Northpoint Commercial Finance Director of Business Development, Jim Regan, has announced his retirement from the floor plan financing industry after 30 years of service. In addition to consistently producing the highest yielding portfolio in the company, he was also named top sales performer in 2013. Regan was one of the …
Manufactured Housing Industry Veteran Announces Retirement Read More
Noteworthy headlines on CNNMoney – New rules crack down on prepaid cards. VP debate gets smaller audience than 2012, 2008 (DBN coverage here.) U.K. could force companies to list foreign workers. Ford chairman strikes back at Trump criticism. Some bullets from MarketWatch – Stocks up as energy, financial sectors rally. Airlines …
A recent article in the Seattle Times by Al Levine, former Deputy Executive Director of the Seattle Housing Authority, puts the spotlight on steel modular housing as a practical answer to help solve the challenge of housing the homeless. “I find it hard to comprehend that we can’t do a …
Cities Housing the Homeless – are Modular Homes an Answer? Read More
Noteworthy headlines on CNNMoney – 170,000 gas stoves recalled because of explosion risk. Credit card giants sued over chip readers. Biggest one-day drop for gold since 2013. Google unveils new smartphone. Some bullets from MarketWatch – Gold ends near post-Brexit vote low as dollar rallies. U.S. stocks retreat on specter of …
Skyline Up, MHCV beats Tumbling broader Markets and in banking, ATM Fees Record High Read More
On October 3, 2016, the Board of Directors of UMH Properties, Inc. (NYSE: UMH) declared its quarterly cash dividend on the company’s common stock of $0.18 per share payable December 15, 2016, to shareholders of record at the close of business on November 15, 2016. The company’s annual dividend rate …
UMH Properties, Inc. Declares Common and Preferred Dividends Read More
Equity Lifestyle Properties, Inc. (NYSE:ELS) stock was down 1.74% on September 30th, hitting a price of $77.18, which has raised concerns for some traders who wonder – is part of a new pattern? According to the Press Telegraph, analysts expect earnings of $0.83 per share, which would be an increase …
ELS Shares Down, Bank of Montreal Acquires New Stake Read More
Eric Dean is out to help solve the worldwide housing shortage, one factory-crafted home at a time, reports ProSales Magazine’s Gary Thill. “A house is a very simple thing, but every time we build a house we seem to reinvent the wheel,” Dean told the audience at the FEA 2016 …
Fab or fad? Innovative PreFab Homes could Disrupt Building Trades, Solve Shortages Read More
Noteworthy headlines on CNNMoney – Clinton slams Wells Fargo for “bullying” workers. What to expect at Google’s big event. Some bullets from MarketWatch – Disney remains center of merger talk… this time it’s Netflix. Two Fed GDP trackers show economic growth wilting. Trump Foundation ordered to stop fundraising in New York. …
Patrick and LP lead, IL Yanking Billions from Wells Fargo, Markets Dip Read More
The Manufactured Housing Institute (MHI) informs MHProNews that they have elected a new board of directors at its annual luncheon on September 26th. Members voted and approved the following officers for 2017: Chairman: Tim Williams, CEO of 21st Century Mortgage Corporation Vice Chairman: Joe Stegmayer, Chairman and CEO of Cavco …
MHI announces their new Executive Committee board members, Award Winners Read More
Commercial real estate company NorthStar Realty Finance Corp (NYSE: NRF) recently received an average rating of “Hold” from a handful of analysts that are covering the firm, reports Baseball News Source’s James Conley. Among the six analysts, two rated NorthStar’s stock a “buy” and the four issued a “hold” recommendation. …
NorthStar Realty Finance’s target price and investor moves Read More
Noteworthy headlines on CNNMoney – FUBU CEO Stop and Frisked “Maybe 20 Times. U.S.: Wells Fargo Mistreated Military Members. WSJ Columnist Calls Trump “Unstable.” Why The Federal Reserve Isn’t Political. From WSJ: Ghost of Lehman Brothers Haunts Deutsche Bank. Some bullets from MarketWatch – ‘Housing party’ in the U.S. may be coming …
Wells Fargo’s CEO, John G. Stumpf, has been called by Warren Buffett about recent events, according to Fox Business. Noteworthy headlines on CNNMoney – Wells Fargo worker retaliation claims rile up Congress. Lawmakers: Wells Fargo a ‘criminal enterprise’ like Enron. U.S. warns Samsung washing machine owners after explosion reports. The worker …
Wells Fargo Chairman/CEO Grilled, Buffett speaking out, All Markets Down Read More
Work started this month on a new clubhouse and community center for Sterling Estates, a manufactured home community in Adrian Michigan, 72 miles southwest of Detroit. “We had a need for this, so it’s good to see work on it finally begin,” said Sterling Estates owner, Germano Mularoni. “This was …
Manufactured Home Community grabs positive media via New Clubhouse Construction Read More
Equity Lifestyle Properties, Inc. (NYSE:ELS) is expected to pay a $0.43 dividend on Oct 14, 2016. ELS shareholders owning stock before Sep 28, 2016 will be eligible to receive the payout. Based on Equity Lifestyle Properties, Inc.’s current price of $79.70, the dividend is 0.53%. The indicated annual dividend is …
Equity LifeStyle Properties Investor Management Fund, Dividend Updates Read More
A full-blown battle over rent control is on in Humboldt County, CA, reports the Lost Coast Outpost’s Ryan Burns. The Humboldt Mobilehome Owner Coalition established a ballot measure, Measure V, that would regulate rent hikes on manufactured home land-lease sites. It aims to prevent a community’s owners from making what …
Noteworthy headlines on CNNMoney – CA Punishes Wells Fargo with Sweeping Sanctions. OPEC Cuts Production, Oil Surges – 35% of Student Loan Defaults From For-Profit College Students. Some bullets from MarketWatch – City-by-city look as house-price gains slow. White House calls Congress veto of 9/11 bill ’embarrassing’. China’s richest man warns of …
Patrick Industries (NASDAQ: PATK) and Drew Industries (NYSE: DW) – both based in Elkhart, Indiana- made executive level moves today. Patrick announced, effective immediately, Jeffrey M. Rodino, Executive Vice President of Sales and Chief Operating Officer, assumes the newly created position of Executive Vice President of Sales and Chief Sales …
Patrick Industries, Drew Industries Announce Executive Moves Read More
Noteworthy headlines on CNNMoney – Debate most watched in history. Fed under attack, but still profitable for taxpayers. U.S. probes Wells Fargo whistle blower complaints. Some bullets from MarketWatch – Congress deadlocked over funding bill as government shutdown looms. Chesapeake Energy’s stock plunges as Carl Icahn loses interest. Nike stock down 4%. …
Market Rebounds, Manufactured Home Index Down, But Drew and Patrick Up On Executive Moves Read More
The stock of Skyline Corporation (NYSE: SKY) hit a 52-week high of $12.72 last week, according to a recent report from BarChart. While the stock price has had its ups and downs throughout 2016, Skyline executives have kept a positive tone and goal-oriented approach, which has clearly paid off. Their …
Skyline Corporation Hits 52-Week High. Is Near-Term Analysis Positive? Read More
Noteworthy headlines on CNNMoney – Wells Fargo workers say fraud began years ago. PA Donald Trump win could tank stocks (ya think CNN is pro-Clinton? ;-). U.S. Companies consider relocating over Brexit. Some bullets from MarketWatch – Stocks retreat as Clinton-Trump debate looms. Gold edges higher as focus turns to debate. Deutsche …
