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(This section auto updates daily)
FHA considers down payment requirements -- The Washington Post - Fri 03/12/10 02:37:39 pm -- The Federal Housing Administration has concluded that its loan volume would have dipped by 40 percent in the next fiscal year and that 300,000 first-time home buyers would have been shut out of the housing market if it had raised its down payment requirements, as critics have pressured it to do, a top housing official plans to tell Congress on Thursday.
Borrowers who take out loans backed...
| Resolving conflicts in Minn mobile home parks -- Twin Cities Daily Planet - Fri 03/12/10 10:53:11 am -- Residents of manufactured home parks would have a potentially faster, less expensive way to resolve disputes under a bill held over for possible inclusion in an omnibus bill.
Rep. Will Morgan (DFL-Burnsville) sponsors HF2353, which would allow park residents and owners to have their disputes heard before an administrative law judge with the Office of Administrative Hearings. Under current...
| How To Calculate The Value Of Your Foreclosure -- by Judson Voss - Thu 03/11/10 09:59:21 pm --
If you are like most investors or homebuyers looking into buying a foreclosed home you are excited about the idea of getting a really good deal on a home. Unfortunately you may also be like many real estate investors and assume that the price the bank has listed the foreclosed home at is a good deal. It must be right, it is a foreclosed home and the bank wants to sell it fast...
| LEED Certified Green Modular Homes Inspired by Country Living -- PRNewswire - Wed 03/10/10 12:14:57 pm --
NEW YORK, March 8 /PRNewswire/ -- New World Home and Hearst Magazines announced today a partnership for the Country Living Collection of historically inspired "country" modular homes that feature USGBC LEED certification. The announcement was made jointly by Tyler Schmetterer, co-founder and chief marketing officer of New World Home, and Glen Ellen Brown, vice president...
| Vanderbilt agrees to refund $2.8 million to N.C. homeowners -- NC Office of the Commissioner of Banks - Wed 03/10/10 11:26:45 am --
March 9, 2010 - Vanderbilt Mortgage and Finance Inc. has agreed to refund $2.8 million to about fourteen-hundred homeowners in North Carolina as part of a state and federal settlement.
According to The NC Office of the Commissioner of Banks the company also will pay a civil penalty of $750,000 to the state and contribute $250,000 to the State Home Foreclosure P...
| Army Goes Modular for Housing -- Business Wire - Wed 03/10/10 11:07:37 am --
Clayton Homes Trendsetter Construction Completes Project at Fort Sam Houston
SAN ANTONIO--(BUSINESS WIRE)--One of the largest residential modular construction projects ever is going up at a U.S. Army base in San Antonio, Texas.
The Army found it could create housing for 1200 military medical trainees faster and more cost effectively b...
| National Manufactured Home Community Rent Survey Summaries -- JLT & Associates - Wed 03/10/10 10:34:01 am --
The following
is a summary of the JLT &
Associates 2009 and 2008 Manufactured Home Community rent
surveys...
| Common Misconceptions about Mobile Home Loans -- by Josh Ladick - Wed 03/10/10 10:16:00 am --
5) Mobile Homes built before 1976 cannot be refinanced
The HUD Code, instituted in 1976, changed the standards of safety and the construction procedures for manufactured and manufactured homes. As such, homes built prior to 1976 were not subject to the HUD Code and are regarded by mobile home investors as a higher risk loan for a defect of a minimum code of const...
| US House Prices are Undervalued Globally -- HOUSINGWIRE - Wed 03/10/10 09:56:28 am -- House prices in the United States are nearly 20% undervalued, especially in the states of California, Nevada, Michigan and Ohio, when compared to global markets, according to a report from independent macroeconomic research consultancy firm Capital Economics.
What’s more, the firm’s US economist, Paul Dales, writes in a separate report that prices will continue to fall, but that this will...
| New York State MHCommunities Rent Surveys Have Been Updated! -- JLT and Associates - Mon 03/08/10 07:38:30 pm --
ATTENTION CLIENTS AND INDUSTRY PROFESSIONALS!
We are pleased to announce that for the fifth consecutive year, manufactured home community RENT SURVEYS are AVAILABLE NOW for the following ...
|
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