While investopedia sets the record straight in noting “mobile homes” were built before HUD Code standards were established n 1976, it nevertheless uses the term in the article’s title: “Are Mortgages Available for Mobile Homes?“ It does use the correct phrase in the article. It says 32 percent of manufactured …
Twisting Terminology about Manufactured Home Financing Read More
According to what housingwire tells MHProNews, Motley Fool got opinions from three of their analysts abut the effect of rising interest rates, which the Federal Reserve will very likely raise in either the second or third quarter. Matt Frankel says marginally higher interest rates will not impact the real estate …
Will Higher Interest Rates Affect the Housing Market? Read More
On March 16, a delegation of Manufactured Housing Association for Regulatory Reform (MHARR) executives met with U. S. Department of Energy (DOE) Deputy Assistant Secretary for Energy Efficiency Dr. Kathleen Hogan, and other officials, to discuss manufactured housing (MH) energy rules under consideration by DOE. MHARR tells MHProNews the rulemaking …
MHARR Questions Energy Department rules Governing Manufactured Housing Read More
The Consumer Financial Protection Bureau (CFPB) has finalized its online system for allowing consumers to file complaints on its complaint portal, as americanbanker tells MHProNews. Initially, only the name of the institution and the product was to be named, but now consumers will be able to enter a narrative of …
CFPB Defines Consumer Complaint Clearinghouse; Industry Complains Read More
Inhabitat tells MHProNews that Taco Bell has rolled out a modular Taco Bell stand at the SXSW movie and music festival in Austin, Texas. Constructed of three shipping containers, the iconic restaurant is testing the concept to determine consumer reaction as it seeks to expand across the nation. Assembled in …
jAy, Caramba!! Taco Bell tests Prototype Modular Food Stand Read More
Noting that the manufactured housing reform law of 2000 directs the Department of Housing and Urban Development (HUD) to “facilitate the availability of affordable manufactured homes” and “increase homeownership for all Americans,“ the Manufactured Housing Association for Regulatory Reform (MHARR) says HUD inserts regulations that are needlessly restrictive. HUD standards …
HUD Manufactured Home Regulation Defining “Family” Disputed by MHARR Read More
The citizen-times tells MHProNews elected officials are considering lifting the ban on manufactured homes throughout Buncombe County, North Carolina, which includes Asheville. They are allowed in outlying areas where the topography does not always lend itself to siting them. Resident pushback over fears of poor aesthetics and inferior quality have …
North Carolina County may Relax Ban on Manufactured Homes in Urban Areas Read More
Manufactured Home Sliding off Foundation; State Inspector Notes Dangers MHARR Objects to DOE Energy Standards for Manufactured Housing Dow Slides Again, MHCV Slips, Skyline Advances RVIA Honors RVIC/IMHA Director Mark Bowersox UMH Properties Reports Sustained Growth for Q4 2014 Modular Hotel for Brooklyn being Built in Poland Indicators of New …
The Clayton Homes manufacturing facility in Rutledge, Tennessee has become the first homebuilder among members of the Manufactured Housing Institute (MHI) to receive the ISO 14001 Certification. This achievement is based on reducing waste through the recycling of building materials and lowering energy consumption. According to Wikipedia, ISO 14001 sets …
Clayton Homes Reaches International Standard for Reducing Waste and Energy Usage Read More
Financial Institutions and Consumer Credit Subcommittee Chairman Rep. Randy Neugebauer (R-TX), evaluating the five-year history of the Consumer Financial Protection Bureau (CFPB), informs MHProNews the agency does not perform in a sustainable manner, lacks transparency and accountability, and is “susceptible to political influence.” He sees value in the agency but …
Rep. Neugebauer Questions Overreach of CFPB without Oversight Read More
The Calistoga, California, City Manager has been authorized to grant a larger home loan amount for manufactured home owners if the funding is necessary to alleviate health and safety issues. This decision was announced by the Calistoga City Council on Tuesday, March 3. The Weekly Calistogan tells MHProNews that the city …
Unsafe manufactured homes eligible for larger loan Read More
Shelby Hines had just finished replacing the front door on Natia Patterson’s manufactured home when he asked to wash his hands. Patterson agreed, but she told him the only running water was in her bathtub. When Hines walked inside, he found a kitchen with leaky pipes in warped cabinets and …
In an article entitled The Hidden High Costs of Mobile Homes published in the Daily Yonder, author Lance George, notes the sales of modern manufactured housing (MH) continue to rise, while the remainder of the U S. housing market remains somewhat flummoxed. George says about MH, “High-interest loans, shorter loan …
Correcting Errors in “The Hidden High Costs of Mobile Homes” – Lance George – Daily Yonder Read More
MHProNews has learned from napavalleyregister.com that Calistoga, California has received $500,000 from the federal HOME Investment Partnerships Program to assist low-income homeowners with needed repairs or reconstruction, offering up to $20,000 for owner- occupied manufactured homes. The housing rehabilitation loan program does not require loan payments or interest for 30 …
Joe Porter of Forkston Township, Pennsylvania, had his own preconceived ideas concerning the value of modular homes. In the summer of 2013, he wanted to build a new home at an affordable cost. However, he was skeptical that building a modular would save time and money. “I thought a modular …
Residents of the Deer Ridge Mobile Home Park in Augusta, Maine, purchased their community on February 10, joining more than 160 similar cooperatives across the country. Most of the residents of Deer Ridge will tell you their 13-unit community is not in the best shape. Their road has potholes and the …
Residents Buy Deer Ridge Mobile Home Park in Maine Read More
Long-time manufactured home community owner Frank Rolfe says that it comes as no surprise that manufactured home communities are finally receiving the type of respect they deserved years ago. “Because of the ridiculous stereotype the media created for ‘trailer park’ residents, many professional investors avoided this asset class altogether,” he …
Wall Street Is Waking Up to the Value of Manufactured Home Communities Read More
Attached please find your copy of the February 24, 2015 “MHARRWASHINGTON UPDATE” — an exclusive report and analysis about: · MHARR PROTESTS MHCC APPOINTMENTS TO HUD SECRETARY · MHARR QUESTIONS NEW HUD PROGRAM BUDGET · DOE RAISING COST OF ENERGY RULE EVEN FURTHER · MHCC ADDRESSES MULTI-FAMILY HUD CODE HOMES · CONGRESSIONAL HEARING ON FHA IGNORES MH · HUD “CRITICAL HOUSING NEEDS” ANALYSIS …
MHARR February 24, 2015 Washington Update — An Exclusive Report and Analysis Read More
In various areas of the country where oil and gas development is booming, serious housing shortages can occur. Workers often have difficulty in finding affordable and acceptable housing arrangements. This has certainly been the situation in the Marcellus and Utica Shale areas of Pennsylvania where housing has become limited and …
UMH Communities Showcased, Affordable Solutions in Oil and Gas Boom Areas Read More
Like so many other manufactured home communities today, the land on which Suni Sands Mobile Home Park is located has become very valuable – too valuable to continue being the location for manufactured homes. One hundred families in Jupiter, Florida’s, Suni Sands Mobile Home Park will have to move in …
Another Manufactured Home Community Is Dispossessed Read More
