Posts Tagged ‘press release’

Louisville 2014: Manufacturers Space Sold Out

August 22nd, 2013 Comments off

Louisville-show-2014With almost 5 months before the show starts, Dennis Hill with Show Ways Unlimited has told MHProNews that the manufacturers floor space is sold out. This is a good sign of the momentum being built during the last 3 years since the show was canceled in 2010. In 2011 there were some 2 dozens homes on display. In 2013, that number had risen to 39 homes. In 2014, 48 homes are booked, and it took getting more of the Kentucky Expo Center space to accommodate those extra homes. Updates are taking place on the during the next two weeks. You can also see the latest info on the show at this link on the Corporate Press Release news module. ##

(Image Credit: 2014 Louisville Show)

Rent Control Victors Get Subdivision OK’d by city

August 22nd, 2013 Comments off

city-of-capitola-logo-posted-manufactured-housing-professional-daily-business-news-mhpronews-com-The battle over rent control in Capitola, CA’s Sand and Surf manufactured home community is one that MHProNews has tracked for industry readers over the years, in Daily Business News articles like the one linked here. HK&C Law has announced that Capitola has now “quietly” approved the long sought subdivision. Attorneys Mark Alpert and C. William Dahlin said: “The application (for the subdivision) sailed quickly through the City and the Vesting Tentative Tract Map was approved by the City Council…Good result for the Landlords. Great result for the City.” You can see more at the press release, linked here. ##

FHA to Lenders: Pay Hurricane Isaac Claims Now!

September 25th, 2012 Comments off

MHProNews has learned the Federal Housing Administration (FHA) issued a reminder to approved FHA lenders to promptly release hazard insurance funds to disaster victims of Hurricane Isaac, as per loan documents. The Mortgagee Letter says in the past some lenders used hazard insurance proceeds to pay off the mortgage, leaving the homeowners no funds to rebuild homes and lives. FHA’s Acting Commissioner Carol Galante says, “FHA Lenders are always required to follow our guidance and, particularly following a devastating disaster like Hurricane Isaac, it is important that FHA take affirmative steps to ensure that is the case.” The lender must be listed as “Loss Payee,” which protects the lender, but also ensures proceeds are available once rebuilding of the home begins. For the full HUD press release, click here.

(Photo credit: Huffington Post/Getty)

MHC Residents Unite

August 13th, 2012 Comments off

nctimes reports from Escondido in southern California incumbent Olga Diaz and challenger Don Greene have received endorsements for city council from the Coalition of Escondido Mobile/Manufactured Home Voters, which represents the city’s 7,000 MHC residents. Greene lives in a manufactured home and has been a strong advocate for issues that affect MHC residents. In a press release the organization said, “CEMV believes that both Olga and Don will work with the residents of the mobile/manufactured home parks and will allow fair and balanced discussion of issues that affect them and all the residents of Escondido.” MHProNews has learned eight candidates are vying for two city council seats.

(Photo credit: nctimes–l-r, Olga Diaz, Don Greene)

Guidelines Provide Value of MH

March 27th, 2012 3 comments

In a press release, MarketWatch says NADAguides Manufactured Housing CONNECT provides instant valuation of homes from 1963-2012, in a web-based application, with adjustments for geographic location, community and loan valuation guidelines, condition, accessories, and repairs needed. The guide helps lenders, retailers and community owners evaluate MH. The release says NADAguides are an approved cost source by the government GSEs (government sponsored enterprises), and the value report data can be tied to a specific customer, site, loan, or inventory.

(Image credit: moneycontrol)