News Reports: Housing news updates and reports for Manufactured Home and Modular Housing Industry professionals and investors. Business – daily fact checks, market reports, and analysis.
MHProNews has been advised by sources that Vanderbilt Mortgage and Finance (VMF) has been testing a Zero Down Payment chattel lending program. Per those sources – one of which is involved in manufactured home industry lending – the loan program doesn’t require “land in lieu” of down payment. The assertion […]
Zero Down Payment – not Land in Lieu – Manufactured Home Chattel Lending Program Read More
The White House press room said in a release today to MHProNews that an infrastructure Executive Order will speed the permitting process on highways and other infrastructure. That video, some stills and more are below. Business wage boosting efforts are also part of our spotlight report, further below. The president
“The Central Government should be limited to basic functions. Defending the nation against foreign enemies, preserving order at home, mediating our disputes.” – Milton Freidman. The widely cherished First Amendment rights – especially to freedom of speech – is a hot topic on many fronts. “I believe that churches have
Freedom of Speech, Rep. Jim Renacci, Don Glisson, Jr. Triad Financial, and Dick Ernst Read More
“The inventory is reaching historic lows. It’s never declined faster than it did last month. It’s freaking us out — it’s affecting our business; it’s limiting our sales,” Glenn Kelman, CEO of Seattle-based Redfin, a real estate firm, told CBNC back in May. “We’re going to be fine in terms
Understanding the 5 Points of U.S. Housing Read More
Concerns over war with North Korea aren’t gone, but a variety of signals at home and abroad have calmed nervous investors. So for today’s spotlight, we’ll return to a the push for tax reform, 2017. If you’re new, already hooked on our new spotlight feature – or are ready to
War Jitters Return to Yawn, Market$ Roar Back, Tax Reform 2017 Updates in Two Videos Read More
The Department of Housing and Urban Development (HUD) has filled one more of their vacant positions this week, per HousingWire. On August 10, 2017 HUD announced that Anna Maria Farías had been confirmed by the U.S. Senate. She was sworn in by HUD Secretary, Dr. Ben Carson, as the Assistant
Additional HUD Position Confirmed Read More
“This agreement is a major milestone towards converting an unused stretch of land that represents Chicago’s industrial past into a vibrant community that will contribute to Chicago’s economic, cultural and recreational future,” Mayor Rahm Emanuel said in a press release to MHProNews. The Windy City’s mayor addressed the plan to build
Chicago – Massive Modular Project by European Operation Coming Read More
Not often is having almost $100 billion in cash on hand considered a problem, or a bad thing at all. But Warren Buffett, CEO of Berkshire Hathaway – parent to Clayton Homes and several other industry connected operations, a well-known name to industry professionals and Daily Business News regulars –
Warren Buffett’s Berkshire Hathaway Nears $100 Billion in Cash – What’s That REALLY Mean? Read More
Our new August issue will go live tonight, Aug 6th. Our featured articles will be available on the MHProNews.com home page. Our August theme will be available mid-week this week. To see the line-up of over 2-dozen featured articles for this month, along with the headline commentary, please click the link above.
The successful test of the hyperloop transit concept could lead to significant changes in U.S. housing patterns. Current transportation methods limit the distance that people can reasonably commute to get to work in urban or suburban settings. Higher density populations, along with urban sprawl, creates congestion on road ways. Various
Can the Hyperloop Benefit Manufactured Housing, Millions of Home Seekers? w/Videos Read More
“The Department of Housing and Urban Development (HUD) published on August 9 its Worst Case Housing Needs: 2017 Report to Congress, showing that 8.3 million unassisted very low income households in America spend more than half of their income on their housing, live in severely substandard housing, or both,” said
NLIHC CEO Responds on HUD’s Worst Case Housing Needs Report, MH Leader Reacts Read More
North Korean War talk continues to cast a shadow for some investors, see that report from yesterday, linked here. But some insiders say that Kim Jung un isn’t about to blow his billionaire lifestyle by actually doing what he threatens. Time will tell. Meanwhile, White House press memos to MHProNews
RHP Closes on 2 More Manufactured Home Communities, Mixed Market Update Read More
The talk about North Korea has investors taking profits. How real are those concerns? How well prepared is the U.S.? Expert video reports below are focused on that hot topic that is moving the markets. If you’re new, already hooked on our new spotlight feature – or are ready to
Market$ Tumble, Polls Reflect Fear, Related Video Reports, MH Market Updates Read More
The Arc of Dreams Sculpture is designed to recognize those who have made their dreams come true in Sioux Falls, South Dakota. One of the latest additions to the project is manufactured housing industry veteran, Ralph Scoular, founder of Iseman Mobile Homes back in 1958, KSFY tells MHProNews. Iseman Homes
Manufactured Home Pro Ralph Scoular honored in Arc of Dreams, Video Read More
Financing provided by large insurance companies is nothing new to the manufactured home community sector. Direct ownership of a property by an insurance firm – as has just occurred in the purchase by Northwestern Mutual Life Insurance Company – that’s an evolutionary development the industry is waking up to. The
Northwestern Mutual’s Big Buy into Manufactured Housing Read More
It’s anyone’s guess if voter ire and feedback during the August recess will help the GOP controlled Congress bridge their own internal gaps on pending promises, such as tax reform. But it may motivate professionals who vote if they better understood what was in the desired Trump plan. The video
Trump Tax Reform Plan Made Simple in 52 Second Video, What’s in it for You? Read More
News about big companies understandably draw a larger audience. Today’s market update featuring the Motley Fool’s report on Berkshire – with several details on Clayton Homes and its sister firms – will likely follow that pattern. If you’re new, already hooked on our new spotlight feature – or are ready
Debt ratios are a key element of what is needed to get qualified for a manufactured home, or other housing loans, as veteran industry professionals know. So rising revolving debt raises a warning flare. Credit card debts in the United States have reached an all-time high at $1.021 trillion. That
Report – Rising Debt, Will it Derail Housing Recovery? Read More
Pat Buchanan, like Senator Ron Johnson (R-WI), believes that the sabotage of the presidency is well underway. But the Washington Post says that Trump TV “sounds more like real propaganda.” “Kayleigh McEnany, who has been plying her trade as a pro-Trump pundit on CNN for a while, jumped ship to
Propaganda? Fighting Fire with Fire? Controversial Trump TV Debuts Read More
A group of 400 friends, family members, and industry professionals gathered Monday night, August 7, 2017, to celebrate the induction of the Class of 2017 into the RV/MH Hall of Fame. Hall President Darryl Searer kicked things off with his “Annual State of the Hall” address before the induction ceremony
Class of 2017 Inducted into the RV/MH Hall of Fame Read More
