It is one of the most controversial issues in the manufactured housing industry today. Through their apparent power at the Manufactured Housing Institute (MHI), Clayton Homes has backed the notion of a “new class of manufactured homes.” It is a thorny issue, as there are various, divided views …
There is more industry and other interconnected news than we could possibly cover as we are currently configured. Actually, that’s true for any news organization. The New York Times and/or Fox News could each cover more news than they do, but it would take more time, talent, and treasure. Here …
White House Economic News, Christmas, & Oval Office Views, Plus MH Market Updates Read More
Who said that jawboning doesn’t work? President of the United States (POTUS), Donald J. Trump has been saying very publicly that he isn’t even a little happy with his pick to head the Federal Reserve as chairman, Jerome Powell. Today, in Powell’s speech to the Economic Club of New York …
Fed Chair Powell’s Full 24 Minute Economic Speech, Stocks Roar, Plus MH Market Updates Read More
Elections, monopolies, public policy, and repeatedly misleading mainstream media reports all have consequences. The Dow and other markets tumbled again on a short Black Friday trading session, and that will be our focus report, further below. If you’re new, already hooked on our new spotlight feature – or are ready …
Dow Falls 178+ Points, Worst Thanksgiving Week Since 2011, Plus MH Market Updates Read More
Disclosure. This “MHIdea” is not about MHProNews, and predates topics and positions we’ve published in the last few years. So this Daily Business News report is just that – an article that quotes from a manufactured home industry trade group that industry legend Dick Moore conceived, and was advanced …
Giving Thanks for Manufactured Housing Independents, Applauding “MHIdea!” Read More
On the evening before Thanksgiving, with millions traveling to see family, friends, and loved ones, the markets closed mixed. Some are talking about recession. Really? An expert look by Goldman Sach’s Peter Oppenheimer says no, which will be our featured report this evening. If you’re new, already hooked on our …
Market Woes? No Recession, Says Goldman Sachs, Plus MH Equities Updates Read More
MHProNews isn’t predicting the end of the world, nor the end of big tech – not yet, anyway – based upon these recent slides. Nor does the Daily Business News’ see only what big media reports behind these moves. MHProNews has reported on manufactured housing equities each business day for …
The Third Avenue investment fund has reportedly sold off all of its shares of Cavco Industries (CVCO). Look carefully at collage/graphic with commentary, just below. The stock has overall been slowly recovering since the SEC news broke, and it initially dropped like a rock. But there …
Hedge Fund’s Cavco Move, and More from Inside MHVille Read More
Cavco Industries (CVCO) stock has been slowly recovering from the word last week that the SEC issued a subpoena to the firm in connection with trading by now ex-Chairman and CEO, Joseph Stegmayer. 2 law firms subsequently announced investigations. Now, 2 more law firms are diving in. That will be …
“FHA is in good hands, guarding against excessive risks, protecting the American taxpayer, and remaining true to our core mission to facilitate safe and affordable mortgage options for qualified borrowers.” – HUD Secretary Ben Carson, M.D. “As we look to the future, FHA must continue to seek the …
Latest on the FHA, New Federal Report to Congress, Insider Insight Read More
Cavco and the Securities and Exchange Commission (SEC) have both responded to inquiries from the Daily Business News on MHProNews. Before turning to their comments, the larger news item is the start of the headline above. At least two law firms are calling on Cavco Industries (CVCO) shareholders to …
Cavco Shareholder Suits Prepping, CVCO, SEC, Insider Responses to Growing Scandal Read More
It seems that the left and right don’t agree on a lot these days, so the fact that Democratic Rep.-elect Alexandria Ocasio-Cortez, a self-declared socialist, and Fox News host Tucker Carlson agree on Amazon’s new deal alone ought to be newsworthy. A look at what Amazon – which recently had …
Right Winger and Socialist Agree on Amazon & Bezos’ Deal, Plus MH Market Update Read More
You don’t have to be a ‘toter’ driver to know that fuel prices have been falling. Everyone that gets a new or pre-owned manufactured home moved has or will see a reduction in moving costs. What’s ahead on the horizon? What other impacts do energy costs have on our HUD …
Oil Drop – Outlook, Energy Production, and Manufactured Housing, Plus MH Equities Updates Read More
CNBC did highlight the factors noted in the headline, above as factors in the markets tanking today. What wasn’t included was talk that House Democrats are reportedly now up to over 100 planned investigations of the Trump Administration. So much for bipartisanship. Elections have consequences, and the early signals are …
Tariffs, Tech, Fed, Oil, Commodities and Today’s Tumble, Plus MH Equities Updates Read More
From New York to California, there have been protesters who’ve carried signs saying the “rent is too damn high.” It’s vexing. Because this ought to be yet another signal for manufactured housing professionals and investors to better understand the dynamics that could spark the industry’s authentic return as …
“Rent is Too Damn High,” But Why? MHVille Struggles & Solutions Read More
The markets are up over 500 points today, as the midterms and that part of ‘uncertainty’ are done. The full import of what’s occurred will be sorted out by professionals and investors. While voters were being cast, and pundits were getting ready to pour over data, Sun Communities announced yesterday …
There’s work to do. There are still undecided midterm races. Some may be headed to possible recounts, or an upcoming special election. First, we will look at the facts, then we will take a glance at what this could mean for manufactured housing (MH) and the industry’s investors. …
Key Clayton/MHI/BO Bets Spanked, First Look at Winners & Losers Read More
Facts are nettlesome things. Fact-checks and comparisons of behavior are useful for intelligent, inquiring professional and investor minds. It is arguably crucial for the majority of manufactured housing independents, in all sectors of the industry. The Backdrop On January 2nd, current House Financial Services Committee Chairman Jeb …
Pay more attention to what people do than to what they’ve said or promised. Then, “Follow the Money.” There have been several reports in recent years that have spotlighted troubling claims of problems with respect to Clayton Homes, and their Berkshire Hathaway lending affiliates, 21st Mortgage Corp and …
Former Clayton Homes Team, Employees Speak Out – Mainstream Media, Trade Media Reports Read More
As a reminder to readers, the Federal Housing Finance Agency (FHFA) said the following last month about a request by Fannie Mae to modify their Duty to Serve (DTS) manufactured housing plan. Here’s the release below, which will be followed by the MHProNews attached comments and related links. …
