Newsletter Archive

Latest Comments

The Masthead
Daily Business News
Industry Voices
INspirations
Words of Wisdom
The Cutting Edge
Powered by Disqus
Find the perfect job or hire the perfect employee

Sell or Buy using our Classifieds

Upcoming Events

Submit your news and events

Administration Announces New Financing Program for Housing Agencies
On Monday, the Obama administration unveiled a new program to support state and local housing finance agencies (HFAs). The plan will help the agencies finance mortgages for first-time homebuyers and develop rental housing. This announcement follows upon the intent to support HFAs first outlined in February under the Homeowner Affordability and Stability Plan. The Administration's initiative has two parts: a new bond purchase program to support new lending by state and local housing finance agencies, and a temporary credit and liquidity program to improve the access of HFAs to liquidity for outstanding HFA bonds.

State and local housing finance agencies have the authority to finance and administer a number of programs in order to develop and preserve affordable housing for low- to moderate-income households. Manufactured housing is an integral part in meeting the demand for affordable housing, and is an eligible activity for housing finance agencies to be involved with. MHI encourages its members to work closely with state and local housing finance agencies as they can be an important source of financing.

Source: MHI Newswire

Daily Business News Briefs

Converted Modular Shipping Containers may house up to 100,000

Converted Modular Shipping Containers may house up to 100,000

Updating a story MHProNews last posted May 22, 2014 regarding shipping containers becoming homes for liquified natural gas (LNG) workers in northern British Columbia, the $120,000 modular units are outfitted with many home amenities including flat screen TV, computer workstation, stainless steel appliances and floor-to-ceiling windows to bring in...

17 Sep 2014

Read more

First Responders Receiving Donated Modular Home

First Responders Receiving Donated Modular Home

A 30 year-old pregnant firefighter with ALS (Amyotrophic lateral sclerosis), commonly called Lou Gehrig’s disease, and her husband in Madison, Connecticut are on the receiving end of a new modular home being built with donations to accommodate a wheelchair for when she returns from giving birth. Because hers is a high risk pregnancy, Amanda...

16 Sep 2014

Read more

Skyline Regains Yesterday’s Loss; MH Composite Advances

Skyline Regains Yesterday’s Loss; MH Composite Advances

Stocks were up in anticipation of the minutes from the most recent Federal Reserve meeting. The Dow Jones Industrial Average added +100.83 points, +0.59 percent, to close at 17,131.97, while the Nasdaq gained +33.86 points, +0.75 percent, to end the day at 4,552.76. The S&P 500 also moved up +0.75 percent, +14.85 points, to finish […]...

16 Sep 2014

Read more

Frank Nothaft: New Multifamily Housing Units Being Absorbed

Frank Nothaft: New Multifamily Housing Units Being Absorbed

The past four quarters all the growth in household formation has been among renters, according to worldpropertychannel.com, as the rate of absorption for unsubsidized, unfurnished apartments has been at its fastest pace in a decade. As of Sept., 2014, construction of apartment buildings with at least five units hit the highest monthly rate since...

16 Sep 2014

Read more

Drew is Drawing Lookers

Drew is Drawing Lookers

Investors are closely watching Drew Industries, Inc. (NYSE:DW), the Elkhart, Indiana-based component supplier to the manufactured housing industry, according to wallstreetscope.com. Through its subsidiary, Lippert Components, it has recently acquired several complementary firms  as MHProNews reported Aug 18, 2014. The company price-to-sale ratio ...

16 Sep 2014

Read more

3D Printer Pours out Concrete to Form Modular House

3D Printer Pours out Concrete to Form Modular House

Another addition to the “instant house movement” that MHProNews has documented April 24, 2014  and Jan. 27, 2014, among others, is 3D printer construction technology called Contour Crafting which produces concrete buildings using a giant robotic printer in one day, and is capable of constructing round and straight formations. Developer Dr. Behrokh ...

16 Sep 2014

Read more

Henry Cisneros: Current Affordable Housing Programs miss 75 Percent

Henry Cisneros: Current Affordable Housing Programs miss 75 Percent

Speaking at a luncheon at the Bipartisan Policy Center’s Housing Summit in Washington, D. C., former Housing and Urban Development (HUD) Secretary Henry Cisneros said the current affordable housing assistance programs only have funding for one out of four applicants. According to housingwire.com, he said: “In addition, we aren’t focusing on t...

16 Sep 2014

Read more

Nobility Homes Reports Sales, Income Rise in Q3 2014

Nobility Homes Reports Sales, Income Rise in Q3 2014

Manufactured housing producer Nobility Homes, Inc. (NOBH) of Ocala, Florida, announcing its sales and earnings results for the third quarter 2014 ending Aug. 2, reports sales for the quarter rose 12 percent to $5,346, 639 over the $4,758,456 for the same period of 2013, according to nasdaq.com. Net income after taxes was $252,268, more than...

16 Sep 2014

Read more

Apprehensive Lenders, Changing Homebuyer Demographics Create Challenges

Apprehensive Lenders, Changing Homebuyer Demographics Create Challenges

Experts at the American Mortgage Conference say the combination of lenders apprehensive about making mistakes on loan apps and the qualified mortgage rule, and the need for low-cost financing to meet the changing demographics of minority and women home buyers whose income is not apt to rise, are two major challenges facing the housing industry....

15 Sep 2014

Read more

Manufactured Housing Institute announces Executive Committee election resul…

Manufactured Housing Institute announces Executive Committee election results

The Manufactured Housing Institute (MHI) has announced the election of their new officers, which took place during their annual meeting at Scottsdale, AZ 9-15-2014.   The executive committee officers are; Nathan Smith (SSK Communities), Chairman.   Tim Williams (21st Mortgage), Vice Chairman.  Howard Walker (ELS), Treasurer.  Kevin Clayton (Cla...

15 Sep 2014

Read more

Deer Valley Spikes, Skyline Falls, MH Composite slips third Straight Day

Deer Valley Spikes, Skyline Falls, MH Composite slips third Straight Day

While investors are awaiting news from the Federal Reserve’s two-day meeting, Tech stocks took a bath in trading as the Nasdaq fell over one percent, while the Dow and the S&P 500 moved very little. The Dow Jones Industrial Average added +43.63 points, + 0.26 percent, to close at 17,031.41, while the S&P edged down […]...

15 Sep 2014

Read more

Featured Articles and Reports - September 2014 Vol. 5 No. 12

Prev Next Page:

UnBranding - a Key to Unlocking the Door to more MH Sales?

UnBranding - a Key to Unlocking the Door to more MH Sales?

by L.A. "Tony" Kovach Years before Palm Harbor Homes went into bankruptcy and eventually ended up with Cavco Industries, Palm Harbor ran TV ads showing beautiful, “residential style” manufactured homes. Read more

MARKETING

“Should We Be a More Aggressive Breed?”

“Should We Be a More Aggressive Breed?”

by Nadeen Green, JD Many if not most manufactured housing folks truly make the effort to be compliant with the Fair Housing Act and are well aware of the need to... Read more

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Earthquakes & Other Disasters: Are you Prepared?

Earthquakes & Other Disasters: Are you Prepared?

by C. William Dahlin, JD  As reported by major media outlets, a 6.0 earthquake hit Northern California  in late August on a Sunday. Read more

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Pool and Spa Safety

Pool and Spa Safety

by Kathleen Bianculli While the end of summer is drawing near and pools in some areas will be closed for the season, in many areas of the country the pool never... Read more

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

“How Sweet the Rose” - Senior Housing Communities - Advertising Do's and Do…

“How Sweet the Rose” - Senior Housing Communities - Advertising Do's and Don'ts

by Nadeen Green, JD While a rose may smell sweet no matter what it may be called, names are in fact labels. Using the wrong label when you market your senior... Read more

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

A Breakthrough in Manufactured Home Loan Financing! Discover the One Step P…

A Breakthrough in Manufactured Home Loan Financing! Discover the One Step Program!

by Jerry Bretton In our previous report on SUN, we mentioned that Mountainside Financial has been making loans on manufactured and mobile homes for 14 years. Read more

FINANCING

Are HUD Practices Making Manufactured Homes Less Affordable?

Are HUD Practices Making Manufactured Homes Less Affordable?

by Ron D'Ambra Let's start by saying that, from a business perspective, MORE government involvement is not always viewed as a good thing. Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

3rd Annual Open Space Pace - September 20th, 2014 – Freehold New Jersey

3rd Annual Open Space Pace - September 20th, 2014 – Freehold New Jersey

by Sam Landy Dear Friends, UMH Properties and Monmouth Real Estate Investment Corporation (MNR) sponsor The Open Space Pace at Freehold Raceway September 20, 2014. The event begins with a 10:00 am parade of... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

A Cup of Coffee with… Sheila Dey

A Cup of Coffee with… Sheila Dey

1) Who, What and Where: (Your name, and your role/job title at organization or firm and where you are based.) Sheila S. Dey, JDExecutive DirectorWestern Manufactured Housing Communities Association Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

5 Reasons for MHPros to Attend the 2015 Louisville Manufactured Housing Sho…

5 Reasons for MHPros to Attend the 2015 Louisville Manufactured Housing Show

by Dennis Hill We could name more than 5 reasons why manufacturers and exhibiting companies as well 5 reasons why attendees from the ranks of retailers, communities, builder developers, installers and... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

The High Cost of Low Volume MH Sales for Retailers, Communities, Factories …

The High Cost of Low Volume MH Sales for Retailers, Communities, Factories and others

by L. A. “Tony' Kovach We will demonstrate that the cost of not selling more homes is always high.  Capital is tied up in your inventory, location, general overhead, personnel, marketing,... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Lead, manage or get out of the way

Lead, manage or get out of the way

by Tim Connor, CSP The world is changing at the speed of light. Everything is being touched by this accelerated pace of change. No person, entity, industry, profession, and no part... Read more

MANAGEMENT

Knowledge is Potential Power - 4 Steps and 91 words = Enhanced Manufacture…

Knowledge is Potential Power - 4 Steps and 91 words =  Enhanced Manufactured Housing  Professional Success Infographic

by L. A. “Tony” Kovach We'll share an infographic that explains in 4 easy steps how any MH Industry professional can learn more to earn more. Here is the infographic... Read more

MANAGEMENT

ZigOn Qualities of Success

ZigOn Qualities of Success

by Zig Ziglar Dr. William "Bill" Ross was truly one of a kind and was known for his sense of humor and his zest for life. He had exuberance for... Read more

PERSONAL REFLECTIONS, MOTIVATION and INSPIRATION

Four Ingredients for MH Sales Success

Four Ingredients for MH Sales Success

by Tim Connor, CSP There are four significant areas when it comes to consistent high sales performance. They are: Self-image and self-esteem. Read more

SALES

Upcoming Events

ben-franklin-held-ipad-credit-wikicommons-animation-mhmsm-

MHLIVINGNEWS.COM FEATURED HOME OF THE WEEK

Classifieds

Press Releases

2015 Louisville Manufactured Housing Sho…

2015 Louisville Manufactured Housing Show is filling up fast and early!

Attendees, mark your calanders now, pre-registration will open on October 1, 2014. Exhibitors, Reserve your space now.  See download linked here.

the MHMSM Team 02 Sep 2014 Corporate Press Releases

Read more

RV/MH Heritage Foundation Inducts the Cl…

RV/MH Heritage Foundation Inducts the Class of 2014 into RV/MH Hall of Fame

(Back row l-r) Thomas "Tom" L. Kern, Style Crest Enterprises; Ed Evans, EPM; Gary McDaniel, YES! Communities ; Richard "Dick" King, King Insurance (second row row l-r) Barry Cole, Manufactured Housing Insurance Services; Bob Livingston, Good Sam; John D Roba, Roba and Associates (front row l-r) Mrs. James F Shields. accepting on behalf of her husband,James F Shields (deceased), Pan Pacific RV Centers; Debbie Brunoforte, Little Dealer, Little Prices and Peter B Orthwein, Thor Industries. ELKHART, Ind., August 5. 2014 -- The Class of 2014 was inducted into the RV/MH Hall of Fame (Hall) last night in Elkhart, Indiana, in a gala ceremony before a record breaking crowd of more than 440 family members, friends, and colleagues from across the country. The Class of 2014 includes: Debbie Brunoforte, Little Dealer, Little Prices;...

the MHMSM Team 05 Aug 2014 Corporate Press Releases

Read more

Steve Lefler - Modular Lifestyles and Ne…

Steve Lefler - Modular Lifestyles and Newport Pacific – Successfully Gaining Acceptance for Super Energy Saving, Green Manufactured Homes

Learn more at the article linked here, or by calling Steve Lefler, Vice President of Modular Lifestyles, Inc., a division of Newport Pacific Family of Companies at Ph. (888) 437-4587. Email steve@modularlifestyles.com. Steve is a Dual DRE and HCD Salesperson. Advanced Green Building Professional. CEC Solar Wind Retailer/Installer. http://www.modularlifestyles.com ##

the MHMSM Team 01 Aug 2014 Corporate Press Releases

Read more

Sun Communities, Inc. to Acquire America…

Sun Communities, Inc. to Acquire American Land Lease Manufactured Housing Portfolio from Green Courte Partners for $1.32 Billion

Increases Sun Communities' portfolio to 245 communities totaling nearly 90,000 sites in 29 states with a combined enterprise value of approximately $5.1 billion Southfield, MI, July 30, 2014 - Sun Communities, Inc. (NYSE: SUI) (the "Company") today announced that it has entered into an agreement to acquire a portfolio (the "ALL portfolio") from Green Courte Partners, LLC ("GCP") sponsored funds. The ALL portfolio consists of 59 manufactured home communities, including those acquired from American Land Lease, Inc. by GCP in 2009. The communities comprise over 19,000 sites in eleven states, including nearly 11,000 sites located in Florida. Over 14,000 sites, or 73%, of the ALL portfolio are age-restricted.  In connection with this transaction, the Company will assume GCP's right to acquire an additional manufactured home community pursuant to a binding purchase...

the MHMSM Team 31 Jul 2014 Corporate Press Releases

Read more

Mountainside Financial launches Dodd-Fra…

Mountainside Financial launches Dodd-Frank compliant non-MLO, MLO SUN Manufactured/Mobile Home Direct Loans and Refinancing

Using online articles, banner ads and video, Mountainside Financial is announcing the launch of the evolution of their direct lending platform promotion. As a division of San Antonio Credit Union (SACU), Mountainside has a unique 14 year history of making direct to consumer loans on manufactured and mobile homes. Direct loans are often done in "partnership" with brokers, communities, Realtors ®, other housing professionals and manufactured home retailers who refer consumers to them. Anthony Ducharme, Direct Channel Manager for Mountainside, explained how they created their new SUN System with Manufactured Home Professionals in mind who needed a compliant process to navigate SAFE Act and Dodd-Frank regulations enforced by the Consumer Financial Protection Bureau (CFPB). "If you've been originating your own loans, talk to us. If you want to have a legally complaint...

the MHMSM Team 08 Jul 2014 Corporate Press Releases

Read more

Jobs