The U. S. news this week was dominated by the flooding that ravaged Texas, leading to the loss of some 30 lives, 4,000 damaged homes and millions of dollars in damages. In manufactured housing news, residents at an MHC threaten to move because of high utilities, UMH acquires another MHC, one town unsure of MH ordinances, an NC county demolishes abandoned MHs, an MHC in WA is closing, Florida refurbishes old MH for homeless, and Wisdom Homes offering land/home deal. In stocks, the MHCV gained most of the week while two Drew principals unloaded shares, and Patrick splits stock. Modular is growing in Europe, on U. S. tribal lands and to house homeless. Former Ginnie Mae head cautions about dismantling the GSEs, while skeletons rattle in Sen. Warren’s closet as GA Senator tries to harness CFPB.

Saturday, May 30, 2015

Recyclable Mini House Assembles in Two Days

Friday, May 29, 2015

Another Drew Principal Unloads Stock

Factory-built Homes more Prevalent in Scandinavia and Japan

MHCV Moves Up; Dow, Nasdaq, S&P 500 Move Down

Manufactured Home Community Residents Balk at Utilities Increase

Modular Homes Constructed on Tribal Land

Senator Elizabeth Warren Flipped Houses

Thursday, May 28, 2015

Tiny Homes for the Homeless

MHCV Outpaces the Dow; Most Tracked Stocks Gain

UMH Continues Expansion Plans

Pending Home Sales Continue Rising

Plans for Modular Housing Moving Forward

ATRM Projects Improved Operations from its Modular Production

Wednesday, May 27

County Receives Funding to Demolish Abandoned Manufactured Homes

City Undecided about Manufactured Home Ordinance

MHCV, most Manufactured Housing Stocks Advance in Today’s Trading

Wisdom Homes Offering Land-Home Package Deal for Manufactured Homes

Idle Wheel Mobile Home Park Rolls to a New Owner

Before you Dismantle Fannie Mae, Freddie Mac and Ginnie Mae………

Tuesday, May 26

Modular Smart Home Controlled by Smart Phone

Patrick Industries Finalizes Acquisition of Structural Composites

Dow, Nasdaq, and S&P 500 Tumble on Fears of Rate Hike

Georgia Senator Introduces Measure to Harness CFPB

Manufactured Home Owners have One Year to Move

Monday, May 25

Modular Containers Spreading to Multiple Uses

Manufactured Housing Component Supplier Patrick Splitting Stock

Old Manufactured Homes and Tiny Homes address the Florida Homeless

U. S. Stock Markets Closed Today

Drew President Unloads Shares

3D Structure offers Quick and Economical Assemblage during Catastrophe ##

(Image credit: MHProNews)

Article submitted by Matthew J. Silver to Daily Business News-MHProNews.