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.
After months of blistering media attacks, innuendo, protests, and allegations that have turned up no evidence, President Donald J. Trump, has neither resigned nor faced impeachment. In fact, while polling is fairly low, it is higher – per the Real Clear Politics average – than President Bill Clinton had at […]
“Following five consecutive years of robust growth and the development of an impressive customer base throughout North America, Northpoint Commercial Finance has recently announced that they are to be acquired by LBC Capital, a subsidiary of Laurentian Bank of Canada,” the company tells MHProNews. “The transaction is expected to close
Northpoint’s nearly 900 Million Portfolio Being Acquired by Canadian Laurentian Bank Read More
Bullet headlines from CNN Money: · U.S. and Mexico dodge trade war over sugar. · U.S. has record 6 million job openings. · Betsy DeVos: Student loan debt is ‘of grave concern’. · Oil lobby met with interior secretary at Trump hotel. · Anthem pulls out of Obamacare in Ohio
Community Stocks Taking Hits, Patrick, LCI Roar, MHCV Slides Read More
You may agree or disagree with CNN’s clearly slanted coverage of President Trump, as even Harvard’s recent media study reported. But one must give credit where it’s due. CNN gave solid coverage recently on the growing factory-built home movement. They even got (most) of the facts and nomenclature right. What
Pouring Gas on PreFab Fire, CNN Report Spotlighted Read More
Bryan Crump, owner of Cedar Creek Homes in Columbia Missouri, is making plans to relocate his business to the 4900 block of North Baltimore street in Kirksville, MO. Crump’s development and site plan for the lot will be considered by the Kirksville Planning and Zoning Commission at its June 14
Manufactured Modular Home Business Plans New Location Read More
Over the years, one of the most persistent thorns in the side of manufactured housing is the topic of tornadoes. In numerous meetings with dozens to 100 plus industry veterans in the room, L. A. ‘Tony’ Kovach has asked industry attendees this simple question. “How many of you believe that
Bullet headlines from MarketWatch: Why global oil production looks set to grow in 2018, despite OPEC-led output cut. Stock market closes lower as geopolitics hamper equity benchmark’s record run. Harley-Davidson is recalling 57,000 motorcycles. Apple downgraded as analysts say investors dazzled by iPhone 8 aren’t pricing in enough risk. Bullet
Nationwide Fund Cuts ELS, Killam and Skyline Lead Movers, MHCV Dips Read More
Washington, D.C. The Manufactured Housing Association for Regulatory Reform (MHARR) reports that according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), year-over-year manufactured housing industry production increased again during April, 2017. The association tells the Daily Business News that just-released statistics indicate
Manufactured Housing Industry New Home Production, Shipments Report for April 2017 Read More
Anyone who has moved into a new residence knows the hassles that it can bring. Srikanth Iyer, a Bengaluru India entrepreneur, decided after his own move to simplify the moving process for others. He established HomeLane, dubbed a “modular home” design company, but this isn’t modular in the sense that
HomeLane – Lessons for Americans from Indian Modular Company? Read More
“You would never see the NAHB, or another national trade association do,” something like that… – Titus Dare, SVP, Eagle One Financial “Hypocrisy!” – Frank Rolfe, MHU, MHP Fund, and MHI Member Washington, D.C. Regulatory, lobbying and several Department of Justice (DOJ) activities are often centered or take place
Department of Justice, Anti-Trust, and Manufactured Housing Institute (MHI) Read More
The New June articles on the MHProNews.com home page went live last night. Other new articles will be going live during the next 48 hours, so make sure you check back. If you’ve been on vacation, or are new to the Daily Business News on MHProNews, welcome to our weekly
Yesterday, the Daily Business News noted the sad reality that well over a dozen states are struggling with low, flat, or negative new manufactured home shipment rates. The obvious reverse side of that story is that many are rising, and some states are experiencing above average new home shipment growth
New Production Center Opening; While Some States Struggle, Others Roll On Read More
Bullets from CNNMoney – Is the unemployment rate too low? 400 coal mining jobs created in May. The bond market is nervous about jobs. Malls are doomed: 25% will be gone in 5 years Updates per Fox Business – Tech leads Wall St higher. U.S. stocks closed at record levels
Robotti Dumps Cavco Shares, Still Rises; Sky, UMH Surge with Markets Read More
People – sadly, often including those in media – may lie, mislead, or spin. The great thing about numbers is that they simply are. Facts still matter. A high-ranking official at ELS told MHProNews that they believed in getting the word out; bad news, get it out. Good news, get
While dozens of states are advancing in manufactured housing shipments, well over a dozen are experiencing low, flat or ‘negative’ new home sales growth. It is one of the under-told stories about the industry today, that fact has been confirmed by the Daily Business News with several state association executives
While Manufactured Housing Overall Rises, Some Slip Sliding Away Read More
As the Ohio Manufactured Homes Association (OMHA) wages a battle in the state capital for manufactured home owners, residents of a community in Fairborn face an uncertain future. According to WDTN, residents of the Glen Acres Mobile Home Park have been notified that they need to find a new place
Challenges Loom for Ohio MHC Residents Read More
In the state of Vermont, a critical utility is working to make life easier for manufactured home owners to save money. According to Vermont Biz, Vermont Gas is now making it easier for homeowners to save money and reduce their energy needs with their new Manufactured Home Pilot Program. The
Manufactured Home Owners Can Save Big Read More
Noteworthy headlines on – CNNMoney – Trump on Paris accord: We’re getting out. Dow races to new record. Walmart workers are making deliveries on their way home. Uber is losing billions: Here’s why investors don’t care. Some bullets from Fox Business– Private sector job growth “rip-roaring” in May: ADP. Wall
UMH’s New Acquisition, AMG’s Huge Gain, Broader Markets Hit New Records Read More
The monthly private payroll jobs report from ADP and Moody’s Analytics was released today, and it appears that President Donald Trump’s “America First” plans are taking shape. According to CNBC, job creation surged in May thanks to a jump in construction positions and a boom in professional and business services,
ADP Jobs Report for May Released Read More
In a saga that the Daily Business News has followed closely, the battle in Ohio to keep the Ohio Manufactured Homes Commission (OMHC) alive and independent has drawn a well-known name into the fray… but, are they the pot calling the kettle black? The saga began when the Ohio Fire
Liar! MHI report calls Gov. John Kasich, Allies Liars Read More
