Updating a story we posted July 5, 2013 regarding a manufactured housing community (MHC) owner’s plans to rehab his property being stymied by the city council, a recent vote by the council will encourage owners to make improvements within the guidelines of a new ordinance. In 1999, the council eliminated …
Texas City Sets New Ordinance for Manufactured Homes Read More
It will more expensive for lenders to do business with the Federal Housing Administration (FHA) if a new method for determining lenders’ liability for poorly written loans that default is adopted. Currently, when defects are discovered lenders have to eat the losses on those loans. Under the new proposal, FHA …
Updating a story MHProNews posted Tue., Aug 13, concerning the state house’s passage of a rent control measure for the four manufactured housing communities in Acushnet, Massachusetts, Rep. Robert M. Koczera (D-New Bedford) says, “I have every reason to believe it will become law.” It now goes to the Senate …
In its continuing attempts to amend rules that inhibit lending to the manufactured housing market, the Manufactured Housing Institute (MHI) says the Consumer Financial Protection Bureau (CFPB) released additional rules that exempt loans on existing manufactured homes (excluding real estate) from Dodd-Frank appraisal requirements. There is already an existing rule …
Manufactured Housing Industry Gains in Easing Lending Restrictions Read More
As part of housing finance reform, the House Financial Service Committee passed a measure that will eventually eliminate Fannie Mae and Freddie Mac and pass the job of bundling most mortgages into marketable securities to private investors. Under the Protecting American Taxpayers and Homeowners (PATH) Act, the government would supervise …
Portable home generators are often used during prolonged power outages, especially due to extreme weather occurrences. A study simulating carbon monoxide (C0) levels in detached and manufactured housing commissioned by the U. S. Consumer Product Safety Commission (CPSC) reveals that a generator that operates for 18 hours in a house …
Manufactured Housing Residents May be at Risk using Generators Read More
The fire department in the west central Texas town of Big Spring was to meet with city staff today to discuss fire codes relating to modular homes made from shipping containers that the city council voted to allow in at their last meeting. As MHProNews has learned from cbs7kosa, the …
A mortgage lender is being sued by the Consumer Financial Protection Bureau (CFPB) for allegedly paying bonuses to loan originators that charged consumers higher interest rates in violation of the loan officer compensation rule. The 85th largest lender in the country, Castle and Cooke Mortgage LLC of Salt Lake City …
Updating and adding to a story posted by MHProNews July 16 concerning restrictions on manufactured housing (MH) placement in Magnolia Ark., the Magnolia City Council will consider the second part of the ordinance, which deals with the particulars of each manufactured dwelling. All homes must have a perimeter foundation enclosure …
The Board of Selectmen in Exeter, New Hampshire voted unanimously to issue a tax deed on a single-family home, thereby taking ownership of the home, but issued deed waivers on eight manufactured homes (MH) which are located in communities. All of the MHs have delinquent taxes going back to 2009, …
Massachusetts’ controversial Chapter 40B provision allows developers to build housing complexes that do not conform to local zoning ordinances if the town does not have ten percent affordable housing in its stock. Belcherton, in west central Mass., has only 6.4 percent affordable housing, and its Board of Selectmen are considering …
Amendment would Change Definition of Affordable Housing Read More
The definition of a dwelling in the Sussex County Code in southern Delaware is, “A building or portion thereof containing cooking and housekeeping facilities, designed or used exclusively for residential occupancy…,” but it excludes hotels, motels, lodges, tourist courts as well as manufactured housing (MH). An editorial in capegazette.villagesoup asks …
Following two years of uncertainty, the U S. Senate confirmed Richard Cordray as director of the Consumer Financial Protection Bureau (CFPB) by a 66-34 vote. While an outstanding lawsuit questions the original recess appointment of Cordray to the post by President Barack Obama, the confirmation solidifies the director’s position as …
Cordray Confirmed to Head Consumer Financial Protection Bureau Read More
The Magnolia, Ark. Planning and Zoning Commission has proposed restricting manufactured homes (MH) to R-3 zoning, thereby keeping it out of R-2 and R-1 zoning. The new measure would require amending zoning laws for most of this whole city, located in southwestern Arkansas, as MHProNews has learned, affecting hundreds of …
City Planners Restricting Manufactured Housing Sites Read More
Following the recommendation made by the Sapulpa Metro Area Planning Commission, the Creek County Commissioners in Sapulpa, Okla. granted a zoning request for manufactured homes to be sited in an area once zoned A-1 agriculture. According to what sapulpaheraldonline tells MHProNews, the change to the RMH-1 status is the most …
The Eutaw (Ala.) City Council in west-central Alabama near the Miss. border has reaffirmed a 2006 ordinance requiring manufactured home owners who want to replace their existing home with a new one to obtain formal approval from the zoning board in advance. Located in west-central Alabama near the Miss. border, MHProNews …
The U.S. Senate is considering rewriting the tax code which could eliminate housing tax incentives and thereby negatively affect all home residential construction businesses as well as home values, taxes, and the economy in general. The mortgage interest deduction and the Low Income Housing Tax Credit could both be at …
National Association of Home Builders Sounds the Alarm Read More
Debate continues in Williamstown, Mass. about the feasibility of retaining a 224 homesite manufactured housing community that sits in a 100-year flood plain for affordable housing. The Board of Selectmen of Williamstown, Mass. has voted to ask the Conservation Commission to remove the site from conservation restrictions, and then inquire …
Manufactured Housing Community to Close, may be Rebuilt Read More
Citizen SAFE (Smoke Alarm and Fire Education) is a proactive program involving firefighters going door-to-door to check residential smoke alarms and batteries, and offer to do a free home safety inspection. The St. John’s Fire and Rescue Dept. conducts the inspections on the first and third Saturdays of each month …
Smoke Alarms Compulsory in South Carolina Manufactured Homes Read More
Title 25 California Code of Regulations, which apply to the construction, use, maintenance and occupancy of manufactured homes will be the topic at the next North Santa Barbara County Manufactured Homeowners Team meeting. City of Santa Maria and Santa Barbara County inspectors will be the speakers for the July 22 …
California Manufactured Housing Code to be Presented Read More
