Sunday Morning Recap-Manufactured Housing Industry News Jan. 24 -Jan. 31, 2016
What’s New in public focused Manufactured HomeLivingNews.com Not “Beer Cans on Frames,” they’re Modern Manufactured Homes! What’s New in Manufactured Housing Industry Professional News Interview with...
View ArticleWells Fargo was Freddie’s Top MHC Seller in 2015
Following a story MHProNews posted Jan. 14, 2016 regarding GSEs Fannie Mae and Freddie Mac’s multifamily loans for 2015, which totaled just under $90 billion, rebusinessonline reports CBRE was...
View ArticleSunday Morning Recap-Manufactured Housing Industry News Jan. 31 -Feb. 7, 2016
What’s New in public focused Manufactured HomeLivingNews.com Lifestyles of the Rich and Frugal: Manufactured Mansions Take Their Place in the California Sun What’s New in Manufactured Housing Industry...
View ArticleHousing Affordability Rose in Q4 2015
The Housing Opportunity Index (HOI) report released by the National Association of Home Builders (NAHB) and Wells Fargo reveals U. S. housing affordability rose in the final quarter of 2015. Reflecting...
View ArticleBuffett’s Berkshire Hathaway Stake in Wells Fargo nears Ten Percent
As Warren Buffett’s Berkshire Hathaway approaches ten percent ownership in Wells Fargo & Co., mostly through several of Berkshire’s subsidiaries, he will have to pass a Federal Reserve review if he...
View ArticleSunday Morning Recap-Manufactured Housing Industry News March 27-April 3, 2016
What’s New in public focused Manufactured HomeLivingNews.com Realtors and Builders Warm Up to the Wonders of Manufactured Housing What’s New in Manufactured Housing Industry Professional News MA town...
View ArticleDrew Drawing a Bead on Overseas Markets?
MHProNews has learned that Elkhart, IN-based Drew Industries, Inc. announces the refinancing of its revolving credit facility from its current $100 million that will expire in Jan. 2019, to $200...
View ArticleRegulatory Costs for New Home Construction Keep Climbing
According to a report courtesy of HousingEconomics.com, the National Association of Home Builders (NAHB) states that 24.3 percent of the average cost of a new single-family home is the result of...
View ArticleManufactured Home Community Owner YES! Redistributes Assets
YES! Communities, one of the largest owners of manufactured home communities in the nation with 178 communities in 17 states containing over 44,600 residential home sites, has announced it has sold 71...
View ArticleCarlyle Group Secures $115 Million Package
Manufactured home community (MHC) owner/operator Carlyle Group, headed by Ronald Singer, has recieved $115 million loan package to refinance 32 MHCs, per the CommercialObserver. Financed by Wells...
View ArticleNative Americans Rack up $1.7 Billion in Mortgages as of Aug. 11
According to indiancountrytodaymedianetwork, the 2015 Home Mortgage Disclosure Act reveals Quicken Loans of Michigan has replaced Wells Fargo Bank as the top lender to Native Americans with $283...
View ArticleUMH Properties Announces New Mortgage Loan
UMH Properties, Inc. has successfully completed the $16.3 million refinancing of its Fairview Manor community through Wells Fargo Bank, N. A. The loan, from the Federal Home Loan Mortgage Corporation...
View ArticleInvestor Sentiment Better than Expected for UMH Properties
Institutional investors appear to be pleased with UMH Properties Inc. (NYSE: UMH), with 44 managers opening or increasing stock positions. UMH shares have risen 20.27 percent since April of this year,...
View ArticleDodd-Frank, CFPB Deep in Trump Administration Cross Hairs
The goal of the incoming Trump administration with regard to Dodd-Frank has been made clear. “To dismantle the Dodd-Frank Act and replace it with new policies to encourage economic growth and job...
View ArticleU.S. Homebuilder Confidence, November Report
The National Association of Home Builders (NAHB)/Wells Fargo builder sentiment index was released on November 16th and remained unchanged at 63. The index is two points below September’s reading, which...
View ArticleGOP Senators to President-elect Trump: Fire CFPB Head Richard Cordray!
Republican Senators Bob Sasse (Neb.) and Mike Lee (Utah) penned a strongly worded letter to Vice President-elect Mike Pence on Monday, urging President-elect Donald Trump to remove Director Richard...
View ArticleHomebuilder Confidence Numbers Released
In the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released last week, homebuilder confidence in the market for newly-built single-family homes jumped six...
View ArticleAffordable Home Inventory Crisis – Manufactured Housing Center Stage?
New information from the National Association of Homebuilders (NAHB), shows that an elevation in home values, triggered by tight inventory conditions across all housing categories is contributing to...
View ArticleHousing Affordability Remains Strong
The National Association of Home Builders reports 73.7 percent of the new and existing homes sold in the first quarter of 2013 were affordable to families earning the annual median income of $64,400,...
View ArticleBuilder Confidence Regains Three Points
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) composite reports builder confidence rose from 41 in April to 44 in May, as all three indexes that make up the...
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