On Tuesday, August 10, MHI held one of its regularly scheduled conference calls with MHI member state association executive directors. Over 30 state associations participated on the call.
Click here for the call Briefing Packet.
Included in the call were discussions on the August Congressional recess and the opportunities to advance the industry’s issues in the House and Senate Members’ districts during the break.
SAFE Act
MHI is seeking co-sponsors for the Secure and Fair Enforcement for Mortgage Licensing Act (SAFE) of 2008 and a member of the Senate to introduce companion legislation. Members have been asked to urge their members of Congress to take action on the industry’s behalf. In addition, MHI staff and members met with the Conference of State Banking Supervisors (CSBS) and HUD last week as a follow-up to the letter submitted by House Financial Services Committee Chairman Frank and Ranking Member Bachus communicating the adverse impact the SAFE Act is having on the manufactured housing industry which was not the intent of Congress, and urging HUD to consider issuing clarifying guidance to assist the states and the industry on activities which should not be construed to trigger SAFE Act licensing activities. MHI will be working closely with members as this develops.
If you are a member and have questions, contact MHI Vice President of Government Affairs Jason Boehlert at This e-mail address is being protected from spambots. You need JavaScript enabled to view it .
FHFA Duty to Serve
The FHFA has received over 1,000 comments on its Proposed Rule on Duty to Serve Underserved Markets with many of them coming from the manufactured housing industry and residents of manufactured homes demanding they reconsider the position not to include personal property loans. State associations were encouraged to request that their Congressional delegations send comments to FHFA in the form of letters even though the comment period has ended.
If you are a member and have questions, contact MHI Vice President of Government Affairs Jason Boehlert at This e-mail address is being protected from spambots. You need JavaScript enabled to view it .
Energy Issues
Updates were given on the legislation to provide energy efficient tax credits of $7,500 to owners of pre-76 manufactured homes that purchase new Energy Star manufactured homes, a decommissioning amount of $2,500 for disposing of the old home, and the possible usage of $6,500 in weatherization funds to assist the homeowner in making the purchase. Staff encouraged state associations to contact their members of Congress while they were home on break to seek more co-sponsors for the legislation, S. 1320.
If you are a member and have questions, contact MHI Vice President of Political and Legislative Affairs Rae Ann Bevington at This e-mail address is being protected from spambots. You need JavaScript enabled to view it .
HUD/COSAA Meeting
Finally, HUD has called a meeting of Council of State Administrative Agencies (COSAA) which will be held September 14-16 in the Washington, DC area. This will be the first meeting of COSAA in nine years. This is an open meeting, and MHI members and state association executives participation is extremely valuable.
If you are a member and have questions, contact MHI Vice President of Regulatory Affairs Lois Starkey at This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

CNNMoney reports continuing concerns about the possible fallout if Greece has to pull out of the Eurozone, and tepid domestic economic data produced mixed results in U.S. stocks. The Dow Jones Industrial Average did manage a very modest gain, +0.27 percent, 33.6 points, to close at 12,529.75. The Nasdaq fell -0.38 percent to 2,839.38, while [...]...
24 May 2012
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ArchitectureandDesign reports from Inverloch, Victoria, on Australia’s rocky southeast coast, Archiblox has created a modern, sustainable modular home that maximizes sea views to the south while minimizing the effects of the cold winds that also come from that direction. Electric awning windows at the top of the entryway stairs act as a...
24 May 2012
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MarketWire states Phoenix-based Cavco Industries, Inc. (CVCO) will announce its fourth quarter fiscal 2012 earnings Tue. May 29, 2012 after the market closes. Senior officials will discuss the report in a live webcast the following day, Wed. May 30 at 12:00 noon Eastern time. Cavco is the second largest producer of manufactured homes in the [...]...
24 May 2012
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KnoxNews in Knoxville, Tennessee, tells MHProNews.com the Partnership Initiatives Fund, a branch of the Knoxville Chamber of Congress, is promoting a TV ad campaign supporting the addition of $35 million to the mayor’s education budget. The schools had asked for the funding to improve the schools, but Knox County Mayor Tom Burchett does not...
24 May 2012
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TheDailyReview of Towanda, Pennsylvania reports the Waverly Village Trustees in Tioga County, just across the border in New York, updated their definition of manufactured and modular homes. The previous legal definition written in 1988 for “mobile home” was a portable structure on wheels, but intended for long-term living. The new definition sta...
24 May 2012
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BostonGlobe reports for the first time in seven months, prices for single-family homes in Massachusetts rose modestly, 1.1%, as the median price hit $275,000 in April, according to Boston real estate company Warren Group. The number of single-family homes sold in April rose almost 22 percent over April 2011, marking the third consecutive month of...
24 May 2012
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NationalMortgageNews says there were 2.4 million homes for sale at the end of the first quarter, 20 percent fewer than a year ago, which has helped stabilize prices for now. However, the 2.2 million homes in the process of foreclosure, and another 1.7 million homes where the owners are three or more payments behind may [...]...
24 May 2012
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OriginationNews says the Census Bureau reports new home sales rose 3.3 percent in April following a 7.3 percent drop in March. MHProNews.com has learned sales of new single-family homes rose to a seasonally-adjusted annual rate (SAAR) of 343,000 in April from a 332,000 mark in March, besting Wall Street analysts who had predicted 330,000 to [...]...
23 May 2012
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CNNMoney reports the Dow Jones Industrial Average, after brushing with 12,325.00 during the day, climbed back in the last half hour to close at 12,496.15, losing a mere 6.66 points, -0.05%. The weakness in tech stocks and fears of Greece leaving the Eurozone fueled investors’ fears. The Nasdaq gained +0.39 percent to 2,850.12, while the [...]...
23 May 2012
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In 1970, 30 years after Sears ceased offering prefabricated housing, Shelter-Kit of Tilton, New Hampshire began offering small homes and cabins that could be assembled by aspiring homeowners with no construction experience. MarketWatch tells MHProNews.com customers can choose from a wide variety of options in designing their home, including...
23 May 2012
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Forbes reports on the heels of Universal Forest Products, Inc. (UFPI) strong first quarter 2012 results, whereby Q1 2011 showed a loss of -0.19 per share to first quarter 2012 return of +0.21 per share, and the recent acquisition of MSR Forest Products LLC, Zacks issued a #1 Rank (Strong Buy) for the stock. Zacks [...]...
23 May 2012
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by Katy Weldon Something amazing is happening to older mobile and manufactured homes in certain areas of California. They are in demand! Mobile and manufactured homes built in the 1970’s and 1980’s... Read more
MARKETING

by Jeff Templeton A recent study found that the average American sees approximately 1600 advertisements a day. In a single day! Those ads are seen online, in newspapers, magazines, billboards, TV,... Read more
MARKETING

Featured Articles and Reports for Vol. 3, No. 8, 2012 Alphabetically by Category COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL) • “What’s in a Name?” by Nadeen Green, JD The fact that you are reading MHProNews.com to... Read more
index

by Chrissy Jackson Simply put, a budget is a tool. When effectively used, this tool can enable you to have a manufactured home land lease community that is financially sound. A... Read more
COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

by Nadeen Green, JD The fact that you are reading MHProNews.com to gain insight into the manufactured housing industry shows that you are engaged and embracing the world of online information... Read more
COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

by Andrew Peters It’s easy for professionals in the housing industry to forget just how extensive the language of mortgage lending can be. We’re often quickly reminded, however, when we try... Read more
FINANCING

by John Merchant, JD Many manufactured home communities and some MH retailers have – over the years – created their own notes. The following is an outline of the things and... Read more
FINANCING

by Kurt D. Kelley, J.D. For the last six months, I’ve served on The Woodlands, Texas Chamber of Commerce Health Care Program Committee. These efforts culminated on April 27th with a... Read more
GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

by George Porter A Manufactured Home is a more complicated piece of engineering than most other homes. Our building code makes us have a multi-purpose chassis. Strangely, we don’t move all... Read more
GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

by Margaret Clark (Editor's Intro: The following is a letter written by manufactured home community owner Margaret Clark to KWWL-TV reporter, Kera Mashek. Ms. Clark was writing in response to a... Read more
GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

by L. A. 'Tony' Kovach Trade media exists because there is a need to communicate facts and ideas relative to the industry being served. A robust online trade journal (e-zine) complements... Read more
GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

by L. A. 'Tony' Kovach If a picture is worth a thousand words, then there are tens of thousands of words captured in the photos that follow. The Manufactured Housing Institute... Read more
GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Caesar's Palace, Las Vegas, NV - April 11, 2012. Members of the manufactured and modular housing industries gathered today at an awards luncheon to recognize individuals and companies for outstanding... Read more
GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

by L. A. 'Tony' Kovach Manufactured home trade shows are a wonderful way to bring products and professionals together in one place. The home shown in this photo gallery carousel below... Read more
GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

by Tim Connor OK, have you figured it out or are you just waiting for my take on this topic? Come on – give it some thought – it might prove... Read more
MANAGEMENT

by L. A. 'Tony' Kovach If you are holding a smartphone, an iPad or are looking at a laptop, etc. you already know the answer to this article's headline's question. But... Read more
MANAGEMENT

by Tim Connor, CSP If you are not aware of the simple fact that fear is the major contributor to stress, illness, failure, worry and a whole host of other negative... Read more
PERSONAL REFLECTIONS, MOTIVATION and INSPIRATION

by Zig Ziglar Several years ago I was teaching a Sunday school class at First Baptist Church in Dallas, Texas.Recalling G. K. Chesterton's paradoxical “Anything worth doing is worth doing badly,”... Read more
PERSONAL REFLECTIONS, MOTIVATION and INSPIRATION

by Tim Connor I just finished reading for the fourth time - one of my favorite books, The Power of Patience by M. J. Ryan. As I was reading, it struck... Read more
SALES

by L. A. 'Tony' Kovach Let's begin a periodic series of articles on some classic – but often unused or overlooked – sales tips and strategies. We will begin with the... Read more
SALES