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B of A: Housing Recovery Happening, as it Heads for the Back Door

NationalMortgageNews tells MHProNews.com Bank of America/Merrill Lynch Global Research analysts say home prices fell 3.2 percent in the second half of last year, but adds prices will bottom out this...

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ELS Enhances Texas Presence

MarketWatch reports Equity LifeStyle Properties, Inc. (ELS) acquired two land lease communities in Texas comprised of 1,765 sites on 175 acres for $25 million cash. Located in the Rio Grande Valley,...

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U. S. Modular Firm Teams with Chinese Counterpart

As marketwire reports, Baltimore-based Algeco Scotsman has inked a joint venture agreement with Beijing Chengdong International Modular Housing Company, Ltd. Under the brand name Algeco Chengdong, the...

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Policymakers should Deal Gingerly with FHA

While many call for the Federal Housing Authority (FHA) to reduce its presence in the mortgage market, it would not be a wise move with purchase loans as low as they are. MHProNews has learned from...

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UMH Properties Receives Reinitiation from Sidoti

Provider of equity research Sidoti & Company LLC has issued a BUY rating for the stock of manufactured housing community owner UMH Properties, Inc. based on its presence in the Utica and Marcellus...

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