Arguably at the heart of the affordable housing crisis is an access to lending for the most affordable homes built in America, manufactured homes. “The Enterprises” of Fannie Mae and Freddie Mac are mandated by the Housing and Economic Recovery Act (HERA 2008) to support manufactured home lending under …
Warren Buffett, Charlie Munger, Fannie Mae, Freddie Mac, Berkshire Hathaway Backstory Read More
“Today’s groundbreaking numbers are demonstrative of what I’m hearing everyday from small business owners – that business is booming. As the tax and regulatory landscape changed, so did small business expectations and plans,” said National Federation of Independent Business (NFIB) President and CEO Juanita D. Duggan. “We’re now seeing the tangible results …
Record Shattered on SBO, Yields Growth, Profits, More Says Juanita Duggan’s Group Read More
Markets were mixed today, for reasons found in the bullets from CNN and Fox, further below. But one of the developments worth noting was President Donald J. Trump signing a trade deal with South Korean President Moon Jae-in. It means more jobs in the U.S., and that can lead to …
POTUS Trump ‘Keeps Another Trade Promise,’ Plus Manufactured Housing Market UPdates Read More
“You are entitled to your own opinion, but you are not entitled to your own facts.” – Daniel Patrick Moynihan, per Wikipedia. Erlanger, KY is across the Ohio River and near Cincinnati, Ohio. Fort Mitchell, KY is nearby too. So, it is no surprise when a successful business professional and …
PND 3001 Investments has proposed developing a 296 manufactured home development in South Elgin, IL. It is about an 88-acre site. The plan is for an adult, 55 plus community. Planners are positioning a comparison to Saddlebrook Farms in Grayslake, IL, which Chuck Fanaro developed, and years later, Hometown …
Plan for New 296 Site Metro Manufactured Home Community Read More
Fuel costs are an important element to manufactured housing transportation. Domestic drilling is another tie-in with factory-built housing. OPEC is the “Organization of the Petroleum Exporting Countries.” The OPEC cartel is primarily Middle Eastern. As fracking has made the U.S. rival Saudi Arabia and Russia in oil production, OPEC has …
You don’t have to be a doctor of dentist to realize that a person who relies on a diet of sugar, sweets, and fails to balance or brush will end up with rotten teeth and other health issues. That is an analogy for manufactured housing professionals to ponder. …
Sugary Sweet Reports on Manufactured Housing Industry Read More
Longtime manufactured housing industry readers know that the issues of monopoly or antitrust concerns have grown in recent years. These relate to several sources of perceived antitrust threats that debatably harm independents, consumers, the economy, and others in the industry. There are obviously voices and agendas on each …
Draft EO for Trump Administration AntiTrust Order Obtained by MHProNews Read More
“We’ve been trained by the media to think that things are always getting worse – including on subjects like poverty,” said Visual Capitalist in comments to the Daily Business News on MHProNews. “For example,” Jeff Desjardins wrote, “a recent survey showed that 87% of respondents thought that global poverty …
“Decline of Extreme Poverty in Perspective,” Infographic, Report Read More
Facts are facts. The Washington Post (WaPo) is owned by Jeff Bezos, a pro-Obama, pro-Clinton Democratic supporter. In May 2016, as President Barack Obama’s presidency was moving towards its close, WaPo reported, “But we have not seen a major shift in [antitrust] enforcement under Obama.” Slate is another left leaning media source. …
Did Google, Others Touching MHVille Take Big Step Toward AntiTrust? Plus MH Market Updates Read More
“Rental markets are local, and vary widely across country,” said Danielle Bastarche, Deputy Assistant Secretary for Public Housing and Voucher Programs. It is part of the introductory remarks for the video posted below, which includes several panelists who were involved in studying the issue. It’s recorded in front of …
HUD Voucher Program – Presentations Video – Manufactured Housing Can Qualify Read More
A state association member forwarded the following news tip to MHProNews for commentary and analysis, which reflects an interesting pivot by the Manufactured Housing Institute (MHI). The Manufactured Housing Consensus Committee (MHCC), met last week, as the Daily Business News recently reported. Per HUD, the MHCC is a …
Report: Manufactured Housing Institute (MHI) Follows Prior MHProNews Lead Read More
Record-after-record on the stock markets since the election of President Donald J. Trump. Record-after-record in employment for minorities, women, and all workers since the election of the 45th U.S. president. Some of the debate and outlook of what’s ahead will all be in our featured report this evening. If you’re …
New Highs, Tired of Winning Yet? Plus, MH Market UPdates Read More
In a media release to the Daily Business News on MHProNews, Skyline Champion Corporation (NYSE: SKY) announced that certain “shareholders (the “Selling Shareholders”) intend to offer for sale 6,000,000 shares of its common stock pursuant to the Company’s shelf registration statement filed with the Securities and Exchange Commission (“SEC”). In …
Skyline Champion Makes Major Announcement, Plus “Insider” Look Read More
New York City Mayor Michael Rubens Bloomberg owns Bloomberg News. Bloomberg has signaled an interest in running against President Donald J. Trump in 2020 as a Democratic Party candidate. So even that brief background is enough to say that Bloomberg News is not a pro-Trump media outlet. With that brief insight, tonight’s …
1 Million Jobs, Poof! Jack Ma Warns “20 Year Trade War,” Plus MH Market Updates Read More
“What’s Wrong is that We Don’t Ask What’s Right.” – G. K. Chesterton. “Donations to Abortion Rights Organizations: Buffett is a liberal and is pro-choice. In an effort to lend his support as an abortion and reproductive rights advocate, the billionaire has donated $1.2 billion to abortion rights …
They work in our industry’s factories, and on farms that use manufactured homes as the living quarters for their ‘hands.’ They buy or lease pre-HUD Code mobile homes and post-code manufactured homes from retailers or in land lease communities. They do service work, maintain, and do grounds-keeping in …
Let’s note that new tariffs between China and the U.S. today still witnessed a strong day on Wall Street. There’s growing signs that the market is ‘getting it’ on the “America First,” POTUS Trump trade battle. That said, let’s pivot to a key Senate contest. If Democrats are going to …
There could be several different reports on this Department of Energy (DOE) manufactured housing energy rule. As of yesterday evening, over 1,000 comments had already been posted publicly on the federal regulatory comments site. That indicates several things – including, but not limited to – the array of voices …
A big manufactured housing show is set for October 15-17, 2018 in Fort Worth, TX. It makes several simple, yet profit-generating, promises. Free Education, A variety of off-hours fun and entertainment, Special Financing that helps you stock and sell more homes, Marketing and Sales Tips from Pros, To learn …
Fall Manufactured Housing Show Features Free Education, Fun, Special Financing, & More Read More
