Senator Mark Kirk (R-IL) is ready to tackle a huge task: reforming the Federal Emergency Management Administration (FEMA) during the post-election session of Congress. “Last week I met with tornado survivors from Washington, Illinois to discuss efforts to rebuild their community after the 2013 tornado that destroyed thousands of homes and caused …
Illinois Senator to Push FEMA Reform During Lame Duck Session Read More
Patrick Industries, Inc. (NASDAQ:PATK), one of the leaders in supplying the manufactured housing, RV and industrial markets, has announced that it expects to release its Q3 2016 financial results prior to the market open on October 27th. As Daily Business News readers are already aware, Patrick has been in the …
Patrick Industries Previews Q3 2016 Earnings Call, Webcast Read More
Zacks Investment Research cut shares of Affiliated Managers Group Inc. (NYSE:AMG) from “buy” to “hold” in a research note published on October 12th, in reports covered by The Cerbat Gem and Breaking Finance News. “Affiliated Managers has a positive record of earnings surprises in the recent quarters. Also, the estimates …
Revolution Precrafted Properties is a company that touts how they bring together over 30 of the world’s preeminent architects, artists and designers to create an exclusive series of prefab, livable spaces. The firm has announced that Simple – a Jean Nouvel Collectible Home – has been installed as part of the upcoming …
PreFab Home Installed in Two Days as Part of Global Parisian Show Read More
Measure V – a proposition on the ballot in Humboldt County, California – has generated significant interest from both inside and outside the MH industry. As Daily Business News’ Joe Dyton covered recently, Measure V proposes that: Manufactured home community owners would be permitted to raise site rents once annually, and …
Rent Control-WMA Rolls out ‘No On Measure V’ Video, Talking Points Read More
According to the Manufactured Housing Association for Regulatory Reform (MHARR) president and CEO M. Mark Weiss, the Federal Emergency Management Administration (FEMA) has issued a formal solicitation for “off the lot” manufactured homes. As the Daily Business News reported last week, The Manufactured Housing Institute (MHI) was contacted by FEMA, …
Retailer Alert-FEMA to Purchase Off-the-Lot Manufactured Homes Read More
Sun Communities Inc. (NYSE: SUI) and Equity LifeStyle Properties Inc. (NYSE: ELS) each provided preliminary assessments of the impact from Hurricane Matthew on their properties. Sun Communities reported that the bulk of any losses expected to be related to removal of damaged trees and debris cleanup and more thorough inspections …
MHC Leaders ELS, Sun – Assess Hurricane Matthew Impact Read More
Zacks Investment Research cut shares of Sun Communities Inc. (NYSE:SUI) from a “buy” to “hold” rating in a memo issued to investors on October 5th, according to The Cerbat Gem. As regular Daily Business News readers already know, Sun owns and operates 338 manufactured home and recreational vehicle communities located in …
A new video-linked to a “behind the scenes” look at manufactured housing, plus related commentary are found in a Columbus Day Masthead column. Dozens of news and special interest websites have picked up a media release that spotlights manufactured housing as the solution to the affordable home crisis that is …
New Columbus Day Report, Dozens of Media Sites Pickup on MH Read More
Strong home sales are boosting originations of Federal Housing Administration (FHA) loans, opening the door for many first-time homebuyers. According to the National Mortgage News, the strong loan volume could also portend the federal mortgage insurance agency is in line to receive a positive report this fall. “It certainly looks …
Washington, D.C, October 4, 2016 – The Manufactured Housing Association for Regulatory Reform (MHARR) reports to MHProNews that according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), manufactured housing industry production, after declining in July 2016, resumed its trend toward long-term growth …
HUD Code Manufactured Housing Production Growth Resumes, August report Read More
The Novi Home Show takes place October 14-16 at the Suburban Collection Showplace in Novi, MI. The show is a “one-stop destination” for home improvement products for every type of project, and will include landscaping exhibits and experienced businesses available to consult or for hire. The Novi Home Show will …
As Hurricane Matthew is heading on a projected track that will impact large parts of Florida, coastal Georgia and the Carolinas, public officials are forewarning that power outages will impact millions. MHProNews and MHLivingNews is headquartered in Lakeland, FL – which is among the areas that could be impacted. While …
Millions face Power Outages – MHProNews & MHLivingNews Updates Read More
The Manufactured Housing Institute (MHI) has been contacted by the Federal Emergency Management Administration (FEMA), with an “urgent request” on the availability of existing new single-section HUD Code manufactured homes for sale on retail lots within 1,000 miles of Louisiana. The Daily Business News is told that the Louisiana flood …
Northpoint Commercial Finance Director of Business Development, Jim Regan, has announced his retirement from the floor plan financing industry after 30 years of service. In addition to consistently producing the highest yielding portfolio in the company, he was also named top sales performer in 2013. Regan was one of the …
Manufactured Housing Industry Veteran Announces Retirement Read More
On October 3, 2016, the Board of Directors of UMH Properties, Inc. (NYSE: UMH) declared its quarterly cash dividend on the company’s common stock of $0.18 per share payable December 15, 2016, to shareholders of record at the close of business on November 15, 2016. The company’s annual dividend rate …
UMH Properties, Inc. Declares Common and Preferred Dividends Read More
Equity Lifestyle Properties, Inc. (NYSE:ELS) stock was down 1.74% on September 30th, hitting a price of $77.18, which has raised concerns for some traders who wonder – is part of a new pattern? According to the Press Telegraph, analysts expect earnings of $0.83 per share, which would be an increase …
ELS Shares Down, Bank of Montreal Acquires New Stake Read More
The Manufactured Housing Institute (MHI) informs MHProNews that they have elected a new board of directors at its annual luncheon on September 26th. Members voted and approved the following officers for 2017: Chairman: Tim Williams, CEO of 21st Century Mortgage Corporation Vice Chairman: Joe Stegmayer, Chairman and CEO of Cavco …
MHI announces their new Executive Committee board members, Award Winners Read More
During the depths of the great recession, the first issue of what is branded today as MHProNews was published in mid-October, 2009. The new featured articles are scheduled to appear on the MHProNews.com home page on Monday evening, 10.3.2016. Look for an all new interview, special reports and more. ## …
7th Anniversary Issue of MHProNews Schedule Announced Read More
Noteworthy headlines on CNNMoney – FUBU CEO Stop and Frisked “Maybe 20 Times. U.S.: Wells Fargo Mistreated Military Members. WSJ Columnist Calls Trump “Unstable.” Why The Federal Reserve Isn’t Political. From WSJ: Ghost of Lehman Brothers Haunts Deutsche Bank. Some bullets from MarketWatch – ‘Housing party’ in the U.S. may be coming …
