According to the kilgorenewsherald, the city council in the northeast Texas town of New London granted permission to a new resident to install a manufactured home on a half-acre of land. The owner agreed to follow city ordinances regarding porches and skirting. Also, the owner of a multi-section manufactured home …
MHProNews has learned from beachcarolina the Onslow County Manufactured Home Demolition Assistance Program (MHDAP) offers financial assistance in the demolition of abandoned manufactured homes. Funded by a combination of Onslow County and applicant contributions in cases where a home needs to be removed because it poses a public health hazard, …
The American Banker informs MHProNews the Federal Housing Administration (FHA) is issuing its own QM rule because the Consumer Financial Protection Bureau (CFPB)’s may conflict with the FHA’s Single-Family Program. HUD spokesman Brian Sullivan states FHA has the authority under Dodd-Frank to create its own ability-to-repay rule, and will be …
According to Anthony Randazzo, director of economic research at Reason Foundation, the federal government’s continued belief that everyone should own a home is what created the housing bubble in the first place, and it could happen again. Writing in the Orange County Register, he says with Fannie Mae and Freddie …
Eliminating GSEs could Still Leave Taxpayers Exposed to Risk Read More
In the 77th Oregon Legislative Assembly, the Senate is considering a measure that would punish unscrupulous “manufactured structure” dealers by revoking their license for up to five years, which includes all factory-built residential and commercial buildings. It would put the industry on the same legal footing as building contractors. As …
The marshfieldnewsherald informs MHProNews a woman at the 37-site Birch Tree Estates MHC in Plover, Wis. brought domesticated rats home from pet stores, and over time they bred with wild rats and soon the rodents numbered in the hundreds. The woman has been evicted, and motion sensors in the house …
Updating a story we ran Feb. 18, 2013 concerning Ridgefield Modular Home Corp.’s application to build a modular housing complex comprised of six units in two buildings in Ridgefield, Conn., according to ridgefieldpatch the Inland Wetlands Board (IWB) intends to deny the application based on insufficient information about drainage and …
The Manufactured Housing Institute (MHI) informs MHProNews Sen. Jerry Moran (R-Kan.) introduced legislation to replace the Consumer Financial Protection Bureau (CFPB) director with a five-member commission, and make it accountable to the same appropriations as most other federal agencies. House Financial Services Committee Chairman Jen Hensarling (R-TX) indicated that the …
American Banker informs MHProNews eight additional state attorneys general have requested to join a lawsuit originally filed by a Texas community bank and two conservative organizations challenging the constitutionality of the Dodd-Frank Act and the Consumer Financial Protection Bureau (CFPB). The suit focuses on the Orderly Liquidation Authority in Title …
As follow-up to a story we posted Jan, 28, 2013 concerning an eleven-unit modular multi-housing project in Ridgefield, Conn., theridgefieldpress informs MHProNews the encroachment on existing wetlands may spell doom for the planned development. After neighbors raised objections to the project at subsequent public hearings, Ridgefield Modular Home Corp.’s application …
Following up on a story MHProNews posted Jan. 22, 2013 in which the Magnolia (Ark.) Planning Commission placed a temporary moratorium on the siting of MH in the town, the commission has scheduled a meeting to continue discussion for Monday, Feb. 18 in the City Council Chambers. A survey of …
The Ledger tells MHProNews residents of MHCs around Fla. are organizing to pressure the Florida Legislature into enacting legislation that would link rent hikes to the Consumer Price Index (CPI) in their communities when a home changes hands. Ed Green says the current system is a deterrent to people interested …
Fla. MHC Residents Organizing to Change Rent Hikes Read More
Joe Kelly of the Iowa Manufactured Housing Association (IMHA) tells MHProNews state Senate Study Bill 1076 that tightens regulations on the MH business is opposed by the IMHA board of directors and the industry as a whole. Proposed by state Attorney General Tom Miller, the proposed legislation deals with the …
MHProNews has learned from nationalmortgagenews Idaho Republican Senator Michael Crapo, who is becoming the ranking member of the Senate Banking Committee, enumerates his top priorities in his new position as revising portions of the Dodd-Frank Act; paring down GSEs role in the mortgage industry and moving to a private sector …
According to nationalmortgagenews, newly elected Representative John Delaney (D-MD) will take his seat on the House Financial Services Committee with an eye on reforming the nation’s housing finance system and reducing government intervention. With a background including establishment of a healthcare finance company and organizer of BancAlliance, a community loan …
Freshman Congressman (and Banker) Sets Sights on Housing Read More
The MHI says the U. S. Court of Appeals for the District of Columbia district ruled the Obama administration did not have the authority to fill three recess appointments to the National Labor Relations Board (NLRB) Jan. 4, 2012. That was the same day President Obama made a recess appointment …
As follow-up to a story MHProNews last published Dec. 7, 2012, centredaily reports from College Township, Penn., since residents at the Hilltop Mobile Home Park received notices the community will close this Feb., city officials are considering whether to adopt an ordinance requiring developers to include a percentage of affordable …
The AlvinSun reports the Alvin,Texas City Council heard representatives from 23 manufactured home communities request extensions of the five-year manufactured home ordinance variance that ended Dec. 31, 2012, with requirements they have not yet met. Because of not meeting the five year ordinance deadline to begin with, most of the …
Following up on a story MHProNews published Nov. 19, 2012 concerning the city of Fort Collins, Colo. and its responsibility to help MH residents displaced by development, the city has drafted a report to preserve affordable housing, and addresses the role of the city and property owners in assisting low …
Adding onto an MHProNews story from Jan. 21 about the Consumer Financial Protection Bureau’s (CFPB) new mortgage servicing rules, the Texas Manufactured Housing Association (TMHA) offers a detailed summary from the American Banker’s Association (ABA). CFPB director Richard Cordray says, “We will exercise our supervision and enforcement authority to make …
