Dodd-Frank. FHFA and the GSEs. Mortgage and lending related “unintended consequences” – or failures to act by federally chartered Enterprises – are common issues south of the U.S. Canadian line. But our brethren north of the border apparently have their own financing woes for manufactured home owners now too. Canadian …
New Mortgage Lending Changes Impacting Hundreds of Thousands of MH Owners Read More
The NY Post warns, “They are facing a crisis of confidence and potential lawsuits amid unprecedented fund closures, job losses and — most critically — low investment returns.” “Get out,” per John Aidan Byrne, about what financial adviser Stephen Ng, said about more unwelcome news hitting ‘the hedgies.’ Ng, said, …
NYP – Hedge funds face a crisis of confidence? The MHVille View Read More
Bullet points from CNN Money: House to vote on killing Dodd-Frank today. Dow hits record high in the midst of Comey hearing. Pro-Trump media claims vindication in Comey hearing. Jamie Dimon’s heir apparent at JPMorgan is leaving. Trump’s renewable energy cuts alarm former officials. Verizon’s Yahoo deal closes next week, …
Third Ave MH Position Revealed, Markets Welcome Comey-Trump Nothing Burger Read More
New numbers out show that under the guidance of the Trump Administration, the nation’s economy is finally recovering from the recession. According to the Daily Caller, Americans credit scores notched a record high this spring in conjunction with a decline in the share of U.S. consumers that are deemed to …
The Latest Report on Credit Scores; and What It Means Read More
Today is a big day in the history of the Consumer Financial Protection Bureau (CFPB), as it heads to an appeals court in a case brought by PHH Corp. That case could completely reshape the organization. As Daily Business News readers are already aware, critics of the CFPB point to …
Noteworthy headlines on – CNNMoney – Bumble Bee to plead guilty in tuna price fixing scheme. Big retailers hope to prove they aren’t dying. Trump supporter Robert Mercer sued by employee. The age of airline rage: Why everyone is on edge. Some bullets from Fox Business – Buffett, Munger, Gates’ …
Nobility, UMH Jump, Manufactured Housing CV, Broader Markets Rise Read More
Our theme for this month: Magnificent May. Our featured articles will be available on the MHProNews.com home page. Our May theme will be available beginning mid-week next week. To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, please click the link above. Manufactured, modular …
As we wrap up the month of April, our theme: Manufactured Housing Industry Politics – Complicated Cross Currents, or April Fools? and our featured articles are still available on the MHProNews.com home page. Our May theme will be available beginning the 1st week of the month. To see the line-up of over …
The slog of “sausage making” in Congress was a contributing factor in the April Consumer Confidence Index, as it ticked down in April, but consumer outlook for the next six months remains positive. According to CNBC, the Index dropped to 120.3 in April, while economists were expecting the index to …
Triad Financial Services, Inc. tells MHProNews that it has formed the Triad Manufactured Home Risk Purchasing Group (RPG) for manufactured home dealers. Triad says that it created the program in response to the increasing demand for affordable liability insurance for manufactured home retail dealers. In addition to the insurance savings, …
Triad Financial Services Creates New Program Manufactured Home Dealers Read More
In the U.S., millions are still working, hoping and praying for the original American Dream: home ownership. More than a half a century since the “War on Poverty” began, not much has changed – and the nation is in the midst of an affordable housing crisis, where preservation, and creation, …
Trump, Carson, Creating Jobs by Supplying the American Dream Read More
Our theme for this month is: Manufactured Housing Industry Politics – Complicated Cross Currents, or April Fools? and our featured articles are now live on the MHProNews.com home page. To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, please click the link above. Manufactured, …
Government-sponsored enterprise Freddie Mac is partnering with Louisville-based housing intermediary Next Step Network and three non-profit housing counseling agencies to initiate an online housing education curriculum. According to Mortgage Professional America, the goal is to increase the number of mortgage-ready manufactured home buyers in Kentucky. The program will team up …
Our theme for this month is: Manufactured Housing Industry Politics – Complicated Cross Currents, or April Fools? and our featured articles are now live on the MHProNews.com home page. To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, please click the link above. Manufactured, …
Although overall consumer confidence rose in March, consumer confidence in home buying slipped almost four percentage points for the month. According to the Fannie Mae Home Purchase Sentiment Index (HPSI), confidence decreased 3.8 percentage points to 84.5, following a record high in February. The index showed that the share of people …
Our theme for this month is: Manufactured Housing Industry Politics – Complicated Cross Currents, or April Fools? and our featured articles are now live on the MHProNews.com home page. To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, please click the link above. Manufactured, …
Back in January, The Federal Housing Finance Agency (FHFA) issued a request for input (RFI) on its duty to serve (DTS) underserved markets ‘pilot program’ to finance manufactured homes, with a deadline of March 21st. According to commentary from the Manufactured Housing Association for Regulatory Reform (MHARR), the request was …
Our theme for this month is The Manufactured Housing Industry’s March Madness, and our featured articles are now live on the MHProNews.com home page. To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, please click the link above. Manufactured, modular and prefabricated home professionals know that …
Every year for many years now, Darrell Boyd, Senior Vice President from Jacksonville, Florida based Triad Financial Services brings banks, credit unions, investors and other financial services professionals to the Louisville Manufactured Housing Show. The goal? To begin the process of introducing new capital to the market, or to reinforce …
“The road to hell is paved with good intentions.” – American Maxim. “Why not half-a-million [new manufactured homes sold annually]? We can get there.” – Richard “Dick” Jennison, president and CEO, Manufactured Housing Institute (MHI). “James McGee and Chet Murphree said it very well on a video, it’s …
Weaponized, Faked News Harms Manufactured Housing Homeowners, Professionals Read More
