As follow-up to a story we last posted May 17, 2011 whereby the U.S. Supreme Court confirmed a lower court’s ruling that rent control at Rancho Mobile Home Estates in Goleta, Calif. is constitutional, the owner of Rancho, Daniel Guggenheim, recently won a state case that permits him to sell …
NationalMortgageNews reports with the mortgage industry complaining that the qualified mortgage (QM) rule issued by the Consumer Financial Protection Bureau (CFPB) will hinder hundreds of thousands of potential borrowers from obtaining a QM loan, HR Bill 1077 clears up the three percent cap on points and fees in the QM …
The Memphis-Shelby County Office of Planning and Development (OPD) has recommended approval of the former Memphis Mobile City that flooded in 2010 and 2011 becoming an RV resort with over 100 sites, as memphisdailynews tells MHProNews. The adjoining 33 acres not in a floodplain would be a 101-site manufactured home …
According to the kilgorenewsherald, the city council in the northeast Texas town of New London granted permission to a new resident to install a manufactured home on a half-acre of land. The owner agreed to follow city ordinances regarding porches and skirting. Also, the owner of a multi-section manufactured home …
HousingWire reports during a Senate Banking Committee hearing concerning the nomination of Richard Cordray to head the Consumer Financial Protection Bureau (CFPB) for a second term, some committee members put Cordray on the hot seat. They grilled him about his operation of the agency and what would happen to the …
The brenhambanner from Brenham, Texas. reports a variance that would have allowed the construction of a 106-site manufactured housing community has been voted down by the Brenham City Council. As MHProNews has learned, Adolph Wehmeyer had requested the variance. Brenham is just northwest of Houston. (Image credit: Wikipedia)
According to capegazette.villagesoup, Delaware State Representative Ruth Briggs King, whose race we covered last Nov. 2, 2012, represents District 37, which consists of 25 percent manufactured home residents. In response to a letter to the editor in the capegazette, Rep. King writes of the legislation she intends to introduce that …
The American Banker informs MHProNews the Federal Housing Administration (FHA) is issuing its own QM rule because the Consumer Financial Protection Bureau (CFPB)’s may conflict with the FHA’s Single-Family Program. HUD spokesman Brian Sullivan states FHA has the authority under Dodd-Frank to create its own ability-to-repay rule, and will be …
Updating a story MHProNews posted Jan. 14, 2013 about residents of Killam Properties, Inc.’s Mountain View Estates MHC at Lake Echo, Nova Scotia, Canada having to boil their water (or buy it bottled) for 14 months, it is now safe to drink for the 300 families who live there. One …
The columbiamissourian tells MHProNews the High Hill Circle Mobile Home Park in Columbia, MO will expand by 16 homesites if the Doris Overton Trust, the owner of the MHC, has its way. The proposal would rezone the 26.4 acres from moderate density residential to residential manufactured home. The major infrastructure …
The Salt Lake Tribune informs MHProNews a measure that unanimously cleared a House of Representatives committee is more favored by MHC residents than by MHC owners. HB143’s sponsor says today’s manufactured homes are expensive to move if someone’s site lease is terminated, and defines acceptable reasons for eviction. It says …
Legislative Measure Designed to Protect MHC Residents Read More
The dailyfreeman informs MHProNews that a modular home on the verge of being sold to a low-income family in Kingston, NY is the center of some controversy, due to the former mayor’s connection to the company that originally sold the home to the city and Ulster YouthBuild in 2011. The …
ValleyMorningStar reports from Austin, TX, State Senate Bill 499 would streamline the process that allows MH owners who have un-imbursed legal claims against MH dealers to access reimbursement from a fund established by the state. The Manufactured Homeowners Recovery Trust Fund pays actual damages through a budgeted $300,000 yearly fund. …
CNNMoney informs MHProNews that home foreclosure may not end a borrower’s monetary responsibility if the bank does not transfer the deed or hold an auction. Almost two million properties started but never completed the foreclosure process, which can leave the borrower holding the bag for property taxes, fees, and association …
Under Massachusetts law, MHC residents have the opportunity to match an offer by a third party to buy their community once it is offered for sale. Wheel Estates’ owner Morgan Management has a signed purchase agreement from Real Estate Seekers LLC for $2.73 million for the North Adams, MA community …
In the 77th Oregon Legislative Assembly, the Senate is considering a measure that would punish unscrupulous “manufactured structure” dealers by revoking their license for up to five years, which includes all factory-built residential and commercial buildings. It would put the industry on the same legal footing as building contractors. As …
The marshfieldnewsherald informs MHProNews a woman at the 37-site Birch Tree Estates MHC in Plover, Wis. brought domesticated rats home from pet stores, and over time they bred with wild rats and soon the rodents numbered in the hundreds. The woman has been evicted, and motion sensors in the house …
Updating a story we ran Feb. 18, 2013 concerning Ridgefield Modular Home Corp.’s application to build a modular housing complex comprised of six units in two buildings in Ridgefield, Conn., according to ridgefieldpatch the Inland Wetlands Board (IWB) intends to deny the application based on insufficient information about drainage and …
KWCH-TV 12 reports from Anthony, Kan., housing is in such short supply due to the demand for housing from oil field workers tapping into the Mississippi Limestone formation, the Anthony City Commissioners have approved a special use permit to allow six modular units to be sited in the southeast corner …
The Manufactured Housing Institute (MHI) informs MHProNews Sen. Jerry Moran (R-Kan.) introduced legislation to replace the Consumer Financial Protection Bureau (CFPB) director with a five-member commission, and make it accountable to the same appropriations as most other federal agencies. House Financial Services Committee Chairman Jen Hensarling (R-TX) indicated that the …
