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.

John Miller credit miaminewtimes posted on MHProNews.com, daily business news,

Community owner arrested for using front loader to evict residents

MiamiHerald and MiamiNewsTimes reports that a landlordwas arrested for ramming a front end loader into an occupied rental home. Miller had rented the mobile home to Michelle Valdez, age 23, her brother, sister and law and Valdez’s three children. Valdez was current on her payments, but according to reports, had …

Community owner arrested for using front loader to evict residents Read More

Dow rises, Manufactured Housing nudges higher too

CNNMoney reports that the Dow edged higher today, continuing Monday’s rally.  The modest just-over-a-quarter percentage point gain came amid concerns that a French credit downgrade could harm the ‘save the Euro’ efforts in play.  The Dow closed at 11,555.63 +32.62  (+0.28%), down year to date -0.19%. The Yahoo! Financial Manufactured …

Dow rises, Manufactured Housing nudges higher too Read More

Lt. Governor’s task force supervises removal of Irene damaged mobile homes

MHProNews has learned that Vermont’s Lt. Governor Phil Scott and Secretary of Commerce and Community Development Lawrence Miller project for de-commissioning Irene damaged ‘mobile homes’ and replacing them with new manufactured homes has made significant progress. In a press release, the Lt. Governor’s office said “In our work so far, …

Lt. Governor’s task force supervises removal of Irene damaged mobile homes Read More

NAR quarterly lobbying blows away manufactured housing lobby funding

MSN reports that the National Association of Realtors (NAR) spent 6.1 million dollars in the 3’d quarter of 2011 in federal lobbying efforts.  This is down from 7.1 million spent in the 2nd quarter, but up from the 4.5 million spent by the group in the 3’d quarter of 2010. …

NAR quarterly lobbying blows away manufactured housing lobby funding Read More

Modulars used in new affordable housing project

SunTimes reports that Myrtle Beach, South Carolina (SC) will soon be providing 3 new modular homes in an affordable housing project made using federal funds for neighborhood stabilization. Each house is about 1,100 square feet and each has a front porch that adds about 150 square feet.  The homes feature …

Modulars used in new affordable housing project Read More

Obama Administration and ACORN Housing accused of misuse of funds and corruption

WashingtonTimes reports author/editor Matthew Vadum has accused the Obama administration of “new evidence of corruption” involving an affiliate of ACORN (Association of Community Organizations for Reform Now). Cause of Action – a watchdog group – pressed NeighborWorks America, a taxpayer-funded federal nonprofit that funneled more than $26.5 million in federal …

Obama Administration and ACORN Housing accused of misuse of funds and corruption Read More

Lexington man Sentenced in Federal Fraud case

MHProNews has learned that 32 year old Robert C. Sasser of Lexington, South Carolina was sentenced in federal court on November 28th for wire fraud. In a case handled by U.S. Attorney Winston D. Holliday, Jr., United States District Judge Margaret B. Seymour sentenced Sasser to three years’ imprisonment and …

Lexington man Sentenced in Federal Fraud case Read More

Debt Drops, Says Fed; Credit Demand Rises

HousingWire reports the New York Federal Reserve says consumer indebtedness fell by 0.6 percent in the third quarter as mortgage balances and credit card limits continued declining. Total consumer debt dropped from $11.72 trillion in Q2 to $11.66 trillion the quarter recently ended. Bankruptcies fell 18.8 percent from Q3 2010, …

Debt Drops, Says Fed; Credit Demand Rises Read More

Dow Rises Nicely, Most Tracked Housing Follows

CNNMoney reports the Dow Jones Industrial Average spiked 291.23 points on good news of Black Friday sales, and encouraging news about the European debt crisis. The Dow closed 11,523.01, a gain of 2.59 percent. The Yahoo! Finance Manufactured Housing Composite Value gained 2.63 percent to close at 736. Most tracked …

Dow Rises Nicely, Most Tracked Housing Follows Read More

New Home Sales Edge Up

The National Association of Home Builders (NAHB) reports the U.S. Department of Commerce says sales of new, single-family homes increased 1.3 percent in October, marking the best monthly sales pace since May, 2011. “Today’s report is right in line with our forecast for modest and gradual improvement in sales activity …

New Home Sales Edge Up Read More

MH Congressional Friend not Seeking Re-election

The Manufactured Housing Association for Regulatory Reform (MHARR) reports U.S. House of Representative member Barney Frank (D-Mass) has decided to not seek re-election after serving 32 years in Congress. MHARR’s communique says, “Our industry is losing a loyal congressional ally who worked across the aisle to champion the Federal Manufactured …

MH Congressional Friend not Seeking Re-election Read More

Inmates Secure in Modular Steel Cells

AccessNorthGa reports from Baldwin, Georgia, that SteelCell of North America offers modular detention units tailor-made for particular applications, whether new construction or made to fit existing prison facilities. SteelCell president and CEO Mike Smith said, “We had a recent jail build in Virginia with 324 cells and had 65 different, …

Inmates Secure in Modular Steel Cells Read More

Alabama Illegal Immigrant Law Leads to Class Action Suit

In a follow-up to a story from Nov. 25, 2011, TheWetumpkaHerald in Elnore, Alabama, reports a federal lawsuit challenging Alabama’s illegal immigration enforcement act has been filed, naming Elnore County’s Probate Judge Jimmy Stubbs and Revenue Commissioner Julie Magee as defendants. Two illegal immigrants, named John Doe 1 and John …

Alabama Illegal Immigrant Law Leads to Class Action Suit Read More

Mortgage Rates Edge Slightly Week over Week

CNNMoney reports from Bankrate the 30-year fixed rate mortgage (FRM) dropped 0.01 percent this week over last week (Nov. 14-18) to 4.02 percent. The 15-year FRM also fell 0.01 percent to 3.37 percent during that same period. The 5/1 adjustable rate mortgage (ARM) rose to 2.97 percent from 2.96 percent. …

Mortgage Rates Edge Slightly Week over Week Read More

GSE’s Delinquency Rate Rises Slightly

HousingWire reports Freddie Mac’s seriously-delinquent mortgage rate inched up 0.03 percent in October over Sept. to 3.54 percent. Meanwhile, the multi-family delinquency rate dropped to 0.31 percent from Sept.’s 0.33 percent. The overall mortgage portfolio at the government-sponsored enterprise (GSE) fell at an annualized rate of 5.22 percent last month. …

GSE’s Delinquency Rate Rises Slightly Read More

Sales of Existing Homes Climb in Indianapolis Area

IndyStar reports existing home sales in Central Indiana rose 13.2 percent in October over the same month last year. The Metropolitan Indianapolis Board of Realtors (MIBOR), which covers a 13 county metro area, said the 1,735 homes sold last month mark the fourth straight month sales have grown. Sales of …

Sales of Existing Homes Climb in Indianapolis Area Read More

Modular Moving in Midwest

Omaha reports Rod Tompkins, who operates Heritage Homes in Wayne, Nebraska, in the northeast part of the state, says business is picking up and he plans to add 16 production workers to the current roster of 64. The maker of custom modular homes and apartments says the biggest demand is …

Modular Moving in Midwest Read More

Court Rules Alabama’s MH Permit Law Illegal

In a follow-up to our story Nov. 22, USAToday reports from Alabama a federal court struck down parts of Alabama’s HB 56 that forbids illegal immigrants from conducting any business transactions with the state, which would include manufactured housing permits. U.S. Judge Myron Thompson ruled illegal immigrants cannot be denied …

Court Rules Alabama’s MH Permit Law Illegal Read More

MH Shipments Rise in Sept.

Bloomberg reports the U.S. Census Bureau says Sept. manufactured housing shipments rose to a seasonally adjusted rate of 54,000 units, an increase of 3,000 units over August 2011. Placements fell 3,000 from August, and dealer inventory gained 1,000 units, all seasonally adjusted figures. The average price of a manufactured home …

MH Shipments Rise in Sept. Read More

mas kovach mhpronews shopping with soheyla .jp

Get our ‘read-hot’ industry-leading 

get our ‘read-hot’ industry-leading emailed headline news updates

Scroll to Top
Glastrennwände
blumen verschicken Blumenversand
blumen verschicken Blumenversand
Reinigungsservice Reinigungsservice Berlin
küchenrenovierung küchenfronten renovieren küchenfront erneuern