Manufactured Housing News

4/19/2017

Today, at its regular business meeting, the IMHA Board of Directors approved a slate of at-large candidates for election at the 2017 Annual Membership Meeting May 17th, 2017 at the Rosemont Hilton in Rosemont, IL.

According to the Association’s bylaws, “Any member can nominate a candidate to the slate of nominees by making such nomination in writing on their letterhead and sending such...

3/29/2017

The Secretary of State maintains a link on cyberdriveillinois.com that permits one to search for titles or lienholders for a vehicle with the VIN.

This is the only searchable database available for titles or lienholders and the information is only as valid as the last known Illinois title. This may be a particularly valuable resource for mobile/manufactured homes as many times people do...

1/24/2017

The Federal Housing Finance Agency (FHFA) is requesting public input on considerations that Fannie Mae and Freddie Mac (the Enterprises) should include in their determinations of whether to include manufactured homes chattel loans pilots in their Duty to Serve Underserved Markets Plans, and if so, how such pilots could be designed, taking into account policy and safety and soundness...

12/14/2016

The Federal Housing Finance Agency (FHFA) has finalized its 'Duty to Serve' rule which should provide certain credit to Fannie Mae and Freddie Mac for the purchase of chattel manufactured housing loans. The GSEs have not purchased chattel loans for almost a decade.

The Housing and Economic Recovery Act identified manufactured housing as one of three underserved markets which the GSEs...

11/23/2016

A Federal Judge in Texas has issued a nation-wide temporary injunction on implementation of the Obama Administration's new overtime rule, which was set to go into effect on December 1.

The injunction is only temporary. However, the decision by the Obama-appointed Judge signaled a strong likelihood that the court would eventually side with the coalition of business groups and state...

11/14/2016

From MHI News & Updates

Last Tuesday, voters elected Donald J. Trump (R) as the 45th President of the United States. Voters turned out to vote against the establishment in favor of ending the status quo.

Read more - click here

10/17/2016

HUD’s Office of Manufactured Housing Programs has just released a new brochure for Manufactured Home Retailers containing many FAQ’s.

 

To review a pdf copy of the brochure - click here.

10/6/2016

The IMHA Legislative Committee has created a list of candidates for IMHA Members to consider endorsing for the upcoming election. These endorsements are recommended because the candidates have either been very helpful to IMHA in our legislative efforts, are consistently pro manufactured housing when they vote and tend to be pro-business in general. The list was compiled from voting records and...

8/15/2016

Changes in the Act that may affect your business:

·       Provides that the term "employer" includes any entity which employs at least one (1) employee.

·       Provides that leave may be used by an employee who has a family or household member who is the victim of domestic or sexual violence.

·       Provides that leave may be used for the time a victim is experiencing an...

7/25/2016

Community-Based Dealer Licenses to be available by year’s end

In an effort to address substantive changes in the way a majority of manufactured homes are currently marketed and sold IMHA, in cooperation with the Illinois Secretary of State, sought to create a separate category of dealer licensing for Community-Based home dealers to take into account the many unique requirements of...