On 2.27.2023 the following emailed message from the Manufactured Housing Institute (MHI) was forwarded to MHProNews as a news tip. The MHI message to members and followers in an MHI “Housing Alert” which has the headline: “Supreme Court to Take Case Challenging CFPB’s Funding.” In an era in America where apparent hypocrisy, paltering, posturing, “deception and misdirection” are regrettably common, they are also often an apparent example of one finger pointing outward while three more are pointing back at the accuser. The case has been fashioned in agreement and disagreement with the challenge to the Supreme Court on the funding for the CFPB is a legitimate legal debate. Those arguments are what “the Supremes” will consider and decide. MHI’s take on that will be Part I of this article. Part II explores additional information with more MHProNews expert analysis and commentary. Part of that commentary will ask the simple question: every time MHI raises a legal question, such as this one, why isn’t the obvious follow up question being asked? Why is MHI itself not robustly, sincerely, and effectively applying their own implied logic by pursuing litigation to get the manufactured home industry’s rights under federal law fully and properly enforced? Put differently, why is MHI inconsistent between their words and their behaviors? Another aspect of Part II will briefly be a call to action for successful and resourceful contingency attorney ‘champions’ to step forward and sue often deep pocketed organizations, who often operate in the MHI orbit, for their failure to perform their fiduciary and other duties to shareholders and members? Potentially hundreds of billions of dollars could arguably be up for grabs. Part III of today’s report will be the Daily Business News on MHProNews’ recap of the data and graphics on dozens of manufactured housing connected equities plus a left-right ‘market moving’ headlines from CNN (left) and Newsmax (right).

Part I

On 2.27.2023 the Manufactured Housing Institute (MHI: a.k.a. satirically known as the Manufactured Hypocrisy Institute, the Monopolistic Housing Institute, the Machiavellian Housing Institute, et al) sent out the following message to members and industry readers.  “Subject: Supreme Court to Take Case Challenging CFPB’s Funding.” Note that quoting MHI should not be construed as an endorsement of that trade group.  Under their oversized logo was the following.

 

The Supreme Court has announced it will hear arguments in a case challenging the constitutionality of Congress’ decision to use the Federal Reserve to fund the Consumer Financial Protection Bureau (CFPB). To make sure the CFPB would be independent, Congress put the agency outside the appropriations process and instead gave it automatic funding from the Federal Reserve. This action by the Supreme Court follows a ruling in October by the U.S. Court of Appeals for the 5th Circuit which said that mechanism violated the Constitution and that the funding instead should be appropriated by Congress from the U.S. Treasury. The Biden administration appealed this lower court ruling asking the Supreme Court to hear the case. The Supreme Court will hear oral arguments and decide the case during the next term, which starts in October. The Supreme Court previously ruled on the structure of the CFPB in a 2020 case, when it found the Congress violated the separation of powers when it put a single director in charge of enforcing consumer protection laws while the president could only fire that director for cause. If the Supreme Court rules Federal Reserve funding for the CFPB is unconstitutional, this would probably have to go back to Congress, which could then impose changes on CFPB authority and practices if it decides to substitute a different funding source. The Supreme Court will also have to resolve the legality of prior actions the CFPB has taken if the Court finds they were taken during the period the Bureau was unconstitutionally funded. MHI will be monitoring this case closely. If you have any questions, please contact MHI’s Policy Department at MHIgov@mfghome.org or 703-558-0675.

Part II Additional Information with More MHProNews Analysis and Commentary

One must keep in mind that some of the wealthiest and most connected conglomerates on earth have members that are connected with MHI. Additionally, MHI has several multi-billion dollars in market value corporate members.  If MHI seriously wants to get something done in Washington, D.C., they certainly have the resources and connections to do so.

That said, the CFPB was a key issue for MHI since shortly after Dodd-Frank was enacted and the Consumer Financial Protection Bureau (CFPB) was created.

This report is not, per se, a commentary on the CFPB or its funding.  The question of the constitutionality of the funding for the CFPB has obviously made it to the docket of the highest court in the land.

What will be the focus of what follows is the apparent dichotomy between MHI’s statements and behaviors over the past decade plus years.

That said, and to set the stage properly, some background and disclosures are warranted. It is difficult not to ‘go gonzo’ for part of this next portion of the report, because MHProNews and this writer were interwoven into what unfolded for a dozen or so years.

As a disclosure, for some 7 years, this publication’s parent company was an MHI member. MHI routinely provided their content to MHProNews directly, as did the Manufactured Housing Association for Regulatory Reform (MHARR). Additionally, for years, MHI’s leaders would respond to inquiries by MHProNews directly and routinely in a timely manner.  That said, much of that began to change as MHProNews experienced a type of epiphany about MHI. As a result of a tip from an executive at what is still believed to be an MHI member firm, that executive drew attention to a CSPAN video that MHI was using as part of their promotion for passage of legislation they were supporting that was known as the Preserving Access to Manufactured Housing Act. “Preserving Access” was supposed to be a do or die issue, as the following remark by Tim Williams, President and CEO of Berkshire Hathaway owned 21st Mortgage Corporation said. Williams led 21st Mortgage is a sister brand for Clayton Homes, which is also owned by publicly traded Berkshire Hathaway (BRK). For years, as a pro-growth, pro-consumer, pro-manufactured housing trade publication, MHProNews zealously supported the enactment of MHI backed Preserving Access. A look back at articles from previous years while Preserving Access was in play will reflect those statements.

 

But when it became apparent that MHI had selectively chosen information from a Senate hearing on Preserving Access, and had effectively made an effort to mislead their own members, MHProNews publicly and editorially called for the resignation or termination of then president and CEO Richard “Dick” Jennison and then senior vice president Lesli Gooch, who were apparently responsible for those arguably misleading communications to MHI members. MHProNews issued evidence-based reports with commentary that spotlighted that initial and then subsequent disconnects between what MHI’s top staffers were saying and doing.  Following the ‘aha moment’ of realization that MHI was apparently paltering and deceptively posturing efforts for a bill that they should have known would not pass during the Obama-Biden Administration. Why was the legislation doomed? While some Democrats had signed onto supporting the bill, the majority did not support changing a law that Democrats had championed. Furthermore, then President Obama said if the bill would ever somehow manage to reach his desk he would veto it.

 

As it became apparent that there were several such logical inconsistencies, MHProNews – which had during that era MHI members and MHI itself as periodic sponsors – did what sincere and credible trade media is supposed to do. We provided the updated understanding of the realities as opposed to the previously errant understandings as the evidence began to emerge.  Here is how the Society for Professional Journalists (SPJ) Code of Ethics frames the duties for journalists who realize that they have goofed in a prior report(s).

 

 

As MHProNews’ parent company leadership began to grasp that MHI was apparently being used as a tool for misinformation, a series of discoveries came into focus. For instance, MHI’s prior chairman and longtime board member, Tim Williams – who was and remains the CEO of Berkshire owned 21st Mortgage – provided MHProNews with a PowerPoint he showed to members during an MHI meeting. That PowerPoint included this frame. The arrows, comments and boxes highlighting parts of the text are by MHProNews, but the base image about “Threats and Challenges” to manufactured housing were by Williams, whose photo was added by MHProNews to the collage below.

 

 

These are apparent examples of the truth hiding in plain sight.  No one at MHI is known to have raised some of these issues in the fashion that this writer and MHProNews did. After years of praise by Williams and MHI leaders of MHProNews as an objective and reliable source of information for manufactured housing, MHProNews’ parent company was suddenly booted from membership via an unsigned letter and a refund for that year (not previous years) membership dues.  There was no allegation made in that letter that MHProNews had violated any rule. Their unsigned letter simply claimed that there was no membership category for MHProNews, which appears to be a spurious claim, as others who did publishing and consulting remained on as MHI members.  Note that in the waning months of MHProNews’ membership at MHI meetings, the following sign was posted at MHI meetings. It was an inside joke at the time that the sign was no-so-subtly aimed at chasing MHProNews away without directly saying so.

Nevertheless, at industry events, this writer was a popular presenter. Our publication was and remains the largest and most read trade media, despite apparent efforts by MHI connected individuals to undermine us in the wake of our revelations to the manufactured housing industry’s professionals of the apparent disconnects and lack of effectiveness between MHI’s remarks and behavior.

As another former MHI VP, who became the founding president and CEO of the Manufactured Housing Association for Regulatory Reform (MHARR), told MHProNews recently, there are several apparent disconnects between what MHI says and what they do.

 

Danny Ghorbani – Manufactured Housing’s ‘Elephant in the Room,’ per Prior Manufactured Housing Institute Chair, Exclusive Q&A on Key MHIndustry Issues, plus Sunday Weekly MHVille Headlines Recap

 

Nor is it only this publication and MHARR that expressed such concerns about MHI. A former MHI award winner, and two former MHI state affiliates broke ranks with the national MHI association over their questionable patterns of behavior.   Note that in the case of MHI award winner Marty Lavin, after years of his periodic and public critiques of the organization and some of their prominent member’s behavior, has apparently been scrubbed from the public side of the MHI website.  It seems that MHI does not like being critiqued. An MHI outside attorney has said as much.

 

 

Given repeated opportunities for MHI, or their attorneys, to respond to such evidence-based allegations, MHI and their attorneys decline comment.

 

 

MHI’s dominating brands are often the ones that have been accused by residents, consumers, and public officials – among others – of unethical and predatory behavior.

 

 

Part II b. Gaslighting and Charades

The case can be made that if not for an intrepid few among MHI members who are willing to keep MHProNews informed about the trade association’s seemingly self-contradictory claims and behavior, or the stalwart efforts of MHARR and their members, the gaslighting and manipulative tactics could well be even more effective than it has been in the past.  But thanks to occasional or routine tipsters, combined with the open efforts of MHARR, the motivations and apparent charade and gaslighting occurring in MHVille has been steadily exposed.

 

 

When reports by Bloomberg and the Washington Post, or Pew Research, or the Urban Institute – among others – are carefully unpacked, it is difficult for objective thinkers willing to explore the facts and evidence are hard pressed not to see what MHProNews eventually stumbled upon.

 

‘The U.S. Can Solve Its Housing Crisis – It Just Needs To Start Building’ Bloomberg, Washington Post Want More Manufactured Housing in 2023! Plus 2022 Year in Review, Sunday MHVille Weekly Headlines Recap

Pew Research Manufactured Home Financing Data Reveals Harm from Enough Federal Lending Shuts Out Many Prospective Buyers-Concerns on Berkshire Owned MHLenders, Manufactured Housing Institute

 

Namely, that MHI was deftly coopted some years ago by consolidators but continues to claim and posture that they work for all segments of the manufactured housing industry.

 

As noted, it isn’t just those named herein that have made such claims. There are others from across the left-right spectrum that have accused the few insiders of manipulating the system in a manner that benefits MHI insiders/consolidators.  A look at publicly traded company statements, firms that are MHI members, illustrates the disconnects between MHI’s claims and MHI’s behavior.

 

Notice: the graphic below can be expanded to a larger size.
See instructions below graphic or click and follow the prompts.

 

Over $1 Million! Manufactured Housing Institute Doc Drop! Top MHI Staff Pay Revealed. Additionally, Unpacking Evidence of Perjury, Fraud, Other Possible Federal Crimes; plus MHVille Stocks Update

 

As MHProNews editorially pointed out weeks ago, no one could be as incompetent as MHI’s leaders, IF they were sincerely trying to expand manufactured housing during an affordable housing crisis.  A legal outsider looking came to a similar conclusion.

 

 

Years of evidence that demonstrate that manufactured housing could be growing in a robust fashion are routinely missing from the MHI website. Why is that so? Is it mere oversight? Coincidence? Or is MHI hiding potentially useful information that might attract newcomers into the manufactured housing industry as independents that would want robust growth?

 

Official HUD Manufactured Housing Production Facts for Dec 2022 plus 2022 Year End Totals Explored by Manufactured Housing Association for Regulatory Reform (MHARR)-“Millions” Needed – Analysis

 

When months of public pressure by MHARR and MHProNews reports and commentary apparently caused MHI to finally pivot and do what they ought to have done circa June of 2022, namely, file suit against the Department of Energy (DOE) energy rule, MHI then opened themselves up to the obviously related questions. When are they going to file suit to get the Manufactured Housing Improvement Act (MHIA) of 2000 and its enhanced preemption provision enforced? When will they sue to get the Duty to Serve (DTS) enforced?

 

MHI ‘Special Bulletin’ DOE MH Energy Regs Lawsuit ‘Effort to Ensure Consistent Industry Message,’ Will Manufactured Housing Institute Launch More Suits? Plus Sunday Weekly MHVille Headlines Recap

 

The illustration below was uploaded on October 24, 2020. It sums up the obviously contradictory behavior that MHI’s leaders have engaged in.

 

 

For MHI to effectively pretend that MHARR, or MHProNews/MHLivingNews don’t exist is part of their apparent effort to create an echo chamber that focuses on their narrative as opposed to positions, people, or organizations that see matters differently.

 

The Need for Public Officials to Investigate 

MHARR has publicly called for investigation by Congress of the failure of key agencies from implementing manufactured housing industry supportive legislation that were enacted by widely bipartisan bills in Congress some 15 and 22+ years ago.

 

 

That noted, it should be said that state officials could probe these same issues.  Just as several state attorneys general and/or other state officials, have been probing concerns over ESG and big business, something similar could be done to probe how affordable manufactured housing is being manipulated by some of those same conglomerates.

Riley Moore-Blackrock & Woke Capitalism ‘Economic Extortion’ ‘Could Destroy U.S. Free Market Capitalism’ May ‘Violate Fiduciary Duty to Shareholders, Antitrust Laws;’ Plus MHVille Stocks Update

The Open Door for Successful Contingency Law Firms to Investigate and Litigate Apparent Violations of Fiduciary Duties, Antitrust, RICO, and Other Laws/Regulatory Standards

Warren Buffett’s Pledge to Kevin Clayton – ‘You Can Access Plenty of Capital’ for Projects – Quotes, Facts, Video, Transcript, and Implications for Manufactured Housing Industry

$200+ Billion Case Against Warren Buffett, Berkshire Hathaway, Kevin Clayton, Clayton Homes, Et Al – Outline, Analysis – Plus, Sunday Manufactured Home eekly Headlines Review

Manufactured housing has become a target rich environment for honest and motivated public officials and/or litigators to probe on how purported misbehavior has cost shareholders, taxpayers, and millions of affordable housing seekers from achieving their part of the American Dream. To learn more, see the linked and related reports.

Notice to new readers: according to data supplied by Webalizer:

• data on 19-Dec-2022 06:15 CST indicated that the typical visitor of MHLivingNews engages with some 7.46 pages viewed per visit. Visitors have logged millions of page views annually on MHLivingNews.
• Well over 13 million pageviews has been reported by Webalizer on the largest the baker’s dozen cPanels on MHProNews in 2022. Per that same source, there is an average of some 10.75 pageviews per visitor to MHProNews, a rate several times greater than a number of mainstream media reports according to published online metrics.
• By way of comparison, on this date, SimilarWeb reports that CNN.com has: 2.33 pages per visit. Fox News on this date reportedly has 3.83 pages per visit. Put differently, MHProNews and MHLivingNews have double or more engagement per visitor as measured by pages per visit and the sources as noted.  No one in manufactured housing trade media even comes close. Compare that data to what “MHI Endorsed” MHVillage/MHInsider experienced.

MHVillage – Endorsed by Manufactured Housing Institute (MHI), ‘Information Key at MHVillage’ Fact Check ‘Best Data and Info from Around Country’-Clayton, Cavco Insights- Plus MHVille Stocks Update

Years of painstaking research and reports, largely unchallenged by MHI and their mouthpieces, have stood the test of time. The only public ‘debates’ of these concerns have favored the  fact-backed MHProNews editorial thesis.

The bottom line for today is simple. The manufactured housing industry ought to be soaring during an affordable housing crisis. MHI leaders and members have said the same. Which begs the question, why is the industry then struggling?  One finger points out, while three point back at several of MHI’s key players.

Notice: the graphic below can be expanded to a larger size.
See instructions below graphic or click and follow the prompts.

 

Clayton-Next Step Off-Site Built ‘White Paper’-Manufactured Homes, ThinkND ‘Magic of the Mind-Everyday Illusion, Misdirection, Deception’ MHI Members’ Claims Analyzed; plus MHVille Markets Update

Consider NAACP Resolution on Reversing Impact of Restrictive Zoning and Highways on Fair Housing; Black NFL Star Turned Congressman Burgess Owens Take on NAACP; plus MHVille Stocks Update

‘Killing’s as Easy as Breathing’ ‘Bad Guys Know More Games’ Warren Buffett Annual Berkshire Hathaway Letter, Clayton Homes, 21st, VMF-Manufactured Home Loans-Compelling MHVille Expert Views

After Admitted Failure, Manufactured Housing Institute Doubles Down on CrossMods® in AP Terminology Doc Acquired by MHProNews–Are MHI Leaders Sabotaging MHVille Independents? Plus MHStocks Update

‘U.S. Should Break Up Monopolies’ Democrat Robert Reich Guardian Plan Would Hit Clayton Homes, Skyline Champion, and Cavco Industries with Costly Antitrust Lawsuit – Statements, Facts, Analysis

Legal Action Filed on DOE’s Manufactured Housing Energy Rule

 

Part III. Daily Business News on MHProNews Markets Segment

The modifications of our prior Daily Business News on MHProNews format of the recap of yesterday evening’s market report are provided below. It still includes our signature left (CNN Business) and right (Newsmax) ‘market moving’ headlines. The macro market moves graphics will provide context and comparisons for those invested in or tracking manufactured housing connected equities.

In minutes a day readers can get a good sense of significant or major events while keeping up with the trends that are impacting manufactured housing connected investing.

Reminder: several of the graphics on MHProNews can be opened into a larger size. For instance: click the image and follow the prompts in your browser or device to OPEN In a New Window. Then, in several browsers/devices you can click the image and increase the size. Use the ‘x out’ (close window) escape or back key to return.

 

 

Headlines from left-of-center CNN Business – from the evening of 3.1.2023 

• The gender gap persists
• Here’s why it hasn’t narrowed much in 20 years
• Mike Lee says his personal Twitter account was suspended
• TikTok to set one-hour daily screen time limit by default for users under 18
• Why you’re about to see ChatGPT in more of your apps
• Paul Ryan grilled for remaining on Fox board of directors amid election fraud revelations
• Mortgage applications drop to 28-year low as rates climb
• The 5 airplane near crashes under investigation
• Rivian shares plunge again on weak sales, outlook
• House panel votes to advance bill empowering Biden to ban TikTok
• Gulf states have given billions in aid to Egypt. Now they want to see returns
• Covid vaccine maker Novavax says it may not survive
• GM cutting hundreds of white collar jobs
• Exclusive: High Noon, the top-selling canned cocktail, is expanding beyond vodka
• KFC is bringing back a fan favorite after a nearly 10-year hiatus
• Twitter rolls out updated, ‘zero tolerance’ policy on violent speech
• Kohl’s had a rough holiday
• The owner of Insider and Politico tells journalists: AI is coming for your jobs
• Twitter users were unable to view tweets in latest service disruption under Musk
• Fox executives should be fired for ‘proven misconduct’ exposed in Dominion lawsuit, renowned Yale professor says
• Nissan recalling more than 700,000 SUVs that can accidentally shut off while driving
• UK house prices post sharpest fall since 2012 as high mortgage rates hurt
• Meme stocks have revolutionized investor days
• Americans have changed the way they exercise. Here’s how gyms are adapting
• A mysterious fleet is helping Russia ship oil around the world. And it’s growing

 

Notice: the graphic below can be expanded to a larger size.
See instructions below graphic or click and follow the prompts.

 

Headlines from right-of-center Newsmax 3.1.2023

• Chris Christie: Special Counsel Smith’s Probe of Trump ‘Ominous Threat’
• The most ominous legal threat for former President Donald Trump is the Department of Justice’s probe into his possible mishandling of classified documents and presidential records, says former New Jersey Gov. Chris Christie. The DOJ last month appointed special counsel Jack Smith, pictured at left, to oversee the probe. [Full Story]
• DirecTV Censors Newsmax
• Lankford: DirecTV Says, ‘I Don’t Like This Voice’
• Cruz: DirecTV’s Answers to Committee ‘Insufficient’
• Marshall: DirecTV Told of Kansans Upset by Deplatforming
• McClintock: US Built on Free Speech | video
• Babin: DirecTV Move ‘Doesn’t Pass the Smell Test’ | video
• Biggs: DirecTV Hearings Likely in 3-4 Weeks
• LaLota: Censorship Like DirecTV’s Must Be Stopped
• Perry: Congress Needs to Probe DirecTV Decision | video
• Giménez: Hearings on Censorship ‘Right’ | video
• Ted Cruz: End Corporate Censorship, Bring Newsmax Back
• Moore: ‘Push Back’ on Censoring Conservatives
• More Stories on AT&T DirecTV Censorship
• Newsmax TV
• Lankford: Don’t Let Wokeness Guide Investment
• Rubio: Classified-Doc Briefing Answers Nothing
• Van Drew: ‘Lot More to Learn About COVID’ | video
• Meuser: Time to Act Against China | video
• Pollster McLaughlin: Biden’s Numbers Point to Dim Outlook | video
• Gloria Allred: Technicality Downgraded Baldwin Charges | video
• Dunn: US at Odds With CCP, Not Chinese People
• Hinson: Compete With China, Don’t Appease | video
• Gonzales: I ‘Stand Firm’ With Taiwan | video
• Newsfront
• US Home Prices Could Tumble 19.5 Percent, Dallas Fed Warns
• The global housing market could be a bubble in danger of a correction, and U.S. home prices alone could drop by 19.5%, economists at the Dallas Federal Reserve warn…. [Full Story]
• Railroad CEO to Testify About Ohio DerailmentRailroad CEO to Testify About Ohio Derailment
• The CEO of Norfolk Southern railroad will testify in Congress next [Full Story]
• US Intel: ‘Havana Syndrome’ Not Caused by Foreign Adversary
• A U.S. intelligence review has found that the “Havana syndrome,” an [Full Story]
• Ukraine: Mercenaries Sending ‘Most Trained’ Units to Bakhmut
• The involvement of the “most trained” assault units of the Russian [Full Story]
• Related
• Russians Tighten Noose on Ukraine’s Bakhmut, Situation ‘Extremely Tense’
• Putin Signs Bill to Suspend Last Nuclear Arms Pact With US
• Drones Fly Deep inside Russia; Putin Orders Border Tightened
• Bipartisan Group of Lawmakers Press Pentagon on Ukraine Aid
• Pentagon Official: Might Take 18 Months for Ukraine to Get F-16s After Biden Approval |video
• Flurry of Drone Strikes Hits Russia as TV, Radio Are Hacked
• DeSantis Embraces ‘Medical Freedom’ Conservatism
• Florida Gov. Ron DeSantis, a Republican, is championing himself as [Full Story]
• March Watch: Oscars, St. Patrick’s Day, Spring Ahead
• Punxsutawney Phil may have predicted a longer winter, but March [Full Story] | Platinum Article
• Can Dental Implants for Seniors Be Paid For By Medicare?
• Dental Implants Medicare
• Finland’s Parliament Gives Final Approval for NATO Bid
• Finland’s Parliament gave final approval Wednesday to the Nordic [Full Story]
• Scientists Developing ‘Biocomputer’ Using Human Brain Cells
• A ‘biocomputer’ powered by human brain cells could be developed in [Full Story]
• What Changed Biden Administration Stance on East Palestine Aid?
• On Feb. 3, the lives of the residents in East Palestine, Ohio, were [Full Story] | Platinum Article
• New Research Finds Skipping Breakfast Hampers Immune Response
• If you are thinking of trying an intermittent fast to lose weight, [Full Story]
• As Court Debates Student Loans, Borrowers See Disconnect
• Niara Thompson couldn’t shake her frustration as the Supreme Court [Full Story]
• Blake Shelton Gives New Insight Into ‘The Voice’ Exit
• Country music star Blake Shelton is offering new insight into his [Full Story]
• Murdoch Testified Fox News Hosts Endorsed Idea That Biden Stole Election
• Fox Corp. Chairman Rupert Murdoch acknowledged under oath that some [Full Story]
• Teens Who Vape More Likely to Have Anxiety, Depression
• For decades, people turned to cigarettes in times of stress. Now, a [Full Story]
• Bookstores Most Recession-Proof Small Businesses
• Bookstores, interior design firms and public relations agencies are [Full Story]
• Lawmakers Criticized for Racking Up Travel Costs
• Members of Congress have come under fire for racking up nearly $15 [Full Story]
• Jury Visits Crime Scene before Closings at Murdaugh Trial
• Jurors on Wednesday visited the South Carolina estate where [Full Story]
• Venus Williams Joins Private Equity Firm Topspin
• Venus Williams has joined private equity firm Topspin Consumer [Full Story]
• Israeli Police Crack Down on Anti-Netanyahu Protest
• Weeks of anti-government protests in Israel turned violent on [Full Story]
• US Manufacturing Still Shrinking; Raw Material Prices Rebound
• U.S. manufacturing contracted for a fourth straight month in [Full Story]
• China Rips New US House Committee on Countering Beijing
• China lashed out Wednesday at a new U.S. House committee dedicated to [Full Story]
• Rural Republicans Wary of Trump’s New China Trade Proposal
• Republicans from farm states have criticized 2024 GOP presidential [Full Story]
• Lilly to Cut Prices 70 Percent, Offer $25 Insulin
• Eli Lilly and Co. Wednesday said it will cut list prices by 70% for [Full Story]
• Trafalgar Poll: Most Voters Want Government to Cut Ties With China
• Most voters in a new poll from the Trafalgar Group said that federal [Full Story]
• NYC Mayor Adams: Guns Came Into Schools When Prayer Removed
• New York City Mayor Eric Adams dismissed the idea of church and state [Full Story]
• Britain’s Prince Harry Loses Home on Royal Estate
• Prince Harry and his wife Meghan are being evicted from their home on [Full Story]
• AI on Brink of Revolution Akin to the iPhone
• Artificial intelligence is on the brink of a revolutionary “iPhone [Full Story]
• TikTok Sets New Default Time Limits for Minors
• TikTok said Wednesday that every account held by a user under the age [Full Story]
• Huwara Riot Was a ‘Pogrom’: Top Israeli General
• Israel Defense Forces Major General Yehuda Fuchs, commanding officer [Full Story]
• Kobe Bryant Family Settles Photo Lawsuit for $28.5 Million
• The family of the late Kobe Bryant has agreed to a $28.5 million [Full Story]
• US, SKorea Agree to Strengthen Extended Deterrence
• The United States and South Korea have agreed to strengthen extended [Full Story] | video
• Finance
• US Home Prices Could Tumble 19.5%, Dallas Fed Warns
• The global housing market could be a bubble in danger of a correction, and U.S. home prices alone could drop by 19.5%, economists at the Dallas Federal Reserve warn…. [Full Story]
• Lawsuit Dismissed Over McDonald CEO’s Severance Pay
• David Einhorn: Be ‘Bearish on Stocks, Bullish on Inflation’
• Biden’s Pick to Lead FAA Faces Stormy Confirmation Hearing
• Activision Fired Staff for ‘Strong Language’ About Remote Work: Union
• More Finance
• Health
• Study: Insomnia Doubles the Risk For Heart Attack
• Folks who have trouble falling or staying asleep may be more likely to have a heart attack. This is the main takeaway from new research linking insomnia to heart woes. Specifically, people with insomnia were 69% more likely to have a heart attack than folks without the sleep… [Full Story]
• FDA Panel Votes for GSK’s RSV Vaccine
• Pfizer Seeking FDA Authorization for Omicron Booster in Kids Under 5
• Exercising 11 Minutes Daily Could Prevent One in 10 Early Deaths
• Most Americans With Diabetes Are Not Getting Newer Meds

Notice: the graphic below can be expanded to a larger size.
See instructions below graphic or click and follow the prompts.

2022 was a tough year for many stocks. Unfortunately, that pattern held true for manufactured home industry (MHVille) connected stocks too.  See the facts, linked below.

‘Stomach Churning Year’ CNN-Wall Street ‘Forget 2022’ Down Year – Major Equities Data Compared to Manufactured Housing Stocks, Manufactured Home Community REITs, Performance for Year by Company

 

====================================

Updated

• • • NOTE 1: The 3rd chart above of manufactured housing connected equities includes the Canadian stock, ECN, which purchased Triad Financial Services, a manufactured home industry finance lender.
    • NOTE 2: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
    • NOTE 3: Deer Valley was largely taken private, say company insiders in a message to MHProNews on 12.15.2020, but there are still some outstanding shares of the stock from the days when it was a publicly traded firm.  Thus, there is still periodic activity on DVLY.
    • Note 4: some recent or related reports to the REITs, stocks, and other equities named above follow in the reports linked below.

Nobility Homes, Inc. Sales and Earnings for its Fiscal Year 2022 Report, Result$ Best Inflation – Net After Taxes Up 34%, More Fact$; DeSantis ESG and NOBH; plus MHVille Stocks, Market Updates

‘Manufactured Housing in the News,’ Unpacking UMH CEO Sam Landy Op-Ed’ It’s Time for Bi-Partisanship on Affordable Manufactured Housing Homeownership’ in HousingWire; plus MHMarkets Updates

Warren Buffett’s Pledge to Kevin Clayton – ‘You Can Access Plenty of Capital’ for Projects – Quotes, Facts, Video, Transcript, and Implications for Manufactured Housing Industry

Manufactured Housing Properties-Results for Three and Nine Months Ending September 30.2022–Exploring ‘Mobile Home Park’ Manufactured Home Community Investing; plus MHVille REITs, Stocks Update

‘Changes Will Benefit Customers,’ Boost Sales-Legacy Homes CEO Duncan Bates – LEGH ‘Delivered 22.5% Return on Equity in 1 Yr’ – Corp Q3 2022 Insights, Analysis; plus MHVille REITs, Stocks Update  

CEO Mark Yost, Skyline Champion Insiders SELL Million$ Value SKY Stock, Home Sales Drop-4th Q 2022 (3QFiscal2023), Official Result$-Facts, Analysis, Info Beyond PR; plus MHVille Stocks Update

Triad Financial Services Q2-2022 FINANCIAL RESULTS, per ECN Capital – Several Bright Spots in Manufactured Home Market Highlighted, Including Communities, Retail, Land-Home, Floor; MHStocks Update

BlackRock Document Exposes Central Banks like Federal Reserve on Recession; Manufactured Home Producer Cavco Industries 2022 Year End Results (CVCOQ3.23) Facts+Analysis; plus MHVille Stocks Update

Manufactured Home Communities (a.k.a. ‘Mobile Home Parks’ – SIC) – Exploring UMH Properties; Fellow Manufactured Housing Institute Member Yes! Communities Suits and Settlements; plus MH Markets Updates

2023 …Berkshire Hathaway is the parent company to Clayton Homes, 21^st Mortgage, Vanderbilt Mortgage and other factory-built housing industry suppliers.
· LCI Industries, Patrick, UFPI, and LP each are suppliers to the manufactured housing industry, among others.
· AMG, CG, and TAVFX have investments in manufactured housing related businesses. For insights from third-parties and clients about our publisher, click here.

Disclosure. MHProNews holds no positions in the stocks in this report.

· For expert manufactured housing business development or other professional services, click here.
· To sign up in seconds for our industry leading emailed headline news updates, click here.

That’s a wrap on this installment of “News Through the Lens of Manufactured Homes and Factory-Built Housing” © where “We Provide, You Decide.” © (Affordable housing, manufactured homes, stock, investing, data, metrics, reports, fact-checks, analysis, and commentary. Third-party images or content are provided under fair use guidelines for media.) (See Related Reports, further below. Text/image boxes often are hot-linked to other reports that can be access by clicking on them.)

By L.A. “Tony” Kovach – for MHProNews.
Tony earned a journalism scholarship along with numerous awards in history. There have been several awards and honors and also recognition in manufactured housing. For example, he earned the prestigious Lottinville Award in history from the University of Oklahoma, where he studied history and business management. He’s a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com. This article reflects the LLC’s and/or the writer’s position and may or may not reflect the views of sponsors or supporters.

 

 

 

 

 

 

 

Call for Congressional Oversight Hearings of Manufactured Home Industry Regulators Highlighted by Manufactured Housing Association for Regulatory Reform (MHARR); plus MHVille Markets Update

Official HUD Manufactured Housing Production Facts for Dec 2022 plus 2022 Year End Totals Explored by Manufactured Housing Association for Regulatory Reform (MHARR)-“Millions” Needed – Analysis

Facts You Didn’t Know – Martin Luther King Jr – Videos, Insightful Quotes, Surprising Revelations, Videos, Reports, and Illustrations in Champion for Human Rights Including Affordable Housing

‘Global Disinformation Index’ Warren Buffett Ally Bill Gates’ Microsoft Org Charged-Cutting Revenue to Conservative Views via Xandr, GDI; plus Sunday MHVille Headlines Recap

#1 Texas’ Manufactured Housing Builders Survey Says They are ‘Ready for a Rebound’ But Data Point in Question, DOE MH Energy Rule Too – Facts, Analysis; plus, MHVille Stocks, Markets Update

Clayton-Next Step Off-Site Built ‘White Paper’-Manufactured Homes, ThinkND ‘Magic of the Mind-Everyday Illusion, Misdirection, Deception’ MHI Members’ Claims Analyzed; plus MHVille Markets Update

U.S. Housing Data Reveals Gaps-Underscores Vast Manufactured Housing Industry Potential, But Raises Corp, Trade Group Performance Concerns, Apparent Shareholder Effects; plus MHVille Stocks Update

 

After Admitted Failure, Manufactured Housing Institute Doubles Down on CrossMods® in AP Terminology Doc Acquired by MHProNews–Are MHI Leaders Sabotaging MHVille Independents? Plus MHStocks Update

Concessions by Speaker Kevin McCarthy in House Speaker’s Battle Called ‘Most Significant Win for Conservatives in a Decade’ By Federalist’s Emily Jashinsky Report; plus MHVille Stocks Updates