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CFPB’s Top Cop Picked to Lead Agency

Business Insider reports that President Obama has picked former Ohio Attorney General (AG) Richard Cordray to head the Consumer Financial Protection Bureau (CFPB). He became AG in Ohio in 2009 when the previous officeholder had to step down, and garnered some national attention when he went after big banks for …

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LLC Owners Need Model Home Photos

In a communiqué to MHMSM.com, Mountain View Estates community owner David Roden and Spencer Roane, the Georgia Manufactured Housing Association’s (GMHA) Community Owners Representative, have an upcoming meeting with Federal Emergency Management Agency (FEMA) and Georgia Emergency Management Agency (GEMA) officials to discuss housing for disaster victims.  Noting that the …

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SBA Loans Available for Housing in Alabama

The Times Daily says only 4,712 of the 44,209 loan applications distributed by FEMA across Alabama following the deadly tornadoes of April 27 have been returned.  Maximum Federal Emergency Management Agency (FEMA) emergency assistance for a new home, or repairs to a damaged one, is $32,000, not enough for a …

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Heritage Co-CEO Chosen for Bank Board

Market Watch reports from Warsaw, Indiana, that Brian J. Smith, Co-CEO of Heritage Financial Group in Elkhart, IN has been appointed to the Boards of Directors of Lakeland Financial Corporation and Lake City Bank.  Trained as a Certified Public Accountant (CPA), Smith has been Co-CEO of Heritage since 2000, and …

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Academia, Industry Collaborate to Build Sustainable Modular Homes

Newswise says the Virginia Tobacco Indemnification Commission and Community Revitalization Commission has awarded a $2,445,000 grant to the University of Virginia (U.Va.) to design, develop and manufacture affordable, energy-efficient and disaster-recovery housing.  The focus will be on economic revitalization in formerly tobacco-dependent communities by creating 50 jobs in state-of-the-art facilities …

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PMHA Announces Board of Directors Make-up

In a communiqué to MHMSM.com, Mary Gaiski, Executive Vice-president of the Pennsylvania Manufactured Housing Association (PMHA), announces the following board members who will return for an additional two-year term, and their positions: Sean Dalton, Insurance Director; Tracy Kirby, HUD Manufacturer Director; Mark Bowman, Modular Manufacturer Director; John Fanelli, Southwestern District …

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MHI States Need for Dodd-Frank Change

MHMSM.com today received from Thayer Long, Executive Director of the Manufactured Housing Institute (MHI), that association’s position paper on a critical Industry subject.   In noting the impact of the Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank) on manufactured housing, MHI says the unintended consequences of the bill …

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Passage: Judith Garrett, Co-owner of Drew Plaza MH Company

The Minot Daily News reports that Judith Lynn Garrett of Minot, South Dakota, passed away July 5.   Judith was co-owner of Drew Plaza Manufactured Homes Company of Monticello, Arkansas.   She was an avid golfer and had been active in several service organizations inside and outside the military.  With …

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DeRose Declines, but MHARR and MHI Cooperate?

Sources tell MHMSM.com that MHI and MHARR quietly prepared a joint approach to HUD in favor of appointing attorney Victor A DeRose to a vacancy in that federal agency’s manufactured housing program.  DeRose, who has years of manufactured housing industry experience, declined interest in the role.  Recently announced moves of …

DeRose Declines, but MHARR and MHI Cooperate? Read More

HUD’s Donovan Says Rising Home Prices are Coming

Bloomberg News reports Housing and Urban Development (HUD) Secretary Shaun Donovan says home prices may start to increase as early as the third quarter, as the rate of foreclosures decline.  Speaking on CNN, Donovan says, “The real question is when will we start to see sustainable increases. Some think it …

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Green Affordable Modular Housing Rises in Illinois

Great Britain’s International Business Times says Jerseyville, Illinois, in the southern part of the state near St. Louis, Missouri, is the site for 32 new modular single-family green homes.  Each 1,424 square foot three bedroom home in the Lexington Farms development has the Leadership in Energy and Environmental Design (LEED) …

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Iowa Fire Marshal Distributing Free Smoke Alarms

In a special report from Joe Kelly of the Iowa Manufactured Housing Association (IMHA), MHMSM.com has learned that State Fire Marshal Ray Reynolds, in commemorating the 100th anniversary of the state fire marshal’s office, wants to make sure every Iowa house has functioning smoke alarms.  He met with the IMHA …

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Thayer Long Responds to IBIS World’s Dire Predictions

RealEstateRama says Thayer Long, CEO and president of the Manufactured Housing Institute (MHI), refuted charges by IBIS World Inc., that manufactured housing is a dying industry.  While noting the pace of new manufactured homes sales has declined 57 percent in the last five years, the comparable statistic for new single-family …

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New Manager Joins LLC Owner Green Courte Partners

MHMSM.com has learned that Chicago-based private equity real estate investment firm Green Courte Partners LLC has named Keith Balowek Managing Director, Parking Acquisitions.  With 30 years real estate experience in a number of private and public companies, Mr. Balowek was involved in the acquisition of more than $500 million parking …

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Study Shows Tighter Lending Restrictions in Kentucky

The Louisville Courier-Journal says a Wall Street Journal analysis of mortgage banking in Kentucky shows people had more trouble getting financing in 2010 than in other states.  Adam Hall, president of the Mortgage Bankers Association of Kentucky says part of the reason in the rural areas is the existence of …

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Mother of MH Dealer Passes

Estelle Victoria Rand, 83, mother of Richard (Rick) Rand of Great Value Homes, Inc., of Milwaukee, Wisconsin, passed away after an extended struggle on June 25.  Rick Rand’s Great Value Homes is a well known manufactured home community operator and has been selling factory-built homes since 1984.  MHMSM extends its sincerest …

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New Baby Girl for Drew and Christine Peters

MHMSM.com extends a hearty welcome to the baby daughter and first child of Drew Peters of Manufactured Home Source and his wife, Christine.  Kaia Peters was born Wednesday, June 22, in Reno, Nevada.  Drew has been President of Manufactured Housing Source (MHS) of Incline Village, Nevada, for seven years.  MHS …

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MH Residents Committed to Their Stylish Community

Treasure Coast Palm reports from Jensen Beach, Florida, just north of West Palm Beach, the stylish manufactured home of Nancy and Dean Hunter epitomizes upscale down-sizing.  Their 1,600 square foot, three bedroom manufactured house in the Pinelake Village community boasts a kitchen big enough to have a breakfast bar, dining …

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HOF to Induct George F. Allen and Others Aug 1

The Recreational Vehicle/Manufactured Housing Hall of Fame (HOF) headquarters in Elkhart, Indiana, will be the site of the August 1 banquet for the 2011 inductees into the HOF.  The inductees include a cross-section of Recreational Vehicle and Manufactured Housing leaders.  They are: George F. Allen, GFA Management, Indianapolis; Robert Azevedo, …

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