Joe Kelly, executive vice-president of the Manufactured Housing Association of Iowa (MHAI) tells MHProNews.com a bill approved by the Senate Judiciary committee would require a community owner to provide a legitimate reason for terminating a resident or refusing to renew a lease. Introduced by state attorney general Tom Miller, it …
Republican Presidential hopeful Mitt Romney campaigned in The Villages in Ocala, Florida, the largest age restricted active adult community in the world, 55 and better, with nearly 75,000 homes spanning three counties. The Villages website depicts numerous manufactured homes among the housing options. MHProNews.com has been informed it is a …
Gingrich Would Repeal Dodd-Frank; Romney Courts MH Seniors Read More
The Recreational Vehicle/Manufactured Housing Heritage Foundation has announced to MHProNews.com its annual inductees into the RV/MH Hall of Fame to honor those who have made significant contributions to the industry. This year marks the 40th anniversary of the awards, to be held in Elkhart, Indiana, Aug. 6, 2012. The inductees …
KentonCountyFox19 tells MHProNews.com Betty C. Whitaker, of Frankfort, Kentucky, the executive director of the Kentucky Manufactured Housing Institute (KMHI), has been appointed to the High Performance Buildings Advisory Committee by Governor Steve Behsear. A measure passed by the state legislature requires all renovated and new buildings for which the sate …
HousingWire tells MHProNews.com Wednesday’s hearing before the House Financial Services Committee will feature John Bostick, Chairman of the Manufactured Housing Association for Regulatory Reform (MHARR), and president of Sunshine Homes. He will testify how HUD’s failure to implement certain provisions of the Manufactured Housing Improvement Act of 2000 has hindered …
According to the Chronicle-Express, New York’s Neighborhood and Rural Preservation Program that helps people replace aging mobile homes with energy-efficient manufactured homes may be eliminated. MHProNews.com has learned Gov. Andrew Cuomo says it will save the state $12 million. The Keuka Housing Council (KHC) in Yates County has been helping …
MHProNews.com has learned of a program in Montana to replace pre-HUD Code mobile homes with new, Energy Star-rated manufactured homes in the Great Falls area. The Sun Prairie subdivision outside Great Falls has 240 factory-built homes, many of them older models, where NeighborWorks Montana conducted an open house displaying a …
HousingWire tells MHProNews.com Consumer Financial Protection Bureau (CFPB) Director Richard Cordray, appearing before a House subcommittee, says he is examining the exclusion of smaller banks from regulations targeted at larger firms responsible for the housing crisis. He says the bureau will analyze how the rules might impact banks with assets …
CFPB’s Cordray Attempts to Allay Congressional Fears Read More
The National Association of Home Builders (NAHB) tells MHProNews.com the Government Accountability Office (GAO) reports the lack of government oversight of real estate appraisals has resulted in inaccurate home valuations. Both builders and realtors note 18-33 percent of appraisals have been inaccurate, resulting in cancellations and delays in contracts. A …
MHProNews has learned from NationalMortgageNews, former President Bill Clinton’s plan to resolve the housing crisis is for underwater borrowers to receive lowered principal and interest rates that match current valuations. Once the market recovers and the house is sold, the bank would get a portion of the sale. This would …
A report from Homeland Security Department (HSD) office of inspector general (OIG) says a 2006 congressionally mandated program to quickly develop housing for victims of Hurricane Katrina was doomed from the start. FierceHomelandSecurity tells MHProNews.com the $400 million Alternative Housing Pilot Program was to design an alternative to typical Federal …
GreenValleyNews tells MHProNews 15 new modular homes courtesy of Habitat for Humanity have begun arriving in the greater Tuscon, Arizona, area, many still looking for owners. Applicants must be first-time buyers, and are chosen based on ability to pay, need, and willingness to invest 200 hours of sweat equity in …
In his address to a packed room at the Louisville Manufactured Housing Show Jan. 12, Jason Boehlert, Vice President for Government Affairs at MHI, said manufactured housing is a good fit considering the current economic conditions, because “it’s nice to have the home of your dreams, but it’s better to …
In speaking to a packed room at the Louisville Manufactured Housing Show Jan. 12, Joe Stegmayer, CEO of Cavco/Fleetwood and MHI Chairman told attendees about the ongoing efforts of MHI to advance the Industry’s agenda in Washington. Stegmayer spoke of the critical nature of involvement by state associations, because “all …
At the Louisville Manufactured Housing Show, Jason Boehlert, Vice President of Government Affairs for MHI, responding to a question from MHProNews.com about the possibility of altering the provisions of Dodd-Frank that negatively impact the MH industry, said, “Where a lot of these measures fail in reforming Dodd-Frank is when they …
The Motley Fools’ Robert Eberhard tells MHProNews.com an investment in Berkshire Hathaway (NYSE:BRK-B) stock benefits from being a company, or stock, hand-picked by Warren Buffett. Eberhard compares it to investing in a no-loan mutual fund. The stock is less expensive than it has been recently, and Berkshire’s board has authorized …
The National Association of Home Builders (NAHB) has teamed with the National Football League Players Association (NFLPPA) to help those in need through Touchdown for Homes. “NAHB’s home builder members are honored to partner with former NFL players to provide children, families and veterans with safe, comfortable housing opportunities,” said …
According to HousingWire, Richard Cordray, the newly-appointed director of the Consumer Financial Protection Bureau (CFPB), chose Raj Date as the agency’s first deputy director. Originally the head of research, markets, and the regulations division, Date took over from CFPB architect Elizabeth Warren as special advisor to Treasury Secretary Timothy Geithner. …
According to the Harvard University Joint Center on Housing Studies, in the first half of the decade 1.3 new households formed each year, but that fell to less than one million a year since 2005. Part of that is declining immigration, but 20-30 year-olds who have been reluctant to form …
NationalMortgageNews tells MHProNews.com a survey by mortgage lender Lending Tree reveals Americans who can afford to buy homes are putting 12 percent down on average, even more where the property is more expensive. While some regulatory proposals push for down payments of 20 percent in order to be exempt from …
