After years of arguably failed polite talk, perhaps more direct and blunt words are needed. The logic of research economists Chang-Tai Hsieh and Enrico Moretti is that improper land use policies are costing the nation some $2 trillion dollars a year. The reasoning of National Association of Realtors (NAR) …
“Despite news reports that Fannie Mae and Freddie Mac will start pilot programs for chattel manufactured home loans, don’t look for a big move by them any time soon in this arena,” said the CU Insight yesterday. The CU Insight’s about us page says, “…is the place for all things …
One of the most serious issues in America is the affordable housing crisis. It should be noted that affordable housing is a non-partisan issue. People most commonly live in apartments, other forms of rental housing, and other types of homes. Those hundreds of millions may be Democrats, Republicans, …
“Rumors of U.S.-China trade talks was enough to stir soybean prices higher,” per Farm Futures. As thousands of MHPros know, much of the manufactured home industry revolves around rural sales. Among those are to farmers and their workers. So, while there’s chatter both for-and-against the Trump Administration tariffs strategy, there also …
Signs China’s Weakening in Trade Tiff with U.S.? Plus MH Market Updates Read More
With almost 2 months since the combination of Skyline and Champion – producers of manufactured home, modular housing, and other forms of factory-crafted construction – has occurred, it’s an apt time to take a snapshot of the new #2 in HUD Code home industry. As with several other publicly-traded …
Third-party information can be a powerful resource for savvy industry professionals, including those who are on the front-lines with retail buying customers. What you say on your website, or on your own authority may or may not be believed. But research reveals, that third-party information is far more trusted. …
Tell Your Home Buyers, “Higher Rates Ahead,” Per Mainstream Reports Read More
Wheat and chaff. Whatever your politics or bias, take the best information, from a variety of sources, sifting out what’s irrelevant or less relevant. With the midterms less than 100 days out, the intensity of activity – along with red-herring, emotional distractions – will likely grow. Professionals and investors should …
“The mortgage industry and Washington were rocked Friday by news that Federal Housing Finance Agency Director [FHFA] Mel Watt has been accused by an agency employee of sexual harassment,” wrote Rob Blackwell for AmericanBanker. As many manufactured home industry veterans know, the FHFA was established as the receiver for the Government …
Mel Watt Charged With Sexual Harassment – Manufactured Housing Industry Repercussions? Read More
“Who controls the past controls the future. Who controls the present controls the past.” – George Orwell, per Goodreads. What does that quotation mean? “The meaning of this statement is that someone can redefine who they are and, in fact, what a society is by being able to …
There will be a special report later this evening on the entry of the Blackstone Group (BX) into the manufactured home community space. They’ve been added to our evening closing ticker recap. But tonight’s feature will be on the economy. Despite concerns over tariffs, trade and the latest faux gaff, …
The Daily Business News has been advised of a meeting at the Department of Housing and Urban Development (HUD), which took place on July 25, 2018. The focus of that high-level meeting’s discussion? It could be summarized with the following bullets. To: • obtain more personal property financing options …
It’s no secret that FANG – Facebook, Apple, Netflix and Google – has drawn a growing amount of monopolistic concerns in the last 2 years. It’s also no secret that big tech has faced push-back from the right, which says that FANG often has shown bias for progressives, and animus …
Facebook Faded Fast, Biggest Plunge in History, Plus MH Market Updates Read More
Let’s note from the top that this is just one step in the challenging road of trade negotiations with various economic players globally. The talk from China is still tough. But Mexico’s new president is hinting that there may be a deal. With that backdrop, what was announced today from …
Earnings Beats, Trade Deal Announced with EU, Stocks Rise, Plus MH Market Updates Read More
“Community West Bancshares, (NASDAQ:CWBC), parent company of Community West Bank, announced that T. Joseph Stronks has joined the bank as Executive Vice President, Chief Operating Officer,” said the company via a release to the Daily Business News. Stronks will lead the Central Operations, Information Technology and Facilities departments of …
Joseph Stronks Joins Manufactured Home Industry Lender as Chief Operating Officer Read More
The truth is often hiding in plain sight. Who says? “Sometimes the best hiding place is the one that’s in plain sight.” – Stephanie Meyer, per AZ Quotes. “I’ve found that wherever there is one cockroach in plain sight, many more are lurking behind the corner out …
Freedonia Group’s Comprehensive Incursion into Manufactured Housing Read More
The Commerce Department’s Bureau of Economic Analysis is set to release second-quarter GDP at 8:30 a.m. ET on Friday, but there are whispers from the White House that the numbers could hit the U.S. hit 4 percent in the 2nd quarter of 2018. That GDP preview and some new economic …
Dimon Sounds Off, White House Hints GDP in Q2 Could Hit 4 Percent, plus MH Market Updates Read More
The President of the United States (POTUS) Donald J. Trump coyly hinted that countries he named are ‘f—king us,’ but then said he won’t use that expression for a respected show. Markets closed down a fraction, and this evening’s focus will be a one on one interview with the president …
“The Business of America is Business,” said President Calvin Coolidge. It seems that for a number of years, under both GOP and Democratic leaders, that mantra was missed in the maze of regulatory barriers and high taxes. Whatever party you may belong to, that’s obviously changing in the last 18 …
“Waters, Hensarling put forth massive bipartisan economic growth bill,” said HousingWire. The White House press room tells MHProNews, that: “President Donald J. Trump commends the House of Representatives for passing S. 488, the JOBS and Investor Confidence Act of 2018. This bill would enact commonsense regulatory reforms to help …
The video below with Warren Buffett is perhaps more interesting for what it doesn’t say, than what it does. That will be our focus report for this evening. If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our …
