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.

Senator Elizabeth Warren Raises Concerns over non-bank Mortgage Servicers

By / October 29, 2014 / Advocacy, Business, Company News, Finance, home buyers, Legal, Manufactured and Modular Housing News, regulation

Instrumental in the formation of the Consumer Financial Protection Bureau (CFPB) and a strong proponent of financial reform, U. S. Senator Elizabeth Warren (D-Massachusetts), noting the rise in non-bank mortgage servicers, is asking the Government Accountability Office (GAO) to investigate the risks to consumers. A report by the Federal Housing …

Senator Elizabeth Warren Raises Concerns over non-bank Mortgage Servicers Read More

New Zealand PreFab Homes Rising Down Under

By / October 29, 2014 / Business, Company News, Factory-Built Homes, Manufactured and Modular Housing News, Modular

Responding to New Zealand’s low housing productivity, especially in the wake of the earthquake in Feb. 2011 in Christchurch that destroyed thousands of homes, Dan Tremewan’s prefabricated homes are the first to be constructed with lightweight timber panels and cross-laminated solid wood from locally grown douglas fir and pine. As …

New Zealand PreFab Homes Rising Down Under Read More

The Atlantic’s article on Manufactured Housing Evoked Comments

By / October 28, 2014 / Advocacy, Business, Communities, Economy, Finance, home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes, People

Commenting on The Atlantic‘s article about manufactured housing (MH), the CFPB and MH financing, Amy Bliss of the Wisconsin Housing Alliance, compliments the piece for citing facts such as: > energy efficiency, > less waste in the building process, > availability to middle-incomers, while acknowledging the difficulty in finding financing …

The Atlantic’s article on Manufactured Housing Evoked Comments Read More

Liberty Homes Drops, as Drew Industries Advances

By / October 28, 2014 / Business, Manufactured and Modular Housing News, Stocks

Several positive corporate returns, rising consumer confidence and lower gasoline prices contributed to stocks rising in today’s trading on the Big Board, as the Dow crossed over the 17,000 mark. Dow Jones Industrial Average 17,005.75 +187.81 (+1.12%). Nasdaq 4,564.29 +78.36 (+1.75%). S&P 500 1,985.05 +23.42 (+1.19%). The Yahoo! Finance Manufactured …

Liberty Homes Drops, as Drew Industries Advances Read More

Saudi Arabia Responding to Competition from North American Fracking

By / October 28, 2014 / Business, Canada, Economy, Factory-Built Homes, Manufactured and Modular Housing News, Modular

Seen lower prices at the pump lately?  Saudi Arabia has enough petroleum reserves and funds to sustain itself for eight years with Brent crude at $83/bbl. – and they are now undercutting the competition to gain market share – to counter production increases in Canada and the U. S., businessincanada …

Saudi Arabia Responding to Competition from North American Fracking Read More

DE State Rep takes on Democrat MHC Resident Challenger

By / October 28, 2014 / Advocacy, Communities, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, People

Delaware District 37 Representative Ruth Briggs King, a Republican, is being challenged by Democrat Paulette Rappa, an educator and resident of a manufactured home community. MHProNews first covered King’s election of Nov. 2012 when she defeated another MHC resident, Beth McGinn. When asked about the problems facing MHC residents, Rep. …

DE State Rep takes on Democrat MHC Resident Challenger Read More

If the GOP Takes the Senate, the CFPB may Take a Bath

By / October 28, 2014 / Business, home buyers, Legal, Legislation, Manufactured and Modular Housing News, People, regulation

Since the formation of the Consumer Financial Protection Bureau (CFPB) in 2011, which the financial services industry fought to prevent, Republicans in the House and in the Senate have said it is an intrusion of government into the market. If the Republicans take control of the Senate in the upcoming …

If the GOP Takes the Senate, the CFPB may Take a Bath Read More

New Factory Home Builder Closer to Production

By / October 27, 2014 / Business, Company News, Factory-Built Homes, Legal, Manufactured and Modular Housing News, Modular

Following a story MHProNews last posted Aug. 18, 2014 regarding the conversion of an 83,000 square foot warehouse into a modular home manufacturing plant, the company, Renewable Jersey, LLC intends to hire 120 workers as part of the first phase, and received approval from the state’ finance board. Economic Development …

New Factory Home Builder Closer to Production Read More

Liberty Homes Plummets, Skyline Rebounds; Dow and Nasdaq Slip Slightly

By / October 27, 2014 / Business, Manufactured and Modular Housing News, Stocks

Stocks were mostly flat in today’s trading as the Dow and Nasdaq rose barely, and the S&P slipped slightly. Dow Jones Industrial Average 16,817.94 +12.53 (+0.07%). Nasdaq 4,485.93 +2.21 (+0.05%). S&P 500 1,961.63 -2.95 (-0.15%). The Yahoo! Finance Manufactured Housing Composite Value: 537.5 Today’s Change: -3.81%. As of 4 PM …

Liberty Homes Plummets, Skyline Rebounds; Dow and Nasdaq Slip Slightly Read More

Museum Celebrates 70 Year-old Modular Homes

By / October 27, 2014 / Factory-Built Homes, Manufactured and Modular Housing News, Modular

The bombing of England during the Second World War left hundreds of thousands of people homeless. Between 1944 and 1948, the government built 156,623 modular bungalows with indoor plumbing and kitchen appliances, somewhat uncommon in rural areas of the country, as MHProNews understands. The dwellings had two-bedrooms, a fold-down kitchen …

Museum Celebrates 70 Year-old Modular Homes Read More

State Manufactured Housing Association Reveals Honors Bestowed

By / October 27, 2014 / Awards, Company News, Manufactured and Modular Housing News, Manufactured Homes, People

The Arkansas Manufactured Housing Association (AMHA) recognized leaders in the industry at its 43rd Annual Convention in Little Rock recently, MHProNews  learned from AMHA Executive Director,  J. D. Harper. Kevin Hawks of Hawks Enterprises was inducted into AMHA’s Hall of Fame, which is the highest honor bestowed upon any individual …

State Manufactured Housing Association Reveals Honors Bestowed Read More

Manufactured Homes not Dwellings in Sussex County

By / October 26, 2014 / Communities, Legal, Manufactured and Modular Housing News, Manufactured Homes, regulation, RV

Under the current Sussex County (Delaware) code, manufactured homes (MH) are lumped together with hotels, motels and tourist homes, but a new proposal under consideration would consider them as dwellings, according to villagesoup. A public hearing on a proposed RV community and campground for Castaways at Massey’s Landing triggered the …

Manufactured Homes not Dwellings in Sussex County Read More

MHCs Changing Hands in Florida

By / October 26, 2014 / Business, Communities, Company News, Manufactured and Modular Housing News, Manufactured Homes

Mermaid Manor Mobile Home Park in Bradenton, Florida has been sold for $2.1 million by Harold E. Crye to an undisclosed buyer. Crye’s company, Mermaid Manor LLC, paid $1.2 million for the manufactured home community (MHC) in March 2013 following a foreclosure involving prior owner CPM Properties LLC of Tampa, …

MHCs Changing Hands in Florida Read More

Council Votes for Modular Project; Candidates for Council Oppose it

By / October 24, 2014 / Advocacy, Factory-Built Homes, Legal, Manufactured and Modular Housing News, Modular, People

Following a story MHProNews  posted Sept. 5, 2014 regarding a proposed 166 unit modular housing complex straddling the S. Alouette River in the Maple Ridge area of Vancouver, British Columbia, Canada, the proposal has become an item for debate among candidates for the Maple Ridge Council election set for Nov. …

Council Votes for Modular Project; Candidates for Council Oppose it Read More

Dow Jones: Best Week in Two Years

By / October 24, 2014 / Business, Manufactured and Modular Housing News, Stocks

The Dow Jones Industrial Average posted its best week in nearly two years, gaining 426 points, as many of the housing stocks we track also landed in the black in today’s trading. Dow 16,805.41 +127.51 (+0.76%). Nasdaq 4,483.72 +30.93 (+0.69%). S&P 500 1,964.58 +13.76 (+0.71%). The Yahoo! Finance Manufactured Housing …

Dow Jones: Best Week in Two Years Read More

Fires, Mobile and Manufactured Housing in the News

By / October 24, 2014 / Manufactured and Modular Housing News, Manufactured Homes, mobile home

One of the more common local stories that news feeds bring MHProNews  are those related to “mobile home” fires. Some are tragic, others arson or human error. Many of these are obviously pre-HUD Code “mobile homes,” not manufactured homes.  The home that burned in Sumter County, Florida falls into a gray …

Fires, Mobile and Manufactured Housing in the News Read More

MH Component Supplier Lippert Expanding IDS in Michigan

By / October 24, 2014 / Business, Company News, Manufactured and Modular Housing News, Manufactured Homes, RV

Elkhart, Ind.-based manufactured housing component supplier Lippert Components Inc., will receive a $200,000 Michigan Business Development Program grant for a $1.7 million investment creating 102 jobs in an expansion of recently acquired Innovative Design Solutions, Inc (IDS). The Michigan Economic Development Corporation announced approval for the project in Sterling Heights, …

MH Component Supplier Lippert Expanding IDS in Michigan Read More

Non-profit Housing Agency Building Own HUD Code and Modular Homes

By / October 23, 2014 / Manufactured and Modular Housing News

A nonprofit in New Hampshire that has been helping low-income families find housing for nearly 25 years has begun designing and selling its own version of energy-efficient manufactured and modular housing. Affordable Housing Education and Development (AHEAD), owning/operating 300 + units for seniors, families and individuals with disabilities, has created …

Non-profit Housing Agency Building Own HUD Code and Modular Homes Read More

Easton Rents Hold, but Community Owners Must Make Repairs

By / October 23, 2014 / Business, Communities, Company News, home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes

Following a story MHProNews  last reported on July 2, 2014 regarding conditions and rent at the Easton Mobile Home Park in Easton, Massachusetts, the Board of Selectmen refused to roll back rents from $468 to $293. Acting as the Mobile Home Park Rent Control Board, the board members expressed fears …

Easton Rents Hold, but Community Owners Must Make Repairs Read More

Manufactured Housing Stocks Perform Well in Today’s Trading

By / October 23, 2014 / Business, Manufactured and Modular Housing News, Stocks

Strong third quarter corporate results fed investors’ appetite, spurring the three major indexes to continue regaining losses incurred earlier this month. All but one MH related stock rose or remained unchanged. UFPI gained the most of tracked stocks, moving up +3.68 percent. Dow Jones Industrial Average 16,677.90 +216.58 (+1.32%). Nasdaq …

Manufactured Housing Stocks Perform Well in Today’s Trading Read More

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