The 2011 MHI-PAC Administrative fundraising campaign is now in full swing with a financial goal of $50,000, and participation goal of 100% among the MHI member companies. MHI’s Administrative Fund provides discretionary funds to support the operating expenses of MHI-PAC such as compliance with election laws, grassroots education, and fundraising …
MHI-PAC Corporate Fundraising Campaign to Raise $50,000 Underway! Read More
This week MHI-NCC staff met with representatives from the Department of Housing and Urban Development (HUD) to discuss the FHA’s 207(m) program. The FHA 207(m) program was designed for the development or rehabilitation of manufactured home communities. The 207(m) program is not a direct loan program, but is a mortgage …
The Federal Emergency Management Agency (FEMA) plans to hold an Industry Day on Friday, June 7 to discuss the feasibility of producing small HUD temporary housing units to meet future disaster housing needs. During the meeting, industry members will be briefed on the federal contracting guidelines; provide guidance on FEMA’s …
On May 13, the GOP members of the House Financial Services Committee unveiled a second round of legislation reforming Fannie Mae and Freddie Mac. These measures are in addition to several other bills that were approved by the House Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises in …
Committee Releases Second Round of GSE Legislation Read More
On Wednesday, MHI-PAC hosted a successful fundraising luncheon for Senator Jon Tester (MT-D) which raised $12,000 for his campaign committee. Republican Congressman Denny Rehberg’s decision to challenge Democratic Senator Jon Tester makes this Montana race one of the most competitive in the country. The Tester campaign is gearing up for …
The National Modular Housing Council’s actual shipments report indicates that 2,474 new modular homes were shipped in the first quarter of 2011, down 3.2 percent from the same quarter in 2010. Relative to Q1 2010, state shipment results for the first quarter 2011 showed increases for nine states, reductions in …
2,474 New Modular Homes Shipped in the First Quarter of 2011 Read More
CFPB Seeks TILA/RESPA Form Input The Consumer Financial Protection Bureau (CFPB) is developing a new single mortgage disclosure form that combines Truth in Lending Act (TILA) and Good Faith Estimate requirements. The CFPB is seeking public input on the design of a form and is expected to release a prototype …
MHI Update on Dodd-Frank Legislative and Regulatory Activities Read More
On May 12, Reps. John Campbell (R-CA) and Gary Peters (D-MI) introduced legislation (H.R. 1859) that would place Fannie Mae and Freddie Mae in formal receivership; wind down their portfolios within five years; and replace them with several private companies that would issue mortgage-backed securities with explicit federal guarantees. The …
MHI Involved in GSE Reform Activity – Path Very Unclear Read More
Due to recent difficulties in the National Mortgage Licensing System (NMLS) resource center gateway, the May 15 deadline for filing first quarter mortgage call reports (MCR) has been extended to June 16. According to an “FAQ” recently posted on the NMLS website, the NMLS “will not begin applying license deficiencies …
Deadline for Filing NMLS Mortgage Call Reports Extended Read More
Congressman John Lewis (D-GA) introduced a bill (H.R. 1623) to reauthorize and improve the Assets for Independence (AFI) program. Assets for Independence (AFI) is a Federal program that provides grants to help low-income families out of poverty. The bill allows this grant money to be used for home repair and …
New Bill Expands Access to Grant Money for Owners of Pre-1976 Homes Read More
This week, Senators Jeanne Shaheen (D-N.H.) and Rob Portman (R-Ohio) introduced bipartisan legislation that would enact a national energy efficiency strategy, which also promotes job growth. The Energy Savings and Industrial Competitiveness Act of 2011 contains a broad package of low-cost tools that would reduce barriers for businesses, homeowners and …
Shaheen and Portman Introduce an Energy Bill Good for Manufactured Homeowners Read More
Nearly 800 attendees, speakers, sponsors, and exhibitors helped make the 2011 Congress & Expo for Manufactured and Modular Housing a huge success. Attendees from all sectors of the industry convened in Las Vegas April 26-28 to take advantage of the educational sessions, land-lease community forum, business meetings, networking opportunities, and …
Signs of Recovery Ahead – Congress & Expo a Huge Success Read More
Every year severe weather strikes certain regions of the U.S. wreaking havoc on local economies and families, and can result in the tragic loss of life. The manufactured housing industry takes severe weather incidents very seriously and urges all Americans to always consider their own personal safety, and take all …
Earlier this week, MHI submitted comments to the Department of Housing and Urban Development’s (HUD’s) recent request for information regarding Executive Order (E.O.) 13563. The E.O. requires federal agencies to seek more affordable, less intrusive ways to achieve policy goals and give careful consideration to the benefits and costs of …
In the wake of last week’s destructive weather, House Financial Services Committee Chairman Spencer Bachus (R-AL) introduced legislation (H.R. 1751) that would amend the National Manufactured Housing Construction and Safety Standards Act of 1974 to require weather radios be in installed in all manufactured homes manufactured or sold in …
Financial Services Committee Chairman Unveils Weather Radio Bill Read More
The Center for Disease Control (CDC) recently released an unscientific, generic, report entitled Safety and Health in Manufactured Structures. The report provides an overview of health and safety issues associated with “manufactured structures”; highlights factors that distinguish “manufactured structures” from site-built structures; and presents advice about what steps manufacturers, purchasers, …
After leading efforts to put the Federal Housing Administration (FHA) back on more stable footing, as well as overseeing and managing the Office of Manufactured Housing, FHA Commissioner Dave Stevens will be leaving his position at the U.S. Department of Housing and Urban Development (HUD) in mid-April to return to …
MHI’s Monthly Economic Report© for January 2011 is now available. The Manufactured Housing Institute’s actual shipments report indicates that 2,776 new HUD Code homes were shipped in January 2011, down 12.1 percent from January 2010. Trends by housing type varied with shipments of multi-section homes down compared with the same …
2,776 New HUD Code Homes Shipped in January 2011 – Down 12.1 Percent from January 2010 Read More
Urge Congress to Preserve Affordable Manufactured Housing by Reducing Regulatory Burdens on Manufactured Homeowners BACKGROUND: The Dodd-Frank Wall Street Reform and Consumer Protection Act (P.L. 111-203) is the most sweeping rewrite of rules governing banking and financial services in decades. The Act adds significant new requirements on residential mortgages, including …
Dodd-Frank Wall Street Reform and Consumer Protection Act Read More
March 1, 2011 – Arlington, VA – Ahead of Wednesday’s House Financial Services Committee hearing about the Dodd-Frank Act’s impact on small businesses, the U.S. Chamber of Commerce led more than a dozen business groups in presenting Congress and Treasury Secretary Geithner with six recommendations to guide the development of …
MHI Supports U.S. Chamber Led Industry-Wide Effort to Improve Consumer Protection Agency Read More
