Manufactured and Modular Housing News

News Reports: Housing news updates and reports for Manufactured Home and Modular Housing Industry professionals and investors. Business – daily fact checks, market reports, and analysis.

Neighborhood Housing Groups Laud Ocwen for Helping Troubled Borrowers

By / / Business, Company News, Finance, home buyers, Manufactured and Modular Housing News

As housingwire informs MHProNews, a number of housing advocacy groups are asking the U. S. Department of the Treasury, the Federal Housing Finance Agency (FHFA) and the Consumer Financial Protection Bureau (CFPB) to investigate large financial mortgage packagers that are encouraging mortgage servicers to foreclose on borrowers instead of offering […]

Neighborhood Housing Groups Laud Ocwen for Helping Troubled Borrowers Read More

Dow Plummets as Most Tracked Stocks Drop

By / / Business, Manufactured and Modular Housing News, Stocks

The Dow Jones Industrial Average started the day tumbling and never climbed back up, with stocks all across the world plummeting as concerns grew about margin trading in China and whether or not Greece will pay its debt. Additionally, Bloomberg trading terminals quit in London, and while they came back

Dow Plummets as Most Tracked Stocks Drop Read More

NAHB Appeals to Congress to Ease Credit for Homebuyers and Contractors

By / / Business, Economy, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News, regulation

The National Association of Home Builders (NAHB) urged federal regulators and Congress to ease tight mortgage standards so that credit worthy borrowers could contribute to a stronger recovery of the housing market. NAHB Chairman Tom Woods testified before the Senate Banking Committee that was examining barriers to obtaining mortgage credit.

NAHB Appeals to Congress to Ease Credit for Homebuyers and Contractors Read More

Clayton-Bradley Academy Expanding for Added Enrollment

By / / Company News, Factory-Built Homes, Manufactured and Modular Housing News, Modular

Established by Innovative Education Partnership, Inc., in collaboration with Clayton Homes and Executive Director Pat Bradley in 2013, the Clayton-Bradley Academy is entering Phase II of its three-point plan. The STEM (Science, Technology, Engineering and Math) school will be constructing a 35,000-square-foot building to house administrative offices, classrooms, a full-size

Clayton-Bradley Academy Expanding for Added Enrollment Read More

Modular Multifamily Apartments is a Growing Attraction for Urban Areas

By / / Business, Company News, Factory-Built Homes, Manufactured and Modular Housing News, Modular

Construction of modular, multifamily apartment building Hilltop House began in mid-summer, and 7 1/2 months later it was open for occupancy in Winston-Salem, North Carolina. Champion Home Builders, Inc. built the 52 modules in 36 days, and it took eleven days to site the 65 apartments in an historic neighborhood

Modular Multifamily Apartments is a Growing Attraction for Urban Areas Read More

Housing Starts Inch Up Two Percent; Housing Permits Fall 5.7 Percent

By / / Economy, Manufactured and Modular Housing News, Trends

The National Association of Home Builders (NAHB) tells MHProNews housing starts rose two percent to a seasonally-adjusted annual rate (SAAR) of 926,000 units in March, according to data from the U. S. Department of Commerce. Single-family home production increased 4.4 percent to a SAAR in March of 618,000; multifamily starts

Housing Starts Inch Up Two Percent; Housing Permits Fall 5.7 Percent Read More

Modular Apartment Complex in Restart Mode in California

By / / Business, Factory-Built Homes, Manufactured and Modular Housing News, Modular

A 118-unit modular apartment building complex is back on track in midtown Sacramento, California after the original module builder was replaced by Idaho-based Guerdon Enterprises. The Eviva Midtown apartments, originally scheduled to be built by Zeta Communities in North Highlands, California, have been redesigned with a more residential look, according

Modular Apartment Complex in Restart Mode in California Read More

Earnings Worries Drop Dow; MHCV Dips -0.61 Percent

By / / Business, Manufactured and Modular Housing News, Stocks

Following DVLY’s huge gain yesterday, the stock remained unchanged in today’s trading. Despite the day’s loss, the Dow is still +10.23 percent above one year ago, as tracked stocks close mixed or even. On the Big Board: The Dow Jones Industrial Average slipped +0.04 percent, -6.84 points to end the

Earnings Worries Drop Dow; MHCV Dips -0.61 Percent Read More

House Votes Overwhelmingly to Increase CFPB Transparency

By / / Advocacy, Finance, Legal, Legislation, Manufactured and Modular Housing News, People, regulation

MHPronews has learned from housingwire a bipartisan majority of the House of Representatives voted to increase transparency of the Consumer Financial Protection Bureau (CFPB). The Bureau Advisory Commission Transparency Act, H. R. 1265, sponsored by Rep. Sean Duffy, (R-WI) received 401 votes with only two opposed, that would subject the

House Votes Overwhelmingly to Increase CFPB Transparency Read More

Rep. Seth Moulton Breaks Ranks with Dems on H. R. 650

By / / Advocacy, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, People

Mary McBrady, the Executive Director of the Massachusetts Manufactured Housing Association (MMHA) informs MHProNews that newly-elected 6th District Congressman Seth Moulton of MA broke ranks with Democrats to vote in favor of H. R. 650 Preserving Access to Manufactured Housing in its 263 yeas to 162 nays victorious passage in

Rep. Seth Moulton Breaks Ranks with Dems on H. R. 650 Read More

Federal Reserve’s Fischer says the Fed will be Temperate in its Movement on Interest Rates

By / / Economy, Manufactured and Modular Housing News, People, Trends

According to an interview with Federal Reserve Vice Chair Stanley Fischer, although the economy in the first quarter was “poor,” he says the rebound is already underway with wage increases. The bond market turned negative on these remarks, according to what cnbc tells MHProNews, fearing interest rates will move up

Federal Reserve’s Fischer says the Fed will be Temperate in its Movement on Interest Rates Read More

Two of the Top Five Single-family Housing Markets Live in Texas

By / / Business, Economy, home buyers, Manufactured and Modular Housing News, Manufactured Homes, Trends

Collating data on rising home prices, affordability, strong housing demand, and excellent economic demographics, housingwire tells MHProNews Auction.com has chosen the five top single-family housing markets. Auction.com Executive Vice President Rick Sharga says, “As the U.S. housing market has continued to recover from the Great Recession, we’ve seen significant regional

Two of the Top Five Single-family Housing Markets Live in Texas Read More

Many Manufactured Homes Needing Assistive Devices for Elderly and Handicapped

By / / home buyers, Manufactured and Modular Housing News, Manufactured Homes

Noting that 15 percent of the population of Michigan is 65 and older, Bryon Stroud, board member of the Michigan Manufactured Housing Association (MMHA), says manufactured homes can be built to accommodate people at all ages and stages of health. Known as universal design, features can include wider interior and

Many Manufactured Homes Needing Assistive Devices for Elderly and Handicapped Read More

Toolkit from Consumer Financial Protection Bureau to Aid Homebuyers

By / / Advocacy, Finance, home buyers, Manufactured and Modular Housing News, regulation

Calling it the “Know Before You Owe” mortgage initiative, the Consumer Financial Protection Bureau (CFPB) has updated the Department of Housing and Urban Development’s (HUD) guide to shopping for a mortgage and buying a house, which was originally called “Shopping for Your Home Loan: Settlement Costs Booklet.” The new Toolkit,

Toolkit from Consumer Financial Protection Bureau to Aid Homebuyers Read More

Housing Market Index Rises to Highest Yearly Point

By / / Business, Economy, home buyers, Manufactured and Modular Housing News, Trends

The National Association of Home Builders (NAHB) tells MHProNews builder confidence for single-family, newly-built homes rose four points in April to 56 points on the NAHB/Wells Fargo Housing Market Index (HMI). Any number over 50 indicates more builders see conditions as good rather than poor. NAHB Chief Economist David Crowe

Housing Market Index Rises to Highest Yearly Point Read More

Town Seeks Manufactured Homes Classified as Affordable to Satisfy State

By / / Communities, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, regulation

In Massachusetts, state law Chapter 40B requires communities to have ten percent of their housing stock considered as affordable, and penalizes jurisdictions that do not. After unsuccessfully trying to get state legislative assistance in counting manufactured homes as affordable in order to meet the quota, Wareham is attempting to do

Town Seeks Manufactured Homes Classified as Affordable to Satisfy State Read More

Home Values Rise Over 2014 but Change Little Month to Month

By / / Business, Economy, Finance, home buyers, Manufactured and Modular Housing News, Trends

According to Quicken Loans March report, appraisers’ opinions of home values fell 0.40 percent below homeowners opinions last month, as homeowners continue to overvalue their homes. In addition, the national Home Value Index indicates home values dropped 0.56 percent in March, consistent with most metro areas that saw little change

Home Values Rise Over 2014 but Change Little Month to Month Read More

HR 650 -Preserving Access to Manufactured Housing Act-Passed House

By / / Legislation, Manufactured and Modular Housing News, Manufactured Homes, People, regulation

The U. S. House of Representatives passed the Preserving Access to Manufactured Housing Act this afternoon, 263 to 162 with six members not voting. The following is the roll call. FINAL VOTE RESULTS FOR ROLL CALL (Republicans in roman; Democrats in italic; Independents underlined) H R 650 YEA-AND-NAY 14-Apr-2015 5:55

HR 650 -Preserving Access to Manufactured Housing Act-Passed House Read More

Manufactured Housing Stocks Close Mixed; MHCV Slips

By / / Business, Manufactured and Modular Housing News, Stocks

The International Monetary Fund predicts the U. S. Economy will grow three percent this year, the best year since 2005, as Cuba is removed form the U. S terror list and oil rises above $53 per barrel. On the Big Board: The Dow Jones Industrial Average advanced +0.33 percent, +59.66

Manufactured Housing Stocks Close Mixed; MHCV Slips Read More

mas kovach mhpronews shopping with soheyla .jp

Get our ‘read-hot’ industry-leading 

get our ‘read-hot’ industry-leading emailed headline news updates