Legal Archives

Oct 25 2015October 24, 2015

Sunday Morning Recap-Manufactured Housing Industry News Oct. 18-Oct. 25, 2015

By Matthew Silver / October 25, 2015 October 24, 2015 / Advocacy, 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

What’s New in public focused Manufactured HomeLivingNews.com Retired Realtor ® and Conventional Housing Pro on Why they Bought a Manufactured Home Comparing Quality to Quality – Conventional On-Site Building vs. Manufactured Homes What’s New in Manufactured Housing Industry Professional News “Duty to Serve” Rule Planned by FHFA, as cost of …

Sunday Morning Recap-Manufactured Housing Industry News Oct. 18-Oct. 25, 2015 Read More

Oct 23 2015December 1, 2015

400 Modular Units to be Deployed in Dublin for the Homeless

By Matthew Silver / October 23, 2015 December 1, 2015 / Factory-Built Homes, Legal, Manufactured and Modular Housing News, Modular

In August, in Dublin, Ireland, there were 1,275 homeless children among 607 families, up from 1,185 homeless children from 556 families in July, as MHProNews reported Sept. 15, 2015 in a story about housing the homeless. According to irishtimes, the week of Sept. 21 to Sept. 27, 2015 those numbers …

400 Modular Units to be Deployed in Dublin for the Homeless Read More

Oct 22 2015

RV/MH Hall of Fame Head saves over $600,000

By Matthew Silver / October 22, 2015 October 22, 2015 / Business, Finance, Legal, Manufactured and Modular Housing News, Manufactured Homes, RV

Darryl Searer, chairman and president of the Recreational Vehicle/Manufactured Housing (RV/MH) Hall of Fame in Elkhart, Indiana has announced that a 12-year loan taken out to purchase the David Woodworth antique RV collection has been paid in full— in just 2½ years, saving the Hall $565,000. Searer successfully renegotiated the …

RV/MH Hall of Fame Head saves over $600,000 Read More

Oct 22 2015

Final “Duty to Serve” Rule Planned; Average MHC Site Cost Nearly Doubles in 18 Months

By Matthew Silver / October 22, 2015 October 22, 2015 / Business, Communities, Finance, Legal, Manufactured and Modular Housing News, Manufactured Homes

Recalling a story MHProNews posted Sept. 5, 2014 regarding Mel Watt, then the new FHFA head, who said the “duty to serve” (DTS) rule as it impacts manufactured housing will be “revisited,” now says, “In 2016, we also plan to finalize a Duty to Serve rule, which will encourage Fannie …

Final “Duty to Serve” Rule Planned; Average MHC Site Cost Nearly Doubles in 18 Months Read More

Oct 22 2015

Residents React to New rules for Manufactured Home Community

By Matthew Silver / October 22, 2015 October 22, 2015 / Business, Communities, Company News, Legal, Manufactured and Modular Housing News, Manufactured Homes, People, regulation

Intense sparring erupted at a meeting between residents of The Grove Manufactured Home Community and the MHC owner, Todd Green, of Hillsboro Properties, over new rules for the community, located in Modesto, California. to take effect May, 2016. Several residents said some of the rules are vague and open the …

Residents React to New rules for Manufactured Home Community Read More

Oct 21 2015

Implementation of TRID Rough; Charges Fly

By Matthew Silver / October 21, 2015 October 21, 2015 / Business, Economy, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News

The new disclosure rule which combines the previous Truth in Lending Act (TILA) requirements with the Real Estate Settlement Practices Act (RESPA) into one Integrated Disclosure, called TRID, has not rolled out well due to mortgage software problems and Congressional inaction, said CFPB Director Richard Cordray to the Mortgage Bankers …

Implementation of TRID Rough; Charges Fly Read More

Oct 20 2015

Ohio MHA Succeeds in Removing Objectionable Legislative Language

By Matthew Silver / October 20, 2015 October 20, 2015 / Advocacy, Business, Communities, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, People, regulation

On May 14, 2015 MHProNews reported Tim Williams, Executive Director of the Ohio Manufactured Homes Association (OMHA), testified against objectionable EPA language in the Ohio state senate’s budget legislation that would require a manufactured home community owner to escrow 15 percent of the cost to update a water system if …

Ohio MHA Succeeds in Removing Objectionable Legislative Language Read More

Oct 20 2015October 19, 2015

Modular Homes Challenged in Cape Coral, Florida

By Matthew Silver / October 20, 2015 October 19, 2015 / Business, Factory-Built Homes, home buyers, Legal, Manufactured and Modular Housing News, Modular, People, regulation

A group opposing modular homes in Cape Coral, Florida, intends to state its opposition at the city council meeting, according to what fort-myers-beach-observer tells MHProNews, alleging that the lower cost and energy efficient homes will reduce the value of neighboring homes. Council member Richard Leon wants the state to allow …

Modular Homes Challenged in Cape Coral, Florida Read More

Oct 18 2015

Sunday Morning Recap-Manufactured Housing Industry News Oct. 11-Oct. 18, 2015

By Matthew Silver / October 18, 2015 October 18, 2015 / Advocacy, Awards, Business, Communities, Company News, Factory-Built Homes, Finance, home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes, Modular, People, Stocks, Trends

What’s New in public focused Manufactured HomeLivingNews.com Pets, Vets, Single Parenting, Student Debt and The Manufactured Home Solution! Take the Manufactured Home Quiz! Weathering the Storms: How Manufactured Homes Can Do It Better What’s New in Manufactured Housing Industry Professional News Marin County seeking more affordable housing. UFPI, Skyline post …

Sunday Morning Recap-Manufactured Housing Industry News Oct. 11-Oct. 18, 2015 Read More

Oct 16 2015October 22, 2015

Government-Sponsored Enterprise Stabilizes $1 Billion of Affordable Housing

By Matthew Silver / October 16, 2015 October 22, 2015 / Business, Communities, Finance, home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes

Freddie Mac multifamily has financed $1 billion in manufactured housing community loans in 18 months, according to what marketwired tells MHProNews. These are loans made to manufactured home community (MHC) owners, representing over 25,000 home sites in 23 states. “MHC loans are an example of how we are serving new …

Government-Sponsored Enterprise Stabilizes $1 Billion of Affordable Housing Read More

Oct 15 2015October 17, 2015

Former Brooklyn Modular Builder Posts Profit

By Matthew Silver / October 15, 2015 October 17, 2015 / Business, Company News, Factory-Built Homes, Legal, Manufactured and Modular Housing News, Modular

MHProNews has learned from businesswire that the Swedish company, Skanska, took a write down of 630 million krona, about $75.6 million, for third quarter operations in the U. S. The majority of the losses stem from six projects where the client changed the design plans, and lowered productivity. After the …

Former Brooklyn Modular Builder Posts Profit Read More

Oct 14 2015

Tony CA County Seeking more Affordable Housing

By Matthew Silver / October 14, 2015 October 14, 2015 / Advocacy, Business, Economy, home buyers, Legal, Manufactured and Modular Housing News, regulation, Trends

Marin County officials are seeking methods to either build or maintain affordable housing in this very pricey neighborhood of the San Francisco Bay, according to nationalmortgagenews. At a workshop on housing in the Chambers of the Board of Supervisors, there were many proposals from the overflow citizenry, but the county …

Tony CA County Seeking more Affordable Housing Read More

Oct 12 2015

More Patrick Changes Hands

By Matthew Silver / October 12, 2015 October 12, 2015 / Business, Company News, Legal, Manufactured and Modular Housing News, Manufactured Homes, People

Following a continuing saga of Jeffrey L. Gendell unloading shares of Patrick Industries, Inc., as MHProNews reported Oct. 8, when he sold 19,200 shares earlier in the week, he has sold more, according to a filing with the Securities and Exchange Commission (SEC), as reported by dakotafinancialnews. Any transaction involving …

Mortgage Industry Pushing for Four-month Grace Period from TRID

By Matthew Silver / October 12, 2015 October 11, 2015 / Business, Economy, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News

As the TRID (Truth in Lending Act, or TILA) and the Real Estate Settlement Procedures Act (RESPA) Integrated Disclosure rules went into effect last week–also known as “Know Before you Owe”– mortgage industry groups continue to ask for a grace period of four months from enforcement actions and private lawsuits. …

Mortgage Industry Pushing for Four-month Grace Period from TRID Read More

Oct 11 2015October 10, 2015

Sunday Morning Recap-Manufactured Housing Industry News Oct. 4-Oct. 11, 2015

By Matthew Silver / October 11, 2015 October 10, 2015 / Awards, Business, Canada, Communities, Company News, Economy, Finance, home buyers, Legal, Legislation, Manufactured Homes, Modular, People, regulation, RV, Stocks

What’s New in public focused Manufactured HomeLivingNews.com Kim Capen Medville ROC – MH Appreciation and the Senior Community Lifestyle What’s New in Manufactured Housing Industry Professional News MH Production continues rising. Maryland county shuns sprinklers. Doug Ryan remains oppositional. Clayton adds site-built homes. MHI elects new officers. ELS and Killem …

Sunday Morning Recap-Manufactured Housing Industry News Oct. 4-Oct. 11, 2015 Read More

Oct 9 2015October 9, 2015

Doug Ryan, CFED, HR 650/S 682 and Manufactured Home Lending

By Matthew Silver / October 9, 2015 October 9, 2015 / Advocacy, Business, Economy, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, People

Writing in an Industry in Focus report, MHProNews publisher L. A. ‘Tony’ Kovach lines up various references and witnesses to call publicly upon CFED’s Doug Ryan to modify its opposition to the Preserving Access to Manufactured Housing Act (HR 650/S 682). Citing Barney Frank, Marty Lavin, research done by Jan …

Doug Ryan, CFED, HR 650/S 682 and Manufactured Home Lending Read More

Oct 9 2015

State Law Eases Manufactured Home Disposal

By Matthew Silver / October 9, 2015 October 9, 2015 / Business, Communities, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes

The Western Manufactured Housing Communities Association (WMA) has notified MHProNews of a new California law that allows community owners to demolish abandoned MH as well as those acquired via a warehouse lien, a bill supported by the WMA. A warehouse lien is a charge for storage and preservation. The law …

State Law Eases Manufactured Home Disposal Read More

Oct 9 2015

Maryland County Seeking to Douse Sprinkler Law

By Matthew Silver / October 9, 2015 October 9, 2015 / Business, Factory-Built Homes, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, Modular

At a meeting of the Dorchester County Council in Maryland, discussion focused on opting out of the state’s mandated sprinkler system requirement for new homes. The regulation also covers manufactured homes that relocate, and will need to be retro-fitted with sprinklers, according to what dorchesterbanner tells MHProNews. Adding sprinklers to …

Maryland County Seeking to Douse Sprinkler Law Read More

Oct 7 2015

Subdivisions of Tiny Homes Rising in Colorado

By Matthew Silver / October 7, 2015 October 7, 2015 / Business, Communities, Company News, Factory-Built Homes, Legal, Manufactured and Modular Housing News, Modular, regulation, Trends

Later this month a developer will break ground on the old Walsenburg High School football field for 28 tiny modular homes, according to what Colorado Public Radio tells MHProNews. Walsenburg Mayor James Eccher played football there years ago and at first could not imagine anyone would want to live in …

Subdivisions of Tiny Homes Rising in Colorado Read More

Oct 7 2015

Ron Breymier to Lead IMHA-RVIC

By Matthew Silver / October 7, 2015 October 7, 2015 / Advocacy, Business, Company News, Legal, Manufactured and Modular Housing News, Manufactured Homes, RV

The Indiana Manufactured Housing Association – Recreation Vehicle Indiana Council (IMHA-RVIC) announces that Ron Breymier has been appointed Executive Director of the association. A veteran of IMHA-RVIC, he served as the Executive Director for five years from 1986-1991, and has lobbied on behalf of the association at the Indiana State …

Ron Breymier to Lead IMHA-RVIC Read More

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