If you haven’t noticed all of the buzz around the Federal Reserve’s expected rate move, then maybe you’ve been on vacation. One might sympathize with former Texas Congressman and multiple time presidential candidate, Ron Paul and wonder why the Fed has been given so much power over the U.S. economy? …
Abracadabra, with Wave of a Powell’s Hand, Rates Change – Plus MH Market UPdate$ Read More
Rain and dreary weather outside did not keep hundreds of manufactured home retailers, communities, builder/developers and others from coming to the Tunica Manufactured Housing Show yesterday. Warm smiles, an upbeat attitude was in abundant evidence. Just a few photos from the event hall where exhibitors were on display, yesterday. …
Tunica Manufactured Housing Show, Photo Report, Day One Read More
What does “News Through the Lens of Manufactured Homes, and Factory Built Housing” mean? Almost anything you can think of has some direct or indirect influence on manufactured homes (MH) and factory-built housing. Two obvious examples. Tax cuts and regulatory reform are political and economic issues that touched the …
Annual reports and investor presentations that involve manufactured housing companies can range from the black-and-white financial data and text, to robust, highly illustrated reports. Sun Communities (SUI) falls into the later range. While tens of millions of Americans misunderstand manufactured housing, sadly, thousands of manufactured home professionals have an …
Take what Kevin Clayton said in the exclusive video and reports previously produced by the Daily Business News. Marry it up with what Warren Buffett himself has said in interviews and comments, like those shown in the under 3 minute video below What you discover is a hand-in-glove fit. …
Warren Buffett Success Secret$, Video Interview Including “The Moat” Read More
Japan’s FTC raided Amazon offices their over antitrust issues. That’s not to be taken lightly in the U.S., because President Trump and politicos and economists across the left-right media divide have been increasing their concerns. This report follows on the heels of a string of legal, class action, and antitrust …
FTC AntiTrust RAID, Signal$ for U.S. Monopolistic Giant$? Plus MH Market UPdate$ Read More
Things are not always what they seem to be. When one compares mainstream media reports with industry news coverage, there are often significant additional insights found here on the Daily Business News. Why? How many mainstream media reporters or editor/producers have: A quarter century of direct manufactured housing industry …
Monteverde & Associates PC are headquartered in the Empire State Building in New York City, NY. Their press release and engagement letter says they have thoroughly investigated the Skyline Homes (SKY) and Champion Homes merger/acquisition. Per Monteverde press release, they are investigating “potential securities laws violations and/or breaches …
The Chicago Fed’s President, Charles Evans provides expert insights into the latest job numbers, which is tonight’s featured spotlight. If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports are found further below, just beyond the Manufactured …
Chicago Fed President on Labor Number$, Plus MH Market UPdate$ Read More
Just in, Gary Cohn’s said to be heading out. Tonight’s focus is once more on trade, tariffs, and macro-economic issues that impact the economy, and thus manufactured housing. If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline …
POTUS Trump on Looming Trade War, Stock$ Rise, Plus MHMarket UPDate$ Read More
The Duty to Serve (DTS) program for manufactured housing industry retailers, communities and potential home buyers took what may be a problematic twist in news revealed, according to a memo obtained by the Daily Business News. The memo to Donald H. Layton, Chief Executive Officer, Freddie Mac – one …
Champion Home Builders celebrated on February 6, 2018 , its 58th year of operating a production line in York, Nebraska, says the York News Times. “Lunch was catered in and birthday cupcakes were enjoyed by all 163 employees currently on staff. A commemorative t-shirt was also distributed,” said their …
York’s Champion Production Center Celebrates 58th Birthday Read More
After the MHProNews exposed – via a news tip – the plan by the resident activist group MHAction to protest the Manufactured Housing Institute (MHI) annual meeting last year, MHAction organizers pivoted and apparently went to ‘Plan B.’ Instead of protesting at MHI – where their element of surprise was …
Frank Rolfe, MHU/RV Horizons Protest by MHAction; Nathan Smith/SSK/MHI Flashbacks? Read More
Not nearly enough manufactured housing professionals connect the Wells Fargo name with manufactured housing connected lending. But in fact, Wells Fargo lends on manufactured homes, typically via government backed loans, and also on manufactured home communities too. Berkshire Hathaway’s significant stake, and their Vice Chairman Charlie Munger’s comments on Wells …
State officials are investigating after one person died at the Clayton Homes facility in Maynardville, TN on Monday, said the Knoxville News. The victim’s identity has not been released, and was not a Clayton Homes employee, per a statement by Chris Cannon with the Tennessee Department of Labor and Workforce …
Tragic Clayton Death Sparks Investigation, Background Others Missed Read More
Scott Wapner with CNBC recaps his conversation with legendary investor Carl Icahn on the market volatility and where he sees the market going from here. This tremor has or will settle down. Are the fundamentals sound? Is the big one coming? We’ll get different takes on that from Carl Icahn, …
“Not the Big One,” “Major Storm Coming” – Carl Icahn; Plus MH Market Updates Read More
Maybe you’re working for a giant, or maybe your a one-person operation. Either way, it’s your manufactured and modular home industry too. Thousands depend on us, and we depend on caring people willing to share what they know, to help inform others, so that they can navigate and …
“It’s the gift that keeps on giving,” an attorney researching the manufactured housing industry said to the Daily Business News. If so, it’s a gift courtesy of Warren Buffett, Kevin Clayton, and 21st Mortgage’s – and prior MHI Chair – Tim Williams, and the Urban Institute, among others. …
Warren Buffett Wants an MH Shark Tank – Clayton, 21st, MHI, ‘Gift that Keeps Giving’ Read More
It’s not an issue today. It could become one in the near term. As the Manufactured Housing Institute (MHI) winter meeting approaches, and there is more talk in the industry about anti-trust concerns, the question has been raised. What are the risks and responsibilities of corporations that could get up …
“This, in fact, is our new American moment. There has never been a better time to start living the American dream.” – President of the United States (POTUS) Donald J. Trump, was the left-of-center New York Times ‘quotation of the day.’ Quotes, facts, figures, and pictures can be worth a …
“Never a Better Time…Living the American Dream,” plus MH Market Update$ Read More
