Manufactured and Modular Housing News

MBA’s Lobbying seeks to ease CFPB’s Mortgage Regulations Read More

MBA’s Lobbying seeks to ease CFPB’s Mortgage Regulations

By MHProNews / October 10, 2014 / Manufactured and Modular Housing News

As midterms elections approach, the Mortgage Banker Association (MBA) is seizing the lobbying opportunity to fund Congressional campaigns; hoping to open more discussions to gain relief from the Consumer Financial Protection Bureau (CFPB) regulations currently in place in the U.S.. National Mortgage News told MHProNews that Dave Stevens, president and

Oil and Stocks Slip Slide, MH Stocks dip too Read More

Oil and Stocks Slip Slide, MH Stocks dip too

By MHProNews / October 10, 2014 / Manufactured and Modular Housing News

For those who don’t recall Sam Zell’s comments on the high cost of cheap money and current economic policies, part of his expected day of reckoning may be here. Stock commentators say this correction is a good thing, as CNNMoney tells MHProNews that the last one like this was in

SearchCore’s Wisdom Homes of America announces Q3 2014 sales Read More

SearchCore’s Wisdom Homes of America announces Q3 2014 sales

By MHProNews / October 10, 2014 / Manufactured and Modular Housing News

Wholly owned SearchCore Inc. subsidiary Wisdom Homes announced sales of $351,500 generated by the sale of manufactured homes in Q3 2014. “This was a milestone quarter for the Company because it was our first quarter having our Tyler, Texas retail center fully operational. Inventory arrived in early August allowing us

Congressmen Stutzman and Walorski backing bill distancing RVs from Manufactured Housing definitions Read More

Congressmen Stutzman and Walorski backing bill distancing RVs from Manufactured Housing definitions

By MHProNews / October 10, 2014 / Manufactured and Modular Housing News

Congressmen Marlin Stutzman (R-3 IN) and Jackie Walorski (R-2nd IN) announced Thursday October 9th legislation they’ve introduced legislation aimed preventing recreational vehicles from being regulated as manufactured housing. Brian Francisco at the Fort Wayne Journal Gazette tells MHProNews that the RV industry is seeking to avoid “restrictive taxing, zoning and

HUD’s Pam Danner draws robust welcome during address at FMHA annual event Read More

HUD’s Pam Danner draws robust welcome during address at FMHA annual event

By MHProNews / October 10, 2014 / Manufactured and Modular Housing News

Florida Manufactured Housing Association (FMHA) President Cyndi King introduced the federal Housing and Urban Development (HUD) Manufactured Housing Program director – Pam Beck Danner, JD – to the FMHA’s packed 2014 annual meeting in Orlando on 10.8.2014. Danner described the busy 6 months she’s had at HUD, which included no

12 Million MH Community deal in Rio Grande Valley Read More

12 Million MH Community deal in Rio Grande Valley

By MHProNews / October 9, 2014 / Manufactured and Modular Housing News

Parkbridge Capital Group, LLC manager Lee Meekcoms, whose name is already well established in the real estate industry, led the closing of a $12,000,000 transaction between a private investor from Florida and Paradise Park in the McAllen-Pharr area of the Rio Grande Valley of Texas. Clearwater FL based Parkbridge specializes

Canadians Mini-Dwellings – Video Report – on north-of-the-border Tiny House Movement Read More

Canadians Mini-Dwellings – Video Report – on north-of-the-border Tiny House Movement

By MHProNews / October 9, 2014 / Manufactured and Modular Housing News

Global News tells MHProNews how her tiny house has changed Lydia Holden’s way of life. With just a little over 100 square feet to live in, the 24 year-old has found an affordable way to become a home-owner. Lydia paid “only” $30,000 for her 136 square foot home. The tiny

Hazmat stocks Spike on Ebola fears as Dow Plunges 335 Read More

Hazmat stocks Spike on Ebola fears as Dow Plunges 335

By MHProNews / October 9, 2014 / Manufactured and Modular Housing News

Hazmat suit stocks are rising fast on Ebola fears, but the Dow took its biggest dive of 2014, CNN Money tells MHProNews. China and Vietnam are reportedly more optimistic than the U.S., as economic and political concerns mingled with frets over the Fed reportedly moved investors into the nose dive.

CFPB Plans Regulations of Auto Lenders, Leasing Contracts too Read More

CFPB Plans Regulations of Auto Lenders, Leasing Contracts too

By MHProNews / October 9, 2014 / Manufactured and Modular Housing News

In a move that should be monitored by Manufactured Housing (MH) Industry professionals; the Consumer Financial Protection Bureau (CFPB) has published in the Federal Register a proposed rule that could go into effect before the end of 2014, Jim Henry at Automotive News (AN) tells MHProNews. “The cost of compliance

Times’ Talton tells housing affordability woes with two tables Read More

Times’ Talton tells housing affordability woes with two tables

By MHProNews / October 9, 2014 / Manufactured and Modular Housing News

Jon Talton at the Seattle Times shares his take on the housing affordability challenge with MHProNews that could be summed up with this quote: “In other words, housing is less affordable because most American workers are making less.” Talton notes that some areas on the West Coast have “crazy high

Cavco Presses Skyline for a Response Read More

Cavco Presses Skyline for a Response

By Matthew Silver / October 9, 2014 / Business, Company News, Manufactured and Modular Housing News, Manufactured Homes, Modular, RV

Following a story MHProNews covered Sept. 29, 2014 regarding Cavco Industries’ attempt to acquire Skyline Corp. by offering to buy all of Skyline’s outstanding shares at a premium, Cavco has reaffirmed its requests to open a dialogue with the special committee the target company set up to improve the bottom

Think Tank Builders Call for Modular Methods to Address Housing Shortage Read More

Think Tank Builders Call for Modular Methods to Address Housing Shortage

By Matthew Silver / October 9, 2014 / Business, Company News, Factory-Built Homes, Finance, Manufactured and Modular Housing News, Modular

In England, The Hyde Group is calling on lenders to support the growing move towards modular construction techniques and grant mortgages on the same level as is done with traditionally built homes. Hyde hosted a think tank to discuss ways to speed up housing construction in London and south east

Sun to Release Third Quarter Financials Read More

Sun to Release Third Quarter Financials

By Matthew Silver / October 8, 2014 / Business, Communities, Company News, Manufactured and Modular Housing News, Manufactured Homes, RV

Southfield, Michigan-based Sun Communities, Inc. (SUI) will release its Q3 2014 financial results on Thursday, Oct. 30, 2014 prior to the opening of the market followed by a conference call set for later that same morning, at 11:00 AM EDT, according to marketwatch.com. The conference call will be available live

Dow Gains 274 points; Liberty Homes Plunges 33 Percent Read More

Dow Gains 274 points; Liberty Homes Plunges 33 Percent

By Matthew Silver / October 8, 2014 / Business, Manufactured and Modular Housing News, Stocks

In the best day of the year, the Dow Jones Industrial Average regained almost to the number the amount it lost in yesterday’s trading, advancing +274.83 points, +1.64 percent (yesterday’s loss was -1.60%), to close at 16,994.22, while the Nasdaq gained more than it lost yesterday, moving up +83.39 percent,

Clayton Homes Rolls Out Video of Construction Process Read More

Clayton Homes Rolls Out Video of Construction Process

By Matthew Silver / October 8, 2014 / Business, Company News, Manufactured and Modular Housing News, Manufactured Homes

Manufactured housing builder Clayton Homes of Maryville, Tennessee has developed an interactive tool that outlines the construction process of their homes, providing informative photos of the construction methods from top to bottom, including all the steps and the variety of materials and band name products that go into each home.

New Zealand still Struggling with Modular Homes Read More

New Zealand still Struggling with Modular Homes

By Matthew Silver / October 8, 2014 / Business, Company News, Factory-Built Homes, Manufactured and Modular Housing News, Modular

The cost of land planning and consent fees is driving up the expense for building affordable housing in New Zealand, which is restricting growth, according to Finance Minister Bill English. Chris Aitken, CEO of Hobsonville Land Company, says developers often face fees into the hundreds of thousands, and even millions