Legislation

Dr. Gooch of Manufactured Housing Institute calls for Dodd-Frank Adjustment

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 …

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Bill would Give a Voice to Smaller Lenders within the Consumer Financial Protection Bureau

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 …

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Sunday Morning Recap-Manufactured Housing Industry News Aug. 9-Aug. 16, 2015

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

Secondary Market for Manufactured Home Loans Directive Due Soon

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 …

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MHARR Questions HUD’s Proposed New SAA Funding

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 …

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Former Head of Manufactured Housing at HUD Urges Passage of S. 682

William Matchneer, who once served as head of the Manufactured Housing Program at the Department of Housing and Urban Development (HUD), and from 2011 to 2014 with the Consumer Financial Protection Bureau (CFPB), recounts how implementation of the Dodd-Frank Act directives for High-Cost Mortgages under the Home Ownership and Equity …

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House Measure would Replace older Manufactured Homes with New Ones

Representative Keith Ellison (D-MN) introduced H. R. 3275 on July 29, 2015 to authorize the Secretary of Housing and Urban Development (HUD) to issue funding to owners of manufactured homes for the replacement of those homes with Energy Star-rated manufactured or modular homes, as MHProNews has learned from popvox. According …

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Sunday Morning Recap-Manufactured Housing Industry News July 26-Aug. 2, 2015

What’s New in public focused Manufactured HomeLivingNews.com Art Linkletter and Manufactured Housing today Maintaining Quality and Strength While Saving Homebuyers Money – Inside MH Video with Mike Stone, part 2 What’s New in Manufactured Housing Industry Professional News Texas city lifts ban on MH after show of strength by industry …

Sunday Morning Recap-Manufactured Housing Industry News July 26-Aug. 2, 2015 Read More

Tampa OpEd Calling for Fairness and Respect Resonating with Manufactured Home Industry

An OpEd in Tampa’s tbo entitled Fairness and Respect for Florida’s Manufactured Home Owners  has put a local focus on the OpEd in thehill in which MHLivingNews and MHProNews publisher L. A. “Tony” Kovch notes the unintended consequences of the Dodd-Frank Act that make lending on manufactured homes valued at or …

Tampa OpEd Calling for Fairness and Respect Resonating with Manufactured Home Industry Read More

Appeals Court Rules Challenge to CFPB’s Existence can Move Forward

According to reuters, the U. S Court of Appeals for the District of Columbia Circuit has ruled the State National Bank of Big Spring, Texas has legal standing to challenge the constitutionality of the Consumer Financial Protection Bureau (CFPB) as well as the appointment of its director, Richard Cordray. Being …

Appeals Court Rules Challenge to CFPB’s Existence can Move Forward Read More

Sunday Morning Recap-Manufactured Housing Industry News July 19-July 26, 2015

What’s New in public focused Manufactured HomeLivingNews.com > A Hunter and Native American Decorator’s Dream! John Howard’s Home, Inside MH Road Show Video > How A Manufactured Modular Home Production Center Achieves Savings and Quality – Inside MH Video with Mike Stone > 4 Easy Ways to Keep Your Home Clean What’s New …

Sunday Morning Recap-Manufactured Housing Industry News July 19-July 26, 2015 Read More

The Avoidance of the Rule of Law by Dodd-Frank

Writing in wsj, former Chairman of the Senate Banking Committee Phil Gramm, noting the effects of Dodd-Frank on the banking system, says although the Federal Reserve’s quantitative easing has increased bank reserves, lending has barely risen. The Federal Deposit Insurance Corp. reports that 1,341 commercial banks have closed since 2010, …

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Help Ensure Passage of The Preserving Access to Manufactured Housing Act

The Manufactured Housing Institute (MHI) informs MHProNews on Thursday, the Senate Appropriations Committee passed its Fiscal Year 2016 Financial Services and General Government Appropriations bill, which includes the Preserving Access to Manufactured Housing Act (S. 682/H.R. 650) per Senate Banking Committee Chairman Richard Shelby’s (R-AL) request. While passage of the …

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War of Words? DC’s The Hill Congressional Blog on Manufactured Housing Finance Reform

While the Corporation for Enterprise Development’s (CFED) Doug Ryan nominally supports manufactured homes (MH) as affordable housing for low income consumers, his response to The Hill  about Rep. Steve Fincher’s call to ease the regulatory burdens on prospective purchasers of MH demonstrably misses the mark. As MHProNews and MHLivingNews publisher L. …

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Sunday Morning Recap-Manufactured Housing Industry News-July 12-July 19, 2015

What’s New in public focused Manufactured HomeLivingNews.com Congressman Stephen Fincher is demanding Fairness for MH owners Deer Valley CFO Steve Lawler Inside MH Video and Home Tour Cancer Cures and Today’s MH What’s New in Manufactured Housing Industry Professional News The Manufactured Housing Association for Regulatory Reform’s (MHARR) Mark Weiss documents …

Sunday Morning Recap-Manufactured Housing Industry News-July 12-July 19, 2015 Read More

Today’s Manufactured Homes – Amazingly Low Complaints, per Federal Report

M. Mark Weiss, JD – President and CEO of the Manufactured Housing Association for Regulatory Reform (MHARR), in an email to MHProNews and the Journal, said that the reported termination of the dispute resolution (DR) subcontract between the Savan Group LLC and HUD’s entrenched monitoring contractor, the Institute for Building …

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Senate Bill 1711 Provides for TRID Hold-harmless Period

Following a story MHProNews posted July 8, 2015 regarding the Consumer Financial Protection Bureau’s (CFPB) postponement of implementing mortgage loan transactions under the Real Estate Settlement Procedures Act (RESPA) and Truth-in-Lending Act (TILA), or TRID, Senate bill S. 1711 would provide temporary safe harbor from that enforcement. According to nationalmortgageprofessional, …

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Legislation would Classify Manufactured Homes as Affordable

Chapter 40B, Massachusetts’ comprehensive permit law, which encourages the production of affordable housing, allows developers of low cost housing to override some local zoning laws if the affordable housing stock of the community does not equal ten percent of total homes. Specifically, the new housing projects do not have to …

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CFPB Postpones Implementation of Know Before You Owe

Suggesting the delay may be beneficial to both lenders and consumers, the Consumer Financial Protection Bureau (CFPB) has delayed for a second time the launch of the integrated disclosures for residential mortgage loans under the Truth in Lending Act (TILA) and the Real Estate Settlement Procedures Act (RESPA). It is …

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Manufactured Housing’s Sunday Morning Weekly News Recap June 28 to July 5, 2015

Our goal in presenting news and views from the manufactured and modular home industry is to help you, our readers, make the best possible decision in your business. To that end, we continue to upgrade our presentation to better inform you. In this week’s news you will read of developments …

Manufactured Housing’s Sunday Morning Weekly News Recap June 28 to July 5, 2015 Read More

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