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 […]
Relaxed lending standards to go into effect December 1, 2014 Read More
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
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
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
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
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
OPEC votes to seeks to squeeze U.S. Shale, MH Composite Value Slips Read More
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
2015 could be year first time buyers return to housing market Read More
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
Gizmag says top sustainable housing includes prefabricated homes Read More
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
Who Speaks for You in MH? Manufactured Housing’s Industry Voices Read More
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
Incoming MHARR president calls on DOE Secretary to Reject Proposed MH Energy Standards Read More
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
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
Happy Thanksgiving, Markets Closed Today Read More
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
MHReadership continues to rise! According to facts released early today by Webalizer, the number of readers on MHProNews exceeds the monthly totals of others publishers’ readers in just 2 or 3 days. To rephrase, from facts available, MHProNews has 10 to 15 times more readers (visits) logon during a month
Webalizer says Numbers Soaring for Manufactured Housing ePublisher Read More
What’s all the buzz about a tiny green house up for auction on Ebay in Austin Texas? With a starting bid of $37,800, but you can skip the bid and buy the home for $49,800. Austin’s BizJournals tells MHProNews that this 288-square-foot green modular home is supported by the Home Builders
Homebuilders auctioning green Tiny Modular Home on eBay Read More
MarketWatch reports that housing is normalizing and with low rates and credit may ease, so there should be a tail wind behind continuing housing recovery. But a Daily Business News story that will go live on Thursday suggests, not so fast. There are allegations that federal officials are “cooking the
Manufactured Housing closes up before Thanksgiving, DOW rises too Read More
Jesse Harrell and John Vaught have joined forces to what may seem to them – and may be for others – a sign of things to come for manufactured and modular home sales. The GCDailyWorld’s Rick Curl tells MHProNews that Solsberry, Indiana’s Harrell has done contracting and excavating for some
Realtor, Contractor Moving into Manufactured Housing – Sign of more to come? Read More
The Tennessean tells the tale of the HOME program, $250,000 in federal grants going to each of three TN counties, Gallatin,Portland and Westmorelan. The program is designed to repair – or in the past, even replace – homes that had update needs, up to $40,000 per qualifying resident. Deemed a lifesaver
Mobile and Manufactured Homes Dropped from HOME Program Read More
Michigan’s HomeFirst is an innovator in offering luxury manufactured homes (MH) rather than “shade and shelter” models, as is more often seen in the current MH market environment. Their motto is simple, “Affordability and Luxury.” BroadwayWorld tells MHProNews that HomeFirst Director of Sales and Marketing, Danya Mallad said: “We’ve always
Luxury Manufactured Homes in Michigan attracts Buyers Read More
The markets are closed tomorrow for Thanksgiving day, but you will find our routine market and other news items and blogs today; PLUS a nice helping of fresh Daily Business News stories to greet you Thursday morning, Nov 27th, 2014. For MH professionals and enthusiasts, you know this is a
Happy Thanksgiving from MHProNews – U.S. Markets closed Thursday Read More
