On October 15, FHA Commissioner David Stevens, issued an MHI and Louisiana MHA requested waiver to the FHA regulations for loan insurance under the FHA 203(b) single family housing program, to permit the placement of FHA mortgage insurance on manufactured homes, sited in the state of Louisiana, in flood designated …
As part of its ongoing grassroots advocacy activities, MHI is requesting assistance from manufacturer and community members to provide information on the location of their facilities. This information will be used to help target where the manufactured housing industry has a presence in specific congressional districts. MHI is specifically requesting …
Grassroots Assistance Needed from Manufacturers and Community Owners Read More
America’s strength is based upon our right to participate in government – the democratic process – and relies upon the people who exercise that right. When we vote, we are not only making our own voice heard but also contributing to the strength of our nation. It is a right …
On October 13, 2010, MHI attended a stakeholders meeting on the future of federal rental housing policy which featured remarks by Melody Barnes, the Director of the White House Domestic Policy Council; Larry Summers, the Director of the White House National Economic Council; and Secretary Donovan, Housing and Urban Development. …
MHI Participates in White House Conference on Rental Housing Read More
The Manufactured Housing Consensus Committee (MHCC) will meet face-to-face for the second time this year on October 27-28, 2010 at the Holiday Inn Arlington at Ballston in Arlington, VA. MHI staff will be represented at the meeting and all MHI members of the Committee will be in attendance. While a …
MHI to Attend Consensus Committee Meeting October 27-28, 2010 Read More
On September 27, the President signed into law legislation (H.R. 5297) that provides $30 billion in capital to community banks to expand small business lending. The bill establishes a $30 billion lending funding, administered by the Treasury Department, to provide community banks with capital. The bill is designed to make …
President Signs SBA Lending Bill, Revises Floorplan Lending Program Read More
The recently enacted Dodd-Frank Wall Street Reform and Consumer Protection Act (H.R. 4173; P.L. 111-517) contains a provision requiring the newly established Bureau of Consumer Finance Protection (CFPB) to develop a combined form. The law requires a proposed disclosure be published with one year of the CFPB’s designated transfer date …
Treasury Unveils Sample RESPA-TILA Combined Disclosure Read More
The Supreme Court’s ruling earlier this year in Citizens United v. Federal Election Commission, which allows corporations, unions and nonprofit groups to spend unlimited amounts of money on elections, has helped fuel a record year of spending by outside interest groups, mostly in favor of Republicans. Companies, which had been …
Corporate Campaign Spending will Impact the 2010 Election: Support MHI-PAC Read More
MHI’s Monthly Economic Report© for August 2010 is now available. The Manufactured Housing Institute’s actual shipments report indicates that 4,862 new HUD-Code homes were shipped in August 2010, up 8.7 percent from August 2009. Trends by housing type varied with multi-section home shipments marginally down compared with the same month …
4,862 New HUD Code Homes Shipped in August 2010, up 8.7 Percent from August 2009 Read More
During MHI’s 74th Annual Meeting on September 26-28, 2010 in Denver, CO, MHI members and Board of Directors outlined priorities for the industry and the association in preparation for 2011 and the incoming 112th Congress. 2010 has been a pivotal year for MHI and the industry. As the industry enters …
During MHI’s Annual Meeting, the following members were elected to serve as MHI Officers in 2011: Chairman, Joe Stegmayer, Cavco Industries, Inc./Fleetwood Homes; Vice Chairman, Don Glisson, Jr., Triad Financial Services, Inc.; Secretary, Kevin Clayton, Clayton Homes; and Treasurer, Nathan Smith, SSK Communities. Ken Cashin, Windstorm Holdings, Inc., will continue …
MHI Elects Leadership and Honors Individual Achievements Read More
During the MHI Annual Meeting, the association moved to establish two key taskforces to address critical challenges facing the factory-built housing industry. Regulatory Reform Taskforce MHI’s Financial Services Division established a regulatory reform taskforce to address industry issues surrounding the implementation of the CFPB authorized in the Dodd-Frank Bill. MHI …
MHI Establishes Key Taskforces Created to Address Challenges Read More
As the November elections near, Democrats and Republicans are facing voter anger over lingering high unemployment and a growing federal deficit. Polls show likely losses for Democrats, with a possibility they could lose their majority in the House of Representatives. The battle for Congress is on the horizon and Members …
2010 Election Watch at MHI Annual Meeting – Key Industry Members in Tight Races Read More
On October 30, the House and Senate recessed for the remainder of the campaign season and are not scheduled to return until November 15. Prior to leaving, Congress adopted a short-term continuing funding resolution (CR) to fund governmental programs at their existing FY2010 levels through December 3, 2010. The measure …
Congress Adjourns, Lame Duck Session Looms in November Read More
On September 20, the Treasury Department announced that July 21, 2011 would serve as the date for transfer of functions (“designated transfer date”) to the Bureau of Consumer Finance Protection (CFPB) for authorities and powers outlined in the Dodd-Frank Wall Street Reform and Consumer Protection Act (H.R. 4173; P.L. 111-517). …
On September 23, the House of Representatives approved legislation (H.R. 5297) that would provide $30 billion in capital to community banks to expand small business lending. The Senate approved the measure on September 16. The President is expected to sign the bill into law. The bill establishes a $30 billion …
On September 23, the House of Representatives approved legislation (S. 3814) extending the National Flood Insurance Program (NFIP) through September 30, 2011. The Senate passed the measure on September 21. President Obama is expected to sign the measure into law. The program has been extended several times since its authorization …
MHI staff participated in a meeting of the Council of State Administrative Agencies (COSAA) held in Washington D.C. September 13-15. Approximately 85 people attended the meeting, including 30 States, several manufactures, suppliers, state association executives and virtually all of the Primary Inspections Agencies. The COSAA co-chairs, Mark Luttich (Nebraska SAA) …
Recent reports indicate members of the House and Senate could recess as early as September 30 and return for a lame duck session of Congress beginning as early as November 15. Since returning from a six week recess, Congress has moved to pass small business lending legislation (H.R. 5297) and …
On September 16, Senate Finance Committee Chairman Max Baucus (D-MT) released a revised draft of tax extension legislation that has been stuck in the Senate for several months. The House passed tax extension legislation in May 2010. The Senate is expected to consider the measure during a lame duck session …
