by L. A. “Tony” Kovach For some years, this scribe and others have tried to correct the kinds of issues that will be cited in this column in an off-the-radar fashion. Those efforts have candidly not been successful. Having tried the behind the scenes approaches, we are again taking …
Why Richard “Dick” Jennison and Lesli Gooch at MHI Should Resign or Go Read More
by L. A. “Tony” Kovach As regular readers of MHProNews know, MHARR’s new president took the reigns there almost 1½ years ago. When MHI sent us a news release on not yet published DOE standards, it immediately raised some questions for me. So we contacted M. Mark Weiss, the Manufactured …
by L. A. ‘Tony’ Kovach One of the most controversial figures in the MHC world today is Frank Rolfe. Frank has staunch supporters and adamant detractors among the ranks of MH Professionals. When the latest Frank Rolfe related article and video reports came out, MHProNews was contacted by a variety of industry …
That headline question will be front and center, after the facts provided to MHProNews are laid out. A source at the Manufactured Housing Institute (MHI) – with Chairman Tim Williams’ specific okay – provided MHProNews the following PowerPoint that Williams used for an MHI meeting presentation. It was requested and …
The short answer to the headline question is, “it depends.” On some facts, such as the number of monthly shipments of manufactured homes, where more than one easy cross-check is available, MHI is reasonably accurate in reflecting third-party statistics. But there are other subjects which they’ve published under their claimed …
“If the climatologists are right about the continuing effects of climate change,” said Mark Skidmore, MSU economics professor and co-author of the study, “then people living in mobile homes could be particularly vulnerable to tornadoes in the years to come.” – states the Michigan State University (MSU) study, “CLIMATE CHANGE, …
by L. A. ‘Tony’ Kovach It could be boiled down to the 3-letter acronym at the end. Let’s first take a 400 word walk through the top obstacles and opportunities. 1) We’re in a trillion-dollar annual U.S. housing market. There’s a growing demand for affordable housing. So why is manufactured …
Most know the maxim: “The road to hell is paved with good intentions.” The Hill op-ed by Kevin Borden and Jonathan Westin on “The Private Equity Takeover of America’s Neighborhoods” at best typifies hellish “good intentions.” Key facts they ignored arguably harms those they claim to want to protect. Using …
Paving the Road to Hell – MHAction’s Kevin Borden & NYCC’s Jonathan Westin Read More
with – Kevin Clayton, Joe Stegmayer, Keith Anderson, Gary McDaniel, Todd Baker and Don Westphal “We have to learn how to reach out and communicate with them (Millenials).” — Keith Anderson – Champion Home Builders Model home, Champion Home Builders. Moderated by energetic 45-year industry veteran Dick Ernst, the “Where …
Manufactured Housing – “Where Do We Go from Here?” – Industry Discussion Read More
“I actually don’t think there was ever much high cost lending in the manufactured housing market.” — Richard Cordray, director, Consumer Financial Protection Bureau Mark Carter is a pastor of an independent church in the Ohio River Valley of Western Kentucky and a part-time school bus driver. Susan Gaines is …
by L. A. ‘Tony’ Kovach In an exclusive video interview that could help reframe the discussions about MH Lending in Washington, DC – as well as with consumer advocacy groups nationally – Triad Financial Services Chairman and CEO, Don Glisson Jr. shared with MHProNews the following exclusive video interview. Don …
It is common for media to do a look back at the year that was. In the publicly traded markets, MHProNews, decided to apply that concept to the stocks connected with Manufactured Housing. Each stock below is one that tracked by the ever-popular Daily Business News and its market report. In …
“What is wrong,” said the brilliant G.K. Chesterton, “is that we don’t ask what is right.” Let’s apply this principle to Doug Ryan, the Corporation for Enterprise Development (CFED) and the utter need for the quality affordable living millions could find in today’s modern manufactured housing. Doug Ryan, CFED …
Doug Ryan, CFED, Manufactured Housing and Financing – What’s Wrong, What’s Right Read More
Beyond confusion on finance related issues, there are many myths and misunderstandings about modern manufactured housing. Among these are: > that MH is somehow more vulnerable to wind storms (that’s not true, as the first video below features a preview that will blow that false impression away). > That manufactured …
National Appraisal Guides, Inc. is thrilled to introduce the NADAguides New Manufactured Home Price Tool. This new product assists lenders and retailers in complying with the new Higher-Priced Mortgage Loans (HPML) Appraisal Rule, and it was designed with efficiency and affordability in mind. The HPML Appraisal Rule goes into effect …
by John Walters It is conference season for those of us in the manufactured housing industry. Attendance and participation has demonstrated an overall growing economy and the increased activity that comes with it. However, there still is an overhang of the next wave of regulations. Their potential impact looms on …
The SAFE Mortgage Licensing Act of 2008 (the “SAFE Act”), which requires states to license loan originators, substantially restricts the ability of a small retailer or community operator to sell manufactured homes to purchasers/residents that do not qualify for financing from traditional third-party lending sources. These problems are exacerbated by …
Do De Minimis Exemptions Provide Relief to the Manufactured Housing Industry? Read More
OZY Media is a West Coast based ‘new media’ start up that has drawn millions in investments and supports a staff of some 17 people. Targeting Millennials, they self proclaim: “OZY is a digital news magazine focused on the new and the next.” Based in Mountainview, CA., they’ve reportedly attracted …
In an article entitled The Hidden High Costs of Mobile Homes published in the Daily Yonder, author Lance George, notes the sales of modern manufactured housing (MH) continue to rise, while the remainder of the U S. housing market remains somewhat flummoxed. George says about MH, “High-interest loans, shorter loan …
Correcting Errors in “The Hidden High Costs of Mobile Homes” – Lance George – Daily Yonder Read More
Trends come and go, being influenced by various economic conditions. These include the availability of jobs and financing as well as life status and geographical preferences. A growing number are no longer interested in the McMansions, a larger trend still touted by so many real estate developers. Back in 2001, …
The Tiny House Trend – What’s In It For the Manufactured Housing Industry? Read More
