By Jim Woodard, Kankakee Daily Journal
Most housing analysts are predicting substantial growth in housing activity in 2015 -- much more than has been experienced during the past year.
For example, the Wells Fargo Economics Group's "2015 Economic Outlook," subtitled "A whole new ball game," predicts that the housing market will continue its recovery and gain momentum in 2015 after...
By MHI
HUD's Manufactured Housing Consensus Committee (MHCC) met this week in Arlington, Virginia and completed work on a full agenda of pending items. The MHCC considered a number of recommendations, many of which were proposed by MHI and its member representatives on the panel. The committee, in mostly unanimous votes, adopted the following:
In a letter to its business partners dated November 12, 2014 US Bank has stated its intentions to “exit the Indirect Manufactured Housing business” as “The limited market size and current regulatory environment of the indirect market make it unrealistic for US Bank to reach its growth objectives”.
US Bank will no longer accept credit applications through indirect programs or retailers...
By FEMA
CHICAGO – Cold temperatures, heavy snow, and treacherous ice storms are all risks of the impending winter season.
“Severe winter weather can be dangerous and even life-threatening for people who don't take the proper precautions,” said FEMA Region V acting administrator Janet Odeshoo. “Preparedness begins with knowing your risks, making a communications...
by Cook Witter
US Senate
Senator Richard Durbin (D) was easily re-elected to the United State Senate, but with Republicans taking the majority, he will no longer be the Senate Majority Whip.
US Representatives
The Illinois Delegation will gain two Republican seats with Robert Dold (R) defeating Democratic incumbent Brad Schneider (D) in the 10thCongressional...
IMHA's government relations professional Cook-Witter, Inc. has published a useful overview of the upcoming general election with listings for all state and federal candidates, Illinois' proposed constitutional amendments and advisory questions that will appear on the ballet.
Randy Witter from Cook-Witter, Inc. reviewed the document with the IMHA Board at today's regular business meeting...
Both the House of Representatives and Senate have recessed until after the November elections. Both chambers quickly approved a continuing resolution (CR) to fund government operations through December 11th and then scheduled a lame-duck session of Congress to begin shortly after the elections on November 12th.
The agenda for the lame-duck session will largely be determined by the...
SPRINGFIELD – The Illinois Department of Commerce and Economic Opportunity (DCEO) Monday announced that seniors and people with disabilities can begin applying for winter heating assistance through the Low Income Home Energy Assistance Program (LIHEAP). Under LIHEAP, utility bill payments are made on behalf of certain low-income households containing individuals with health risks.
“Last...
Wind Tests on Manufactured Homes Featured on “Today Show”
By MHI
Several wind tests were recently conducted on HUD Code Manufactured Homes by the Insurance Institute for Business & Home Safety (IBHS), a not-for-profit safety education and risk mitigation organization that is supported by the property insurance industry, and were sponsored by American Modern Insurance for the...
The Illinois House of Representatives adjourned its Spring Session on Friday May 30th 2014, and the Senate adjourned shortly after midnight on Saturday morning, May 31st. While the House and Senate both passed a budget and concluded session on schedule, the “middle-of- the-road” nature of the budget leaves huge potholes to fill and deferred many major, and potentially unpopular, decisions...
