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Passages: Mary “Irene” Younkin

Long-time manufactured home retailer and community owner Mary “Irene” Younkin, 95, passed away in Columbus, Ohio, Dec. 5, 2015. She was chairwoman of Greenlawn Realty, and co-founder of Greenlawn Mobile Home Sales as well as Greenlawn RV Center, and several land lease communities. Inducted into the RV/MH Hall of Fame …

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Passages: Darla Blanchard

The Texas Manufactured Housing Association (TMHA) informs MHProNews that long-time TMHA member Darla Blanchard of Lumberton, TX passed away Dec. 6 at age 54 after a long battle with cancer. She and her husband, Tommy, own and operate World Wide Homes in Lumberton. MHProNews sends its deepest sympathies to her …

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Manufactured Home finally Saved from Creek

Following a story MHProNews last posted March 14, 2015 about a couple in Lewis Center, Ohio whose manufactured home was sliding into a creek next to their home, after numerous inspections and visits from commissioners, the state helped fix the situation, according to wbns10tv. The fix involved installing a retaining …

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Texas Gov. Appoints Richards to MH Board

According to gov.texas that Gov. Greg Abbott has appointed Ronald M. “Ronnie” Richards, long-time vice-president of marketing for manufactured and modular home builder American Homestar Corporation, now retired, to the Texas Manufactured Housing (MH) Board. The board regulates the MH industry in Texas. Currently part-owner of a wedding and reception …

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Drew Principals Sell over 40k Shares of Stock

The sell off of Drew Industries, Inc. stock by principals of the company continues as Chief Financial Officer (CFO) Joseph S. Giordano III sold 8,000 shares of the company at an average price of $61.00 for a net transaction of $488,000.00, dated Fri., Nov. 27, according to midsouthnewz. He now …

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Insider Trading Continues at Drew Industries

As financialmagazin reports, Drew Industries, Inc. (NYSE:DW) director David Reed sold 10,300 shares of company stock at an estimated $60.9 per share, yielding $627,270. Furthermore, within the last 30 days he sold an additional 1,200 shares valued at $73,368. Currently, Reed now owns 34,130 shares of Drew stock, approximating 0.14 …

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Newest Entry into Manufactured Housing Reported

Newborn into the MH Industry is Thomas Brandon Dobbs. “Tommy” was born in Corinth, MS, 8lbs 15 oz., on 11/11/15. Proud parents are Gary and Melanie Dobbs. Gary is in sales at Sunshine Homes, Red Bay, AL, covering Tennessee and Alabama. The happy grandparents are John and Pam Bostick, Lee …

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Drew’s President Draws $222k in Sale of Drew Stock

In a document filed with the Securities and Exchange Commission (SEC), dakotafinancialnews reports Scott T. Mereness, president of Drew Industries, Inc., sold 3,700 shares of stock in a transaction dated Nov. 25 at an average price of $60.00 per share for a total net of $222,000.00. Mereness now owns 115,242 …

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Sunday Morning Recap-Manufactured Housing Industry News Nov. 22-Nov. 29, 2015

What’s New in public focused Manufactured HomeLivingNews.com “It’s not a trailer, it’s a manufactured home!” Inside MH with Mary Johnson, Retired Nurse Getting More Manufactured Home Lending – Video Interview with MH Owner, Tom Fath What’s New in Manufactured Housing Industry Professional News MHARR slams HUD over monitoring contract. Australia …

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Lower Immigration Barrier, Offer Syrian Refugees New Manufactured Homes

Where so many see a loathing, fearful problem, Robert Rand, a Vietnam Vet with 20 years of military service, sees an opportunity. Writing in centralmaine, he states he doesn’t understand the rejection of Syrian refugees, especially by the Republicans, comparing it to turning back the boatload of 100s of Jewish …

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Drew Industries Officer Unloads more Stock

In another inside trading transaction at Drew Industries, Inc. (NYSE:DW), Chief Administrative Officer Jamie Schnur sold 1,626 shares of company stock in a deal dated Tue., Nov 24, according to storminvestor. The shares were sold at an average price of $59.41 resulting in a transaction value of $96,600.66. On Nov. …

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Fla. Workshop will Feature Manufactured Home Set-up

MHProNews has learned from realestaterama the Lake County (Fla.) Building Services Division is hosting an instructional workshop on “Manufactured Home Set-up” Dec. 3 in Tavares, Fla. Presented by Blaine Fort, Department of Motor Vehicles Safety Program Consultant, the free class will deal with the installation and safety aspects of siting …

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Crucial Vote on MH Lending due in Congress by Dec. 11

Although HUD Secretary Julian Castro praised the manufactured home industry for making affordable home ownership possible in a recent speech to the Manufactured Housing Institute (MHI), another part of the federal government, the Consumer Financial Protection Bureau (CFPB), restricts lending on manufactured homes valued at $20,000 or less. Some say …

Crucial Vote on MH Lending due in Congress by Dec. 11 Read More

Drew CEO Sells 2,800 shares of Company Stock

In an insider trade, as reported by voicechronicle, Jason Lippert, CEO of Drew Industries, Inc. (NYSE:DW) sold 2,800 shares of company stock at $59.80 per share for a net of $167,440. He still owns 130,711 shares, 0.55 percent of the company’s market cap of $1.41 billion. Company stock has risen …

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Modular Home is First for New Jersey Habitat for Humanity

For the past 12 years the Gloucester County Habitat for Humanity has spent $2 million acquiring property and rehabbing and building homes, but for the first time they are building a modular home for a family of four in Woodbury, New Jersey. This is the second Habitat home in Woodbury …

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Manufactured Home Project Draws Ire of Legislators, Constituents

Responding to a letter sent by Santa Barbara (Calif.) Mayor Helene Schneider regarding the Punta Gorda manufactured housing (MH) project, State Senator Hannah Beth-Jackson (D-Santa Barbara) and Assemblymember Das Williams (D-Carpinteria) released a statement indicating some displeasure with the project, according to noozhawk. Sen. Jackson, noting the importance of community …

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Palo Alto Levying Millions on Manufactured Home Community for Closing

MHProNews published a story on October 18, 2013 reporting that the owners of California’s Buena Vista Mobile Home Park, the Jissers, were interested in selling the community of 104 homes for possibly over $30 million if their plan is approved by the city of Palo Alto, where the median home …

Palo Alto Levying Millions on Manufactured Home Community for Closing Read More

HUD Secretary Castro Praises Manufactured Home Industry

In a video address to the Manufactured Housing Institute’s (MHI) National Communities Council (NCC) Fall Leadership Forum, Department of Housing and Urban Development (HUD) Secretary Julian Castro, calling HUD “The Department of Opportunity,” praised the manufactured home industry for “giving more families access to quality, safe and affordable housing.” The …

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City Council Overrides Mayor’s Veto over Manufactured Housing

A proposal that adds a definition for the 19 manufactured home communities (MHC) to the city’s Comprehensive Plan, and was passed by the Spokane (WA) City Council, was vetoed by Mayor David Condon. An hour later, the council overrode his veto, as spokesman tells MHProNews. Councilman Jon Snyder, who helped …

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Clayton CEO Purchases 20k shares of Ruby Tuesday

President and CEO of Clayton Homes, Inc. since 1999, Kevin T. Clayton is a board member of Ruby Tuesday, Inc., and on Tue., Nov. 10, 2015, purchased 20,000 shares of company stock at $5.20 per share for a total value of $104,000. As wkrb13 reports, in a document filed with …

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