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.
As the year draws to a close, the Consumer Finance Protection Bureau (CFPB) is taking action, and is also facing scrutiny. According to Mortgage Daily News, The CFPB has entered into a consent order with Moneytree to settle allegations that the company engaged in deceptive advertising, sent consumers deceptive collection letters, […]
CFPB Takes Action, Faces Additional Scrutiny Read More
In a press release and video, Richard Perkin expresses what he calls his dream. That dream is for a happier, more exciting, and more “conscious way of life” with no environmental impact. It sounds great, because he says he is quitting his full time engineering job, and then sold his
NoHA Engineer Claims Revolutionary Home Concept, But Key Details Are Missing Read More
The combination of strong winds, lack of water and a wheel bearing sparked blaze led to the loss of half of a manufactured home in Pilot Point, Texas on December 17th. Per the Herald Democrat, firefighters from nearby Tioga, Gunter, Collinsville and North Shore helped Pilot Point crews to fight
Wheel Bearing Blaze Chars Manufactured Home on Roadway Read More
Noteworthy headlines on CNNMoney – Berlin Christmas market attack: ISIS claims responsibility. Russian “methbot” fraud steals $180M in ads. Orlando victims sue Facebook, Google, Twitter. GM cutting 1,300 jobs at only plant inside Detroit. Some bullets from MarketWatch – The next target for the S&P 500 is 2,350. More signs
Skyline, Patrick Lead Manufactured Housing CV, Dow Closing in on 20,000 Read More
An O’Fallon, Illinois “mobile home” resident took a cold matter into their own hands. It didn’t end well. A resident’s effort to warm frozen pipes under his home resulted in a fire and smoke damage on December 18th. Per the Belleville News-Democrat, the home’s resident told officials that he was
Blowtorching A ‘Mobile Home?’ Bad Idea, Says Official Read More
Drew Industries Incorporated (NYSE: DW) has announced that its Board of Directors has approved changing the Company’s corporate name to “LCI Industries.” Through its wholly owned subsidiary Lippert Components, Inc. (LCI) and its subsidiaries, Drew Industries supplies a broad array of components for the leading OEMs of recreational vehicles (RVs)
Drew Industries Announces Big Change for Dec 30th, 2016 Read More
MHProNews and MHLivingNews Publisher L.A. “Tony” Kovach has penned an open letter to newly appointed Department of Housing and Urban Development (HUD) Secretary, Dr. Ben Carson. “Let me begin by congratulating you and President-elect Donald J. Trump. By way of introduction, like you, my truly better half and I publicly supported Mr.
The affordable housing crisis in the U.K. has presented challenges and opportunities. Two companies are making a significant move to solve those challenges and into the U.K. market. Beijing, China based China National Building Material Company (CNBM), an industrial company and Barcelona, Spain based Barcelona Housing Systems are joining forces
Chinese, Spanish Power Players Plan Prefab Factories Read More
Noteworthy headlines on CNNMoney – Trump’s big cabinet surprise. Minimum wage going up in 21 states, 22 cities. IMF head Christine Lagarde guilty of negligence. Half of U.S. workers aren’t using all their vacation days. Some bullets from MarketWatch – Treasury yields see largest daily drop since August as Russian
AMG lone slider – Sky, UMH Lead Manufactured Housing CV, Broader Markets up too Read More
While thoughts about the “ideal customer” for a prefab modular home may bring visions of sustainability and environmentally conscious young customers, Maura McCarthy of Blu Homes is seeing another segment of the population that’s helping to drive sales. Aging baby boomers. “These people are just beginning to retire,” McCarthy said
Prefab Making Dreams Come True – In a Hurry Read More
The Manufactured Housing Institute (MHI) has released a report, “Quick Facts Trends and Information About the Manufactured Housing Industry ” which includes key data and shows growth for the industry. The report cites that manufactured housing provides a practical, viable and affordable housing solution for residents across a wide range of
Manufactured Housing Industry Statistics and Fast Facts Reports 2007-2015 Read More
Rep. Mark Meadows (R-NC), the newly appointed chair of the House Freedom Caucus, presented President-elect Donald Trump with a special report entitled “First 100 Days: Rules, Regulations and Executive Orders to Examine, Revoke and Issue,” during a meeting on December 15th. Per the popular conservative news site Breitbart, with more than
Trump’s First 100 Days: House Freedom Caucus Plans, Some Could Impact Factory Builders Read More
LA-based design studio Marmol Radzinder recently shared images of their Las Vegas, Nevada prefab home completed in 2009. The home, on a hillside location overlooking the city, consists of 36 prefabricated steel frame modules, which were assembled off-site while concurrently the foundation work being done on-site. This combination cut the
Upscale Prefab Home Showcased in the Desert Read More
As December rolls on, a new set of featured articles are found on the MHProNews’ home page. Our theme for this month is: DAAD = Dramatic! Advent! Adventure! December 2016! To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, please click the link
“Way back in the 1940s, when Arizona’s population really took off, manufactured and mobile [sic] homes helped provide housing for new residents, and today there are still many developments of manufactured housing scattered throughout the state,” writes Rosie Romero, an Arizona based homebuilding and remodeling expert, in the Green Valley
Repairing Your Manufactured or Modular Home – Facts, Myths and Clarity Read More
“The HUD Code has de facto become a discrimination code,” attorney Marty Lavin told MHProNews some months ago. Lavin – an award-winning expert with decades of manufactured home lending, communities and retailing experience – was pointing to incidents like the one in the Meyersdale Borough Council, near Somerset, Pennsylvania. The council
Noteworthy headlines on CNNMoney – CEO who voted for Trump likes what he sees. Carrier neighbor shipping 300 jobs to Mexico. Boeing: 150,000 U.S. aviation jobs depend on China. Wells Fargo account openings dive 41 percent. Some bullets from MarketWatch – Stock gains evaporate after China seizes U.S. underwater drone.
Some manufactured home community residents and advocates in Oregon feel there’s a disconnect when it comes to enforcement of the law. “There are more than 1,000 manufactured home/mobile home communities in Oregon,” says Rita Loberger, a volunteer resident advocate for the Manufactured Housing/Oregon State Tenants Association. “Right now, it’s
Manufactured Home Owner or Community – Who’s Responsible? Read More
“In the business world, the rearview mirror is always clearer than the windshield.” – Warren Buffett. We begin our new, periodic Flashback Friday series with some pithy Rearview Mirror quotes and images, starting with the one above that the Sage of Omaha has long applied in discerning where to invest. Buffett is known
Warren Buffett’s Rear View Mirror & HUD Read More
Washington, D.C. – The Manufactured Housing Association for Regulatory Reform (MHARR) reports to MHProNews that after review of the Federal Housing Finance Agency (FHFA) release of its final rule to implement the “Duty to Serve Underserved Markets” (DTS) provision of the Housing and Economic Recovery Act of 2008 (HERA), the organization sees
MHARR: FHFA Final Duty to Serve Rule Continues to Fail Manufactured Home Buyers Read More
