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.
Following a story MHProNews last posted May 11, 2016 regarding the sudden end of operations for Innovative Building Systems (IBS) and the fall out that closed Excel Homes, and Mod-U-Kraf Homes in Rocky Mount, VA, roanoke reports the Franklin Center in Rocky Mount held a support and job-seeking gathering for […]
Employment Services Offered to Former Mod-U-Kraf Workers Read More
A team of designers and engineers from Daytona State College (DSC) and Embry-Riddle Aeronautical University (ERAU) in Florida–known as Team Daytona Beach–is building a solar-powered home as one of 14 international teams chosen to compete in the 2017 U. S. Department of Energy Solar Decathlon. The competition requires students to
Modular Home on Tap as Students Partner to Prepare for Solar Decathlon 2017 Read More
Fans of 1970s TV shows may recall that James Garner played a private eye named Jim Rockford in The Rockford Files, and he lived in a pre-HUD Code home sited on a deserted parking lot in Paradise Cove with a view of the Malibu coastline. The deserted parking lot with
Tax on $3.5 Million Home only $29 Read More
In the news from CNNMoney: The three major indices all end up for the month of May. Glenn Beck suspended by Sirius XM because a guest intimated Donald Trump might be assassinated should he become president. Walmart criticized over factory conditions in Asia. Saudi Arabia seeks to borrow $15 billion.
Skyline Corp. Advances 2.48%; MHCV Slips -0.05 Read More
Claiming senior managers within her office bullied and demoted her for filing a complaint with the Equal Employment Opportunity (EEO) office, Angela Martin said in testimony before the House Committee on Financial Services that the Consumer Financial Protection Bureau (CFPB) had a “pervasive” culture of intimidation and hostility within the
CFPB Director Cordray tells Whistleblower to have her Attorneys “Back Down” Read More
Joe Kelly of the Iowa Manufactured Housing Association (IMHA) tells MHProNews that one of the last bills of the session that Gov. Terry Branstad signed, HF 2459, which makes last minute adjustments to state government funding, included revised language to prevent cities from filing liens against manufactured home communities where
Iowa Manufactured Housing Association helps Guide Legislation Read More
Steve Sinovic, writing in abqjournal, says sales of manufactured home sales are up, a popular and affordable housing choice for New Mexicans, some eighteen percent of whom live in manufactured housing. However, financing costs are being driven up by the Consumer Financial Protection Bureau (CFPB) implementation of the Dodd-Frank law. Additionally,
Dodd-Frank Act Remains a Stumbling Block to Manufactured Home Lending Read More
All U. S. stock markets are close today in observance of Memorial Day, the day to honor all U.S. military personnel. For an editorial reflection on Memorial day, click here. ## (Photo credit: history) Article submitted by Matthew J Silver to Daily Business News-MHProNews.
Stock Markets Closed in Honor of Memorial Day Read More
Mark Duran, executive director of the New Mexico Manufactured Housing Association, stated the resurgence in appeal of the manufactured home (MH) stems from the desire of home ownership, built-in amenities and lower cost, and today’s buyers range from the starter home set to the well-being who have often cashed out
Manufactured Housing is Moving in New Mexico Read More
In an attempt to revitalize Minneapolis’ North Side which is plagued with crime, high unemployment and boarded-up housing, the largest black-owned business in Minnesota is moving its headquarters to the area. It intends to establish a new company that will sell and site modular homes as infill for some of
Minority-owned Builder Plans Modular Homes as Infill in Minneapolis Read More
What’s New in public focused Manufactured HomeLivingNews.com NeighborWorks, Clayton Homes Partner with Next Step Homes in Waco, Texas How a Professional Couple saved $100,000 on a New Home in Tennessee What’s New in Manufactured Housing Industry Professional News MH Communities closing in Minnesota, New York. Cavco stock closes above $100.
Sunday Morning Recap-Manufactured Housing Industry News May 22-May 29, 2016 Read More
The Pitt County (North Carolina) Planning Department has received a $100,000 from the North Carolina Housing Finance Agency’s Urgent Repairs program to assist families who own manufactured homes (MH) that need repair but do not own the land. Most MH repair grants require the homeowner to own the land as
North Carolina Grant will help MH Residents Repair Homes Read More
The one-time site of a manufactured home community in Caversham, United Kingdom will soon see 28 modular homes for homeless families, as MHProNews has learned from getreading.co.uk. The goal of the Reading Borough Council is to address the chronic lack of temporary housing in the borough and reduce the use
Former MH Community Property will Host Modular Homes for Homeless Read More
Shady Oaks Mobile Home Park in St. Cloud, Minnesota will close in August, 2016, and Le Sauk Township will enlist the assistance of Wilson Development Services to help with relocation efforts for the residents, according to sctimes. The state requires communities that are closing to give residents a nine-month notice,
Minnesota MH Community Closing, Consultant Helping with Relocation Read More
In the news from CNNMoney: Verizon reaches deal with 36,000 striking workers. Fed Chair Janet Yellen says rate hike will be appropriate soon. Twenty-three percent of U. S. homes have two refrigerators. French gasoline shortages fueling interest in electric cars. Trump’s Energy Plan: Regulate less, drill more. U. S. economic
Cavco’s Stock Gains 4.76%, closes at $100.23 Read More
According to streetinsider, Drew Industries, Inc. (NYSE:DW) has declared a quarterly dividend of $0.30 per share, or $1.20 annually. To stockholders of record on June 6, 2016 the dividend will be payable June 17, 2016. The ex-dividend is set for June 2, 2012. Annual yield on the dividend is 1.6
Drew Declares Quarterly Dividend Read More
Pending home sales rose for the third consecutive month in April, this time hitting the highest level since Feb. 2006, as 12newsnow reports to MHProNews. The National Association of Realtors (NAR) said its seasonally adjusted pending home sales index billowed 5.1 percent in April to 116.3, just shy of the
New Home Sales Spike; Pending and Existing Home Sales also Rise Read More
Harking back to a post MHProNews published Feb. 23, 2016 regarding Wyoming Homes owner David Valenti pleading guilty to 19 counts of theft for not delivering modular homes for which he had been paid, he has now pleaded guilty to 21 counts of theft, alleging he stole over $240,000 from
Modular Home Dealer Ordered to Jail on 21 Theft Charges Read More
Netols Asset Management, after selling 4,064 shares of Sun Communities, Inc., reduced its stake in Sun Communities Inc., (NYSE:SUI) to 142,175 shares valued at $10.1 million, as themarketdigest informs MHProNews. Hedge fund Daiwa Securities Group added 447,536 shares of Sun to its portfolio and currently has a stake valued at
Investors Alter Stakes in Sun Communities and Patrick Industries Read More
In the news from CNNMoney: Abercrombie’s stock falls 16 percent after admitting fewer shoppers are coming to its stores. McDonald’s raided by French police after tax probe. Signet Jewelers—Zales, Jared, Kay, and Piercing Pagoda—reported disappointing sales, stock fell ten percent. Pittsburgh Steelers using a robot to reduce injuries during practice.
Skyline Advances the most on Otherwise Quiet Trading Day Read More
