Affiliated Managers Group, Inc. (NYSE: AMG) reported its results for the fourth quarter and full year 2016 today. For the fourth quarter of 2016, diluted earnings per share (EPS) were $2.67, compared to $2.67 for the same period of 2015; net income was $150.2 million, compared to $147.5 million …
As we wrap up the month of January, our featured articles are found on the MHProNews.com home page. Our theme for this month is: Jiu Jitsu January in Manufactured Homeland, USA. To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, please click …
Consumer Financial Protection Bureau (CFPB) Director Richard Cordray has finally spoken in the wake of President Trump’s inauguration, per the LA Times. And he’s not pulling any punches. “The new administration really shouldn’t change the job at all,” said Cordray at a forum held by the Wall Street Journal. …
Noteworthy headlines on CNNMoney – CEO who backs Trump: People must be realistic. Starbucks still has a problem with long lines. Wells Fargo complaint website has vanished. Apple patents a vaporizer. Some bullets from Fox Business – After sharp 4Q slowdown, are Trump’s policies the prescription America needs? Why Keystone …
LCI, NorthStar Gain, Manufactured Housing CV, Broader Markets Dip Read More
UMH Properties (NYSE: UMH) celebrated its 50th anniversary at the New York Stock Exchange last week, including ringing the closing bell. At the same time, a Nashville publication that had previously offered the company praise was telling a very different story. According to the Tennessean, residents at UMH owned properties …
Patrick Kennedy, owner of Panoramic Interests, a San Francisco, California based developer specializing in prefab homes, believes he has a partial solution to the Bay Area’s chronic homelessness problem. Now he’s invited the East Bay city of Berkeley to take a look at that solution with a prototype installed next to City Hall. …
North of the border, in Mayerthorpe, Alberta, Canada, in what appears to be another case of NIMBY (Not-In-My-Back-Yard), a housing developer is not pleased about a planned manufactured home community. According to the Mayerthorpe Freelancer, local housing developer Tim Rosadiuk criticized Mayerthorpe’s new manufactured housing subdivision and said there is a lack …
Local Developer Says MH Community Hurts Property Value Read More
Noteworthy headlines on CNNMoney – Auto CEOs: Trump is good for the industry. Trump on Dow 20k: “Now we have to go up, up, up.” Chinese giant buys MoneyGram. Warrant issued for fallen Brazilian billionaire. Some bullets from Fox Business – President Trump: Our infrastructure is in serious trouble. Alibaba’s …
Nobility, Carlyle, Dow Up, Manufactured Housing CV Dips 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 – Boom: Dow hits 20,000 for first time …
Dow Hits 20k Mark, Cavco, LCI, Manufactured Housing CV Up, New Records for S&P, NASDAQ Read More
Mortgages are a complicated thing. Between bad loan quotes, potentially having to commit in advance of information verification, and “Lock Abuse,” which is a lock price that is above the lender’s posted price at the time of commitment, the home loan market is prime for a change. Jack Guttentag, also …
A Solution for the Dysfunctional Home Loan Market? Read More
In a case that dates back to 2014, Williams County, North Dakota officials have re-instituted a $1.2 million fine against Western Petroleum LLC and its parent company, Pilot Thomas Logistics. According to the Williston Herald, the fine is a result of failing to pay fees and comply with zoning regulations …
County Levies Stiff Fine in Dakota, as Trump Primes XL Pipeline Read More
Data from the National Association of Realtors (NAR) shows that home sales continued their growth in December, as more buyers reached the market before the end of the year. The delayed closings resulting from the rollout of the “Know Before You Owe” initiative pushed a portion of November’s would-be transactions …
U.S. Existing Homes Sales Rise in December, MH Industry Response 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 – Will the U.S. and Canada leave Mexico …
Deer Valley, Skyline Up, Manufactured Housing CV, Broader Markets Spike 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 – Trump has resigned from over 400 businesses. …
Huge Days for UFPI, UHM, Manufactured Housing CV, Broader Markets Down Read More
Throughout the 2016 presidential campaign, Donald Trump was very clear on one thing he wanted to change – regulations. President Trump talked about the Obama-era financial regulations, including Dodd-Frank, as “bad for business” and responsible for the nation’s slow growing economy. For many, the President’s anti-regulatory stance is a …
Trump’s Regulation Cuts Could Have Major Impact on MH Read More
As President Donald Trump enters his first full week of office, his cabinet picks remain the front and center topics of discussion. But, there’s one well-known mogul who sees them as the right choices. “I overwhelmingly support President-elect Donald Trump’s choices for cabinet positions,” said Berkshire Hathaway CEO Warren Buffett. …
Buffett Supports Trump Picks, Soros Has Other Ideas Read More
A new year, a new month, and a new set of featured articles are found on the MHProNews.com home page. Our theme for this month is: Jiu Jitsu January in Manufactured Homeland, USA. To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, …
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 –Trump’s historic moment arrives. Stocks greet Trump era …
Nobility, AMG Up, Manufactured Housing CV, Broader Markets Rise Read More
In celebration of their 50th anniversary, UMH Properties, Inc. (UMH: NYSE), led by Eugene W. Landy, Chairman of the Board of UMH, rang the closing bell at the New York Stock Exchange (NYSE) Thursday, Jan. 19. The event coincided with the company’s quarterly board meeting and a special dinner reception …
UMH Anniversary at the NYSE, Landy Rings Closing Bell 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 – The emergence of the “cyber cold war.” …
Northstar, Tricon Up, Manufactured Housing CV, Broader Markets Down Read More
