FB Financial Corporation, a holding company of FirstBank, announced that all regulatory approvals have been received with respect to FirstBank’s proposed acquisition of Clayton Bank and Trust and American City Bank. In a media release, MHProNews has been informed that, Christopher T. Holmes, FB Financial’s President and CEO stated, “We …
Two more manufactured home communities loans in Enfield and Canaan, NH were closed, converting the properties into resident owned communities, Steve Varnum told MHProNews.com. Varnum is with the NH Community Loan Fund (NHCLF), which he says was Established in 1983, and closed on their first resident owned cooperative in 1984. Mascoma Parks, …
The Texas Manufactured Housing Association (TMHA) has wrapped up the heavy lifting from their legislative session. The TMHA’s DJ Pendleton tells MHProNews that they set out to achieve two major goals. Their report to the Daily Business News having achieved both of their key efforts. It’s the background and import …
Texas Strut$ Their Stuff – What Association Success Looks Like Read More
In response to President Donald J. Trump’s call to proclaim June National Home Ownership month, USDA’s Acting Deputy Undersecretary for Rural Development Roger Glendenning said he celebrates the vital contribution homeowners have made to communities across rural America. “Owning a home provides rural residents a secure environment where they can …
Our theme for this month is: Manufactured Housing Industry Politics – Complicated Cross Currents, or April Fools? and our featured articles are now live on the MHProNews.com home page. To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, please click the link above. Manufactured, …
Much of the manufactured housing industry is familiar with latest version of the Preserving Access to Manufactured Housing Act of 2017 – a.k.a. H.R. 1699. The Arlington, VA based Manufactured Housing Institute’s (MHI) latest “alert” urged their readers to keep up the momentum for the 4th iteration of a bill, …
Preserving Access to Manufactured Housing Act – Momentum or DOA? Read More
In the United States, some are native born, some immigrate, but all are unified in pursuing the American Dream. For most, that includes owning a home. But according to a new report on housing affordability from real estate firm Trulia, there are some places in the country where even doctors …
Homes in America – The Land Where Even Doctors Struggle Read More
The 2017 Tunica Manufactured Home show officially kicks off tomorrow with in-depth educational seminars, and with information focused on growth for you, and for the industry. Kicking off at 1pm in the Resorts Hotel Magnolia Room, the “Getting Positive Media Coverage, Engaging the Media” panel discussion features Frank Rolfe, partner …
All Eyes on Tunica for Manufactured Housing This Week Read More
Our theme for this month is The Manufactured Housing Industry’s March Madness, and our featured articles are now live on the MHProNews.com home page. To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, please click the link above. Manufactured, modular and prefabricated home professionals know …
Back in January, The Federal Housing Finance Agency (FHFA) issued a request for input (RFI) on its duty to serve (DTS) underserved markets ‘pilot program’ to finance manufactured homes, with a deadline of March 21st. According to commentary from the Manufactured Housing Association for Regulatory Reform (MHARR), the request was …
Manufactured home community sector maverick, Frank Rolfe, has sounded off in a recent commentary, breaking down the reasons that manufactured home community owners, and prospective home buyers, win with the Administration of President Donald Trump. According to the NuWire release, Rolfe had plenty to say. “Whether you are Democrat or …
Frank Rolfe–Manufactured Home Communities, Prospective HomeOwners Win with Trump Read More
In a recent meeting with community bankers from around the country, President Donald Trump said that reducing Dodd-Frank regulations would benefit Small and Medium Enterprises (SMEs) that are struggling to get access to financing. According to Pymnts, in the March 9th meeting, which also included National Economic Council Director Gary …
In a new video-laced report, Congressman Andy Barr has taken a strong stand in the House of Representatives in favor of reforming Consumer Financial Protection Bureau (CFPB) regulations that he says are harming would be manufactured home buyers. The report provides a video of his congressional testimony, along with other …
Congressman Barr Defends Manufactured Housing, While Controversies Brew Read More
Wyoming, a state with one of the highest populations of people residing in manufactured homes, is working on leveling the playing field for owners. According to Wyoming Public Media, the state does not currently extend the same rights to manufactured home owners as it does for site built homeowners, but …
Bill Could Improve Economic Mobility for MH Owners Read More
MHProNews has been told by an informed source that an announcement for a change is coming with a manufactured housing industry connected lender. That announcement, our source says off-the-record, will be coming as soon as Monday. This comes on the heels of another announcement, that Clayton Bank could be acquired …
A new month means new-featured articles on the MHProNews.com home page. This month’s theme? Frank, Frustrations and Free Enterprise February in MHLand, 2017. Manufactured, modular and prefabricated home professionals know that how a home got to its location should not define a person or their dwelling. What the Daily Business News spotlights …
A new year, a new month, and a new set of featured articles are found on the MHProNews.com home page. Our theme for this month is: Jiu Jitsu January in Manufactured Homeland, USA. To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, …
The United States Department of Agriculture (USDA) Rural Housing Service (RHS) announced it would begin a pilot project that would open up lending for manufactured home loans on existing (pre-owned, used) manufactured homes, per a report by Brian Collins on National Mortgage News. Doug Ryan, director of affordable homeownership with the …
New Federal Lending Option “Opens” for Manufactured Homes in Quiet, pre-New Year Report Read More
