Let’s file tonight’s feature under ‘just for fun’ with a purpose. Tonight’s short video provides tiny sense of why the American Dream is still attainable. On a good day for the markets, keep in mind that this isn’t something you could do in a truly socialist country. If you’re new, …
Our publisher was laughing this morning after he read an email. When asked what the joke was, he replied by showing a pro-Manufactured Housing Institute trade media outlet that was announcing their ‘State of the Industry’ upcoming report. “The state of the industry can be summed up by statistics,” said …
“Mark Anthony Calabria is the Director of the Federal Housing Finance Agency (FHFA). He was formerly the chief economist for Vice President Mike Pence,” per Wikipedia. A release by the FHFA on April 15, 2019 said in part that: “Dr. Mark Calabria Sworn In as Director of the Federal Housing Finance Agency.” Roll …
There was no mention this evening of factory-home building when CNBC or some other mainstream business media reported that Berkshire Hathaway has taken a position valued at some $904 million dollars as of the close of the market on 5.15.2019. But then most others aren’t as keen on factory-built housing, …
Amazon-Berkshire Announcement – Emerging Factory-Building Elephant in the Room? Read More
It’s another day of broadly improving stock prices, clawing back some of the drop earlier in the week tat were driven in part over the U.S. China trade impasse. So we look tonight at a geo-political hotspot. With the U.S. sending a carrier back toward the Persian Gulf, B52s repositioned, …
“Angelo R. Mozilo is the former chairman of the board and chief executive officer of Countrywide Financial until July 1, 2008,” according to Wikipedia. Put differently, Mozilo was near the eye of storm during the Housing and mortgage crisis that sent the economy and markets into a tailspin, causing the …
“When you talk about monopolization claims, the main issue is exclusion, unfair exclusion,” John Roberti said. Roberti is the head of the Washington antitrust practice at the law firm Allen & Overy. “So all these companies are going to be asking themselves: Is there anything we are doing that is …
The manufactured housing industry is now 7 months into a slump – a downturn. How is that possible, during an affordable housing crisis? Is it incompetence? Or something else? While controversial himself in mainstream media reports for a variety of reasons, prominent Manufactured Housing Institute (MHI) member Frank Rolfe is …
In a media release to the Daily Business News on MHProNews, Legacy Housing Corporation (LEGH) provided the following snapshot last night of their 2019 first quarter results. In the release below, MHProNews has turned the quote brown and bold, to make it pop, as is often done here. Otherwise, …
Legacy Housing Corporation [LEGH] Reports 2019 First Quarter Results Read More
“Jackie DeAngelis breaks down the differences between capitalism versus socialism,” says Fox Business Network’s (FBN) YouTube page. More to the point, perhaps, is that this FBN video features a panel discussion that begins to unpack the issue of the rise in interest in socialism’s in the U.S. For those unfamiliar …
As regular readers of this feature know, we steered clear of China-U.S. trade troubles for most of last week, even though that was a lead story among scores of market watchers. Today, MHProNews has two stories that have dealt with China and U.S. trade, one earlier today – linked here …
The cost of building and remodeling is about to rise – again, per CNBC. Builders from coast to coast, which includes HUD Code and other factory-builders, order products for housing they construct that are often sourced offshore, including from China. So the tariff and trade war is about to hit …
Higher China Tariffs “Hits Home,” Building Impacts Ahead, Per NAHB Read More
It’s literally historic… …it is a reminder why historic items matter… …and we’ll do our customary fact-check and analysis at the end of this MHI exclusive report that they provided to MHProNews directly after the === ##===, below. HOUSING ALERT On Capitol Hill…MHI Advances Manufactured Housing Finance Reform The negative impact of …
For decades, Americans have been living a sort of “through the looking glass” from the pages of the novel, Alice in Wonderland. “Through the looking glass” is a metaphorical expression. It means: on the strange side, in the twilight zone, in a strange parallel world. It comes from the …
The past is prologue ideally to be learned from. When an error is made, it could be ignored, covered up, or deflected by some razzle-dazzle style head-fake. Or an error can be admitted, addressed, amends made as possible, and then one can advance with head held high. The Daily Business …
This evening, as this report is being prepared, there are two, and only two places online that we can discern where someone can find the entire address by HUD Secretary Ben Carson, M.D., to the Manufactured Housing Institute (MHI) at their meeting earlier this week in New Orleans. You …
There was no deal. Stocks have slid for days, with numerous business and investor sites noting fears over the U.S.-China trade deal. So oddly, when no deal occurred, and the U.S. imposed new tariffs on Chinese goods at a minute after midnight, after a roller coaster day and week, the …
WSJ Blames Trump Tweets for Blowing Up U.S.-China Trade Talks, Plus MH Market Updates Read More
For some time, but more recently in the report linked here, the Daily Business News on MHProNews has a made the point that the purported market rigging by Berkshire Hathaway brands, as referenced in reports linked here, here, and here has harmed more than just independent manufactured home ‘street retailers.’ …
Mama used to say, you are known by the company you keep. That’s a fairly common maxim, phrased in a variety of ways. Before applying it to Nathan Smith, let’s step back and look at a different Manufactured Housing Institute (MHI) industry leader first. The largest and best known manufactured …
“LET’S KEEP BUILDING!” declares one of the Manufactured Housing Institute (MHI) messages about their recent Congress and Expo in New Orleans. The upbeat sound of that message is arguably betrayed by the reality that for the 7th straight month, manufactured housing shipments are down. But that embarrassing detail is not …
