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
“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 …
It’s been a year since Hurricane Irma, and the headlines now are focused upon other matters, including the still-developing post-storm conditions in the Carolinas, which President Donald J. Trump visited yesterday. We’ll get to the news from the White House, as well as other sources about the visit …
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 …
The word “Talent” has a modern and a biblical meaning, both of which matter to professionals. The meaning of words, ideas, and their practical impact or track record all have significance to the manufactured housing industry, along with every other profession, and field of endeavor. Talents has at …
They Did It Before, They Can Do It Again The headline is a play on words, and can be taken in a good way, or a problematic one. “We did it Before, We Can Do It Again” was a World War II song, aimed to remind Americans …
“You are entrepreneurs in the best tradition of the free enterprise system.” ~ The President of the United States to the MH Industry The U.S. President began his talk with these words, “There are problems in the economy and in the mobile home industry. I am not so naïve …
U.S. President Praised “The Mobile Home Industry,” Manufactured Homes are “Here to Stay” Read More
SuperPages says that the community that was once known as Leisure Acres has since been renamed the Woodlands. “The Woodlands in Lockport, NY — 6237 S. Transit Road” used “…to be called Leisure Acres…” Today, the online reviews give the property 3.1 stars out of 5. But current community and satellite pictures still routinely look good. …
“Rollohome was started by Elmer Frey in his family barn as a one-time trailer sale. Soon he and his brothers Roland, Harold and Norman and his brother-in-law John Bertschie, began large scale operations in the sale and production of mobile homes. By 1950, Rollohome, was the city’s fastest growing business …
Rollohome, Creating 60,000 Factory-Built Homes in 2 Years Read More
Economic, personal, religious, and political freedom are never free. Each one always comes at a cost. We stand, and live free in the shadow of those who have safeguarded our freedoms. Memorial Day honors those who gave their lives for others. Unlike many nations, Americans have fought, bled, and …
Memorial Day – 60 Second Video, Honoring the Fallen Who Preserved Freedom Read More
“Proud to be an American” As we watched the release of Josh Holt and his Venezuelan wife, the ‘sound track’ of the Lee Greenwood song that includes the lyrics above was playing in our heads. First, the events of last night, courtesy of the White House press room to the …
“HISTORICALLY PLAGUED BY THE image of a tin box on wheels, manufactured housing finally is winning some of the mainstream acceptability that this housing segment has long sought. Today, manufactured housing—also mistakenly known as mobile homes, a colloquial but technically inaccurate name sometimes used to describe the housing product broader …
GSE Asked: Will Manufactured Housing Overtake Conventional Homebuilding? Read More
There is nothing quite like pie charts, facts and figures to dramatically illustrate what has taken place in HUDVille – the manufactured housing industry – over the last several years. Trend lines are important for lenders, investors, and business owners to be aware of, and these graphics should also be …
Clayton Homes, Top 25 Manufactured Housing Industry Report, Trend Lines Read More
The manufactured home industry grows both older, and younger. We pause to remember the passage of ELS’ Howard Walker, J.D. Our sincerest condolences to all of those touched by his loss. In the headlines for the week that was, you’ll find new resources on MHLivingNews and MHProNews. There’s more …
When U.S. Senator Thom Tillis (R-NC) spoke at an oversight hearing with HUD Secretary Ben Carson about a “mobile home” with a “bump out,” likely few understood just how keen an insight that statement was. Back in the pre-HUD Code days of the factory-built home industry – prior to …
“Move, Open, Live” De Rose Industries & Senator Thom Tillis’ Mobile Home Comments Read More
Historic flashbacks can be instructive, including examples from outside one’s own industry or profession that may provide inspiration and insight. The challenge of dominating, monopolistic forces using (…or abusing…) political forces is not new. It’s been going on since the dawn of recorded history. The example below is a …
“Sabotaging everything the country stands for” says Innovative Production Pioneer Read More
Financing. Events. Market conditions. Producer intrigue…these and more are part of the week that just concluded. Among the big topics in MHVille during the week was one of the two big, full-scale annual trade shows in manufactured housing. A full-scale trade show includes model homes on display from HUD …
Just over 50 years have elapsed since then President Lyndon B Johnson announced the formation of the Kerner Commission. It was formed in response to race riots protesting poor housing, insufficient jobs, educational, and other issues in Detroit and other cities across the country. In the vintage video below, the …
Housing, Jobs, Poverty, Opportunity – Kerner Commission Remix, HUD and Manufactured Homes Read More
There are important reasons to reach across political, economic, and social divides to gain a fuller perspective of an issue. In the case of housing, the Obama Administration was closing out his time in the Oval Office with a useful insight, reported by left-of-center Politico 18 months ago. It’s …
YIMBY vs. NIMBY, Obama Admin Concept Could Unlock $1.95 Trillion Annually, HUD & MH Impact Read More
The top story for the year wasn’t about the president and his administration. That was number 2. That’s according to a survey of U.S. editors and news directors that first occurred in 1936. The Associated Press (AP) says that the sexual misconduct allegations was the top story for the year …
Top News Story for 2017? Includes 3 Letters, First is S, the Last X Read More
