Ensuring the Future of Manufactured Home Financing- Including the securitization of Chattel Loans Industry and Consumers Face Crucial Challenge on Chattel Financing GSE Reform Takes Shape in Congress As announced in June 2013, MHARR has prepared a white paper analyzing the treatment and status of HUD Code manufactured home financing …
As expected by MHARR (see, your copy of MHARR’s June 26, 2013 memorandum concerning “GSE Reform / Chattel Financing) the House Financial Services Committee announced in the below July 11, 2013 news release that it plans to introduce a House counterpart to the Warner-Corker GSE reform bill recently introduced in …
Washington, D.C., July 3, 2013 – The Manufactured Housing Association for Regulatory Reform (MHARR) reports that according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), manufactured housing production increased once again during May 2013. Just-released statistics for May 2013 indicate that HUD …
GSE Reform Legislation Introduced in Senate On June 25, 2013, the most promising legislation yet to reform and effectively replace the current Government Sponsored Enterprises (GSEs) was introduced in the U.S. Senate by a bi-partisan group including lead co-sponsors Sens. Bob Corker (R-TN) and Sen. Mark Warner (D-VA). The legislation, titled “The …
You may or may not have seen the below unauthorized memorandum sent out by an MHI staffer on June 24, 2013 regarding the publication of a vacancy announcement for the manufactured housing program administrator position at HUD. Based, however, on: (1) the volume of inquiries that MHARR has been receiving at its offices …
RE: Clarification and Correction of Unauthorized and Misleading MHI Communication Read More
The Big Picture on GSE Reform and Manufactured Housing With much of the industry focused on the implementation of the Dodd-Frank financial reform law and the impact of pending Consumer Finance Protection Bureau (CFPB) regulations on existing sources of manufactured home financing (an effort that MHARR fully supports), a broader, …
MHARR June 19, 2013 Washington Update – Report & Analysis Read More
The Environmental Protection Agency (EPA) has published two proposed rules concerning formaldehyde emissions from composite wood products in the June 10, 2013 Federal Register. The proposed rules (see, copies attached) would establish federal standards for formaldehyde emissions from certain defined composite wood products (78 Federal Register No. 111 at p. 34820) …
Washington, D.C., June 3, 2013 – The Manufactured Housing Association for Regulatory Reform (MHARR) reports that according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), manufactured housing production increased significantly during April 2013. Just-released statistics for April 2013 indicate that HUD Code manufacturers produced 5,313 homes, …
The Structure and Design Subcommittee of the Manufactured Housing Consensus Committee (MHCC) met by telephone conference call on April 23, 2013. As was previously reported, notice of the subcommittee meeting was published by HUD in the Federal Register, complying with a long-standing request by MHARR for public notice of such subcommittee …
2013 – The Manufactured Housing Association for Regulatory Reform (MHARR) reports that according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), manufactured housing production declined slightly during March 2013. Just-released statistics for March 2013 indicate that HUD Code manufacturers produced 4,467 homes, …
The Structure and Design Subcommittee of the Manufactured Housing Consensus Committee (MHCC) met by telephone conference call on April 23, 2013. As was previously reported, notice of the subcommittee meeting was published by HUD in the Federal Register, complying with a long-standing request by MHARR for public notice of such …
WASHINGTON – The House Financial Services Committee cannot legally accept testimony from Richard Cordray on the Consumer Financial Protection Bureau’s (CFPB) semi-annual report until he is validly appointed as the bureau’s director, said Rep. Jeb Hensarling (R-TX), the committee’s chairman. However, the committee will continue to conduct rigorous oversight of the …
Latest Assault on HUD Program Expansion Chattel Financing a Key Goal HUD Releases 2014 Program Budget HUD Continues to Undermine MHCC MHCC Subcommittee to Meet – Full Committee in Limbo RV Industry Pushes HUD Code Exemption – Again Congress Fault FHA
As was discussed in greater detail at the March 28, 2013 MHARR Board of Directors meeting, there is growing evidence that industry competitors, special interests and certain regulators are attempting to transform a congressionally-mandated Government Accountability Office (GAO) investigation of HUD’s continuing non-compliance with the Manufactured Housing Improvement Act of …
Most Serious Assault on Federal Program to Date Warrants Strong Stand by Industry Read More
Washington, D.C., April 4, 2013 – The Board of Directors of the Manufactured Housing Association for Regulatory Reform (MHARR), at its March 28, 2013 meeting in Tunica, Mississippi, voted unanimously to retain the Association’s current officers to serve another term in their respective positions. Consequently, MHARR’s national officers – who also comprise …
MHAAR Retains Officers – Tackles Critical Issues in Washington Read More
Washington, D.C., April 3, 2013 – The Manufactured Housing Association for Regulatory Reform (MHARR) reports that according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), manufactured housing production maintained a steady pace during February 2013. Just-released statistics for February 2013 indicate that HUD Code …
The Federal Emergency Management Agenacy (FEMA), following several delays, conducted two “Industry Day” meetings on March 15, 2013 to obtain industry input — and provide relevant information to interested parties — regarding expected future solicitations for emergency Temporary Housing Units (THUs). The meetings were divided into a morning session primarily focused …
Washington, D.C., March 4, 2013 – The Manufactured Housing Association for Regulatory Reform (MHARR) reports that according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), the manufactured housing industry, during January 2013, recorded its first corresponding-month production increase since September 2012, ending four …
A new HUD report to Congress, published on February 22, 2013, confirms rapid national growth in the need for quality, affordable home ownership. Yet the same report, as summarized in the HUD News Release copied below, reflects the ongoing failure of HUD — and government at all levels — to incorporate …
Industry Loses Legendary Reformer and Visionary Washington, D.C., February 8, 2013 – The manufactured housing industry has lost a leading visionary, reformer and tireless advocate with the death of Edward J. Hussey, Sr. on February 7, 2013. After serving in World War II, Mr. Hussey was an accountant with Arthur …
