The National Mortgage News reports the acting head of the Consumer Protection Finance Bureau (CFPB), Raj Date, speaking at the annual Mortgage Bankers Association (MBA) convention, offered to work with the bankers to help resolve the housing crisis. But MBA President David Stevens, noting their responsibility in creating the crisis, …
The Department of Housing and Urban Development (HUD) announces a meeting of the Manufactured Housing Consensus Committee (MHCC) will be held Oct. 18-20, 2011, at the Sheridan Suites Alexandria in Alexandria, Virginia, beginning at 9 AM on the 18th. Citizens wishing to address the committee are encouraged to contact the …
The Manufactured Housing Association for Regulatory Reform (MHARR) reports that manufactured housing production for August 2011 increased six percent over August 2010, the first monthly increase in 12 months. Statistics from the department of Housing and Urban Development (HUD) show that HUD Code manufacturers produced 5,187 homes in August. Cumulative …
MHARR Notes Increased MH Production, Continues Call for Parity Read More
SouthCoastToday reports that the 51 residents of Edgeway Mobile Home Park in Middleboro, Massachusetts may finally get street lights that were supposed to be installed over a decade ago. Only 51 sites 0f the planned 74 are currently occupied because the city revoked the license of the MH community owner, …
MHC has Long-standing Issues Between Owners and Town Board Read More
The Herald in Monterey County, California reports a preliminary hearing concerning rent control for Marina’s five manufactured housing communities was approved by the Marina City Council by a 3-2 vote. First proposed by residents 20 years ago, the Mobile Home Rental Stabilization Ordinance allows the annual rent increase to 80 …
Council Hearing Favors Rent Control in California City Read More
The Manufactured Housing Association for Regulatory Reform (MHARR) reports the “General” Subcommittee of the Manufactured Housing Consensus Committee (MHCC) met by telephone conference Sept. 20 to discuss accessibility proposals that have been dormant for nearly ten years and would impact the cost of production. They were revived Oct. 2010 by …
The Texas Department of Housing and Community Affairs (TDHCA) Manufactured Housing Division (MHD) executive director, Joe A. Garcia, addressed the Texas Manufactured Housing Association (TMHA) annual meeting this morning in Fort Worth. Garcia praised the TMHA for the low incident of complaints from consumers, and the high level of legal …
The Vermilion Standard reports the Vermilion Town Council in east-central Alberta, Canada, has voted to retain the 14 residential lots along 44 Avenue for manufactured housing, instead of changing it to R2 single family residential. The proposal to change the zoning came after several years lack of interest in developing …
Origination News reports the Consumer Financial Protection Bureau (CFPB) is continuing to test the new mortgage disclosure forms, this time with actual consumers in Springfield, MA. The agency wants to make certain that consumers understand the differences between two distinct but competing adjustable rate mortgages (ARMs): One that adjusts every …
The Lebanon Daily News in Lebanon, PA reports the residents of Northcrest Acres manufactured home community have won their lawsuit against community owner Palmyra Homes, Inc., which sought to force them to change the heating system in their homes as part of a new lease agreement. Most of the 200 …
The Rome News Tribune reports from Floyd County in northwestern Georgia that the Floyd County Board of Commissioners will pass an ordinance extending the time manufactured housing may be used in times of declared disaster. Following a disaster in the county, the amendment will permit a person to live in …
County Approving Amendment to Allow MH Following Disaster Read More
Bloomberg reports a Washington, D.C. U.S. Court of Appeals ruling may forestall implementation of some Security and Exchange Commission’s (SEC) Dodd-Frank Act regulations, enacted over a year ago. Business groups had challenged a rule dealing with access to company board positions, and the costs associated with fending off investors’ attempts …
Federal Ruling may Setback back Dodd-Frank implementation Read More
In a notice titled “Pressure Continues for Federal Sprinkler Standard”, the Manufactured Housing Association for Regulatory Reform (MHARR) reports the Manufactured Housing Consensus Committee’s telephone conference July 20 did not result in any voting. Discussion centered on the the federal sprinkler standard which is still before the Technical Structure and …
Bartlesville Radio reports that the City Council in Dewey, OK received a request for a zoning variance to put two modular homes on lots in the city. Two people in this northeastern Oklahoma town, including the petitioner, spoke in favor of the variance, and four opposed it. Council members voiced …
The Union Leader reports Gov. John Lynch of New Hampshire for the second time has vetoed a measure that prevents local government from mandating sprinkler systems in planned one and two family homes as a prerequisite for a permit. The bill would also prevent enforcement of existing regulations that require …
The Independent Mail states the Stephens County commissioners in Toccoa, Georgia, are altering an ordinance to allow pre-owned manufactured homes to be moved into the county, or within the county, based on health and safety, not age or appearance. This change will put the county in line with state regulations. …
HousingWire reports the Consumer Financial Protection Bureau (CFPB) will consult with small businesses the next few months to discuss mortgage disclosure forms and review rules under the Truth-in-Lending Act (TILA) that deal with mortgages. The bureau has 100 employees ready for the July 21 launch of the CFPB. The agency …
MortgageOrb says the U. S. Treasury Department has revised incentive payments to mortgage servicers under the Home Affordable Modification Program (HAMP). The new directive calls for a sliding scale form of payment that will be instituted October 1. The later in delinquency a loan enters the program, the less the …
Yahoo! Finance says unemployed borrowers with Federal Housing Administration (FHA)-backed loans will be able to remain in their homes for up to a year without making a payment and stave off foreclosure. T he goal is to allow people to remain in their homes, and thereby reduce the number of …
Government Trying to Ease Burden of Jobless Homeowners Read More
The South County Independent says the Washington County Superior Court judge in South Kingstown, Rhode Island, has ruled that Wakoma Park is legally a land lease community (LLC), supporting a ruling by the Department of Business Regulation (DBR). The Wakoma Park Homeowners Association has been trying for two years to …
Homeowners in LLC Now Have State Regulatory Protection Read More
