In a story that MHProNews covered first in manufactured housing, Jim Clayton, Founder and Chairman of Clayton Bank and Clayton Homes, confirmed the “merger” of Clayton Bank and Trust and American City Bank (collectively “Clayton Banks”) and FB Financial Corporation (NYSE: FBK), in a deal valued at $284.2 million. This …
Jim Clayton Exclusive on Clayton Bank/FirstBank Merger to MHProNews Read More
In a release to MHProNews, Security Mortgage Group’s Managing Director, Gerard D. DiMarco, Jr. informs the manufactured housing industry’s Daily Business News that the firm has secured 30 million dollars in lending for new and existing clients. As regular readers of the Daily Business News know, Security Mortgage Group is a four-time …
January Manufactured Home Community Loans, 30 Million Dollars by Security Mortgage Group Read More
MHProNews has been told by an informed source that an announcement for a change is coming with a manufactured housing industry connected lender. That announcement, our source says off-the-record, will be coming as soon as Monday. This comes on the heels of another announcement, that Clayton Bank could be acquired …
Informed sources tell MHProNews.com that December 2016 industry production report “just came in.” The total new HUD Code manufactured home shipments for 2016 is 81,136. That compares to 70,544 in 2015. That represents the highest totals since 2009. A more detailed report will be planned for the Daily Business News, …
2016 Manufactured Housing Production Totals are In Read More
The new February 2017 featured articles on MHProNews are scheduled to appear on the home page on or before 2.4.2017. Look for articles on finance, legal, communities, production, sales, image, marketing, inspiration, events, and other topics. As regular MHProNews readers know, the featured articles module appears below the Daily Business …
February 2017 MHProNews, New Issue Schedule, Update Read More
“The manufactured homes chattel lending market poses challenges and risks for the enterprises” – FHFA statement in its request for comments on the Government Sponsored Enterprises (GSEs) Duty to Serve Manufactured Housing. “This is a great opportunity for consumers of affordable housing to have additional lending options…” – Cody …
“An Elephant Ass,” Understanding GSEs, Duty to Serve, Manufactured Home Lending Read More
The publisher of The Journal of Manufactured and Modular Housing, Jim Visser, was honored at the 2017 Louisville Manufactured Housing Show with the framed ‘thank you’ document, shown in the photo at the left. Visser announced in late November 2016 that he will no longer be publishing the Journal after …
Jim Visser Honored, the Journal of Manufactured Housing now History Read More
3D Virtual tours have become a next-generation standard in digital real estate marketing. So much so, that millions of conventional house, condo or townhouse buyers have come to expect them. “Considering the fact that new and ‘existing’ (pre-owned) site-built houses out-sell manufactured homes by millions of units annually,” said veteran …
Sunshine Homes to Unveil Next Gen Tech for Home Shoppers at 2017 Louisville Show Read More
A new report notes that Skyline Homes is joining the ranks of those leading-the-charge in manufactured housing by providing a rich, multi-media shopping experience for new home seekers. The report on MHLivingNews cites research by Contactually and the National Association of Realtors – underscoring how Sunshine Homes, Clayton Homes and …
Leading by Example in Digital Home Shopping Experience Read More
The Elkhart, Indiana based RV/MH Heritage Foundation (Foundation) board of directors of the have announced the names of those who will be inducted into the RV/MH Hall of Fame (Hall) as members of the Class of 2017. Foundation President Darryl Searer told MHProNews that “The Class of 2017 is historic …
First Canadian to be Inducted in RV/MH Hall of Fame Class of 2017 Read More
Security Mortgage Group – a national award-winning MH Community lending broker – provided $40,853,000 in financing for several manufactured home communities nationwide, the Daily Business News has learned. Managing Director, Gerard D. DiMarco, Jr., secured financing for a portfolio of Manufactured Home Communities & Apartments – located in Newark, NY …
Security Mortgage Group Finances $40,853,000 for Communities in a Week Read More
Continuing today, the Daily Business News manufactured housing industry connected market report on MHProNews will add and tweak some features, in an ongoing effort to provide ever more useful and balanced information to readers. “We Provide, You Decide.” © Noteworthy headlines on CNNMoney – Facebook ethics under fire after live torture video. Why …
Deer Valley Leaping, UMH, UFPI, MHCV dip, Broader Market Profit Taking Read More
Small-to-large manufactured home community (MHC) operations are no strangers to the ire of anti-investor activists. MHAction is one such group. They’re seeking to grow their influence with MHC residents, media, policy advocates, regulatory and legislative bodies. Part of their strategy is to use the news media to attack higher-profile MH …
Anti Community MHAction Targets Frank Rolfe, RV Horizons and ELS Read More
AOL Small Business, and the Washington Post are two of several mainstream media sites reporting an anticipated surge of millennials into the housing market. “The millennial generation is now the nation’s largest age group, according to the U.S. Census Bureau,” Arkansas State University said in a marketing report. “These young …
2017 Millennial Housing Revolution. What About Manufactured Housing? Read More
Texas Manufactured Housing Association (TMHA) executive director, DJ Pendleton, will be part of a January 23, single-day 2017 Houston Market Area Event and forum for manufactured home community owners. Pendleton will be discussing TMHA’s role during the 2017 Texas Legislative Session, what bills TMHA is working to pass and defeat, …
Texas Manufactured Housing Association Houston Metro Community Owners Event Approaches Read More
We are in the promise keeping business, said Vice-President-elect Mike Pence at a Capitol Hill News conference today. Pence told reporters that in keeping with President-elect Donald Trump’s classic three-part agenda for the American people, “Jobs, Jobs, Jobs” that the House and Senate Republicans were already planning moves to scale …
VP Elect Pence Vows Promises Will Be Kept, Jobs, ObamaCare and Regs in Video Read More
The Digital Journal, International Business Times and dozens of other mainstream media outlets have picked up the following MHLivingNews press release that refutes the slanted claims made in a recent “All Things Considered” radio broadcast and related articles. The Inside MH Road Show and Manufactured Home Living News have featured experts and professionals, but homeowners …
“Jail Him!” NPR’s “Mobile Home Park Owners Can Spoil An Affordable American Dream” Refuted Read More
Deer Valley Homebuilders is a HUD Code manufactured and modular home producer and is traded as an over-the-counter (OTC) stock. In recent months, it’s only periodically traded, as those who regularly follow the Daily Business News market report with a keen eye know. The DVLY stock has had two sizable …
A Closer Look at Mover – Deer Valley Homebuilders Corp (DVLY) Market Data Read More
Almost as soon as the election results were known on November 9th, all facets of the mainstream media have struggled with the question, how did billionaire reality TV and business star Donald J. Trump win the election against Secretary Hillary Clinton? The latest clue has come from a new survey …
Gallup – U.S. Liberals Up, but America Still Center-Right Nation Politically Read More
In Chuck Shinn, Ph.D, “State of the Industry” report, the president of Builder Partnerships tells the Daily Business News that “Housing is Good.” Shinn said, “we are committed to telling you the good, the bad, and the ugly so you can make informed, intelligent decisions about how to run your …
State of the Industry Report – No Spin, says Chuck Shinn, Ph.D. Read More
