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Posts Tagged ‘Texas Manufactured Housing Association’

Measures before the Texas Legislature

February 15th, 2013 Comments off

MHProNews has learned from the Texas Manufactured Housing Association (TMHA) of the four measures in the hopper of the Texas Legislature that could affect the factory-built housing industry. HB 578 would establish state regulatory authority over modular housing, a bill TMHA supports because of the losses modular producers have suffered over the years. HB 944 would allow an exemption from license requirements for selling a limited number of manufactured homes. Since current law requires an MHC owner to obtain a retail license if he/she sells just one MH in 12 months, HB 610 would provide a limited exclusion to this requirement if manufactured homes were sold in conjunction with the sale of a manufactured home community. In response to a fraudulent MH dealer whose customers may be eligible for compensation from the manufactured homeowner’s Recovery Trust fund, SB 499 would allow either a jury or bench trial to determine eligibility.

(Image credit: City of Pecos, TX)

TMHA Converges on the Capitol

January 30th, 2013 Comments off

MHProNews has learned the Texas Manufactured Housing Association (TMHA) is sponsoring a Capitol Visit Day Tue., March 5 for industry members to demonstrate their strength to legislators during the state’s legislative session. Participants will receive a packet of information with talking points for specific legislators, and will visit their offices in small groups. The free event includes lunch and a cocktail reception that evening for attendees, legislators and legislative staff at the Austin Club. TMHA is strongly urging industry members to attend. For more information contact Caitlin Nauert at (512) 459 1221 or caitlin@texasmha.com

Details on New Mortgage Servicing

January 22nd, 2013 1 comment

Adding onto an MHProNews story from Jan. 21 about the Consumer Financial Protection Bureau’s (CFPB) new mortgage servicing rules, the Texas Manufactured Housing Association (TMHA) offers a detailed summary from the American Banker’s Association (ABA). CFPB director Richard Cordray says, “We will exercise our supervision and enforcement authority to make these rules stick for mortgage servicers across the entire market.” Covered are the following: Dual tracking, foreclosure timetables, force-placed insurance, loss mitigation, fair review process, new disclosures, fixing errors, and exemptions for smaller servicers. Cordray also suggested that more rules governing mortgages may be forthcoming later this month. For ABA’s summary, please click here.

(Image credit: consumerfinance.gov)

MHI Honors DJ Pendleton

October 11th, 2012 Comments off

The Texas Manufactured Housing Association (TMHA) tells MHProNews TMHA Executive Director DJ Pendleton received the Manufactured Housing Institute’s (MHI) Jim Moore Excellence in Communication Award at the recent MHI meeting and awards ceremony in San Antonio. Last October he was mentioned as a replacement for outgoing Executive Director of MHI Thayer Long. MHProNews extends its heartiest congratulations to DJ for this honor and for his work on behalf of the MH industry.

(Photo credit: MHProNews–DJ Pendleton)

Texas Manufactured Housing Association event attendees cheer

September 7th, 2012 Comments off

The Texas Manufactured Housing Association (TMHA) celebrated their 60thAnniversary at the Four Seasons Hotel in Houston, Texas Aug. 19-21 with a variety of representatives from retailers, community owners and lenders, to brokers, manufacturers, managers, informational and motivational speakers, and marketing pros. Kurt Kelley of Mobile Insurance says the classes and seminars were better this year. Quentin Fogan of Bank of America Merrill Lynch says it was helpful to hear what other lenders are doing. Oscar Power of Mustang Homes and Lands in Lubbock, Texas, in business since 1969, says it best: “It’s wonderful to be a member of TMHA.” MHProNews‘ own Tony Kovach was one of the presenters on the topic of Attracting More Customers with Cash or Good Credit. Kovach said, “DJ, Caitlin, Vickie and Rob on the TMHA staff, along with their active and supporting board did a great job of bringing together one of their best attended events in years. The business building and networking opportunities where enthusiastically met, as their video recap demonstrates. Dr. Harold Hunt, the finance panelists and TDHCA’s Joe Garcia insights and brought value. Food, folks, fun, networking and business building. This is what a good association event delivers.” 

TMHA Meeting Rocked

August 21st, 2012 Comments off

tmha-posted-in-mhpronews
The three day Texas Manufactured Housing Association (TMHA) annual meeting in Houston rocked with positive energy, reports of increased attendance, great mixers and acclaimed business-building seminars. TMHA’s outgoing Chairman Ronnie Richards said, “This is the best turnout we’ve had at a TMHA Annual Convention in recent years. The educational seminars and panel discussions were a strong, popular draw for our members and having nationally recognized presenters such as Tony Kovach and Eddie Hicks and so many others. DJ, Caitlin, Vicki and Rob all demonstrated the prowess the TMHA has in our top-notch staff. Our thanks to Tony Kovach for his role in pulling together marketing and finance seminars that drew such a positive response from our members.” Mobile Agency and AIA’s President Kurt Kelly, who was elected unopposed to a TMHA board position, added: “The Texas 2012 Annual Convention was the best one years…we were treated to multiple informative seminars on key industry topics.  Our top quality Executive Director, DJ Pendleton, gave us a detailed update on industry attempts to make the Dodd-Frank and SAFE Act legislation workable for the industry.  Dr. Harold Hunt’s economic presentation was very informative. The event was the best attended in many years.  I overheard several people mention they were very glad they came.” MHProNews plans a more detailed report with photos and a possible video wrap up with more attendee feedback for our upcoming September issue. ##

(Image credit: TMHA)

MH Excluded from Definition of Higher-Risk Mortgage Loans

August 16th, 2012 1 comment

The Truth in Lending Act (TILA) was set up to promote informed use of consumer credit and increase transparency by requiring disclosures about its costs and terms. A joint group of federal agencies that oversee truth-in-lending concerns, including the Consumer Financial Protection Bureau (CFPB), are proposing to amend Regulation Z, which implements TILA. The revisions include a provision added as part of Dodd-Frank that excludes loans for manufactured homes in communities from the definition of “higher-risk mortgage loan.” The Indiana Manufactured Housing Association (IMHA) reports some industry lenders say they would not be able to make more than half of the loans they currently make on manufactured homes without this exclusion. MHProNews has learned if the loan is secured by the home and the land on which it sits (italics added), it could be considered a “higher risk mortgage”. Public comment on the proposal will be open until Oct. 15, 2012. See pp. 14, 38, and 44 of the attached link to the entire document forwarded to MHProNews by D.J Pendleton of the Texas Manufactured Housing Association.

(Photo credit: MHProNews)

Task Force to Review San Antonio’s MH Code Changes

April 27th, 2012 Comments off

As follow-up to a story we wrote April 18 regarding changes to the MHC code by the San Antonio Quality of Life Committee, which has policy oversight of manufactured homes, Texas Manufactured Housing Association (TMHA) Executive Director J.D. Pendleton led a group of residents and community owners in a meeting with city officials. After each side enlightened the other regarding concerns and impact of the changes, city officials asked TMHA to head a task force focused on potential changes to the specific language of the new code. Director Pendleton tells MHProNews.com he hopes to meet with the city as early as next week. Originally, the Quality of Life Committee was to have voted on the new regulations April 17. Pendleton also expresses his gratitude to all the people who joined him in this effort.

(Photo credit: Follett Communities—Mission, Texas)

Changes Proposed for San Antonio MH

April 18th, 2012 Comments off

J.D. Pendleton, Executive Director of the Texas Manufactured Housing Association, tells MHProNews.com the San Antonio Quality of Life Committee may propose changes to the city code that affects MHCs. The changes relate to building/rebuilding manufactured homes in a flood plain, signage responsibilities, and possible increased fines for violations. The Quality of Life Committee has policy oversight of parks, animal care, homeless services, neighborhoods, code compliance, health, library, solid waste programs, affordable housing, and community initiative programs.

(Photo credit: Woodlake Estates, San Antonio–Roberts Communities)

 

MHI Chairman, TDHCA Director, to Address MH Issues

February 18th, 2012 Comments off

In an exclusive communication from the Texas Manufactured Housing Association (TMHA), MHProNews.com has learned Manufactured Housing Institute (MHI) Chairman Joe Stegmayer will speak at the Hyatt Regency on Lasoya in San Antonio March 6 following the TMHA Second Quarter Board Meeting. He will address issues facing the national manufactured housing industry, recent federal developments, and MHI’s protection of the industry. Following his presentation, Joe Garcia, Executive Director, Manufactured Housing Division, Texas Department of Housing and Community Affairs (TDHCA) will speak on Texas regulatory developments. For reservations contact caitlin@texasmha.com.

(Graphic credit: MHI and TDHCA)