The following news release was provided by HUD and sent to MHProNews earlier today. Good Morning: Today, HUD published a Federal Register notice (Link) that extends the effective date of the final rule published on January 12, 2021, amending the Federal Manufactured Home Construction and Safety Standards Act based upon […]
The Consumer Financial Protection Bureau (CFPB) issued an “interpretive rule clarifying that the prohibition against sex discrimination under the Equal Credit Opportunity Act (ECOA) and Regulation B,” said a press release to MHProNews and others in media that was dated 3.9.2021. The ruling is in response to a “June 15,
Dr. Joseph Mercola, who is cited at length further below, is presenting a classic video that millions will never have seen from a mainstream news interview with bestselling Brave New World author Aldus Huxley. It is useful because techniques of manipulation and propaganda being used today have been used for
It is fair to say that surveys and economic projections are not always as advertised. That ‘stating the obvious’ disclaimer noted, Fannie Mae has provided MHProNews two distinct but interrelated news releases on the economy and the U.S. housing market. The first part of this evening’s market report is Fannie
On February 27, 2021, Warren E. Buffett, Chairman of the Board for the Berkshire Hathaway conglomerate released his famed annual letter that accompanies their 2020 annual report. The report includes Clayton Homes and their associated units, but is of course not solely focused on that part of the conglomerates holdings.
If DealStreetAsia (DSA) is correct, it means that mainstream news reporters and various trade media alike were to some degree ‘taken in’ by the smoke and mirrors illusions woven by Revolution Precrafted Properties in what Philippines based ABS-CBN News reported like this. “Robbie Antonio, son of Century Properties chairman Jose
“The enemy of my enemy is my friend.” – Winston Churchill, based on an ancient Arabian proverb. There are some 331.4 million people live in the United States, per Statista. Relative freedom and opportunities are what attract others from around the world to come here. If that freedom has or
In response to some recent reports, a Manufactured Housing Institute (MHI) company executive called MHProNews earlier today. In a wide-ranging discussion, one of the points raised was simple and direct. When will the Manufactured Housing Institute (MHI) begin to press for an enforcement of existing federal laws? Failing that, the
The applied logic of civil rights reformer Rev Martin Luther King Jr is this. In a very real sense, on any given issue, each person and every organization are either part of the problem or part of the solution. With that notion in mind, the subject of sliding trust in
American ‘Institutional Failures’ – Affordable Housing, and Manufactured Homes Read More
“We need to remove the shackles that the Dodd-Frank Act and the CFPB rules have placed upon our [manufactured home] industry which are currently suffocating and restraining our growth.” So said then Manufactured Housing Institute (MHI) president and CEO, Richard “Dick” Jennison over 5 years ago when he was addressing
Despite another federal “scalp,” investors do not yet seem to be troubled by – or perhaps are not yet fully aware of? – the ongoing drip drip drip of fallout from the Securities Exchanges Commission (SEC) probe of publicly traded Cavco Industries (NASDAQ:CVCO). Cavco recently announced without fanfare via an
In a press release on March 1, 2021, “Champion Home Builders, a subsidiary of Skyline Champion Corporation (NYSE:SKY) (“Skyline Champion”), today acquired ScotBilt Homes, LLC from SHI Group Holdings, Inc. and related companies (collectively, “ScotBilt Homes”).” The move is part of a broader trend by the so-called Big Three of
The production levels for HUD Code manufactured homes for January 2021 gathered for the U.S. Department of Housing and Urban Development (HUD) been reported. They are modestly down yet again during an ongoing affordable housing crisis. Following this news release from the Washington, D.C. Manufactured Housing Association for Regulatory Reform
On the surface, if someone looked at what the Manufactured Housing Institute (MHI) submitted to Clinton Jones vs. what the Manufactured Housing Association for Regulatory Reform (MHARR) submitted, there may be several points of what on the surface would look like agreement. But as the expression goes, the devil is
The Iron Triangle and its role in the Berkshire moat in manufactured housing will be unpacked step-by-step in this news/analysis. An industry insider with obvious ties to the Manufactured Housing Institute (MHI) sent the following message: “One of the most basic rules of advocacy — never make assumptions against your
The Consumer Financial Protection Bureau (CFPB) issued a news release earlier today – 3.1.2021 – to MHProNews. The CFPB media memo stated the following. FOR IMMEDIATE RELEASE: March 1, 2021 MEDIA CONTACT: Office of Communications Tel: (202) 435-7170 NEW REPORT FROM CONSUMER FINANCIAL PROTECTION BUREAU FINDS OVER 11 MILLION FAMILIES
Before diving into public allegations made by numerous Clayton Homes, employees, managers, and customers a short preface is useful. Bullies may publicly posture being macho, but research and experience reveals that bullies are often timid or even cowards. Members of the mob or organized crime have been known to clean
The postscript today will put the ribbon on why two Catholics are going to be quoted at length in a trade media focused on affordable manufactured homes. It goes beyond the fact that both are misunderstood, but that is a hint. To be clear and factually balanced, there are obviously those
Facts, insights directly from Cavco Industries (CVCO), publicly undisputed evidence, troubling episodes, and various trends are going to be examined herein to shed light on the headline question. During a well-documented affordable housing crisis – when millions of housing units are needed, and conventional builders are surging but struggling to
It isn’t from the Manufactured Housing Institute (MHI) that this news tip that follows came early today to MHProNews. Rather, this tip early today came from a manufactured home industry attorney. Per that source, “A Texas federal court has ruled the CDC [Center for Disease Control] eviction ban unconstitutional. The
