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.
Senator Ted Cruz (R-TX) and Rep. John Ratcliffe (R-TX) put forth legislation on Tuesday to abolish the Consumer Financial Protection Bureau (CFPB). “This legislation would give Congress the opportunity to free consumers and small businesses from the CFPB’s regulatory blockades and financial activism, which stunt economic growth,” said Cruz. The […]
Proposed Death Blows to CFPB Put Forward Read More
Noteworthy headlines on – CNNMoney – Puzder withdraws as a labor secretary nominee. Trump: H&R Block will be unhappy with tax plan. Obamacare is in a “death spiral,” says Aetna CEO. What Warren Buffett bought and sold last quarter. Some bullets from Fox Business – Trump steals Janet Yellen’s thunder.
UFPI, Manufactured Housing CV Soar, Broader Markets On Record Streak Read More
Vesta Modular and Housing Solutions Inc., a portfolio company of Birmingham-based Simon Group Holdings, has purchased Salt Lake City-based M Space Holdings LLC out of bankruptcy for $15.3 million. In a story the Daily Business News originally covered last year, M Space filed for bankruptcy in May 2016, blaming the
Modular Company Purchased Out of Bankruptcy Read More
In North Attleboro, Massachusetts, residents who were initially concerned over a proposed manufactured home community, have changed their tune now that the developer has abandoned a controversial part of the project. According to The Sun Chronicle, residents were at odds with the developer of Westcott Estates, a manufactured home community
After Fight, MHC Gets Green Light Read More
The nation of Hungary is looking to container housing to solve a growing problem at border camps, as migrants wait for their asylum requests to be settled. According to FOX News, human rights advocates have noted that Hungary was already holding large numbers of asylum-seekers in closed camps and that
Nation Looks to Shipping Containers for Migrant Housing Read More
In the state of Nevada, the Department of Business and Industry presented a plan last week to combine the manufactured and state housing divisions. According to administrators, the move will improve efficiency and responsiveness to the public. “The merger would provide better service and open up resources for the agency,”
State Makes Move to Combine Housing Divisions Read More
Noteworthy headlines on – CNNMoney – Toshiba chairman steps down as company takes $6.3B hit from nuclear unit. Delta to own nearly half of Mexico’s biggest airline. Amazon’s delivery drones might use parachutes. Google cuts ties with YouTuber accused of anti-Semitism. Some bullets from Fox Business – Wall Street at
Deer Valley Soars, Manufactured Housing CV Down, Broader Markets Up Read More
After a strange four-year saga, a very unique prefab is finally getting a “home”. According to Curbed, Aluminaire House, the 1931 modernist home designed by Albert Frey and A. Lawrence Kocher, was the subject of a heated fight between Queens, New York preservationists and two architects several years ago. During that
Landmarkers send Aluminaire House Packing from NY to CA Read More
First State Manufactured Housing Association (FSMHA) tells MHProNews that applications for its four scholarship awards of up to $1,000 are due by 4:30 pm, Monday, March 6th. To qualify, candidates must be legal residents of Delaware and residents of a manufactured home for at least one year prior to the
Manufactured Home Resident Scholarships Due Read More
The Safe Haven Mobile Home Park in Iberia Parish, Louisiana, has a very interesting history. But, unlike most communities, this one has accomplished that feat without even being built. According to the Daily Iberian, before a permitting battle could begin, the Iberia Parish Council was eyeing its manufactured home community
Stopped Before They Can Start? MHC Develop Stalled Read More
In California, the San Francisco Bay Area is one of the most expensive places to live in the state. Some one-bedroom apartments in downtown San Francisco can start at $4000 per month. South of San Francisco, in the city of Sunnyvale, one of the last affordable housing havens in the
MHC Gets Reprieve – But for How Long? Read More
Noteworthy headlines on CNNMoney – Embattled WSJ editor defends paper’s Trump coverage. Verizon’s new plan: Consumers win, investors lose. Apple stock nears record high. Four Republican gripes about Obamacare analyzed. Some bullets from Fox Business – Justice Department Asks Seattle Judge to Defer Action on Trump Order. S&P 500 Tops
SKY, Cavco Up, Manufactured Housing CV, Broader Markets Rise Read More
In a story that we first covered last week, San Antonio Federal Credit Union (SACU)/CU Factory Built Lending (CUFBL)/Mountainside Financial tells MHProNews that they have changed their name to Credit Human Federal Credit Union. The change of name better reflects the credit union’s commitment to improving the lives of those
Industry Lender Announces Name Change Read More
In the Mohawk Valley of New York state, an ongoing battle between a manufactured home community and the town it’s in, one side landed what could be a knockout blow. According to the Times Telegram, Bill and Virginia Jaquish, owners of the Creekside Mobile Home Park in German Flatts have
Future Looks Bleak for MHC Read More
What’s the biggest factor driving site built property transitions? The answer may surprise you, but the opportunity for the manufactured housing industry won’t. According to National Mortgage News, research from the Mortgage Bankers Association’s Research Institute for Housing America (RIHA) shows that a homeowner’s equity position is one of the
Manufactured Housing – Hope for Ownership Versus Rentals? Read More
A new month means new-featured articles on the MHProNews.com home page. This month’s theme? Frank, Frustrations and Free Enterprise February in MHLand, 2017. To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, please click the link above. Manufactured, modular and prefabricated home
In a story that MHProNews covered first in manufactured housing, Jim Clayton, Founder and Chairman of Clayton Bank and Clayton Homes, confirmed the “merger” of Clayton Bank and Trust and American City Bank (collectively “Clayton Banks”) and FB Financial Corporation (NYSE: FBK), in a deal valued at $284.2 million. This
Jim Clayton Exclusive on Clayton Bank/FirstBank Merger to MHProNews Read More
The town of Faro in the Yukon Territory of Canada wants to move the factory-built homes from land it owns in order to develop a recreational vehicle park, much to the consternation of residents who assert some of their homes are too old to move, according to what cbc.ca tells
Canadian Town wants Factory-built Home Site for RVs Read More
The proposed expansion of a manufactured home community in Water Valley, Mississippi, appears to have hit a snag after a city meeting this week. According to the Oxford Eagle, city officials said that the city does not have the capacity to provide sewage for the entire project. In response to questions
MHC Community Expansion Faces Challenges – NIMBY? Read More
Noteworthy headlines on CNNMoney – Sears gets new lifeline and stock soars 50 percent. Ford just invested $1 billion in self-driving cars. Here’s why Amazon might buy a big retailer. Kellyanne Conway unrepentant for Ivanka Trump plug. Some bullets from Fox Business – Trump’s Economic Promises Drive Wall Street to
TCN, UFPI Up, Manufactured Housing CV, Broader Markets Rise Read More
