Posts Tagged ‘federal hosuing finance agency’

Sunday Morning Recap-Manufactured Housing Industry News Jan. 3 -Jan. 10, 2016

January 10th, 2016 Comments off

mhpronews_sunday_morningWhat’s New in public focused Manufactured

What PBS NewsHour Missed About Manufactured Home Living

Nicole Barker compares her Modular Home with conventional construction

What’s New in Manufactured Housing Industry Professional News

FHFA may securitize chattel loans. PBS NewsHOur critical of MH industry, as HUD Code production gains sharply in Nov. RV/MH Hall announces inductees. CFPB seeks feedback on mortgage disclosure act. Start of year worst ever for Dow Jones. Modular homes for homeless in Ireland dealt another setback. FEMA manufactured homes readied in Calif wildfire region. Marcus & Millichap arrange two MHC sales. GAO evaluates Dodd-Frank. Domestic modular home industry may lose to imports, as modular development is approved in NC. And much, much more in MH industry news and views for you to pursue.

Saturday, Jan. 9, 2016

FHFA “May” Open the GSE Door to Purchase MH Chattel Loans

Friday, Jan. 8

RV/MH 2016 Hall of Fame Inductees Announced

Dow Continues its Fall; Most MH-related Stocks Follow Suit

Marcus & Millichap Arrange sale of Fla. Manufactured Home Community

Controversy Escalates over Modular Homes in Cape Coral

CFPB Seeks Feedback on the Home Mortgage Disclosure Act

Former MHC Titan’s Tony Condo Yields $4.25M

Thursday, Jan. 7

Marcus& Millichap Notches another MHC Sale

Dow Starts the New Year down 900 points; Most MH-related Stocks Fall, Two Rise

Clayton Teams with Electrolux

21 FEMA MH Near Ready for Occupants in N. Calif.

Foreclosures Waning Steadily in Colorado and Ohio

Wednesday, Jan. 6

Completion of Modular Homes in Ballymun Set for mid-January

Dow Stumbles, Skyline Flies High, AMG Drops

Capital One Provides Loan for Purchase of Calif. Manufactured Home Community

Subdivision Approved for Modular Development in North Carolina

New Home Sales Rise Sharply from Last Year

Tuesday, Jan. 5

Modular Home Development has Begun in the UK

Real Estate Losses in Western North Dakota Start to Mount

Skyline, Sun, UMH all Rise; Patrick Falls

Government Accountability Office Evaluates Dodd-Frank Act Effects

Loan Application Defect Index Falling

In Depth Overview of HUD Code Production for November

Monday, Jan. 4

Mortgage Application Approvals and Home Values Rise

No Covered MH-related Stock Gains as the Dow Hits the Skids

U. S. Modular Home Builders need to Sharpen their Saws

HUD Code Production Spikes in November

More Patrick Stock Sold by Gendell

Really? “Bad bargain? Manufactured homeowners feel the financial strain, PBS NewsHour” MHProNews Flash Report and Analysis

Sunday Morning Recap-Manufactured Housing Industry News Dec. 27, 2015-Jan. 3, 2016 ##

(Photo credit: MHProNews)

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

Sales of Previously Owned Homes, Purchase Applications on the Rise

April 24th, 2015 Comments off

sold home  mattheafeyAs the National Association of Realtors (NAR) informs MHProNews, purchases of previously owned homes rose 6.1 percent to a seasonally-adjusted annual rate of 5.19 million, the most in four years, and to the highest level since Sept. 2013. Houses sold on average after 52 days on the market, the quickest since July.

Regionally, purchases rose in all four regions, led by a 10.1 percent increase in the Midwest. In the Northeast the gain was 6.9 percent. Purchases increased by 6.3 percent in the West and 3.8 percent in the South.

It’s consistent with a bit of a spring rebound,” said Gennadiy Goldberg, a strategist at TD Securities LLC in New York “You’ve had more job growth over the last year or so. A lot of those people who did find employment would be driving some demand for housing.” She had predicted a sales rate of 5.2 million.

The median price of an existing home jumped 7.8 percent from a year ago to $212,100, the most since Feb. 2014. Data from the Federal Housing Finance Agency (FHFA) indicates the purchase price of a home was 5.4 percent higher in Feb. than one year ago Feb.

While the share of first-time buyers rose slightly, the number of less expensive properties on the market remained low. The Mortgage Bankers Association (MBA) reports the index of purchase applications last week rose to its highest level since June 2013. ##

(Photo credit: mattheafey)

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