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.
Housing Wire reports that Fannie Mae and Freddie Mac have been ordered by the Federal Housing Finance Agency (FHFA) to synchronize their methods of dealing with delinquent mortgages, requiring the mortgage servicer to begin engaging the borrower as soon as they become delinquent. The foreclosure process cannot begin if both […]
New Guidelines to Direct Fannie and Freddie Servicers Read More
Speaking at the Manufactured Housing Institute’s (MHI) annual Congress & Expo in Las Vegas, Dr. Mark T. Dotzour, of Texas A & M’s Real Estate Center in College Station, said the federal government is swinging by a long rope that is near the bottom of its arc. The government is
Real Estate Professor Gives Government Bad Marks Read More
Tulsa’s 3rd annual Great Southwest Home Show will take place at the QuikTrip Center at Expo Square, April 28-May 1. It is the largest indoor manufactured home show. The show begins April 28 and 29 for the industry and the doors will swing wide for the public Friday afternoon through
Great Southwest Home Show Opens April 28 through May 1 Read More
Business Wire reports that Wells Fargo (NYSE:WFC) has been chosen for the fifth year in a row as Community Lender of the Year by the Manufactured Housing Institute ((MHI) at their annual Congress & Expo in Las Vegas. Wells Fargo Multifamily Capital has originated over $4.7 billion in community loans
Corporate Giant Selected as Best MH Community Lender Read More
Benzinga reports Xactware has developed software that incorporates cost data for over 6,000 manufactured and pre-HUD code homes from 1972 to 2011 for insurance purposes in case of loss or damage. From NADA Appraisal Guides, Inc., 360Value determines depreciated cost-replacement guides for manufactured and pre-HUD code homes. Xactware says it
Database Provides Guide for MH Loss and Damage Read More
At the Manufactured Housing Institute’s 2011 Congress & Expo in Tulsa OK, Robin Crow, musician, author, and developer of Dark Horse Recording Studios, said regardless of what business you are in, creating an environment for employees and customers to make them feel better is the most important thing you can
Keynote Speaker at MHI Congress Offers Success Tips Read More
TULSA, OK – April 28, 2011. Continuing converge by MHMSM.com of the 2011 Great Southwest Home Show in Tulsa OK shows the Industry professionals beginning to take in the amazing display of homes at this World’s Largest Indoor Home Show.
Great Southwest Home Show Gets Underway Read More
LAS VEGAS, NV – April 28, 2011. Jerry Wolff (Marketing Manager, GE Appliances) addressed the Manufactured Housing Institute (MHI) Congress in Las Vegas NV to urge a paradigm shift from problems to problem solving. Use social media, be pro-active. Having a small group of people who surf the web to
GE Appliances Jerry Wolff Addresses MHI Congress Read More
TULSA, OK – April 27, 2011. Jeff Templeton and other members of our MHMSM.com team are at the QuikTrip Center in Tulsa OK before the Great Southwest Home Show opens on April 28. A record crowd is expected Thursday and Friday for the World’s Largest Indoor Home Show. Sponsored by
Pre-opening Glimpse of the 2011 Great Southwest Home Show in Tulsa OK Read More
The Dow moved up to its highest level since 2008, gaining 95.59 points, to close at 12,690.96. Housing stocks closed mixed or even. Nobility Homes gained 1.76 percent, Sun Communities was up 0.42 percent, Equity Lifestyle gained 0.30 percent, Palm Harbor lost .25 percent, and Skyline Corporation was down .05
Dow Moves to Highest Point in Three Years, Housing Stocks Mixed Read More
Las Vegas, NV – April 27, 2011. At the Manufactured Housing Institute (MHI)’s 2011 National Industry Awards in Las Vegas today, the honor for the best Production Manufactured Home of 1800 square feet or less went to Steven Lefler and Gary Brown of Modular Lifestyles, Inc. The Irvine, California, company
Modular Home Wins National Award, Uses Very Little Energy Read More
Las Vegas, NV – April 27, 2011. Joe Stegmayer (Chairman & CEO, Cavco Industries and present Chairman, MHI) addressed the attendees at MHI’s 2011 Congress & Expo in Las Vegas, NV. He noted that Land Lease Communities (LLCs) have done better than most sectors of the housing industry, which has
Opening Remarks of MHI Chairman Joe Stegmayer at Vegas Congress Read More
Following up on a post from April 22, The Republican, of Massachusetts, reports that the dwelling on former City Councilor Angela Plassmann’s Northampton property that drew neighborhood complaints has been removed. Despite her attorney’s insistence that the structure was a properly licensed RV, neighbors said it was “a manufactured home
Structure Removed from Property Ends Investigation Read More
Following up on a post from April 7, the Los Angeles Daily News says a majority of residents of Oakridge Mobile Home Park support an LA city plan to install 60 new manufactured homes in the community and rent them to qualified applicants as affordable housing. A 2008 wildfire destroyed
LA Community Rising from the Ashes Read More
The Oakdale Patch of Minnesota reports that Rep. Nora Slawik of the Minnesota House of Representatives has introduced bill number HF1430 to provide low-cost mediation when residents of a manufactured home community have a disagreement with community owners. In the past, many communities have been family-owned and were responsive to
Legislation Would Provide Legal Recourse for Community Disputes Read More
WRTF7 in West Virginia says the number of manufactured homes shipped to the state fell from 4,700 in 1995 to 1,833 in 2007. Last year 1,100 were sold in the state. Manufactured housing used to claim 60 percent of all housing starts here, according to West Virginia Housing Institute Executive
Manufactured Housing Shipments to West Virginia are Down Read More
LAS VEGAS, NV – Members of the MHMSM.com team are present at MHI’s 2011 National Congress & Expo for Manufactured and Modular Housing, where over 700 Industry professionals have gathered to get the latest and greatest ideas. See live reports, photos and videos from the MHI National Communities Council (NCC)
Hundreds of Industry Pros in Vegas for MHI Congress & Expo Read More
U.S. stocks finished at their highest levels in three years, upon news of earnings results and a better-than-expected report on consumer confidence. The Dow rose .93 percent to close at 12,595.37. The Manufactured Housing Composite gained 1.82 percent to close at 1234.10. Palm Harbor Homes was up 100 percent, Skyline
Dow at 3-Year High, Housing Stocks Up as Well Read More
The Dow closed slightly down today from mixed results among stocks, and in anticipation of the Federal Reserve statement scheduled for later this week. It finished the day minus 26.11 points to close at 12,479.88. In housing stocks, Nobility Homes gained 3.25 percent, Cavco and ELS were both up .37
Dow Dips Before Fed News, Housing Stocks Mixed Read More
Northern Nevada Business News reports the sale of new site-built and manufactured homes in mile-high Elko, Nevada, is up for the first quarter of the year over last year. Real estate agents sold 21 in the first quarter of 2011, 15 percent more than last year, and at an average
Elko, Nevada, Boasts Housing Sales Increase Read More
