Noteworthy headlines on – CNNMoney – Puzder withdraws as a labor secretary nominee. Trump: H&R Block will be unhappy with tax plan. Obamacare is in a “death spiral,” says Aetna CEO. What Warren Buffett bought and sold last quarter. Some bullets from Fox Business – Trump steals Janet Yellen’s thunder. …
UFPI, Manufactured Housing CV Soar, Broader Markets On Record Streak Read More
In North Attleboro, Massachusetts, residents who were initially concerned over a proposed manufactured home community, have changed their tune now that the developer has abandoned a controversial part of the project. According to The Sun Chronicle, residents were at odds with the developer of Westcott Estates, a manufactured home community …
The nation of Hungary is looking to container housing to solve a growing problem at border camps, as migrants wait for their asylum requests to be settled. According to FOX News, human rights advocates have noted that Hungary was already holding large numbers of asylum-seekers in closed camps and that …
Nation Looks to Shipping Containers for Migrant Housing Read More
In the state of Nevada, the Department of Business and Industry presented a plan last week to combine the manufactured and state housing divisions. According to administrators, the move will improve efficiency and responsiveness to the public. “The merger would provide better service and open up resources for the agency,” …
Noteworthy headlines on – CNNMoney – Toshiba chairman steps down as company takes $6.3B hit from nuclear unit. Delta to own nearly half of Mexico’s biggest airline. Amazon’s delivery drones might use parachutes. Google cuts ties with YouTuber accused of anti-Semitism. Some bullets from Fox Business – Wall Street at …
Deer Valley Soars, Manufactured Housing CV Down, Broader Markets Up Read More
First State Manufactured Housing Association (FSMHA) tells MHProNews that applications for its four scholarship awards of up to $1,000 are due by 4:30 pm, Monday, March 6th. To qualify, candidates must be legal residents of Delaware and residents of a manufactured home for at least one year prior to the …
The Safe Haven Mobile Home Park in Iberia Parish, Louisiana, has a very interesting history. But, unlike most communities, this one has accomplished that feat without even being built. According to the Daily Iberian, before a permitting battle could begin, the Iberia Parish Council was eyeing its manufactured home community …
Stopped Before They Can Start? MHC Develop Stalled Read More
In California, the San Francisco Bay Area is one of the most expensive places to live in the state. Some one-bedroom apartments in downtown San Francisco can start at $4000 per month. South of San Francisco, in the city of Sunnyvale, one of the last affordable housing havens in the …
Noteworthy headlines on CNNMoney – Embattled WSJ editor defends paper’s Trump coverage. Verizon’s new plan: Consumers win, investors lose. Apple stock nears record high. Four Republican gripes about Obamacare analyzed. Some bullets from Fox Business – Justice Department Asks Seattle Judge to Defer Action on Trump Order. S&P 500 Tops …
SKY, Cavco Up, Manufactured Housing CV, Broader Markets Rise Read More
In a story that we first covered last week, San Antonio Federal Credit Union (SACU)/CU Factory Built Lending (CUFBL)/Mountainside Financial tells MHProNews that they have changed their name to Credit Human Federal Credit Union. The change of name better reflects the credit union’s commitment to improving the lives of those …
In the Mohawk Valley of New York state, an ongoing battle between a manufactured home community and the town it’s in, one side landed what could be a knockout blow. According to the Times Telegram, Bill and Virginia Jaquish, owners of the Creekside Mobile Home Park in German Flatts have …
What’s the biggest factor driving site built property transitions? The answer may surprise you, but the opportunity for the manufactured housing industry won’t. According to National Mortgage News, research from the Mortgage Bankers Association’s Research Institute for Housing America (RIHA) shows that a homeowner’s equity position is one of the …
Manufactured Housing – Hope for Ownership Versus Rentals? Read More
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. 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 …
In a story that MHProNews covered first in manufactured housing, Jim Clayton, Founder and Chairman of Clayton Bank and Clayton Homes, confirmed the “merger” of Clayton Bank and Trust and American City Bank (collectively “Clayton Banks”) and FB Financial Corporation (NYSE: FBK), in a deal valued at $284.2 million. This …
Jim Clayton Exclusive on Clayton Bank/FirstBank Merger to MHProNews Read More
The proposed expansion of a manufactured home community in Water Valley, Mississippi, appears to have hit a snag after a city meeting this week. According to the Oxford Eagle, city officials said that the city does not have the capacity to provide sewage for the entire project. In response to questions …
Noteworthy headlines on CNNMoney – Sears gets new lifeline and stock soars 50 percent. Ford just invested $1 billion in self-driving cars. Here’s why Amazon might buy a big retailer. Kellyanne Conway unrepentant for Ivanka Trump plug. Some bullets from Fox Business – Trump’s Economic Promises Drive Wall Street to …
TCN, UFPI Up, Manufactured Housing CV, Broader Markets Rise Read More
The residents of Balls Ferry Fishing Resort & Mobile Home Park in Anderson, California, were dealt a blow by heavy rains this week, which caused the nearby Sacramento River to crest and flood the community. According to the Record-Searchlight, heavy rain slammed into the area on Monday and into Tuesday, …
Washington, D.C., February 9, 2017 – The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews that, at a Federal Housing Finance Agency (FHFA) “listening session” in Washington, D.C. on February 8, 2017, President and CEO Mark Weiss reiterated and underscored previous remarks by MHARR representatives. Weiss asserted that the …
MHARR to FHFA: Duty to Serve Requires Material and Expedited Support for MH Chattel Loans 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 …
The National Association of Home Builders (NAHB) has expressed support of President Donald Trump’s actions to roll back the Dodd-Frank Act. As Daily Business News readers are aware, President Trump signed an Executive Order to begin the rollback process that will direct the Treasury secretary to review the 2010 Dodd-Frank …
