AnchorageDailyNews tells MHProNews although many of Warren Buffett’s Berkshire Hathaway subsidiaries did well in Q2 2012, including its housing-related businesses, its overall second quarter profit dropped nine percent. Berkshire earned net income of $3.1 billion, $1.25 a Class B share, a drop from last year’s second quarter income of $3.4 …
A companion measure to the bipartisan H.R. 3849, the Preserving Access to Manufactured Housing Act, introduced in the House of Representatives Feb. 2012 by Reps. Stephen Fincher (R-TN), Joe Donnelly (D-IN), and Gary Miller (R-CA), all members of the House Financial Services Committee, has been introduced in the Senate by …
27east tells MHProNews modular housing has begun arriving in Amagansett at the far eastern tip of Long Island, New York next to St. Michael’s Lutheran church. With a $4.9 million grant from the Department of Housing and Urban Development (HUD) to non-profit St. Michael’s Housing Associates, the modular sections will …
mortgageorb reports a new study by the American Council for an Energy-Efficient Economy (ACEEE) estimates energy-efficient manufactured homes could save consumers $4.6 billion over the next 20 years, which would also improve residents’ economic stability. “Mobilizing Energy Efficiency in the Manufactured Housing Sector” states average household incomes in manufactured homes …
Study: Energy Efficient MH would Improve Economic Stability Read More
The tctimes in Fenton, Michigan reports the problems allegedly emanating from the Lake Ponemah Mobile Home Park have become a bone of contention between some of the residents, the Fenton Township Board of Trustees, Genesee County Undersheriff Chris Swanson, the MHC owners, and state governing board Michigan Manufactured Housing Commission …
As follow-up to a story we published yesterday, July 25, concerning the development of 251 manufactured homes in Halekulani, near the southeast coast of Australia, express-advocate-wyong reports opposition is increasing as nearby residents rallied outside the site Wednesday. As owners of the property, the Darkinjung Aboriginal Land Council wants to …
Following up on our article July 16, 2012, MHProNews has received word the RV/MH Hall of Fame and Museum has far surpassed its goal of raising $100,000 to match the Ingram family challenge in order to keep the Museum open. $10,000 short of their goal only two weeks ago, and …
mcall reports from the Lehigh Valley in Pennsylvania Love Homes and its owner, Lawrence Higgins, in Lower Macungie Township are in danger of losing licenses necessary to conduct its retail business of selling manufactured housing. A Pennsylvania Department of Banking order issued in March, 2012 has accused Love Homes of …
MHProNews has learned from NationalMortgageNews the Consumer Financial Protection Bureau (CFPB) seeks input from small banks and credit unions to set up special advisory boards, noting director Richard Cordray said small institutions can be exempt from certain regulatory requirements, but only on a case-by-case basis. Appearing before a House subcommittee …
MHProNews has learned at a hearing on the Financial Services Oversight Council (FSOC), the “super committee” of regulators established as part of the Dodd-Frank Act to provide comprehensive monitoring of our nation’s financial system, House Financial Services Committee Chairman Spencer Bachus (R-AL) said there is little evidence the FSOC has …
The Manufactured Housing Association for Regulatory Reform (MHARR), in its continuing attempts for the Department of Housing and Urban Development (HUD) to fully and properly implement the Manufactured Housing Improvement Act of 2000 which especially impacts the industry’s smaller businesses, sent a letter July 19, 2012 to HUD Assistant Secretary …
MHARR to HUD: Respond to Affordable Housing Need, not Regulators Read More
DocStoc reports billionaire investor Sam Zell has donated $5 million to the University of Michigan, his alma mater, for a comprehensive entrepreneurial law clinic called ZEAL, the Zell Entrepreneurship and Law Program. Zell says: “My goal with entrepreneurial ventures at the university has always been to create cross-pollination across multiple …
ADN reports the Dayton Daily News in Ohio says only about 6,000 of the 140,700 eligible Ohioans who received foreclosure notices 2009-2010 have asked for a review of their case despite the possibility of receiving up to $125,000 if the borrower was not in default when the foreclosure process began. …
Foreclosed Homeowners in Ohio Reluctant to Respond Read More
Ron Richardson, 81, entrepreneur, real estate investor, Air Force veteran, and business owner passed away in Las Vegas, July 5, 2012. In addition to being an investor in an insurance company and a commuter airline that is now part of Continental Express, “commodore”, as he liked to be called, bought …
MHProNews has learned from the Alabaster Reporter in Alabaster, Alabama, just south of Birmingham, AL State Sen. Cam Ward wants to pass legislation establishing uniform regulations dealing with the manufactured housing industry. Presiding over the Uniform Law Conference, Ward says manufactured housing is produced in one state and often transported …
State Senator: Establish Interstate Regulations for MH Industry Read More
JournalPioneer states Tim Banks, a member of the Board of Governors of Killam Properties of Halifax, Nova Scotia, Canada and CEO of design and construction firm APM of Prince Edward Island (PEI), Canada spent time at the Boys and Girls Club in Summerside, PEI. Killam and APM are each donating …
Contributions to the RV/MH Hall of Fame and Museum have reached 90 percent of the $100,000 Ingram Family Challenge Grant. When Darryl Searer, president of the Hall, asked for a couple of angels to step forward on July 3, he got his wish: Roy Beck, retired co-founder of The Beck …
Benzinga reports Warren Buffett has changed his tune from a year ago when he noted most everything in the economy was improving except residential housing, for which he now sees a demand in the rental market. He says although Europe is in worse shape now than six weeks ago he …
Following up on a story we posted yesterday, July 10, yourdailyjournal reports the Rockingham (North Carolina) City Council denied a request from Charles Seago to rezone land from business to residential so he could site four additional manufactured homes on the property on which he already has five MH. Although …
LousivilleCourier-Journal states Bob Lane, executive director of the New Albany (Indiana) Historical Society says the first prefabricated house in the country came out of the Gunnison Housing Corporation in New Albany in 1936. Foster Gunnison, a lighting director from New York who was involved with the construction of Radio City …
