Government-sponsored enterprise Freddie Mac is partnering with Louisville-based housing intermediary Next Step Network and three non-profit housing counseling agencies to initiate an online housing education curriculum. According to Mortgage Professional America, the goal is to increase the number of mortgage-ready manufactured home buyers in Kentucky. The program will team up …
In an interview with the Washington Examiner, Republican National Committee chairwoman Ronna Romney McDaniel sounded an alarm that the GOP does not get moving on its agenda in Congress, it runs the risk of being moved out. “It’s hard to win if you don’t govern. If you make these promises, …
Dems Return to the Drawing Board as the GOP Pursues its Agenda Read More
Noteworthy headlines on CNN Money: Rising global fears challenge Wall Street. Netflix nears 100 million subscribers. Fed: Tearing up NAFTA would hurt U. S. firms. China’s economy is picking up steam. Some bullets from Fox Business: Which state sends most taxes to D.C. Hint: It’s not a state. Facebook violence …
Patrick, LPX Lead and Skyline Recedes, Broader Markets Up, MHCV Drop Read More
MHProNews has learned from TheRealDeal that Washington, D. C.-based Carlyle Group, one of the world’s largest investment firms with over $178 billion of assets, according to its website, has added 437-homesite Royal Manor Mobile Home Estates in Boynton Beach, Fla. to its portfolio of MHCs. Financing the deal with a $26.4 …
Carlyle Group Adds to its Manufactured Home Community Portfolio Read More
Thousands of manufactured housing professionals – along with several million manufactured home owners – join with citizens from coast-to-coast in the final mad dash to complete and file their 2016 income tax returns by the midnight, April 18, 2017 deadline. Thus MHProNews is hereby providing key facts from a variety …
An Honorary Lifetime member of the Indiana Manufactured Housing Association (IMHA) and the Manufactured Housing Institute (MHI), Ralph Pardieck, of Seymour, Indiana passed away at age 88, Friday, April 7. A self-made businessman, he and his wife, Ruth, founded the Village Green Manufactured Home Community, and also established a winery, …
The doors Spring open at the Tunica Manufactured Home Show Tuesday, March 28 at 12:45 PM as attendees are greeted by SCMHI executives. Seminars kick off promptly at 1:00 PM as Frank Rolfe, one of today’s most publicized personalities in the world of manufactured housing, sparks the Getting Positive Media …
Longtime Texas Manufactured Housing Association (TMHA) member Brian R. Kirby, 62, passed away March 4, 2017 at his home in Heath, Texas surrounded by his family after a courageous battle with cancer. Brian and his wife Deborah began Magnum Home Service in Heath 33 years ago and operate the business …
Reza Dormanesh, father of Soheyla Kovach, died today in Tehran, Iran. He was undergoing cancer treatment. He was 83. Dormanesh was involved for most of his adult life in the building trades, after serving in the military. He made his daughter Soheyla’s university education possible, and later assisted …
Passages: Reza Dormanesh, father of Soheyla Kovach Read More
All U. S. stock markets are closed today in observance of President’s Day, which is celebrated the third Monday of February each year, paying tribute to our first president, George Washington. Abraham Lincoln was born in February, and thus the holiday honors him as well. Among the top ten quotes …
The town of Faro in the Yukon Territory of Canada wants to move the factory-built homes from land it owns in order to develop a recreational vehicle park, much to the consternation of residents who assert some of their homes are too old to move, according to what cbc.ca tells …
Canadian Town wants Factory-built Home Site for RVs Read More
“I think one of the challenges we have as an industry is that there is not enough positive news about manufactured housing to counter the negative.” – Darren Krolewski, Executive Vice President MHVillage/DataComp, in response to blog post by Manufactured Home Community sector maverick, Frank Rolfe. “As for Frank, he takes …
Frank Rolfe Blasts MHI for Poor Media Engagement, Industry Reactions Read More
It was a day of Pomp, Circumstance and President Donald J. Trump’s signing of his first executive orders. The White House tells the Daily Business News that having been confirmed by the U.S. Senate, Trump signed government commissions making Marine Corps Generals James ‘Mad Dog’ Mattis the Secretary of Defense …
Pomp and POTUS Trump First Executive Orders, MH Reaction Read More
Enerdynamic Hybrid Technologies Corp. (EHT) of Toronto, Ontario, Canada has signed a letter of intent to build 50,000 modular homes in Ivory Coast for military families, according to what Baystreet.ca tells MHProNews. Maple Leaf Holdings SA, of which EHT is a shareholder, will construct two, three and four bedroom homes …
Canadian Modular Home Builder Gains Foothold in African Market Read More
The National Federation of Independent Businesses’ (NFIB) small business optimism index rose from 94.9 to 98.4 in the wake of president-elect Donald Trump’s victory in the U. S. elections, marking the largest increase since 2009. “This month we bifurcated the data to measure the results before and after the …
Business Optimism Rises with Trump’s Ascendancy, as Energy Issues take Center Stage Read More
Although an article in The Advocate from Oct. 16, 2016 states Federal Emergency Management Agency (FEMA) manufactured housing units (MHUs) targeted to survivors of flooding in August in Louisiana cost around $100,000 to build, transport and install, a current article in the same publication states FEMA is paying $129,200 for …
The Costly Crawl of Bureaucracy: FEMA at its Finest? Read More
“The USC Dornsife/Los Angeles Times “Daybreak” poll tracks about 3,000 eligible voters until election day, asking on a regular basis about their support for Hillary Clinton, Donald Trump or other candidates as well as their likelihood of actually casting a ballot.” So says the LA Times in their politics polling …
“When the distracting spectacles of this election season are over and the history of our time is written, the only important question will be whether or not that New Politics came too late,” said billionaire Peter Thiel, whose tech investments include Facebook and PayPal. Addressing the National Press Club about …
CEO of Drew Industries, Inc., Jason Lippert sold 10,000 shares of the stock in a transaction Aug. 18, 2016 at an average price of $99.93 for a total value of $999,300.00, which leaves him with 145,485 shares of company stock valued at $14,538,316.05. Citigroup, Inc. raised their target price on …
Millions in Insider Trades at Drew and Patrick Industries Read More
MHProNews has learned from telegraph.co.uk that modular construction of homes in the United Kingdom (UK) may be key to hit their government’s target of constructing 200,000 homes per year to alleviate the severe housing shortage, and attain the one million mark by 2020. Last year only 142,890 homes were built …
From Factory Floor to Finished Flat: Modular Homes Seen as Key Housing Shortage Read More
