Updating a story MHProNews published Jan. 16, 2015 regarding the city of Pearl, Mississippi’s attempt to prevent a manufactured home community (MHC) from refilling vacated sites with manufactured homes (MH), Madison-Rankin Circuit Judge John H. Emfinger ruled the city does not have that authority, saying the ordinance would destroy the …
Judge Rules Manufactured Home Community’s Right to Replace Homes Read More
Stephen D. Williamson, vice president of the St. Louis Federal Reserve, says the Fed’s quantitative easing policy of purchasing monthly debts to stimulate the economy following the Great Recession was not all that beneficial to economic improvement. He says the zero interest rates since 2008 have not promoted good inflation …
MHProNews has learned from athensreview the Athens (Texas) City Council voted to amend an ordinance that alters the age of manufactured homes (MH) that are allowed to be sited in the city. The ordinance originally allowed MH from 1990 to be moved in, according to Athens Director of Planning and …
Texas City Allows only Newer Manufactured Homes to be Sited Read More
A decision by the owners of Burt Estates manufactured home subdivision in Diamond, Illinois to install water meters on each property has angered some of the residents of this 187-home site community, according to morrisherald-news, to the extent they intend to form a homeowners association. Residents also mentioned old electrical …
Manufactured Home Community Installing Individual Water Meters Read More
What’s New in public focused Manufactured HomeLivingNews.com Stan Dye talks Manufactured Home Lending and MH Site Preparation Do-It-Yourself Heat Tape Video! Prevent Winter Freeze Ups for Manufactured Homes and Houses over Crawl Spaces What’s New in Manufactured Housing Industry Professional News PBS Story on MH Finance Due. Sun, UMH, Adding …
Sunday Morning Recap-Manufactured Housing Industry News Aug. 16-Aug. 23, 2015 Read More
The owners of the Hillcrest Estates manufactured home community in Portsmouth, NH received unanimous approval from the Portsmouth Planning Board for conditional use permits to upgrade the community, much to the delight of some 50 residents who stood and applauded the vote, reports seacoastonline. First developed in the 1960s, attorney …
New Owners of Land Lease Community Bring Applause from Residents Read More
MHProNews has learned PBS News will soon be doing video interviews focusing on manufactured home lending. Sources tell us the interviewer will do a balanced report with views from both sides of the issue. Dr. Lesli Gooch from the Manufactured Housing Institute (MHI) writes how Dodd-Frank is harming the very …
PBS Segment on Manufactured Home Lending; MH Pros Need to Work Together Read More
The City Council of Sanger, California is holding a public hearing to consider amending the municipal code to allow manufactured homes on property zoned for conventional single-family residences. The change would bring the code up to date with state law, according to thesangerherald. In a related public hearing, city council …
CA City to Allow Manufactured Homes Among Conventional Housing Read More
Writing in rollcall, Manufactured Housing Institute’s (MHI) Senior Vice President for Government Affairs Dr. Lesli Gooch says while different Congressional committees are evaluating the five-year-old Dodd-Frank Act, people in many rural communities are being harmed rather than protected. She writes, “The Dodd-Frank Act is preventing everyday Americans from accessing the …
Dr. Gooch of Manufactured Housing Institute calls for Dodd-Frank Adjustment Read More
The Manufactured Housing Institute (MHI) has informed MHProNews that the city council of San Clemente, California is voting to relinquish its enforcement responsibility for the manufactured home communities in the city, and refer that responsibility back to the California Department of Housing and Community Development. City council cited budgetary constraints …
California City Relinquishes Enforcement of Land Lease Communities Read More
Datacomp, a provider of manufactured home (MH) appraisals and MH industry market data since 1987, has informed MHProNews of its new manufactured home valuation service that enables compliance with the rules for Higher-Priced Mortgage Loans (HPML) that now cover most financed manufactured home transactions. Datacomp MSRV (Market-Suggested Retail Value) can …
Datacomp Announces new Valuation Tool to Comply with Higher-Priced Mortgage Loans Read More
A measure introduced in the Senate by U. S. Senators Mike Rounds (R-SD) and Angus King (I-ME) would give community banks, credit unions and small businesses a say in the Consumer Financial Protection Bureau’s (CFPB) rulemaking process, according to what dsnews tells MHProNews. Known as the Bureau of Consumer Financial …
Bill would Give a Voice to Smaller Lenders within the Consumer Financial Protection Bureau Read More
With only five months before a 20 year-old agreement stabilizing manufactured home community (MHC) rents expires in Vista, California, talks between residents and community owners have reached a stalemate. During talks that began in April, owners insisted residents pay for updating infrastructure in the aging communities, according to sandiegouniontribune. Most …
Manufactured Home Community Owners, Residents at Odds over Infrastructure Repairs Read More
What’s New in public focused Manufactured HomeLivingNews.com Nubble Lighthouse and Sohier Park. York, Maine – US Destination What’s New in Manufactured Housing Industry Professional News GSEs set to offer secondary market for manufactured home loans. Two MHCs change hands, new MHC planned in Canada. CFPB not protecting consumers OR employees. …
Sunday Morning Recap-Manufactured Housing Industry News Aug. 9-Aug. 16, 2015 Read More
Writing in townhall, Ken Blackwell says the four-year old Consumer Financial Protection Bureau (CFPB) discriminates against the people it has vowed to protect, inside and outside the agency, and is riddled with waste, inefficiency and mismanagement. Noting Director Richard Cordray would be out of a job if the agency was …
Consumer Financial Protection Bureau is Rife with Discrimination Read More
While the “duty to serve” mandate requiring loans be made available for manufactured home purchases has been on the books since 2008 but never enforced, it may soon see the light of day. The Federal Housing Finance Agency (FHFA) is set to require Fannie Mae and Freddie Mac to purchase …
Secondary Market for Manufactured Home Loans Directive Due Soon Read More
Following a story MHProNews posted Aug. 8, 2015 regarding San Jose, California’s attempt to forestall the re-purposing of the city’s 59 land lease communities, mercurynews reports the San Jose City Council directed staff to develop an ordinance within two weeks that would prevent the city from processing any paperwork to …
San Jose wants a Six Month Moratorium on Re-purposing of Manufactured Home Communities Read More
While manufactured home community (MHC) owners in Langley Township, British Columbia, Canada cannot be compelled to pay relocation costs to displaced residents when redeveloping their communities, municipalities can negotiate relocation costs with the owner when application is made for rezoning, according to langleytimes. The Seniors Advisory Committee had asked the …
Council Strengthens Language Regarding Relocating Residents Read More
In the second project of Dauphin County’s Land Bank Authority, four dilapidated townhouses will be demolished and replaced with five modular homes in Susquehanna Township, a suburb of Harrisburg, Pennsylvania, according to what pennlive tells MHProNews. Three health officers have been working on the four buildings over the years, citing …
Following a story MHProNews posted July 27, 2015 regarding the possibility that the Department of Housing and Urban Development (HUD) may increase payments to State Administrative Agencies (SAAs), the Manufactured Housing Association for Regulatory Reform (MHARR) states that HUD’s proposed overall funding to the SAAs would diminish because part of …
