Author name: MHProNews

Pick Three – Manufactured Housing Stock Summary – Skyline, Cavco, Patrick – Dec 1, 2014 Read More

Pick Three – Manufactured Housing Stock Summary – Skyline, Cavco, Patrick – Dec 1, 2014

By MHProNews / December 1, 2014 / Manufactured and Modular Housing News

The ‘Pick 3’ will be a new, periodic feature here on the Daily Business News. The idea is to give you a snapshot of a stock, based on public information. But there is more… Many investors “discovering” the Walmart of quality, affordable manufactured housing are finding some surprises. In an

Manufactured Housing Composite slips, Black Friday and Dow Dips, big Oil drips Read More

Manufactured Housing Composite slips, Black Friday and Dow Dips, big Oil drips

By MHProNews / December 1, 2014 / Manufactured and Modular Housing News

Black Friday sales slipped, which retailers say was actually a good sign, because buyers aren’t pressured to get the best deals. While the drop in crude oil has helped consumers to the tune of about $1,100 a year, OPEC pressure on North American shale production could hurt job creation too.

Jim Pakulis proclaims bold growth plan for manufactured housing retailing Read More

Jim Pakulis proclaims bold growth plan for manufactured housing retailing

By MHProNews / December 1, 2014 / Manufactured and Modular Housing News

Jim Pakulis, CEO of SearchCore, the parent company of manufactured housing retailer Wisdom Homes of America, announced today what one industry commentator called a “bold growth” vision.. Globewire carried Pakulis’ open letter, which says that after they spun-off the technology sides of their operations earlier this year, they made the

Council over-rides zoning, Manufactured Homes permitted in residential zoned areas Read More

Council over-rides zoning, Manufactured Homes permitted in residential zoned areas

By MHProNews / December 1, 2014 / Manufactured and Modular Housing News

Council Members in Osage City, Kansas met and overrode the unanimous decision of their local zoning board about placement of manufactured homes in residential zoned areas. The discussion revolved around concerns by neighbors vs. the law. Bob Fairbanks, City Building Inspector, explained that “Cities were not allowing manufactured homes in

Relaxed lending standards to go into effect December 1, 2014 Read More

Relaxed lending standards to go into effect December 1, 2014

By MHProNews / December 1, 2014 / Manufactured and Modular Housing News

The Wall Street Journal (WSJ) and HousingWire are among the media sources telling MHProNews that Fannie Mae and Freddie Mac will ease requirements on a variety of mortgage loans. The move is not thought to impact personal property (home only) manufactured home (MH) lending, but would apply to those MH loans

“Fearless” Senator Elizabeth Warren, the CFPB’s ‘Mama’ buttresses potential 2016 presidential cred Read More

“Fearless” Senator Elizabeth Warren, the CFPB’s ‘Mama’ buttresses potential 2016 presidential cred

By MHProNews / December 1, 2014 / Manufactured and Modular Housing News

ABC News tells MHProNews that Massachusetts Democratic Senator, Elizabeth Warren is admired by liberal loyalists and doesn’t mind taking on anyone – including President Obama – when she thinks they are wrong. Warren is known as a key supporter – or Mama – of the agency that became the Consumer Financial

Nov 30 2014

Sunday Morning Recap for week November 23-29, 2014

By MHProNews / November 30, 2014 / Manufactured and Modular Housing News

We’re starting another new Sunday Morning Weekly Recap. With your favorite morning beverage in your hand, you’ll see news on Skyline, ELS, DOE and their MH standards, allegations of falsified numbers on new home starts, luxury homes in Michigan MHCs, Louisville Show news and much more. Check out your headlines

Sunday Morning Recap for week November 23-29, 2014 Read More

Nov 29 2014

Skyline Enters Indemnification Agreement

By MHProNews / November 29, 2014 / Manufactured and Modular Housing News

MHProNews has learned that on November 25, 2014, the Skyline Corporation entered into an Indemnification Agreement with each of the directors of the Corporation. The Indemnification Agreement requires the Corporation to indemnify these individuals to the fullest extent permitted under Indiana law. According to a PRNewswire release, such agreements are subject to “certain

Skyline Enters Indemnification Agreement Read More

Nov 29 2014

2015 Louisville Show adds 2 more Free Business Building & Educational Seminars!

By MHProNews / November 29, 2014 / Manufactured and Modular Housing News

Dennis Hill and the Midwest Manufactured Housing Federation (MMHF) have announced two new seminars have been added to the 2015 Louisville Show business building and educational line up. The current plan is for there to be 6 sessions total. In 2014, most sessions were standing room only, so arrangements for

2015 Louisville Show adds 2 more Free Business Building & Educational Seminars! Read More

OPEC votes to seeks to squeeze U.S. Shale, MH Composite Value Slips Read More

OPEC votes to seeks to squeeze U.S. Shale, MH Composite Value Slips

By MHProNews / November 28, 2014 / Manufactured and Modular Housing News

While manufactured and modular housing is far from shale oil- and gas-dependent, certainly there are boom markets where shale development created additional demand for workforce and other housing. In the big business of big oil, OPEC nations voted to squeeze U.S. shale oil producers, by seeking to move oil prices

2015 could be year first time buyers return to housing market Read More

2015 could be year first time buyers return to housing market

By MHProNews / November 28, 2014 / Manufactured and Modular Housing News

Many factors in the broader housing market directly or indirectly impact manufactured and modular housing, pointing to challenges as well as opportunities. Builderonline (BO) says that 2015 could be a turn around year, an “inflection point” for more first time buyers entering the home buying market. BO cited the National

Gizmag says top sustainable housing includes prefabricated homes Read More

Gizmag says top sustainable housing includes prefabricated homes

By MHProNews / November 28, 2014 / Manufactured and Modular Housing News

Having a sustainable green home in today’s housing market can mean more than just having solar panels. It can often mean technology and better quality building components. With sustainability and energy key buzz words, homebuyers are often looking to minimize environmental impact and total financial outlays. This can be done

Who Speaks for You in MH? Manufactured Housing’s Industry Voices Read More

Who Speaks for You in MH? Manufactured Housing’s Industry Voices

By MHProNews / November 28, 2014 / Manufactured and Modular Housing News

Who speaks for you in manufactured housing (MH)? Associations? Individuals? Corporations? There are many voices in MH, and with the Industry Voices (IV) guest blog, any MH Professional, enthusiast or aficionado can submit a letter to the editor or an OpEd guest column. Industry Voices is one of our most

Incoming MHARR president calls on DOE Secretary to Reject Proposed MH Energy Standards Read More

Incoming MHARR president calls on DOE Secretary to Reject Proposed MH Energy Standards

By MHProNews / November 27, 2014 / Manufactured and Modular Housing News

M. Mark Weiss, JD, the incoming president for the Manufactured Housing Association for Regulatory Reform (MHARR), laments the Manufactured Housing Institute (MHI) stance on the proposed Department of Energy (DOE) standards for manufactured housing. The essence of MHARR’s position is that the DOE’s standards are far more costly than the

Senator Elizabeth Warren agrees with Chuck Schumer – Democratic mandate was Economy first, health care later Read More

Senator Elizabeth Warren agrees with Chuck Schumer – Democratic mandate was Economy first, health care later

By MHProNews / November 27, 2014 / Manufactured and Modular Housing News

Jobs and economic properity go hand in glove with home sales. What President Bill Clinton and his advisers understood, “It’s the economy, stupid,” may slowly be sinking into Democrats today after their mid-term electoral thrashing. New York Senator (D) Charles “Chuck” Schumer, speaking at the National Press Club this week was

Happy Thanksgiving, Markets Closed Today Read More

Happy Thanksgiving, Markets Closed Today

By MHProNews / November 27, 2014 / Manufactured and Modular Housing News

The Manufactured Housing Industry is into year 5 of its recovery. For the next few moments, we will focus on a few facts like which should cause us to be grateful. “Gratitude unlocks the fullness of life. It turns what we have into enough, and more. It turns denial into

HousingWire’s Trey Garrison accuses Obama Administration of “cooking the numbers” on new home sales Read More

HousingWire’s Trey Garrison accuses Obama Administration of “cooking the numbers” on new home sales

By MHProNews / November 27, 2014 / Manufactured and Modular Housing News

The fig leaf offered by HousingWire senior financial writer, Trey Garrison, is that both political parties have done the same thing; namely, use their influence to cause a false or misleading report to be issued by an agency of the federal government. In this case, Garrion’s pointing the finger squarely