Democratic National Committee (DNC) Chair Rep. Debbie Wasserman Schultz has teamed up with conservative lawmakers opposing Consumer Financial Protection Bureau (CFPB) regulations about predatory payday lending, feeding into a rift in the party already fractured by a bitter presidential primary. The agency is trying to disrupt the cycle of debt …
According to a survey by the American Bankers Association (ABA), the Truth-in-Lending/Real Estate Settlement Procedures Act integrated disclosures (TRID) that took effect Oct. 3, 2015, continues to leave a trail of vendor software problems, longer processing times, and closing delays that average eight days, although some have taken as long …
TRID Rule Continues to Hamper Mortgage Lending Industry Read More
A Hendersonville, North Carolina family intends to provide up to 21 new multi-section manufactured homes (MH) in a community for seniors, and will ask the Hendersonville City Council for a waiver of the city’s impact fee, as hendersonvillelightning tells MHProNews.. Cheria, Billy and Tony Duncan hope to buy Whiteside’s Green …
Prospective MHC Owners Plan to Upgrade the Community with New Homes Read More
NeighborWorks America, in acknowledging National Consumer Protection Week March 6-12, offers six tips to empower renters to protect themselves and make informed decisions. According to what marketwired tells MHProNews: You should avoid rental scams that require you to wire money or pay a security deposit before you have signed a …
National non-profit Suggests Manufactured Housing as an Option to Renting Read More
Oregon Democratic legislators are trying to hurry through four bills dealing with affordable housing during the waning days of the short session of the legislature, according to an editorial in registerguard. While opponents of the bills may prevail, everyone agrees there is a definite shortage of affordable housing stock in …
Bills would Begin to Address the Shortage of Affordable Housing Read More
What’s New in public focused Manufactured HomeLivingNews.com Discovering a 9 out of 10 “Mobile Home Park” Lifestyle What’s New in Manufactured Housing Industry Professional News MHC development on Pacific coast may wash out, while Hillcrest MHC in New Hampshire gets nod for expansion. UK modular plant to hire 400-500, modulars …
Sunday Morning Recap-Manufactured Housing Industry News Feb. 21-Feb. 28, 2016 Read More
Warren Buffett, in his annual letter to stockholders, said the economy is doing much better than some politicians running for the White House say in their campaign talk. According to NPR, he said children born today will have a very good life, despite the slow recovery from the Great Recession. …
Okaloosa County, Fla. Sheriff’s Deputies say 58 year-old William Hemphill and his son, Anthony Hemphill, 38, have admitted their guilt in a conspiracy to defraud non-profits, according to wjhg. The Crestview father and son told organizations that the company they represented would provide new modular homes if the non-profit would …
Updating a story MHProNews has been following with over a dozen posts since Oct. 28, 2015, player.98fm reports from Dublin, Ireland, the modular units to house the homeless have been hit with another delay in Ballymun. Initially scheduled for 22 homes to be ready for occupancy by Christmas, the project …
The manufactured home community (MHC) in Hewitt, Texas was established in 1970, and about ten years later ordinances were approved to govern the community, but now need to be updated. Specifically, the city’s community development director, Terry Lankford, wants to make them more accommodating to residents. Dealing with lot sizes …
Older MHC Requires New Ordinance to Accommodate Larger Homes Read More
According to atr.org, Republicans on the House Financial Services Committee have set their sights for 2016 on repealing the Volcker Rule and the perpetually funded Consumer Financial Protection Bureau (CFPB). The Volcker Rule is named after Paul Volcker, the former Federal Reserve Chairman who was appointed by President Obama to …
House Committee Seeks to Repeal Volcker Rule and CFPB Read More
The first phase of a pilot project of 30 to 40 modular shipping container homes to house the homeless in Vancouver, British Columbia could result in 300 of the homes added each year. While the plans are in the early stages, each 150 sq. ft. unit will have its own …
Vancouver may Provide 300 Modular Homes Annually for Homeless Read More
Manufactured housing (MH) is an inexpensive path to the American Dream of homeownership, said Doug Ryan, Director of Affordable Homeownership at the Corporation for Enterprise Development (CFED). But he claims there is a lack of competition among the few MH lenders that exist—a market dominated by Clayton Homes, which builds, …
Doug Ryan: Expand the Lending Opportunities for MH Buyers Read More
Updating a story MHProNews posted July 21, 2014 about Wyoming Homes owner David Valenti being sued by the Pennsylvania AG for not delivering manufactured and modular homes for which he was paid, and not fulfilling contacts, timesleader reports he pleaded guilty in Luzerne County Court to 19 counts of theft. …
Updating a story MHProNews posted on Aug. 22, 2015 regarding plans by the owners of Hillcrest Estates manufactured home community (MHC) to upgrade the community and add up to 70 new MH over the next ten years, the Portsmouth, New Hampshire Planning Board approved a conditional use permit for a …
Expansion for Hillcrest Estates MHC Approved by Planning Board Read More
MHProNews last posted a story Jan. 25, 2016 concerning the standoff between the California Coastal Commission on one side, and the city of Pacifica, CA and Pacific Skies Estates MHC on the other, over the upgrade of the community by the city without an environmental review of long-term erosion, sea …
California Coastal MHC Development Project may be in Jeopardy Read More
What’s New in public focused Manufactured HomeLivingNews.com Noise and Smoke vs. Facts About Manufactured Homes and Lending What’s New in Manufactured Housing Industry Professional News Tucson MHC to be developed. Utilities now metered at MHC homes. Plans approved for MHC expansion. Patrick posts strong financials for quarter, year. MHC residents …
Sunday Morning Recap-Manufactured Housing Industry News Feb. 14-Feb. 21, 2016 Read More
About 70 residents of Rancho Los Amigos manufactured home community (MHC) in Tucson, Arizona have been notified they will have to move by Aug. 1, 2016 to make way for a232-unit apartment complex. Alta Vista Communities has purchased the community for $4.8 million, as tucson informs MHProNews. State law requires …
Tucson Manufactured Home Community to be Developed Read More
Updating a story MHProNews last posted Dec. 19, 2015 regarding an addition to an MHC at the edge of Smith Field airport, with a retention pond attracting waterfowl that can interfere with airplanes, owner Sun Communities, Inc. (NYSE:SUI) will build a ‘dry pond,’ one that will dry out within 48 …
Final Plans Approved for Expansion of Manufactured Home Community Read More
Following a story MHProNews last posted Feb. 15, 2016 regarding the (much applauded) proposed rule change by HUD that would draw a clearer distinction between manufactured homes and recreational vehicles, U. S. Representative Jackie Walorski, as co-founder of the Congressional Recreational Vehicle Caucus, led congressional attempts to clarify the distinction. …
