The markets closed down modestly today, the first dip in a week. Manufactured home connected tracked stocks closed mixed. Our focus this evening will be two firms that already have enormous economic influence, Amazon and Apple – both of which have their own initiatives involving factory building. While the Daily …
Imagine a system methodology or modus operandi (M.O.) that win, lose, or a even a so-so outcome was still rewarded. Hold that thought for later. Next, let’s turn to the Manufactured Housing Institute’s latest ‘news’ update to their members. Using the ‘wheat and chaff’ approach to analysis, MHI provided two …
Useful Manufactured Housing Institute Provided Info, MHI M.O. Revealed Read More
“At the center of a perfect storm of boomer burnout, a brutal recession, and a rapidly changing industry, the mobile home retail market could be the worst industry in America. Here’s why,” wrote Derek Thompson as his subheading on a story for the Atlantic, a popular progressive news …
On the fourth day in a row that markets rose, and most manufactured housing industry tracked stocks rose as well, we will look at reports on data that may help explain why markets dropped in December, 2018. That will be this evening’s featured focus. If you’re new, already hooked …
Why Did Stocks Tank in December? Plus Manufactured Home Stock Market Updates Read More
Shutdown theater continues in Washington, D.C. So, yesterday afternoon, the U.S. Department of Housing and Urban Development’s Federal Housing Administration (FHA) requested that approved lenders consider the financial hardships caused by the partial federal shutdown. That press release is below, including a letter linked from FHA’s Brian Montgomery. …
FHA Call to Lenders on Workers, Contractors, re: Federal Government Shutdown Read More
“Brian Darrell Montgomery (born August 2, 1956) is the current Assistant Secretary of Housing and Urban Development for Housing [HUD], also known as the commissioner of the Federal Housing Administration [FHA]. He also served as Assistant Secretary of Housing and Urban Development for Housing in the United States Department …
HUD’s FHA Commissioner Brian Montgomery on 2019 Manufactured Housing Hot Seat Read More
It’s still been a rough month on Wall Street, but today’s record move up on the Dow helped put a post-Christmas smile on the face of investors. Most manufactured home stocks rose. Some broader market commentary is our feature this evening. If you’re new, already hooked on our new …
In the days before GPS, Apple or Google Maps a good paper road-map had a rectangular box with ‘the legend.’ The legend in this sense of the word explained the meaning of the various circles, lines, symbols and how many miles-to-an-inch. ‘The legend’ unlocked the meaning of the map. In …
Legends, Battle of Bedford Falls, and Christmas in Affordable Housing’s MH Land Read More
An attorney who claims to represent the Manufactured Housing Institute (MHI) has sent a ‘demand’ letter to MHProNews. No proof of his representation of the Arlington, VA based Monopolistic Housing Institute, otherwise known as MHI, has yet been offered, but has been requested. The attorney’s letter has obvious errors in …
“Manufactured Housing Institute Attorney” Letter and MHProNews Response Read More
Part of Warren Buffett and Berkshire Hathaway’s “strategic moat” is arguably how access – or limiting of access – to capital impacts the manufactured housing industry. So, while some point to Buffett’s Berkshire benefit from the Tax Cuts and Jobs Act (TCJA), what is underreported in MHVille is …
Capital Pouring In, What Warren Buffett May Not Want MHVille Professionals to Know Read More
We are periodically asked for an executive summary of the issues that have caused the purported manipulation of the most affordable kind of permanent housing in America. What follows is that executive summary, and it will include two complimentary threads. Read the text. Then look at the illustrated cartoon-style …
New HUD Code manufactured home factories are gaining traction, as manufactured and modular housing shipments have been recovering. Skyline-Champion’s (SKY) soon-to-open production center in Leesville, LA is our focus for this evening’s market focus. Scroll down beyond the Manufactured Housing Composite Value to see that report. If you’re new, …
Perhaps it was no surprise. Perhaps it was a safe call. But our prior MHProNews reports on Legacy Housing’s Initial Public Offering (IPO) proved to be prescient. On a day when the Cavco Industries (CVCO), Skyline Champion (SKY), and even Clayton Homes parent Berkshire Hathaway (BRK) all took a slide, …
Legacy Housing Exclusive to MHProNews on Firm’s Solid IPO, Plus MH Market Updates Read More
The Federal Housing Administration (FHA) announced late today that loans limits for 2019 will be raised for most part of the nation. As manufactured housing industry veterans know, qualifying placements can allow a HUD Code home, or a modular home, to be financed with FHA insurance on the …
Home Loan Limits Raised in Over 3,000 U.S. Counties Read More
The timing of the Legacy Housing IPO is an interesting. The firm is attracting attention on its own merits from investors and analysts, who – for example – note that the two principles will have some 57 percent of the stock. The solid growth track-record for Legacy (LEGH), …
With Storm Clouds Over Cavco, Eyes on Legacy Housing (LEGH) IPO Today Read More
It has been about a month since the news rocked Cavco Industries that Joe Stegmayer had stepped down as Chairman and CEO in the wake of a subpoena issued by the SEC. We’ll look at the latest as our featured report, below. If you’re new, already hooked on our …
It should be a given that the upper management of Clayton Homes, and their Arlington, VA based Manufactured Housing Institute (MHI) are in favor of their stated agendas. No sooner than MHI released their self-promotion video, than the industry’s new home shipments data – those …
“What Are We, Chopped Liver?” MHI Member December 2018 Reactions Read More
The Daily Business News on MHProNews has spent weeks first documenting the sound fundamentals of the economy, and then underscoring some of the same – and very cogent points that – this Ph.D. from J.P. Morgan Chase makes in our featured report this evening. If you’re new, already hooked …
JP Morgan Guru Says, “Fake News” Shares Blame in Volatile Markets, plus MH Stock Updates Read More
From sources: inside the GSEs, from within the ranks of producers of HUD Code manufactured housing, plus association sources – meaning those aligned with the Manufactured Housing Institute (MHI) – the Daily Business News on MHProNews has received calls, messages, and in-person news tips about the Duty to Serve (DTS) …
Explosive Comments on Duty to Serve Manufactured Housing Lending from Well Placed Sources Read More
Jeff Bezos’ Amazon Alexa Fund has invested in factory-home building. Other FAANG stocks have a direct impact on manufactured housing, for marketing and other reasons. Investors ran for cover today for reasons noted in our left-right bullet headlines, below. The drop in FAANG will be our featured report this evening. …
FAANG Stocks Drop $140 Billion, Plus Manufactured Housing Industry Markets Read More
