Federal Criminal Defense Lawyers reports that Philip R. Lochmiller, Sr., has been convicted by a jury in Denver, Colorado’s Federal Court on charges of defrauding 400 people out of $30 million. Convicted of conspiracy, money laundering conspiracy, money laundering and mail fraud, Lochmiller engineered a Ponzi scheme using manufactured housing …
Jury Finds Philip Lochmiller, Sr., Guilty as Charged Read More
In a notice titled “Pressure Continues for Federal Sprinkler Standard”, the Manufactured Housing Association for Regulatory Reform (MHARR) reports the Manufactured Housing Consensus Committee’s telephone conference July 20 did not result in any voting. Discussion centered on the the federal sprinkler standard which is still before the Technical Structure and …
Newby Management has been appointed as receiver of Sterling Estates in Justice, IL. The nearly 800 site community has been part of Capital First Realty’s portfolio of land- lease communities. At Sterling and another Capital First Realty location, MB Financial Bank has notified occupants of dozens of homes of their …
Jason Boehlert at MHI has informed MHMSM.com that the complete final SAFE Act rule is about to be published. The rule will not officially be released in the Federal Register until tomorrow. Deborah Robertson of McGlinchey-Stafford is in the process of compiling a detailed analysis and interpretation of the final …
Following up on a series of stories we have done about rent control in Oceanside, California, LLCs, the last one being June 14, North County Times reports residents have nearly twice the signatures needed for repeal, or to have a referendum. City Council members who voted successfully to repeal the …
The Department of Housing and Urban Development (HUD) is speeding disaster relief to numerous counties in Montana and Vermont for people whose homes were damaged by the storms and flooding in April and May. The disaster declaration, announced by President Obama last week, permits the state to re-allocate federal resources …
The Times Leader reports the Kuttawa, Kentucky, City Council in northwestern Kentucky is updating its zoning ordinance concerning manufactured homes. State law prohibits banning manufactured homes from inside a city, but the city council zoning proposal is requiring homes to have either brick or masonry skirting around the bottom. Another …
The Manufactured Housing Association for Regulatory Reform (MHARR) says the Manufactured Housing Institute (MHI) has issued a new proposal regarding sprinkler systems in HUD (Housing and Urban Development) code homes that MHARR says leaves the liability door open. MHI’s new suggestion states that sprinklers are federally preempted, but sets up …
The ADA Herald in Ada, Ohio, says real estate tax bills have been mailed this week, and the last day to pay manufactured home tax in Hardin County without penalty is July 27. In 2000, the county began taxing manufactured homes at the same rate as real property. In a …
Bloomberg reports that a division of Deutsche Bank of Frankfort, Germany, sued dozens of former shareholders and brokers of Chicago’s Tribune Company, alleging Sam Zell’s leveraged buyout (LBO) and subsequent bankrupting of Tribune was fraudulent, and just a way for the shareholders to line their pockets with $8.5 billion. In …
MHI Week in Review continues urging contacts with members of Congress to make revisions to the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) that are of significant concern to the manufactured housing industry. These include: 1) high-cost mortgage triggers; 2) qualified mortgage criteria for small manufactured home loans; …
MHMSM has obtained the Notice of Dismissal in Case 10-45772 Doc 178 Filed 05/18/11 Sunset Village Limited Partnership. Sunset Village is a community owned by Capital First Realty, Inc. based in Chicago. The case was filed in the United States Bankruptcy Court, Northern District of Illinois, Eastern Division. Sources close …
In a follow-up to our story published May 2, the Daily News reports the Salisbury, Massachusetts, Town Council voted to ask the state legislature to amend the Chapter 40B housing law so factory-built homes that have not moved in 20 years can be counted towards the town’s inventory of affordable …
Town Wants to Include LLC Homes in Affordable Housing Inventory Read More
Following up on an article we published March 2, the Los Angeles Examiner reports the U.S. Supreme Court has confirmed the December 2010 Ninth Court of Appeals ruling that rent control in California’s Land Lease Communities is constitutional. In Guggenheim versus City of Goleta, Guggenheim argued that rent control constitutes …
HousingWire reports the three largest cities in Ohio – Cleveland, Cincinnati, and Columbus – accounted for 45,000 foreclosures since 2009. A national network of community organizations, National People’s Action (NPA), in a survey of foreclosed properties over a 27 month period, determined that each foreclosure in the Buckeye state brought …
Study Shows Ohio Cities Hit Hard by Housing Crisis Read More
Leagle reports Manufactured Housing Communities of Arizona, Inc. (MHCA), an organization representing community owners, is suing Gene Palma, the Director of the Arizona Department of Fire, Building and Life Safety. MHCA seeks to overturn a ruling requiring the owners of Cherokee Village MH and RV Park to reimburse home owners …
Arizona MH/RV Community Lawsuit Involves Wrangling Over Gas Lines Read More
Housing Wire reports that Fannie Mae and Freddie Mac have been ordered by the Federal Housing Finance Agency (FHFA) to synchronize their methods of dealing with delinquent mortgages, requiring the mortgage servicer to begin engaging the borrower as soon as they become delinquent. The foreclosure process cannot begin if both …
New Guidelines to Direct Fannie and Freddie Servicers Read More
Gazettenet reports from Northampton, Massachusetts, that a structure on the property of now former city councilwoman Angela Plassman may be in violation of the city’s building code. City Building Commissioner Louis Hasbrouck says if it is manufactured housing rather than a recreational vehicle, it would be in violation of the …
Alleged Manufactured Home May Be in Violation of Ordinances Read More
From Virginia, the Daily News-Register says the Page County Board of Supervisors has rejected an application from Century Luray LC to develop a 232-homesite manufactured housing community in Luray, VA. County attorney George Shanks said that the county code of 1989 did allow for manufactured housing communities in town, but …
Board of Supervisors Denies Application for MH Community Read More
Scribd reports that the Manufactured Housing Institute (MHI) filed an amicus curiae (friend of the court) brief in support of petitioners who are appealing a decision in federal court that denied their claim challenging a rent control ordinance in Goleta, California. Petitioners bought a factory-built community in Goleta and had …
