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Cordray Ticks off Achievements to Ticked-off Senators

NationalMortgageNews tells MHProNews.com Richard Cordray, the recess-appointed head of the Consumer Financial Protection Bureau (CFPB), made his first appearance on Capitol Hill at a meeting with...

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Augusta Dogged by Lawsuit

From Georgia MHProNews.com learns ChronicleAugusta reports a pre-HUD Code mobile home that caught fire in the middle of the night in 2006 and took the lives of a young couple spawned several lawsuits...

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City Council Rejects Site Rent Increase

As follow up to a story we posted Aug. 13, 2012 concerning Cameron’s Mobile Estates in Santee, California attempt to raise rents in their 303 site community by an average of $422. to $557, utsandiego...

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Housing Crisis Tab: Nearly a Year’s GDP

HousingWire reports Ann Fulmer, with fraud analytics firm Interthinx, said the nation’s housing meltdown, with all the mortgage-backed securities litigation, bailouts, lost home equity, and lawsuits...

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Home Builders Want to Evaluate Legislative Proposal

In a letter to the U.S. Speaker of the House of Representatives John Boehner, the National Association of Home Builders (NAHB) expresses concerns with H.R. 4212, the Contaminated Drywall Safety Act of...

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CFPB Issues New Mortgage Rules

The long-anticipated set of mortgage rules, including the qualified mortgage, promised by the Consumer Financial Protection Bureau (CFPB) have finally been released, according to CNNMoney. Designed to...

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NAHB President Responds Favorably to QM Rule

Responding to the qualified mortgage rule issued by the Consumer Financial Protection Bureau (CFPB), the National Association of Home Builders’ (NAHB) president, Barry Rutenberg noted the balance...

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MHC Owner Wins Right to Sell Sites

As follow-up to a story we last posted May 17, 2011 whereby the U.S. Supreme Court confirmed a lower court’s ruling that rent control at Rancho Mobile Home Estates in Goleta, Calif. is constitutional,...

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Local Government May Disapprove of Community Conversion

California Assembly measure SB 510 would allow a local government to disprove of the conversion of a manufactured housing community to another use if a majority of the community residents do not...

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