Manufactured and Modular Housing News

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.

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MHARR to FHFA: Duty to Serve Requires Material and Expedited Support for MH Chattel Loans

By / / Advocacy, Affordable Housing, Announcements, Association, Election, Manufactured and Modular Housing News, Manufactured Homes, Manufactured Housing Industry, People, Politics, regulation

Washington, D.C., February 9, 2017 – The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews that, at a Federal Housing Finance Agency (FHFA) “listening session” in Washington, D.C. on February 8, 2017, President and CEO Mark Weiss reiterated and underscored previous remarks by MHARR representatives. Weiss asserted that the […]

MHARR to FHFA: Duty to Serve Requires Material and Expedited Support for MH Chattel Loans Read More

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NAHB Commentary On Dodd-Frank Rollback

By / / Affordable Housing, Association, Business, Communities, Economy, Election, Manufactured and Modular Housing News, Manufactured Housing Industry, People, Politics, regulation, Small Business

The National Association of Home Builders (NAHB) has expressed support of President Donald Trump’s actions to roll back the Dodd-Frank Act. As Daily Business News readers are aware, President Trump signed an Executive Order to begin the rollback process that will direct the Treasury secretary to review the 2010 Dodd-Frank

NAHB Commentary On Dodd-Frank Rollback Read More

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LPX, Patrick Soar, Manufactured Housing CV Rises

By / / Business, Manufactured and Modular Housing News, Manufactured Housing Industry, Stocks

Noteworthy headlines on CNNMoney – GOP declares all-out war on Elizabeth Warren’s agency. Wells Fargo poised to wipe out CEO’s bonus. Mexican farmer’s daughter: NAFTA destroyed us. Anthem to appeal judge’s order blocking Cigna merger. Some bullets from Fox Business – Stocks hit record high after Trump says tax plan

LPX, Patrick Soar, Manufactured Housing CV Rises Read More

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LCI Industries Reports Q4, Year End Earnings

By / / Announcements, Business, Company News, Economy, Manufactured and Modular Housing News, Manufactured Housing Industry, People, RV, Stocks

LCI Industries (NYSE: LCII), formerly Drew Industries, reported earnings for Q4 2016 and year-end today. Consolidated net sales in the fourth quarter of 2016 were $403 million, 21 percent higher than Q4 2015 net sales of $334 million. Net income was $26.3 million, or $1.05 per diluted share, for the

LCI Industries Reports Q4, Year End Earnings Read More

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Legal and General Reveals Secret for Modular, Prefab Lending

By / / Affordable Housing, Association, Business, Company News, Economy, Manufactured and Modular Housing News, Manufactured Housing Industry, Modular, Modular and PreFab Housing Industry, People, regulation, Trends

The survey arm of insurance giant Legal & General believes it has the answer for bringing the mortgage market on board with prefab and modular home lending. “An industry-wide guarantee would help bring everyone to the market but, of course, their appetites will differ according to the requirements of their

Legal and General Reveals Secret for Modular, Prefab Lending Read More

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Economic Confidence Index Hits New High – the Trump Effect?

By / / Analysis, Announcements, Business, Economy, Election, Manufactured and Modular Housing News, Manufactured Housing Industry, People, Politics, regulation, research, Small Business, Stocks, Trends

It appears that Americans saw the election of Donald Trump as good reason to be optimistic. According to Newsmax, confidence in the U.S. economy soared to record highs at the time President Donald Trump officially entered the White House, as optimism was higher in January than in any other month

Economic Confidence Index Hits New High – the Trump Effect? Read More

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Louisiana-Pacific Corp. Reports Q4 Earnings

By / / Announcements, Business, Company News, Manufactured and Modular Housing News, Manufactured Housing Industry, Stocks

Louisiana-Pacific Corporation (NYSE: LPX) reported results for the fourth quarter and year ending December 31, 2016 today. Total net sales for the fourth quarter totaled $550 million, 19 percent higher than the same quarter one year ago. Total net sales for the year were $2.2 billion, 18 percent higher than

Louisiana-Pacific Corp. Reports Q4 Earnings Read More

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LPX, LCI, Manufactured Housing CV Rise, Broader Markets Mixed

By / / Business, Manufactured and Modular Housing News, Manufactured Housing Industry, Stocks

Noteworthy headlines on CNNMoney – Intel touts $7B factory investment in Trump meeting. U.S. stocks’ rate streak: 81 days without a 1 percent dive. Netflix wants to get into the toy business. Is Sears toast? Retailer’s stock hits all-time low. Some bullets from Fox Business – Dr. Alveda King: Sen.

LPX, LCI, Manufactured Housing CV Rise, Broader Markets Mixed Read More

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Housing Association Opens Modular Factory

By / / Affordable Housing, Announcements, Business, Development, Manufactured and Modular Housing News, Manufactured Housing Industry, Modular, Modular and PreFab Housing Industry, Trends

The U.K. based Swan Housing Association is set to open its new 75,000 square foot factory in the borough of Basildon, about 32 miles east of London. According to Inside Housing UK, the new facility is part of a larger plan by Swan to invest £100M ($124M USD) into regenerating

Housing Association Opens Modular Factory Read More

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Decisions in CFPB Appeal

By / / Announcements, Business, Election, Manufactured and Modular Housing News, Manufactured Homes, Manufactured Housing Industry, People, Politics, regulation

A major blow was delivered to those who were working to defend the Consumer Financial Protection Bureau (CFPB) last week, when a federal appeals court denied their motions. According to Pay Before, the same three-judge panel of the U.S. Court of Appeals for the D.C. Circuit that determined the CFPB

Decisions in CFPB Appeal Read More

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MHC Residents Hear Proposal for Superstorm Sandy Relief

By / / Affordable Housing, Communities, disaster, Manufactured and Modular Housing News, Manufactured Home Communities, Manufactured Housing Industry, People, Zoning

For the residents of Ba Mar Manufactured Home Community in Stony Point, New York, Superstorm Sandy is still fresh in their minds from the damage it inflicted in 2012. On January 26th, residents packed Stony Point Center to learn about what options would be available to them through the Governor’s

MHC Residents Hear Proposal for Superstorm Sandy Relief Read More

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Modular Builder Acquires Retailer, Misconceptions Corrected

By / / Announcements, Business, Company News, Factory-Built Homes, ignorance, Manufactured and Modular Housing News, Manufactured Homes, Manufactured Housing Industry, mobile home, Modular, Modular and PreFab Housing Industry, People, regulation

Silverpoint Homes, a West Virginia-based company that specializes in the sale and construction of modular houses, is the new owner of the former Nationwide Homes of the Triad in Whitsett, North Carolina. According to Triad Business Journal, this is the second location for Silverpoint Homes in the state, with the

Modular Builder Acquires Retailer, Misconceptions Corrected Read More

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Cavco Soars, Manufactured Housing CV, Broader Markets Rebound

By / / Business, Manufactured and Modular Housing News, Manufactured Housing Industry, Stocks

Noteworthy headlines on CNNMoney – U.S. airlines want Trump to take on Gulf rivals. U.S. autoworkers score record bonuses. Debate Night: Sanders vs. Cruz on CNN. GM sells 10M cars for first time thanks to China. Some bullets from Fox Business – U.S. Senate moves Jeff Sessions toward confirmation as

Cavco Soars, Manufactured Housing CV, Broader Markets Rebound Read More

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Do You Uhü? New Modular Design Tackles Housing Challenges

By / / Affordable Housing, Manufactured and Modular Housing News, Modular, Modular and PreFab Housing Industry, People, Politics, Trends

In Boston, Massachusetts, as with many other cities around the world, housing demand is off the charts. According to Progrss, the case in Boston has compelled the city, along with the Mayor’s Housing Innovation Lab, Livelight and BSA Space to commission the design of a modular micro house called the

Do You Uhü? New Modular Design Tackles Housing Challenges Read More

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MHC Community Owners Seek Code Changes

By / / Advocacy, Affordable Housing, Business, Communities, Economy, Manufactured and Modular Housing News, Manufactured Home Communities, Manufactured Housing Industry, People, regulation

In Bismarck, North Dakota, affordable housing is of vital importance. And, according to the Bismarck Tribune, a group of manufactured home community owners are petitioning the city commission for the creation of a task force to keep manufactured home community living affordable.   “These homes represent the most affordable unsubsidized

MHC Community Owners Seek Code Changes Read More

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Residents Hope for More Time to Vacate MHC

By / / Advocacy, Affordable Housing, Communities, Manufactured and Modular Housing News, Manufactured Housing Industry, People, regulation

For residents of the East End Mobile Home Park in Manassas, Virginia, hopes for an extension on an order to vacate are hanging in the balance. In a story that the Daily Business News has followed from the beginning, and through resident requests for a lifeline, Manassas city officials have

Residents Hope for More Time to Vacate MHC Read More

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Bad Actor? MHC Residents Given 48 Hours Notice to Vacate

By / / Affordable Housing, Communities, Manufactured and Modular Housing News, Manufactured Housing Industry, mobile home, People, regulation

A visit to a manufactured home community in Chapmanville, West Virginia, by the Logan County Health Department quickly turned into a crisis. Community landlord George Evans told residents of the Caroline Estates Mobile Home Park on January 29th that they needed to be out of the community by January 31st

Bad Actor? MHC Residents Given 48 Hours Notice to Vacate Read More

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Tricon, Sun Up, Manufactured Housing CV, Broader Markets Down

By / / Business, Manufactured and Modular Housing News, Manufactured Housing Industry, Stocks

Noteworthy headlines on CNNMoney – More than 111 million people watched Super Bowl LI. Trump gives America’s “poorest white town” hope. Why investors are very afraid of Marine Le Pen. Qatar Airways sets record for world’s longest flight. Some bullets from Fox Business – Trump talks immigration, NATO at MacDill

Tricon, Sun Up, Manufactured Housing CV, Broader Markets Down Read More

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HUD Code Manufactured Home Production Continues Growth, December Report

By / / Advocacy, Analysis, Announcements, Association, Manufactured and Modular Housing News, Manufactured Homes, Manufactured Housing Industry, regulation

Washington, D.C., February 6, 2017 – The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews that, per official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), year-over-year manufactured housing industry production increased substantially again during December 2016. These just-released statistics indicate that HUD

HUD Code Manufactured Home Production Continues Growth, December Report Read More

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MHC Residents Triumph With Co-Op and Purchase

By / / Affordable Housing, Announcements, Association, Business, Communities, Manufactured and Modular Housing News, Manufactured Home Community Commercial Financing, Manufactured Homes, Manufactured Housing Industry, People, regulation, Trends

For manufactured home community residents in Dover Point, New Hampshire, Christmas came early. According to Co-Operative News, those residents created the Dover Point Cooperative, elected a board, and engaged the Resident Owned Communities team (ROC) at the New Hampshire Community Loan Fund (NHCLF) to guide them through the $3.125 million

MHC Residents Triumph With Co-Op and Purchase Read More

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