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.
An early morning fire at the main office and workshop of a Baird Homes location in Seymour, Indiana this weekend caused major damage, but didn’t stop the company from moving forward. According to the Tribune, the blaze caused an estimated $250,000 damage, and firefighters spent two hours battling the fire. […]
Baird Homes Affected by Fire, Under Investigation Read More
MHProNews has learned that National Cooperative Bank (NBC) of Hillsboro, Ohio and MetLife have teamed with ROC USA and their ROC USA Capital arm, a U.S. Treasury-certified Community Development Financial Institution, to offer additional financing allowing manufactured home community residents to purchase the communities they live in. According to the
ROC USA, Bank, Announce Key Partnership Read More
It’s axiomatic. Today’s news becomes tomorrow’s history. Journalist Alan Barth wrote, “News is only the first rough draft of history.” As confirmation hearings and political campaigns often prove, history can in turn make news. Most have had the experience of saying or writing something yesterday, that proved awkward days, months — or years later.
India based IT services firm Infosys announced yesterday that they plan to hire 10,000 U.S. workers over the next two years and open up four additional technology centers, beginning in Indiana. According to Newsmax, the move comes at a time when Infosys, along with fellow Indian companies Tata Consultancy Services
Outsourcing and the U.S. Economy: Can Trump Muscle Save the Day? Read More
In Washington, state and local officials lauded the start of construction of two new modular buildings for the Greywolf Elementary School last week, which will house new classrooms for kindergarten through third grade students beginning next school year. According to the Peninsula Daily News, the structures will utilize cross-laminated timber
Modular Classroom Construction Under Way Read More
Noteworthy headlines on – CNNMoney – U.S. airlines collected $4.2 billion in baggage fees. Manhattan gets a new 332 area code — here’s why. GM makes it official: We’re leaving Venezuela. How France’s Le Pen is wooing the left wing. Some bullets from Fox Business – Can Trump and Putin work
Tricon, Patrick Jump, Manufactured Housing CV Dips, Broader Markets Rise Read More
In Chatham County, Georgia, a “voice of the viewer” report on a local TV station appears to have uncovered a bad actor. According to WSAV TV, their coverage of lingering storm damage that was causing safety concerns for residents of the Highland Woods Mobile Home Park led to a county
Bad Actor Ferreted Out? MHC Draws Media Attention Read More
One time vice president and member of the Board of Governors of the IMHA-RVIC, Gary “Mac”McClanahan, 77, passed away April 28, 2017. Active in the Capital City Manufactured Housing Chapter in Indianapolis, “Mac” was honored with the Citizen of the Year Award in 2009, and had recently devoted his efforts
Passages: Gary “Mac” McClanahan Read More
In Fayetteville, Arkansas, a manufactured home community is scheduled to see its sunset – and community officials say that it’s a disturbing trend that’s affecting affordable housing across the nation. According to NWA Online, the City Council approved a rezoning proposal from Dallas based real estate investors and developers Tait
MHC Rezoned, Affordable Housing Affected Read More
As the Washington, D.C. Climate March took place this past weekend; a new report from Climate Depot may be like a proverbial rain on their parade. According to the report, the federal government has just released another key piece of scientific data, one that counters claims of man-made global warming. The data,
Is Extreme Weather Declining, Rising? Climate Depot Report, Housing Windstorm Safety Redux Read More
In a story that the Daily Business News originally covered last October, the Sechelt, British Columbia council has given second and third readings to a proposed community plan and zoning amendments for expansion of the Big Maple Mobile Home Park. According to the Coast Reporter, developer Chapman Creek Holdings Ltd.
MHC Expansion Proposal Makes Progress Read More
Noteworthy headlines on – CNNMoney – Fox News co-president Bill Shine out. Saudis take control of America’s biggest refinery. What GOP health bill says about pre-existing conditions. Apple probably has a quarter of a trillion in cash. Some bullets from Fox Business – Mnuchin insists sanctions work as North Korea
Patrick, LCI Jump, Manufactured Housing CV Down, Broader Markets Mixed Read More
The Manufactured Housing Association for Regulatory Reform (MHARR) has released its latest Washington Update, an exclusive report and analysis that addresses key issues with the U.S. Department of Housing and Urban Development (HUD). Covered in this MHARR report: HUD Installation Power Grab Intensifies MHARR To FHFA: Stop GSEs’ Discrimination
MHARR on Tariffs, DOE, and, Federalized Installation – Exclusive Report and Analysis Read More
South of Boston in Kingston, Massachusetts, residents of the Town & Country Estates had a busy day last week. They bought their community. According to Wicked Kingston, the residents, with help from (ROC USA) and its affiliate Cooperative Development Institute (CDI), residents of the community were able to realize a
Residents Win the Day: “We Are the Landlord” Read More
As industry professionals are already aware, the CFPB has restricted high cost and other loans on manufactured homes. In recent weeks, prior to the close of filings, MHProNews asked the Manufactured Housing Institute (MHI) if they would be filing an amicus brief in the closely followed PHH vs. CFPB case.
Could MHI Have Helped Kill CFPB? Another Opportunity Missed? MH Lending, Legal Report Read More
Beginning with RC Williams hot new exclusive this morning on the behind-the-scenes developments in the nation’s capital regarding manufactured housing lending, Magnificent May will continue the MHProNews tradition of independent reports that bring you the facts professionals and investors need to navigate the industry’s shifting – and at times, politically
Magnificent May – New Reports, Announcements, and Schedule Read More
As we wrap up the month of April, our theme: Manufactured Housing Industry Politics – Complicated Cross Currents, or April Fools? and our featured articles are still available on the MHProNews.com home page. Our May theme will be available beginning the 1st week of the month. To see the line-up of over
In a story that the Daily Business News has been following extensively, the saga of the East End Mobile Home Park in Manassas, Virginia has shown signs of hope. But, the very residents that have fought to stay, may actually put themselves in a position to not be able to
As the Community Turns… are Residents Hurting Themselves? Read More
The slog of “sausage making” in Congress was a contributing factor in the April Consumer Confidence Index, as it ticked down in April, but consumer outlook for the next six months remains positive. According to CNBC, the Index dropped to 120.3 in April, while economists were expecting the index to
Consumer Confidence Index Report in for April Read More
Noteworthy headlines on – CNNMoney – Google launches servers in Cuba. 21,000 AT&T Wireless workers could strike Monday. Exxon profits surge 122 percent, ending two-year slump. A third of Starbucks sales were made online or via app. Some bullets from Fox Business – Trump Saves NAFTA for now, U.S. borderland
Carlyle and Killam Leap, Manufactured Housing CV, Broader Markets End Week Lower Read More
