“When the National Association of Realtors chief economist says there are more buyers than existing homes available on the market, that should be a huge signal to manufactured and modular home professionals,” said Stan Posey, sales manager at Sunshine Homes of Red Bay, AL. In a recent report spotlighted by […]
New NAR Report Points To Manufactured Housing Opportunities Read More
Every year for many years now, Darrell Boyd, Senior Vice President from Jacksonville, Florida based Triad Financial Services brings banks, credit unions, investors and other financial services professionals to the Louisville Manufactured Housing Show. The goal? To begin the process of introducing new capital to the market, or to reinforce
Fox News and most mainstream media sources are urging caution to professionals and others answering cell phones and landlines from incoming calls from an “unknown caller” or a phone number you may not recognize. The scam, as the two news videos below reveal, works like this. The caller will ask
Scam Alert! Professionals Warned Read More
First, a programming note. The new Featured Articles in the March issue of MHProNews will go live on the home page this weekend. Next… As you can read on the Masthead, in the wake of the death of my wife’s father Tuesday, the Manufactured Housing Institute’s (MHI) President and CEO,
WASHINGTON, D.C. – With over 81,100 manufactured homes built last year, more than 99.99 percent of all manufactured home buyers had service issues satisfied through normal channels provided by their home’s builder, retailer, community, or installer. Pamela Beck Danner, JD, is the federal administrator for the Department of Housing and
Federal Data Spotlights Manufactured Home Industry Quality, Regulatory Questions Read More
“The road to hell is paved with good intentions.” – American Maxim. “Why not half-a-million [new manufactured homes sold annually]? We can get there.” – Richard “Dick” Jennison, president and CEO, Manufactured Housing Institute (MHI). “James McGee and Chet Murphree said it very well on a video, it’s
Weaponized, Faked News Harms Manufactured Housing Homeowners, Professionals Read More
Is anyone “…eating this dog food?” – emailed comment to MHProNews about Marty Lavin’s topic. “We welcome outside oversight and criticism as it allows us to objectively evaluate our actions.” – Sam Landy, explaining UMH Properties perspective on media, public critiques. “Let’s fight bad information with good information,
Marty Lavin Lashes the Manufactured Housing Institute’s (MHI) Latest Initiative Read More
News/Analysis. The Duty to Serve (DTS) is widely seen as important for the future of manufactured housing financing by sellers, and for refinancing with personal property loans made more widely available for manufactured home consumers. The DTS issue is not without controversy, as commentary by M. Mark Weiss of MHARR
In a story that MHProNews covered first in manufactured housing, Jim Clayton, Founder and Chairman of Clayton Bank and Clayton Homes, confirmed the “merger” of Clayton Bank and Trust and American City Bank (collectively “Clayton Banks”) and FB Financial Corporation (NYSE: FBK), in a deal valued at $284.2 million. This
Jim Clayton Exclusive on Clayton Bank/FirstBank Merger to MHProNews Read More
In a release to MHProNews, Security Mortgage Group’s Managing Director, Gerard D. DiMarco, Jr. informs the manufactured housing industry’s Daily Business News that the firm has secured 30 million dollars in lending for new and existing clients. As regular readers of the Daily Business News know, Security Mortgage Group is a four-time
January Manufactured Home Community Loans, 30 Million Dollars by Security Mortgage Group Read More
MHProNews has been told by an informed source that an announcement for a change is coming with a manufactured housing industry connected lender. That announcement, our source says off-the-record, will be coming as soon as Monday. This comes on the heels of another announcement, that Clayton Bank could be acquired
MH Industry Lender, Change Pending Read More
Informed sources tell MHProNews.com that December 2016 industry production report “just came in.” The total new HUD Code manufactured home shipments for 2016 is 81,136. That compares to 70,544 in 2015. That represents the highest totals since 2009. A more detailed report will be planned for the Daily Business News,
2016 Manufactured Housing Production Totals are In Read More
The new February 2017 featured articles on MHProNews are scheduled to appear on the home page on or before 2.4.2017. Look for articles on finance, legal, communities, production, sales, image, marketing, inspiration, events, and other topics. As regular MHProNews readers know, the featured articles module appears below the Daily Business
February 2017 MHProNews, New Issue Schedule, Update Read More
“The manufactured homes chattel lending market poses challenges and risks for the enterprises” – FHFA statement in its request for comments on the Government Sponsored Enterprises (GSEs) Duty to Serve Manufactured Housing. “This is a great opportunity for consumers of affordable housing to have additional lending options…” – Cody
“An Elephant Ass,” Understanding GSEs, Duty to Serve, Manufactured Home Lending Read More
The publisher of The Journal of Manufactured and Modular Housing, Jim Visser, was honored at the 2017 Louisville Manufactured Housing Show with the framed ‘thank you’ document, shown in the photo at the left. Visser announced in late November 2016 that he will no longer be publishing the Journal after
Jim Visser Honored, the Journal of Manufactured Housing now History Read More
3D Virtual tours have become a next-generation standard in digital real estate marketing. So much so, that millions of conventional house, condo or townhouse buyers have come to expect them. “Considering the fact that new and ‘existing’ (pre-owned) site-built houses out-sell manufactured homes by millions of units annually,” said veteran
Sunshine Homes to Unveil Next Gen Tech for Home Shoppers at 2017 Louisville Show Read More
A new report notes that Skyline Homes is joining the ranks of those leading-the-charge in manufactured housing by providing a rich, multi-media shopping experience for new home seekers. The report on MHLivingNews cites research by Contactually and the National Association of Realtors – underscoring how Sunshine Homes, Clayton Homes and
Leading by Example in Digital Home Shopping Experience Read More
The Elkhart, Indiana based RV/MH Heritage Foundation (Foundation) board of directors of the have announced the names of those who will be inducted into the RV/MH Hall of Fame (Hall) as members of the Class of 2017. Foundation President Darryl Searer told MHProNews that “The Class of 2017 is historic
First Canadian to be Inducted in RV/MH Hall of Fame Class of 2017 Read More
Security Mortgage Group – a national award-winning MH Community lending broker – provided $40,853,000 in financing for several manufactured home communities nationwide, the Daily Business News has learned. Managing Director, Gerard D. DiMarco, Jr., secured financing for a portfolio of Manufactured Home Communities & Apartments – located in Newark, NY
Security Mortgage Group Finances $40,853,000 for Communities in a Week Read More
Continuing today, the Daily Business News manufactured housing industry connected market report on MHProNews will add and tweak some features, in an ongoing effort to provide ever more useful and balanced information to readers. “We Provide, You Decide.” © Noteworthy headlines on CNNMoney – Facebook ethics under fire after live torture video. Why
Deer Valley Leaping, UMH, UFPI, MHCV dip, Broader Market Profit Taking Read More
