In a release to the Daily Business News on MHProNews today was a Q&A by Stephanie Reid. Reid was “formerly on staff with the Senate Select Committee for Manufactured Homes,” said the GSMOEF – the GSMOEF, or the Golden State Manufactured-Home Owners Education Fund, which is affiliated with the …
“Congress, as part of the Housing and Economic Recovery Act of 2008 (HERA), enacted the Duty to Serve Underserved Markets (DTS), a remedial mandate which directs Fannie Mae and Freddie Mac to “develop loan products and flexible underwriting guidelines to facilitate a secondary market for mortgages on manufactured homes for …
The Daily Business News on MHProNews will take step back in time to January 19, 2019, when Andrea Riquier with MarketWatch reported on a noteworthy trend. This will tee up the first of a periodic series of reports on what Harvard’s Eric Belsky called the ‘life blood’ of housing, financing. …
Wells, Chase, Citi Mortgage Lending Plunges, Plus Manufactured Home Stock Updates Read More
There are several hot-button issues that are circulating in manufactured housing. They include, but are not limited to, the following. The failure of the Manufactured Housing Institute (MHI) to respond to the Bryan, TX “ban” and limitations places on new or pre-owned manufactured housing. That ban is the …
The principle of the “Wheat and Chaff” is a time-honored one dating back over 2000 years to ancient Israel and other parts of the Middle East. Separating “wheat from chaff” – the healthy from the unhealthy, the good from the bad – is a highly useful concept in our manufactured …
“Attorney General (AG) Lawrence Wasden has announced the conclusion of a consumer protection lawsuit against manufactured home retailer Hathaway Homes Group, LLC, and its former owner, Paul J. Hathaway,” the Idaho AG’s Office told the Daily Business News on MHProNews. “Judgments entered…in Fremont County District Court restrict Hathaway Homes and …
“Off the record, but these [other] state associations [in this email thread] have crossed the line with their blind loyalty and kiss a — to Clayton [Homes] and MHI. This is not healthy for the industry well-being and [the] future of the industry,” said one of several news tips received …
Dictionary.com says, “Jujitsu definition, a method developed in Japan of defending oneself without the use of weapons by using the strength and weight of an adversary to disable him.” Ponder that, “using the strength and weight of an adversary” against them. Here’s more about jujitsu or jiujitsu: “use of an …
Jujitsu – Last Week Tonight John Oliver “Mobile Homes” Video Fact-Check Revelations Read More
Businesses, organizations, and professions are based upon solving some need(s). Keep that simple truth in mind. In the case of our industry, that need is for affordable housing, and/or for ‘fast homes.’ Manufactured homes are not instant, but compared to many other operations, HUD Code homes are quicker. This morning …
It’s Flashback Friday. Reviewing two reports by MarketWatch are timely, and ought to make followers of the popular personal finance guru Dave Ramsey, or HBO’s Last Week Tonight with John Oliver sit up and think again. These are equally timely because of the arguably injustice that is taking place in …
MarketWatch Reports on Manufactured Housing, 2018-2019 Read More
WTAW, Bryan’s website, and locals on the ground tell the Daily Business News on MHProNews that “The Bryan city council voted 5-2 Tuesday night to eliminate future manufactured home placement on individual lots. Joining Greg Owens, who made the motion, and Buppy Simank, who seconded the motion, were Reuben Marin, …
“Cannot believe they used our promotional material from the nineties to mock our industry! Not cool!!” said William G. ‘Bill’ Sheffer, CAE, Executive Director, Michigan Manufactured Housing Association (MMHA). Sheffer and the MMHA are not the only Manufactured Housing Institute (MHI) members and affilates who have ranted about HBO’s …
Michigan Association’s Video Campaign, What They’ve Said About Manufactured Home Living Read More
“Billionaire investor Warren Buffett is once again wading into the topic of politics,” according to CNBC in an article linked here. The article is entitled, “Warren Buffett wants to ask the 2020 presidential candidates this 1 question.” The Daily Business News on MHProNews will explore that as our focus for …
Warren Buffett Wades Into Politics, Why Not John Oliver’s Piece on “Mobile Homes?” Read More
It is the Department of Justice, says the makers of this video, that put the theft of wages workers as 4x higher than the loss to property crimes. 4 times more lost wages to companies – white collar – than to those who steal, rob, vandalize, etc.? That’s the claim …
“The proposed action by the City of Bryan is an unvarnished and discriminatory attack against lower and moderate-income citizens who rely on manufactured homes as affordable, non-subsidized housing. The proposal is seriously misguided at best, as noted by Tony Kovach and Lance Inderman, and stands in direct conflict with …
It will be recalled for the sake of new readers that the Daily Business News on MHProNews has been documenting cases of manufactured homes being limited, excluded, and/or discriminated against in zoning and placement practices by local jurisdictions for several years. That is so, despite the wide body of evidence …
Thwarting what is natural has its costs. Manipulation of people, their healthy aspirations toward ownership, and their legitimate choices are arguably at or near the root causes the unfolding tragedies spotlighted by KOMO’s viral report, Seattle is Dying. Let’s set aside for a few moments whatever Warren Buffett led Berkshire …
At the heart of what’s known as the American Dream is the ideal of home ownership and private property. While millions may want affordable rentals, what study after study reflects is that the vast majority prefer to own rather than rent. When millions are misinformed about a subject, it begs …
Money, Minorities, Manufactured Homes – Foiling the American Dream of Affordable Housing Read More
Market movers are many, and political or social headwinds are among them. Some don’t realize that there have been HUD Code manufactured homes built south of the border for years. Others don’t realize the significant effect that immigration – legal or illegal – has on the cost of labor, burdens …
Want a Robust Economy? Fix the Southern Immigration Crisis, Plus MH Market Updates Read More
Long before Al Kemp and MHProNews became virtually acquainted, the Canadian was dedicated to tackling the problematic image that programing such as the “Trailer Park Boys” has fostered. The TP Boys, as Kemp refers to them – doubtlessly, tongue in cheek – are just part of the reason that some …
Al Kemp, Taking out the Trash Talk about Manufactured Homes Read More
