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Cavco to Release FinancialsMarketWire 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 [...]

Read more http://www.mhmarketingsalesmanagement.com/blogs/daily-business-news/cavco-to-release-financials/

Daily Business News Briefs

City to Demolish Abandoned Manufactured Homes

City to Demolish Abandoned Manufactured Homes

An order by the Prince George City Council of British Columbia, Canada for the Lombardy Mobile Home Park to clean up unsightly property has only been partially adhered to, so city crews will go in and make sure the remainder of the order is fulfilled. A report indicates abut half the manufactured home (MH) properties […]...

28 Jul 2015

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State MH Associations: New Face in Wis., New Address in Ohio

State MH Associations: New Face in Wis., New Address in Ohio

MHProNews has been informed by Ross Kinzler, Executive Director of the Wisconsin Housing Alliance (WHA) that his Assistant Executive Director, Amy Bliss, has hired Laurie Mercurio as their new communications director. An AMS certified meteorologist, she has been an on-air weather and news reporter at WKOW-TV in Madison, WI. A graduate of the...

28 Jul 2015

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HUD Manufactured Housing Program may Increase State Payments; MHCC to Meet

HUD Manufactured Housing Program may Increase State Payments; MHCC to Meet

Consistent with what the Manufactured Housing Association for Regulatory Reform (MHARR) has been asking for since 2000, MHARR informs MHProNews that the Department of Housing and Urban Development (HUD) manufactured housing program may be increasing payments to State Administrative Agencies (SAAs). Currently, the SAAs receive $2.50 per floor for...

27 Jul 2015

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NASDAQ Falls Nearly One Percent. MHCV Slips under Thousand Mark

NASDAQ Falls Nearly One Percent. MHCV Slips under Thousand Mark

In the news from CNNMoney: China stocks drop eight percent: How might it affect Western economies, especially since Europe is its largest trading partner? Typical American family is 4.8 percent poorer than it was 25 years ago. Identify theft is the biggest consumer complaint. AT&T acquires DirecTV and becomes largest provider of TV...

27 Jul 2015

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Modular Homes Rising in UK Neighborhood Known for Prefab Homes

Modular Homes Rising in UK Neighborhood Known for Prefab Homes

As a means to deal with the high demand for housing in Liverpool, England, Liverpool Mutual Homes (LMH) has begun preparing home sites for 33 eco-friendly modular homes to be placed in Belle Vale in southeast Liverpool. The £3.5 million ($5.42 million) project will consist of 21 modular homes with two bedrooms and 12 with […]...

27 Jul 2015

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Modular Homes Still Rising in Wake of Hurricane Sandy

Modular Homes Still Rising in Wake of Hurricane Sandy

Many people have likely forgotten Superstorm Sandy, as the third anniversary of that devastating storm that ripped up the Eastern Seaboard approaches, but in Connecticut, Westchester Modular Homes of Fairfield County has opened an office in Bethel, CT to continue dealing with the victims of that storm. As courant informs MHProNews, residents are...

27 Jul 2015

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Appeals Court Rules Challenge to CFPB’s Existence can Move Forward

Appeals Court Rules Challenge to CFPB’s Existence can Move Forward

According to reuters, the U. S Court of Appeals for the District of Columbia Circuit has ruled the State National Bank of Big Spring, Texas has legal standing to challenge the constitutionality of the Consumer Financial Protection Bureau (CFPB) as well as the appointment of its director, Richard Cordray. Being regulated by the CFPB gives […]...

27 Jul 2015

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Sunday Morning Recap-Manufactured Housing Industry News July 19-July 26, 20…

Sunday Morning Recap-Manufactured Housing Industry News July 19-July 26, 2015

What’s New in public focused Manufactured HomeLivingNews.com The Hybrid Core – A Different Style Factory Home-Building Process What’s New in Manufactured Housing Industry Professional News As the Dodd-Frank Act hits the five year mark, stories abound how its offspring, the Consumer Financial Protection Bureau, continues to confound the man...

26 Jul 2015

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Temporary Modular Housing being Restricted in Bakken Oilfield

Temporary Modular Housing being Restricted in Bakken Oilfield

The Williams County Commission in Williston, North Dakota voted to adopt new guidelines putting restrictions on new or renewed applications for temporary housing as of August 1, 2015, as willistonherald reports. As the price of oil has fallen and the demand for oilfield workers has subsided, the commission is phasing out some of the temporary...

25 Jul 2015

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The Avoidance of the Rule of Law by Dodd-Frank

The Avoidance of the Rule of Law by Dodd-Frank

Writing in wsj, former Chairman of the Senate Banking Committee Phil Gramm, noting the effects of Dodd-Frank on the banking system, says although the Federal Reserve’s quantitative easing has increased bank reserves, lending has barely risen. The Federal Deposit Insurance Corp. reports that 1,341 commercial banks have closed since 2010, but...

24 Jul 2015

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Dow Falls -163 Points, Most Tracked Manufactured Housing Stocks also Drop

Dow Falls -163 Points, Most Tracked Manufactured Housing Stocks also Drop

In the news from CNNMoney: New home sales fall. Dunkin’ Donuts CEO says $15 minimum wage is outrageous. Anthem Healthcare to acquire Cigna following Aetna’s acquisition of Humana, covering a total of 86 million members. Gates Foundation’s $200 million resulting in malaria vaccine. Meanwhile, the Yahoo Manufactured Housing...

24 Jul 2015

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Featured Articles and Reports - July 2015 Vol. 6 No. 10

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Tips for Hiring the Right Contractor for Your Community

Tips for Hiring the Right Contractor for Your Community

by Kathleen M. Bianculli, CIC Do the steps in your community resemble this photo? NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Terminology 101 - Transgender - Gender Identity, Gender Expression and Fair…

Terminology 101 - Transgender - Gender Identity, Gender Expression and Fair Housing Law

by Nadeen Green, JD Today there is heightened awareness in our country of issues related to gender identity and gender expression. NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

New Consumer Financial Protection Bureau Appraisal Rule, Effective July 18,…

New Consumer Financial Protection Bureau Appraisal Rule, Effective July 18, 2015

21st Mortgage Corporation Update Report Hopefully all of our retailers have been able to attend one or more of the many trade association seminars and everyone is familiar with the appraisal... NSP_READMORE

FINANCING

Triad Financial Services position regarding 7-18-15 implementation of new '…

Triad Financial Services position regarding 7-18-15 implementation of new 'appraisal' rules

by Don Sharp With the above referenced subject being a very hot topic within each Conference/Convention/Annual Meeting this summer, I feel compelled to enlighten all as to my company's position on... NSP_READMORE

FINANCING

About Appraisals on FHA and VA Land Home Manufactured Housing Loans

About Appraisals on FHA and VA Land Home Manufactured Housing Loans

by Cody Pierce Editor's note: the following below is the verbatim response from the President of Cascade Financial Services to a question from MHProNews to his firm about reports that 1... NSP_READMORE

FINANCING

Lobbying Your Congressman and Senator

Lobbying Your Congressman and Senator

by L. A. “Tony” Kovach Let's set aside party distinctions for the next few minutes. Sure they can matter, but as one association leader said, Manufactured Housing – affordable housing –... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Staggering Along

Staggering Along

by Bob Vahsholtz Four or five decades ago if someone had been so morose as to forecast a string of years for the MH industry in which unit sales never exceeded... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Can Your Manufactured Home Business Be Trusted?

Can Your Manufactured Home Business Be Trusted?

by Wayne Coakley When people do a search for your manufactured home business, what are they seeing about you? NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Video - Sam Landy on the value of Trade Shows for UMH Properties Team Membe…

Video - Sam Landy on the value of Trade Shows for UMH Properties Team Members

by L. A. 'Tony' Kovach Sometimes, less is more. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Ron Thomas, Sr. – to President Barack Obama, on Selling over 500,000 new MH…

Ron Thomas, Sr. – to President Barack Obama, on Selling over 500,000 new MHs, Financing and the Greatest Event on the Manufactured Housing Calendar

by L. A. “Tony” Kovach Over the years we have done written and video interviews. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Wally Comer - President of Adventure Homes - On the Manufactured Housing In…

Wally Comer - President of Adventure Homes - On the Manufactured Housing Industry's Evolution,  The Louisville Show and how its different than 20 Years Ago

by L .A. 'Tony' Kovach “It's an innovative, creative growth oriented” industry now. Who says? High-flying Adventure Homes President Wally Comer. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

The Manufactured Home TV-Video Channel – Pathway to Progress and Profits

The Manufactured Home TV-Video Channel – Pathway to Progress and Profits

by L. A. 'Tony' Kovach Let's use infographics to make this timely article easy to understand and to bring the facts presented to life! We will then show you some video,... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

The Manufactured Housing Industry Needs to Embrace the Tiny House Movement

The Manufactured Housing Industry Needs to Embrace the Tiny House Movement

by Ross Kinzler If hindsight is always 20/20, that doesn’t mean it takes 20/20 eyesight to see what’s right in front of us. Across America, the tiny house movement is picking... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Patience

Patience

by Tim Connor, CSP One of the major contributors to stress and therefore illness and even death is the lack of patience. NSP_READMORE

PERSONAL REFLECTIONS, MOTIVATION and INSPIRATION

ZigOn Doing Well

ZigOn Doing Well

by Zig Ziglar I was in Sacramento, CA, and had an hour's delay before my flight left. I walked over to the yogurt shop and ordered my favorite concoction, a mixture... NSP_READMORE

PERSONAL REFLECTIONS, MOTIVATION and INSPIRATION

Upcoming Events

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MHLIVINGNEWS.COM FEATURED HOME OF THE WEEK

Classifieds

Press Releases

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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10,000th home made secure and affordable…

10,000th home made secure and affordable through resident ownership movement

For Immediate Release May 1, 2015 Contact: Paul Bradley, President, ROC USA, LLC (603) 848-3254 CONCORD, N.H. — In less than seven years, ROC USA® has built on a proven strategy of resident ownership in New Hampshire manufactured home communities and scaled it across the country, transforming communities and building a network of 10,000 secure and affordable homes with partners in 14 states. ROC USA is a nonprofit social venture dedicated to making quality resident ownership of manufactured home communities (aka “mobile home parks”) possible nationwide. It works to provide democratic homeowner organizations with the opportunity, training and financing to purchase and manage their communities. Founding President Paul Bradley said ROC USA strengthens the local ownership of communities with the scaled resources and efficiencies of a national organization, coupled with the regional support of a...

the MHMSM Team 04 May 2015 Corporate Press Releases

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