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The board of directors at UMH Properties Inc., a New Jersey-based firm that owns and operates 28 manufactured home communities, has declared a cash payout of $0.18 per share for the latest quarter. The dividend is payable on Dec. 15, 2009, to shareholders of record as of Nov. 16, 2009. UMH -- whose properties are located in New York, Pennsylvania, Ohio, and Tennessee as well as in its home state -- has an annual dividend rate of $0.72 per share.

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From "UMH Properties, Inc. Declares Dividend" Reuters (10/06/09)

Daily Business News Briefs

Sunday Morning Recap-Manufactured Housing Industry News Aug. 23-Aug. 30, 20…

Sunday Morning Recap-Manufactured Housing Industry News Aug. 23-Aug. 30, 2015

What’s New in public focused Manufactured HomeLivingNews.com Renters’ Nation: The Dark Side of Dodd-Frank and Its Impact on Affordable Housing Mary Zokoe talks Martin Motor Sports, Community Guidelines, More! Inside MH Road Show Video What’s New in Manufactured Housing Industry Professional News CFPB imposed appraisal rule on HPML loans one m...

30 Aug 2015

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Some Katrina Victims just now Receiving Housing Assistance

Some Katrina Victims just now Receiving Housing Assistance

Ten years after Hurricane Katrina took out some 60,000 homes, the Mississippi Development Authority (MDA) has determined the federal government poured over $3.2 billion into permanent homes for state residents, according to what sunherald tells MHProNews. Former COO for MDA’s disaster-recovery division, Jon Mabry, said, “When we received the...

29 Aug 2015

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Oil Price Drop will Cost Jobs, Reduce Home Values

Oil Price Drop will Cost Jobs, Reduce Home Values

While home values dropped drastically for most of the nation following the housing bubble, the oil-producing states posted housing gains. With crude oil trading at half the price of a year ago, according to nationalmortgagenews, New Mexico, North Dakota, Oklahoma, Wyoming and Alaska may see home prices fall six to 20 percent over the next […]...

29 Aug 2015

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Legos on Steroids for Modular Disaster Housing?

Legos on Steroids for Modular Disaster Housing?

Arnon Rosan is the founder of EverBlock, an adult version of Legos, polypropylene blocks up to a foot long that lock together and stack with raised lugs much like Legos, as wired tells MHProNews. He currently makes them in 14 colors and three sizes with the largest one weighing two pounds, and offers instructions on […]...

28 Aug 2015

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Stock Market ends Week much Less Volatile

Stock Market ends Week much Less Volatile

In the news from CNNMoney: Consumer spending rose three-tenths of a percent in July. Hackers have stolen $1.2 billion from 7,000 businesses in two years. ATM fees rise again. China’s stock market has lost over $3 trillion in one month. Brazil falls into deep depression. Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) gained...

28 Aug 2015

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Title Company Head says Mortgage Disclosure Rules will Delay Home Sales

Title Company Head says Mortgage Disclosure Rules will Delay Home Sales

Ted C. Jones, chief economist and senior vice president for Stewart Title Guaranty Co. in Houston, says financing the buying and selling of houses will be much more difficult when the mortgage disclosure rules go in to effect Oct. 1, as newsok tells MHProNews. “We’re going to continue to have more renters than owners than […]...

28 Aug 2015

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Manufactured Home Code Enforcement in City Hands

Manufactured Home Code Enforcement in City Hands

Following a story MHProNews last posted on Feb. 24, 2015 regarding the closing of the Life O’Riley manufactured home community the previous year, and subsequent forced evacuation of all the residents in ten days because of unsanitary conditions, code enforcement has been moved back from the state to the city. As wlns-tv reports,...

28 Aug 2015

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NYC Students Entering a Modular Home in Solar Decathlon

NYC Students Entering a Modular Home in Solar Decathlon

Undergraduate students at the New York City College of Technology are busy building a modular, environmentally conscious solar home to enter into the U. S. Department of Energy’s Solar Decathlon competition this fall, according to nbcnewyork. The DURA house—diverse, urban, resilient, adaptable—is an open-concept, one-bedroom, net zero wea...

28 Aug 2015

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July’s Pending Home Sales Slow on Short Supply

The National Association of Realtor’s (NAR) Pending Home Sales Index rose 0.05 percent in July to 110.9, according to forbes, 7.4 percent higher than July, 2014 when the index was 103.3. This follows a drop of 1.8 percent in June to 110.3, as MHProNews reported July 30, 2015. (An index of 100 represents average contractual […]...

27 Aug 2015

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Near All Manufactured Housing Stocks Close Up; Dow Gains Strength

Near All Manufactured Housing Stocks Close Up; Dow Gains Strength

In the news from CNNMoney: Oil rises ten percent. Donald Trump says tax the rich more. U. S. Gross Domestic Product rose 3.7 percent in 2nd quarter, stronger than expected. China’s lowered demand for copper hurting U. S. jobs. Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) lost -0.57 percent to close at 892.8. All […]...

27 Aug 2015

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Judge Rules Manufactured Home Community’s Right to Replace Homes

Judge Rules Manufactured Home Community’s Right to Replace Homes

Updating a story MHProNews published Jan. 16, 2015 regarding the city of Pearl, Mississippi’s attempt to prevent a manufactured home community (MHC) from refilling vacated sites with manufactured homes (MH), Madison-Rankin Circuit Judge John H. Emfinger ruled the city does not have that authority, saying the ordinance would destroy the...

27 Aug 2015

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Featured Articles and Reports - August 2015 Vol. 6 No. 11

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Piketty Vs. Rognlie: Land Use Restrictions Inflate Housing Values, Drive We…

Piketty Vs. Rognlie: Land Use Restrictions Inflate Housing Values, Drive Wealth Concentration

by Chuck DeVore Thomas Piketty in “Capital in the Twenty-First Century” frets that wealth inequality will grow because capital’s share of income will grow faster than the economy. Thus, the “1... NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Doctor, lawyer…Indian Chief? Does a Community, Company, Product or Service…

Doctor, lawyer…Indian Chief?  Does a Community, Company, Product or Service Name Create Risks?

by Nadeen Green, JD In my role as Senior Counsel with For Rent Media Solutions™ I actually have more job responsibilities than my (favorite!) role as “Fair Housing Lady. NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Experience and Innovation - Our Industry Needs Both!

Experience and Innovation - Our Industry Needs Both!

by Tom Fath The MH Industry was originally built by entrepreneurs with a dream. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Texas Town Reverses Decision, Votes to Allow Manufactured Housing

Texas Town Reverses Decision, Votes to Allow Manufactured Housing

by Matthew Silver In a July 9, 2015, MHProNewsDaily Business News (DBN) post, the city council of Huntsville, Texas was set to prohibit manufactured homes (MH) from being sited within the city... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Questionable FEMA “Request For Information” Regarding Standardization Of Ma…

Questionable FEMA “Request For Information” Regarding Standardization Of Manufactured Housing Floor Plan Designs

by M. Mark Weiss, JD Attached for your information and review is a copy of a self-explanatory MHARR communication to Federal Emergency Management Agency (FEMA) Administrator W. Craig Fugate regarding a FEMA “Request... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Manufactured Homes + Communities – “An Incredible Message” – Inside MH Vide…

Manufactured Homes + Communities – “An Incredible Message” – Inside MH Video with John Caron

by L. A. “Tony” Kovach We'll let John Caron - whom we interviewed for this episode of Inside MH – tell you about his significant history in manufactured housing, MH Communities... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

How to Track Your Online Reputation

How to Track Your Online Reputation

by Wayne Coakley Misinformation and rumors about your MH business can dominate search engine results. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

New Manufactured Home Charity Launched

New Manufactured Home Charity Launched

by Katie Hauck MHGives, the new manufactured housing industry charity, is designed to bring together people with business skills and expertise to make a difference in the lives of children around... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Manufactured Housing and Achieving Net Zero

Manufactured Housing and Achieving Net Zero

by Steven Lefler Since 2010, Modular Lifestyles has been seeking to build and prove that affordable manufactured homes can reach "Net Zero" quicker than site-built homes in CA. One of our... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

The Lights Are On, But You're Not Home?!?

The Lights Are On, But You're Not Home?!?

by Ron D'Ambra When I first started in code enforcement for our industry, I was handed a desk copy of the "Manufactured Home Construction and Safety Standards,” known as Part 3280,... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

New and Updated Websites for Manufactured Housing – 4 Ways to Make them Pay

New and Updated Websites for Manufactured Housing – 4 Ways to Make them Pay

by Soheyla Kovach Besides everything else that we do, we've been building two of the most popular websites in all of manufactured housing. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Another Cup of Coffee with... – MH Industry Leaders Exclusive Interviews

Another Cup of Coffee with... – MH Industry Leaders Exclusive Interviews

Are you having A Cup of Coffee with… withdrawals this summer? Every month, there are THOUSANDS of hits on the exclusive interviews revisited below! NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

It's All About Happy Customers, Experts and You!

It's All About Happy Customers, Experts and You!

by L. A. 'Tony' Kovach If we had to summarize in a sentence a guiding principle of the Inside MH Road Show, it could start with the headline to this article. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Do you have any “Emotional Deadwood” hiding out in your organization?

Do you have any “Emotional Deadwood”  hiding out in your organization?

by Tim Connor, CSP Just what is emotional deadwood? NSP_READMORE

MANAGEMENT

3 Weekly Wisdom Tips for a better life

3 Weekly Wisdom Tips for a better life

by Tim Connor, CSP Each week I share three simple truths that can help you live with faith, courage, integrity, peace, purpose and success. NSP_READMORE

PERSONAL REFLECTIONS, MOTIVATION and INSPIRATION

Upcoming Events

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MHLIVINGNEWS.COM FEATURED HOME OF THE WEEK

Classifieds

Press Releases

Datacomp Turns New Manufactured Home App…

Datacomp Turns New Manufactured Home Appraisal Rules Into Powerful Retail Sales Tool

Contact: Datacomp800.365.1415www.datacompusa.com Grand Rapids, Michigan – Datacomp, the nation’s largest, independent provider of market-based manufactured home appraisals, has announced the availability of the Datacomp MSRV, or Market-Suggested Retail Value, a comprehensive new home valuation service intended to enable compliance with the new appraisal rules for Higher-Priced Mortgage Loans (HPML), now in effect for most financed manufactured home transactions. “The information needed to order a Datacomp MSRV for a new home transaction can be entered on our website in a matter of minutes,” said Dan Rinzema, President and CEO of Datacomp. “There’s no cumbersome data entry process or specialized knowledge necessary. We’ve made it so anyone in the office can easily order a valuation from their desktop computer, tablet or mobile device.” In addition to developing a Lender Final Sale Certificate that is...

the MHMSM Team 12 Aug 2015 Corporate Press Releases

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CU Factory Built Lending and the new HPM…

CU Factory Built Lending and the new HPML Appraisal Rule for Manufactured Housing

Directed by the upcoming changes in the HPML Appraisal Rule effective July 18th, 2015 and driven to minimize its impact on both our business partners and consumers, CU Factory Built Lending (CUFBL) has developed our approach to compliantly reconciling manufactured home loans under the new HPML Appraisal Rule.  Our plan’s key components are: Non-Qualified Mortgages (non-QM’s) Flexible Valuation Options Business Partner and consumer friendly Compliant   Non-Qualified Mortgages CUFBL, in support of the industry and our members, has chosen to continue to offer non-QM loans. If you recall, Qualified Mortgages (QM’s) are more restrictive in the debt ratio allowed, in the amount of points and fees allowed to be charged, may have more stringent length of employment and income verification guidelines, and documentation requirements for the consumer. We feel this approach to continue to offer non-QM loans...

the MHMSM Team 17 Jul 2015 Corporate Press Releases

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NADAguides New Manufactured Home Price T…

NADAguides New Manufactured Home Price Tool Will Comply With New HPML Appraisal Rule

· NADAguides New Manufactured Home Price Tool was developed to comply with the new Higher-Priced Mortgage Loans (HPML) Appraisal Rule effective July 18, 2015 · New Manufactured Home Price Tool provides an independent third party evaluation report that can be quickly and conveniently pulled and printed from any location · Allows access to new retail prices for new 2014 and 2015 manufacturer floor plans (both HUD and Modular-Coded), including a wide variety of factory-added options · This NADAguides price tool is currently being offered as a free trial of 100 price reports (retail value of $2,100) – offer expires July 17, 2015 NADAguides.com, the largest publisher of the most market-reflective pricing and information available for manufactured homes, announces its New Manufactured Home Price Tool, which has been developed to comply with the new Higher-Priced Mortgage Loans (HPML)...

the MHMSM Team 14 Jul 2015 Corporate Press Releases

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RV/MH Hall of Fame 2015 Induction Dinner…

RV/MH Hall of Fame 2015 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 2015 are running ahead of last year's reservations.  Wasson said, "As of early June 15th more than 153 friends and family of the inductees have registered which is ahead of last year's record pace of registrations." In addition to these reservations, Golf committee chairman Trey Miller is signing up foursomes for the 2015 RV/MH Hall of Fame Golf Classic.  So far 11 companies and individuals have signed on as sponsors for the dinner and golf, according to Darryl Searer, president, RV/MH Hall of Fame (Hall). This year's RV/MH Hall of Fame's annual Induction Dinner will be held on August 3, 2015, at the Hall of Fame's Event Center...

the MHMSM Team 16 Jun 2015 Corporate Press Releases

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RV/MH Museum Unveils Historic Shasta Exh…

RV/MH Museum Unveils Historic Shasta Exhibit

ELKHART, Ind. -- The RV/MH Hall of Fame and Museum's newest exhibit features a retrospective on the evolution of the iconic Shasta brand of travel trailers, according to Darryl Searer, president, RV/MH Hall of Fame (Hall).  The display includes a 1954 Shasta that's been in the museum's inventory for years and a 2015 reissue of a 1961 Shasta Airflyte 16sc, courtesy of Mick Ferkey, owner of Greeneway RV, Wisconsin Rapids, Wisconsin, and a member of the RV/MH Hall of Fame board of directors. While the reissue of a 1961 Shasta Airflyte 16sc has the look and style of the 1960s model, it is fully equipped with modern features and appliances, including a full bath. Searer noted, "Shasta has a rich heritage and is the industry's longest producer of RVs.  The brand has been...

the MHMSM Team 19 May 2015 Corporate Press Releases

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Dodd-Frank and Manufactured Home Financi…

Dodd-Frank and Manufactured Home Financing: The Place Where Good Intentions and Unintended Consequences Collide

"The path to home ownership lay before him, smooth and attainable as never before. All Eric Powell had to do was secure a small loan. He had a steady job, a decent credit score and a wife who happened to work for a bank: What could possibly go wrong?" WASHINGTON, D.C. -- The U.S. Senate Banking Committee will take up a measure that may determine whether millions of low- to moderate-income consumers will be able to buy or sell modestly priced homes. The Preserving Access to Manufactured Housing Act (HR 650 and S 682) addresses the unintended consequences of the Dodd-Frank Act, passed to protect consumers in the wake of the subprime mortgage crisis. According to former Congressman Barney Frank, the act's co-sponsor, Dodd-Frank was never intended to apply to manufactured housing. Yet the...

the MHMSM Team 19 May 2015 Corporate Press Releases

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