In and out of manufactured housing, there seems to be some lack of understanding about who can legally broker or transact a mortgage. A recent case in Georgia illustrates this situation and its risks. Georgia’s Department of Banking and Finance has finalized a cease-and-desist order against Community Legal Center LLC, […]
GA Operation slapped, Licensing Is Required for Everyone Who Negotiates Mortgages Read More
Is the wrapping paper off the presents that are no longer under the tree? If you’re an MH pro looking for holiday business reading, then grab your favorite drink and check out some of these options. In the Industry Voices guest blog you’ll find… > Wow! > How to advance the manufactured
Looking for Holiday Manufactured Housing Industry Focused Reading? Read More
As the fortunes of the oil and gas industry go, so too go the hopes and revenues of many in the manufactured home industry. As most factory-built home professionals know, an added impetus has been provided by the demand for manufactured homes (MH) and workforce housing for those who work
Analysts on Future of U.S. Energy Industry and Impact on MH Read More
With the major U.S. stock markets closed for Christmas, our routine manufactured housing connected stock recap will resume tomorrow, Friday evening. The Daily Business News team at MHProNews wish you and all manufactured and modular home professionals and enthusiasts the warmth and wonder of this holiday season. There are two
Merry Christmas to you and yours from MHProNews Read More
Regulations concerning the condition of manufactured home communities vary from state to state and county to county. According to he Boise Public Radio, some areas do not offer many safeguards to renters of pre-HUD Code mobile homes or older manufactured homes. “Across the Northwest, some families will spend Christmas in
Do renters of Mobile and Manufactured Homes have enough consumer safeguards? Read More
The MH Composite Value rose nearly 1/2% again today, but it was a mixed day for manufactured housing connected tracked stocks. Sony released The Interview online and in a few theaters, jobless claims are down to a 7 week low. Sales of new conventional housing slid 2% last month. CNN
Manufactured Housing Composite rises, Dow hits day 6 of Christmastime winning streak Read More
Those of you who were alive in the 1960s, may remember the great interest everyone had in outer space. At the time, the United States was involved in a space race with Russia. Television programs reflected this interest with programs such as “Lost in Space,” “Star Trek” and in the
Far Out Spaceship like PreFab Home Designs from the 1960s Read More
Realtor explains that the advantages of downsizing include lower payments and easier maintenance. The L A Times and Tallahassee Magazine have specifically promoted manufactured home (MH) living as a good option, as revealed in a special report in Manufactured Home Living News. In hard times, manufactured homes shed their old
L A Times, Tallahassee Magazine tout Downsizing with Manufactured Homes Read More
The manufactured home communities sector plus suppliers were mostly up, and the MHCV rose over ½% in today’s trading. OPEC’s pressure on oil seems to be hurting Mother Russia and their rubble. Standard and Poor’s has said they are reviewing the Russian debt status, with a 50% chance it will
MHCommunities and Suppliers mostly up, MHCV rises and the Dow hits new high Read More
During trading on Monday, December 22, 2014, the price of Equity Lifestyle Properties (NYSE:ELS) shares hit a new 52-week high, which closed at 51.69 +1.32 (2.62%). According to Intercooler, ELS has been the subject of a number of recent research reports including one conducted by analysts at TheStreet. As a result, on
Equity Lifestyle Properties stock Hits New One-Year High Read More
When considering the successes of The Carlyle Group (CG) compared to other investment firms, seems to be a study in contrasts. With assets of $203 billion, Carlyle still gets almost all of its profits from private equity operations. Bloomberg Businessweek reports that one Carlyle European property fund has lost 80 percent in
Analysts say Downs and Ups, while others tout Carlyle Group as “World Class” returns Read More
Manufactured home professionals are often talking about the economy and its impact on the industry. So predictions of an upward expansion for the next several years offered by economic experts at a conference at the Cox School of Business at Southern Methodist University (SMU) in Dallas last week will be
Conference Economists Predict a Prosperous 2015 and beyond, with caveats Read More
One lucky Louisiana resident was presented with a new manufactured home on the Duck Dynasty Christmas special. During the episode, “A Home for the Holidays,” the Duck Dynasty Robertson family teamed up with Jeff Foote of Homes Plus in West Monroe, Louisiana, and Clayton Homes to deliver a 1,620-square-foot manufactured
Duck Dynasty’s Willie & Robertsons present Christmas gift – new Manufactured Home Read More
The Manufactured Housing Composite Value moved down slightly today, and MH tracked stocks closed mixed. Marketwatch reaffirms for MHProNews that investors are still stoked about the gift from Fed Chair Janet Yellin last week. The S&P turns 50 with a new high, the Dow rose triple digits and NASDAQ gained too.
Manufactured Housing Composite Slide, Dow, S&P glide in new high ride Read More
A bill that would give local governments more authority over troubled manufactured home communities died in a lame-duck session of the Michigan House on Friday. However, State Rep. Andy Schor (D-Lansing), said he plans to reintroduce the bill in the next legislative session. Schor’s bill died despite the fact that
Investors know that diversification is a good strategy in business. The professionals at Seeking Alpha know this too, but apparently overlooked some factors in a recent report by them on UMH Properties (NYSE: UMH). Alpha writer Reuben Gregg Brewer seems to think that “With oil prices falling rapidly, it’s possible
Alpha barking up the wrong tree? Decline of MHCs in PA and OH Doubtful Read More
The Manufactured Housing Association for Regulatory Reform (MHARR), Washington, D.C., has lodged a protest regarding the award of a contract by HUD last week. This concerns the announcement that Savan – Institute for Building Technology and Safety (IBTS) has been awarded a contract to oversee HUD’s manufactured housing dispute resolution
Protest Lodged Concerning HUD Contract for Dispute Resolution Read More
Oil slide and its impact on MH! Financing! MHCommunities! Awards! Government Actions – and failures! New Projects! New contracts awarded! These are some of the headlines for this week in review. There is no need for a ‘theme’ for a weekly headline news review focused on manufactured and modular housing.
Sunday Morning Weekly Recap – Factory Built – Housing News – for 12-14 to 12-20, 2014 Read More
There is good news in the announcement from a veteran manufactured housing industry builder. Nobility Homes, Inc. (OTC MKTS: NOBH) of Ocala, Florida, announced that sales and earnings for its fiscal year that ended November 1, 2014, increased 14 percent to $21,152,259 as compared to $18,525,950 in 2013. Terry Trexler,
The devastating floods of 2013 in Colorado left many manufactured homes (MH) in unlivable condition, or so the owners thought. However, some of them were allegedly improperly ‘repaired’ and sold, and then began appearing in MH Communities (MHC) in other Colorado cities. After the flood, when one elderly couple returned
Allegedly Disguised Flood-Damaged Homes Elicit New Laws that may undermine MH Read More
