“FHA is in good hands, guarding against excessive risks, protecting the American taxpayer, and remaining true to our core mission to facilitate safe and affordable mortgage options for qualified borrowers.” – HUD Secretary Ben Carson, M.D. “As we look to the future, FHA must continue to seek the …
Latest on the FHA, New Federal Report to Congress, Insider Insight Read More
Before diving into this report, in fairness, several state manufactured housing association reports have been sent to the Daily Business News on MHProNews for possible fact-checks and analysis. That’s said to be clear that selecting this one from the Illinois Manufactured Housing Association (IMHA) should not be misconstrued …
MH State Association Issues Midterms Report – Rent Control Alert – Reveals Troubling Trend Read More
Let’s start with some facts. There’s a shortage of construction and other workers. That worker shortage impacts manufactured housing, and other builders too. There is also the cost and consequences of incarceration. According to Wikipedia, “In October 2013, the incarceration rate of the United States of America was …
Don’t skim this featured report. If you are reasonably young, you may or may not recall that Larry King used to be on CNN. If you aren’t familiar with RT ‘news,’ it’s one of the troubling realities of American media today. Politico reminded readers last December that the Department of …
Cavco and the Securities and Exchange Commission (SEC) have both responded to inquiries from the Daily Business News on MHProNews. Before turning to their comments, the larger news item is the start of the headline above. At least two law firms are calling on Cavco Industries (CVCO) shareholders to …
Cavco Shareholder Suits Prepping, CVCO, SEC, Insider Responses to Growing Scandal Read More
The Department of Housing and Urban Development (HUD) has announced disaster relief assistance for the victims of the devastating fires in California. Manufactured home owners are among those who have been impacted by the fires. FYI, the death toll has risen since this video posted below, which shows …
HUD Announces Relief from California Wildfires, MH Owners Can Qualify Read More
The Manufactured Housing Institute (MHI) has sent out a message to their members earlier today. It’s debatably a common-for-the-Arlington, VA based trade group, in that it has a mix of purportedly accurate, questionable, misleading, and missing information. Among the more interesting points are what MHI was mute on. …
It seems that the left and right don’t agree on a lot these days, so the fact that Democratic Rep.-elect Alexandria Ocasio-Cortez, a self-declared socialist, and Fox News host Tucker Carlson agree on Amazon’s new deal alone ought to be newsworthy. A look at what Amazon – which recently had …
Right Winger and Socialist Agree on Amazon & Bezos’ Deal, Plus MH Market Update Read More
What’s the “Enemy of Capitalism?” That’s a question that John Stossel asks in this thought-provoking video. There are good reasons for taking a ‘wheat and chaff’ approach to information sourcing. Sometimes it will be the Washington Post, but at other times, it may be the Washington Examiner or the …
‘Use Government to Handcuff Your Rivals, Clever’ – Stossel Read More
You don’t have to be a ‘toter’ driver to know that fuel prices have been falling. Everyone that gets a new or pre-owned manufactured home moved has or will see a reduction in moving costs. What’s ahead on the horizon? What other impacts do energy costs have on our HUD …
Oil Drop – Outlook, Energy Production, and Manufactured Housing, Plus MH Equities Updates Read More
“A brothel-owning, evangelical Christian-backed Republican candidate who died last month won his race for the Nevada state legislature late on Tuesday, according to state election officials,” said Reuter’s. “Dennis Hof, 72, defeated Democratic candidate and educator Lesia Romanov in the race for Nevada’s 36th Assembly District, earning about 68 percent …
Over a year has gone by since Clayton Homes and their marketing company launched their new image campaign. It was touted in part with the video published on YouTube, which is shown below. The screen capture above is from the Clayton video, below. As of 2:02 PM ET, on 11.12. …
CNBC did highlight the factors noted in the headline, above as factors in the markets tanking today. What wasn’t included was talk that House Democrats are reportedly now up to over 100 planned investigations of the Trump Administration. So much for bipartisanship. Elections have consequences, and the early signals are …
Tariffs, Tech, Fed, Oil, Commodities and Today’s Tumble, Plus MH Equities Updates Read More
It goes without saying that life is a series of marathons, not just a single sprint. That: first home sale, that first business deal, that first new client, are important. But once isn’t enough. Repetition is critical for learning. Systems that can more routinely produce the desired outcome are …
Work, Life Balance and MHVille, Monday Morning Manufactured Housing Meeting Read More
Our 11, soon to turn 12-year-old son Tamas (pronounced “Tah Mash”, in photo above, on the left) Kovach spotted the veteran in his scooter as we strolled in Disney Springs. Tamas knows we stop and thank our veterans for their service, as well as uniformed law enforcement officers too. …
An MHProNews Thank You to America’s Veterans, Plus VA Market At-a-Glance Read More
From New York to California, there have been protesters who’ve carried signs saying the “rent is too damn high.” It’s vexing. Because this ought to be yet another signal for manufactured housing professionals and investors to better understand the dynamics that could spark the industry’s authentic return as …
“Rent is Too Damn High,” But Why? MHVille Struggles & Solutions Read More
“It was then best of times, it was the worst of times…” – Charles Dickens, A Tale of Two Cities. Dickens was writing about the French Revolution, but considering the famous opening to his novel, “A Tale or Two Cities,” one might believe that Nostradamus was writing about the USA …
Legacy Housing has announced that it has filed a form S-1 with the U.S. Securities and Exchange Commission (SEC) regarding its Initial Public Offering (IPO). That IPO and some related insights will be our featured report for this evening. If you’re new, already hooked on our new spotlight feature …
Legacy Housing Files for IPO, Plus Manufactured Housing Industry Market Updates Read More
On a down day for many stocks on Wall Street, the word is out from CNBC and other sources that Third Point’s Daniel S. Loeb has made several moves that ought to draw a careful look from manufactured housing professionals and other investors. As a reminder, Loeb was spotlighted …
A memorandum from the Securities and Exchanges Commission (SEC) dated yesterday opens as follows: “November 8, 2018 Personal and Confidential Joseph H. Stegmayer [Address] [City, State Zip] Dear Joseph: This letter confirms our discussions regarding your resignation from your current positions as Chairman of the Board and …
