Newsletter Archive

Latest Comments

The Masthead
Daily Business News
Industry Voices
INspirations
Words of Wisdom
The Cutting Edge
Powered by Disqus

Upcoming Events

Submit your news and events
Find the perfect job or hire the perfect employee

Sell or Buy using our Classifieds

louisville-show-money-posted-on-mhpronews-com

This shouldn’t come as any big surprise! The Louisville Manufactured Housing Show has been going strong for over five decades, and has taken on a fresh new
look. So please join us in 2014 for an unparalleled marketing experience that will pay off now and in the future.Louisville-Banner-2014-posted on MHProNews-com

The Tradition . . .

During its long history the “Louisville Show” has grown to include virtually every exhibitor who has wanted to capture the northeast market. As home designs changed, as they became more complex and more beautiful, as they incorporated state-of-the-art features that appealed to every segment of consumers, these exhibitors recognized that the showcase represented by The Louisville Show was valuable as a marketing medium. Exhibiting at Louisville offers you one of the best ways to get in front of your customers and prospects in a relatively short amount of time. Louisville gives you the opportunity to not only show your homes, products, or services, but also creates that all important first impression. The Louisville show is worth the effort!

The Timing . . .

January is a prime time for The Louisville Show, because builder/developers, retailers, community owners/operators and installers want to place orders and have inventory delivered in time for the early selling season. They want to have the time to investigate and compare competing manufacturers and supplier exhibitors.

The Marketplace . . .

In 2013 The Louisville Show registered retailers, builder/developers, community managers, and manufacturers from all over the region. This is a significant coup for The Louisville Show, because it means new leads, new business relationships, and expanded market penetration. At last years successful show we had 1370 builder/developers, retailers, community owners/operators, and installers representing 573 different companies. All of our exhibitors were pleased with the traffic flow that the show provided in 2013. Sales were made!

It’s easy to know that The 2014 Louisville Show will be even greater. The Louisville Manufactured Housing Show appeals to some very discriminating buyers. They want a good price, but they also want a first-class look, functionality, efficiency, and detailing that sets their home apart from others. The homes that are in Louisville are truly representative of the region.

As with last year’s show, we will again use QMS of Alpharetta, GA to provide web link registration services. Their services proved to be a great help to all concerned parties before the show, during the show and after the show as well.

For the 2014 Louisville show, we plan to do more practical, business building seminars on the first and second day of the show. These seminars will showcase ways for professionals to market, sell and finance more homes, and access capital for commercial MHC projects. Questions and Answers to our expert presenters are always part of our seminars. All seminars will be held in the morning hours on Wednesday and Thursday. This will allow everyone more time to enjoy seeing all of the exhibits. Tony Kovach, with www.MHMarketingSalesManagemt.com (MHProNews.com) will once again lead our seminar programming for the 2014 show.

Publicity and Promotion . . .

Over fifty years of experience makes our marketing communications campaign professional, focused, and on target. There’s no substitute for expertise, and The Louisville Show has it when it comes to getting the word out.

The Midwest Manufactured Housing Federation stands behind the Louisville Show. The Midwest wants everyone to come to Louisville and enjoy a high degree of success. All the Midwest states will be represented at this year’s show and will be available with onsite information. Last year we used Tony Kovach with MHMarketing Sales Management to help us promote the show. We will once again use MHMarketing Sales Management services to promote this year’s show. In addition to his electronic messages, we will put out direct mailing pieces to all potential builder/developers, retailers, community owners/operators, and installers in the Midwest and beyond. The Midwest states will also assist in promoting the Louisville Show to their state members. We saturate the market and our message is always a variation on the same theme … The Louisville Show provides the means to increased profits, greater productivity, and a stronger competitive posture.

The Location . . .

The 2014 show will be held at the Kentucky Exposition Center. We suggest you come to Louisville and surprise yourself again. The Crowne Plaza will serve as our headquarters hotel. The Crowne Plaza is located directly across the street from the Kentucky Exposition Center. Everyone was extremely pleased with the hotel renovation. As always, the airport is within 3 minutes of the show site and there is ample, safe parking at KEC. There could not be a more convenient show site!

The Rewards . . .

The rewards that will be generated include higher sales to more builder/developers, retailers, community owners/operators and installers, qualified leads from an entirely new group of buyers, prominence and visibility in a competitive marketplace, and invaluable contacts that will serve you well in the years ahead.

Perhaps you’re thinking you can skip the show this year. WRONG! It’s IMPERATIVE in the current economy that you keep abreast of everything that’s happening in the industry, IMPERATIVE that you retain or gain a strong competitive presence, and IMPERITIVE that you are aggressive in pursuing profits. So do yourself a favor and attend The 2014 Louisville Manufactured Housing Show.

If you have any questions regarding this year’s Louisville show, please do not hesitate to call Dennis J. Hill, Show Coordinator, at 770-587-3350. ##

Daily Business News Briefs

Chinese Homebuyers Buoying the U. S. Housing Market

Chinese Homebuyers Buoying the U. S. Housing Market

According to CNNMoney, the Chinese are now the biggest international buyers in the U. S. housing market, and over half of the $22 billion they spent on homes for the year ending in March was spent in California, New York and Washington, according to the National Association of Realtors (NAR). California is popular because it [...]...

23 Jul 2014

Read more

Skyline Rises, Nobility Homes falls; Dow Slips, Nasdaq and S&P Rise

Skyline Rises, Nobility Homes falls; Dow Slips, Nasdaq and S&P Rise

U. S. investors did not seem fazed by violence in Israel/Gaza and the Ukraine, as the Nasdaq rose +17.86 points, +0.40 percent, to end hump day at 4,473.70, while the S&P 500 hit a new intraday high but settled at 1,987.01, +3.48 points, +0.18 percent. Meanwhile, the Dow Jones Industrial Average slipped -26.91 points, -0.16 [...]...

23 Jul 2014

Read more

Existing Home Sales Rise in June

Existing Home Sales Rise in June

Sales of previously-owned homes rose 2.6 percent in June to a 5.04 million annual rate, an eight-month high, according to figures released by the National Association of Realtors (NAR). More listings cooled prices as they advanced to their slowest rate since March 2012, as inventories increased to a nearly two-month high, according to...

23 Jul 2014

Read more

Equity LifeStyle Properties Posts Gains for Q2

Equity LifeStyle Properties Posts Gains for Q2

Margeurite Nader, CEO and President of Equity LifeStyle Properties (NYSE:ELS), in discussing second quarter 2014 results, reports the company experienced its 19th consecutive quarter of occupancy growth, with homeowner occupied sites increasing by 113, and home renter sites rose by only two. Last year, by comparison, ELS had lost 189...

23 Jul 2014

Read more

Despite Cautionary Data, Housing Market Improves Modestly

Despite Cautionary Data, Housing Market Improves Modestly

Freddie Mac’s Multi-Indicator Market Index (MiMi) dipped .06 points to -2.59 last month, indicating a flat housing market, although on the year the housing market has improved by .86 points, according to housingwire.com. The all-time low was -4.42 in Nov. 2010, MHProNews has learned. Other housing market indicators are more favorable, as...

23 Jul 2014

Read more

NBC News Today Show report shows Manufactured Home did as well as Conventio…

NBC News Today Show report shows Manufactured Home did as well as Conventional On-site Construction in hurricane high winds test

“Regarding this previous portion of the test, IBHS indicated: “When one of these high wind-rated HUD-Code homes is installed on a permanent foundation, in most of the country, it would end up resisting wind storms better than surrounding site-built homes.” So stated a MHI President and CEO, Richard “Dick” Jennison in a longer report to [...]...

23 Jul 2014

Read more

MHC Residents Protest Seizure of Belongings

MHC Residents Protest Seizure of Belongings

Residents at Blackhawk Estates manufactured home community (MHC) in an unincorporated area near Des Plaines, Illinois protested Monday after their property managers allegedly enforced what the residents are calling “the fine print” in their leases by walking through the community and taking belongings from residents’ yards, including chi...

23 Jul 2014

Read more

Wells Fargo Reports Growth in Originations

Wells Fargo Reports Growth in Originations

According to nationalmortgagenews.com, Wells Fargo executives welcome the effort by Federal Housing Finance Agency Director (FHFA) Mel Watt to expand mortgage credit availability, but caution that capturing the lower-credit quality homebuyer is not likely to increase the size of the mortgage market nor impact earnings of mortgage originators. The...

23 Jul 2014

Read more

Fitch Predicts Housing Market will Expand 16 Percent

Fitch Predicts Housing Market will Expand 16 Percent

Fitch Ratings expects the housing market to continue growing this year and become much stronger in 2015, according to housingwire.com. Fitch forecasts single-family housing starts to grow 9.5 percent the remainder of the year to 677,000, and new home sales to advance eight percent to 465,000 while home volume will drop five percent to 4.835 [...]...

22 Jul 2014

Read more

Manufactured Home Performs well Under Wind Test

Manufactured Home Performs well Under Wind Test

Following a story MHProNews posted July 17, 2014 regarding a manufactured housing wind test sponsored by the insurance industry, Dick Jennison, MHI president and CEO says the results will be on the Today Show tomorrow morning, July 23, between 7 and 7:30 AM. Conducted in several phases by the Insurance Institute for Business and Home [...]...

22 Jul 2014

Read more

LPX Gains Most of Tracked Stocks; Dow, Nasdaq, S&P Nudge Up

LPX Gains Most of Tracked Stocks; Dow, Nasdaq, S&P Nudge Up

Healthy company earnings for the second quarter spurred investors to push all three indexes to make modest gains as the Dow Jones Industrial Average nudged up +61.81 points, +0.36 percent, to close at 17,113.54, according to what CNNMoney tells MHProNews. The Nasdaq added 31.32 points, +0.71 percent, to end the day at 4,456.02, while the [...]...

22 Jul 2014

Read more

Featured Articles and Reports - July 2014 Vol. 5 No. 10

Prev Next Page:

Increase Your Exposure Online With This FREE Google Plus Authorship Plugin

Increase Your Exposure Online With This FREE Google Plus Authorship Plugin

by Joe Karns By now I'm sure you already know the many benefits to running a blog strategy around your business. However, there is an easy (and FREE) way to get... Read more

MARKETING

Tattoos, Technology and Manufactured Housing Sales Growth

Tattoos, Technology and Manufactured Housing Sales Growth

by Jason Brady Before we bought out ManufacturedHomes.com – which was previously a part of SearchCore - one of the big draws for that operation was their tattoo website. Read more

MARKETING

Community Management: The $20,000 Dog

Community Management:  The $20,000 Dog

by Kathleen Bianculli It’s exciting. You just purchased a manufactured home community. It has fifty (50) sites, forty eight (48) of which are occupied by home owning tenants paying $300/month... Read more

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Same Sex Harassment in California

Same Sex Harassment in California

by William “Bill” Hart, JD In Hart King's continuing efforts to bring recent developments in California employment law to our clients who employ workers in the state, we provide this summary... Read more

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

With this ring…

With this ring…

by Nadeen Green, JD June is now just a memory as we continue into the summer of 2014 - the month often associated with weddings by which happy couples are traditionally... Read more

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Is It Really Progress? Manufactured Housing Finance, Dodd-Frank and the CFP…

Is It Really Progress? Manufactured Housing Finance, Dodd-Frank and the CFPB

by Marc Lifeset, JD The Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act”) amended the federal Truth in Lending Act (“TILA”), directly impacting the manufactured housing industry in a... Read more

FINANCING

Why Don’t States Do More to Promote Affordable Housing?

Why Don’t States Do More to Promote Affordable Housing?

by Doug Ryan Since 2005, CFED has promoted manufactured homes as a viable housing opportunity, particularly for low- and- moderate-income families. We have focused on making manufactured housing part of the... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Following-up on Dirty Laundry

Following-up on Dirty Laundry

by Stacey Epperson Earlier this year I wrote about “Dirty Laundry,” the tendency to keep the two million pre-1976 mobile homes in the United States out of sight and out of... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

HUD Code Manufactured Homes and Attached Garages, a Regulatory Update

HUD Code Manufactured Homes and Attached Garages, a Regulatory Update

by Lois Starkey I am following up on a communication I sent to manufacturers in January regarding attached garages.  As you know, late last year it was brought to MHI’s attention... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Louisville 2015…The Road to Success

Louisville 2015…The Road to Success

by Ron Thomas, Sr. The numbers really add up. Think about all of the exciting brand new homes. Think about the 1,561 plus customers who visited in 2014. Think about the... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Time to Pull Ourselves Together

Time to Pull Ourselves Together

by Bob Vahsholtz There’s work to be done. Those of us still involved in housing need to pull up our socks and get the wheels turning in the direction of industrializing... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Taking Inventory in Manufactured Home Communities Today

Taking Inventory in Manufactured Home Communities Today

by Maria Horton As we enter the second half of 2014, we find ourselves taking inventory of goals met, goals yet to be achieved and pondering our new goals for the... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Stacey Epperson, CEO of Next Step, Discusses Affordable Housing and the Ene…

Stacey Epperson, CEO of Next Step, Discusses Affordable Housing and the EnergyStar Manufactured Home Solution – Inside MH

by L. A. 'Tony' Kovach Next Step is a unique organization with a not-for-profit as well as for profit divisions. Stacey Epperson is the President and CEO of both, and she... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Mark Belicky-Carlyle Group, Maria Horton-Newport Pacific, Frank Rolfe and m…

Mark Belicky-Carlyle Group, Maria Horton-Newport Pacific, Frank Rolfe and more at the 2014 MHI Congress and Expo

by L. A. 'Tony' Kovach This 137 second video gives you a snapshot of the personalities and the energy that was found at the 2014 Manufactured Housing Institute (MHI) Congress and... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

“We Need Everyone to fell like its for Everybody” - Dennis Hill video back …

“We Need Everyone to fell like its for Everybody” - Dennis Hill video back story to Tunica and the Successful Return of the Louisville Manufactured Home Show – Inside MH

by L. A. 'Tony' Kovach Every video we do brings unique insights that a motivated professional could put to work to improve their career, location, organization or investments in manufactured housing. Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

“Manufactured Housing Industry Cohesion!” - Paul Bradley, ROCUSA on Cohesio…

“Manufactured Housing Industry Cohesion!” - Paul Bradley, ROCUSA on Cohesion, MHCs they admire, the Value they bring Owners, Residents and the Industry – Inside MH Video Interview

by L. A. “Tony” Kovach Breaking the Stereotypes! Proven Strategies for Profitable MHC Advancement! If there are two phrases that suggest what this interview reveals, those would certainly both apply. ROC... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

“...I kill politicians.” - Attorney Rick Robinson on Manufactured Housing …

“...I kill politicians.”  - Attorney Rick Robinson on Manufactured Housing Lobbying, Writing the Industry “Then and Now” and more – Inside MH Video Interview

by L. A. “Tony” Kovach We enjoy doing and bringing you all of our video interviews, but some are funnier than others. Put this video with Rick Robinson, JD -Vice President... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Inside Manufactured Housing, video interview with Richard “Dick” Jennison, …

Inside Manufactured Housing, video interview with Richard “Dick” Jennison, President and CEO of MH Institute at 2014 Congress and Expo, Caesar's Palace, Las Vegas NV

by L. A. “Tony” Kovach The Manufactured Housing Institute’s (MHI) 2014 Congress and Expo was widely seen as a big success this year, and you'll hear the details of the records... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

A Cup (err...glass) of Beer with...Barry Cole

A Cup (err...glass) of Beer with...Barry Cole

1) Who, What and Where (Your name, formal title in your company and where you are based). Barry Cole, Manufactured Housing Insurance Services (MHIS) Orange, California. Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Inside Manufactured Housing Video Interview: a Behind the Scenes look at t…

Inside Manufactured Housing Video Interview: a  Behind the Scenes look at the Industry with Kathleen Bianculli of  American Insurance Alliance, LLC

by L. A. “Tony” Kovach We caught up with Kathleen Bianculli – American Insurance Alliance, LLC - at the 2014 Manufactured Housing Institute Congress and Expo (C&E) in Las Vegas to... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Are Voluntary Sprinkler Standards Still Needed? Ask the State Executives!

Are Voluntary Sprinkler Standards Still Needed? Ask the State Executives!

 by Bill Matchneer, JD I attended the MHI Summer Meeting in Indianapolis to assist the Manufactured Housing Institute (MHI) with the compliance effort for the new Dodd-Frank valuation rules I worked... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Has everyone written off new manufactured home community development outsid…

Has everyone written off new manufactured home community development outside of the Dakotas?

by Paul Bradley When I talk with friends about new manufactured home community (“MHC”) development, the conversation usually devolves to zoning and planning regulations that don’t permit MHCs or make their... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Ken Segall, Author of Insanely Simple and Apple Marketing Guru, An Inside M…

Ken Segall, Author of Insanely Simple and Apple Marketing Guru, An Inside MH Video Interview

by L. A. “Tony” Kovach We caught up with fabled Ken Segall, author of Insanely Simple, the marketing whiz who was part of the legendary Steve Jobs/Apple success story. Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Newport Pacific Regional Manager, Maria Horton, sounds off on the Professio…

Newport Pacific Regional Manager, Maria Horton, sounds off on the Professional Property Management Option in this edition of - Inside MH

by L. A. “Tony” Kovach Newport Pacific has long been a West Coast powerhouse in the manufactured home communities (MHC) sector. More recently, they've expanded Eastward and have been exploring more... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

The 6 critical factors of employee performance

The 6 critical factors of employee performance

by Tim Connor, CSP During my many years of working with clients worldwide I have come to believe that there are 6 critical factors that determine employee performance and long-term organization success. Read more

MANAGEMENT

ZigOn Community Values

ZigOn Community Values

by Zig Ziglar Ed Shipman is a throwback to those people who believe in free enterprise, independence, hard work, faith, commitment and responsibility. Read more

PERSONAL REFLECTIONS, MOTIVATION and INSPIRATION

Creative selling vs. same stuff, different day

Creative selling vs. same stuff, different day

by Tim Connor, CSP Any time is a good time to sell creatively.  Uncertain economic times are an excellent time to sell creatively. And, poor economic times require that salespeople sell creatively. Read more

SALES

Upcoming Events

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

MHLIVINGNEWS.COM FEATURED HOME OF THE WEEK

Classifieds

Press Releases

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

Call for Nominations for the RV/MH Hall …

Call for Nominations for the RV/MH Hall of Fame Class of 2015

ELKHART, Ind., -- The RV/MH Hall of Fame Selection Committee has issued a call for nominations for the Class of 2015. Darryl Searer, Hall president, said, "The Hall welcomes nominations from all RV and manufactured housing sectors -- manufacturers, dealers, campgrounds, housing communities, suppliers, user groups, trade media, associations, etc -- for the class of 2015 and beyond. "The nomination guidelines and forms available online atwww.rvmhhalloffame.org/pages/nominations.cfm." According to the guidelines, anyone can nominate a person to the Hall of Fame that meets the eligibility requirements. The only people who may not be considered are those who currently serve on the Hall's Selection Committee. To be eligible the nominee must be, or have been, an active participant in any segment of the recreation vehicle, campground or manufactured housing industries for a minimum of 25 years....

the MHMSM Team 08 Jul 2014 Corporate Press Releases

Read more

Southwest Region Manufactured Home Commu…

Southwest Region Manufactured Home Communities Showing Rent and Occupancy Growth, Outpacing National Average, According to JLT & Associates’ 14-Year Market Summary Report

Grand Rapids, Michigan – JLT & Associates (JLT), the nation’s #1 market research company for the manufactured housing industry, today announced a 14-year summary report of its manufactured home community rent surveys for 6 Southwest markets. Recognized as the industry standard for manufactured home community market analysis for over 20 years, JLT Rent Surveys provide detailed research and information on communities located in 72 markets throughout the United States, including the latest rent trends and statistics, marketing programs and a variety of other useful management insights. The most recent JLT Rent Surveys for the Southwest region cover 261 manufactured home communities encompassing 69,728 homesites in Albuquerque, Greater Kansas City, Greater Phoenix, Las Vegas, Tucson and Salt Lake City. This summary report is based on rent and occupancy trends from 2000 to 2014. Findings...

the MHMSM Team 01 Jul 2014 Corporate Press Releases

Read more

RV/MH Hall of Fame 2014 Induction Dinner…

RV/MH Hall of Fame 2014 Induction Dinner Reservations Outpace Last Year's Event

ELKHART, Ind. -- The RV/MH Hall of Fame's Induction Dinner Committee Chairman Mark Wasson (BlueLinx Corporation), reports reservations for the induction dinner honoring the Class of 2014 are running significantly ahead of last year's reservations.   Wasson said, "As of June 19, more than 175 friends and family of the inductees have registered which is more than double the number of registrations for the Class of 2013 induction ceremony by the same date." This year's RV/MH Hall of Fame's annual Induction Dinner will be held on August 4, 2014, at the Hall of Fame's Event Center in Elkhart, Indiana, according to Darryl Searer, president, RV/MH Hall of Fame (Hall). According to Wasson, this year's program begins with a private cocktail party in Champion Hall from 4:00 p.m to 5:30 p.m honoring all the past inductees, board members...

the MHMSM Team 20 Jun 2014 Corporate Press Releases

Read more

Trey Miller Tapped as Chairman of the 20…

Trey Miller Tapped as Chairman of the 2014 RV/MH Golf Classic Annual Fundraiser

ELKHART, Ind., -- Atwood Mobile Products' Aftermarket Sales Director Trey Miller has accepted the position of chairman of the 2014 RV/MH Golf Classic annual fundraiser,  according to Darryl Searer, president, RV/MH Hall of Fame (Hall). Searer said, "We are delighted that Trey has stepped up to lead our golf fundraiser.  Trey will be contacting golfers from the RV/MH industries in the coming months, and I encourage all golf enthusiasts to join us for a fun-filled day and at the same time, help support the Hall.  The Hall's 2014 Golf Classic fundraiser will start at 7 a.m. on Monday, August 4, 2014, with a full breakfast followed by a shotgun start at 8:30 a.m. at the Bent Oak Golf Club in Elkhart.  The awards luncheon begins immediately following the golf tournament. Individuals can sign up as a...

the MHMSM Team 20 May 2014 Corporate Press Releases

Read more

Senate Banking Committee Approves GSE Re…

Senate Banking Committee Approves GSE Reform Bill

On May 15th, the Senate Banking Committee approved legislation (currently unnumbered) on a 13-9 vote that would eliminate Fannie Mae, Freddie Mac and overhaul the nation's secondary housing finance market. The bill, authored by Chairman Tim Johnson (D-SD) and ranking member Mike Crapo (R-ID), now moves to the full Senate. A floor vote this year appears unlikely after several key Democrats on the panel voted against the plan out of concern that it goes too far in eliminating the current system and does not do enough to preserve affordable housing finance options. The bill expands on legislation introduced last year by Sens. Bob Corker (R-TN) and Mark Warner (D-VA) and replaces Fannie Mae and Freddie Mac with a system where the government would explicitly guarantee big losses in the housing market but...

the MHMSM Team 16 May 2014 Corporate Press Releases

Read more

Jobs