Doug Duncan, Fannie Mae’s chief economist, says the recent turmoil in the nation’s capital may impact consumer confidence but he does not anticipate it will have a lasting impact on the housing recovery. While Duncan sees consumer spending as being more modest in the third quarter, he says interest rates …
The residents of King George Mobile and RV Park in Surrey, British Columbia, Canada are weary of the community deterioration and lawlessness that the owner allegedly ignores, and have begun a petition to have the Manufactured Home Park Tenancy Act altered so a percentage of rent monies go towards upkeep …
Austrian students from Vienna University of Technology won top honors at the U S. Department of Energy’s (DOE) Solar Decathlon, besting 18 other entries from around the world for “designing, building, and operating the most cost-effective, energy-efficient and attractive solar-powered house.” The modular wooden frame home, Austria’s first ever entry …
A couple in Preston, Minnesota who live across the street from the Brownsville Mobile Home Park have asked that green belt screening be erected in front of the community to shield their view. A 1971 ordinance requires manufactured home communities to have a green belt around the periphery if it …
Neighbors want Manufactured Housing Community Shielded from View Read More
MHI Annual Awards Dinner The MHI Annual Awards Dinner was held on Monday evening and began with a reception sponsored by Shaw Industries, Specialty Markets. Four members of the manufactured housing industry were honored during the annual awards dinner. David Tompos, President and CEO of NTA, Inc. received the Frank Walter Standards …
On October 1 the CFPB issued a final rule to a previous supplemental proposed rule. The amendments focused primarily on loss mitigation procedures under Regulation X’s servicing provisions, amounts counted as loan originator compensation to retailers of manufactured homes and their employees for purposes of applying points and fees thresholds …
The Wisconsin Housing Alliance has learned a “stop work” directive has been issued from the Obama Administration to the Institute for Building Technology and Safety (IBTS) that may choke off shipment of new HUD Code manufactured homes (MH). IBTS is a non-profit that provides contractor support for monitoring services of …
MHARR, as part of in its continuing effort to expand the currently limited availability of manufactured home consumer financing (public, private and particularly chattel), recently released information concerning a sole-source contract between Vanderbilt Mortgage and Finance, Inc. (Vanderbilt) and the Government National Mortgage Association (GNMA) (see, September 23, 2013 MHARR …
Additional Information on Sole- Source Vanderbilt – GNMA FHA Title I Vanderbilt Read More
Who, What and Where: (Your name and your formal title at Adventure Homes and where your company is based).
Walter Comer, President, Adventure Homes, 1119 Fuller Dr., Garrett, Indiana.
An important 2012 research study was done by the National Association of Realtors (NAR) and Google. The complete study is attached as a download at the end of this article, but let’s pull some key facts from the study to pin-point solid reasons why manufactured housing retailers, communities and other …
A small group of architects in post-war Japan, trying to overcome problems that plagued traditional urban planning, created the Nakagin Capsule Tower, a building containing 140 modular unit capsules of just over 100 square feet each. It’s intent was to provide housing for businessmen who needed an urban home during …
Following up on a post MHProNews last reported Sept. 3, 2013 regarding Equity LifeStyle Properties’ (NYSE:ELS) successful appeal of a sharp rise in taxes on two manufactured housing communities (MHCs) in Florida, over $200,000 in property taxes are once again at stake. Sarasota County Property Appraiser Bill Furst contends the …
Battle Rages over Value of Manufactured Housing Communities Read More
WASHINGTON — Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing on the Consumer Financial Protection Bureau’s Semi-Annual Report with Director Richard Cordray: Click to Watch Chairman Hensarling’s Opening Statement “This morning we welcome Director Richard Cordray, Director of the CFPB, to deliver …
Chairman Hensarling Opening Statement at Hearing on CFPB Semi-Annual Report Read More
Of the 30 largest metropolitan areas that the Zillow Real Estate Market report analyzes, 20 experienced annual home value increases of at least ten percent in August, the most significant of which were in California cities—Sacramento rose 34.1 percent—plus Las Vegas and Phoenix. Overall, 85 percent of the 382 markets …
Attached for your review and information are comments filed by MHARR in response to a proposed rule published by HUD in the Federal Register on July 26, 2013, to establish new ground anchor testing criteria and standards as part of the federal Model Manufactured Housing Installation Standards (24 C.F.R. 3285). …
The Manufactured Housing Association for Regulatory Reform (MHARR), commenting on the proposed new ground anchor testing criteria and standards, says it has no objections as long as the new rule is consistent with recommendations made by the Manufactured Housing Consensus Committee (MHCC). However, MHARR calls for HUD to allow existing …
MHARR Comments on Manufactured Housing Anchor Standards Read More
Updating a story MHProNews published Aug. 19, 2013 regarding one of the 20 entrants in the Department of Energy’s Solar Decathlon to begin Oct. 3, 2013 in Irvine, California, the Phoenix House by Team Kentuckiana is specifically constructed to withstand potentially destructive weather events. Designed by students from the University …
Federal Emergency Management Agency (FEMA) Chief Craig Fugate met with Colorado Governor John Hickenlooper and members of the state’s congressional delegation to discuss rebuilding and housing options regarding the over 19,000 buildings and homes damaged, and 1,502 homes destroyed, by the flooding along the Front Range. In addition over 30 …
Emergency Manufactured Homes may Assist in Colorado Flooding Read More
House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at the full committee hearing on the Consumer Financial Protection Bureau’s (CFPB) semi-annual report with Director Richard Cordray. “This morning we welcome Director Richard Cordray, Director of the CFPB, to deliver the bureau’s latest semi-annual report. Mr. …
California Assembly measure SB 510 would allow a local government to disprove of the conversion of a manufactured housing community to another use if a majority of the community residents do not support it. The uncertainty of the rights of both resident and community owner has led to dozens of …
Local Government May Disapprove of Community Conversion Read More
