What happens to Big Tech could well be a harbinger of things to come for others, such as Berkshire Hathaway – parent company for Clayton Homes, 21st Mortgage Corporation, Vanderbilt Mortgage and Finance, and others in the manufactured housing sectors – Walmart, or other giants that dominate specific sectors of …
“The fake news abounds. There are problems with the truth these days.” – David Wright, ABC News. George Floyd’s brother Philonise in his statement to member of Congress on 6.10.2020 said that “He [George] pleaded for his life. He said he couldn’t breathe. He pleaded for his life,” Floyd said. “Justice …
The reports that follow are curated from Fox Business and CNN Business. Which is to say, they span the left-right media divide that savvy people increasingly realize exists. The reports merit being bookended, because they both point to issues that are underlying unrest in cities and towns from coast-to-coast. Racial …
While the Manufactured Housing Institute (MHI) recently touted HUD’s publication of “Evidence Matters,” as if it was some breakthrough for the long underperforming-industry, prominent member Equity LifeStyle Properties (ELS) was warning investors about the “impact of government intervention to stabilize site-built single-family housing and not manufactured housing.” Additionally, in a …
CNN Business and the American Enterprise Institute (AEI) Housing Center are both reporting surprisingly strong results on mainstream housing. Left-of-center CNN Business put it this way, “Nothing short of miraculous: The housing market continues to hold up.” An MHI member firm told MHProNews that they are back to 94 percent …
“The devil is in the details” is an old maxim which Oxford Languages says means “the details of a matter are its most problematic aspect.” What follows immediately below is the latest formal communique from the Washington, D.C. based Manufactured Housing Association for Regulatory Reform (MHARR). It relates to an …
Billionaires to Testify While MHARR Rips Manufactured Housing Institute and HUD “Research” Read More
There is a difference between an SEC subpoena and a trade media report, as Cavco Industries and their investors know. But a fair question is how will institutional investors in Skyline Champion react when they learn about and digest the details in the report linked below? Note that this article …
Sarah Janowicz is the Director of Investor Relations and External Reporting Skyline Champion Corporation. Janowicz recently made a series of on-the-record responses to MHProNews about information from the publicly traded firm’s most recent May 21 Q4 2020 Earnings Call. As the transcript on those questions and answers (Q&A) will make …
“And the rocket’s red glare, the bombs bursting in air, Gave proof through the night that our flag was still there; O say does that star-spangled banner yet wave…” – penned by Francis Scott Key during the War of 1812, the “Star-Spangled Banner” or the national anthem of the United …
Tense Flag Day 2020, plus Sunday Weekly Headlines Review 6.7 to 6.14.2020 Read More
To set the legal context for the newest controversy involving Cavco Industries (NASDAQ:CVCO), a brief background of a top antitrust official’s statement is useful. In one of several previously reported speeches, the June 11, 2019 “…And Justice for All…” address on Antitrust Enforcement by Assistant Attorney General Makan Delrahim indicated …
Cavco Industries “Killer Acquisition,” CVCO’s New Controversy Tests Antitrust Resolve Read More
Prior to pivoting to this evening’s headline’s featured focus report on Nobility Homes, a few more general observations are warranted. MHProNews has recently noted some quotable quotes by Dr. Chrysalis Wright, psychologist at the University of Central Florida. Among the points she makes is that given the state of mainstream …
“SEATTLE — Six blocks of a Capitol Hill neighborhood — which has now been deemed by protesters to be the “Capitol Hill Autonomous Zone” — or “CHAZ” for short, is being called a “police-free” zone,” KOMO reported on 6.10.2020. KOMO is the same Seattle-based and award-wining local news source that …
During an ongoing affordable housing crisis, manufactured housing as an industry is demonstrably underperforming. A normal question that would raise from the mildly curious to those who are or ponder investing in this sector is – why? A senior official with a multi-billion-dollar firm that already had ties to manufactured …
A leaked internal Democrat Party memo issued by Troy Perry addressed to the Democrat Congressional Campaign Committee (DCCC) warned House Democratic leaders not to embrace the Black Lives Matter (BLM). The BLM movement was described in the memo as a “radical movement.” The negative impact of social unrest on local …
The U.S. Chamber of Commerce and MetLife have released their findings on a June 3, 2020 survey of small businesses. The survey is focused on what percentage of businesses are partially or fully open. It also notes how many are permanently closed. The national data is also broken down by …
“A lot of people say I’m crazy, that they’ll evict us, but better to leave walking than on your knees.” – Margarita Sanchez, resident of Frank Rolfe and Dave Reynolds RV Horizons, rebranded as Impact Communities. “Where else will we go?” – signs being held by children protesting the …
What are federal government officials in Washington and others in public service beyond the D.C. beltway reading on MHProNews? That and more will be this evening’s featured focus. To ‘tee up’ or ‘set the table’ for that report, some background information is useful. MHProNews has revealed more raw data on …
As tens of thousands of industry professionals and investors know, among the hottest topics in manufactured housing is routinely the topic of financing. In this third Q&A with Danny Ghorbani, who worked for years for the Manufactured Housing Institute (MHI) before leaving and launching what today is known as the …
What do buyer’s and sellers think about market conditions? Tonight’s report will look at that topic, based on the most recent research. “The Fannie Mae Home Purchase Sentiment Index® (HPSI) increased 4.5 points in May to 67.5, building slightly after nearing its all-time survey low in April.” So said Fannie …
On April 12-13, “A widespread and deadly tornado outbreak affected the Southeastern United States,” says Wikipedia. There was a “total of 140 tornadoes touched down across 10 states, inflicting widespread and locally catastrophic damage.” Structures of all kinds were damaged or destroyed, among them were mobile and manufactured homes. Among …
