Consumer Financial Protection Bureau (CFPB) Director Richard Cordray has finally spoken in the wake of President Trump’s inauguration, per the LA Times. And he’s not pulling any punches. “The new administration really shouldn’t change the job at all,” said Cordray at a forum held by the Wall Street Journal. …
Patrick Kennedy, owner of Panoramic Interests, a San Francisco, California based developer specializing in prefab homes, believes he has a partial solution to the Bay Area’s chronic homelessness problem. Now he’s invited the East Bay city of Berkeley to take a look at that solution with a prototype installed next to City Hall. …
North of the border, in Mayerthorpe, Alberta, Canada, in what appears to be another case of NIMBY (Not-In-My-Back-Yard), a housing developer is not pleased about a planned manufactured home community. According to the Mayerthorpe Freelancer, local housing developer Tim Rosadiuk criticized Mayerthorpe’s new manufactured housing subdivision and said there is a lack …
Local Developer Says MH Community Hurts Property Value Read More
Mortgages are a complicated thing. Between bad loan quotes, potentially having to commit in advance of information verification, and “Lock Abuse,” which is a lock price that is above the lender’s posted price at the time of commitment, the home loan market is prime for a change. Jack Guttentag, also …
A Solution for the Dysfunctional Home Loan Market? Read More
The Senate Banking, Housing and Urban Affairs Committee has unanimously approved Dr. Ben Carson for Secretary of Housing and Urban Development (HUD.) His nomination now heads to the full Senate for a vote. Manufactured housing also took center stage, as the Manufactured Housing Institute (MHI) tells MHProNews that Senator Dean …
Carson Approved by Senate Committee, Provides View on MH Read More
Throughout the 2016 presidential campaign, Donald Trump was very clear on one thing he wanted to change – regulations. President Trump talked about the Obama-era financial regulations, including Dodd-Frank, as “bad for business” and responsible for the nation’s slow growing economy. For many, the President’s anti-regulatory stance is a …
Trump’s Regulation Cuts Could Have Major Impact on MH Read More
As President Donald Trump enters his first full week of office, his cabinet picks remain the front and center topics of discussion. But, there’s one well-known mogul who sees them as the right choices. “I overwhelmingly support President-elect Donald Trump’s choices for cabinet positions,” said Berkshire Hathaway CEO Warren Buffett. …
Buffett Supports Trump Picks, Soros Has Other Ideas Read More
A new year, a new month, and a new set of featured articles are found on the MHProNews.com home page. Our theme for this month is: Jiu Jitsu January in Manufactured Homeland, USA. To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, …
It is now official: Donald J. Trump is the 45th President of the United States, and Mike R. Pence is Vice President of the United States. The Daily Business News has followed primary, election and post election activity closely showing the many faces, and voices of the campaign. In President …
From Obama to Trump: America Celebrates, Protests and Contemplates Read More
Keith Ellison (D-MN) has introduced The Energy Efficient Manufactured Homes Act of 2017 (H.R. 515), which proposes to enable economically vulnerable families to live in safe, affordable and energy-efficient homes. “There are as many as two million families who live in outdated energy-inefficient manufactured homes built more than two decades ago,” …
Bill Introduced to Replace Outdated Manufactured Homes Read More
Richard Cordray, Director of the Consumer Financial Protection Bureau (CFPB) is getting some help from Senate Democrats to save his job. As the Daily Business News reported recently, Republican Senators Mike Lee (UT) and Bob Sasse (NE) sent a letter to Vice President-elect Mike Pence and President-elect Donald Trump, urging …
Residents of a Weslaco, Texas manufactured home and RV community are dealing with code violation notices from city officials. According to KRGV, Hidalgo County health officials have flagged more than half of the homes and RVs at the Weslaco Trailer Park property in the last week. They said violators are making …
Residents Try to Keep Up With Repairs, Code Violations Read More
In another case of NIMBY (Not-In-My-Back-Yard), a South Carolina County Council is asking for more clarity. The Aiken County Council has sent a proposed rezoning back to the planning commission to review alternate zoning of some or all of the area. According to the Aiken Standard, last month the County Council …
Proposal to Keep Manufactured Housing Out Sent Back to Planning Commission Read More
Things are heating up in Arkansas between the manufactured housing industry and Governor Asa Hutchinson’s office. According to KATV, the issue stems from a proposal that is designed to stop military retirement benefit pay from being taxed. Proponents of the proposal say that it would bring more military to live …
Manufactured Housing Industry Speaks Out Against Tax Levy Read More
With confirmation hearings underway for Dr. Ben Carson as Department of Housing and Urban Development (HUD) Secretary, the voice of opposition is speaking loud and clear. “Although you have many accomplishments in the medical field, there is relatively little in the public record that reveals how you would further HUD’s …
Former HUD Secretaries Endorse Ben Carson for Post Read More
A new year, a new month, and a new set of featured articles are found on the MHProNews.com home page. Our theme for this month is: Jiu Jitsu January in Manufactured Homeland, USA. To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, …
The U.S. International Trade Commission (ITC) says that it has found a reasonable indication that softwood lumber products from Canada materially injured American producers. According to the CBC, the findings set the stage for the imposition of preliminary duties that softwood producers fear could impact Canadian jobs. The trade commission …
Trade Commission Findings Could Have Serious Ramifications for MH, MODs Read More
Confirmation hearings in the Senate are already under way for some of President-elect Donald Trump’s cabinet picks. These include headliners such as Alabama Senator Jeff Sessions, and former Exxon Mobile CEO Rex Tillerson. Of great interest to manufactured houisng professionals will be the hearings for Department of Housing and Urban …
As Confirmation Hearings Begin, Differing Views on Dr. Ben Carson for HUD Secretary Read More
Republican Senators Bob Sasse (Neb.) and Mike Lee (Utah) penned a strongly worded letter to Vice President-elect Mike Pence on Monday, urging President-elect Donald Trump to remove Director Richard Cordray as head of the Consumer Finance Protection Bureau (CFPB). “It’s time to fire King Richard,” said Sasse, who also serves as …
GOP Senators to President-elect Trump: Fire CFPB Head Richard Cordray! Read More
As outgoing President Barack Obama prepares to give his farewell address from McCormick Place in Chicago this evening. White House officials say it’s not a victory lap. “It’s a passing of the baton,” said White House spokeswoman Jen Psaki. Senior Obama advisor Valarie Jarrett says the speech is about action. …
Presidential Sunset to Sunrise: Obama Looks to Solidify Legacy, Trump Sets Action Agenda Read More
