regulation

Sunday Morning Recap-Manufactured Housing Industry News Jan. 3 -Jan. 10, 2016

What’s New in public focused Manufactured HomeLivingNews.com What PBS NewsHour Missed About Manufactured Home Living Nicole Barker compares her Modular Home with conventional construction What’s New in Manufactured Housing Industry Professional News FHFA may securitize chattel loans. PBS NewsHOur critical of MH industry, as HUD Code production gains sharply in …

Sunday Morning Recap-Manufactured Housing Industry News Jan. 3 -Jan. 10, 2016 Read More

Controversy Escalates over Modular Homes in Cape Coral

Calling modular homes a “death sentence” to the housing market, realtors in Cape Coral say they hurt property values and the entire housing market, according to fox4now. One realtor, Jay Lagace, called it a travesty for the city of Cape Coral, noting it is on right on the gateway to …

Controversy Escalates over Modular Homes in Cape Coral Read More

CFPB Seeks Feedback on the Home Mortgage Disclosure Act

Regarding the finalized rule recently updated by the Consumer Financial Protection Bureau (CFPB) dealing with the reporting requirements of the Home Mortgage Disclosure Act, the agency now wants public feedback “on the resubmission of mortgage lending data reported under the new regulation,” according to housingwire. MHProNews understands the goal of …

CFPB Seeks Feedback on the Home Mortgage Disclosure Act Read More

Government Accountability Office Evaluates Dodd-Frank Act Effects

According to a report released by the Government Accountability Office (GAO), as nationalmortgagenews tells MHProNews, the Dodd-Frank Act is expected to have a $100 million impact on the bottom lines of community banks and credit unions in the form of higher expenses and forgone revenues. Regulators continue to verify actual …

Government Accountability Office Evaluates Dodd-Frank Act Effects Read More

Sunday Morning Recap-Manufactured Housing Industry News Dec. 27, 2015-Jan. 3, 2016

What’s New in public focused Manufactured HomeLivingNews.com College Education Made In Perpetuity – The Kalamazoo Promise; Von Washington Jr – where Affordability and Quality of Life Meet Home/Manufactured Home Article/Lies, Advocacy Journalism and Statistics – Seattle Times/BuzzFeed Attacks, Warren Buffett’s Clayton Homes Defends – charges of Racism and Discrimination – …

Sunday Morning Recap-Manufactured Housing Industry News Dec. 27, 2015-Jan. 3, 2016 Read More

Pre HUD Code Home brought in Illegally

In New Mexico, Michael Baca’s appeal to keep a pre HUD Code home was denied by the Torrance County Commission by a 2-1 vote Dec. 23, although it did pull at the heartstrings of the commissioners to essentially deny a family a place to live. Mr. Baca, with two kids, …

Pre HUD Code Home brought in Illegally Read More

Sunday Morning Recap-Manufactured Housing Industry News Dec. 20-Dec. 27, 2015

What’s New in public focused Manufactured HomeLivingNews.com Saving the American Dream for a Soldier, new Wife and Family What’s New in Manufactured Housing Industry Professional News MHARR slams FHFA for excluding chattel loans. Ordinance prevents more MH in the community. Assessments on MH sites maddens owners. Block grants to replace …

Sunday Morning Recap-Manufactured Housing Industry News Dec. 20-Dec. 27, 2015 Read More

City Ordinance Prevents Siting of more MH in Community

Kaj and Carla Sorensen would like to add three more manufactured homes to their Sorensen Rentals manufactured home community (MHC) in Milton, Fla., but the city’s Code of Land Ordinances is not zoned to allow any more non-conforming structures, according to what srpressgazette tells MHProNews. City Planner Randy Jorgenson said, …

City Ordinance Prevents Siting of more MH in Community Read More

MHARR Criticizes FHFA for Continuing to exclude Chattel Loans

 The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews the so-called “new” duty to serve (DTS) rule issued by the Federal Housing Finance Agency (FHFA) Dec. 18, 2015, much like the original 2010 implementation, continues the exclusion of manufactured home (MH) chattel loans, which make up some 70 percent …

MHARR Criticizes FHFA for Continuing to exclude Chattel Loans Read More

Special Assessments on MHC Sites draws Ire of Owners

Manufactured home community owners in Bismarck, South Dakota are complaining that special assessments imposed by the city council on manufactured home sites are double those of lots for single-family homes, adding it puts an unfair burden on those who can least afford it. Residents pay taxes on their homes and …

Special Assessments on MHC Sites draws Ire of Owners Read More

SnapSpace may Move Modular Container Building Operation to South Carolina

A story MHProNews last published Sept. 10, 2015 concerning a business in Brewer, Maine that has been converting shipping containers into modular buildings since 2011, was ordered to cease and desist. The attorney general’s office said it was making manufactured homes (MH) without a license. It has now received a …

SnapSpace may Move Modular Container Building Operation to South Carolina Read More

Arizona County Postpones Ruling on Siting Older Manufactured Homes

Following a story MHProNews last published Nov. 16, 2015 regarding the Mojave County, Arizona’s Board of Supervisors attempt to limit siting in the county of manufactured homes no older than seven years old, the mojavedailynews reports the board took no action at Monday night’s meeting. Retailers, installers, manufactured home owners …

Arizona County Postpones Ruling on Siting Older Manufactured Homes Read More

Existing Home Sales Fall, TILA-RESPA Rule Blamed

“The new rules are the reason I drink,” said Joe Parsons, a senior loan officer at mortgage lender PFS Funding in Dublin, California, referring to the federal home disclosure rules created to give borrowers more time to review documents. He says because the new rules are extending closing times beyond …

Existing Home Sales Fall, TILA-RESPA Rule Blamed Read More

Seattle’s Tent City Provides Structure for the Homeless

Tent City 3 in Seattle, Washington is a peer-run homeless encampment with ties to social welfare services and some 60 residents, according to news.ca.yahoo. A 2014 report from the National Law Center on Homelessness & Poverty (NLCHP) indicates citywide anti-camping bans have risen by 60 percent since 2011. The U. …

Seattle’s Tent City Provides Structure for the Homeless Read More

Sunday Morning Recap-Manufactured Housing Industry News Dec. 13-Dec. 20, 2015

What’s New in public focused Manufactured HomeLivingNews.com Local Star Chambers Wage War on Affordable Housing What’s New in Manufactured Housing Industry Professional News Thugs threaten modular homeless housing in Dublin. Dodd-Frank reform dropped from bill. Fowl foul manufactured home expansion. Ordinance classifies 3 types of MH. Site-built starts & permits …

Sunday Morning Recap-Manufactured Housing Industry News Dec. 13-Dec. 20, 2015 Read More

MO Commission Insufficient in its Oversight of New Manufactured Homes

Missouri Auditor Nicole Galloway’s office tells MHProNews reports the Missouri Public Service Commission (PSC) has been lax in its oversight of manufactured homes MH), stating the agency did not follow up on problems discovered during inspections of manufactured and modular homes. The audit, as stltoday reports, found problems with 11 …

MO Commission Insufficient in its Oversight of New Manufactured Homes Read More

Expansion of Carrington Pointe MHC Planned for Fort Wayne Area

MHProNews has learned that Sun Secured Financing LLC, a subsidiary of Sun Communities, Inc. of Southfield, MI is seeking to expand Carrington Pointe manufactured home community (MHC) in Fort Wayne, IN (MHC) by 36 acres to accommodate 165 manufactured homes (MH). A rezoning that allows homes to occupy rental sites …

Expansion of Carrington Pointe MHC Planned for Fort Wayne Area Read More

New Ordinance Classifies Manufactured Homes into Three Types

Under a new manufactured housing ordinance being drawn up by the city of Washington, Indiana, as washtimesherald tells MHProNews, incoming Building Commissioner Bryan Sergesketter states there are three types of manufactured housing, as Lindsay Owens writes: “Type I, which is set on a permanent foundation; Type II, which is brought …

New Ordinance Classifies Manufactured Homes into Three Types Read More

Dodd-Frank Reform not Included in Omnibus Appropriations Bill

The Manufactured Housing Institute (MHI) informs MHProNews that congressional leaders have announced a $1.1 trillion omnibus appropriations spending bill to keep the government funded through fiscal 2016, but none of the Dodd-Frank Act reforms were included. Rep. Stephen Fincher (R-TN), the sponsor of the Preserving Access to Manufactured Housing Act …

Dodd-Frank Reform not Included in Omnibus Appropriations Bill Read More

Massachusetts Town wants to Classify Manufactured Homes as Affordable Housing

According to wareham-ma.village soup, Wareham, Massachusetts Selectmen Peter Teitlebaum reported to other members of the Wareham Board of Selectmen that he testified at a legislative hearing in Boston in support of Wareham’s home rule petition. It would allow the town to count manufactured homes as affordable housing in order to …

Massachusetts Town wants to Classify Manufactured Homes as Affordable Housing Read More

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