Manufactured and Modular Housing News

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.

City to Demolish Abandoned Manufactured Homes

An order by the Prince George City Council of British Columbia, Canada for the Lombardy Mobile Home Park to clean up unsightly property has only been partially adhered to, so city crews will go in and make sure the remainder of the order is fulfilled. A report indicates abut half […]

City to Demolish Abandoned Manufactured Homes Read More

State MH Associations: New Face in Wis., New Address in Ohio

MHProNews has been informed by Ross Kinzler, Executive Director of the Wisconsin Housing Alliance (WHA) that his Assistant Executive Director, Amy Bliss, has hired Laurie Mercurio as their new communications director. An AMS certified meteorologist, she has been an on-air weather and news reporter at WKOW-TV in Madison, WI. A

State MH Associations: New Face in Wis., New Address in Ohio Read More

HUD Manufactured Housing Program may Increase State Payments; MHCC to Meet

Consistent with what the Manufactured Housing Association for Regulatory Reform (MHARR) has been asking for since 2000, MHARR informs MHProNews that the Department of Housing and Urban Development (HUD) manufactured housing program may be increasing payments to State Administrative Agencies (SAAs). Currently, the SAAs receive $2.50 per floor for each

HUD Manufactured Housing Program may Increase State Payments; MHCC to Meet Read More

NASDAQ Falls Nearly One Percent. MHCV Slips under Thousand Mark

In the news from CNNMoney: China stocks drop eight percent: How might it affect Western economies, especially since Europe is its largest trading partner? Typical American family is 4.8 percent poorer than it was 25 years ago. Identify theft is the biggest consumer complaint. AT&T acquires DirecTV and becomes largest

NASDAQ Falls Nearly One Percent. MHCV Slips under Thousand Mark Read More

Modular Homes Rising in UK Neighborhood Known for Prefab Homes

As a means to deal with the high demand for housing in Liverpool, England, Liverpool Mutual Homes (LMH) has begun preparing home sites for 33 eco-friendly modular homes to be placed in Belle Vale in southeast Liverpool. The £3.5 million ($5.42 million) project will consist of 21 modular homes with

Modular Homes Rising in UK Neighborhood Known for Prefab Homes Read More

Modular Homes Still Rising in Wake of Hurricane Sandy

Many people have likely forgotten Superstorm Sandy, as the third anniversary of that devastating storm that ripped up the Eastern Seaboard approaches, but in Connecticut, Westchester Modular Homes of Fairfield County has opened an office in Bethel, CT to continue dealing with the victims of that storm. As courant informs

Modular Homes Still Rising in Wake of Hurricane Sandy Read More

Appeals Court Rules Challenge to CFPB’s Existence can Move Forward

According to reuters, the U. S Court of Appeals for the District of Columbia Circuit has ruled the State National Bank of Big Spring, Texas has legal standing to challenge the constitutionality of the Consumer Financial Protection Bureau (CFPB) as well as the appointment of its director, Richard Cordray. Being

Appeals Court Rules Challenge to CFPB’s Existence can Move Forward Read More

Sunday Morning Recap-Manufactured Housing Industry News July 19-July 26, 2015

What’s New in public focused Manufactured HomeLivingNews.com > A Hunter and Native American Decorator’s Dream! John Howard’s Home, Inside MH Road Show Video > How A Manufactured Modular Home Production Center Achieves Savings and Quality – Inside MH Video with Mike Stone > 4 Easy Ways to Keep Your Home Clean What’s New

Sunday Morning Recap-Manufactured Housing Industry News July 19-July 26, 2015 Read More

Temporary Modular Housing being Restricted in Bakken Oilfield

The Williams County Commission in Williston, North Dakota voted to adopt new guidelines putting restrictions on new or renewed applications for temporary housing as of August 1, 2015, as willistonherald reports. As the price of oil has fallen and the demand for oilfield workers has subsided, the commission is phasing

Temporary Modular Housing being Restricted in Bakken Oilfield Read More

The Avoidance of the Rule of Law by Dodd-Frank

Writing in wsj, former Chairman of the Senate Banking Committee Phil Gramm, noting the effects of Dodd-Frank on the banking system, says although the Federal Reserve’s quantitative easing has increased bank reserves, lending has barely risen. The Federal Deposit Insurance Corp. reports that 1,341 commercial banks have closed since 2010,

The Avoidance of the Rule of Law by Dodd-Frank Read More

Dow Falls -163 Points, Most Tracked Manufactured Housing Stocks also Drop

In the news from CNNMoney: New home sales fall. Dunkin’ Donuts CEO says $15 minimum wage is outrageous. Anthem Healthcare to acquire Cigna following Aetna’s acquisition of Humana, covering a total of 86 million members. Gates Foundation’s $200 million resulting in malaria vaccine. Meanwhile, the Yahoo Manufactured Housing Composite Value

Dow Falls -163 Points, Most Tracked Manufactured Housing Stocks also Drop Read More

Modular Workforce Housing Planned for Southwest Louisiana

A variance request by Ridge Park LLC to allow for the placement of 28 modified shipping containers for worker housing was passed by the Calcasieu Parish Planning and Zoning Board in Louisiana. The property had been re-re-zoned in 2013 from Agricultural and Mixed Residential to R-MHP — Manufactured Home Park,

Modular Workforce Housing Planned for Southwest Louisiana Read More

Help Ensure Passage of The Preserving Access to Manufactured Housing Act

The Manufactured Housing Institute (MHI) informs MHProNews on Thursday, the Senate Appropriations Committee passed its Fiscal Year 2016 Financial Services and General Government Appropriations bill, which includes the Preserving Access to Manufactured Housing Act (S. 682/H.R. 650) per Senate Banking Committee Chairman Richard Shelby’s (R-AL) request. While passage of the

Help Ensure Passage of The Preserving Access to Manufactured Housing Act Read More

UMH Properties Set to Release Q2 Financials Aug. 7

Real estate investment trust (REIT) and manufactured home community (MHC) owner UMH Properties, Inc. will host its Q2 2015 financial results webcast and conference call on Friday, August 7, at 10:00 AM EST. Senior management will be on hand to discuss the results as well as current market conditions and

UMH Properties Set to Release Q2 Financials Aug. 7 Read More

Capital One Arranges $14 Million Fannie Mae Loan

MHProNews has learned from Capital One that the company has arranged a $14 million Fannie Mae fixed-rate loan to refinance Rincon Country Mobile Home Park in Tucson, Arizona. Damon Reed, Senior Vice President and Capital One’s Director of MHC (manufactured housing community) Finance arranged the transaction to retire existing higher-rate

Capital One Arranges $14 Million Fannie Mae Loan Read More

Drew Industries to Release Second Quarter Financials

MHProNews has learned from marketwatch that Elkhart, Indiana-based Drew Industries, Inc., (NYSE:DW) will release its Q2 2015 financials before the market opens on Tuesday, Aug. 4, 2015, to be followed by a conference call later that same morning at 11 AM EST to discuss the results and other business matters.

Drew Industries to Release Second Quarter Financials Read More

Deer Valley Corp. Jumped +10.25 percent while Most All Tracked Stocks Fell

In the news from CNNMoney: Harley Davidson recalling 185,000 motorcycles. Gold has fallen to its lowest point in five years, down more than 40% since 2011. Donald Trump earned $600,000 from the storied Central Park Carousel in NYC’s Central Park. In latest J. D. Power survey Chevrolet Corvette beats Porsche

Deer Valley Corp. Jumped +10.25 percent while Most All Tracked Stocks Fell Read More

Home Sales Rise to Best Rate in Eight Years

Existing home sales increased 3.2% to a seasonally adjusted annual rate of 5.49 million in June, according to usatoday, selling at the fastest rate in eight years. Chief Economist for the National Association of Realtors (NAR), Lawrence Yun says “Buyers have come back in force, leading to the strongest past

Home Sales Rise to Best Rate in Eight Years Read More

Capital One Arranges Purchase of CA Manufactured Home Community

According to abladvisor, Capital One has provided a $4.6 million fixed-rate loan for a repeat client to acquire Ocean West, a 127-unit, age-restricted manufactured home community (MHC) in McKinleyville, California. Built in 1979 and renovated in 1986, the property is located less than a mile from the Pacific Ocean, and

Capital One Arranges Purchase of CA Manufactured Home Community Read More

Orders for Keiser’s Modular Homes will be Built at a Sister Plant

Following a story MHProNews last posted July 20, 2015 regarding the fire that has temporarily halted production at Keiser Homes in Oxford, Maine, sunjournal reports unfinished orders will be completed at one of the parent companies plants in Pennsylvania. While employees at the plant continued to ship homes to customers,

Orders for Keiser’s Modular Homes will be Built at a Sister Plant Read More

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