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.
In the news from CNNMoney: Apple drops price on Apple Watch to $299. Saudi Arabia taking over largest U. S. oil refinery. Muslim-American women fighting stereotypes of subservience and being terrorists. Leadership in chaos in Brazil in advance of the Olympics. Minnesota start-up makes two-shot pistol that folds up to […]
After Rising 72.5%, Deer Valley Falls 11.59% Read More
As newsmax informs MHProNews, The New York Times reports Donald Trump supporters defy typical, political norms. A demographic study released by The Times said, “The places where Trump has done well cut across many of the usual fault lines of American politics — North and South, liberal and conservative, rural
Trump Support Strong among Manufactured Home Residents Read More
Starting at 1 PM CT on Tuesday, March 22, the 2016 Tunica Manufactured Housing Show will welcome attendees to the Standing Room Only Seminar, Panel discussions and MH business- building workshops. Held in the Resorts Hotel and Casino, all registered Tunica Show attendees can come at no charge to hear three profits-geared, information-packed
MHProNews has learned from fidaily that the common stock of UMH Properties, Inc. (NYSE:UMH) reached a 52-week high of $10.79 on Friday, March 18 before slipping -0.58 and ending at $10.07. The company recently declared a quarterly dividend of $0.18 per share, representing an annualized payment of $0.72 to shareholders
Shares of UMH Properties Hit New High Read More
What’s New in public focused Manufactured HomeLivingNews.com Surprising Solution, Roadblocks to U.S. Affordable Housing Crisis What’s New in Manufactured Housing Industry Professional News Manufactured home communities sell in VA, FL and MN. MHI insists GSEs make individual chattel loans. Letter to editor compliments MH. Community fined for violating Fair Housing
Sunday Morning Recap-Manufactured Housing Industry News March 13-March 20, 2016 Read More
In a letter to the Federal Housing Finance Agency (FHFA), the Manufactured Housing Institute (MHI) is pressing the government-sponsored enterprises (GSEs) to back chattel loans, which apply to manufactured homes (MH) not secured by real estate, according to nationalmortgagenews. “Requiring the GSEs to purchase chattel loans as part of their
MHI Raps FHFA’s Duty to Serve Rule for not Aiding Individual Homebuyers Read More
The Board of Directors of Drew Industries, Inc. (NYSE:DW) of Elkhart, Indiana has declared a cash quarterly dividend of $0.30 per share of common stock, as prnewswire tells MHProNews. Payable on April 15, 2016 to shareholders of record as of the close of business on April 1, 2016, Drew’s CEO,
Drew Industries Declares Quarterly Cash Dividend Read More
MHProNews has been notified by the Department of Justice the owner/operator of Mere’s Mobile Home and Recreational Vehicle Park in North Fort Myers, Fla. has agreed to pay $40,000 to settle claims he discriminated against African-Americans in violation of the Fair Housing Act. Owner and operator Thomas Mere allegedly told
MHC Owner Fined for Discriminatory Practices at his Community Read More
In the news from CNNMoney: New glass can bend in half without shattering. Mark Zuckerberg taking heat in Beijing. Trump’s Mar-a-Lago hires hundreds of foreign workers. Bankrupt Sports Authority to close 140 stores. India’s massive garbage fire visible from space. Made in China label is actually not that cheap. Domino’s
MHCV Finishes Week just below 2,000; Dow Gains 120 Points Read More
Rick Robinson of the Manufactured Housing Institute (MHI) informs MHProNews of the second reading by the Darlington County Council in South Carolina of amendments to a manufactured housing (MH) ordinance. The proposed ordinance requires a county registration decal be displayed on any MH within 15 days of its transfer of
South Carolina City Amends MH-related Ordinance Read More
Following their primary wins, both Hillary Clinton and Donald Trump hold commanding leads in New York, ahead of the April 19 primary, that could determine their ultimate candidacies, according to a survey by the Emerson College Polling Society, reports media.wix. The Society, a Department of Communications Studies at Emerson College,
Builder of eco-friendly, sustainable modular homes, Geenfab announced it has completed its new factory in Washington state in anticipation of reaching a broader market in the West and beyond. Founder Johnny Hartsfield said the new facility will help the company expand production and services to clients. “We continue to focus
Greenfab Opens New Factory Read More
In a letter to the editor of sanluisobispo, Bob Vasholtz writes that while we support low-income housing, we mostly do not want low-income people living next door. He states manufactured housing is “the lowest cost form of quality housing” because the homes are built indoors, consistently, using standardized production procedures.
Quality of Manufactured Homes Praised in Letter to the Editor Read More
In the news from CNNMoney: Ireland’s economy is growing faster than China’s. Oil prices spike to $40/bbl. Peru shines as Brazil spirals. ABS will be standard in autos by 2022. Smokeless tobacco banned at baseball stadiums. Erasing 2,000 point plunge, Dow turns positive for the year. Whole Foods stock at
Deer Valley Skyrockets +72.50 Percent Read More
While governmental officials, industry leaders and financial executives agree that manufactured housing (MH) is a solution to the problem of affordable housing in the nation—Julian Castro, head of the U. S. Department of Housing and Urban Affairs (HUD) calls MH a “vital solution for folks of modest means”–regulations imposed by
MHI’s Dick Jennison, CFPB’s Richard Cordray on Manufactured Home Loan Regulations Read More
With over 4,000 homeless people on the streets every night in San Jose, California, and 6,500 homeless in Santa Clara County, city officials plan to install manufactured homes on a plot of city-owned land to house up to 170 people. Purchased with state development funds, each home will have six
Manufactured Homes Chosen to House Homeless Read More
The Caswell County (North Carolina) Commissioners (NC) split evenly on a vote to consider using cement fiberboard as an alternative to brick for skirting on manufactured homes (MH), and asked Building Inspector Ray Pulliam to further investigate if it is suitable, as caswellmessenger informs MHProNews. Several said using brick is
Commissioners Reject Cement Fiberboard for MH Skirting Read More
Calling it “slow but steady progress,” the National Association of Home Builders (NAHB) reports to MHProNews that the Housing Market Index for March was unchanged at 58, after rising to 64 last October, which was a ten-year high. January saw sales of existing homes hit the second highest rate of
Builder Confidence for Single-family Homes Remains at 58 Read More
The non-profit Semcac, a community action agency in southeastern Minnesota, has funding available to loan to eligible residents for rehabilitating their homes, including manufactured homes (MH). The 0 percent interest loans have a 15-year term—ten-year for MH, providing it is in an MHC, as southernminn tells MHProNews, all funded through the
Minnesota Housing Providing Loans to Rehab Manufactured Homes Read More
In the news from CNNMoney: Trump’s 500 businesses would provide monumental ethical dilemma should he become president. UK to charge soda tax on sugary drinks. College student 3D printed his own braces. Americans fear dead-end jobs leading to lousy wages. Fed holds off on raising interest rates amid fears of
Skyline Gains 9.32%, MHCV Moves up 1.97% Read More
