the Consumer Financial Protection Bureau (CFPB) regulations. DataComp and NADA are going to be the …
Appraisal Rule Implementation Looms for HUD Code Manufactured Home sales Read More
As part of the ongoing mixed signals from the factory built housing market, the Manufactured Housing Institute’s (MHI) National Modular Housing Council (NMHC) reports that 2,763 new MODs were shipped during the first quarter of 2015 in the states where they track shipments. That is a 3.9% decline over the …
The markets took their biggest hit in about 2 years, as the crisis in Greece grows with the limiting of ATM withdrawals over the weekend, and bank closures today. Closer to home, Puerto Rico’s $72 billion dollar debt may also be at risk, per words spoken by their own governor. …
Greek Banks Closed, PR’s Gov says can’t pay debt, Dow Plunges and MHCV sheds 3½% Read More
Jon Johnson is a senior service technician who has years of experience with a number of property management firms in the multi-family housing industry. Inspector Tim Bunch has inspected literally thousands of houses over the years, including new construction, existing resales and manufactured homes. These two distinct video interviews each …
Experts Compare Manufactured Homes to Apartments and Conventional Houses Read More
Melonie Roberts of the Monett Times informs MHProNews of another incident of a troubling trend where local jurisdictions are attempting – perhaps out of ignorance – to regulate manufactured homes in a fashion apparently contrary to federal preemption. Pierce City, MO “Aldermen also approved an ordinance governing the age of …
Another Attempt by Locals to regulate Manufactured Homes may violate Federal Law Read More
Every week, the ‘history’ of modern manufactured and modular housing is passing before the eyes of our readers here. We cover some mainstream housing news too, when it ought to be of keen interest to those in some aspect of factory-built housing. Our web reports tell us there are those …
NASDAQ.com published the following on Friday about manufactured home community sector giant, Equity Lifestyle Properties (ELS). “In trading on Thursday, shares of Equity Lifestyle Properties Inc’s 6.75% Series C Shares (Symbol: ELS.PRC) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.6875), with shares changing hands …
Analysts Give Manufactured Home Community giant ELS Thumbs Up Read More
ELKHART, IN., June 25, 2015. Skyline Corporation (NYSE: SKY) announced their Board of Directors named Richard W. Florea as President and Chief Executive Officer and appointed him to the Board of Directors effective July 27, 2015. The company also stated that Bruce G. Page who previously was President, Chief Executive …
Marketwatch’s Michael Gayed asks; are investors living in the eye of the storm? “There are some things you learn best in calm, and some in storm.” – Willa Cather. Greece, domestic and other international matters have created a volatile mix for the market, but today there was relative calm. Meanwhile, …
Manufactured Housing Composite Value Rose, Tracked Stocks Closed Mixed Read More
San Jose, California – The closure of Buena Vista Mobile Home Park draws closer. Given the impact on 400 low income residents, Santa Clara County supervisors voted Tuesday to offer $6.5 million tied to a similar commitment from the city of Palo Alto, CA. “Time is of the essence,” said …
High Dollar Community Closure Looms for Buena Vista Mobile Home Park Read More
BLOOMINGTON — There is an emerging trend in various parts of the nation, where new manufactured home communities are being authorized by zoning officials and are being built. One of these examples is in Bloomington, IL, where the Pantagram’s Maria Nagle tells MHProNews that a site plan for a new …
Another New Manufactured Home Community Plan Advances Read More
Knoxville, TN – – Clayton Bank and Trust has been named the #1 Community Bank in the Nation by the ICBA Independent Banker, the award winning magazine of the Independent Bankers Association. The list published annually covers banks in the $1 Billion assets and Sub S category annually as the …
Clayton Bank named #1 Community Bank in the Nation by ICBA’s Independent Banker Read More
Due to an extended Inside MH Road Show, the prior week at the MHI Congress and Expo, pending special announcements and other factors, the new Featured Articles (FAs) on MHProNews are scheduled to go live by approximately 11 PM May 2nd. Until then, you’ll find recent articles on MHLivingNews.com, such …
New Featured Articles Scheduled to Go-Live by 11 PM May 2 Read More
