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.
Noteworthy headlines on CNNMoney – Top network execs, anchors meet with Trump. Feds “tightening straitjacket” around Wells Fargo. Chicago O’Hare airport workers to strike November 29th. The New York Times announces new general counsel. Some bullets from MarketWatch – Dow, S&P 500, Nasdaq surge to record highs. Oil at 3-week […]
Manufactured Housing CV, Broader Markets Finish at Record High Read More
For Trentham, New Zealand-based Matrix Homes, they believe the answer is yes. According to Voxy, Matrix Homes is about to enter the high-rise market offering steel frame modular construction for hotels and apartment buildings. This follows the signing of an agreement to partner with Alto Australia, a company with 30
Multi-Story Modular – The Answer to Rising Costs? Read More
New data from the U.S. Census Bureau shows that new home construction increased significantly in October. Privately owned housing starts were up 25.5 percent for the month, beating the revised estimate of 1.05 to 1.32 million in September. The number is also up 23.3 percent when compared year on year.
Housing Starts See Biggest Gains in Ten Years Read More
Triad Financial Services, Inc. (Triad) today announced loan origination data for the first 9 months of 2016. A total of 5,684 loans have been funded by Triad for the 9 months ending 9/30/16, a 35 percent increase over the same period in 2015. “I am very proud of the entire
Triad Financial Services Announces Record Loan Origination Volume Read More
We continue with our thought-provoking theme for the month: Entrepreneurs November in MHVille 2016. That link will take you to all of the featured articles and interviews this month. Manufactured, modular and prefabricated home professionals know that how a home got to its location should not define a person or their dwelling.
The goal of the incoming Trump administration with regard to Dodd-Frank has been made clear. “To dismantle the Dodd-Frank Act and replace it with new policies to encourage economic growth and job creation.” President-elect Donald Trump pledged throughout his campaign to get rid of what he called “stifling regulations.” According
Dodd-Frank, CFPB Deep in Trump Administration Cross Hairs Read More
Noteworthy headlines on CNNMoney – Small-cap stocks are on fire since Trump win. Chicago O’Hare airport workers plan Thanksgiving strike. Change is coming to McDonald’s. Trump to remake board that rejected his hotel. Some bullets from MarketWatch – Global bonds just endured their worst selloff in more than 13 years.
Skyline, Cavco Lead Up Day for the Manufactured Housing CV, Broader Markets Down Read More
In South Carolina, it’s manufactured housing to the rescue. According to WLTX19, the South Carolina Disaster Recovery Office has received a $96 million grant from the Department of Housing and Urban Development (HUD), which they plan to use to assist people impacted by floods in October. The recovery program is
Flood Recovery Grant to Help Flood Victims with Manufactured Homes Read More
Fresh off of their quarterly earnings call on October 31st where they beat analysts’ expectations, Affiliated Managers Group (NYSE:AMG) saw Sterling Capital Management LLC increase its stake in the company by 5.9 percent during the second quarter. Sterling Capital Management now owns about 1.02 percent of AMG, valued at $77.22 million.
Investors Up Stakes In Affiliated Managers Group Read More
Government lender Freddie Mac has formed a partnership with Next Step Network, Inc., a Louisville, Kentucky-based non-profit housing intermediary, to roll out consumer education curriculum for manufactured home buyers. The initiative is intended to foster new relationships with active participants in the manufactured housing industry, including mortgage lenders, at the
Freddie Mac Forms Partnership, Rolls Out MH Education Curriculum Read More
Colonial East, L.P. announced the opening of their indoor pool complex, the Manor House Pool, on November 5th, near Rehoboth Beach, Delaware. The new pool complex will serve residents of all of the Colonial East manufactured home communities including Sussex West, Sussex East, and Colonial East. According to the Cape
Manufactured Home Communities Cut Ribbon on New Indoor Pool Complex Read More
The Manufactured Housing Association for Regulatory Reform (MHARR) has made a major announcement regarding a request from President-elect Donald Trump and Congress. MHARR tells the Daily Business News that, as was predicted and outlined in MHARR’s November 9, 2016 Washington Update, President-Elect Trump’s promise to “impose a… moratorium order on
Trump/Congress Call on Federal Agencies to Defer Action on all Pending Regulations Read More
According to the advertiser, the Lafayette City, Louisiana Parish Council introduced an ordinance that will allow the temporary placement of manufactured homes at home sites for residents to live in while repairing their homes damaged by the August floods. As it currently stands, residents in the unincorporated parts of the parish can
Council Looks to Allow FEMA Homes, Rescind Solar Fees Read More
Noteworthy headlines on CNNMoney – Mexico pulls trigger on Trump “contingency plan.” JPMorgan fined for hiring kids of China’s elite. Wells Fargo account openings plunge 44% (DBN coverage of Wells Fargo here). Tesla shareholders approve Solar City merger. Some bullets from MarketWatch – U.S. stocks end higher after strong data,
Patrick Industries Leads Up Day For Manufactured Housing CV, Broader Markets Rise Read More
Esthela Garza, president of the Pasadena Trails resident-owned community (ROC), and new member Paula Maldonado, were featured on a panel discussing the basics of manufactured housing at the “I’m Home” conference in San Antonio November 14th-16th. “Many of the residents were happy to live there, but now they participate in
ROC Leaders Meet at Texas Conference Read More
Investor and real estate billionaire Sam Zell was on CNBC’s Squawk Box yesterday to discuss the impact of Donald Trump’s election. “I think Donald Trump is very smart and has a unique opportunity to change things and lead this country,” said Zell. “And I think this country desperately is looking
Alan Dershowitz – an emeritus law professor at Harvard University, high profile member of the O.J. Simpson defense team and staunch Democrat – is speaking out in response to strong rhetoric against Breitbart Chairman, Steve Bannon. “It is not legitimate to call somebody an anti-Semite because you might disagree with
Prominent Democratic Lawyer Defends Breitbart’s Steve Bannon Read More
Wandsworth, a parish in West Yorkshire, England, is the site of an innovate affordable modular housing project. It is scheduled to be completed in the summer of 2018. Pocket, a London-based builder of “starter homes for city makers” is building the Mapleton Crescent development – a 26-story, 89-home tower built
Innovative, Affordable Modular Housing Highrise Set for Completion in 2018 Read More
Noteworthy headlines on CNNMoney – Megyn Kelly weighing options at other networks. U.S. dollar hits 13-year high. Ford will be first automaker to import cars from India. Twitter suspends accounts of “alt-right” advocates. Some bullets from MarketWatch – Shipping stocks soar as bears abandon ship. Donald Trump’s war on media
Patrick Industries, Drew Industries Lead Manufactured Housing CV, Broader Markets Mixed Read More
Fiction Factory, a Holland-based builder, has unveiled its new modular home, which is made of layered cardboard. According to architects on the project, while cardboard is not among the normal top choices for building materials, the home, called “Wikkelhouse” (which translates to “wrapper house”) will they claim will last for
Layered Cardboard Modular Home Unveiled Read More
