The U.S. Chamber of Commerce, in a release, touted its support for a bill that would strike down a new anti-arbitration rule from the Consumer Financial Protection Bureau (CFPB). Per the Chamber’s statement, “The CFPB promulgated an anti-arbitration rule that subjects millions of consumer contracts to regulations that degrade consumer …
Battle Over Consumer Financial Protection Bureau’s “Sweeping New” Rule Read More
“One believes things because one has been conditioned to believe them.” ― Aldous Huxley, Brave New World “In almost every act of our daily lives, whether in the sphere of politics or business, in our social conduct or our ethical thinking, we are dominated by the relatively small number of persons…who understand …
Propaganda, and the Manufactured Housing Revolution Read More
A list of manufactured home industry attendees at the recent Fannie Mae Duty to Serve (DTS) meeting in Washington, D.C. included the name of Tom Heinemann. As regular MHProNews readers know, Heinemann and Lois Starkey both quietly left the Manufactured Housing Institute (MHI). ‘Quietly,’ that is, in terms of MHI’s …
State associations, in places such as Ohio or Florida, have demonstrated their ability to work with resident/homeowner groups on a variety of issues. For example, Tim Williams and Andrea Reichman with the Ohio Manufactured Home Association collaborated with resident groups in their recent battle to save their state regulatory structure, …
Resident Homeowner Groups, Public Policy, Media, Manufactured Housing, Investors, and You Read More
Congressman Keith Ellison (D-MN-5) is a rising star in the Democratic Party. Ellison’s not been without controversy among his peers. While today’s focus is his proposal that will impact manufactured home communities and other elements of the industry, some background on Representative Ellison and his interest in manufactured housing is …
The latest twist in the story of a modular home that was going to be forced out of a development took an interesting turn. To understand the issue, Daily Business News readers will recall the factory-built housing industry’s most complete report, linked here. What looked like a sad win for …
Power of Pushback, Spotlighting – “Controversial” Modular Home Placement Reversed Read More
“A proposed Federal Housing Finance Agency (FHFA) “Draft Strategic Plan for Fiscal Years 2018-2022” barely mentions implementation of the “Duty to Serve Underserved Markets” (DTS) by the two Government Sponsored Enterprises (GSEs), even though, according to the implementation plans submitted by those organizations to FHFA earlier this year, key aspects …
Association Leader, “FHFA, FANNIE And FREDDIE GIVE SHORT-SHRIFT to CHATTEL FINANCING” Read More
“The top 20 percent of the people pay 95 percent of the taxes. The top 10 percent of the people pay 81 percent of the taxes,” U.S. Treasury Secretary Steven Mnuchin told Politico. “So when you’re cutting taxes across the board, it’s very hard not to give tax cuts to the …
Senator Tim Scott, Sec Mnuchin, Politico, Bloomberg on Tax Reform’s Hurdles, Importance Read More
“Great announcement, huh? Here’s my take and on-the-record comments,” said ROC USA President, Paul Bradley to MHProNews. Bradley was commenting on an article by Patrick Barnard in Mortgage Orb, that ran under the headline, “New 30-Year Loan Program for Manufactured Homes Launched in New Hampshire.” “Getting a jumpstart on its mandate …
New Long-Term, Market Rate Loans in Manufactured Home Communities, Report, Reactions Read More
“Builder confidence in the market for newly-built single-family homes rose four points to a level of 68 in October on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI),” the NHAB told MHProNews. This is the highest reading since May, and you have to go back to October …
Home Builder Report Released, Single Family Home Market Insights Read More
“New York State Homes and Community Renewal Commissioner RuthAnne Visnauskas, Senator Betty Little, Senator Joseph Griffo and their staffs spent the day visiting the Champion Home Builders Titan Homes Division factory in Sangerfield, N.Y. and Jensen’s Cherrywood Community in Clinton, N.Y.,” the New York Housing Association (NYHA) said in a …
Public Official, Senators Tour Manufactured Home Community, Production Center Read More
It is axiomatic that consumer confidence is an important driver of big ticket sales, including the sales of manufactured homes. Without consumer confidence, a prospective home buyer may delay or even cancel a purchase, as veteran manufactured home professionals know from first-hand experience. When publicly traded manufactured home producers and …
Latest Consumer Confidence Survey, and Why It Matters to Manufactured Housing Read More
“I especially want to take this opportunity to recognize our President & CEO Dick Jennison and his senior leadership team: Lesli Gooch, Mark Bowersox and Rick Robinson at MHI. Our team in Washington is highly respected,” said Tim Williams, President and CEO of 21st Mortgage and the outgoing chairman of …
Social media lit up with comments from factory-built housing professionals. They were commenting on what local media claimed was a nearly completed modular home that was being forced out off its home site and out of a reportedly hostile neighborhood. “A new home erected in an Allendale Township neighborhood less …
“Controversial Modular Home” Will Be Removed From Development, Industry Reactions Read More
If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports’ are found further below, just beyond the Manufactured Housing Composite Value for today. The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader …
President Uses Pen and Purse to Modify ObamaCare, MH Market Updates Read More
The headline is a fair question, one asked by industry professionals, which the Daily Business News assured industry readers would be part of a follow up report. This is that report. A recap of facts is warranted. Shortly before and after Hurricane Irma, the responses to MHProNews inquiries from resident …
What Happened to Those Anti-MHI Resident Group Protests? Read More
Pam Danner, JD – the current administrator for the Housing and Urban Development (HUD) Manufactured Housing Program – recently confirmed for MHProNews some of the research that the Manufactured Housing Institute (MHI) has done (see graphic at the top left.) Danner had a staff member thoughtfully and promptly provide information …
The factory-built home industry has struggled for over 40 years with nomenclature. Perhaps one of the better known “offenders” in MHVille – in the view of George Allen, or several other industry professionals – has been Frank Rolfe. Rolfe has commanded more mainstream media news stories that featured him and …
Frank Rolfe, Manufactured Home Community Pro – Shocking! Or Evolutionary? Video Read More
The law regarding how realtors might list or sell manufactured homes, particularly in a land-lease setting, is in flux. Sources tell MHProNews that those real estate laws vary from state to state. As readers on MHLivingNews know, we’ve spotlighted realtors – active and retired – that have fallen in love …
Realtors Selling Manufactured Homes, The Law, and Your Business Read More
An increasing number of inquiries expressing concern about “secretive discussions within the Manufactured Housing Institute (MHI) regarding “research” and other activity apparently designed to result in the development of a new “class” of manufactured homes,” has been brought to the attention of the Manufactured Housing Association for Regulatory Reform (MHARR). …
Secretive “NEW” Class of Manufactured Housing Raises Serious Concerns Read More
