According to gov.texas that Gov. Greg Abbott has appointed Ronald M. “Ronnie” Richards, long-time vice-president of marketing for manufactured and modular home builder American Homestar Corporation, now retired, to the Texas Manufactured Housing (MH) Board. The board regulates the MH industry in Texas. Currently part-owner of a wedding and reception …
As MHProNews reported Nov. 26, 2015, Drew Industries, Inc.’s Chief Administrative Officer Jamie Schnur sold 1,626 shares of Drew stock at $59.41 per share for a transaction valued at $96,600.66. On Nov. 16, 2015 he sold 1,720 shares of company stock for $100,620.00. He continues to be involved in insider …
“New materials and technology have taken modular housing light years away from the transportable homes of the 1970s, offering a sophisticated product with drastically reduced build times,” says au.news.yahoo. Modular housing has become a more viable alternative in the past decade with the introduction of new lightweight and thermally efficient …
MHProNews has learned from analystratings the CEO and president of Cavco Industries, Inc., Joseph Stegmayer, sold shares of the company for $1.86 million. The stock climbed 48.7 percent after Stegmayer’s last sell transaction on May 21, 2012. As MHProNews reported Oct. 30, 2015 on our daily stock report, Cavco’s stock …
As the deadline nears for the mega spending bills to be passed in Congress that will keep the government running, as MHProNews reported Nov. 26, 2015, the Obama administration has indicated it will push back against any attempt to substantially weaken the 2010 financial overhaul, according to the nytimes. Congressional Republicans …
Obama Administration: Unacceptable to Include Dodd-Frank Amendments in Appropriations Bill Read More
Newborn into the MH Industry is Thomas Brandon Dobbs. “Tommy” was born in Corinth, MS, 8lbs 15 oz., on 11/11/15. Proud parents are Gary and Melanie Dobbs. Gary is in sales at Sunshine Homes, Red Bay, AL, covering Tennessee and Alabama. The happy grandparents are John and Pam Bostick, Lee …
MHProNews has learned from indiancountrytodaymedianetwork that in five counties within the boundaries of American Indian reservations in South Dakota, where the Indian population comprises a large majority of residents, a higher percent of mortgage lending went to white people in 2014. A total of $3.3 million was loaned or invested. …
Manufactured Homes Generate Wampum on Tribal Lands Read More
As in many areas, finding affordable housing in Payson, Arizona is beginning to pose a looming crisis, even more so if the area gets a four-year university that will draw several thousand more residents, according to paysonroundup. Berkshire Hathaway real estate broker Cliff Potts stated housing for middle class workers, …
New Manufactured Homes on Drawing Board in Arizona City Read More
Although HUD Secretary Julian Castro praised the manufactured home industry for making affordable home ownership possible in a recent speech to the Manufactured Housing Institute (MHI), another part of the federal government, the Consumer Financial Protection Bureau (CFPB), restricts lending on manufactured homes valued at $20,000 or less. Some say …
Crucial Vote on MH Lending due in Congress by Dec. 11 Read More
After five years of debate and rewriting of manufactured home standards for communities, the Laramie (Wyoming) City Council is one reading away from passing ordinances pertaining to manufactured home communities (MHC), with a final reading set for Dec. 1. They allow pre-HUD Code homes to be moved within a community, …
New Ordinances for MH Communities One Reading Away Read More
What’s New in public focused Manufactured HomeLivingNews.com HUD Secretary Julian Castro praises Quality, Safe and Affordable Manufactured Homes From Condo to Upscale Manufactured Home Living – John & Joyce Walter, Oshtemo, MI – Inside MH Road Show Vide What’s New in Manufactured Housing Industry Professional News HUD Secretary Castro Lauds …
Sunday Morning Recap-Manufactured Housing Industry News Nov. 15-Nov. 22, 2015 Read More
Rob Ripperda of the Texas Manufactured Housing Association (TMHA) tells MHProNews stats for August 2015 indicate new manufactured home titles rose 4.44 percent over last August, and increased 1.69 percent over July, 2015, with multi-section home sales outpacing single section homes. On the year, multi-section home sales are up 7.18 …
Multi-section Homes Out Perform Single Section in Texas Read More
Updating a story MHProNews posted from Mohave County, Arizona Nov. 16 regarding an ordinance that would restrict manufactured homes (MH) older than seven years from unincorporated areas of the county, the Mohave County supervisors voted to send that section back to planning and zoning, and not enforce it until P&Z …
Following a story MHProNews posted Nov. 13, 2015 regarding a new ordinance in Mojave County, Arizona that restricts siting of manufactured homes (MH) to no older than seven years, kdminer tells MHProNews the County Board of Supervisors will weigh a request from the Manufactured Housing Industry of Arizona to delay …
What’s New in Manufactured Housing Industry Professional News $25k can apply to MH in Ala. and Long Island. Insider trading: Cavco, UMH, Sun, Drew. MH securitizer beats Zacks consensus. Ordinance allows newer homes only. Log cabin builder honored. Former Ginnie Mae head says mortgage reform unlikely. One Fed Head says …
Sunday Morning Recap-Manufactured Housing Industry News Nov. 8-Nov. 15, 2015 Read More
MHProNews has been informed that a collaboration beginning in Dec. 2015 between Champion Home Builders, Inc. and MHVillage will provide the opportunity for visitors to MHVillage to connect with Champion retailers across the country for availability of different models. Additionally, through its extensive network of manufactured home communities (MHC), MHVillage …
Champion Homes and MHVillage Link up to Market Homes Read More
Jamie Schnur, Chief Administrative Officer for Drew Industries, Inc. (NYSE:DW) sold 2,115 shares of company stock on Nov. 5, 2015 for $60.52 per share for a net of $127,999.80, according to insidertradingeport. The transaction was disclosed to the Securities and Exchange Commission on Nov. 9. At present, company insiders own …
MHProNews has learned from dakotafinancialnews that Zacks has upgraded Dynex Capital (NYSE:DX) from a hold rating to a buy rating, with a $7.50 target price on the stock. One of the company’s current production operations is the origination of loans secured by manufactured homes (MH). Dynex also originates mortgage loans …
Manufactured Home Loan Securitizer Beats Zacks EPS Read More
What’s New in public focused Manufactured HomeLivingNews.com From Condo to Upscale Manufactured Home Living – John & Joyce Walter, Oshtemo, MI – Inside MH Road Show Vide Olga Pecanac, Olga’s Place Pizza & Euro Restaurant, Westville, IN – U.S. Destination – Pure Fun! Reinventing HUD’s role in Quality Affordable Housing, …
Sunday Morning Recap-Manufactured Housing Industry News Nov. 1-Nov. 8, 2015 Read More
MHProNews has learned from PRWeb that Fremont, Ohio-based Style Crest has recently developed a new line of Revolv® HVAC products specifically aimed at the manufactured home (MH) market, a market it has been serving for over 40 years. The new product, in addition to meeting all federal standards, features new …
Collaboration leads to New HVAC System for Manufactured Homes Read More
