The Daily Business News on MHProNews were sent messages about allegations regarding Clayton Homes targeting Regional Enterprises, based in Brandon, MS. One tip stated as follows: “Clayton manufacturing just effectively cut off their largest independent dealer relationship in the country because he invested in a factory that took …
There has been broad industry interest and concerns over the documents and video that Tim Williams at 21st Mortgage Corp, Kevin Clayton at Clayton Homes, and Warren Buffett at Berkshire Hathaway have failed to explain away — or even try. This was initially going to be a report …
CFPB and 21st, Second Shoe Drops? Flooring w/21st Mortgage Corp? Insider Tips Read More
Let’s begin by stating the obvious for clarity. We are not your attorney. That said, there are over 15 million hits on Google this morning, with the top results citing laws and legal precedents that make it clear that conversations or statements made in public are subject to audio or …
NPR’s Anna Casey begins her narrative about manufactured homes and communities with two errors in her first very sentence. She missed the estimated totals and is mostly incorrect about the proper terminology for this type of factory-built housing. “Roughly 20 million Americans live in mobile homes, once billed as …
For some years, PBS and NPR have covered numerous stories that directly connect to the manufactured housing industry. The screen captures further below will reflect just two of several. To be polite, those reports have not been flattering for the manufactured home industry. To be blunt, those publicly-funded (in part) reports …
PBS & NPR Reporting on Manufactured Housing News, Pulling Back the Veil Read More
The draft of the pending class action suit against Cavco Industries (CVCO) is the result of a news tip to the Daily Business News on MHProNews. As regular MHProNews readers know, there are numerous law firms circling Cavco. This report will review some key claims of the Howard G. Smith …
This is going to be a summary that links fact-packed reports. First, put manufactured homes into a national and global context. Manufactured homes are being praised by numerous third-party reports, and a record number of renters are in the U.S. These facts ought to be part of the reason that …
Programming note. The forecast for Louisville has evolved, see that among the week-in-review headlines further below. What weather experts predicted at midweek – just a few days ago – has already changed. That should make American thinkers wonder. If climate experts can’t get a forecast right that’s only a …
Timely information combined with money can move stocks and markets. Information may be legally or illegally used, as the growing storm clouds over Cavco Industries (CVCO) concerning certain trades by Joe Stegmayer and Cavco reminded the manufactured home industry and its investors. But note that Stegmayer and Cavco are not …
In a release to the Daily Business News on MHProNews, Fannie Mae (OTCQB: FNMA) said that they have “provided more than $65 billion in financing to support the multifamily market in 2018 with its Delegated Underwriting and Servicing (DUS®) program. Fannie Mae continued to serve as a key source of liquidity by …
Fannie Mae Reports Billions in Manufactured Home Community Deals, Details Others Lack Read More
“If you are catching flak, you are over the target.” – variation on an Air Force maxim. ‘A traditional role of news media is to challenge the powerful on behalf of the powerless or disadvantaged in search of truth and justice,’ paraphrase from various elements of the Society of Professional …
Midwest Manufactured Housing Federation Official Louisville Show Communique to MHProNews Read More
“Why not half-a-million [new manufactured home shipments]? We can get there.” – – Richard ‘Dick’ Jennison, President and CEO of the Manufactured Housing Institute (MHI), Assurance made while addressing attendees of prior Louisville Manufactured Housing Show. Recorded on video by MHProNews. “The key question, then, for the industry, its …
MHI CEO Dick Jennison’s Pledge – 500,000 New Manufactured Home Shipments Read More
“I hope the city of San Jose will opt to protect vulnerable mobilehome park residents from preemptive evictions and not submit to the devious and greedy manipulations of the park owner. I live in San Juan Capistrano and our strong supportive city council opted to protect their MH residents …
It’s the top mainstream news story involving the industry that too few manufactured housing (MH) profession leaders seem to grasp – or are willing to tackle. Nevertheless, it’s perhaps the biggest one in years to impact our flailing segment of the affordable housing industry. Once the ubiquitous Drudge Report …
“Motion – or, more accurately, activity – in and of itself, is not necessarily synonymous with, or equivalent to, real progress, or, in fact, any progress at all…” “…Recent reports emerging from elsewhere within the universe of organizations representing the manufactured housing industry paint a uniformly rosy picture of almost …
The extended forecast for the 2019 Louisville Manufactured Housing Show projects possible snow and bitter cold temperatures, per AccuWeather, as the graphic below from about 5:15 AM ET attests. Weather has long been a factor in attendance at the first trade show of the year. Exhibitors risk millions of dollars …
CNBC and the National Association of Realtors are among the sources that report a drop in resale activity for December of 2018. Here are some significant bullets and pull quotes for factory-built housing professionals to consider. “The latest decline is harder to explain. Perhaps it is the decline in …
Significant Drop in Housing Sales, Splits Experts on Cause-Effect Read More
It is a well-known concern that Clayton Homes, and their affiliated/sister Berkshire Hathaway owned lenders, has been repeatedly accused of “racism” and “predatory lending.” Maxine Waters (CA-D), the new chairperson for the powerful Housing Financial Services Committee (FSC), and 3 of her colleagues are among those who have formally lodged …
Two nights ago, Special Counsel Robert Mueller’s Office took the unusual step of publishing a denial of a mainstream media report by BuzzFeed News that had the talking heads on TV, radio, and in print astir for 24 hours. Harvard law professor emeritus, Alan Dershowitz – a Democrat …
Wishful Thinking vs Facts, Evidence, Reason, and Manufactured Housing Read More
“We as an independent manufactured home producer’s association have often worked successfully with resident groups, on issues of mutual interest. We don’t deal with community related issues directly. I believe that people of good will may agree or disagree on details, and still have mutual respect. Let me express my …
Manufactured Home Industry Groups Fighting Hard, Meanwhile, a Man Died Read More
