Finance

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Exclusives! Tim Williams/21st Mortgage Corp, Kenny Lipschutz/Brookside Companies/ HomeFirst™ Certified Communities, Leigh Abrams/Drew/Lippert 

It’s safe to say that no publisher in the modern history of manufactured housing has interviewed more professionals about industry focused issues than MHProNews and MHLivingNews. It’s equally safe to say that in the last two years, there’s been no trade publisher that has explored the issues in a clear-eyed, …

Exclusives! Tim Williams/21st Mortgage Corp, Kenny Lipschutz/Brookside Companies/ HomeFirst™ Certified Communities, Leigh Abrams/Drew/Lippert  Read More

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Just the Facts – Trump Effect on Manufactured Home Connected Stocks, Part 1

While providing ‘fair and balanced’ coverage, as was reviewed earlier today in a separate report, it was a strategic decision to editorially support the Trump campaign in 2016. One year later, the fruits of that decision ought to be clear. While Nobel award winning Paul Krugman at the New York …

Just the Facts – Trump Effect on Manufactured Home Connected Stocks, Part 1 Read More

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Financial Services, Federal Reserve Plan

WASHINGTON, D.C. – “The Subcommittee on Monetary Policy and Trade held a hearing today entitled “Examining Federal Reserve Reform Proposals.” The hearing evaluated three legislative proposals to create a more independent, accountable, and transparent Federal Reserve that would improve economic opportunities for all Americans,” said the Financial Services Committee (FSC) …

Financial Services, Federal Reserve Plan Read More

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Fraud, Class Action, CFPB-Warren Buffett, Berkshire Hathaway, Clayton Homes, Vanderbilt Mortgage & Finance, 21st Mortgage, Manufactured Housing Institute, and the Manufactured Homes Industry

“Sometimes it’s best to hide in plain sight.” – David Estes In this special report, there will be a series of screen captures of headlines from articles and posts by third parties, plus quotes by others.  That will keep the reading focused and easy to follow. “What we learn from …

Fraud, Class Action, CFPB-Warren Buffett, Berkshire Hathaway, Clayton Homes, Vanderbilt Mortgage & Finance, 21st Mortgage, Manufactured Housing Institute, and the Manufactured Homes Industry Read More

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Vanderbilt, 21st Mortgage, “Easy Manufactured Home Loans,” GSEs and Manufactured Home Industry Lending Updates

Another informed source with a Berkshire Hathaway unit confirmed to the Daily Business News that Vanderbilt Mortgage and Finance (VMF) does indeed offer a zero-down payment loan program. That program is made exclusively for corporately owned Clayton Homes retailers, under their various retail outlet brands (Clayton, Oakwood, Freedom, etc.), per …

Vanderbilt, 21st Mortgage, “Easy Manufactured Home Loans,” GSEs and Manufactured Home Industry Lending Updates Read More

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Governor Announces Hurricane Recovery Loan$, Business, Homeowners, MH

In a program that manufactured homes qualify for, “The town of Fair Bluff will receive $1.85 million to help rebuild homes damaged by Hurricane Matthew and improve the town’s water supply, Governor Roy Cooper announced Thursday” in a release to the Daily Business News. This followed a previous announcement from …

Governor Announces Hurricane Recovery Loan$, Business, Homeowners, MH Read More

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Subcommittee Hearing on Security, Reforms to Protect Consumers and Businesses

Data security and credit records impacts almost everyone in America. More specifically and closer to the interests of industry professionals, manufactured home retailers and communities deal with credit and personal data daily. Producers, wholesale lenders, suppliers, and vendors deal with business credit and data daily too. So today committee hearing …

Subcommittee Hearing on Security, Reforms to Protect Consumers and Businesses Read More

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‘The Most Important Word in Investing,’ “Certainty,” MH Market Updates

Is the American economic magic back?  Listen to the expert voices in the videos, below, in our spotlight feature for today. 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 Most Important Word in Investing,’ “Certainty,” MH Market Updates Read More

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Time Frets Trump Wrecking Ball Hitting Government As We Know It, MH Market UPdates

How much regulation is good, and how much is too much?  Today’s snapshot, graphics and video, on that topic further below will be used to complement the Time Magazine cover that frets that the Trump Administration is wrecking the modern regulatory state.  And ICYMI it, earlier today the Daily Business …

Time Frets Trump Wrecking Ball Hitting Government As We Know It, MH Market UPdates Read More

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Canadian ECN Capital Signs Agreement to Acquire Triad Financial Services, Inc.

In a press release, ECN Capital announced its intention to buy Triad Financial Services, the oldest manufactured housing lending operation in the United States. Per their release, Toronto based ECN will pay $100 million in cash (C$125M) for Triad. “In addition, ECN Capital has agreed to an incentive compensation plan …

Canadian ECN Capital Signs Agreement to Acquire Triad Financial Services, Inc. Read More

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Battle Over Consumer Financial Protection Bureau’s “Sweeping New” Rule

The U.S. Chamber of Commerce, in a release, touted its support for a bill that would strike down a new anti-arbitration rule from the Consumer Financial Protection Bureau (CFPB).  Per the Chamber’s statement, “The CFPB promulgated an anti-arbitration rule that subjects millions of consumer contracts to regulations that degrade consumer …

Battle Over Consumer Financial Protection Bureau’s “Sweeping New” Rule Read More

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Warren Buffett’s Net Worth All-Time High, New Market Highs, MH Market UPdates

Our Warren Buffett report spotlight segment today includes a thought provoking video from Money, a division of the Time family. 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 …

Warren Buffett’s Net Worth All-Time High, New Market Highs, MH Market UPdates Read More

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Manufactured Home Lending Mystery Spotlight – Tom Heinemann, Heinemann Consulting, Formerly with HUD, and MHI Vice President

A list of manufactured home industry attendees at the recent Fannie Mae Duty to Serve (DTS) meeting in Washington, D.C. included the name of Tom Heinemann. As regular MHProNews readers know, Heinemann and Lois Starkey both quietly left the Manufactured Housing Institute (MHI). ‘Quietly,’ that is, in terms of MHI’s …

Manufactured Home Lending Mystery Spotlight – Tom Heinemann, Heinemann Consulting, Formerly with HUD, and MHI Vice President Read More

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 “More of the Same,” Leader Says About Fannie Mae Duty to Serve Meeting

“Fannie Mae, the government-sponsored housing finance giant, held a one-day work session on October 17, 2017 at its Washington, D.C. conference center, dubbed “The Future of Manufactured Housing Forum.” So began the Manufactured Housing Association for Regulatory Reform (MHARR) media release to the Daily Business News on MHProNews. “MHARR participated …

 “More of the Same,” Leader Says About Fannie Mae Duty to Serve Meeting Read More

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Hanks, Fonda, RNC Chair McDaniel Videos on Weinstein, Tax Reform, MH and Market Updates

Sexual politics. It’s nothing new in America. It’s not just Hollywood. It’s in the halls of political power, and in the workplace. So, it may seem odd for CNNMoney to talk about the impact on the markets, business, and politics…but doesn’t it make sense when you consider it? If you’re …

Hanks, Fonda, RNC Chair McDaniel Videos on Weinstein, Tax Reform, MH and Market Updates Read More

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Markets Roar, Stocks Soar, What Could Go Wrong? MH Stock Updates

Today’s spotlight feature will tee up an upcoming special report. 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 Housing Composite Value for today. The evolving Daily Business News market …

Markets Roar, Stocks Soar, What Could Go Wrong? MH Stock Updates Read More

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Association Leader, “FHFA, FANNIE And FREDDIE GIVE SHORT-SHRIFT to CHATTEL FINANCING”

“A proposed Federal Housing Finance Agency (FHFA) “Draft Strategic Plan for Fiscal Years 2018-2022” barely mentions implementation of the “Duty to Serve Underserved Markets” (DTS) by the two Government Sponsored Enterprises (GSEs), even though, according to the implementation plans submitted by those organizations to FHFA earlier this year, key aspects …

Association Leader, “FHFA, FANNIE And FREDDIE GIVE SHORT-SHRIFT to CHATTEL FINANCING” Read More

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New Long-Term, Market Rate Loans in Manufactured Home Communities, Report, Reactions

“Great announcement, huh?  Here’s my take and on-the-record comments,” said ROC USA President, Paul Bradley to MHProNews.  Bradley was commenting on an article by Patrick Barnard in Mortgage Orb, that ran under the headline, “New 30-Year Loan Program for Manufactured Homes Launched in New Hampshire.” “Getting a jumpstart on its mandate …

New Long-Term, Market Rate Loans in Manufactured Home Communities, Report, Reactions Read More

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CFPB’s Richard Corday “will be leaving” Says Treasury Secretary Steve Mnuchin

Consumer Financial Protection Bureau (CFPB) Director Richard Corday “will be leaving either way,” says Treasury Secretary Steven Mnuchin, to Bret Baier on Fox News’ Special Report tonight. As part of a broader discussion, Baier asked Mnuchin about the future of the CFPB, and that of its director. Mnuchin sees a …

CFPB’s Richard Corday “will be leaving” Says Treasury Secretary Steve Mnuchin Read More

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Need Capital? Meet the 15 Member, Trillion Dollar AUM Club

“Money rules the world, and doubtless also, here and there, the bit of love within it…” ― Robert Walser. “Follow the money,” and “Pay more attention to what people do than what they say.” – Marty Lavin, MHI award winner and industry veteran. Before a: new factory, a community acquisition, …

Need Capital? Meet the 15 Member, Trillion Dollar AUM Club Read More

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