From Warren Buffet’s Letter to Shareholders:
Kevin Clayton has again delivered an industry-leading performance at Clayton Homes, the second-largest home builder in America. Last year, the company sold 34,397 homes, about 45% of the manufactured homes bought by Americans. In contrast, the company was number three in the field, with a 14% share, when Berkshire purchased...
Everyone in the business of selling and/or leasing manufactured homes should have written and posted fair housing policies. Such policies not only reduce the risk of suffering the financial loss of a successful fair housing claim, but having them in place is simply good business practice.
A good set of policies informs employees of the organizations commitment to fair housing...
The PBS News Hour recently ran a segment titled "Bad Bargain? Manufactured Homeowners Feel the Financial Strain", as a part of their "Chasing the Dream" series. Apparently, the reporters didn't listen to their own facts and statistics, because they clearly demonstrated that manufactured homes are a fantastic bargain for the consumer, and not the nemesis that they intended. They were apparently...
HUD Administrative Takeover Looming
It is all but assured that the U.S. Department of Housing and Urban Development (HUD) will enter the manufactured housing business in Illinois beginning January 1, 2016.
Changes coming with the new year will include 100% inspection of all new first-time sets of manufactured homes in Illinois, HUD licensure of home installers, additional...
New Office Depot/Office Max®Member Benefit!
Illinois Manufactured Housing Association has partnered with Office Depot and OfficeMax® to bring our members a FREE national discount program.
Up to 80% Off Preferred Products
Providing our members and supporters with a wonderful new benefit program!
Log in to find out more!
HB 2627 “High Risk Home Loan – Personal Property” has been signed into law by Governor Bruce Rauner. This bill brings chattel lending for manufactured homes in Illinois in line with all surrounding states and adopts federal interest caps. The bill becomes...
More than 20 IMHA Members turned out for the Inaugural IMHA Trap Shoot and Regional Membership Meeting. This was an exciting event that was a great and informal opportunity to meet and network with members and directors from across the state. A regional membership meeting which included a regular Board of Directors business meeting was held at The Brandiwine Event Center following the...
IMHA Members & Guests convened the 2015 Conference and Membership Meeting May 21 & 22 at the Pair-A-Dice Hotel in East Peoria, IL. Industry specific seminars, vendors, suppliers and guest speakers provided a wealth of information on hot topics, finance, legislative issues and valuable lessons learned to those in attendance. A little fun was also had by many on hand for the event.
...The IMHA Nominating Committee has presented its Slate of Candidates to serve At-Large on the Board of Directors for the Association and the Bylaw Committee has presented its recommendations for revisions to the Association's bylaws. Both issues will be on the agenda for the 2015 Annual Meeting, May 22nd @ 1:00 PM at the Pair-A-Dice Hotel in East Peoria, IL.
Log in and visit the Members...
Companion legislation to H.R. 650 was introduced in the U.S. Senate to address recent federal regulations implementing the Dodd-Frank Act that do not reflect the unique nature of the manufactured home financing and sales process. The underlying consumer protections of the Dodd-Frank Act will remain in place under this legislation.
"Working families across the country, particularly in...
