In its Week in Review newsletter, the Manufactured Housing Institute (MHI) is urging its members to contact their congressional delegation to support H.R. 3849, legislation introduced by Reps. Stephen Fincher of Tennessee, Joe Donnelly of Indiana, and Gary Miller of California. The Preserving Access to Manufactured Housing Act seeks to …
From GateHouse News Service, MHPRoNews.com learns that Massachusetts State Senator Marc Pacheco is holding a public forum this week to review manufactured housing law and answer questions about community living. The forum is being held in conjunction with the Attorney General’s Office and the Department of Housing and Community Development …
Massachusetts Senator to Hold Manufactured Housing Forum Read More
On the Pennsylvania House Agenda today was legislation known as SB 1141 and sponsored by Sen. Charles McIlhinney, R-Bucks/Montgomery. The bill defines a “relocated manufactured home” and requires the Department of Community and Economic Development to promulgate regulations regarding installation and safety requirements for relocated manufactured homes. The bill also …
From Delaware and the Cape Gazette comes news that residents of manufactured homes there are looking forward to a second chance on a bill regarding rent justification. Written in conjunction with the National Consumer Law Center, the article notes the bill would force manufactured home park owners to justify rent …
OriginationNews tells MHProNews.com Peter Carroll, the acting assistant director for the Consumer Financial Protection Bureau (CFPB) in charge of the Office of Mortgage Markets, is examining the Federal Reserve’s loan officer (LO) compensation rule. Jurisdiction for the rule was moved to the CFPB in July 2011 from the Fed’s control …
As follow-up to a story we published Feb. 10, 2012, Joe Kelly, executive vice-president of the Manufactured Housing Association of Iowa (MHAI), tells MHProNews.com Iowa’s legislative bill HF 2013 will establish a fund for consumers to borrow money to purchase a manufactured home through the Iowa Finance Authority. The bill …
From Washington, D.C. the Manufactured Housing Institute (MHI) tells MHProNews.com the Stabenow amendment to the Senate’s surface transportation reauthorization legislation (S.1813), which would have extended the energy efficient tax credits for MH and Mod, did not get the required 60 votes needed for passage. Sen. Jim DeMint (R-SC) led the …
MHProNews.com has learned from RealClearPolitics that Alabama Rep. Spencer Bachus, Chairman of the House Financial Services Committee has faced down the toughest opposition of his career, as he begins his 29th year in Congress from the 6th Congressional District in Birmingham. Despite all three Republican primary challengers contending his public …
From a number of sources including the New York Times, MHProNews.com learns that a legislation to ease small businesses’ access to investments and capital markets was approved by the U.S. House of Representatives Thursday. The Jumpstart Our Business Startups Act will soon have a Senate version and is expected to …
The Senate Banking Committee was told by the National Association of Federal Credit Unions (NAFCU) of their opposition to mortgage reform that would eliminate the federal guarantee on mortgages through Fannie Mae and Freddie Mac and other GSEs (government-sponsored enterprises). The plan originally endorsed by the Obama administration would promote …
For the past several years MHC residents have sought legislation in the Utah legislature to help deal with community owners who they allege threaten to evict them if they try to organize a homeowners association, sltrib tells MHProNews.com. The Republican dominated House Business and Labor Committee voted along party lines, …
Jason Boehlert, vice president of government relations for the Manufactured Housing Institute (MHI), shown here explaining the landscape of legislative affairs inside the Washington, D.C. beltway at the MHI legislative session government affairs briefing Feb. 25. His presentation included pending legislation that would provide regulatory relief for the manufactured housing …
Boehlert Addresses MHI’s Winter Legislative Session Read More
Congress passed a $150 billion bill that extends the payroll tax reduction and unemployment benefits for ten months without increasing the guarantee fees (g-fees) on Fannie Mae and Freddie Mac. Consideration was at first given to raising the fees as a means to pay for the extension but then dropped. …
NationalMortgageNews tells MHProNews.com Richard Cordray, the recess-appointed head of the Consumer Financial Protection Bureau (CFPB), made his first appearance on Capitol Hill at a meeting with members of the Senate Banking Committee, some of whom want budget oversight and structural changes to the agency. Cordray says the CFPB is similar …
Cordray Ticks off Achievements to Ticked-off Senators Read More
An ongoing bureaucratic wrangle in Alabama over licensing and governmental authority for the installation of modular storm shelters has left hundreds of people in DeKalb County vulnerable as storm season approaches. A bidding war for the contract resulted in a lawsuit, and the Alabama Manufactured Housing Commission claims it should …
In an exclusive communication from MHI, MHProNews.com has learned Richard “Dick” Jennison has been chosen to head the Manufactured Housing Institute (MHI). The former partner and Senior Vice President at Omni Solutions Group where he managed their large not-for-profit business practice, Jennison previously spent nearly eight years as president of …
MHProNews.com has learned from Jason Boehlert, vice president of government relations at the Manufactured Housing Institute (MHI), On February 7, the Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) released final rules extending anti-money laundering (AML) and suspicious activity report (SAR) requirements to non-bank residential mortgage lenders and originators. Non-bank …
A U.S. Small Business Administration pilot loan program aimed at increasing access to inventory financing for auto, boat, RV and other dealerships was re-launched this week and will be effective through Sept. 30, 2013. The Small Business Jobs Act of 2010 included a provision for re-launching SBA’s Dealer Floor Plan …
As follow up on a story we published Feb. 6, Joe Kelly, executive vice president of the Iowa Manufactured Housing Association (IMHA), tells MHProNews.com house bill 593 that would create a fund to assist consumers purchase manufactured housing passed out of the subcommittee by a 3-0 vote. Committee member Jeff …
The National Association of Home Builders (NAHB) recently commended Sen. Robert Menendez (D-N.J.) for introducing the Home Building Lending Improvement Act of 2012, legislation to help restore the flow of credit for new housing production in order to create jobs, meet rising housing demand and bolster the economic expansion. Builders …
Home Builders Applaud Legislation Aimed at Credit Flow Read More
