In the Topsy Turvey oddly touted by Joe ‘Bidenomics‘ land, journalists and publishers with op-ed capacity have day to day decisions to make on heartbreakingly vexing topics like this headline issue involving the Manufactured Housing Institute (MHI) letter with a coalition of 17 other nonprofit housing organizations. Millions are struggling to afford rents. When those in that troubled scenario can’t make ends meet, some will call on public officials to act. That press of stressed renters and their supporters is an apparent part of the background of the letter from that housing nonprofits coalition dated 8.10.2023 letter to Sandra Thompson, director of the Federal Housing Finance Agency (FHHA), attached further below. Most of that letter by MHI et al could technically be true. But their coalition letter nevertheless omits or downplays several significant topics.

For example, why isn’t MHI getting that same housing coalition’s support to press FHFA for true Duty to Serve (DTS) enforcement that includes robust chattel as well as parity in land home lending support for manufactured housing?

Why doesn’t “got clout?” MHI 2.0 get that same housing coalition to press HUD Secretary Marcia Fudge to implement the long overdue implementation of the so-called “enhanced preemption” provision of the Manufactured Housing Improvement Act (MHIA) of 2000?

Why didn’t MHI sign onto the consumer coalition that wanted more affordable chattel lending for manufactured home buyers?

Or regardless of the economic arguments and data that they raised, what about the political pressures arising from the economic pressures on millions of everyday Americans, the vast majority of whom aren’t keeping pace with inflation? With U.S. credit card debt hitting record highs, there is only so long that millions can keep borrowing to meet day to day needs. It is with those and other factors in mind that MHProNews provides the latest entirely predictable crisis in Bidenomics America, where Bidenflation is caused by borrowing money for programs that don’t accomplish their purported goals and wars that are unlikely that be won. With a de facto open southern border, it’s obvious that population growth beyond the capacity of site builders to cope with in the current regulatory and economic environment is illustrated by New York City’s Mayor Adams asking for $12 billion dollars of federal money to cope with their illicit border-jumping migrant crisis. An array of problems exist that must each be dealt with. Will MHI tell our industry most of those politically incorrect realities? They haven’t yet, so why should we think they will start now?

Part I of this reporting with editorial commentary is the press release for the coalition letter that bears MHI’s logo and name.

Part II is the actual letter, which naturally has additional insights not found in the media release.

Part III is additional information with more facts, analysis, applied common sense. Because once more, the problems spell opportunities I’m disguise for industry professionals that are obviously going untapped.

Part IV is our Daily Business News on MHProNews recap of the left-leaning CNN Business and right-leaning Newsmax ‘market moving’ headlines including the macro- and manufactured housing connected equities report.

Part I

Broad Coalition of Housing Providers and Lending Associations Warns FHFA Against Rent Control

August 10, 2023 01:05 PM Eastern Daylight Time

WASHINGTON–(BUSINESS WIRE)–Eighteen associations representing housing providers, lenders and residents today sent a letter to Federal Housing Finance Agency (FHFA) Director Sandra Thompson warning that mandatory rent control and rent stabilization policies will increase rents, reduce the capital needed to boost the supply of housing, and ultimately hurt current and future renters.

As FHFA considers changes for Fannie Mae and Freddie Mac-backed multifamily properties, the groups cautioned that rent control mandates will exacerbate the housing affordability crisis and that the best way to ease rising rents is to create voluntary incentives within Fannie Mae and Freddie Mac programs to expand the supply of much-needed affordable housing.

The signatories asked FHFA to reject imposing rent regulation as a condition of Fannie Mae and Freddie Mac-backed financing and instead, create additional voluntary incentives within the GSE programs to expand the supply of needed affordable housing.

Research has proven repeatedly that mandatory rent control is a failed policy, which does nothing to alleviate the root causes of housing affordability issues—namely the fact that our nation’s housing supply has not kept pace with the needs of our growing population. Rent stabilization disincentivizes rental multifamily housing investments across markets, particularly in communities of opportunity that already often have few affordable options.

Moreover, rent regulation is not equitable as it does not target lower- and moderate-income renters that are in most need of assistance, support and stability. Instead, it incentivizes current renters to remain in place for longer periods of time and disincentivizes additional investments in housing, thereby limiting opportunities for others who do not have access to the rental housing market in favor of those that already do. This inequitable approach most impacts people of color who already have limited access to many housing markets, especially those with good schools, nearby public transportation and other amenities.

Implementing rent control would be contrary to the goal and mission of Fannie Mae and Freddie Mac to creating more affordable housing opportunities for low- and moderate-income residents. In fact, a February 2022 study indicated that only 27 percent of firms surveyed said that they would be willing to keep their current investments, or add new ones, in rent-controlled markets.

As FHFA considers policy reforms, rather than instituting counterproductive rent control measures, we strongly urge the agency to expand programs that increase the supply of housing, lower housing costs and enhance housing equity and availability.

Letter signatories include:

American Seniors Housing Association
Council for Affordable and Rural Housing
Commercial Real Estate Finance Council
Institute of Real Estate Management
Leading Builders of America
Manufactured Housing Institute
Mortgage Bankers Association
NAIOP, the Commercial Real Estate Development Association
National Apartment Association
National Association of Home Builders
Nareit
National Association of REALTORS®
National Association of Residential Property Managers
National Housing Conference
National Housing & Rehabilitation Association
National Leased Housing Association
National Multifamily Housing Council
The Real Estate Roundtable ##

Part II – 8.10.2023 Housing Coalition Letter to Sandra Thompson

August 10, 2023

The Honorable Sandra L. Thompson
Director
Federal Housing Finance Agency  400 7th Street, S.W.
Washington, D.C. 20219
Dear Director Thompson:

The undersigned national real estate associations represent a broad coalition of housing providers and lenders that are committed to working together with the Federal Housing Finance Agency (FHFA) and the Enterprises to address America’s housing affordability crisis. Unfortunately, we face serious obstacles in addressing rising housing costs and delivering much-needed supply. As you consider changes for Enterprise-backed multifamily properties, we write to share our strong concern that rent control and rent stabilization policies that have been proposed have proven time and time again to increase rents, reduce the capital needed to boost the supply of housing, and ultimately hurt renters today and in the future. We ask that you reject imposing rent regulation as a condition of Enterprise-backed financing and instead create additional voluntary incentives within the GSE programs to expand the supply of needed affordable housing.

Research has proven repeatedly that rent control is a failed policy which does nothing to alleviate the root causes of housing affordability issues—namely the fact that our nation’s housing supply has not kept pace with the needs of our growing population. Rent control disincentivizes housing investments across markets, particularly in communities that already often have few affordable options. Moreover, rent regulation is not equitable as it does not target low- and moderate-income renters that are most in need of support and stability. Instead, it incentivizes current renters to remain in place for longer periods of time and disincentivizes additional investments in housing, thereby limiting opportunities for others who do not have access to the rental housing market in favor of those that already do. This inequitable approach most impacts people of color who already have limited access to many housing markets, especially those with good schools, access to transportation and amenities. This is contrary to the Enterprise’s goal of creating more affordable housing opportunities for low- and moderate-income residents. In fact, a February 2022 study indicated that only 27% of firms surveyed said that they would be willing to keep their current investments, or add new ones, in rent-controlled markets.^[1]

FHFA and the Enterprises should consider that rent control is nothing more than a politically expedient response to the increased cost of housing and other essential goods and services, and it results in a reduction of the available supply of rental housing and increases costs especially for those most in need. In a San Francisco case study, for example, the National Bureau of Economic Research (NBER) found that rent control “reduced rental housing supply by 15%, causing a 5.1% city-wide rent increase.”^[2]

We share the FHFA’s commitment to addressing the affordable housing crisis in our nation. Our organizations have long been strong supporters of voluntary programs supported by the Federal government, including the Low-Income Housing Tax Credit (LIHTC), expansion of the Section 8 programs, and the Enterprises programs that provide the financial resources necessary for developers to create more affordable units. Unfortunately, only 1 in 4 Americans that need housing subsidy receive it, as not nearly enough resources have been invested in these voluntary efforts over time, resulting in a particularly severe shortage of affordable housing. We call on Congress, FHFA, and the Enterprises to dedicate more funding and resources for programs that provide assistance to those families in need and in programs that have the potential to increase development and preservation opportunities for low-and moderate-income households who need it the most.

Implementing failed policies such as mandatory rent control will create instability in an already challenged market and undermine the important goals of fostering a healthy and equitable housing market, increasing supply, and creating successful communities where people of all backgrounds can build their lives. As such, we respectfully encourage FHFA to refrain from implementing policies like rent control on private rental housing providers and instead focus on leveraging federal resources in the form of incentives to bolster new affordable housing.  Sincerely,

[1] https://www.nmhc.org/news/nmhc–news/2022/nmhc–rent–control–update–multifamily–firmsreconsider–investments–in–rent–control–markets/.

[2] https://www.nber.org/system/files/working_papers/w24181/w24181.pdf.

MHProNews Notes: The PDF of the letter above is found here.
Note that this letter was not included in the press release via Berkshire Hathaway owned BusinessWire, but was nevertheless obtained by MHProNews for this report and related analysis. 

Part III

The following inquiry was sent to a media contact for the 18 coalition of 18 housing associations. The reasons why these inquiries matter will be spelled out further below.

The message to a media contact for the aforementioned housing coalition read as follows.

We are the runaway largest and most read trade media serving manufactured housing.

https://www.businesswire.com/news/home/20230810122241/en/Broad-Coalition-of-Housing-Providers-and-Lending-Associations-Warns-FHFA-Against-Rent-Control

To your knowledge, has the Manufactured Housing Institute (MHI) ever asked that same coalition of housing nonprofits to support the enforcement by HUD of the enhanced preemption provision of the Manufactured Housing Improvement Act of 2000?

Or has MHI asked that same nonprofits housing coalition to encourage FHFA Director Sandra Thompson to compel the GSEs to do robust chattel lending on HUD Code manufactured homes?

We will be reporting today on the press release above, but will do a follow up tomorrow. Sooner than later is our time line, but please do let us know regardless of when you have the accurate response. We value emailed responses that are on the record for our mutual accuracy in handling and reporting. Thank you.

Tony

(L.A. “Tony” Kovach for MHProNews)

That was sent on 11:03 AM ET 8.12.2023. About 26 minutes later (11:29 AM ET), the following response was sent to MHProNews.

“Thank you for reaching. I’d suggest reaching directly to MHI on those questions.”

A follow up was sent by MHProNews at 11:36 AM ET.

“Thanks for your swift reply. MHI won’t respond to that question. Thus, the inquiry to you. Insights? Are you aware of any such asks? If you would like, we’d take an off the record response.

The response at 11:48 AM ET from that contact to MHProNews said: “…won’t be able to answer those – doesn’t sound like issues we cover.”

Two Possibilities?

There appears to be two possibilities. MHI has asked that coalition for such support on the “DTS” and “enhanced preemption” issues. MHI hasn’t made such an ask.

• If MHI hasn’t asked, why haven’t they done so? Restated, why is MHI helping mainstream conventional housing associations without getting similar support in return?
• If MHI has asked for such support, why haven’t they got the kind of support that MHI is giving them on issues like the above?

Meaning, whatever the situation may be – MHI has or hasn’t asked – what is clear is that there has been no known evidence of a similar document from 17 other housing nonprofits weighing in with MHI to get support for DTS and “enhanced preemption.”  Some evidence via a Bing AI chat inquiry by MHProNews is warranted.

MHProNews Bing AI Chat Inquiry:

“Did the Manufactured Housing Institute (MHI) obtain a letter from a coalition of conventional housing nonprofits in support of HUD enforcing the enhanced preemption provision of the Manufactured Housing Improvement Act (MHIA) of 2000 for HUD Code manufactured homes?”

I’m not sure about that. However, I found an article from einnews.com that says the Manufactured Housing Improvement Act (MHIA) of 2000 is explored. “Enhanced preemption” is the authority that Congress gave HUD through the MHIA to preempt local zoning barriers that tend to limit affordable housing¹.

I hope this helps!

Learn more:

1. einnews.com2. hud.gov 3. menafn.com 4. manufacturedhomepronews.com“

A similar question was put to Bing AI Chat regarding the DTS manufactured housing in chattel lending.

On the related question for DTS, Bing’s AI mistakenly pointed to the coalition of nonprofits that MHI failed to sign onto. See that Bing search inquiry result is linked here. But in each case, note that top responses on Bing revealed reporting and analysis by MHProNews lacking from others.  The following linked reports where among the top responses on Bing.

Exposé – New Manufactured Housing Institute Letter Documents Rental Housing Promo Apparently At Odds with MHI’s Claimed Mission – Exposes MHI Board Members, Staff to Legal Issues – Exclusive Facts & Analysis

Manufactured Housing Institute ‘Housing Alert’ ‘Supreme Court Case Challenges CFPB Funding’ MHI Backstory, Implications Explored – Legal Contingency Champions Wanted; plus MHVille Stocks Update

MHI ‘Special Bulletin’ DOE MH Energy Regs Lawsuit ‘Effort to Ensure Consistent Industry Message,’ Will Manufactured Housing Institute Launch More Suits? Plus Sunday Weekly MHVille Headlines Recap

https://www.manufacturedhomepronews.com/wp-content/uploads/2022/03/3.25.2021LATonyKovach-ListeningSessionStatementPimpleOnElephantsAssMHProNews.pdf

But one takeaway and key point of this is that MHI is oddly acting in ways that appear to be contrary to the interests of most consumers and thousands of independent firms that have operated in the industry during the 21st century.  The Manufactured Housing Association for Regulatory Reform (MHARR) president and CEO, Mark Weiss, weigh in with MHLivingNews recently in an exclusive Q&A that makes several factual and evidence-based points.

MHI for some time used the image below asking: “got clout?” They then asserted that industry members could “get it here” – meaning, get it at MHI. After MHProNews repeatedly pointed out the nonsense of that claim, in part by pairing it with the classic Wendy’s “where is the beef?” commercial, MHI quietly dropped it. Fact checks and pushback does yield some minor to significant victories.

It is simply not plausible that if MHI sincerely wanted to work for ‘all segments’ of the industry that they would routinely behave in a fashion that benefits consolidators and may not benefit others.

The Biden administration has more than one type of renter related plans underway.

The Biden Housing Plan has apparently performed rather like Bidenomics.  Some have benefited, but most have not. Despite record federal spending, the 5-decade pattern starkly laid out by HUD’s own researchers continues unabated. No wonder suicides and some forms of drug abuse are at or near record levels. The world can indeed look topsy turvy.

But creating a sense of helplessness or hopelessness may be an intended or unintended part of the plan to get people to trust leaders who have obviously led the nation into this troubling time.

‘Americans Subject to Bureaucracy Tyranny’-Supreme Court Case Loper Bright Enterprises v. Raimondo–‘Many Bureaucrats Don’t Give a D-mn About Voters;’ Chevron Deference Amicus Brief; plus MHStocks

Manufactured Housing – ‘Now That’s Entertainment!’ – Drama Factor Rising at the Manufactured Housing Institute (MHI) – Rest of Story Facts, Views; plus Sunday Weekly Headline Recap 

See the linked and related reports to learn more.

Don’t Just Be a Victim! Sales Guru Anthony Iannarino Explains “How to Beat a Rigged System” Unpacking and Exploring Success Principles, Takeaways and Tactics; plus, MHVille Markets Update

Part IV. Daily Business News on MHProNews Markets and Headline News Segment

Headlines from left-of-center CNN Business – from the evening of 8.11.2023

• Sam Bankman-Fried is going to jail
• A federal judge said there is probable cause the disgraced FTX co-founder attempted to tamper with witnesses
• Amazon warns employees who don’t go to the office enough
• IRS cannot find millions of backup tax records, watchdog says
• Target recalls 2.2 million candles that pose a safety threat
• US consumers are feeling less optimistic about the economy for the first time this summer
• US inflation means families are spending $709 more per month than two years ago
• Israeli startups are moving jobs and money out of the country. Here’s why
• US wholesale inflation rose more than expected in July
• Linda Yaccarino was pressed about the chaos on Elon Musk’s X. Her answers were detached from reality
• Don’t be fooled by rising consumer price data, take a peek behind the numbers
• IEA sees risk of even higher oil prices this year
• Regulators give green light to driverless taxis in San Francisco
• UK economy records surprise growth. It may not last
• Subway is now charging extra for a cheese slice in India
• Chinese property giant Country Garden warns of $7.6 billion loss as it nears default
• New Zealand plans to require large firms to report gender pay gaps
• Mushrooms are being farmed in Abu Dhabi’s desert
• Help is needed as wildfires ravage Hawaii. How to know your donation is going to a legitimate charity
• Biden administration defends communications with social media companies in high-stakes court fight
• Writers Guild and studios set to resume negotiations on Friday
• Portable hotspots arrive in Maui to bring internet to residents and tourists
• X is ‘close to breakeven’ says CEO Linda Yaccarino
• Why cell phone service is down in Maui — and when it could be restored

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below the graphic below or click the image and follow the prompts.

Headlines from right-of-center Newsmax 8.11.2023

• Hunter Biden Faces Trial After Plea Deal in Delaware Collapses
• A potential plea deal between Hunter Biden and the Justice Department collapsed Friday after attorneys for both sides failed to finalize an agreement. [Full Story]
• Related Stories
• Comer: Weiss Appointment More DOJ Coverup
• AG Will Appoint Special Counsel in Hunter Biden Probe
• Comer to Newsmax: Work to Do Before Bidens Subpoenaed
• Mike Huckabee to Newsmax: Biden Scandal ‘Far Bigger Than Watergate’
• New Trump Indictment
• CNN: Ga. DA to Seek Over a Dozen Trump Indictments
• Judge: Trump Can Share Some Evidence Publicly in Election Case
• West Virginia AG: Jan. 2 Trump Trial Date ‘Outrageous’
• Bernie Kerik: Trump Indictments Conspiracy by Dems | video
• Fulton County DA Warns Staff Not to Respond to Trump Ad
• McLaughlin: They’re Trying to Put a ‘Gag Order’ on Trump | video
• Ramaswamy: I’m Against ‘Persecution’ of Trump | video
• Cotton: Fair Trial for Trump Impossible in D.C.
• Prosecutors Seek Jan. 2 Date for Trump Election Trial
• More New Trump Indictment
• Newsmax TV
• Ernst: Iowa Fair a Candidate Tradition
• Ric Grenell: Israel-Saudi Deal Must Be Bipartisan | video
• Brumley: Motto Will Be in Louisiana Classes | video
• Boebert: Prioritize Biden Impeachment Inquiry | video
• Christie: Expect Trump at First Debate | video
• Former VA Sec.: Biden WH Killed Veterans’ Choice | video
• Marcus Schroeder: ‘Surprised’ by Arrest at Drag Queen Protest
• Comer: Work to Do Before Bidens Subpoenaed | video
• Brewery Heir: Want to ‘Make Bud Light Great Again’ | video
• Meuser: Biden’s Boasts ‘Ultimate Level of Gaslighting’ | video
• More Newsmax TV
• Newsfront
• Camp Lejeune Vets Still Await Pledged Settlement
• A year after President Joe Biden signed key legislation aimed at streamlining the compensation process for possible victims of toxic water exposure at Camp Lejeune in North Carolina, veterans and families are still waiting for promised settlements…. [Full Story]
• Bankman-Fried Back in Jail, as Judge Revokes Bail
• Sam Bankman-Fried’s bail was revoked ahead of his October fraud [Full Story]
• Jeff Bezos Buys Home in Miami’s ‘Billionaire’s Bunker’
• Jeff Bezos, the founder of Amazon, is buying an estate on an [Full Story]
• Hunter Biden Delaware Plea Deal Collapses
• A potential plea deal between Hunter Biden and the Justice Department [Full Story]
• Related
• Comer: Weiss Appointment More DOJ Coverup
• White House: Comer Undermining ‘His Own Credibility’
• AG Will Appoint Special Counsel in Hunter Biden Probe
• Biden Lawyers, Special Counsel Discuss Interview Terms
• 55 Dead in Maui Wildfire, Recovery to Take Years
• Maui’s wildfires have killed at least 55 people, a toll expected to [Full Story]
• Trump Supporters Hostile to Pence at Iowa State Fair
• Former Vice President Mike Pence, during a question-and-answer [Full Story]
• Related
• Mayor Suarez Concerned He’s Being Left Off Surveys
• Poll: Trump Increases Lead in Iowa
• DeSantis: Drone Strikes an Option to Fight Cartels
• Poll: DeSantis Unpopular With Female GOP Voters vs. Trump |video
• Tim Scott Says He’ll Sign GOP Loyalty Pledge
• FEC Moves to Regulate Deepfakes in Election Ads
• Trump Gets Pushback for Refusing to Sign GOP Unity Pledge
• China Detains Worker Suspected of Spying for CIA
• China arrested a worker from a military industrial group for [Full Story]
• Zelenskyy Fires All Regional Military Recruitment Chiefs
• Ukrainian President Volodymyr Zelenskyy announced the dismissal of [Full Story]
• Related
• US Sanctions Russians on Board of Alfa Group
• Ukraine Orders Evacuations as Russia Advances
• Germany in Talks to Send Taurus Missiles to Ukraine: Source
• Russian Missile Debris Falls on Kyiv Children’s Hospital
• Poland to Deploy 10,000 Troops Along Belarus Border
• TASS: Warehouse Near Putin’s Residence Is on Fire
• Ukraine Declares Russian Vessels in Black Sea Fair Game |video
• Biden Asks Congress for More Than $13B to Support Ukraine and $12B for Disaster Fund
• China’s ‘No Limits’ Alliance With Russia Cracking Over Ukraine |Platinum Article
• Native Americans Want ‘Washington Redskins’ Name Back
• The Native American Guardians Association (NAGA) is urging the new [Full Story]
• 6 Taxpayer-Funded Green Energy Companies That Went Belly-Up
• An electric bus company touted by President Joe Biden that is now [Full Story] | Platinum Article
• Michael Cohen Looking to Challenge Dem Rep. Nadler
• Michael Cohen, an ex-attorney for former President Donald Trump and [Full Story]
• Manchin Likely to Skip WH Spending Celebration
• Joe Manchin, D-W.Va., is not expected to attend next week’s [Full Story]
• Doctors Group Urges Peers to Rethink Minors Trans Care
• A doctors group is urging the American Academy of Pediatricians (AAP) [Full Story]
• Musk Eyes Roman Colosseum for Zuckerberg Cage Fight
• Elon Musk said Friday that his much-hyped cage fight with Mark [Full Story]
• Gun Safety Groups Endorse Biden
• Key anti-gun violence groups are backing President Joe Biden’s 2024 [Full Story]
• Consumer Sentiment Dips, Inflation Outlook Improves
• S. consumer sentiment dipped in August, but Americans expected [Full Story]
• Wholesale Inflation Increased 0.3 Percent in July
• S. producer prices increased in July amid a rebound in the cost of [Full Story]
• Ecuador Arrests 6 Colombians in Slaying of Presidential Candidate
• Ecuador’s transformation into a major drug trafficking hub and the [Full Story]
• Global COVID Cases Up 80 Percent
• The number of new COVID-19 cases reported worldwide rose by 80% in [Full Story]
• Gold Bullion Seen Surging to $2,500
• Gold traders foresee gold rising to $2,100 and possibly as high as [Full Story]
• US Publishing Exec’s Kin Demand Probe of Fatal Boat Crash
• The family of a U.S. publishing executive killed in a boating [Full Story]
• Trump Lawyers, Feds Meet on Trial Discovery Rules
• Attorneys for Donald Trump will meet with federal prosecutors Friday [Full Story]
• Fulton County DA Warns Staff Not to Respond to Trump Ad
• The Democrat district attorney in Georgia who is pursuing criminal [Full Story]
• Hollywood Writers, Studios to Return to Bargaining Table
• Negotiators for striking Hollywood writers and the major studios will [Full Story]
• Russia Launches First Moon Mission in Nearly 50 Years
• Russia launched its first probe to the moon in almost 50 years, a [Full Story]
• Man Shot Dead by FBI Taunted Feds on Social Media
• A 75-year-old man from Provo, Utah, shot and killed during an FBI [Full Story]
• Stefanik Links ‘Damning Picture’ of Joe Biden to Scandal
• House Republican Conference Chair Elise Stefanik, R-N.Y., said a 2015 [Full Story] | video
• Governor: Hawaii Wildfires Death Toll Expected to Rise
• The death toll from a wildfire that has turned the resort town of [Full Story] | video
• Biden: China a ‘Ticking Time Bomb’ Due to Economic Troubles
• President Joe Biden on Thursday called China a “ticking time bomb” [Full Story] | video
• Drug User Gun Ban Cited in Hunter Biden Case Shot Down
• Drug User Gun Ban Cited in Hunter Biden Case Shot Down
• A federal appeals court has ruled that drug users shouldn’t [Full Story]
• FEC Moves to Regulate Deepfakes in Election Ads
• The Federal Election Commission has begun a process to potentially [Full Story]
• Starbucks Wins Dismissal of Lawsuit Over Diversity
• A U.S. judge said Friday he would dismiss a lawsuit against the Starbucks board that was brought by a conservative activist shareholder opposed to the company’s diversity, equity and inclusion policies…. [Full Story]
• Top 20 Cheapest New Cars You Can Buy Right Now!
• Yellen Sees ‘Resilience’ in US Economy Even as it Cools
• Oil Sees 7th Straight Weekly Gain on Record Demand
• Avoid This Sneaky Wealth Tax Before January 2024
• More Finance
• Health
• Heartburn Meds Linked to Increased Risk for Dementia
• Older adults who use certain heartburn medications for years may have a heightened risk of developing dementia, a new study suggests. The study, published Aug. 9 in the journal Neurology, is the latest to point to potential hazards from prolonged use of medications called…… [Full Story]
• Playing Football Linked to Increased Parkinson’s Risk
• Camp Lejeune Vets Still Waiting for Promised Settlement
• Is There a Benefit to Adding Salt to Drinking Water?
• Israeli Researchers Unveil Potential Lung Cancer Treatment

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below the graphic below or click the image and follow the prompts.

Triad Financial Services Parent ECN Capital Charged by CLC with ‘Foreign Election Interference’ Linking Ron DeSantis Campaign, Triad Pres Mike Tolbert Exclusive Reply to MHIndustry Pros, Others

2023 …Berkshire Hathaway is the parent company to Clayton Homes, 21^st Mortgage, Vanderbilt Mortgage and other factory-built housing industry suppliers.
· LCI Industries, Patrick, UFPI, and LP each are suppliers to the manufactured housing industry, among others.
· AMG, CG, and TAVFX have investments in manufactured housing related businesses. For insights from third-parties and clients about our publisher, click here.

 

2022 was a tough year for many stocks. Unfortunately, that pattern held true for manufactured home industry (MHVille) connected stocks too. See the facts, linked above.

====================================

Disclosure. MHProNews holds no positions in the stocks in this report.

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• Note 1: MHVille means manufactured housing industry, MHVille also means artificially smaller manufactured housing (MH) industry,
• Note 2: Manufactured housing, production, factories, retail, dealers, manufactured home, communities, passive mobile home park investing, suppliers, brokers, finance, financial services, macro-markets, manufactured housing stocks, Manufactured Home Communities Real Estate Investment Trusts, MHC REITs.

That’s a wrap on this installment of “News Through the Lens of Manufactured Homes and Factory-Built Housing” © where “We Provide, You Decide.” © (Affordable housing, manufactured homes, stock, investing, data, metrics, reports, fact-checks, analysis, and commentary. Third-party images or content are provided under fair use guidelines for media.) (See Related Reports, further below. Text/image boxes often are hot-linked to other reports that can be access by clicking on them.)

By L.A. “Tony” Kovach – for MHProNews.
Tony earned a journalism scholarship along with numerous awards in history. There have been several awards, honors and numerous public recognitions for his achievements in manufactured housing. For example, he earned the prestigious Lottinville Award in history from the University of Oklahoma, where he studied history and business management. Kovach is a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com, which is ranked as the runaway most read trade media in modern manufactured housing history. This article reflects the LLC’s and/or the writer’s editorial views and may or may not reflect the views of sponsors or supporters.