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.
The Consumer Financial Protection Bureau and Director Richard Cordray dodged a legal bullet when U. S. District Judge Ellen Segal Huvelle in Washington ruled a challenge to Cordray’s authority by Big Springs National Bank of Big Spring, Texas did not have merit. The bank filed the suit in 2012, claiming […]
CFPB Director Cordray’s Rulings Pre-Confirmation Survive Challenge Read More
While many on both sides of the aisle recognize the importance of reforming the secondary housing finance system, 32 Congressional Democrats sent a letter to Federal Housing Finance Agency (FHFA) Director Mel Watt saying the government-sponsored enterprises’ (GSEs) capital base, which is set to expire in 2018, sends out a
Calls for Housing Finance Reform Continue to Resound Read More
In the news from CNNMoney: Britain’s new Prime Minister, Theresa May, can save U. K. from crisis. China hacked the FDIC and the U. S.government covered it up. Trump U ‘top’ teacher’s job was to sell, not teach. Apple is making a reality TV show. Tesla reveals ‘cheaper’ Model X
MHCV Ends Day above 1500; Patrick Falls more than other Tracked Stocks Read More
New Zealand’s home builder Lite Green Projects is collaborating with Melbourne, Australia-based modular builder Habitech Systems to deliver super-insulated modular houses across the Tasman District, an area at the northern end of South Island of New Zealand. Andrei Martin of Lite Green said Habitech’s panel system provides high performance energy
Aussie and New Zealand Firms Collaborate on Modular Homes Read More
Filipino real estate developer “Robbie Antonio defines the art of living by living with art,” writes Keren Blankfeld in Forbes. Antonio launched Revolution Pre-crafted Properties with the aim of offering designer class to his nation’s middle class. “I want the homes to be perceived as art pieces,” Antonio says of
Revolution Pre-Crafted Properties launched Classy Modular Homes for Masses Read More
Marketwatch’s Joseph Adinolfi points out that as new highs are hit on the Dow, that investors have actually been selling for months. “Investors have pulled the equivalent of $133 billion from global equity funds so far this year, according to a weekly fund flows report from Bank of America Merrill
Manufactured Housing Composite Value passes 1525, but Investors Keep selling Read More
While the negative equity rate is five times higher than it was in 2004, during the first quarter of this year 425,000 borrowers who were once underwater regained equity, according to what Black Knight Financial Services tells nationalmortgagenews, leaving just 2.8 million borrowers in negative equity. Black Knight’s Home Price
425,000 more Underwater Borrowers now Floating again Read More
Social Housing Minister Paula Bennett of New Zealand says the government is moving ahead with plans to build modular social (low income) housing as part of a comprehensive plan to increase the housing supply in Auckland and provide housing for the more vulnerable. Most of the homes will be one
New Zealand Government Providing Modular Affordable Housing Read More
The Freeland (Penn.) Borough Council along with the Freeland Business and Development Authority voted in favor of a redevelopment project on Ridge St., which will involve demolishing three blighted properties and placing two $100,000 modular homes on the property. Town Solicitor Donald Karpowich, noting the desire to expand the tax
PA Town Siting Modular Homes in New Subdivision Read More
The U. S. House of Representatives passed the $21.7 billion Financial Services and General Government Appropriations Act, 239-185, in a party line vote, that would bring the Consumer Financial Protection Bureau (CFPB) under Congressional appropriations oversight. The measure would also replace the single director with a five-member bipatrisan commission, a
House Passed Appropriations Measure would Alter Funding and Leadership of CFPB Read More
In the news from CNNMoney: U. S. stocks hit new record high. Rising risks in auto loan industry—more delinquencies, falling used car values. Pokemon Go craze sends Nintendo stock soaring. Boeing to add 2,000 jobs in the U. K. Finance execs agree to recruit more women for executive jobs in
NorthStar Realty Finance Tops Leaders again, Advancing +4.97%; Deer Valley Drops -11.75% Read More
While 287,000 jobs were added to the rolls in June, jobs for qualified for available construction workers continue to go begging, according to what yahoo!news reports from Ken Simonson, chief economist at The Associated General Contractors of America, who tells FOXBusiness there are available jobs. Simonson says following the housing
Home Construction Industry Still Lacking Qualified Workers Read More
Named Retailer of the Year by the Manufactured Housing Institute for the Northeast/ Mid-Atlantic region in 2003 and 2013, Plattsburgh Housing Outlet in Plattsburgh, New York, in the northeast corner of the state, is hosting a home building seminar July 21. Topics at the seminar will include lending requirements, manufactured
Retailer Offering Free Seminar on New MH and Modular Construction Read More
What’s New in public focused Manufactured HomeLivingNews.com Educator, Builder Compare Conventional House to Residential Style Manufactured Home Living & Quality Double-Digit Manufactured Home Sales Growth, MHARR July 7 Report What’s New in Manufactured Housing Industry Professional News House defeats two amendments that would cripple proposed MH financing. Ohio county pursuing
Sunday Morning Recap-Manufactured Housing Industry News July 3-July 10, 2016 Read More
Word from baxterbulletin tells MHProNews the city council of Salesville, in north central Arkansas, is preparing to discuss an ordinance regarding the age requirement of manufactured and modular homes at their next scheduled meeting on July 11, 2016. The meeting will be held at Salesville City Hall at 7 PM.
Arkansas City to Ponder Factory-built Home Ordinance Read More
Lawrence County, Ohio on the Ohio River bordering Kentucky is collecting the second half of the year’s property taxes, according to what irontontribune tells MHProNews. Noting that collections are on track to match last year’s second half collections, Lawrence County Treasurer Stephen Burcham said there is a mortgage company to
Lawrence County Targets Delinquent Manufactured Home Taxes Read More
MHProNews has learned the American Architectural Manufacturers Association (AAMA) announces that its Manufactured Housing Fenestration Certification Program has been accredited by the American National Standards Institute (ANSI), an accreditation which confirms the AAMA certification program licensees produce the highest quality products the industry has to offer. According to Rob Luter
American National Standards Institute Approves MH Fenestration Program Read More
In the news from CNNMoney: Top 1% not as rich as they once were. Stocks respond positively to jobs report. Univision sues newly-expanded cable company Charter. The pound is worse off than Argentina’s peso. Cheap, off price gasoline band for engines. Wendy’s credit card hacker hit 1,000 restaurants. First U.
NorthStar Realty Finance Tops Leaders, Advancing +4.84%; Dow Gains 250 Points Read More
In a colossal rebound from from May when only 11,000 jobs were added to the economy, June saw 287,000 added, according to what the Labor Department tells MHProNews through CNNMoney. Unemployment rose slightly in June from 4.7 percent to 4.9 percent, in fact a good sign that more people are
Labor Dept: 287,000 Jobs Added in June Read More
The Manufactured Housing Institute (MHI) and the Indiana MH Association informs MHProNews that in the U. S. House of Representatives, two amendments to the Fiscal Year 2017 Financial Services Appropriations bill were defeated that would have stripped language from the bill that make necessary changes to the Dodd-Frank Act in
House Reaffirms Support for MH by Defeating two Potentially Crippling Amendments Read More
