According to HousingWire.com, the Detroit Office of Foreclosure Prevention and Response (DOFPR), in conjunction with law firm Potestivo & Associates, initiated a program last November allowing homeowners who have lost their homes in foreclosure to remain in their homes. The initial outreach was too late in the foreclosure process to be effective, […]
Program Allows Foreclosed Michigan Occupants to Remain Read More
Over the past twelve years, the manufactured housing industry has been decimated. Every segment of the industry has felt the pain as production has tanked, plants have closed and jobs have disappeared. The impact has been no less harsh for consumers — particularly lower and moderate-income families — many of whom have seen their dreams of home-ownership erased by the same factors propelling the industry’s decline. Through good economic times and bad, while the market for other types of housing has been up and down, the trajectory of the HUD Code industry for over a decade has gone in one direction — downward.
A Golden Opportunity for Industry Recovery Read More
Attached is a copy of a HUD proposed rule to amend Subpart I (Consumer Complaint Handling and Remedial Actions) of the Procedural and Enforcement Regulations, published in the Federal Register on February 15, 2011. It is important that you carefully review this proposed rule with your regulatory, technical and legal personnel for any possible input, as MHARR will be submitting comments to HUD on behalf of manufacturers. In addition, both this proposal and MHARR’s analysis of its elements and potential impact will be fully addressed at MHARR’s upcoming meeting in Tunica, Mississippi. Written comments on the proposed rule are due on or before April 18, 2011.
HUD Publishes Proposed Subpart I Rule Read More
Setting up a manufactured home in the parking lot of a big-box retailer like Target, Costco or Ikea is not a new idea, but a presentation at the recent meeting in Washington of the Urban Land Institute Manufactured Housing Communities Council adds some additional components that may help go beyond
Marketing Plan Would Reintroduce Homes, Help Overcome Stigma Read More
Consensus Committee Charter Changes Challenged Those attending the Manufactured Housing Consensus Committee in October found out HUD had altered the committee’s charter earlier this year without input from the committee. Outgoing committee chair and executive director of Manufactured Housing Communities of Arizona, Susan Brenton, told MHMSM.com that HUD made the
Consensus Committee Charter Changes Challenged 111110 Read More
Housing Price Drop Could Fall Another Eight Percent CNN reports housing prices could fall another eight percent. Problems facing housing include a weak economy, sluggish hiring, tight mortgage underwriting, falling home prices, slowing sales and the potentially disastrous number of foreclosures that may occur over the coming years. Adding 8
Housing Price Drop Could Fall Another Eight Percent 110210 Read More
For the second time this year, the Manufactured Housing Consensus Committee (MHCC) convened in Arlington, VA on October 27-28. During the two day meeting, the full MHCC and its subcommittees considered numerous proposals to update the Manufactured Housing Construction and Safety Standards, listened to testimony from the public, and participated
MHI Participates in MHCC Committee this Week Read More
NAR Affirms Housing Recovery Begins Existing-home sales rose again in September, affirming that a sales recovery has begun, according to the National Association of Realtors. Existing-home sales jumped 10 percent to a seasonally adjusted annual rate of 4.53 million in September from a downwardly revised 4.12 million in August, but
NAR Affirms Housing Recovery Begins 102610 Read More
MHMSM.com presents Factory Built Housing Industry News at Noon with Erin Patla. We begin with these stories: Executive Housing at Affordable Prices Fox News reported Texas Democratic gubernatorial candidate Bill White announced Wednesday his first executive decision as governor would be to trade his $2.1 million mansion for a manufactured
Home Built in a Day Surprises Neighbors Read More
Executive Housing at Affordable Prices Fox News reported Texas Democratic gubernatorial candidate Bill White announced Wednesday his first executive decision as governor would be to trade his $2.1 million mansion for a manufactured home. “It will start when I move, on the first day that I’m sworn into office, out
Executive Housing at Affordable Prices 102210 Read More
