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San Diego Offers $22 Million to MHC Residents

The city of San Diego has offered to pay the residents of De Anza Cove manufactured housing community (MHC) $22 million in relocation expenses plus attorney fees to settle a lawsuit, following eleven years of legal wrangling. The homeowners’ attorney released a statement saying the city’s offer is a good …

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Ratner-Skanska Dispute Eating at the Big Apple

Updating a story MHProNews last posted Sept. 5, 2014 about the dispute between Ratner and Skanska in New York City that has brought to halt the construction of the largest modular tower in the world, concern is growing that if the project fails, financing for future modular projects may be …

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Scottish Modular Homes use Sheep Wool for Insulation

Scottish company ECHO makes modular pods of local lumber under one hundred square feet each that can be stitched together to make the home any size desired, according to fastcoexist.com. Insulated with sheep wool, the homes are built on stilts to allow placement in any terrain. Says founder Sam Booth, …

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Liberty Homes Skyrockets, MH Composite, Dow Slip; Nasdaq, S&P Nudge up

Despite the terrorist group ISIS’ vicious reshaping of boundaries in the Middle East, Wall Street does not feel the pinch because oil prices have not been affected. Crude oil is $15 a barrel lower than last year at this time. However, stocks were fairly flat in trading today, as the …

Liberty Homes Skyrockets, MH Composite, Dow Slip; Nasdaq, S&P Nudge up Read More

mhilogo-Manufactured and modular housing industry news uncategorized

MHI Week in Review – September 5, 2014

MHI Working with Agency Officials to Open Secondary Market for Personal Property Lending MHI has been working with officials from the Federal Housing Finance Agency (FHFA) to ensure the inclusion of personal property lending as part of Duty to Serve (DTS) requirements being developed for Fannie Mae and Freddie Mac. Included in …

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House Passes Privilege Information

According to the Manufactured Housing Institute (MHI), before leaving for the August Recess, the House of Representatives passed legislation (H.R. 5062) amending the Consumer Financial Protection Act (CFPA) – which is Title X of the Dodd-Frank Act – to provide protection against waiver of state and federal law privileges for …

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Forest City and Skanska Cross-File Lawsuits over Massive Modular Housing Project

In the continuing saga between developer Forest City Ratner and builder Skanska regarding the battle over construction of the largest modular apartment building in the world, as MHProNews posted here last Sept. 2, 2014, both parties have filed suit against the other. In its complaint, Skanska alleges “serious commercial and …

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Questionable Request For HUD Code Manufacturers’ Proprietary Information

MHARR has received numerous inquiries regarding the Association’s position on a “materials cost” survey being circulated to HUD Code manufacturers by the Manufactured Housing Institute (MHI) and Emanuel Levy of the Systems Building Research Alliance (SBRA), in connection with the ongoing U.S. Department of Energy (DOE) “negotiated rulemaking” concerning manufactured …

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HUD Code Production Rises Nearly 20 Percent in July

According to the Manufactured Housing Association for Regulatory Reform, the U. S. Department of Housing and Urban Development (HUD) statistics reveal that production of manufactured homes jumped 18.4 percent in July over July 2013, 5,675 HUD Code homes this year as compared to 4,793 produced in July 2013. On the …

HUD Code Production Rises Nearly 20 Percent in July Read More

North Carolina County Suggests Removing MH Age Restriction

The Greene County Planning Board in North Carolina, after reconsidering the county’s manufactured home (MH) ordinance which restricts homes being brought into the county to no more than 15 years old, has removed the restriction and recommended the decision to the county commissioners. A North Carolina Court of Appeals ruled …

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Capital Square Realty Acquires three MHCs

MHProNews has been informed by virtual-strategy.com an affiliate of Capital Square Realty Advisors, LLC has acquired three manufactured housing communities consisting of 1,141 home sites in Indiana and Ohio. The largest community is Timberbrook in Bristol, Indiana with 567 homesites set on 103 acres. Woodlake-Summerdale, located in Yoder, IN is …

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Allegations of Flooded, Fixed, Flipped ‘Mobile Homes’ hit state, international news

The City of Federal Heights is changing building inspection rules in response to a televised investigation in a manufactured home community by 9Wants to Know, exposing safety concerns when flooded “mobile homes are resold to unsuspecting families,” NassauNewsLives tells MHProNews. Hundreds of flood damaged homes were sold rather than scraped. …

Allegations of Flooded, Fixed, Flipped ‘Mobile Homes’ hit state, international news Read More

Big Houses Soar, MH Snore?

Analyzing data released by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD), total U.S. housing starts in July advanced at the rate Seasonally Adjusted Annual Rate (SAAR) of 1.093 million units. ReedConstructionData noted to MHProNews  that this is the second highest level since November 2007 …

Big Houses Soar, MH Snore? Read More

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All Parks Alliance for Change Lobbying Congress opposing Minnesota Community Owners Support for a Floor Vote on the Preserving Access to Manufactured Housing Act (HR1779)

Mark Brunner at the Manufactured and Modular Housing Association of Minnesota (MMHAMN) tells MHProNews that the All Parks Alliance for Change (APAC) is lobbying Congress to oppose The Preserving Access to Manufactured Housing Act (HR 1779). Brunner says APAC has sent out the following call-to-action statement to their members. “House …

All Parks Alliance for Change Lobbying Congress opposing Minnesota Community Owners Support for a Floor Vote on the Preserving Access to Manufactured Housing Act (HR1779) Read More

CFPB: What’s the difference between being pre-qualified and pre-approved for a loan?

Amy Tierce, writing in the NationalMortgageNews, tells MHProNews that the CFPB’s website gives an answer to the question, What’s the Difference between being pre-qualified and pre-approved for a mortgage? but that the CFPB’s answer is not, Tierce says, “the full story.” Some lenders have decided, she says, to “not issue pre-approval letters due …

CFPB: What’s the difference between being pre-qualified and pre-approved for a loan? Read More

Australian Modular Home Built to Resist Bushfires

A steel and glass-structured modular home with non-combustible fiber cement floor panels is designed to resist bushfires in the Australian outback, as well as to collect rainwater to use in the event of a fire. The modular Supashak is made to be transportable across Australia and adaptable to a variety …

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HUD Code Manufactured Home Producers Want Regulatory Fairness and Stronger Congressional Oversight

A builder of HUD Code manufactured homes contacted MHProNews  Monday morning with comments regarding concerns that arose from a conference call with producers, HUD’s third party inspectors and others they said took place last Wednesday, August 13th at 2 PM ET. The caller urged that we contact other independent producers, …

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Southern Energy Homes Dedicates New Plant in Alabama

Following a story MHProNews posted July 29, 2014 regarding the opening of Southern Energy Homes’ (SEHomes) new 176,000 square foot facility in Russellville, Alabama, the new plant was dedicated Aug. 8 and attended by AL Gov. Robert Bentley, along with Rep. Johnny Mack Morrow, Sen. Roger Bedford and U. S. …

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mhilogo-Manufactured and modular housing industry news uncategorized

MHI Week in Review – August 1, 2014

  Breaking News — GAO Issues Report on Manufactured Housing The Government Accountability Office (GAO) issued a long-awaited report on the Department of Housing and Urban Development’s (HUD) Manufactured Housing Program. The report – Manufactured Housing: Efforts Needed to Enhance Program Effectiveness and Ensure Funding Stability– makes a number of recommendations …

MHI Week in Review – August 1, 2014 Read More

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