regulation

Commissioners Give Sprinklers a Wet Blanket Welcome

The CumberlandTimesNews in Cumberland, Maryland says Allegany County Commissioners will consider a proposed change in the county’s sprinkler law that will delay the stricter regulations until the state adoption of the International Residential Code (IRC) takes effect in 2015. Currently, all multi-family dwellings are required to have sprinklers, but the …

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Anti-money Laundering: MHI’s Templates can Benefit non-bank Lenders

MHProNews has learned from the Manufactured Housing Institute, the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN), which is charged with coordinating anti-money laundering rules covering over 100,000 financial institutions and businesses that may be utilized to support criminal enterprises, has instituted a new Anti-Money Laundering Program (AML) for …

Anti-money Laundering: MHI’s Templates can Benefit non-bank Lenders Read More

Opposition to Australian MH Development Grows

As follow-up to a story we published yesterday, July 25, concerning the development of 251 manufactured homes in Halekulani, near the southeast coast of Australia, express-advocate-wyong reports opposition is increasing as nearby residents rallied outside the site Wednesday. As owners of the property, the Darkinjung Aboriginal Land Council wants to …

Opposition to Australian MH Development Grows Read More

Smaller Lenders may be Exempt from Regulations

MHProNews has learned from NationalMortgageNews the Consumer Financial Protection Bureau (CFPB) seeks input from small banks and credit unions to set up special advisory boards, noting director Richard Cordray said small institutions can be exempt from certain regulatory requirements, but only on a case-by-case basis. Appearing before a House subcommittee …

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FSOC Regulators Losing Sight of Purpose

MHProNews has learned at a hearing on the Financial Services Oversight Council (FSOC), the “super committee” of regulators established as part of the Dodd-Frank Act to provide comprehensive monitoring of our nation’s financial system, House Financial Services Committee Chairman Spencer Bachus (R-AL) said there is little evidence the FSOC has …

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MHARR to HUD: Respond to Affordable Housing Need, not Regulators

The Manufactured Housing Association for Regulatory Reform (MHARR), in its continuing attempts for the Department of Housing and Urban Development (HUD) to fully and properly implement the Manufactured Housing Improvement Act of 2000 which especially impacts the industry’s smaller businesses, sent a letter July 19, 2012 to HUD Assistant Secretary …

MHARR to HUD: Respond to Affordable Housing Need, not Regulators Read More

MH Developer Persists, Again

Following up on a series of articles first published a year ago and last reported July 12, 2012, voicesnews says Garden Homes Management Corp. has resubmitted plans for 121 manufactured homes on 40.79 acres to the Oxford (Connecticut) Conservation Commission, Inland Wetlands Agency (CCIWA). Garden Homes has been denied approval …

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HUD Pays, MHCC Back in Business

An informed source tell MHProNews that HUD has paid Administering Organization (AO) services provided by the National Fire Protection Association (NFPA). The source indicates that HUD plans to have phone and face to face meetings with MHCC (Manufactured Housing Consensus Committee) members before the end of the year. (Image credit: …

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Regulation would Standardize Loan Originator Training

According to OriginationNews, the Consumer Financial Protection Bureau (CFPB) wants to standardize training so all loan originators meet the same requirements for fitness, character, and financial responsibility. The new standards would erase some of the differences between bank loan originators and state-licensed LOs created by Congress’ passage of the SAFE …

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Proposed Changes in MH Regulations in Oregon

MailTribune from southern Oregon tells MHProNews students from Southern Oregon University are proposing an overhaul to the city government’s 20 year-old manufacturing housing code to allow MH to be erected with less restrictions which could also add to the affordable housing stock in Ashland, OR. As presented to the Ashland …

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State Senator: Establish Interstate Regulations for MH Industry

MHProNews has learned from the Alabaster Reporter in Alabaster, Alabama, just south of Birmingham, AL State Sen. Cam Ward wants to pass legislation establishing uniform regulations dealing with the manufactured housing industry. Presiding over the Uniform Law Conference, Ward says manufactured housing is produced in one state and often transported …

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CO Detectors Required in Manufactured Housing

MHProNews has learned that of a new state regulation requiring approved carbon monoxide detectors to be installed in all new and existing manufactured homes and multi-family manufactured homes effective July 1, 2012, whether occupied or sitting in inventory on a dealer’s lot. According to the law firm of Hart, King …

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MH Developer Persists

Following a story we last published Sept. 19,2001 concerning the five year battle over a proposed development of two MHCs in Oxford, Connecticut, Garden Homes Management has resubmitted plans for the property, this time proposing 126 manufactured homes, reports the oxford-ctpatch. Opposition has come from the neighborhood and the Oxford …

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MHI Testifies at Dodd-Frank Hearing

Speaking for the Manufactured Housing Institute (MHI) at a hearing on the impact of Dodd-Frank mortgage requirements before the House Financial Services subcommittee on Financial Institutions and Consumer Credit Wed. July 11, Tom Hodges, General Counsel for Clayton Homes, suggested Congress create a secondary market for manufactured home buyers so …

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Loan Originator: Comp. is Wrongheaded

Writing in OriginationNews, Paul Muolo expresses the mortgage industry’s contempt for the Consumer Financial Protection Bureau’s (CFPB) loan officer compensation proposal, particularly the ‘flat fee’ payments. Some industry officials, thinking the agency is more intent on meeting the deadline of early 2013 than making sure the rule is equitable, are …

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FHA Loan Restrictions Eased

According to the Arizona Daily Star, the tough new Federal Housing Authority (FHA) loan restrictions that could have negatively affected one third of mortgage applications have been lifted to be replaced with a more lenient policy. Scheduled to have taken effect July 1, 1012, the original plan would have required …

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Monthly Fees Increased for MHC Residents

NJ reports from Pennsville, New Jersey township officials have unanimously voted to increase fess on manufactured homes in MHCs from $24 to $28 a month, collected by the MHC owner and then forwarded to the township. There are approximately 200 homes in the White Oaks and Southbridge communities in this …

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Responsibility for MHC Resident Complaints Varies

The WausauDailyHerald reports from Wisconsin complaints from MHC residents may be handled by a state agency or by a local or county body depending upon the number of people who have complained and the severity of the complaint. The Dept. of Safety and Professional Services handles some complaints, and sometimes …

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Making FEMA Homes Suitable for ADA

Lois Starkey, Vice President of Regulatory Affairs at the Manufactured Housing Institute (MHI), says the Architectural and Transportation Barriers Compliance Board (Access Board) is proposing to amend the Americans with Disabilities Act (ADA) and the Architectural Barriers Act (ABA) to ensure that temporary housing, following a catastrophe, whether provided by …

Making FEMA Homes Suitable for ADA Read More

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