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Bills would Begin to Address the Shortage of Affordable Housing

Oregon Democratic legislators are trying to hurry through four bills dealing with affordable housing during the waning days of the short session of the legislature, according to an editorial in registerguard. While opponents of the bills may prevail, everyone agrees there is a definite shortage of affordable housing stock in …

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Doug Ryan: Expand the Lending Opportunities for MH Buyers

Manufactured housing (MH) is an inexpensive path to the American Dream of homeownership, said Doug Ryan, Director of Affordable Homeownership at the Corporation for Enterprise Development (CFED).  But he claims there is a lack of competition among the few MH lenders that exist—a market dominated by Clayton Homes, which builds, …

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Cutting through Media Fog for Manufactured Home Owners and Pros

Millions of manufactured home MH owners and thousands of MH professionals are being adversely impacted by the current state of CFPB regulations. Yet the fog created by interest groups that oppose changes to Dodd-Frank or the Consumer Financial Protection Bureau (CFPB) current policies have slowed the progress in the Senate …

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Responsibility for Enforcing MH Installation Standards Passes from Snowflake to County

The town of Snowflake, Arizona has signed off on an agreement for Navajo County to be responsible for enforcing installation standards of manufactured housing and factory-built buildings. The county has a previously signed agreement with the AZ Department of Fire, Building and Life Safety Office of Manufactured Housing for the …

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FHFA Fails Consumers And Industry On Chattel Financing Again

RE: FEDERAL HOUSING FINANCE AGENCY FAILS CONSUMERS AND INDUSTRY ON CHATTEL FINANCING AGAIN The Federal Housing Finance Agency (FHFA) has advised parties interested in the implementation of the “duty to serve underserved markets” (DTS) provision of the Housing and Economic Recovery Act of 2008 (HERA), that it has forwarded a …

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Second Round of Assistance Available for Ongoing 2011 Tornado Damages

The Community Action Partnership of North Alabama (CAPNA) announced local residents who have not been able to fully recover from the devastating April 27, 2011 tornadoes that wreaked havoc across a broad swath of the state may be eligible for new federal funding through the Community Development Block Grant (CDBG) …

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Victoria BC Plans Modular Homes for the Homeless

Seattle opened its Tiny Home village for homeless people with 14 homes, each 96 square feet with heat, electricity and insulation, as globalnews.ca informs MHProNews.. Communal washrooms and showers provide running water, and the homes are sited on donated church land. Each home cost $2,200, donated funds, and residents pay …

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Commissioners Suggest optional Underpinnings for Manufactured Homes

An ordinance mandating brick foundations under manufactured homes that was passed in 2001 in Caswell County, South Carolina is being reexamined by the Caswell County Board of Commissioners who are considering adding other options to keep costs down for MH residents. Opponents to the change like the aesthetic uniformity of …

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Should the Manufactured Housing Institute’s CEO Richard ‘Dick’ Jennison resign?

Dozens of comments from MHPros coast to coast came in within hours in response to an OpEd by publisher L. A. ‘Tony’ Kovach. Writing on the Masthead blog, Kovach outlined examples of errors and tensions within the Manufactured Housing Institute (MHI), which allegedly point back to the national association’s CEO …

Should the Manufactured Housing Institute’s CEO Richard ‘Dick’ Jennison resign? Read More

Sunday Morning Recap-Manufactured Housing Industry News Jan. 17 -Jan. 24, 2016

What’s New in public focused Manufactured HomeLivingNews.com Reality Check – Living Better When Quality Living Costs Less Outside the Box: Inventing New Looks for Manufactured Homes What’s New in Manufactured Housing Industry Professional News Manufactured Housing Administrator Danner speaks at Louisville. What could slow retail sales mean for manufactured housing. …

Sunday Morning Recap-Manufactured Housing Industry News Jan. 17 -Jan. 24, 2016 Read More

Manufactured Homes Rolling in for Wildfire Survivors

Following a story MHProNews last reported on Nov. 23, 2015 regarding temporary manufactured homes (MH) for survivors of the wildfires in Northern California, uniondemocrat reports 22 MH are set up in Calaveras County and ten are occupied. Federal Emergency Management Agency (FEMA) spokesman Victor Inge said 12 have been sited …

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Louisville Forecast – Leave Early to Benefit from Indoor MH Show

Locals have told MHProNews that until recently, winter in the Bluegrass state has been mild. But old man winter is striking just in time for the 2016 Louisville Manufactured Housing Show. What promises to be the largest display in about a decade awaits the thousands of MH professionals who leave …

Louisville Forecast – Leave Early to Benefit from Indoor MH Show Read More

Why did Ishbel Dickens/NMHOA decline a Debate with Carla Burr about PBS NewsHour’s Manufactured Housing Report?

Opening with an analysis about the dynamics behind mainstream media coverage, MHLivingNews publisher L. A. ‘Tony’ Kovach used that to focus attention on the recent PBS NewsHour report that featured Carla Burr, titled Bad and Good – Two Sides – Manufactured Home Living and News Reporting. Kovach reminds us of the rule of …

Why did Ishbel Dickens/NMHOA decline a Debate with Carla Burr about PBS NewsHour’s Manufactured Housing Report? Read More

Unique Homes may be Tough to Finance

Mortgage lenders are reluctant to finance unusual residences because they are difficult to appraise, and if they should fall into foreclosure, they are tough to sell, according to themoretgagereports. The article includes a manufactured home with a couple of barns on ten acres as an unusual asset to evaluate, and …

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Democratic Lawmakers want DOJ to Investigate Clayton Homes, lenders in wake of Seattle Times/BuzzFeed report

Four Democratic House Representatives have asked the Justice Department to look into allegations of Clayton Homes and their related lenders alleged targeting of minority borrowers, based on the advocacy journalism of the Seattle Times and BuzzzFeed’s Mike Baker and Daniel Wagner. Baker and Wagner have been described as making a career …

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FHFA “May” Open the GSE Door to Purchase MH Chattel Loans

The Manufactured Housing Institute informs MHProNews the Federal Housing Finance Agency (FHFA) is seeking comments on its published notice regarding a secondary market for manufactured home loans. While the proposal does not require Fannie Mae and Freddie Mac (the government-sponsored enterprises) to purchase chattel loans, only that they “may” consider …

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Loan Application Defect Index Falling

The overall amount of fraud risk in home loan documents has been falling, according to what scotsmanguide tells First American, having dropped by 8.2 percent year-over-year Nov., and down 1.3 percent from Oct. to Nov., 2015. First American’s Loan Application Defect Index has dropped 23.5 percent since it reached its …

Loan Application Defect Index Falling Read More

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