In a story that the Daily Business News has followed closely, mortgage company PHH is taking its battle with the Consumer Financial Protection Bureau (CFPB) to a new level. According to HousingWire, the company is asking the Court of Appeals for the District of Columbia Circuit to not simply declare …
In a recent meeting with community bankers from around the country, President Donald Trump said that reducing Dodd-Frank regulations would benefit Small and Medium Enterprises (SMEs) that are struggling to get access to financing. According to Pymnts, in the March 9th meeting, which also included National Economic Council Director Gary …
New data from Redfin shows that more consumers than ever before are in the market for a home. While sales are picking up, new home construction is well below levels prior to the recession of 2008. Could manufactured housing be the solution? According to National Mortgage News, there are key …
Constraints on New Home Construction – Is MH the Answer? Read More
The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews that it has formally called upon the Secretary of the U.S. Department of Energy (DOE), Gov. Rick Perry, to withdraw its proposed manufactured housing energy rule. MHARR says that the proposed rule is “rooted in climate change activism and advanced …
MHARR to Secretary Perry: Withdraw Unnecessary MH Energy Rule Read More
Our theme for this month is The Manufactured Housing Industry’s March Madness, and our featured articles are now live on the MHProNews.com home page. To see the line-up of over three dozen featured articles for this month, along with the headline commentary, please click the link above. Manufactured, modular and prefabricated home professionals …
A new survey from the National Association of Realtors (NAR), shows some rather interesting statistics, and opportunities for the manufactured housing industry. According to Furniture Today, the 132-question survey, as a part of the 2017 Home Buyer and Seller Generational Trends study, showed that “Generation X” households are buying more …
For President Donald Trump, the news regarding jobs made for a great morning. “U.S. private sector job creation surging with nearly 300k created last month. Much more than expected!” tweeted Trump. Today’s report from global payroll firm ADP provides the first look at hard figures from the President’s first full …
Jobs Go Boom: Employment Numbers Show Trump Effect Read More
The Ohio Manufactured Homes Association (OMHA) tells MHProNews that the Ohio General Assembly House of Representatives Finance Committee is currently reviewing proposed language in House Bill 49. The bill proposes to abolish the Ohio Manufactured Homes Commission, delivering a potentially devastating setback to the industry in the state. If the …
Ohio Manufactured Homes Association Calls for Help Read More
Washington, D.C., March 6, 2017 – The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews that, according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), year-over-year manufactured housing industry production increased substantially during January 2017. These just-released statistics indicate that HUD …
HUD Code Manufactured Home Production Increases, January Report Read More
The Manufactured Housing Institute, and its president and CEO, Richard A. Jennison, are required as a tax-exempt organization to keep and file certain records. One of those reports was obtained by MHProNews, and is attached herein. MHI’s organizational mission statement as obtained from GuideStar, reads as follows. MISSION STATEMENT “Improve …
As we enter the month our theme is The Manufactured Housing Industry’s March Madness, and our featured articles are now live on the MHProNews.com home page. To see the line-up of over 2-dozen featured articles for this month, along with the headline commentary, please check out the Masthead blog on Tuesday …
In Belgrade, Montana, the Human Resource Development Council (HRDC) has looked to modular housing as a solution to what the organization calls “immense affordable housing needs.” According to Belgrade News, the HRDC will add 20 small modular homes to land that they already own. “The soon-to-be housing development will be …
The Senate, in a 58-41 vote Thursday, has confirmed Dr. Ben Carson to be the next Secretary of the U.S. Department of Housing and Urban Development (HUD). Carson’s nomination was approved by a bi-partisan majority of the Senate Banking, Housing and Urban Affairs Committee in a vote on January 24, …
Ben Carson Confirmed as HUD Secretary, MHI and MHARR Commentary Read More
The report is in from the National Association of Realtors (NAR). According to Housing Wire, insufficient supply levels and contract activity in the West and Midwest decreased, bringing down pending home sales to their lowest level in a year. The Pending Home Sales Index is a “forward looking indicator,” based …
First, a programming note. The new Featured Articles in the March issue of MHProNews will go live on the home page this weekend. Next… As you can read on the Masthead, in the wake of the death of my wife’s father Tuesday, the Manufactured Housing Institute’s (MHI) President and CEO, …
Washington, D.C., February 28, 2017 – The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews that Executive Orders issued by President Trump within the past thirty days provide an unprecedented opportunity for the federally-regulated manufactured housing industry and American consumers who rely upon manufactured homes. The orders, says MHARR, …
MHARR: President Trump’s Actions Offer Major Opportunity for MH Industry and Consumers Read More
With mortgage rates now beginning to move, those in the market felt the first effects of rising rates in December. According to Housing Wire, information from First American Financial Corp., a provider of title insurance, settlement services and risk solutions for real estate transactions, shows that the company’s price index …
“The road to hell is paved with good intentions.” – American Maxim. “Why not half-a-million [new manufactured homes sold annually]? We can get there.” – Richard “Dick” Jennison, president and CEO, Manufactured Housing Institute (MHI). “James McGee and Chet Murphree said it very well on a video, it’s …
Weaponized, Faked News Harms Manufactured Housing Homeowners, Professionals Read More
As we wrap up the month of February, our featured articles are on the MHProNews.com home page. This month’s theme? Frank, Frustrations and Free Enterprise February in MHLand, 2017. To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, please click the link …
The January U.S. home sales report is out and shows that sales have reached their highest level in a decade, despite limited supply and rising prices. According to The Real Deal, deals on previously owned homes, which comprise the overwhelming majority of U.S. sales, hit a seasonally adjusted annual rate …
