manufactured homes

Sunday Morning Recap-Manufactured Housing Industry News Aug. 16-Aug. 23, 2015

By / August 22, 2015 / Advocacy, Business, Communities, Company News, Economy, Factory-Built Homes, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, Modular, People, regulation, RV, Stocks, Trends

What’s New in public focused Manufactured HomeLivingNews.com Stan Dye talks Manufactured Home Lending and MH Site Preparation Do-It-Yourself Heat Tape Video! Prevent Winter Freeze Ups for Manufactured Homes and Houses over Crawl Spaces What’s New in Manufactured Housing Industry Professional News PBS Story on MH Finance Due. Sun, UMH, Adding …

Sunday Morning Recap-Manufactured Housing Industry News Aug. 16-Aug. 23, 2015 Read More

New Owners of Land Lease Community Bring Applause from Residents

By / February 22, 2016 / Business, Communities, Legal, Manufactured and Modular Housing News, Manufactured Homes

The owners of the Hillcrest Estates manufactured home community in Portsmouth, NH received unanimous approval from the Portsmouth Planning Board for conditional use permits to upgrade the community, much to the delight of some 50 residents who stood and applauded the vote, reports seacoastonline. First developed in the 1960s, attorney …

New Owners of Land Lease Community Bring Applause from Residents Read More

CA City to Allow Manufactured Homes Among Conventional Housing

By / August 21, 2015 / Legal, Manufactured and Modular Housing News, Manufactured Homes, regulation

The City Council of Sanger, California is holding a public hearing to consider amending the municipal code to allow manufactured homes on property zoned for conventional single-family residences. The change would bring the code up to date with state law, according to thesangerherald. In a related public hearing, city council …

CA City to Allow Manufactured Homes Among Conventional Housing Read More

Dr. Gooch of Manufactured Housing Institute calls for Dodd-Frank Adjustment

By / August 19, 2015 / Advocacy, Economy, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes

Writing in rollcall, Manufactured Housing Institute’s (MHI) Senior Vice President for Government Affairs Dr. Lesli Gooch says while different Congressional committees are evaluating the five-year-old Dodd-Frank Act, people in many rural communities are being harmed rather than protected. She writes, “The Dodd-Frank Act is preventing everyday Americans from accessing the …

Dr. Gooch of Manufactured Housing Institute calls for Dodd-Frank Adjustment Read More

Insider Trading Noted at UMH Properties, Inc.

By / August 18, 2015 / Business, Communities, Company News, Manufactured and Modular Housing News, Manufactured Homes, People

MHProNews has learned from insidertradingreport  Eugene W. Landy, Chairman of the Board of UMH Properties, Inc. (NYSE:UMH) purchased 5,479 shares of company stock on Aug. 17. 2015, according to a filing with the Securities and Exchange Commission. The shares were acquired at $9.12 each for a net value of $50,000. …

Insider Trading Noted at UMH Properties, Inc. Read More

Datacomp Announces new Valuation Tool to Comply with Higher-Priced Mortgage Loans

By / August 17, 2015 / Business, Company News, Finance, home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes

Datacomp, a provider of manufactured home (MH) appraisals and MH industry market data since 1987, has informed MHProNews of its new manufactured home valuation service that enables compliance with the rules for Higher-Priced Mortgage Loans (HPML) that now cover most financed manufactured home transactions. Datacomp MSRV (Market-Suggested Retail Value) can …

Datacomp Announces new Valuation Tool to Comply with Higher-Priced Mortgage Loans Read More

Council Strengthens Language Regarding Relocating Residents

By / August 13, 2015 / Business, Canada, Communities, Legal, Manufactured and Modular Housing News, Manufactured Homes

While manufactured home community (MHC) owners in Langley Township, British Columbia, Canada cannot be compelled to pay relocation costs to displaced residents when redeveloping their communities, municipalities can negotiate relocation costs with the owner when application is made for rezoning, according to langleytimes. The Seniors Advisory Committee had asked the …

Council Strengthens Language Regarding Relocating Residents Read More

Manufactured Home Community Founder Supports Non-profit in New Jersey

By / August 12, 2015 / Business, Communities, Company News, Manufactured and Modular Housing News, Manufactured Homes, People

MHProNews has learned from sboanj that Eugene Landy and his wife will serve as Grand Marshals for the Fourth Annual Open Space Pace on Saturday, September 19, 2015, an event of the Standardbred Breeders & Owners Association of New Jersey (sboanj). Festivities begin with a parade of horses from Freehold …

Manufactured Home Community Founder Supports Non-profit in New Jersey Read More

Citizens Paring Down Policies of Manufactured Home Owners

By / August 12, 2015 / Company News, Manufactured and Modular Housing News, Manufactured Homes

Updating a story MHProNews last posted April 26, 2013 regarding Florida’s state-run insurer of manufactured homes, Citizens Property Insurance Co., and its reduction of coverage on MH, orlandosentinel reports seven private insurers have been approved to pick up half of Citizens’ remaining policies, amounting to 280,857 policies, according to the …

Citizens Paring Down Policies of Manufactured Home Owners Read More

Fleetwood Poised to take Advantage of Opportunities Down Under

By / August 12, 2015 / Business, Communities, Company News, Factory-Built Homes, home buyers, Manufactured and Modular Housing News, Manufactured Homes, Modular, RV

Fleetwood Corporation Ltd. (ASX:FWD) of Australia produces manufactured and modular homes and buildings for residential, educational and commercial applications, and has a recreational vehicle division as well, according to dailyreckoning.au. Although the report at the end of 2014 showed revenue had fallen 18 percent due to a weakness in the …

Fleetwood Poised to take Advantage of Opportunities Down Under Read More

Drew goes Fishing, Finds Furniture for Fresh Water Float

By / August 10, 2015 / Business, Company News, Manufactured and Modular Housing News, Manufactured Homes, RV

Elkhart, Indiana-based Drew Industries, Inc. (NYSE:DW) reports its wholly-owned subsidiary, Lippert Components, Inc. (LCI®) has acquired Roehm Marine, LLC, aka Signature Seating for $16 million. Headquartered in Fort Wayne, Indiana, Signature manufactures furniture for use in fresh water boats, specifically pontoon boats, as prnewswire informs MHProNews. Drew’s President Scott Mereness …

Drew goes Fishing, Finds Furniture for Fresh Water Float Read More

Passages: Norman Schweiss

By / August 10, 2015 / Manufactured and Modular Housing News, Manufactured Homes, mobile home, People

Norman Schweiss, 87, founder of Norm’s Mobile Home Sales, passed away in Eau Claire, Wisconsin. In 1953, at 25 years of age, Norm started his business, which eventually grew into seven locations throughout Wisconsin and Illinois, and in the 1970s, he expanded into developing and managing land lease communities, according …

Passages: Norman Schweiss Read More

Sunday Morning Recap-Manufactured Housing Industry News Aug. 2-Aug. 9, 2015

By / August 8, 2015 / Awards, Business, Communities, Company News, Factory-Built Homes, Finance, home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes, Modular, People, regulation, Trends, Zoning

What’s New in public focused Manufactured HomeLivingNews.com Paul Simon, Singing Homeward Bound, Doing Good Work and MH The Hybrid Core – A Different Style Factory Home-Building Process What’s New in Manufactured Housing Industry Professional News HUD Code Production Continues Rising. RV/MH Hall of Fame Inducts Class of 2015. Positive End …

Sunday Morning Recap-Manufactured Housing Industry News Aug. 2-Aug. 9, 2015 Read More

Program in Second Year to Replace and/or Repair Manufactured Homes

By / August 7, 2015 / Communities, Factory-Built Homes, Manufactured and Modular Housing News, Manufactured Homes, mobile home

A $660,800 grant from the New York State Division of Homes & Community Renewal (NYSHCR) will be used to replace dilapidated owner-occupied pre-HUD Code homes with energy-efficient manufactured homes in Otsego County, as reports thedailystar. Karen Sullivan, Otsego County Planning & Solid Waste Director, says over the next two years …

Program in Second Year to Replace and/or Repair Manufactured Homes Read More

Former Head of Manufactured Housing at HUD Urges Passage of S. 682

By / August 7, 2015 / Business, Economy, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, People

William Matchneer, who once served as head of the Manufactured Housing Program at the Department of Housing and Urban Development (HUD), and from 2011 to 2014 with the Consumer Financial Protection Bureau (CFPB), recounts how implementation of the Dodd-Frank Act directives for High-Cost Mortgages under the Home Ownership and Equity …

Former Head of Manufactured Housing at HUD Urges Passage of S. 682 Read More

Zoning Change Could Usher in Possible Manufactured Homes

By / August 6, 2015 / Business, Legal, Manufactured and Modular Housing News, Manufactured Homes

A proposed zoning change by the North Myrtle Beach Planning Commission to a .61 acre parcel of land in South Carolina to correct an original error in a zoning map has raised concerns by neighbors that a manufactured home may be sited on part of it. Part of the parcel …

Zoning Change Could Usher in Possible Manufactured Homes Read More

Cavco Industries Reports Financials for First Fiscal Quarter of 2016

By / August 6, 2015 / Business, Company News, Factory-Built Homes, home buyers, Manufactured and Modular Housing News, Manufactured Homes, Modular

In its report of first quarter 2016 financial results, Cavco Industries, Inc. (NASDAQ:CVCO) says net income per share, based on basic and diluted weighted average shares outstanding, was $0.61 and $0.60 respectively, as compared to $0.65 and $0.64 for the same quarter 2014. According to cnnmoney, net revenue for Q1 …

Cavco Industries Reports Financials for First Fiscal Quarter of 2016 Read More

More Insider Trading at Patrick Industries

By / August 5, 2015 / Business, Company News, Finance, Legal, Manufactured and Modular Housing News, Manufactured Homes, RV

A Securities and Exchange Commission (SEC) filing dated August 4, 2015, reveals M. Scott Welch, a director of Patrick Industries, Inc. (NASDAQ:PATK) purchased 10,000 shares of company stock at $36.00 per share for a total of $360,000 on Aug. 3. While Patrick has lost 2.57 percent during the last week …

More Insider Trading at Patrick Industries Read More

HUD Code Production Continues Rising

By / August 5, 2015 / Business, home buyers, Manufactured and Modular Housing News, Manufactured Homes, Trends

The Manufactured housing Association for Regulatory Reform (MHARR) informs MHProNews that statistics released by the Department of Housing and Urban Development (HUD) indicate production of HUD Code homes for June, 2015 rose 7.8 percent above June, 2014 production to 6,062 homes over last year’s 5,624 homes. On the year, HUD …

HUD Code Production Continues Rising Read More

Manufactured Home Builder Oakwood Sells former HQ

By / August 4, 2015 / Business, Company News, Factory-Built Homes, home buyers, Manufactured and Modular Housing News, Manufactured Homes, Modular

MHProNews has learned from bizjournals the former Oakwood Homes corporate headquarters in Greensboro, North Carolina has been sold to Stanley Benefits Services for $8.1 million, which will occupy 30,000 square feet of the 130,000 square-foot building. Oakwood, a builder of manufactured and modular homes with locations around North Carolina, vacated …

Manufactured Home Builder Oakwood Sells former HQ Read More

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