Archive

Posts Tagged ‘advocacy groups’

Rights of Manufactured Home Community Residents to be the Topic

June 12th, 2015 Comments off

mfg home  sfgate credit  san farn chronicleThe rights of residents of manufactured home communities (MHCs) will be the topic at a meeting in McKinleyville, California on Sat., June 13 sponsored by two advocacy groups, the Humboldt Mobilehome Owners Coalition and the Golden State Manufactured Homeowners League.

Mary Ella Anderson with the Humboldt group says site rents have increased $57 a month in the last three years, and many of the residents are on fixed incomes, according to times-standard. Golden State is an advocacy group for MHC residents, often opposing rent hikes and redevelopment of communities. The seminar will be held at Ocean West Senior Village in this city on northern California’s Pacific coast.

MHProNews understands Anderson when she says, “There’s a kind of revolution going on with people seeing mobile home parks as good investments.” ##

(Photo credit: sanfranchronicle–manufactured home)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

CFPB: Caught in the Middle

October 17th, 2012 Comments off

While the Mortgage Bankers Association (MBA) asserts the Consumer Financial Protection Bureau (CFPB) goes beyond Dodd-Frank in its proposed mortgage servicing guidelines by creating compliance barriers, it also calls the proposed exemption for smaller servicers too narrow. HousingWire tells MHPronews consumer groups say the servicing standards do not protect distressed homeowners enough. Three California Reinvestment Coalition, as well as the Housing and Economic Rights Advocates and Law Foundation of Silicon Valley wanted the law amended to prevent dual tracking, wherein a lender is putting together a loss mitigation solution and a foreclosure simultaneously. The California State Legislature passed the Homeowner Bill of Rights this year, which ends “dual track” and gives homeowners a fighting chance at getting a modification before the bank pursues foreclosure,” the advocacy groups said. For more of MBA’s words about the mortgage servicing guidelines, click here.

(Image credits: BloombergBusinessWeek and CFPB)