The Washington, D.C. based Manufactured Housing Association for Regulatory Reform (MHARR) has issued a new press release to MHProNews. As the release that follows details, it is focused on key issues that impact potential purchasers of contemporary of any HUD Code manufactured homes, as opposed to the Manufactured Housing Institute (MHI) approach that seems to favor only a tiny class of manufactured homes that per all known data continues to be a market failure. What to casual observers may seem to be similar stances between MHI and MHARR, when carefully examined, are quite stark in their distinctively different approaches. The media release will be followed by a brief related commentary, additional linked information, plus our Daily Business News on MHProNews manufactured housing equities/stock markets recap update.
APRIL 12, 2022
TO: MHARR MANUFACTURERS
MHARR STATE AFFILIATES
MHARR TECHNICAL REVIEW GROUP (TRG)
FROM: MHARR
RE: MHARR ENGAGEMENT WITH WHITE HOUSE EXPANDS
Following-up on a February 14, 2022 meeting with the White House Council on Environmental Quality’s (CEQ) Director for Housing Efficiency (see, memorandum attached), MHARR has been invited to participate in an April 20, 2022 “listening session” being conducted by CEQ’s federal Manufactured Housing Task Force. The “listening session” will include multiple federal agencies connected with the federal Task Force, as well as other HUD Code industry participants.
The April 20, 2022 meeting is slated to include participants from HUD, the Federal Housing Finance Agency (FHFA), the Veterans Administration, the Department of Energy (DOE), the Department of Agriculture, the Treasury Department, the Environmental Protection Agency, the Office of Management and Budget and other federal agencies. Among other things, the Task Force will address two key post-production issues that have devastated the growth, development and evolution of the manufactured housing market, as stressed by MHARR in its initial February 14, 2022 meeting with CEQ – i.e., increasing the availability of personal property financing for manufactured homes and a robust, fully-competitive manufactured housing consumer financing market through proper federal support, and eliminating state and local zoning and placement barriers that discriminatorily restrict or exclude manufactured housing. More broadly, the Manufactured Housing Task Force has been constituted to “address market and regulatory barriers to manufactured housing as an affordable, equitable and accessible housing option, with a particular focus on financing” consistent with the affordable housing goals and priorities of the Biden Administration.
Beyond these core financing and availability issues, it also appears that the Task Force will have a role with respect to energy matters, as indicated by the designation of DOE as one of its co-chairs. MHARR will, therefore, seek to ensure that the Task Force is fully apprised of the negative, exclusionary, unnecessary and extremely costly impacts that the pending DOE manufactured housing energy rule will inevitably have on both the HUD Code market and on American consumers of affordable manufactured housing.
According to the invitation received by MHARR, the Task Force is currently planning on conducting a series of four listening sessions overall, in order to promote and facilitate the utilization of affordable manufactured housing in accordance with the Biden Administration’s housing policies. MHARR plans to fully participate in these sessions by all available means, and will also submit written comments to the Task Force as appropriate.
We shall continue to keep you apprised of the activities of the White House Task Force and MHARR’s continuing efforts to advance manufactured housing as part of the Biden Administration’s affordable housing activities.
cc: Other Interested HUD Code Industry Manufacturers, Retailers, Communities and Finance Companies ##
The following attachment was provided by MHARR, which was referenced in their communique shown. Rather than provide a link back to that, MHProNews is providing the following as shown for reader’s ease of reference.
FEBRUARY 16, 2022
TO: MHARR MANUFACTURERS
MHARR STATE AFFILIATES
MHARR TECHNICAL REVIEW GROUP (TRG)
FROM: MHARR
RE: WHITE HOUSE INITIATES ENGAGEMENT WITH MHARR
On the heels of its February 10, 2022 meeting with senior Ginnie Mae executives regarding manufactured home consumer financing and the destructive “10-10” rule, MHARR representatives met on February 14, 2022 with the Director for Housing Efficiency of the White House Council on Environmental Quality (CEQ) and related HUD officials connected with a White House Task Force that will be addressing the utilization and availability of affordable manufactured housing.
As part of this meeting, MHARR stressed the two key post-production issues that have been particularly at fault in suppressing the utilization of mainstream HUD Code manufactured homes – (1) the lack of federal consumer lending support for manufactured home purchasers (and particularly discrimination against manufactured home personal property loans which comprise nearly 80% of the manufactured housing market) under the Duty to Serve (DTS) mandate and the Ginnie Mae “10-10” rule; and (2) discriminatory zoning and placement measures that have either excluded or severely restricted the placement of inherently affordable manufactured homes in many areas of the United States. These two crucial issues, not coincidentally, will be addressed in detail in MHARR’s upcoming White Paper on the exploitation of manufactured housing in federal housing and financial assistance programs for purely public relations purposes. In addition, MHARR also raised the pending U.S. Department of Energy manufactured housing energy standards rule which threatens cost increases that could well exclude millions of American families from the HUD Code market.
With the White House Task Force exploring the concept of a public meeting or similar forum to address issues surrounding the more robust utilization and availability of HUD Code manufactured housing, MHARR looks forward to participating further in this initiative and to forcefully advocating for reforms that are necessary to allow manufactured housing to reach its full potential as a key source for housing equity and affordable homeownership.
These matters will be discussed in greater detail at MHARR’s upcoming Board of Directors meeting.
Meanwhile, MHARR will continue to keep you apprised of further developments concerning its participation in the activities of the White House task Force.
cc: Other Interested HUD Code Manufactured Housing Producers, Retailers, Communities and Finance Companies
Manufactured Housing Association for Regulatory Reform (MHARR)
1331 Pennsylvania Ave N.W., Suite 512
Washington D.C. 20004
Phone: 202/783-4087
Fax: 202/783-4075
Email: MHARR@MHARRPUBLICATIONS.COM
Website: manufacturedhousingassociation.org
##
Additional Information, MHProNews Analysis and Commentary in Brief
As will be noted in a planned follow up to our Sunday report, linked below, MHI has been accused by some of its own members and prior members of posturing effort rather than actually seeking to do what they claim.
That followed on the heels of a scathing commentary by a well placed MHI connected source, reportedly exclusively by MHProNews below. In the below a respected source didn’t tone their remarks down with a “Let’s Go Brandon” style PG rated commentary; instead, the f-bombs were thunderously dropping.
Perhaps by coincidence, but another clearly connected MHI platform was recently used to ‘announce’ the ‘launch’ of a new post-production trade organization, who apparently aimed to supplant MHI among community operators.
These are apparent votes of ‘no confidence’ in MHI. The obvious takeaway from that partial sampling is simple yet profound. MHI is increasingly accused of what MHProNews, MHLivingNews, MHARR, the Modular Home Builders Association (MHBA), Prosperity Now (previously known as CFED) and others inside and outside of the industry has previously accused the Arlington, VA based MHI of for some years.
Some may choose to ignore this. But you can’t make this apparently increasing push-back against MHI up. Thus, some periodic lighter looks at these vexing issues are warranted.
But it should not be thought that MHI and their dominating brands will just ‘get away with it.’ Stay tuned…
Next up is our daily business news recap of yesterday evening’s market report, related left-right headlines, and manufactured housing connected equities.
The Business Daily Manufactured Home Industry Connected Stock Market Updates. Plus, Market Moving Left leaning CNN and Right-leaning (Newsmax) Headlines Snapshot. While the layout of this daily business report has been evolving over time, several elements of the basic concepts used previously are still the same. For instance. The headlines that follow below can be reviewed at a glance to save time while providing insights across the left-right media divide. Additionally, those headlines often provide clues as to possible ‘market-moving’ news items.
Market Indicator Closing Summaries – Yahoo Finance Closing Tickers on MHProNews…
Headlines from left-of-center CNN Business – from the evening of 4.12.2022
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- Sales plunge
- Employees make checks at an inspection line during a media tour of the Nio Inc. production facility in Hefei, Anhui province, China, on Friday, Dec. 4, 2020. Nio is cementing its role as a challenger to Tesla Inc. in China’s premium electric-vehicle segment, with both companies benefiting as the coronavirus pandemic recedes in the country.
- A shoemaker, a pizza shop and a bakery in Kyiv pivot to serve their country
- Oil races back above $100 a barrel
- Did US inflation peak in March? Americans are concerned
- Nokia and Ericsson halt new business in Russia. Is Huawei next?
- Boeing loses more than 90 jet orders due to war in Ukraine
- Toyota finally has an EV. And it’s pretty much what you’d expect
- Honda joins electric car race with $40 billion investment
- Apple’s Tim Cook warns of ‘unintended consequences’ in app store antitrust legislation
- Scott Galloway: The metaverse could give more power to tech giants
- Yelp joins growing list of companies offering workers help with abortion care
- Oxfam: Quarter of a billion more people could be living in extreme poverty by end of year
- Double Thumbs Up: Netflix introduces a new way to recommend content you love
- Lululemon wants your used workout clothes
- A last-minute way to reduce your 2021 taxes right up until Tax Day
- A clerk weighs dried peppers for a customer inside Grand Central Market on March 11, 2022 in downtown Los Angeles, California.
- Consumer price inflation hit a new 40-year high in March
- People walk by the New York Stock Exchange (NYSE) on April 04, 2022 in New York City.
- ‘Recession shock’ is coming, Bank of America warns
- ‘Stranger Things’ debuts new trailer for its creepy upcoming season
- ECONOMY
- A woman wheels a pushchair along a snow-covered street in central Seoul on January 19, 2022.
- Child care is expensive everywhere. But this country tops the list
- US consumer debt jumped by $40 billion in February
- Jobless claims match 1968 low
- The Fed is ready to move faster on interest rates
- War could destroy nearly half of Ukraine’s economy this year
- DINING
- McDonald’s is bringing back a fan-favorite menu item
- This 77-year old ice cream chain is getting a makeover
- Why Chick-fil-A workers always say ‘my pleasure’
- The surprising reason why Wendy’s burgers are square
- Applebee’s wants to be more like McDonald’s than Olive Garden
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Newsmax 4.12.2022
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- Gas Mask-Wearing Gunman on the Run After NYC Subway Shooting
- New York City Police Department personnel gather at the entrance to a subway stop in the Brooklyn borough of New York City Tuesday where multiple people were shot and injured.
- Police are searching for a gas mask-wearing gunman who filled a rush-hour subway train with smoke and shot multiple people Tuesday, leaving wounded commuters bleeding on a Brooklyn platform as others ran screaming. Wire services reported Tuesday afternoon that the NYPD was seeking a U-Haul with Arizona plates in connection with the brazen attack, and officers across the city were reportedly told to stop the truck and detain all inside if they spot it. [Full Story]
- Russian Invasion of Ukraine
- DOJ Asks Top 8 Weapons Makers to Meet on Supplying Ukraine
- Ukraine Secret Service Says It Has Arrested Top Putin Ally
- Putin: Peace Talks Hit ‘Dead End’
- Blinken: Can’t Confirm Reports Chemical Weapons Use
- Report: Putin Ousts Spy Chiefs as Invasion Stalls
- Putin Warns West: Russia Cannot Be Isolated or Held Back
- Russian War Worsens Fertilizer Crunch, Risking Food Supplies
- Mayor of Ukraine’s Bucha: 403 Bodies Found So Far
- Ukraine Claims Drone Dropped Chemical Weapons
- Czechs Provide Free Shooting Training for Local Ukrainians
- Zelenskyy Defiant on Keeping Crimea in Peace Talks
- Russian Politico Critical of Putin Arrested After Interview
- Biden, Modi in ‘Candid,’ Frustrating Ukraine Talks
- Russians Allege US, France Psyop Mission in Ukraine
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- More Russian Invasion of Ukraine
- Newsmax TV
- Rep. Tenney: Attacks Follow Undermining of NYPD
- UK’s Farage: ‘Real’ President Like Trump Would Push to End War
- Gen. Holt: Russia ‘Exacting Terror’ on Ukrainians
- Former FDA Officia: Civic Leaders Have COVID ‘Mask PTSD’
- Ukraine MP Rudik: Ukraine Needs United Response
- Navarro: ‘Perfect Storm of Stagflation Coming at Us’ | video
- NC Lt. Gov: Gun Rights Are for Everybody, I am Everybody | video
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- More Newsmax TV
- Newsfront
- GOP Readies Messaging for Roe V. Wade Overturn
- The possibility of the Supreme Court overturning or limiting Roe v. Wade has motivated Republicans to prepare anti-abortion messaging that leads with science-based arguments, National Review reported…. [Full Story]
- Related Stories
- Oklahoma Governor Signs Bill to Make Abortion Illegal
- COVID Infection After Age 50 May Increase Risk for Shingles
- Catching COVID-19 appears to increase an older person’s risk of [Full Story]
- Manchin Blames Administration, Fed for Rising Inflation
- Sen. Joe Manchin, D-W.Va., on Tuesday blamed the Biden administration [Full Story]
- Related
- RNC Rips Biden Over Latest Inflation Figures
- US Inflation Soars to 8.5%, Biggest Spike Since 1981
- Could Biden’s Policies Result in Economic Crisis Like Sri Lanka’s?
- As Sri Lankans wait in hours-long lines for rations of basic goods [Full Story] | Platinum Article
- US Budget Deficit Drops as Revenues Surge, COVID Outlays Fall
- The U.S. government posted a $193 billion budget deficit in March, [Full Story]
- Rep. Marjorie Taylor Greene Reaffirms Second Amendment Support Amid Shooting
- Rep. Marjorie Taylor Greene, R-Ga., took to Twitter on Tuesday [Full Story]
- Gen. Milley Is a ‘Disaster’ for Military Morale, Veterans Say
- Chairman of the Joint Chiefs of Staff Gen. Mark Milley’s erroneous [Full Story] | Platinum Article
- Pentagon Asks Top 8 US Weapons Makers to Meet on Supplying Ukraine
- The Pentagon will host leaders from the top eight U.S. weapons [Full Story]
- Ferrero Asks Americans to Dispose of Kinder Chocolates Over Salmonella Fears
- Ferrero on Tuesday asked U.S. consumers to dispose of Kinder [Full Story]
- Hemp Seeds: The New Superfood
- The Specialty Food Association (SFA) calls hemp one of the top food [Full Story]
- ‘Let’s Go Brandon’ NJ Congressional Candidate Withdraws From Election
- A candidate for U.S. Congress in New Jersey who used the slogan [Full Story]
- State Department Offers up to $5M Reward for Information on Three Irish Drug Traffickers
- The State Department on Tuesday announced rewards of up to $5 million [Full Story]
- Saudi Arabia TV Mocks President Biden, VP Harris in Comedy Sketch
- Middle East Broadcasting Center (MBC), a state-run TV networkin Saudi [Full Story]
- Truckers Protest Gov. Abbott’s Inspection Order in Texas
- Commercial traffic on the Texas-Mexico border has snarled after state [Full Story]
- Bishop Disinvited From Catholic University
- Bishop Robert McManus, who heads the Diocese of Worcester, [Full Story]
- Florida Wants Gov. DeSantis to Draw New House Map
- The Republican-controlled Florida State Legislature wants GOP Gov. [Full Story]
- US Deploys Nuke-Powered Carrier Off Korean Peninsula
- The Navy has confirmed a U.S. aircraft carrier strike group is [Full Story]
- Gunman in Gas Mask Opens Fire on Brooklyn Subway
- Police are searching for a gas mask-wearing gunman who filled a [Full Story]
- Texas Ed Issues Guidelines for School Library Books
- In response to Texas Gov. Greg Abbott’s call to develop standards for [Full Story]
- Mask Rule for Planes & Trains Still Up in the Air
- The federal requirement to wear face masks on airplanes and public [Full Story]
- NY Lt. Gov. Benjamin Arrested in Campaign Donation Scheme
- New York Lt. Gov. Brian Benjamin, whose seven months in that role has [Full Story]
- Trump Blasts Pennsylvania Governor Hopeful McSwain, Withholds Endorsement
- Former President Donald Trump on Tuesday told supporters in [Full Story]
- WNBA Chief: Brittney Griner in ‘Unimaginable Situation’
- WNBA commissioner Cathy Engelbert this week said the organization is [Full Story]
- UK Government: Boris Johnson to Be Fined for Lockdown Parties
- U.K. Prime Minister Boris Johnson’s office said Tuesday that he and [Full Story]
- Franklin Graham Applauds Masters Champ Scheffler for Talking About His Faith
- The Rev. Franklin Graham commended golfer Scottie Scheffler for [Full Story]
- US Orders Non-emergency Govt Staff Out of Shanghai
- As COVID in Shanghai surges, the U.S. State Department has ordered [Full Story]
- Cheney Capitalizes as GOP Martyr, Adds $3M to $10M War Chest
- Former New Jersey Chris Christie claimed Rep. Liz Cheney, R-Wyo., [Full Story]
- LinkedIn Apologizes, Reinstates Air Force Veteran’s Post
- LinkedIn has apologized after deleting a post from a conservative Air [Full Story]
- Trump-Backed Alaska Hopeful Officially Files for Senate Run
- Kelly Tshibaka, who has received the endorsement of former President [Full Story]
- Biden, Modi in ‘Candid’ Ukraine War Talks as Indian Stance Frustrates US
- President Joe Biden and Indian Prime Minister Narendra Modi had a [Full Story]
- Poll: Trump’s Approval Ratings in Swing States Higher Than McConnell’s
- Former President Donald Trump is leading Senate Minority Leader Mitch [Full Story]
- More Newsfront
- Finance
- Apple Chief Cook Takes App Store Battle to Washington
- Apple head Tim Cook attacked moves to regulate his company’s App Store in a rare speech in Washington on Tuesday, arguing that new rules could threaten iPhone users’ privacy…. [Full Story]
- Broad Inflation Little Relief for Fed, But Peak May Be Near
- Ark’s Wood Remains Bullish on Tesla as US Recession Fears Rise
- After Brooklyn Subway Shooting, Uber and Lyft Shamed for Price Hikes
- US Power Use to Rise in 2022 as Economy Continues to Grow
- More Finance
- Health
- Mask Rule for Planes & Trains Still Up in the Air
- The federal requirement to wear face masks on airplanes and public transportation is scheduled to expire next week, and airline executives and Republican lawmakers are urging the Biden administration to let the mandate die…. [Full Story]
- Personality Traits That Increase Your Risk for Dementia
- Salmonella Outbreak in Chocolate Eggs Due to Bad Milk
- Rheumatoid Arthritis Meds May Lower Dementia Risk
- More than Half of the World’s Population Suffer From Headaches
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MHProNews has pioneered in our profession several reporting elements that keep our regular and attentive readers as arguably the best informed in the manufactured housing industry. Among the items shared after ‘every business day’ (when markets are open) is our left-right headline recap summary. At a glance in two to three minutes, key ‘market moving’ news items are covered from left-of-center CNN Business and right-of-center Newsmax. “We Provide, You Decide.” © Additionally, MHProNews provides expert commentary and analysis on the issues that others can’t or won’t cover that help explain why manufactured housing has been underperforming during the Berkshire era while an affordable housing crisis and hundreds of thousands of homeless in America rages on. These are “Industry News, Tips, and Views Pros Can Use” © features and others made and kept us the runaway #1 in manufactured housing trade publisher for a dozen years and counting.
Manufactured Housing Industry Investments Connected Equities Closing Tickers
Some of these firms invest in manufactured housing, or are otherwise connected, but may do other forms of investing or business activities too.
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- NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services, a manufactured home industry lender
- NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
- NOTE: Deer Valley was largely taken private, say company insiders in a message to MHProNews on 12.15.2020, but there are still some outstanding shares of the stock from the days when it was a publicly traded firm. Thus, there is still periodic activity on DVLY.
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In cases such as Apollo, Berkshire Hathaway, Blackstone or others, manufactured housing may only be part of their corporate interests. Note: depending on your browser or device, many images in this report can be clicked to expand. Click the image and follow the prompts. To return to this page, use your back key, escape or follow the prompts. 
https://www.manufacturedhomepronews.com/nobility-homes-financial-position-very-strong-sales-strong-but-challenges-including-lending-and-others-examined-plus-manufactured-housing-stocks-update/ - 2022 …Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory-built housing industry suppliers.
· LCI Industries, Patrick, UFPI, and LP each are suppliers to the manufactured housing industry, among others.
· AMG, CG, and TAVFX have investments in manufactured housing related businesses. For insights from third-parties and clients about our publisher, click here.
Enjoy these ‘blast from the past’ comments. MHProNews. MHProNews – previously a.k.a. MHMSM.com – has celebrated our 11th year of publishing and have completed over a dozen years of serving the industry as the runaway most-read trade media.
- 2022 …Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory-built housing industry suppliers.
Sample Kudos over the years…
It is now 12+ years and counting…
Learn more about our evolutionary journey as the industry’s leading trade media, at the report linked below.
· For expert manufactured housing business development or other professional services, click here.
· To sign up in seconds for our industry leading emailed headline news updates, click here.
Disclosure. MHProNews holds no positions in the stocks in this report.
That’s a wrap on this installment of “News Through the Lens of Manufactured Homes and Factory-Built Housing” © where “We Provide, You Decide.” © (Affordable housing, manufactured homes, stock, investing, data, metrics, reports, fact-checks, analysis, and commentary. Third-party images or content are provided under fair use guidelines for media.) (See Related Reports, further below. Text/image boxes often are hot-linked to other reports that can be access by clicking on them.)
By L.A. “Tony” Kovach – for MHProNews.
Tony earned a journalism scholarship along with numerous awards in history. There have been several awards and honors and also recognition in manufactured housing. For example, he earned the prestigious Lottinville Award in history from the University of Oklahoma, where he studied history and business management. He’s a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com. This article reflects the LLC’s and/or the writer’s position and may or may not reflect the views of sponsors or supporters.
