HUD has a new man in a significant role at HUD. We will get into the various “official” statements about Brian Montgomery. But we begin with a backgrounder. Mr. Montgomery has a track record, and the question industry professionals must answer is simple. Will he operate as he did […]
HUD’s New Man, Officials Statements, with Insider Info Beyond the Media Releases Read More
WASHINGTON, D.C. “The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential sales statistics for April 2018,” said the joint release to the Daily Business News. New Home Sales “Sales of new single-family [conventional] houses in April 2018
HUD and Census Bureau Report, New Housing Sales, April 2018 Read More
In case you missed it (ICYMI), the markets have been roiled more by politics and international issues – which do at times, involve trade – as much or more that date or news about given stocks, economic, and market fundamentals. A variety of data, including corporate earnings, reveal a sound
The Small Business Administration (SBA) was created to help independent business level the playing field in their access to capital markets. While a relatively small number of businesses tend to dominate various sectors of the manufactured housing industry, the vast majority of operations in retail, communities, production, installations, service,
Fed Programs “ACCESS TO CAPITAL” for Small Businesses, including Manufactured Housing Read More
“The growth rate of real gross domestic product (GDP) is a key indicator of economic activity, but the official estimate is released with a delay,” said the Atlanta Federal Reserve on Tuesday. “Our GDPNow forecasting model provides a “nowcast” of the official estimate prior to its release by estimating
Fed – Atlanta – Projects Record GDP Growth for U.S., the Detail$, MH Industry Outlook Read More
If one takes candidates at their word – which is never a given once they are elected – it must be noted that candidates Secretary Hillary Clinton, and businessman, builder and media maven Donald J Trump each made a range of stated policy positions. Last night, the House passed
Shifting Momentum, Demographics, Women, the 2018 Midterms, and Manufactured Housing Read More
WASHINGTON, D.C. – “Today, the House of Representatives voted 258-159 to pass the “Economic Growth, Regulatory Relief and Consumer Protection Act,” which represents the most significant pro-growth financial regulatory reform package since the passage of Gramm-Leach-Bliley nearly a generation ago,” said the House Financial Services Committee Chairman in a statement
“Donald Trump’s 1987 bestselling book, “The Art of the Deal,” he “wrote about the importance of knowing “when to walk away,” said ABC News. The markets rose yesterday, and fell today, based in part upon reactions to the perceived chance for talks with China, and North Korea to successfully advance. Those will be
Stocks Dump When China, ZTE, NoKo, US Deals in Doubt, Plus MH Market Updates Read More
The recent report from the House Financial Services Committee Chairman, Jeb Hensarling, to MHProNews late last week pointed out that Bloomberg – and the Daily Business News – had identified ways that appear to reflect that Fannie Mae has violated the FHFA mandate that the GSEs are barred from lobbying.
Update on Fannie Mae Lobbying, and Manufactured Housing Controversy Read More
“A recent article in the Washington Post regarding the HUD manufactured housing program and the reassignment of former program administrator, Pamela Danner, vividly highlights the glaring need for a new, independent, collective, national trade association to more effectively represent the industry’s post-production sector,” said Mark Weiss in the latest
Just hours or days before an expected Congressional vote in the House on their version of S. 2155, the Seattle Times is reporting on federal investigations into the business practices of Clayton Homes, Vanderbilt Mortgage, and their affiliated Berkshire Hathaway lending units. “Gwen Schablik, a former Clayton employee who
2 out of 3 Americans surveyed credit President Donald J. Trump for an improving economy, per CBS News. That poll was conducted prior to the joint announcement Saturday that China and the U.S. have put tariffs on hold, as they announced the outlines of a tentative trade deal. That’s our
The topline is simple. Many if not most of those so-called MHAction protestors were not manufactured home residents. But where did MHAction come from? What is the origin of their funding? Are there possible silver linings from the headlines they grabbed? The Washington Post’s recent report on manufactured housing
Today is going to be DIFFERENT. Open your minds for something simple, yet profoundly effective for those who dare embrace it. It’s a Success Tip that Warren Buffett’s over half-a-century partner Charlie Munger believes in and practices. It’s this. Reading for understanding. Reading, and being able to admit that
What does “News through the lens of factory-built housing.” © mean? It’s a fair question asked by a reader. You can get news anywhere. You can get opinions anywhere. MHProNews provides news, analysis and commentary on curated topics that are useful to the factory-built housing industry’s professionals. Dictionary says
Late Friday, House Financial Services Committee Chairman Jeb Hensarling (R-TX) said that “high ranking Fannie Mae employees have been intentionally violating their government prohibition on lobbying through a series of secret meetings to remove the failed mortgage giant from federal oversight.” According to Congressman Hensarling’s statement to the
Just as the Daily Business News has noted for some time the rising calls for socialism – often among millennials, but not limited to them – so too has Home Depot co-founder Ken Lagone. His heartfelt video on that topic which is the title of his new book is our
In a series of video media releases to the Daily Business News, Senator Tim Scott (R-SC) touts recent accomplishments, explains how he hopes to narrow the gap for minorities, and boost all Americans’ earnings. In one of these video releases, Senator Scott also spotlights an effort to get more
WASHINGTON, D.C. “The Housing and Insurance Subcommittee met today to examine the current state of homelessness in America, and to discuss issues regarding veteran, youth, and any other populations affected by homelessness,” per their overview submitted to MHProNews. “The majority of programs to reduce homelessness and provide assistance in
House Financial Services Report to MHProNews – Overview of Homelessness in America Read More
Imagine if during the 2008 campaign, if someone in the Bush Administration had planted one or more FBI informants in then Senator Barack Obama’s campaign. Then further imagine, that federal investigations were started, based in part on information paid for by opposition to then-candidate, Senator Obama. Then envisage that
