A June 2015 Freddie Mac survey reveals that 55 percent of renters of both single-family homes and multifamily homes plan to continue renting in the next three years, although 67 percent of multifamily renters and 60 percent of single-family renters say they are satisfied with their rental experience. However, 53 …
Single-family Renter Households more Likely to Buy Read More
What’s New in public focused Manufactured HomeLivingNews.com The Kennedy – Model Home Video Tour – New Durham Estates, Westville, IN Jack and Betsy Norman, Whispering Pines 55+ Manufactured Home Community, Somerset, PA What’s New in Manufactured Housing Industry Professional News Justice Dept. settles two MHC discrimination suits. Judge clears path …
Sunday Morning Recap-Manufactured Housing Industry News Sept. 20-Sept. 27, 2015 Read More
Montana State District Court Judge George Huss abruptly ended a jury trial early in Bozeman, and awarded a development corporation $650,000 to be paid by the Gallatin County Commission for denying a proposal to develop the Gateway Village subdivision and site factory-built homes, MHProNews has learned. The commission had denied …
Judge Orders Approval of Contested Factory-built Subdivision, Awards $650,000 Read More
5 years after its passage, Dodd-Frank remains one of the hotly contested legacies of the Obama Administration. Supporters of the law believe that it provides important consumer protections. Others point to facts suggesting CFPB over-reach with respect to manufactured housing chattel – or personal property, “home-only loans” – are creating …
Following a story MHProNews last posted March 15, 2012 regarding a former Alabama lawmaker who admitted swindling nearly $250,000 from six post-Katrina victims for new modular homes that were never delivered, a judge denied his appeal for freedom in exchange for a down payment on restitution, according to bayoubuzz. John …
Former Lawmaker who Swindled Modular Home Buyers to Remain in Prison Read More
New this year at the Michigan Manufactured Housing Association’s (MMHA) 74th Annual MMHA conference in Detroit Oct. 19-20 will be a program to recognize the exceptional marketing and communications efforts of our members, according to news.sys-con. Categories include best community entrance, best model home staging, best community event or activity, …
Michigan State Association Conference to Honor Members’ Efforts Read More
The founder of manufactured housing and recreational vehicle component supplier Patrick Industries, Inc., Mervin D. Lund passed away at age 92. He introduced gypsum board to the manufactured housing industry as well as other materials that are still being used. A long time member of the Manufactured Housing Institute, he …
The Fannie Mae Home Purchase Sentiment Index (HPSI) in the last couple of months dropped to 80.8 from it record high set in June of 84.7, although it is up from a year ago and has stayed within a five-point range since one year ago. Fannie Mae Chief Economist Doug …
Housing Sector Continues to Chug Along, although Consumer Confidence Lags Read More
Following the news that 173,000 more Americans found work in August, and the unemployment rate has fallen to 5.1 percent, the lowest rate since 2007, do take note here of MHProNews Publisher L. A. “Tony” Kovach’ Shocking Labor Day Facts and Statistics. The Federal Reserve admitted the unemployment rate has …
The U. S. Unemployment Rate Revisited–with a Vengeance Read More
Following a story MHProNews last published June 4, 2015 regarding the impending closing and planned relocation of residents of Wheel Inn Ranch RV and Mobile Home Park in Scottsdale, Arizona, the city’s Human Services Department will help residents, many of whom are elderly and/or disabled, in their transition. While MHP …
Manufactured Home Community Residents Get Help from City, Fellow Citizens Read More
Twin Town Homes was incorporated in Maine 60 years ago and Bob Huatori has been there for 50 of those years, starting as a lot boy when he was 20, becoming president 25 years ago, and inheriting the business in 2006 when the son of the founder, Hayward Luck, passed …
As they have been doing for ten years, the freshmen class of Roanoke College in Virginia wields hammers, saws and T-squares to build a modular home for someone in need in the Roanoke Valley, this year for an immigrant family originally from Burundi, Africa, according to roanoke. Working with Habitat …
Habitat for Humanity Builds 200th Modular Home in Virginia Read More
A pioneer and innovator in the manufactured home industry in Georgia for over 35 years, William “Bill” Edwards passed away in Moultrie, Georgia Aug. 31, 2015. He co-founded Destiny Industries, Inc. in 1978 as a HUD Code manufacturer, building a distribution network across the southeastern U. S. with sales growing …
Daily Business News reporter Matthew J. Silver proudly states his step-son and daughter-in-law, Jonathan and Ashley Brooks, have gained national attention and accolades for their new restaurant, Milktooth, in Indianapolis. Serving brunch six days a week, 7AM -3PM, each dish is prepared on the spot when ordered, using the freshest …
MHProNews has learned from prnewswire that David M. Smith has joined Drew Industries, Inc. (NYSE:DW) as Chief Financial Officer (CFO), succeeding Joseph S. Giordano III, who held that position since 2008. Mr. Giordano will remain with the company temporarily to ensure a smooth transition. Mr. Smith, 52, has been Senior …
What’s New in public focused Manufactured HomeLivingNews.com Renters’ Nation: The Dark Side of Dodd-Frank and Its Impact on Affordable Housing Mary Zokoe talks Martin Motor Sports, Community Guidelines, More! Inside MH Road Show Video What’s New in Manufactured Housing Industry Professional News CFPB imposed appraisal rule on HPML loans one …
Sunday Morning Recap-Manufactured Housing Industry News Aug. 23-Aug. 30, 2015 Read More
Ted C. Jones, chief economist and senior vice president for Stewart Title Guaranty Co. in Houston, says financing the buying and selling of houses will be much more difficult when the mortgage disclosure rules go in to effect Oct. 1, as newsok tells MHProNews. “We’re going to continue to have …
Title Company Head says Mortgage Disclosure Rules will Delay Home Sales Read More
Stephen D. Williamson, vice president of the St. Louis Federal Reserve, says the Fed’s quantitative easing policy of purchasing monthly debts to stimulate the economy following the Great Recession was not all that beneficial to economic improvement. He says the zero interest rates since 2008 have not promoted good inflation …
The owners of Logan’s Crossing Manufactured Home Community in Dallas, Georgia, in conjunction with the Paulding Education Foundation, encourage excellence in attendance and achievement by offering awards to students who live in the community. According to neighbornewpapers, Dr. and Mrs. Ron Cobb established the Logan’s Crossing MHC Fund with the …
Owners of Manufactured Home Community Honors Resident Students Read More
In the wake of the Dow Jones’ precipitous fall of 530 points last week, Brett Arends, writing for marketwatch, says while the “perma bulls,” as he calls them, are gloating while the stocks continued ascending with barely a hitch, to characterize this as another buying opportunity he says is nonsense. …
Could the Dow Jones Drop 1,000 Points? History says Maybe Read More
