Posts Tagged ‘oct 31’

Residents Protest Closing of Community

August 1st, 2013 Comments off

Following a story MHProNews covered yesterday (July 31) concerning the closing of Dallas West Mobile Home/RV community and subsequent protests led by Carlos Quintanilla, some 30 residents marched up and down the street at owner Cienda Partners offices with signs and slogans Wed. Cienda has offered each of the 42 homeowners up to $2,000 if they move by Oct. 31, and $1,000 if by Nov. 30, and nothing after that, offers Quintanilla calls insulting, and one the protesters have refused, because it would cost much more to move the factory-built homes, if indeed they can be moved. Speaking on behalf of the community owner, and noting the demonstration did not change the offer, Randall White says, “Our focus right now is helping those property and leaseholders who want to take advantage of this offer that’s being made right now. We had discussions about how we could do this in a way that demonstrates that we are going above and beyond what we are required to do.” The dallasmorningnews says Cienda had extended the closing of the community from Aug. 31 to Jan. 31, well beyond the 30 days required in the leases with the residents.

(Photo credit: dallasnews)

New Guidelines for Nominations to the RV/MH Hall of Fame

January 31st, 2013 Comments off

In order to streamline nominations to the RV/MH Hall of Fame in Elkhart, Ind., the RV/MH Heritage Foundation has developed new guidelines: The nominee(s) must have been actively involved in the MH or RV industry for at least 25 years, and have a good, honorable, respectful reputation in support of the industry. He or she must also have experience in volunteer activities inside and outside the industry. Special emphasis is given to those who have furthered the cause of state and national associations as well as owners’ groups, and the RV/MH Hall of Fame itself. Nominations must be received by Oct. 31 for the following year’s class and be accompanied by three supporting letters. As MHProNews has learned, selections will be made in Jan. for the annual induction dinner in August.

(Photo credit: RV/MH Hall of Fame and Museum)

Delinquencies Drop

November 27th, 2012 Comments off

NationalMortgageNews reports residential delinquencies unexpectedly fell almost five percent in Oct. after spiking eight percent in Sept., according to Lender Processing Services (LPS). While the national delinquency rate at the end of Oct. hit 7.03 percent, delinquencies have fallen over seven percent since Oct. 2011. LPS says when late payments rise, it usually continues into the following month, but that did not happen this year. Although not in foreclosure, 3.5 million properties are 30 or more days late, and an additional 1.5 million are 90 days delinquent. As of Oct. 31, 1.8 million are in the foreclosure pipeline. As MHProNews has learned, states with the fewest delinquencies are Montana, North and South Dakota, Wyoming and Alaska. Those with the most include Florida, New Jersey, Mississippi, New York, and Nevada.

(Image credit: foreclosuresupport)

Drew Resets Earnings Report

October 31st, 2012 Comments off

FinanzNachrichten reports Drew Industries, Inc. (NYSE:DW) has rescheduled its third quarter, 2012 earnings report due to the severity of Hurricane Sandy’s effect on the eastern seaboard. The component maker for the MH and RV industries through its wholly-owned subsidiaries Lippert Components, Inc., and Kinro, Inc., will deliver Q3 financials before the market opens Thurs., Nov. 1, with a conference call and webcast to follow the same day at 1 PM eastern time. Fred Zinn, President and CEO of Drew said, “We have made this decision in view of the exceptional circumstances created by Hurricane Sandy along the eastern seaboard. At this time our primary focus must be the safety of our employees along the path of the storm.” As MHProNews reported Oct. 17, 2012, Drew was originally set to present the Q3 numbers Oct. 31, 2012. To hear the webcast, go to Drew operates 31 factories across the U.S.

(Photo credit: Kinro, Inc., subsidiary of Drew Ind.)

Sandy Closes NYSE Again

October 30th, 2012 Comments off

The New York Stock Exchange remained closed for a second straight day due to the flood waters of Hurricane Sandy, but will open Wed., Oct 31. Manufactured housing professionals in the storm path may want to consider the tips shared previously by MH loss mitigation expert, Kurt Kelly, at this link.

(Photo credit: Andrew Burton/Getty Images)

Killam Declares Dividend

October 19th, 2012 Comments off

CanadaNewswire tells MHProNews Halifax, Nova Scotia-based Killam Properties, Inc. (TSX:KMP) announces the board of directors has declared a monthly dividend of $0.04833 per share will be paid to shareholders of record Oct. 31, 2012 on Nov. 15, 2012. This is the same monthly dividend amount that was paid Oct. 15. Killam offers shareholders the opportunity to re-invest their dividends through the Dividend Reinvestment Program (DRIP). As one of the largest MHC operators in Canada, the company owns over 50 manufactured home communities comprised of 7,409 home sites.

(Photo credit: Killam Properties, Inc.)

Drew to Report Financials

October 17th, 2012 Comments off

RVBusiness says White Plains, NT-based Drew Industries, parent company of MH and RV suppliers Lippert Components, Inc. and Kinro, Inc. will release its third quarter 2012 corporate financial report prior to the market opening Oct. 31. A conference call will follow that same day at 11 AM eastern time, although question-and-answer participation will be limited to institutional investors and analysts. A live webcast will be available to all others interested. As MHProNews reported Oct. 3, Drew Chairman Leigh J. Abrams and other board members and officers rang the closing bell at the New York Stock Exchange Oct. 5, 2012 in honor of Drew’s 50th anniversary as a       publicly traded company.

(Image credit: Lippert Components, Inc., and Kinro Inc.)