“President Donald J. Trump announced [Monday] his intent to nominate the following individuals to key positions in his Administration,” the White House pressroom tells the Daily Business News. Dino Falaschetti of Montana, is to be the Director of the Office of Financial Research (OFR), Department of the Treasury. The White …
White House Announces Surprise Pick to Head Consumer Financial Protection Bureau Read More
“The Coming Collapse of China” author Gordon Chang discusses why the U.S. would win a potential trade war with China. With that being a hot topic, that will be our focus for tonight. If you’re new, already hooked on our new spotlight feature – or are ready to get the …
“Coming Collapse of China,” Trade War “Will be Easy to Win,” Plus MH Market Updates Read More
As the Daily Business News has noted previously, the broader economic and political developments routinely impact manufactured housing, and publicly traded stocks. Reports from publicly traded companies often point to broader U.S. economic issues, such as job creation, consumer confidence, or rising wages as factors supporting more sales. So tonight’s …
“Mensch” We’re preparing an article about a Jewish gentleman known by scores in the Manufactured Home (MH) industry. In mentioning our research to a Jewish MH industry colleague, he said, “Make sure you say that he was a mensch.” Google’s online dictionary defines the word “mensch” like this. mensch …
House Financial Services Committee Chairman Jeb Hensarling applauded the Consumer Financial Protection Bureau’s dismissal of PHH case, per a statement made to the Daily Business News. “This dismissal is the final nail in the coffin of what was a sad chapter in the Bureau’s short history,” Hensarling said. The Financial Services …
If analyst Dick Bove is correct, the Warren Buffett-Jamie Dimon plan could spell trouble for investors. That will be our focus report for this evening. 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 …
The first look at last night’s primaries continue to indicate that the blue wave from 6 months ago, has vanished. It’s a jump ball. With about 2 out of 3 Americans giving President Donald J. Trump “credit” for economic improvements, it is easy to see why Democratic strategists are concerned. …
In a letter to the Manufactured Housing Institute (MHI) and Manufactured Housing Association for Regulatory Reform presidents, Jonathan Lawless, Vice President of Fannie Mae advised the two national trade associations of their news “MH Advantage” program for manufactured homes. The opening from the letter from Lawless to the two …
Citing the monthly Job Openings and Labor Turnover Survey released today, CNBC says that for the first time in U.S. history, for two months running, there are more job openings than people available to fill them. That video and related commentary will be our market focus tonight. If you’re new, …
“When you find the person opposed by the elites of both major political parties, then you’ve found your presidential candidate.” That won’t turn up a search result for who first said that, but it’s a close paraphrase from a meme that was circulated during the 2016 political campaign. It’s a …
“Meshuggeneh” We were checking out at Walmart last night after dinner. The woman who was ringing up our order was lightly conversing with my husband and family. She was commenting on something the previous lady in line had said before leaving with her new goodies. The lady at the …
“Factory production can be achieved not only by complete factory production of housing units as in manufactured housing, but also with factory production of increasingly sophisticated building components that are then assembled in the field into traditional single and multifamily housing,” – Todd M. Richardson in Operation Breakthrough (reproduced below, …
“The Manufactured Housing Association for Regulatory Reform (MHARR) in written comments filed on May 30, 2018, has called on the Federal Housing Finance Agency (FHFA) — the federal regulator of mortgage giants Fannie Mae and Freddie Mac — to significantly revise and amend the final rule that it issued on December …
Stocks largely recovered today from four days of losses. The markets moved higher, even though the on-again, off-again tariffs and “trade war” talk is back on again. That will be our market focus for this evening. If you’re new, already hooked on our new spotlight feature – or are ready …
Tariffs Designed to Defend American Tech, Peter Navarro Video, Plus MH Market Updates Read More
“Proud to be an American” As we watched the release of Josh Holt and his Venezuelan wife, the ‘sound track’ of the Lee Greenwood song that includes the lyrics above was playing in our heads. First, the events of last night, courtesy of the White House press room to the …
WASHINGTON – House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement to the Daily Business News upon attending a signing ceremony at the White House for S. 2155. The “Economic Growth, Regulatory Relief and Consumer Protection Act,” is the formal name for S 2155, which was …
White House Signing Ceremony on Historic Pro-Growth Financial Regulatory Reform Read More
There is nothing quite like pie charts, facts and figures to dramatically illustrate what has taken place in HUDVille – the manufactured housing industry – over the last several years. Trend lines are important for lenders, investors, and business owners to be aware of, and these graphics should also be …
Clayton Homes, Top 25 Manufactured Housing Industry Report, Trend Lines Read More
In case you missed it (ICYMI), the markets have been roiled more by politics and international issues – which do at times, involve trade – as much or more that date or news about given stocks, economic, and market fundamentals. A variety of data, including corporate earnings, reveal a sound …
The Small Business Administration (SBA) was created to help independent business level the playing field in their access to capital markets. While a relatively small number of businesses tend to dominate various sectors of the manufactured housing industry, the vast majority of operations in retail, communities, production, installations, service, …
Fed Programs “ACCESS TO CAPITAL” for Small Businesses, including Manufactured Housing Read More
“Donald Trump’s 1987 bestselling book, “The Art of the Deal,” he “wrote about the importance of knowing “when to walk away,” said ABC News. The markets rose yesterday, and fell today, based in part upon reactions to the perceived chance for talks with China, and North Korea to successfully advance. Those will be …
Stocks Dump When China, ZTE, NoKo, US Deals in Doubt, Plus MH Market Updates Read More
