As midterms elections approach, the Mortgage Banker Association (MBA) is seizing the lobbying opportunity to fund Congressional campaigns; hoping to open more discussions to gain relief from the Consumer Financial Protection Bureau (CFPB) regulations currently in place in the U.S.. National Mortgage News told MHProNews that Dave Stevens, president and …
MBA’s Lobbying seeks to ease CFPB’s Mortgage Regulations Read More
For those who don’t recall Sam Zell’s comments on the high cost of cheap money and current economic policies, part of his expected day of reckoning may be here. Stock commentators say this correction is a good thing, as CNNMoney tells MHProNews that the last one like this was in …
Wholly owned SearchCore Inc. subsidiary Wisdom Homes announced sales of $351,500 generated by the sale of manufactured homes in Q3 2014. “This was a milestone quarter for the Company because it was our first quarter having our Tyler, Texas retail center fully operational. Inventory arrived in early August allowing us …
SearchCore’s Wisdom Homes of America announces Q3 2014 sales Read More
Congressmen Marlin Stutzman (R-3 IN) and Jackie Walorski (R-2nd IN) announced Thursday October 9th legislation they’ve introduced legislation aimed preventing recreational vehicles from being regulated as manufactured housing. Brian Francisco at the Fort Wayne Journal Gazette tells MHProNews that the RV industry is seeking to avoid “restrictive taxing, zoning and …
Florida Manufactured Housing Association (FMHA) President Cyndi King introduced the federal Housing and Urban Development (HUD) Manufactured Housing Program director – Pam Beck Danner, JD – to the FMHA’s packed 2014 annual meeting in Orlando on 10.8.2014. Danner described the busy 6 months she’s had at HUD, which included no …
HUD’s Pam Danner draws robust welcome during address at FMHA annual event Read More
Parkbridge Capital Group, LLC manager Lee Meekcoms, whose name is already well established in the real estate industry, led the closing of a $12,000,000 transaction between a private investor from Florida and Paradise Park in the McAllen-Pharr area of the Rio Grande Valley of Texas. Clearwater FL based Parkbridge specializes …
Global News tells MHProNews how her tiny house has changed Lydia Holden’s way of life. With just a little over 100 square feet to live in, the 24 year-old has found an affordable way to become a home-owner. Lydia paid “only” $30,000 for her 136 square foot home. The tiny …
Canadians Mini-Dwellings – Video Report – on north-of-the-border Tiny House Movement Read More
Hazmat suit stocks are rising fast on Ebola fears, but the Dow took its biggest dive of 2014, CNN Money tells MHProNews. China and Vietnam are reportedly more optimistic than the U.S., as economic and political concerns mingled with frets over the Fed reportedly moved investors into the nose dive. …
Hazmat stocks Spike on Ebola fears as Dow Plunges 335 Read More
In a move that should be monitored by Manufactured Housing (MH) Industry professionals; the Consumer Financial Protection Bureau (CFPB) has published in the Federal Register a proposed rule that could go into effect before the end of 2014, Jim Henry at Automotive News (AN) tells MHProNews. “The cost of compliance …
CFPB Plans Regulations of Auto Lenders, Leasing Contracts too Read More
Jon Talton at the Seattle Times shares his take on the housing affordability challenge with MHProNews that could be summed up with this quote: “In other words, housing is less affordable because most American workers are making less.” Talton notes that some areas on the West Coast have “crazy high …
Times’ Talton tells housing affordability woes with two tables Read More
For-the-record comments and ‘quotable-quotes’ continue to be sent to MHProNews in anticipation of the 5th Anniversary celebration in October. Here is a sneak peak at one of the growing number of kind comments already in hand. “Over the past 5 years, MHProNews and its family of websites has grown to …
The “Preeminent” Manufactured Housing Industry Professionals News Source Read More
The Manufactured Housing Institute (MHI) has announced the election of their new officers, which took place during their annual meeting at Scottsdale, AZ 9-15-2014. The executive committee officers are; Nathan Smith (SSK Communities), Chairman. Tim Williams (21st Mortgage), Vice Chairman. Howard Walker (ELS), Treasurer. Kevin Clayton (Clayton Homes), Secretary. …
Manufactured Housing Institute announces Executive Committee election results Read More
In anticipation of the 5th anniversary celebration of MHProNew’s service to the factory-built housing industry, Howard Walker, Vice-Chairman of Equity Lifestyle Properties (ELS), sent this message with his okay to quote: “The emergence of Tony Kovach’s group of publications has brought a new standard of professionalism to the industry. The …
“Is there an unwritten rule that every third MHCommunity has someone who hoards and/or has a bunch of cats?” quipped manufactured home industry consultant and publisher, L. A. “Tony” Kovach. The comment flowed from the discovery of dozens of cats seized from the Niagara Mobile Home Park in Newfane, NY. …
Hoarding along with dozens of cats found at home in MHC Read More
Wikipedia says: “Labor Day in the United States is a holiday celebrated on the first Monday in September. It is a celebration of the American labor movement and is dedicated to the social and economic achievements of workers. It constitutes a yearly national tribute to the contributions workers have made …
William “Bill” Steenberg died Sunday, August 24, 2014, in Ft. Myers Beach, Florida, after a short, courageous battle with cancer. His fiance Wendy was by his side when he passed away. Bill’s children, Julie, Shelly, and Jeffrey and his granddaughter, Miranda, visited a couple weeks earlier in Florida. Bill founded …
William ‘Bill’ Steenberg, Award winning Steenberg Homes founder, Passage Read More
The glow of investors and commentary for Equity LifeStyle Properties Inc. (NYSE:ELS) hit a peak as August drew to a close. ELS witnessed the stock hitting a record high on Friday. The stock traded as high as $45.81, up 39 cents from yesterday’s record closing price of $45.42. The Street, Trade-Ideas …
Equity LifeStyle’s stock hit record high as August ends Read More
Barry Roman is the co-founder of Reliant Asset Management, a provider of mancamps in ND, Texas, Canada and other high demand housing markets. Roman says his modular building company’s revenues rose 55,000 percent in three years, to just over $85 million. Inc Magazine named Reliant to their annual list of high …
INC names mancamp provider Reliant Asset Management 3rd fastest growing private business Read More
The Dow slipped, while other U.S. exchanges rose and most tracked stocks went up in advance of the Labor Day weekend. Dow 17,063.88 -15.69 (-0.09%). Nasdaq 4,572.95 +15.25 (+0.33%). S&P 500 1,999.93 +3.19 (+0.16%). Yahoo! Finance’s Manufactured Housing Composite Value: 831.1. Today’s Change: +0.12%. Affiliated Managers Group (AMG) $210.97 +0.69 …
Manufactured Housing Stocks Rising before Labor Day Weekend Read More
Following up on our previous report on Moscow, Idaho’s Syringa Mobile Home Park legal fracas, Latah County 2nd District Judge John R. Stegner has told attorney’s representing community owner Magar E. Magar and roughly 140 residents that the case is heading to trial to settle the claims and damages. Elizabeth …
Judge says MH class-action lawsuit heading for trial Read More
