New Federal regulations, enacted in the wake of the subprime mortgage crisis, are playing a key role in establishing a class of lifetime renters — all in the name of consumer protection. By Jan Hollingsworth for MHLivingNews.com The old man walked into the dealership in rural Kentucky with solid credit and the air of someone who knew exactly what he …
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Financing is often at the heart of any deal involving a major purchase. Manufactured home sales follows that patten, with some two out of three new homes being sold involving lending. In an exclusive video interview for Inside MH, Sam Landy spoke with us about the upcoming Senate Banking Committee hearing, Dodd-Frank and the Preserving Access to Manufactured Housing Act …
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Your Home Is… “Home is where your story begins.” – Annie Danielson said. “A home is a home,” Next Step’s President and CEO, Stacey Epperson states. “To call it anything else, is simply wrong.” “Most men appear never to have considered what a house is, and are actually though needlessly poor all their lives because they think that they must have …
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“Pencil head, its not a trailer park.” So said Equity Lifestyle Properties (ELS) Chairman and real estate legend Sam Zell to a packed auditorium of manufactured housing professionals, as Zell described previous comments he’s made to potential investors. But “its not a trailer park” isn’t the impression you’d get about proper manufactured home terminology from reading “The Cold Hard Lessons …
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Housing professionals will not want to miss the 2014 Congress and Expo in Las Vegas, Nevada. The Manufactured Housing Institute (MHI) along with National Communities Council (NCC) is hosting this all star event. The 2014 National Congress & Expo for Manufactured and Modular Housing will be held on April 29 – May 1, 2014 at Caesars Palace in Las Vegas, Nevada. The …
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by Rick Robinson, JD When I took over the duties of General Counsel/VP Government Affairs to MHI, I jumped into a firestorm of issues in Congress that consumed most of my time. My study of the industry was done in bits and pieces. Having worked the issue for Congressman Jim Bunning, I had a baseline of (albeit dated) knowledge. Thus …
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1) Who, What and Where: (Your name, town and your formal title at Louisiana Manufactured Housing Association, LMHA). Lenny Kopowski , Metairie, La. , Director of Government Affairs 2) Background: (Educational/Professional snapshot before entering the factory-built housing arena, at or before the Louisiana Manufactured Housing Association – LMHA). I graduated from the University of New Orleans with an Undergraduate Degree …
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by Dave Shanklin CU Factory Built Lending, has wowed our industry with its very popular “Step Rate” loan product and has no plans of ending it anytime soon. The Step Rate loan product offers the borrower a very low rate for the first five years of the loan, which adjusts one-time at the 61st month to a pre-determined higher fixed rate, …
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Individuals and companies were honored for outstanding achievement in the manufactured and modular housing industry at the 2013 National Congress and Expo awards luncheon held in Las Vegas April 17, 2013. Those recognized for their contributions are as follows: LAND-LEASE COMMUNITY OF THE YEAR (Northeast/Mid-Atlantic)—Calverton Meadows, Calverton NY (South) – Oak Ranch, Austin, TX (Midwest) – The Community of Rolling …
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