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This week, the Senate has turned its attention to the extension of the home buyer tax tax credit which expires on December 1 unless extended. Members of the Senate have said they have substantially reached an agreement on extending the credit, and plan to add it to a bill that would extend expiring unemployment benefits. The amendment would extend the existing $8,000 tax credit for first-time home buyers and offer a new $6,500 credit for existing homeowners who have lived in their current residence for a consecutive five-year period within the past eight years. Once the Senate has adopted the extension, the House is expected to take up and pass the Senate language. The White House also came out this week in support of the extension. MHI has expressed its support for extension of the homebuyer tax credit to key members of both the House and the Senate, as well as to the White House.

Source: MHI Newswire

Daily Business News Briefs

Realtor, Contractor Moving into Manufactured Housing – Sign of more to come…

Realtor, Contractor Moving into Manufactured Housing – Sign of more to come?

Jesse Harrell and John Vaught have joined forces to what may seem to them – and may be for others – a sign of things to come for manufactured and modular home sales. The GCDailyWorld’s  Rick Curl tells MHProNews  that Solsberry, Indiana’s Harrell has done contracting and excavating for some 18 years. Much of that […]...

26 Nov 2014

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Mobile and Manufactured Homes Dropped from HOME Program

Mobile and Manufactured Homes Dropped from HOME Program

The Tennessean  tells the tale of the HOME program, $250,000 in federal grants going to each of three TN counties, Gallatin,Portland and Westmorelan. The program is designed to repair – or in the past, even replace – homes that had update needs, up to $40,000 per qualifying resident. Deemed a lifesaver to those who get the […]...

26 Nov 2014

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Luxury Manufactured Homes in Michigan attracts Buyers

Luxury Manufactured Homes in Michigan attracts Buyers

Michigan’s HomeFirst is an innovator in offering luxury manufactured homes (MH) rather than “shade and shelter” models, as is more often seen in the current MH market environment. Their motto is simple, “Affordability and Luxury.” BroadwayWorld  tells MHProNews  that HomeFirst Director of Sales and Marketing, Danya Mallad said: &#...

26 Nov 2014

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Happy Thanksgiving from MHProNews – U.S. Markets closed Thursday

Happy Thanksgiving from MHProNews – U.S. Markets closed Thursday

The markets are closed tomorrow for Thanksgiving day, but you will find our routine market and other news items and blogs today; PLUS a nice helping of fresh Daily Business News stories to greet you Thursday morning, Nov 27th, 2014. For MH professionals and enthusiasts, you know this is a great industry. We are 5 […]...

26 Nov 2014

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Manufactured Housing Composite Rises, Oil hits 4 year low, Dow slides

Manufactured Housing Composite Rises, Oil hits 4 year low, Dow slides

The Manufactured Housing Composite Value rose, even as Marketwatch  explained why Oil and OPEC’s upcoming Thursday meeting contributed to a modest dip on the Dow. Manufactured home communities generally did well, as did suppliers and producers. Today’s trading, by the numbers… Dow 17,814.94 -2.96 -0.02%. Nasdaq 4,758.25 +3.36 ...

25 Nov 2014

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Equity Lifestyle teams up with agency in Twin Cities Suburb for a youth rec…

Equity Lifestyle teams up with agency in Twin Cities Suburb for a youth recreation center

Families in the Lake Elmo, Minnesota manufactured home community of Cimarron Park are getting a much desired center for youth. The area is mainly occupied by low-income families which have struggled for housing. The Twin Cities StarTribune tells MHProNews that the building space for community activities which includes a day care center and for...

25 Nov 2014

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Loughborough University, Shanka Ventures developing world’s first Concrete …

Loughborough University, Shanka Ventures developing world’s first Concrete Printing Robot for Construction

In the new world of innovative technology, the construction and architectural industries have been shown how 3D printing technology can make their jobs quicker without the compromise of quality. According to Rob Francis, Shanka Ventures director of innovation and business improvement: “3D concrete printing, when combined with a mobile p...

25 Nov 2014

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Housing Counseling and Loan Performance – what works, and others options fo…

Housing Counseling and Loan Performance – what works, and others options for Home Buyers?

  Bonnie Sinnock, writing in National Mortgage News, outlines various viewpoints on the debated topic of how much value there is to pre-mortgage counseling for borrowers versus using other options. Programs like HAWK, Home Owners Armed with Knowledge, are among those explored. Since manufactured housing lenders face the question of housing...

25 Nov 2014

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Dodd-Frank’s economic impact under-stated, says Charen in Albany Democrtic …

Dodd-Frank’s economic impact under-stated, says Charen in Albany Democrtic Herald

Mona Charen, writing in the Albany Democratic Herald, said that during the 2012 presidential campaign, one of President Obama’s favorite themes was to poke fun at Republicans saying, “they have the same prescription they’ve had for the past 30 years. … Take two tax cuts, roll back some regulations, and call us in the...

25 Nov 2014

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MH Industry memo to RVIA President Richard Coon aims to resolve HUD issues …

MH Industry memo to RVIA President Richard Coon aims to resolve HUD issues for both industries

As was previously reported on ManufacturedHomeLivingNews  and in the Daily Business News, the RV industry is pursuing legislation to remedy concerns with HUD over regulations they feel hampers their business. As shown at the links above, Congressmen Marlin Stutzman (R-3 IN) and Jackie Walorski (R-2nd IN) introduced House Resolution 5658, entitled t...

24 Nov 2014

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Manufactured Housing Composite rises, stocks hit new all time highs

Manufactured Housing Composite rises, stocks hit new all time highs

Google News  says stocks have hit an all time high, even as oil continues its recent slide. Lower fuel prices makes it less expensive for manufactured housing to be transported, which is for now a nice point for the MH industry’s producers. MH Communities traded mixed today.  Most HUD Code manufactured home producers rose and […]...

24 Nov 2014

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Featured Articles and Reports - November 2014 Vol. 6 No. 2

Prev Next Page:

Foreclosure and Insurance Proceeds

Foreclosure and Insurance Proceeds

by C. William Dahlin, JD Any person or entity who lends money for the purchase of real property can, of course, become a secured lender. In simple terms, that means that... Read more

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

“You Should Get a Spanking...”

“You Should Get a Spanking...”

by Nadeen Green, JD ...if you are being naughty when it comes to fair housing and familial status issues. Actually, you would likely prefer a spanking than what you might get... Read more

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

The 6th Circuit Court says Manufactured Homes aren't Consumer Product

The 6th Circuit Court says Manufactured Homes aren't Consumer Product

by L. A. “Tony” Kovach One of our legally connected friends very thoughtfully shared this article, republished from Law360, which is significant to our industry and directly related to it. Every... Read more

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Preparing For CFPB’s New Appraisal And Valuation Rules

Preparing For CFPB’s New Appraisal And Valuation Rules

by Dick Ernst By now industry participants should be very aware of the “Big 8” Dodd-Frank regulations that have been implemented since January of 2014. Read more

FINANCING

MHI Letter Alfred M. Pollard, General Counsel - Federal Housing Finance Age…

MHI Letter Alfred M. Pollard, General Counsel - Federal Housing Finance Agency (FHFA)

by MHI Subject - Enterprise Housing Goals; Proposed Rule 12 CFR Parts 1282 - Blanket Loans on Manufactured Housing Parks. Dear Mr. Pollard: Read more

FINANCING

A Cup of Coffee with… Ross Kinzler

A Cup of Coffee with… Ross Kinzler

1) Who, What and Where: (Your name, and your role/job title at organization or firm and where you are based.) Ross Kinzler, executive director of the Wisconsin Housing Alliance based in... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Three Views on Manufactured Housing DOE Energy Efficiency Standards

Three Views on Manufactured Housing DOE Energy Efficiency Standards

MHI, Don Westphal and MHARR We'll share without commentary three different perspectives on the DOE Energy Efficiency Standards for Manufactured Housing. We'll start with MHI's view, share Don Westphal's letter to... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Where Are We Now? - A Second Chance

Where Are We Now? - A Second Chance

by Marty Lavin, JD As we view the manufactured housing industry condition at present, one can’t help but wonder about its status now and in the immediate future. When I speak... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

About the MBA's Lobbying, Conventional and Manufactured Housing's Roles in …

About the MBA's Lobbying, Conventional and Manufactured Housing's Roles in U.S. Recovery

by Rick Rand Lucine Colignon's Daily Business News column on the MBA's lobbying to change current regulations is a great article.  It raises a number of topics relevant to MH businesses,... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

The 2015 Tunica Manufactured Housing Show Tunica, Mississippi - March 25 - …

The 2015 Tunica Manufactured Housing Show Tunica, Mississippi - March 25 - 27, 2015 - A Phoenix Rises

by Dennis Hill A Phoenix is a mythical bird that near the end of its life builds a nest of twigs that then ignites; both nest and bird burn fiercely and... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

The 2015 Louisville Manufactured Housing Show Kentucky Exposition Center Lo…

The 2015 Louisville Manufactured Housing Show Kentucky Exposition Center Louisville, Kentucky January 21 -23, 2015 The Road to Success

by Dennis Hill The numbers really add up. Think about all of the exciting brand new homes. Think about the 2,500 professionals who were in Louisville in 2014, representing hundreds of... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Approaching Version 3.0 - Impacts You and Manufactured Housing Industry

Approaching Version 3.0 - Impacts You and Manufactured Housing Industry

by L. A. "Tony" Kovach Manufactured Housing Professional News - MHProNews.com - is widely recognized as the runaway #1 industry professional trade journal serving the factory built housing industry, as numerous... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Adios

Adios

by Matthew Silver It has meant a lot to me to work with Tony and Sohyela (at MHProNews – writing the Daily Business News articles), I have learned so much. I... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Look for Reality – Management 101

Look for Reality – Management 101

By Tim Connor, CSP Perceptions become reality in the minds of people.  What are the prevailing or dominant perceptions that exist in your organization? Are you in touch with the causes... Read more

MANAGEMENT

ZigOn Integrity

ZigOn Integrity

by Zig Ziglar This morning as I sat at my desk, I spotted a large hawk in the willow tree behind my home. Two or three small birds, which I believe... Read more

PERSONAL REFLECTIONS, MOTIVATION and INSPIRATION

Top 25 Steve Jobs Quotes

Top 25 Steve Jobs Quotes

by L. A. 'Tony' Kovach Girish sent these top 25 Steve Jobs quotes via Linkedin, and it was immediately apparent that this was worth sharing with our MH Industry. Jobs was... Read more

PERSONAL REFLECTIONS, MOTIVATION and INSPIRATION

Upcoming Events

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MHLIVINGNEWS.COM FEATURED HOME OF THE WEEK

Classifieds

Press Releases

More than $350,000 Already Pledged M…

More than $350,000 Already Pledged     Manufactured Housing Industry Leaders Stepping Up in Support of the $1 Million

ELKHART, Ind. - Darryl Searer, chairman and president of the RV/MH Hall of Fame (Hall), is encouraged by the early support of the "Kevin Clayton Debt Elimination Challenge" fund raising campaign.  Commitments are coming in from large and small companies, as well as individuals. Searer said, "Our goal is to raise $1 million in this campaign over the next 3 to 5 years.  These new pledges, plus Kevin Clayton's initial pledge of $200,000, means that we are more than 35% there in only a few weeks since the campaign was announced."   Pledges to date and donations include: * Kevin Clayton, Clayton Homes pledged $40,000 per year for 5 years. Total of $200,000* Gary McDaniel, YES! Communities, pledged $25,000 per year for the next three years. Total $75,000* Joe Stegmayer, Cavco Industries, Inc., pledged $10,000 per year...

the MHMSM Team 10 Nov 2014 Corporate Press Releases

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Bradley awarded for career dedicated to …

Bradley awarded for career dedicated to housing co-ops

ROC USA® President Paul Bradley was recently honored with the National Association of Housing Cooperatives’ Jerry Voorhis Award. The Voorhis is a lifetime achievement award that recognizes significant leadership in both theory and practice. It is presented annually by the NAHC, a national federation of housing cooperatives, mutual housing associations, other resident-owned or controlled housing, professionals, organizations, and individuals interested in promoting the interests of cooperative housing communities. Incorporated in 1960, NAHC is the only national cooperative housing organization. “What an honor,” Bradley said last week from his Concord, N.H., office. “Jerry Voorhis was a real force in the cooperative housing world and even being mentioned in the same context with him is a thrill.” Jerry Voorhis was a five-term U.S. Congressman from California who went on to lead the National Cooperative Business...

the MHMSM Team 04 Nov 2014 Corporate Press Releases

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ROC USA® Network Welcomes MH Industry Ve…

ROC USA® Network Welcomes MH Industry Veteran  As new National Acquisitions & Portfolio Manager

CONCORD, N.H. — Jason Carter has joined the management team at ROC USA Network as National Acquisitions and Portfolio Manager. He begins his new role Nov. 3. Carter’s primary focus is to identify MH community owners interested in selling their communities to their residents and, with ROC USA Network affiliates across the country, execute on resident purchases. ROC USA Network Director Mary O’Hara said Carter’s years of experience with MH manufacturing, sales, community operations and development will be a significant benefit to ROC USA’s affiliates and clients. His appreciation for manufactured housing as affordable housing and his understanding of what it takes to own and operate a community are critical in today’s marketplace, she said. “ROC USA Network has established a proven track record over the last six years, achieving a level...

Soheyla Kovach 16 Oct 2014 Corporate Press Releases

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RV/MH Heritage Foundation Unveils New $1…

RV/MH Heritage Foundation Unveils New $1 Million Campaign Exclusively for the Manufactured Housing Industry

SCOTTSDALE, Ariz., - Darryl Searer, chairman and president of the RV/MH Hall of Fame (Hall) and Barry Cole, president of MH Insurance Services and past chairman of the Hall, spoke to a group of manufactured housing (MH) executives at the Manufactured Housing Institute's 78th Annual Meeting on September 15th  at the Westin  Resort  in Scottsdale, Arizona.  They unveiled a new five-year fundraiser especially for the MH industry designed to help theHall retire its debt. After updating the MH leaders of the Hall's current financial position, Searer urged the attendees to help the Hall retire its debt by pledging their support for the campaign. Explaining to the group that the Hall's debt was a result of unfulfilled pledges Mr. Cole commented, "In 2007 our idea was to construct a great legacy building that would include an event center, library and museum with unique...

L.A. Tony Kovach 03 Oct 2014 Corporate Press Releases

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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

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