It is important to be fair and balanced. This video has had some 1.6 million views since it was first posted on YouTube on Mar 3, 2017, almost 2 years ago. To be precise, there have been 1,603,008 views as of the time of this Daily Business News on …
Warren Buffett “Oracle of Omaha” HBO Documentary Berkshire Hathaway #Advexon Video Read More
Prior to publishing this article, MHProNews asked officials at Clayton Homes for comment on this topic. The Daily Business News on MHProNews waited several days before publishing this report, giving the industry giant plenty of time to respond. They have to date exercised their right to remain silent. Now that …
Depending on what networks or news sources one turns to, there is uptalk and recession-fear lingo that’s been tossed around for months. So, in our evening market report, it makes sense to periodically glance at what hedge funds, investors, and other experts have to say about the subject. On a …
From the Bureau of Labor Statistics (BLS) – and commentary by media across the left-right media spectrum – the word heard is a surprisingly strong showing for new jobs, and labor force participation rates. On a day that most markets rose, and there were more gainers then losers for manufactured …
“Throwback,” BLS Reports New Records, Plus Manufactured Housing Market Update$ Read More
Whatever your thoughts are on the 45th President, one thing is certain. He seems to have a knack for being able to toss in a media narrative conversation changer, often when it is least expected. That’s what happened earlier today, when word came out that former GOP presidential hopeful, talk …
President Trump Considering Herman Cain for Fed, Manufactured Housing Stock Update$ Read More
There has been broad industry interest and concerns over the documents and video that Tim Williams at 21st Mortgage Corp, Kevin Clayton at Clayton Homes, and Warren Buffett at Berkshire Hathaway have failed to explain away — or even try. This was initially going to be a report …
CFPB and 21st, Second Shoe Drops? Flooring w/21st Mortgage Corp? Insider Tips Read More
Let’s begin by stating the obvious for clarity. We are not your attorney. That said, there are over 15 million hits on Google this morning, with the top results citing laws and legal precedents that make it clear that conversations or statements made in public are subject to audio or …
For some years, PBS and NPR have covered numerous stories that directly connect to the manufactured housing industry. The screen captures further below will reflect just two of several. To be polite, those reports have not been flattering for the manufactured home industry. To be blunt, those publicly-funded (in part) reports …
PBS & NPR Reporting on Manufactured Housing News, Pulling Back the Veil Read More
Cavco Industries (CVCO) has provided a recent release to the Daily Business News on MHProNews, regarding the announced selection of Susan L. Blount to the troubled firm’s Board Of Directors. We’ve held that release for reasons that yesterday’s report on Cavco make clear. Before turning to portions of the Cavco release, …
While broader markets slid, today was a symbolic throw back on manufactured housing connected tracked stocks. Most of them rose. That’s how it should be for the affordable housing industry. But our featured report tonight is about lifelong Democrat, former Starbucks CEO Howard Schultz. He’s announced his interest in running …
Timely information combined with money can move stocks and markets. Information may be legally or illegally used, as the growing storm clouds over Cavco Industries (CVCO) concerning certain trades by Joe Stegmayer and Cavco reminded the manufactured home industry and its investors. But note that Stegmayer and Cavco are not …
In a release to the Daily Business News on MHProNews, Fannie Mae (OTCQB: FNMA) said that they have “provided more than $65 billion in financing to support the multifamily market in 2018 with its Delegated Underwriting and Servicing (DUS®) program. Fannie Mae continued to serve as a key source of liquidity by …
Fannie Mae Reports Billions in Manufactured Home Community Deals, Details Others Lack Read More
“I recently discussed the differences between manufactured and modular homes along with the available mortgage options, but today we are going to be very specific and talk about how it can be possible to qualify for a manufactured home with a no down payment USDA loan,” said Sean Stephens, …
Metroplex Video Touts No Down Payment Loans on Manufactured Housing and Modular Homes Read More
On a day when most manufactured housing tracked stocks rose, the Daily Business News on MHProNews will take a look at Democratic presidential hopeful, Senator Elizabeth Warren’s proposed “wealth tax,” which will go beyond not just taxing incomes, but will also tax someone’s assets. Welcome to the 2020 race. …
Not Just Income Tax, Warren Pitches Wealth Tax On Assets, Plus MH Market Updates Read More
It is a well-known concern that Clayton Homes, and their affiliated/sister Berkshire Hathaway owned lenders, has been repeatedly accused of “racism” and “predatory lending.” Maxine Waters (CA-D), the new chairperson for the powerful Housing Financial Services Committee (FSC), and 3 of her colleagues are among those who have formally lodged …
At the closing bell, its been another up day on the markets. The bulk of manufactured home industry connected tracked stocks closed up. While there’s plenty of market movers we could touch upon, to mix things up, this evening we take a fascinating look at the “global war on cash” …
Global War On Cash? Plus, Manufactured Housing Equities Updates Read More
The rebranded Bureau of Consumer Financial Protection – formerly the CFPB, now the BCFP – has produced a January 2019 report that contains new data regarding manufactured housing lending. There are over 200 pages. We’ll simplify that for busy readers. MHProNews will hereby provide the entire document here as a …
The new National Association of Manufactured Housing Community Owners (NAMHCO) has launched another proverbial shot across the bow of the establishment Manufactured Housing Institute (MHI), that they broke away from last year. While it is too soon to see what the effectiveness of this new trade group will …
Berkshire Hathaway owned Clayton Homes and Vanderbilt Mortgage and Finance (VMF) are well known, dominating brands in manufactured housing. So, it should be of interest to the industry’s independents, who often have no choice but to deal with the marketplace realities of Clayton and VMF. This Daily Business News …
Broader markets rose today, as did many of the manufactured housing industry tracked stocks. But among the more talked-about issues by investment watchers and business sites this afternoon are the growing concerns that the partial federal shutdown will have more of an economic impact than was initially thought. That will …
