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Patrick Industries Biggest Gainer amidst Manufactured Housing CompValue slip

By / August 17, 2016 / Business, Communities, Economy, Finance, Manufactured and Modular Housing News, Manufactured Homes, Stocks

Stocks close slightly higher as the Fed rate-hike debate rages on. Patrick Industries (PATK:US) defies MHCV slip to post the biggest manufactured housing gainer. Chart watchers say the dollar is on the verge of unraveling. California fire drives 82,000 from their homes, MarketWatch informed MHProNews. Daily Business News Market Tracker: The Dow …

Patrick Industries Biggest Gainer amidst Manufactured Housing CompValue slip Read More

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Skyline Up, Manufactured Housing CompValue (MHCV) Mirrors Dow

By / August 15, 2016 / Affordable Housing, Business, Communities, Company News, Factory-Built Homes, Finance, Manufactured and Modular Housing News, Manufactured Homes, Stocks

The Dow Jones Industrials and the Nasdaq logged record closes. Various stocks closed at record heights, which MarketWatch tells the Daily Business News was triggered by a rise in oil prices. The extended gains of U.S. stocks also saw parallels in the rise in Treasury yields, and many MH stocks …

Skyline Up, Manufactured Housing CompValue (MHCV) Mirrors Dow Read More

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Discrimination? Was a Limited MH Loan Approval Legal? MHProNews Investigates

By / August 12, 2016 / Business, Factory-Built Homes, Finance, Legal, regulation

A manufactured home retailer recently contacted MHProNews on condition of anonymity, with a very specific concern about the validity of a loan approval. The loan in question was made with restrictions by the lender on a manufactured home (MH) shopper. The applicant reportedly was a senior citizen, the consumer was …

Discrimination? Was a Limited MH Loan Approval Legal? MHProNews Investigates Read More

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Cavco Industries, Second Largest Producer of Manufactured and Modular Homes, Reports Quarterly Results

By / August 11, 2016 / Announcements, Business, Company News, Factory-Built Homes, Finance, Manufactured and Modular Housing News, Manufactured Homes, Modular, People

Phoenix, Arizona based Cavco Industries, Inc. (NASDAQ:CVCO) released key figures and financial highlights for the first fiscal quarter, which ended July 2, 2016. Cavco management followed their August 09, 2016 release of SEC reported filings with a conference call to discuss the results in further detail.  Key points released by …

Cavco Industries, Second Largest Producer of Manufactured and Modular Homes, Reports Quarterly Results Read More

Is Student Loan Debt Stifling the Economy?

By / August 11, 2016 / Economy, Finance, home buyers, Manufactured and Modular Housing News, Trends

The U. S. Census Bureau reports nearly 15 percent of Americans, some 47 million, live below the poverty line;14 percent of households have a negative net worth, according to what bloomberg tells MHProNews. Forty-three percent of those with negative net worth are college graduates, one in eight has a graduate …

Is Student Loan Debt Stifling the Economy? Read More

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UMH leads gainers, Skyline slips as MHCV trails the broader markets

By / August 9, 2016 / Canada, Communities, Company News, Economy, Factory-Built Homes, Finance, Manufactured and Modular Housing News, Manufactured Homes, Stocks, Trends

MarketWatch informs MHProNews that Treasury yields are drifting lower as summer trading cools. The dollar weakens as domestic productivity falls for 3rd month. Oil prices are said to be heading towards $30 a barrel. Gasoline prices may fall below $2 a gallon nationwide before year-end. Gold closes higher to end …

UMH leads gainers, Skyline slips as MHCV trails the broader markets Read More

Housing Platforms: Dems say Up the Ante; GOP says Shut Federal Spigot, Throttle Regulators

By / August 9, 2016 / Business, Economy, Finance, home buyers, Manufactured and Modular Housing News, regulation

Both the Democratic and Republican campaigns this year are devoting considerable energy to housing, the cornerstone of the “American Dream,” but both have different approaches to the topic, as dispatch tells MHProNews. Platforms serve more as rallying cries than actual policy initiative, and typically, the Republicans will call for less …

Housing Platforms: Dems say Up the Ante; GOP says Shut Federal Spigot, Throttle Regulators Read More

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UMH Properties Q2 Conference Call Reveals a Winning Strategy in Manufactured Home Communities sector

By / December 26, 2017 / Business, Communities, Finance, Manufactured and Modular Housing News, Manufactured Homes, People, Stocks

MHProNews was privy to the August 5th conference call conducted by UMH Properties, Inc. Participants included corporate management, members from UMH’s Board, as well as analysts, advisors and investors familiar with the community and retail segments of the MH Industry. Nelli Madden, Director of Investor Relations hosted the call, as key …

UMH Properties Q2 Conference Call Reveals a Winning Strategy in Manufactured Home Communities sector Read More

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Skyline 4Q Leaps Skyward, MH Composite Index rallies despite Dow’s slide

By / August 8, 2016 / Business, Communities, Company News, Finance, Manufactured and Modular Housing News, Manufactured Homes

MarketWatch  informs MHProNews  that the Fed’s job-market index has the first gain of year in July. Consumer spending and income expectations rise. Wal-Mart announces $3.3 billion acquisition of Jet.com. Dow tripped downward, as did the S&P 500 and the NASDAQ. The Dow Jones Industrial Average receded -0.08 percent with a loss of -14.24 …

Skyline 4Q Leaps Skyward, MH Composite Index rallies despite Dow’s slide Read More

Sunday Morning Recap-Manufactured Housing Industry News Aug 1-Aug. 7, 2016

By / August 8, 2016 / Advocacy, Announcements, Business, Canada, Communities, Company News, Economy, Factory-Built Homes, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, Modular, regulation, RV, Stocks

What’s New in public focused Manufactured HomeLivingNews.com Loans – Financing – Mortgages for Manufactured, Modular and Mobile Homes What’s New in Manufactured Housing Industry Professional News Sale of Minn. MHC challenged by Attorney General. Section 8 vouchers can now but MH. Hall of Fame inducts Class of 2016. NC MH …

Sunday Morning Recap-Manufactured Housing Industry News Aug 1-Aug. 7, 2016 Read More

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Bill to Use Section 8 Vouchers to Buy Manufactured Home Signed by President Obama

By / August 5, 2016 / Business, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes

Following up on the recent Senate passage of a bill that passed in the House in February – The Housing Opportunity through Modernization Act (HOTMA), posted on MHLivingNews and picked up hundreds of mainstream media outlets and advocacy sites – President Obama signed that bill it into law, as expected.  The bill willl allow …

Bill to Use Section 8 Vouchers to Buy Manufactured Home Signed by President Obama Read More

Housing Affordability Data Suggestive rather than Definitive

By / August 3, 2016 / Advocacy, Business, Economy, Finance, home buyers, Manufactured and Modular Housing News

A new study by by the Research Institute for Housing America (RIHA) reveals that three of the major housing affordability indices studied do not tell a definitive story, but offer tendencies, as mpamag tells MHProNews. Donald Haurin, economics professor at Ohio State University, noting the many ways to measure housing …

Housing Affordability Data Suggestive rather than Definitive Read More

Sunday Morning Recap-Manufactured Housing Industry News July 24-July 31, 2016

By / July 30, 2016 / Advocacy, Announcements, Business, Communities, Company News, Economy, Factory-Built Homes, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, Modular, regulation, RV, Stocks, Zoning

What’s New in public focused Manufactured HomeLivingNews.com NIMBYism? Debunking Myths About Manufactured Home Communities (aka ‘Mobile Home Parks’) What’s New in Manufactured Housing Industry Professional News FEMA moving manufactured homes into four W. VA. Counties. CFPB proposes clarification of Know Before You Owe. Patrick’s revenues rise 35%. Sun’s stock projected …

Sunday Morning Recap-Manufactured Housing Industry News July 24-July 31, 2016 Read More

CFPB Tries to Clarify Know Before You Owe, but Lenders Still See Glitch

By / July 30, 2016 / Business, Finance, home buyers, Legal, Manufactured and Modular Housing News, regulation

  In an attempt to provide more clarity to lenders on the Consumer Financial Protection Bureau(CFPC)’s “Know Before You Owe” mortgage disclosure rule, the agency has proposed “additional tolerance provisions, clarified a partial exemption for housing finance agencies, extended the rule’s coverage to all cooperative units, and provided more clarity …

CFPB Tries to Clarify Know Before You Owe, but Lenders Still See Glitch Read More

One Percent Down Could Put You in a Home

By / July 25, 2016 / Business, Finance, home buyers, Manufactured and Modular Housing News, Manufactured Homes

According to nationalmortgagenews, Chicago-based retail originator Guaranteed Rate has been offering 1% down mortgages through a new nationwide program. Called Double Match, the additional two percent is available through a down payment assistance program, and is completely forgivable for qualified borrowers. MHProNews understands the plan is applicable to condos, town …

One Percent Down Could Put You in a Home Read More

Sunday Morning Recap-Manufactured Housing Industry News July 17-July 24, 2016

By / July 24, 2016 / Advocacy, Announcements, Business, Canada, Communities, Company News, Economy, Factory-Built Homes, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, Modular, regulation, RV, Stocks, Trends, Zoning

What’s New in public focused Manufactured HomeLivingNews.com The Aha! Moment – Entertainer’s Delight LifeStyle Model Home Video Tour Proud to be American, God Bless the USA, Lee Greenwood Music Video, Interview What’s New in Manufactured Housing Industry Professional News Trump’s acceptance speech unexpectedly draws favorable response on CNN. New Jersey …

Sunday Morning Recap-Manufactured Housing Industry News July 17-July 24, 2016 Read More

Sunday Morning Recap-Manufactured Housing Industry News July 10-July 17, 2016

By / July 16, 2016 / Advocacy, Announcements, Awards, Business, Communities, Company News, Economy, Factory-Built Homes, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, Modular, People, regulation, RV, Stocks, Trends

What’s New in public focused Manufactured HomeLivingNews.com Educator, Builder Compare Conventional House to Residential Style Manufactured Home Living & Quality Illinois Professional Couple Discover their Getaway Home near Florida’s top Beaches What’s New in Manufactured Housing Industry Professional News Section 8 vouchers good for buying manufactured home. CBO: U. S. …

Sunday Morning Recap-Manufactured Housing Industry News July 10-July 17, 2016 Read More

Calls for Housing Finance Reform Continue to Resound

By / July 13, 2016 / Business, Economy, Finance, home buyers, Legal, Manufactured and Modular Housing News

While many on both sides of the aisle recognize the importance of reforming the secondary housing finance system, 32 Congressional Democrats sent a letter to Federal Housing Finance Agency (FHFA) Director Mel Watt saying the government-sponsored enterprises’ (GSEs) capital base, which is set to expire in 2018, sends out a …

Calls for Housing Finance Reform Continue to Resound Read More

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Manufactured Housing Composite Value passes 1525, but Investors Keep selling

By / July 12, 2016 / Business, Company News, Economy, Finance, Manufactured and Modular Housing News

Marketwatch’s Joseph Adinolfi points out that as new highs are hit on the Dow, that investors have actually been selling for months. “Investors have pulled the equivalent of $133 billion from global equity funds so far this year, according to a weekly fund flows report from Bank of America Merrill …

Manufactured Housing Composite Value passes 1525, but Investors Keep selling Read More

Sunday Morning Recap-Manufactured Housing Industry News July 3-July 10, 2016

By / July 9, 2016 / Advocacy, Announcements, Business, Communities, Company News, Economy, Factory-Built Homes, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, Modular, RV, Stocks, Trends

What’s New in public focused Manufactured HomeLivingNews.com Educator, Builder Compare Conventional House to Residential Style Manufactured Home Living & Quality Double-Digit Manufactured Home Sales Growth, MHARR July 7 Report What’s New in Manufactured Housing Industry Professional News House defeats two amendments that would cripple proposed MH financing. Ohio county pursuing …

Sunday Morning Recap-Manufactured Housing Industry News July 3-July 10, 2016 Read More

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