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.
MHProNews has learned from financial-market-news that Skyline Corp. (NYSE:SKY) Director John C. Firth purchased 5,000 shares of company stock Feb. 5, according to a disclosure filed with the Securities and Exchange Commission (SEC). Acquired at an average cost of $4.16 per share for a total transaction of $20,800, the director […]
Skyline Corp. Director Purchases 5,000 Shares Read More
The following letter to the editor of TCPalm is expressed tongue-in-cheek to make the writer’s point that manufactured homes are neither mobile nor vehicles. Quoting in its entirety: Jerry Nashel, Vero Beach Letter: Manufactured homes have to be registered as ‘vehicles’ Once upon a time, manufactured homes were mistakenly called
The producer of component parts for the manufactured housing and recreational vehicle industries, Drew Industries, Inc. (NYSE:DW) reported record sales for Q4 2015 of $334 million, up 16 percent from the same period of 2014. Although sales fell slightly short of the consensus estimate of $336 million, net income rose
Drew Reports Record Sales for Q4 2015 Read More
As MHProNews posted Aug. 12, 2015, a manufacturing facility in the Czech Republic is supplying Germany with modular housing to provide quarters for the thousands of refugees fleeing war and poverty in their native lands of Syria, Iraq and Afghanistan. Germany is building seven modular centers to house 20,000 people.
Modular Housing Booming for Refugees in Germany Read More
A 185-foot-long modular housing unit that once housed workers in North Dakota’s Oil Patch is being re-purposed to house inmates for a minimum-security correctional facility south of Bismarck, North Dakota, as billingsgazette informs MHProNews. The 36-bed unit, on lease from Target Logistics for $35 per bed per day, will help
Modular Housing: From Oil Patch to Patching a Correctional Facility Read More
In the news from CNNMoney: Oil drops below $27 again, worrying investors. Dow dropped 412 points, regained 150 of it. U. S. oil bankruptcies spike 379 percent. Gold prices boosted by market turbulence. Fed Chair Janet Yellen says negative rates possible in U. S. Stocks fall to lowest level in
Patrick Advances Again, +6.08%, as Falling Oil Prices Fells Dow Read More
Testifying before the Ohio House of Representatives’ Financial Institutions, Housing and Urban Development Committee in support of HB 273 regarding abandoned MH, OMHA Executive Director Tim Williams stated that current removal of abandoned MH (valued under $3,000) laws are effective in some counties where an affidavit of value is signed
Ohio’s Association Director Williams Testifies before House Committee Read More
Following a story MHProNews last posted Dec. 14, 2015 regarding a proposed ordinance in Mohave County, Arizona that would restrict siting of manufactured homes to be no more than seven years old, the planning and zoning commission (P&Z) amended the ordinance to accept MH built after 1976, according to mojavedailynews.
Ordinance Changed, County now Welcomes HUD Code since 1976 Read More
The board of directors of The Carlyle Group announced financial results for Q4 2015 as cnn.money tells MHProNews regarding this global asset management firm with $183 billion under asset management. With total assets on the balance sheet for Carlyle of $32 billion as of 12-31 2015, by U. S. GAAP
Carlyle Posts Q4 2015 Financials, as it Invests in Northern Calif. MHC Read More
MHProNews has learned from bizjournals that Erlanger, Kentucky-based SSK Communities has acquired Hickory Hills manufactured home community in Florence, Kentucky, marking SSK’s third acquisition this year. The community is adjacent to SSK’s Mosby Pointe, and residents of Hickory Hills will have access to amenities at Mosby, including the clubhouse and
SSK Acquires Hickory Hills MHC in Kentucky Read More
In the news from CNNMoney: China is on a massive gold buying spree. Airline flights getting cheaper. Fed Chair Yellen expresses caution about economy, not sure of another rate hike. Yelp is struggling. Twitter is losing customers as stock falls. Whole Foods may be over its downward spiral. Happy Birthday
Patrick Advances +2.70%, as Most Stocks are Quiet Read More
MHProNews has learned from einnews that William Sheffer will assume the helm of the Michigan Manufactured Housing, Recreation Vehicle and Campground Association (MMHRVCA) in the wake of the retirement of 38-year Executive Director veteran Tim DeWitt. Sheffer has been director of the MMHRVCA since 1995, and will assume the new
William Sheffer takes Helm of Michigan Association Read More
The Consumer Financial Protection Bureau’s (CFPB) TILA-RESPA Integrated Disclosures rule, or TRID, that went into effect in Oct. has a slight typographical error in the supplementary information, as housingwire tells MHProNews. The section in question deals with the application of tolerances to property insurance premiums and taxes, homeowner’s association dues,
CFPB Corrects Typo in the TILA-RESPA Rule Read More
Following a story MHProNews last reported Oct. 19, 2015 regarding housing the homeless in converted modular shipping containers in Honolulu, Hawaii, the last of the 25 units has arrived at Hale Mauliola on a patch of Sand Island. Each home has a programmable combination lock, screen doors and windows, and
Homeless Residents Occupying Modular Container Homes in Honolulu Read More
The Vermont Economic Development Authority (VEDA) has approved $14.4 million in loan and bond financing for a variety of projects throughout Vermont, according to what MHProNews has been informed by vermontbiz. Funding of $300,000 was approved to assist Vermod High Performance Manufactured Housing, LLC, a producer of energy-efficient modular homes
Producer of High Tech Manufactured Homes Obtains Loan to Buy Facility Read More
The conventional rule of thumb in the New Hampshire presidential primary told us that many, if not most voters, don’t decide for whom they will vote until right before they cast their ballot. This year may have been the exception, as the polls that emerged in the run up to
Trump Thumps Rs, Hill feels the Bern in NH Primary Read More
The monthly National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) reveals the cost and availability of labor remains the biggest hurdle for builders, and is expected to continue as a problem throughout this year. During the Great Recession tradespeople left the industry by the thousands because jobs
Labor and Lot Shortage could Hinder Housing Market Recovery Read More
In the news from CNNMoney: U. S. has near record 5.6 million jobs open. Sears is closing 50 stores. Only seven stocks in the NASDAQ 100 are up this year. World’s second largest diamond, 1,111 carat stone found in Botswana, now named Lesedi La Rona, “Our Light” in Setswana, the
Patrick Falls over Nine Percent as Oil Drops below $28/bbl Read More
In order to offer its citizens a more affordable housing option, the town of Penhold in Alberta, Canada is proposing a 200+ site manufactured home community, as innisfailprovince.ca tells MHProNews. Kristina Schmidt, Penhold’s planning and development officer, recommends amending the Land Use Bylaw zoning to allow for increased density on
Manufactured Home Community Planned in Alberta, Canada Read More
Once again, as MHProNews reported June 19, 2013, the First State Manufactured Housing Association (FSMHA) is offering four scholarships of up to $1,000 to residents of a manufactured home (MH) in Delaware. Applicants must be a resident of the state and have lived in an MH for at least one
First State MHA Offering Scholarships up to $1k Read More
