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Canadian-Owned U.S. “Mobile Home Park” Condemned, Residents Must Scramble to Meet Deadline to Vacate

This troubling story out of the northern U.S. is one that periodically crops up in state-after-state.  As Amy Bliss, the Wisconsin Housing Alliance (WHA) state association executive director recently said to MHReview (MHR),  “The biggest reason for community closures is because the municipality revokes the license to operate because the …

Canadian-Owned U.S. “Mobile Home Park” Condemned, Residents Must Scramble to Meet Deadline to Vacate Read More

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Rent Control & MH – Politicians “Are Carpet-Bombing Our State With Regulations That Will Deliberately Destabilize The Housing Market And Leave It Obliterated”

The quotation in the headline is a reaction cited in detail further below to legislation passed in Oregon for statewide rent control. Rent control is often hailed by resident groups in our industry.  The activists at MHAction are just one example of support among manufactured home community (MHC) resident groups.  …

Rent Control & MH – Politicians “Are Carpet-Bombing Our State With Regulations That Will Deliberately Destabilize The Housing Market And Leave It Obliterated” Read More

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Manufactured Home Industry Professionals Feedback, Manufactured Housing Institute and Zoning Related Issues – Part 1

  There are on- and off-the-record statements that will follow.  While the Daily Business News on MHProNews talks with industry professionals by phone on a regular basis too, our preference in using comments is to get the person to send their statements in an email, for our mutual accuracy.  There …

Manufactured Home Industry Professionals Feedback, Manufactured Housing Institute and Zoning Related Issues – Part 1 Read More

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Dramatic Reversal, City Passes Urgency Ordinance Effectively Banning Manufactured Homes, Front & Back Stories

The message below was sent from MHProNews publisher, L. A. ‘Tony’ Kovach, was sent this morning to Manufactured Housing Institute (MHI) General Counsel, Rick Robinson, JD.   Several MHI members, and independents were among those BCC’d in this message. — Email to MHI VP and General Counsel, Rick Robinson — …

Dramatic Reversal, City Passes Urgency Ordinance Effectively Banning Manufactured Homes, Front & Back Stories Read More

LinaKhanAntiTrustLegalQueenSetToJoinDemocraticStaffFAANGBMBewarePlusMHMarketUpdatesDailyBusinessNewsMHProNews

Lina Khan, AntiTrust Legal Queen, Set to Join Democratic Staff, FAANG & BM, Beware – Plus MH Market Updates

The left-of-center Daily Beast is reporting that Lina Khan, plans to join the congressional staff of Democrats that overseas antitrust issues.  With the AOC, Senator Elizabeth Warren, and the “Feel the Bern” crowd ascendant among Democrats – at least for now – that could be significant for the FAANGs, Berkshire …

Lina Khan, AntiTrust Legal Queen, Set to Join Democratic Staff, FAANG & BM, Beware – Plus MH Market Updates Read More

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Modular Company Sued For Alleged Breach on Four Homes

“Craig Borges filed a complaint on Jan. 30 in the 24th Judicial District Court against New Orleans Modular Homes LLC and John Albert Rodriguez,” said the Louisiana Record. Borges claims he has not been repaid for a loan made to the company. “The plaintiff is seeking all reasonable sums due, …

Modular Company Sued For Alleged Breach on Four Homes Read More

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Discrimination!? Ethnic, Racial Bias by Manufactured Home Community Investigated – Investors and Community Owner Alert

Keenya Robertson is a fair housing advocate and the President of Housing Opportunities Project for Excellence (HOPE).  She said “Something is not right,” per Yahoo News. “People are being treated differently because they are from a different country.  That is a violation of the Fair Housing Act,” Robertson said, according …

Discrimination!? Ethnic, Racial Bias by Manufactured Home Community Investigated – Investors and Community Owner Alert Read More

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Arrested! Attorney General Files Charges on Manufactured and Modular Home Retailer, Police Arrest Suspect

In a press release to the Daily Business News on MHProNews, is the following from the New York State Attorney General’s (NY AG) office. The release contains the details of the suspect arrested and charged with swindling over a $1 million dollars from would-be buyers of factory-built homes.  The NY …

Arrested! Attorney General Files Charges on Manufactured and Modular Home Retailer, Police Arrest Suspect Read More

DoLoomingShareholdersSuitsAgainstCavcoIndustriesForeshadowWoesForMoreManufacturedHOmeIndustryPublicFirms

Do Looming Shareholders Suits Against Cavco Industries Foreshadow Problems for More Manufactured Home Industry Publicly Traded Firms?

The headline question, according to a manufactured home industry attorney familiar with the issues, says what attorneys often do. “It depends.” Under the headline, “RM LAW Announces Class Action Lawsuit Against Cavco Industries, Inc.” one reads the following. “RM LAW, P.C. is a national shareholder litigation firm.  RM LAW, P.C. …

Do Looming Shareholders Suits Against Cavco Industries Foreshadow Problems for More Manufactured Home Industry Publicly Traded Firms? Read More

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Managing Mueller Russia Probe Outcome? NBC, Other Mainstream Media Reports Soften, Investor Impacts? Plus, MH Market Updates

Manufactured housing tracked stocks closed mixed, as did the broader markets today.  Retail and other headline news found further below drove some declines. Among the more interesting topics in recent days has been the managing of expectations by mainstream news sources – such as NBC News – that for much …

Managing Mueller Russia Probe Outcome? NBC, Other Mainstream Media Reports Soften, Investor Impacts? Plus, MH Market Updates Read More

21stMortgageSuitsCFPBDenailExclusiveDocumentBerkshireHathawayManfuacturedHousingBrandsInvestigationDailyBUsinessNewsMHProNews

21st Mortgage Suit’s CFPB Denial, Exclusive Document on Berkshire Hathaway Manufactured Housing Brands Investigation

Never underestimate the power of money in Washington, D. C., or in the districts and states that send legislators to Capitol Hill. Legislators or other public officials can be influenced about matters that moneyed interests care about in a variety of ways, as an examination of the power of money …

21st Mortgage Suit’s CFPB Denial, Exclusive Document on Berkshire Hathaway Manufactured Housing Brands Investigation Read More

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Cavco Industries Woes Mount, Official, Unofficial Insights, Broader Manufactured Home Industry Impacts?

“Thank you. And before we begin, please be advised that comments made during this conference call by management will contain forward-looking statements under the provisions of the Private Securities Litigation Reform Act of 1995, including statements of expectations or assumptions about Cavco’s financial and operational performance, revenues, earnings per share, …

Cavco Industries Woes Mount, Official, Unofficial Insights, Broader Manufactured Home Industry Impacts? Read More

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MHVille Exclusive – Democrats Senators Sign Anti-Competitive Practices Letter to DoJ, Plus MH Market Updates

Some power-readers of the Daily Business News on MHProNews have effectively said, ‘you need to be blunt in telling your readers how often you raise issues that no one else in manufactured housing trade media raises.’  Others have expressed this notion, ‘your wheat and chaff’ and sourcing across the aisle …

MHVille Exclusive – Democrats Senators Sign Anti-Competitive Practices Letter to DoJ, Plus MH Market Updates Read More

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Thorns and Roses In Manufactured Home Community Controversy

Affordable housing is in crisis in much of America. Manufactured homes are the most proven solution that has been hiding in plain sight for decades.  As a recent report reminded readers, there were numerous third-party organizations and media reports in 2018 alone that to various degrees made the case for …

Thorns and Roses In Manufactured Home Community Controversy Read More

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What’s Coming at Cavco Industries (CVCO), Plus Manufactured Housing Industry Stock Updates

Since last November, previously high-flying Cavco Industries (NASDAQ:CVCO) has taken what plaintiffs claim are an unforced error that sparked the tumble. Tonight’s featured focus is a graphic about Cavco that is accompanied with a tease for what’s expected next week.   If you’re new, already hooked on our new spotlight …

What’s Coming at Cavco Industries (CVCO), Plus Manufactured Housing Industry Stock Updates Read More

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Law Scrutinizes Equity LifeStyle Properties (ELS) Score of Resident Owned Community (ROC) Deal

In December, the Daily Business News on MHProNews provided insights and details about the purchase by Equity LifeStyle Properties (NYSE:ELS) of their reported $70 million dollar acquisition of Palm Lake Co-op. The community is now known as Palm Lake Estates, in Riviera Beach, Palm Beach County, FL. Sam Zell’s ELS …

Law Scrutinizes Equity LifeStyle Properties (ELS) Score of Resident Owned Community (ROC) Deal Read More

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Sidney Powell, JD, Former Federal Prosecutor on “Licensed to Lie”

  Stating the obvious can bring clarity to any subject. Objectivity is necessary in the affordable housing sector, as well as the manufactured home segment of housing. Businesses and investors act upon reality, or what they think is reality.   More broadly, objectivity – the search for truth vs. a …

Sidney Powell, JD, Former Federal Prosecutor on “Licensed to Lie” Read More

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Can Close Reading of Facts Bring Left & Right Together for MHVille, Nation?

  Among the featured reports below is a surprising look at possible points of agreement between Senator Elizabeth Warren – a 2020 Democratic Presidential hopeful – and President Donald J. Trump (GOP). If so, it’s arguably a big plus for our industry, consumers, and nation.  See that on What’s New …

Can Close Reading of Facts Bring Left & Right Together for MHVille, Nation? Read More

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CFPB and 21st, Second Shoe Drops? Flooring w/21st Mortgage Corp? Insider Tips

  There has been broad industry interest and concerns over the documents and video that Tim Williams at 21st Mortgage Corp, Kevin Clayton at Clayton Homes, and Warren Buffett at Berkshire Hathaway have failed to explain away — or even try.   This was initially going to be a report …

CFPB and 21st, Second Shoe Drops? Flooring w/21st Mortgage Corp? Insider Tips Read More

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