Earlier this month, the Manufactured Housing Institute produced a handout to their members. One of those was provided to the Daily Business News on MHProNews. It came with a question. “Has former MHI Chairman, Nathan Smith violated federal law? Isn’t that what MHI’s FAQ #6 implies, given SSK’s past …
The Dow rose nearly 200 points today on news that began to leak out late last night that Canada and the U.S. had come to terms on a revision to the old – and much maligned – North American Free Trade Agreement (NAFTA). The Manufactured Housing Composite Value rose too. …
Manufactured home industry marketers and others use social media, including Facebook, on a routine basis. Facebook has been drawing fire for much of this year, and was catching heat prior to 2018 too. An update on the news surrounding Facebook – including the latest allegations and data breach impacting …
Facebook’s Mark Zuckerberg’s “Frankenstein Moment,” Plus MH Market Updates Read More
The Ford-Kavanaugh hearing wasn’t the only place in Washington, D.C. that charges of sexual misconduct were being publicly discussed yesterday. As was noted by the Daily Business News on MHProNews, the Federal Housing Finance Agency (FHFA), featured a pile-on by members of both parties aimed at Mel Watt. But …
FHFA Hearing Before Congress Raises GSEs’ Failure on Manufactured Home Chattel Financing Read More
“Mel Watt, who runs the Federal Housing Finance Agency, of sexual” misconduct. “Watt’s accuser, Simone Grimes, requested to testify at the hearing” today, per Roll Call. Manufactured housing is in the background of this hearing, and MHProNews plans a follow up on this topic. There are charges of corruption, waste, …
Mel Watt – FHFA and MH Connected Hearing Today to Feature Sexual Misconduct Allegations Read More
The Fed hiked rates today, and the markets slid. There are always multiple factors, which will be outlined in our headline bullets below. But the focus this evening will be a video of the 4 ways that the Fed rate hikes impact you and your customers. If you’re new, already …
4 Ways Fed Rate Hike Impacts You, Your Customers – Plus MH Market Updates Read More
Arguably at the heart of the affordable housing crisis is an access to lending for the most affordable homes built in America, manufactured homes. “The Enterprises” of Fannie Mae and Freddie Mac are mandated by the Housing and Economic Recovery Act (HERA 2008) to support manufactured home lending under …
Warren Buffett, Charlie Munger, Fannie Mae, Freddie Mac, Berkshire Hathaway Backstory Read More
Markets were mixed today, for reasons found in the bullets from CNN and Fox, further below. But one of the developments worth noting was President Donald J. Trump signing a trade deal with South Korean President Moon Jae-in. It means more jobs in the U.S., and that can lead to …
POTUS Trump ‘Keeps Another Trade Promise,’ Plus Manufactured Housing Market UPdates Read More
“You are entitled to your own opinion, but you are not entitled to your own facts.” – Daniel Patrick Moynihan, per Wikipedia. Erlanger, KY is across the Ohio River and near Cincinnati, Ohio. Fort Mitchell, KY is nearby too. So, it is no surprise when a successful business professional and …
Facts are facts. The Washington Post (WaPo) is owned by Jeff Bezos, a pro-Obama, pro-Clinton Democratic supporter. In May 2016, as President Barack Obama’s presidency was moving towards its close, WaPo reported, “But we have not seen a major shift in [antitrust] enforcement under Obama.” Slate is another left leaning media source. …
Did Google, Others Touching MHVille Take Big Step Toward AntiTrust? Plus MH Market Updates Read More
New York City Mayor Michael Rubens Bloomberg owns Bloomberg News. Bloomberg has signaled an interest in running against President Donald J. Trump in 2020 as a Democratic Party candidate. So even that brief background is enough to say that Bloomberg News is not a pro-Trump media outlet. With that brief insight, tonight’s …
1 Million Jobs, Poof! Jack Ma Warns “20 Year Trade War,” Plus MH Market Updates Read More
Let’s note that new tariffs between China and the U.S. today still witnessed a strong day on Wall Street. There’s growing signs that the market is ‘getting it’ on the “America First,” POTUS Trump trade battle. That said, let’s pivot to a key Senate contest. If Democrats are going to …
CNBC reports that Moody Analytics has estimated the damage from Hurricane Florence in the tens of billions, and could go higher. That’s bad, but an estimate from CoreLogic would make that estimate look puny. Frankly, news of China appeared to be the bigger market-mover today, but our focus this evening …
HUGE Hurricane Florence Damage Estimates, Plus Manufactured Housing Industry Updates Read More
This evening’s spotlight is a review of the latest claims and counter claims being made for or against the Trump Administration’s policies, in an interview today with presidential economic advisor, Larry Kudlow. If you’re new, already hooked on our new spotlight feature – or are ready to get the MH …
US economy is ‘killing it’ right now: Larry Kudlow, Plus MH Market Updates Read More
As you listen to this video about blueberries, think about manufactured home community sites, instead of blueberries. With that understanding, this video is one way to explain to resident activist group members why a lack of new construction is one of the drivers of higher site fees. But another …
Supply, Demand, Manufactured Homes, and Land Lease Communities Read More
It is no secret that the Daily Business News on MHProNews editorially opposed the policies of prior President Barack H. Obama, just as it is no secret that this industry-leading trade media favored the candidacy – and still robustly supports – the Presidency of Donald J. Trump. But tonight’s spotlight …
“It’s [a] standard operating procedure…” – Clayton representative, to the Daily Business News on MHProNews. “At 21st Mortgage, we have access to a wide variety of resources that the independent business or professional in MH may lack.” – Tim Williams, President and CEO of Berkshire Hathaway owned 21st Mortgage Corp., …
Clayton Homes and 21st Mortgage’s Manufactured Housing “Spies” Read More
The Daily Business News on MHProNews has noted several times of the importance that Facebook has for marketers, and others in the industry. More hearings on Capitol Hill, plus impact of the stock on the markets. It’s a technical, traders look, and will be our featured report for this evening. …
Facebook Recent Big Hit, More Trouble Ahead? Plus, MH Market Updates Read More
In a video statement today announcing a bipartisan measure, Financial Services Chairman Jeb Hensarling (R-TX) raised the alarms about the dangerous “monopoly” that is increasingly placing housing finance “at systematic risk.” Hensarling said that today 9.6.2018, marks the 10th anniversary of the housing finance takeover by the Federal …
Tonight’s feature is sooooooooooooo simple, and is summed up with the words, “Like No Place Else.” See that, in our spotlight feature, further below. If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found …
Like No Place Else, plus Manufactured Housing, Stocks, Market Updates Read More
