L.A. 'Tony' Kovach

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Senators Fighting for Preserve Access to Manufactured Housing, Reality Checks

By / August 16, 2017 / Affordable Housing, home buyers, housing, Legislation, loans, Manufactured and Modular Housing News, Manufactured Home Community Commercial Financing, Manufactured Homes, Manufactured Housing Industry, Politics, regulation

“The CFPB is “protecting” people right out of affordable manufactured homeownership. Congress should fight to give families opportunities – not take them away,” said Representative Andy Barr (R-KY) when a group of bipartisan representatives introduced the Preserving Access to Manufactured Housing Act back in March, per Global Newswire. There is …

Senators Fighting for Preserve Access to Manufactured Housing, Reality Checks Read More

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What Makes a “Worst Case” Renter? What’s Happening in Washington to Address Their Needs?

By / August 15, 2017 / Affordable Housing, Analysis, Economy, Legislation, Manufactured Homes, Manufactured Housing Industry

“The nation lacks enough affordable housing for hard-working families,” said Granger MacDonald, chair of the National Association of Home Builders (NAHB). As was previously reported at this link here, “Worst Case Housing Needs 2017 Report to Congress” was recently released by the Department of Housing and Urban Development (HUD).  It …

What Makes a “Worst Case” Renter? What’s Happening in Washington to Address Their Needs? Read More

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Manufactured Housing Institute (MHI), National Communities Council (NCC), Data, Statements Trustworthy? Track Record, and Their Goals?

By / November 5, 2018 / Industry in Focus Reports

The short answer to the headline question is, “it depends.” On some facts, such as the number of monthly shipments of manufactured homes, where more than one easy cross-check is available, MHI is reasonably accurate in reflecting third-party statistics. But there are other subjects which they’ve published under their claimed …

Manufactured Housing Institute (MHI), National Communities Council (NCC), Data, Statements Trustworthy? Track Record, and Their Goals? Read More

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The Real Reasons Why Small Businesses Fail?

By / August 15, 2017 / Analysis, Business, Manufactured Homes, Manufactured Housing Industry

Small businesses are the heart of America.  So says an infographic from InsuranceQuotes shared by Visual Capitalist.  The Daily Business News routinely seeks to share interesting resources, reports and data.  So readers have noted our referencing the Visual Captialist before. But fact-checking data is a key part of all good …

The Real Reasons Why Small Businesses Fail? Read More

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Freedom of Speech, Rep. Jim Renacci, Don Glisson, Jr. Triad Financial, and Dick Ernst

By / August 14, 2017 / Business, Finance, home buyers, Manufactured and Modular Housing News, Manufactured Housing Industry, People, Politics, regulation

“The Central Government should be limited to basic functions. Defending the nation against foreign enemies, preserving order at home, mediating our disputes.” – Milton Freidman. The widely cherished First Amendment rights – especially to freedom of speech – is a hot topic on many fronts. “I believe that churches have …

Freedom of Speech, Rep. Jim Renacci, Don Glisson, Jr. Triad Financial, and Dick Ernst Read More

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Understanding the 5 Points of U.S. Housing

By / August 14, 2017 / Affordable Housing, home buyers, housing, Manufactured and Modular Housing News, Manufactured Home Community Commercial Financing, Manufactured Housing Industry

“The inventory is reaching historic lows. It’s never declined faster than it did last month. It’s freaking us out — it’s affecting our business; it’s limiting our sales,” Glenn Kelman, CEO of Seattle-based Redfin, a real estate firm, told CBNC back in May. “We’re going to be fine in terms …

Understanding the 5 Points of U.S. Housing Read More

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Additional HUD Position Confirmed

By / August 14, 2017 / Announcements, Manufactured and Modular Housing News, People, regulation

The Department of Housing and Urban Development (HUD) has filled one more of their vacant positions this week, per HousingWire. On August 10, 2017 HUD announced that Anna Maria Farías had been confirmed by the U.S. Senate. She was sworn in by HUD Secretary, Dr. Ben Carson, as the Assistant …

Additional HUD Position Confirmed Read More

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Chicago – Massive Modular Project by European Operation Coming

By / August 14, 2017 / Affordable Housing, Business, Communities, Jobs, Manufactured and Modular Housing News, Modular, Modular and PreFab Housing Industry

“This agreement is a major milestone towards converting an unused stretch of land that represents Chicago’s industrial past into a vibrant community that will contribute to Chicago’s economic, cultural and recreational future,” Mayor Rahm Emanuel said in a press release to MHProNews. The Windy City’s mayor addressed the plan to build …

Chicago – Massive Modular Project by European Operation Coming Read More

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Warren Buffett’s Berkshire Hathaway Nears $100 Billion in Cash – What’s That REALLY Mean?

By / August 11, 2017 / Business, Manufactured Housing Industry, People, Stocks

Not often is having almost $100 billion in cash on hand considered a problem, or a bad thing at all. But Warren Buffett, CEO of Berkshire Hathaway – parent to Clayton Homes and several other industry connected operations,  a well-known name to industry professionals and Daily Business News regulars – …

Warren Buffett’s Berkshire Hathaway Nears $100 Billion in Cash – What’s That REALLY Mean? Read More

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Manufactured Home Pro Ralph Scoular honored in Arc of Dreams, Video

By / August 10, 2017 / Awards, Factory-Built Homes, Favorable media coverage, Manufactured and Modular Housing News, Manufactured Home Communities, Manufactured Homes, Manufactured Housing Industry

The Arc of Dreams Sculpture is designed to recognize those who have made their dreams come true in Sioux Falls, South Dakota. One of the latest additions to the project is manufactured housing industry veteran, Ralph Scoular, founder of Iseman Mobile Homes back in 1958, KSFY tells MHProNews. Iseman Homes …

Manufactured Home Pro Ralph Scoular honored in Arc of Dreams, Video Read More

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Report – Rising Debt, Will it Derail Housing Recovery?

By / August 9, 2017 / Analysis, Economy, Finance, Manufactured and Modular Housing News

Debt ratios are a key element of what is needed to get qualified for a manufactured home, or other housing loans, as veteran industry professionals know. So rising revolving debt raises a warning flare. Credit card debts in the United States have reached an all-time high at $1.021 trillion. That …

Report – Rising Debt, Will it Derail Housing Recovery? Read More

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Propaganda? Fighting Fire with Fire? Controversial Trump TV Debuts

By / August 9, 2017 / Manufactured and Modular Housing News

Pat Buchanan, like Senator Ron Johnson (R-WI), believes that the sabotage of the presidency is well underway. But the Washington Post says that Trump TV  “sounds more like real propaganda.” “Kayleigh McEnany, who has been plying her trade as a pro-Trump pundit on CNN for a while, jumped ship to …

Propaganda? Fighting Fire with Fire? Controversial Trump TV Debuts Read More

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Class of 2017 Inducted into the RV/MH Hall of Fame

By / August 9, 2017 / Manufactured and Modular Housing News, Manufactured Home Community Commercial Financing, Manufactured Housing Industry, RV

A group of 400 friends, family members, and industry professionals gathered Monday night, August 7, 2017, to celebrate the induction of the Class of 2017 into the RV/MH Hall of Fame. Hall President Darryl Searer kicked things off with his “Annual State of the Hall” address before the induction ceremony …

Class of 2017 Inducted into the RV/MH Hall of Fame Read More

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Generational Buyers, Millennials, Boomers & Manufactured Homes

By / August 8, 2017 / Affordable Housing, Analysis, home buyers, housing, Manufactured and Modular Housing News, Manufactured Homes

New research spotlights the gaps and differences between the various generations, and how manufactured housing could potentially tap into those opportunities. “Many desire to move from renting to owning, but often struggle to find that a real possibility in the current site-built market. The manufactured housing industry can offer a …

Generational Buyers, Millennials, Boomers & Manufactured Homes Read More

FHFA, Invisible Credit, and Change$ to Fannie and Freddie

By / August 8, 2017 / Affordable Housing, Business, Finance, Legislation, Politics

A bipartisan pair of lawmakers – Senator Tim Scott, (R-SC), and Senator Mark Warner, (D-VA) – have come together to create a bill that aims to increase homeownership through reform of credit guidelines for those with “invisible credit.” “Invisible Credit” is when individuals or families have paid their bills – …

FHFA, Invisible Credit, and Change$ to Fannie and Freddie Read More

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Huge Shortage of Doctors Looming, Is ObamaCare the Fix or Blame?

By / August 8, 2017 / Manufactured and Modular Housing News

The NFIB says that ObamaCare is one of the hottest topics for small business, including manufactured housing.  Indeed, healthcare impacts everyone. This study about the looming doctor shortage may make the healthcare debate even hotter. Research by the Association of American Medical Colleges (AAMC) has found that the U.S. could …

Huge Shortage of Doctors Looming, Is ObamaCare the Fix or Blame? Read More

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Support or Deport – Which Costs U.S. Taxpayers More?

By / August 7, 2017 / Analysis, Business, Economy, People, Politics, Trends

Low cost labor.  Human rights.  Given manufactured home communities that have significant numbers of illegals.  The impact on depressing U.S. citizen’s wages caused by the presence of millions from “south of the border.” With all the talk of President Trump’s plans to deport illegal immigrants, the Center for Immigration Studies …

Support or Deport – Which Costs U.S. Taxpayers More? Read More

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Billionaire$ and Millionaire$ in Posh, New York Manufactured Home Resort

By / August 7, 2017 / Manufactured and Modular Housing News, Manufactured Home Communities, Manufactured Homes

A 1950s camp site turned into what was back then correctly called a mobile home park, has now become a manufactured home “billionaire’s playground” resort community. An upcoming spotlight on MHLivingNews, will feature Montauk Shores Resort, where millionaires and billionaires find a prime spot in the ritzy Hamptons, on Long …

Billionaire$ and Millionaire$ in Posh, New York Manufactured Home Resort Read More

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Kid Rock Leads GOP Field for U.S. Senate, Other Poll Results Mixed 

By / August 7, 2017 / Election, People, Politics

Millionaire manufactured home owner Kid Rock put up a website announcing his potential run the U.S. Senate, as the Daily Business News has previously reported. The star says that there’s been an outpouring of support from both fans and politicos alike. “I was beyond overwhelmed with the response I received from …

Kid Rock Leads GOP Field for U.S. Senate, Other Poll Results Mixed  Read More

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Ross Kinzler, Others Ask – What Jobs Will Remain?  Are AI and Automation Taking Over?

By / August 5, 2017 / Economy, Jobs, Manufactured and Modular Housing News

“There are more than 6 million unfilled jobs in the U.S.  Many of the unemployed lack skills for those jobs.  Why?” asks Ross Kinzler, the award-winning, now actively-retired director of the Wisconsin Housing Alliance (WHA). “Doesn’t the U.S. have government-operated training centers,” he asks, “for advanced skills currently called tech …

Ross Kinzler, Others Ask – What Jobs Will Remain?  Are AI and Automation Taking Over? Read More

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