News Reports: Housing news updates and reports for Manufactured Home and Modular Housing Industry professionals and investors. Business – daily fact checks, market reports, and analysis.
Strong coffee please? Maybe an energy drink? Where is the sense of urgency at MHI? If sweet talk and ‘go along to get along’ behavior was all that was needed in what has been described by some as The Washington, D.C. Swamp, then the Duty to Serve (DTS) manufactured housing …
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau issued a joint news release to media including MHProNews dated 7.26.2023. Their joint release indicated that far more costly conventional housing – despite the headwinds of higher interest rates since the Federal Reserve began its rate …
When someone examines the remarks, reviews, and ratings data on Indeed of prominent Manufactured Housing Institute (MHI) member companies, a reasonable takeaway is that thousands upon thousands of employees or “workers” are unhappy at Clayton Homes (BRK), Skyline Champion (SKY), and Cavco Industries (CVCO). Collectively thousands of others are working …
“A Cruelly-Unfulfilled Promise and Mandate” is how Mark Weiss, J.D., President and CEO of the Manufactured Housing Association for Regulatory Reform (MHARR) has described “The Duty to Serve” manufactured housing. The article is part of their regular “MHARR Issues and Perspectives” Series. Unlike the Manufactured Housing Institute (MHI) which emails …
“MHARR Targets Fannie and Freddie Chattel Failure in DTS “Listening Session” Comments” proclaimed the headline for the media release provided by the Manufactured Housing Association for Regulatory Reform (MHARR). According to a list provided by Federal Housing Finance Agency (FHFA) Weiss was speaker number 5 in their list that follows. …
Sarah Marx’s byline is on an article for apparently Manufactured Housing Institute (MHI) friendly HousingWire on July 14, 2023 under the headline “Manufactured housing lender Zippy secures additional funding.” The subheading for Marx’s HousingWire post was: “The company [i.e.: ZippyMH] operates in an underserved corner of housing finance.” True enough. …
A broadside can be defined as a strong written or spoken attack on a given point (Cambridge, Merriam Webster). The case could be made that properly deploying affordable manufactured housing could create a two trillion-dollar annual economic surge for the U.S. Gross Domestic Product (GDP). Who says? Look carefully anew, or …
“There is a misconception that only “stupid” people get duped. Not true at all! There are methods to dupe highly intelligent people. There are methods to dupe the ones with pure hearts (“prey naivete“). There are methods to dupe people who are vain or insecure.” So wrote Tessa Lena, who …
Younger Americans say they’d do most anything from downsizing to buying a fixer-upper just for affordable housing, per a new survey by the financial news and advice site, Bankrate. Their report cited Federal Reserve Chairman Jerome Powell saying: “If you’re a homebuyer, somebody or a young person looking to buy …
The Manufactured Housing Institute (MHI) has apparently finally made a correction on a new 2023 infographic. That correction has been called for publicly by MHProNews in various reports that span several years. More on that further below. Speaking of corrections, in a recent email to someone outside of manufactured housing, …
“NAHB represents more than 140,000 members who are involved in building single-family and multifamily housing, remodeling and other aspects of residential and light commercial construction,” said Alicia Huey, chairman of the National Association of Home Builders (NAHB). “NAHB’s members, most of whom build 10 or fewer homes per year, construct …
There are voices among Democratic faithful that have been speculating that the ground is being plowed to cause Joe Biden’s exit from the pursuit for the Democratic Presidential Nominee in the 2024 election cycle. Governor Gavin Newsom (CA-D), Gov. Gretchen Whitmer (MI-D) and former first lady Michelle Obama are among …
In an address to members of Congress on 7.14.2023 entitled “How Mandates Like ESG Distort Markets and Drive Up Costs for Insurance and Housing” on behalf of the Manufactured Housing Institute (MHI), association Vice Chairman William “Bill’ Boor, CEO of publicly traded Cavco Industries said this. “The DOE’s failed attempt …
Benzinga is a business and financial news site that picked up a press release issued by the Indiana Manufactured Housing Association-Recreation Vehicle Indiana Council (IMHA-RVIC) with Sue Bartee as the contact. In that release, IMHA-RVIC Executive Director Ron Breymier said: “This year, we’re incredibly excited to welcome retailers, community owners, …
David Harsanyi is a senior editor at The Federalist and has done columns for publications that span the left (Washington Post) to right (Wall Street Journal) media divide. Thousands of manufactured housing pros have been advised of the looming threat from the pending Department of Energy (DOE) Manufactured Housing Energy …
“Our progress creating jobs while lowering costs for families is no accident, and I will continue to fight for lower costs for families every day. I ran for office to grow the economy from the middle out and bottom up, not the top down: that’s exactly what we’re doing.” So …
According to a report on left-leaning CNN on 7.12.2023, renters are being hit harder by inflation than homeowners are. “Renters and homeowners are experiencing inflation differently, according to new data from Bank of America — and, unsurprisingly, renters are taking the hit.” “Using Bank of America internal data to identify …
In a July 10, 2023 press release by the Manufactured Housing Association for Regulatory Reform (MHARR) to MHProNews and others in manufactured housing trade and mainstream media, MHARR recounts the toplines of their meeting with HUD Assistant Secretary and Federal Housing Commissioner, Julia Gordon. Per MHARR, their meeting covered zoning …
All of the first ten amendments to the U.S. Constitution are significant and operate under the title “the Bill of Rights.” The Constitution was ratified and became the ‘law of the land’ in the U.S. in part because of the addition of the Bill of Right, those first ten amendments. …
As millions have learned, including some manufactured housing industry pros, investors, and others, Texan Chimene Van Gundy, the self-proclaimed “Queen of Mobile Homes,” has been charged by the Securities and Exchange Commission (SEC) and others with a multi-year scheme involving hundreds of investors purportedly bilked of millions of dollars in …
