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.

Housing Counseling Grants to go on Bidding Block

The U.S. Department of Housing and Urban Development (HUD) announces $40 million in grants for housing counseling will be awarded competitively to HUD-approved counseling agencies and State Housing Finance Agencies across the country. Topics include avoiding foreclosure and mortgage scams, improving credit score, purchasing or renting a home, and qualifying …

Housing Counseling Grants to go on Bidding Block Read More

Ice Fish Houses Scale Up

StarTribune reports ice fishing accommodations have moved well beyond the unheated wood shacks set over a hole in the ice that you see in old movies. Displays at the St. Paul Ice Fishing and Winter Sports Show in St. Paul, Minnesota, include factory-built ice cabins as big as a small …

Ice Fish Houses Scale Up Read More

MH Registration Deadline Moved to Dec. 31

In a follow-up to a story we published Nov. 30, MontgomeryAdvertiser reports from Alabama some state probate officials continue to impede registration of manufactured homes belonging to undocumented aliens despite a federal court issuing a temporary restraining order through Dec.7 blocking that part of the Alabama law. Section 30 of …

MH Registration Deadline Moved to Dec. 31 Read More

Promotions at Clayton Homes

KnoxNews reports Jerry Creel, formerly vice president of human resources and training for Clayton Homes’ retail division, has been promoted to vice president of human resources and talent at the manufactured housing company in Maryville, Tennessee. Carl Hill has been promoted to director of marketing and consumer insights, having previously …

Promotions at Clayton Homes Read More

New Addition to the Manufactured Housing Industry

Amber and Kristopher Monte are pleased to announce the arrival Nov. 21, 2011, of their newborn son, River Edward Monte, weighing in at 7.5 lbs, 20 inches long. Amber Monte is the Chief Operating Officer (COO) of Investment Property Group, a private real estate investment firm that owns and operates …

New Addition to the Manufactured Housing Industry Read More

Number of Loan Officers Increasing

NationalMortgageNews states, according to the Bureau of Labor Statistics, mortgage brokerage firms added 1,500 workers to their rosters in October. Employment in the mortgage/broker sector reached 236,500. The National Mortgage Licensing System reports the number of state-licensed loan officers rose 6,470 in Q3 to 113,350, suggesting former loan officers are …

Number of Loan Officers Increasing Read More

Dow Loses a Little Ground; Palm Harbor Spikes 33.33 Percent

CNNMoney reports the Dow Jones Industrial Average rose nicely in early morning trading, but fell as worries about the European debt crisis tempered investors’ ardor. The Dow managed to stay above the 12,000 mark, losing just -0.61 points, -0.01 percent, to close at 12019.42. The Yahoo! Finance Manufactured Housing Composite …

Dow Loses a Little Ground; Palm Harbor Spikes 33.33 Percent Read More

FHA Monthly Report

OriginationNews reports seriously-delinquent mortgages (90 days or more out) through the Federal Housing Administration (FHA) increased October over Sept. by 0.03 percent to nine percent, the highest number since Feb. 2010. FHA-endorsed single-family loans declined in October three percent from the previous month, to $15.7 billion, and lending to homebuyers …

FHA Monthly Report Read More

Mortgage Delinquency Tied to Health Problems

InsuranceNetNews reports an article in the American Journal of Public Health describes a Health and Retirement Study that concludes there is a relationship between mortgage delinquency and ill health. The 2006-2008 study of persons 50 and older found because people so identify with their homes, the potential loss of the …

Mortgage Delinquency Tied to Health Problems Read More

Modular Cubes: New Disaster Relief Housing?

GizMag reports on a new Italian modular home concept with modules that easily hook together to provide housing for virtually an endless number of people, especially useful during disaster relief. Similarly, a series of cubes could be configured to make a single-family home with the usual household amenities in each …

Modular Cubes: New Disaster Relief Housing? Read More

Park Girl Parked in Jail

WKRV-TV in Rio Grande Valley, Texas, says Jo Leigh Ares has re-surfaced a month after four charges of felony theft were filed against her for allegedly taking deposit money from customers for manufactured homes that were not delivered. The owner of Park Girl Mobile Homes in La Feria turned herself …

Park Girl Parked in Jail Read More

Modular Numbers Edge Down

The Manufactured Housing Institute (MHI) states the National Modular Housing Council reports 3,544 new modular homes were shipped in the third quarter of 2011, a loss of two percent from the same quarter 2010. When compared to Q3 2010, state shipment numbers show six states had increased shipments,18 states saw …

Modular Numbers Edge Down Read More

Building Small Modular Homes Trains Students for Careers

WoodworkingNetwork reports that students at Ranken Technical College in St. Louis, Missouri, build small modular homes, called Tumbleweed Homes, with a footprint of 100 square feet in their first year in the workshop. The homes are sold and the proceeds are used to buy materials for the next set of …

Building Small Modular Homes Trains Students for Careers Read More

Housing Recovery: Around the Corner?

HousingWire reports Radar Logic, which tracks home values in 25 metropolitan areas, says while home prices fell 4.4 percent for the year ending September 2011, the survey shows home sales increased 15.4 percent in those markets year-over-year in Sept., the largest gain for the month of Sept. since 2003. Michael …

Housing Recovery: Around the Corner? Read More

Sun Asks for Variances at Cider Mill Crossings

WHMI in Livingston, Michigan, west of Detroit, reports the Tyrone Township Planning Commission approved zoning changes for Cider Mill Crossings MHC, recently purchased by Sun Communities, Inc. at a tax sale for just over $400,000. The previous owner left some projects short of completion before filing bankruptcy, and Sun asked …

Sun Asks for Variances at Cider Mill Crossings Read More

Congressional Committee asks for GAO Probe of HUD MH Program

MHProNews has received a communique from the Manufactured Housing Association for Regulatory Reform (MHARR) noting a copy of a letter on the stationery of Rep. Spencer Bacchus (R-Ala.), Chairman of the House of Representatives Financial Services Committee, and Rep. Barney Frank (D-Mass.), Ranking Member of the Committee. The letter is …

Congressional Committee asks for GAO Probe of HUD MH Program Read More

Blu Going Green in Bay Area

SFGate reports a Massachusetts company is opening a factory on Vallejo’s Mare Island at the site of a former naval base just north of San Francisco. Close to the port of Oakland, and drawing on a nearby workforce of people skilled in home construction and high tech manufacturing, Blu Homes …

Blu Going Green in Bay Area Read More

Dow Edges Down, Palm Harbor Booms Up

CNNMoney reports the Dow Jones Industrial Average traversed a rocky road in today’s trading, finally losing 25.65 points, to close at 12,020.03, a loss of -0.21 percent, as investors continue to worry about the European debt crisis. The Yahoo! Finance Manufactured Housing Composite Value lost a little more, -2.05 percent, …

Dow Edges Down, Palm Harbor Booms Up Read More

Bailout Net to Catch FHA?

NationalMortgageNews states the robo-signing scandal has led to such a tight pipeline in the foreclosure process that only 10,000 a month are being processed by FHA (Federal Housing Authority)-approved servicers, but that will clear as the agency pays for a surge on defaulted loans. FHA paid $14.9 billion in fiscal …

Bailout Net to Catch FHA? Read More

MHARR Pans Field Hearing: HUD is the Bigger Hurdle

The Manufactured Housing Association for Regulatory Reform (MHARR) participated in the House of Representatives Financial Services Committee’s field hearing on “The State of Manufactured Housing” held in Danville, VA Nov. 29, 2011, submitting written testimony on the need for congressional oversight of the Housing and Urban Development (HUD)’s manufactured housing …

MHARR Pans Field Hearing: HUD is the Bigger Hurdle 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