Matthew Silver

Following a 25-year career operating a custom hardwood furnishing business and occasional writing, Matthew Silver has been writing professionally for over a dozen years, six of those for the factory-built housing industry. Otherwise, he may be found performing folk music in the Indianapolis area.

Sunday Morning Recap-Manufactured Housing Industry News April 24-May 1, 2016

By / April 30, 2016 / Advocacy, Announcements, Awards, Business, Communities, Company News, Economy, Events, Factory-Built Homes, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, Modular, People, regulation, RV, Stocks, Zoning

What’s New in public focused Manufactured HomeLivingNews.com Tornadoes, Hurricanes, Conventional Housing and Manufactured Homes Video Report What’s New in Manufactured Housing Industry Professional News MHC closing in Minneapolis. CFPB constitutionality challenged. MHARR, MHI spar over DTS and chattel lending. Clayton acquires another site-built home builder. Champion expanding into Kentucky. Drew …

Sunday Morning Recap-Manufactured Housing Industry News April 24-May 1, 2016 Read More

Champion Homes Expanding Operations in Kentucky

By / April 29, 2016 / Business, Company News, Factory-Built Homes, Manufactured and Modular Housing News, Manufactured Homes, Modular

Champion Home Builders will invest $6.3 million in a manufacturing plant in Benton, Kentucky, leasing a 100,000 square foot facility and create up to 150 jobs for production of manufactured homes, according to kyforward. As encouragement to the investment in the community, the Kentucky Economic Development Finance Authority has initially …

Champion Homes Expanding Operations in Kentucky Read More

Manufactured Home Community Closing in Minneapolis

By / April 30, 2016 / Announcements, Business, Communities, Company News, Factory-Built Homes, Manufactured and Modular Housing News, Manufactured Homes

The Lowry Grove manufactured home community (MHC) in St. Anthony, Minnesota, will be closing in a year for redeveloping, as startribune informs MHProNews. The 15 acre community with 97 factory-built homes, some pre HUD Code, follows a string of MHC closings in the northern Minneapolis metropolitan area. According to Metropolitan …

Manufactured Home Community Closing in Minneapolis Read More

Clayton Acquires another Site-built Home Builder

By / April 29, 2016 / Announcements, Business, Company News, home buyers, Manufactured and Modular Housing News, Manufactured Homes

MHProNews has learned from builderonline that manufactured housing giant Clayton Homes has acquired Goodall Homes of Gallatin, Tenn. as it increases its mark on the site-built home industry, having purchased site home builder Chafin Communities of Georgia last fall. Goodall has been building single-family homes, townhomes and condominiums since 1990, …

Clayton Acquires another Site-built Home Builder Read More

Louisiana Pacific Gains more than other Stocks, +2.47%; UFPI ends the week Down -5.94%

By / April 29, 2016 / Business, Manufactured and Modular Housing News, Stocks

In the news from CNNMoney: NASDAQ ends week with 2.7 percent loss. $458 billion in taxes go unpaid every year. Atlantic City about to slip into default. At 2,608 days, the market upswing is second longest bull market in U. S. history. Australia intends to block purchase of huge ranch …

Louisiana Pacific Gains more than other Stocks, +2.47%; UFPI ends the week Down -5.94% Read More

federal_housing_finance_agency__logo

MHARR, MHI Spar over FHFA & Duty To Serve Manufactured Housing via GSE Chattel Lending

By / April 29, 2016 / Advocacy, Business, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, regulation

On April 26, 2016 the Federal Housing Finance Agency (FHFA) held a roundtable discussion with manufactured housing industry leaders, inviting those who commented on the proposal, to get their input on the FHFA’s proposed “Duty to Serve” rule, according to the Manufactured Housing Institute‘s (MHI) Housing Alert to MHProNews. Lesli …

MHARR, MHI Spar over FHFA & Duty To Serve Manufactured Housing via GSE Chattel Lending Read More

Murdoch’s Barron’s Reports Incorrect Info about Manufactured Home Industry

By / April 29, 2016 / Business, Company News, Factory-Built Homes, Manufactured and Modular Housing News, Manufactured Homes, mobile home, Modular, Stocks

Writing in barrons, Teresa Rivas says shares of manufactured and modular home builder Skyline Corp. have risen because of a case of mistaken identity: Sky TV is billionaire publisher Rupert Murdoch’s entertainment company, which announced in early March it was launching a new TV channel in the British Isles. Skyline …

Murdoch’s Barron’s Reports Incorrect Info about Manufactured Home Industry Read More

Drew Drawing a Bead on Overseas Markets?

By / April 28, 2016 / Announcements, Business, Canada, Company News, Manufactured and Modular Housing News, Manufactured Homes, RV

MHProNews has learned that Elkhart, IN-based Drew Industries, Inc. announces the refinancing of its revolving credit facility from its current $100 million that will expire in Jan. 2019, to $200 million, led by JPMorgan and Wells Fargo. The company had nothing outstanding against the $100 million at the close of …

Drew Drawing a Bead on Overseas Markets? Read More

Stop-work Order Leads to Uncertain Future of Factory-built Home

By / April 29, 2016 / Factory-Built Homes, home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes, mobile home, Modular, Zoning

Eight months after issuing a stop-work order on what was said to be a modular home due to an ordinance violation in the Ward Ridge area of Port St. Joe, Fla., the order remains in effect and the home sits unoccupied, on wheels, and falling over. Owned by Robert Mike, …

Stop-work Order Leads to Uncertain Future of Factory-built Home Read More

Patrick Ind. Reports Revenue Increase of 25 percent for Q1

By / April 28, 2016 / Announcements, Business, Company News, Manufactured and Modular Housing News, Manufactured Homes, RV

For the first quarter of 2016, manufactured home (MH) and recreational vehicle (RV) component supplier Patrick Industries, Inc. (NASDAQ:PATK) reports sales increased $55.2 million, 25 percent, from $223.4 million to $278.6 million, largely attributable to a 25 percent increase in revenue from the RV industry. Revenue from the MH industry …

Patrick Ind. Reports Revenue Increase of 25 percent for Q1 Read More

All Tracked, MH-related Stocks Drop, or remain even, with Patrick leading the Downward Charge

By / April 28, 2016 / Business, Manufactured and Modular Housing News, Stocks

In the news from CNNMoney: Amazon stock soars as earnings beat forecasts. Confidence in U. S. economy plunges. Delta buys 75 new Bombardier jets. Facebook will someday be worth $1 trillion. The CEO of Priceline is out following affair with employee. Billionaire Apple investor Carl Icahn dumped his Apple stock, …

All Tracked, MH-related Stocks Drop, or remain even, with Patrick leading the Downward Charge Read More

Video Proves Manufactured Homes Tougher than Comparable Site-built Homes

By / April 28, 2016 / Advocacy, Events, Manufactured and Modular Housing News, Manufactured Homes

If you find yourself in the path of a major storm during the peak turbulent weather season, you might be better off in a manufactured home (MH) than in your bathtub or basement or stick-built home. While conventional wisdom has long held that “mobile homes” are dangerous during such storms, …

Video Proves Manufactured Homes Tougher than Comparable Site-built Homes Read More

Challenges to CFPB Constitutionality could Create Financial Havoc?

By / April 30, 2016 / Advocacy, Business, Finance, Legal, Legislation, Manufactured and Modular Housing News, regulation

Writing in nationalmortgagenews, Craig Nazzaro says there are two significant court cases now challenging the authority and structure of the Consumer Financial Protection Bureau (CFPB), both of which would have been avoided had the agency been established with a five-member commission to operate it, not a czar, and with congressional …

Challenges to CFPB Constitutionality could Create Financial Havoc? Read More

City Unanimously Approves Manufactured Home Siting

By / April 27, 2016 / Legal, Manufactured and Modular Housing News, Manufactured Homes, People, Zoning

The Corsicana (TX) City Council unanimously approved a request from Thomas Douglas to site a manufactured home on property he owns on East Third Ave., as the corsicanadailysun informs MHProNews. “I have other property in town, but I cannot put a manufactured home on it,” said Douglas to the council. …

City Unanimously Approves Manufactured Home Siting Read More

Modular Builder in Iowa may Re-open with New Owner

By / April 27, 2016 / Announcements, Business, Company News, Factory-Built Homes, Manufactured and Modular Housing News, Modular

Doug Stimpson, General Manager of All American Homes in Dyersville, Iowa, said the majority of the 75 workers have been laid off pending the sale of the modular home business to another owner, according to thonline. “We have a buyer who has paid a deposit of $1 million to purchase …

Modular Builder in Iowa may Re-open with New Owner Read More

Kentucky Manufactured Housing Institute Awards Scholarship

By / April 27, 2016 / Announcements, Awards, Manufactured and Modular Housing News, Manufactured Homes, People

MHProNews has learned from owentonnewsherald the Kentucky Manufactured Housing Institute (KMHI) has announced Sparta, Kentucky resident Arielle M. Columbia has been named as a 2016 KMHI Scholarship Award recipient. She received one of five $1,000 scholarships awarded to graduating high school students who currently live in manufactured housing in KY. …

Kentucky Manufactured Housing Institute Awards Scholarship Read More

Patrick Ind. Gains the Most of MH-related Stocks

By / April 27, 2016 / Business, Manufactured and Modular Housing News, Stocks

In the news from CNNMoney: Fed says no interest rate hike yet. FBI will not tell Apple how it hacked terrorists’ iPhone. Venezuela orders two-day work week to save energy and electricity. America’s earnings recession just got worse. Legal marijuana sales tripled in 2015. U. S. Steel says China is …

Patrick Ind. Gains the Most of MH-related Stocks Read More

Rezoning Requests Approved for MH and RV sites

By / April 27, 2016 / Business, Legal, Manufactured and Modular Housing News, Manufactured Homes, RV, Zoning

Following a story MHProNews posted July 24, 2015 regarding the need for workforce housing in southwest Louisiana where up to 54,000 workers will build an ethane cracker and gas-to-liquid facility, americanpress reports Calcasieu Parish officials are dealing with multiple requests to accommodate recreational vehicles (RV) and manufactured homes (MH). At …

Rezoning Requests Approved for MH and RV sites Read More

Manufactured Home Community Closing, Relocation Resources Available

By / April 27, 2016 / Business, Communities, Company News, Legal, Manufactured and Modular Housing News, Manufactured Homes, People

Shady Acres manufactured home community (MHC) in Kittitas County, Washington will be closing after the county agreed to buy the property for $1.45 million to expand recreational vehicle (RV) parking at the Kittitas Valley Event Center, according to information supplied MHProNews by dailyrecordnews. Once the sale is finalized the residents …

Manufactured Home Community Closing, Relocation Resources Available Read More

Country Cousin Obtains a Fannie Mae Refi Loan

By / April 26, 2016 / Business, Communities, Company News, Finance, Manufactured and Modular Housing News, Manufactured Homes

Damon Reed of Capital One has engineered a Fannie Mae $4.7 million fixed-rate refinancing package for a 309 home site manufactured home community (MHC)in Novi, Michigan, about 30 miles northwest of Detroit. Built in two phases, 212 sites of Country Cousin Manufactured Home Community were constructed in 1966, and 99 …

Country Cousin Obtains a Fannie Mae Refi Loan Read More

mas kovach mhpronews shopping with soheyla .jp

Get our ‘read-hot’ industry-leading 

get our ‘read-hot’ industry-leading emailed headline news updates

Scroll to Top