“We are writing to urge the Federal Housing Finance Agency (FHFA) to phase in a minimum energy efficiency standard for Enterprise-backed mortgages on new homes. Such a standard would save homeowners and renters money and make the housing market more consistent and stable. When asked at a hearing of the U.S. Senate Committee on Banking, Housing, and Urban Affairs last April, you indicated an intention to make a decision about this potential action on or about the end of the second quarter. As we are now rapidly approaching the end of the third quarter, we respectfully request an update on your intended timeline for a decision and for the Enterprises to begin implementation.” That is from the press release by Senator Chris Van Hollen (MD-D) and his colleagues Senators Jeanne Shaheen (NH-D) Cory Booker (NJ-D), Ed Markey (MA-D), Bernie Sanders, (VT-Democratic Socialist, caucuses with Democrats and has run for president as a Democrat), Elizabeth Warren (MA-D), and Peter Welch (VT-D) to Federal Housing Finance Agency (FHFA) Director Sandra Thompson, shown in Part II of this report with analysis.
Part I is the report from The Center Square provided to MHProNews. But note that others in mainstream media covered this same topic. More on that in Part III, where additional information with more MHProNews Analysis and Commentary is provided.
Part I – From The Center Square to MHProNews
Democratic and Democratic Socialist Senators Calling on FHFA to Boost New Housing Energy Standards
Senators want stronger energy standards by federal housing agency
(The Center Square) – A group of U.S. senators are urging the Federal Housing Finance Agency to implement stricter energy efficiency standards on new federally-backed homes.
U.S. Sens Chris Van Hollen, D-Md., Jeanne Shaheen, D-N.H., Cory Booker, D-N.J., Ed Markey, D-Mass., Bernie Sanders, I-Vt., Elizabeth Warren, D-Mass., and Peter Welch, D-Vt., wrote a letter to Sandra Thompson, director of FHFA, urging the agency to set minimum energy efficiency standards on new homes, which were built using “loans backed by government-sponsored enterprises,” including Fannie Mae, Freddie Mac and Ginnie Mae.
The senators say Thompson indicated the agency would implement standards “this summer,” which was in response to a question posed by Van Hollen during a spring hearing of the Senate Banking, Housing and Urban Affairs Committee.
The senators say the agency has failed to take such action. The group requests Thompson to provide an updated timeline on the decision while “calling on FHFA to act swiftly in order to improve home energy efficiency,” claiming the action will “ultimately” save American homeowners and renters money.
“We are writing to urge the Federal Housing Finance Agency to phase in a minimum energy efficiency standard for Enterprise-backed mortgages on new homes. Such a standard would save homeowners and renters money and make the housing market more consistent and stable,” the senators wrote.
The senators say Thompson indicated the agency would implement standards “this summer,” which was in response to a question posed by Van Hollen during a spring hearing of the Senate Banking, Housing and Urban Affairs Committee.
The senators say the agency has failed to take such action. The group requests Thompson to provide an updated timeline on the decision while “calling on FHFA to act swiftly in order to improve home energy efficiency,” claiming the action will “ultimately” save American homeowners and renters money.
“We are writing to urge the Federal Housing Finance Agency to phase in a minimum energy efficiency standard for Enterprise-backed mortgages on new homes. Such a standard would save homeowners and renters money and make the housing market more consistent and stable,” the senators wrote. ##
Part II – From the press release by U.S. Senators, Including Sen. Chris Van Hollen (MD-D), Letter to FHFA Director Sandra Thompson
September 23, 2024
Van Hollen, Shaheen, Colleagues Urge FHFA to Implement Stronger Energy Efficiency Standards for New Federally-Backed Homes
Today, U.S. Senators Chris Van Hollen (D-Md.) and Jeanne Shaheen (D-N.H.) were joined by Senators Cory Booker (D-N.J.), Martin Heinrich (D-N.M.), Ed Markey (D-Mass.), Bernie Sanders (I-Vt.), Elizabeth Warren (D-Mass.), and Peter Welch (D-Vt.) in writing to Federal Housing Finance Agency (FHFA) Director Sandra Thompson urging the Agency to set a minimum energy efficiency standard for new homes built using loans backed by government-sponsored enterprises, such as Fannie Mae, Freddie Mac, and Ginnie Mae. In response to a question from Senator Van Hollen during a Senate Banking, Housing, and Urban Affairs Committee hearing earlier this spring, Director Thompson suggested that FHFA would do so this summer – but it has not yet taken such action. In their letter, the Senators ask Director Thompson for an updated timeline for a decision, while calling on FHFA to act swiftly in order to improve home energy efficiency and ultimately save money for American homeowners and renters.
“We are writing to urge the Federal Housing Finance Agency (FHFA) to phase in a minimum energy efficiency standard for Enterprise-backed mortgages on new homes. Such a standard would save homeowners and renters money and make the housing market more consistent and stable,” the Senators began. “When asked at a hearing of the U.S. Senate Committee on Banking, Housing, and Urban Affairs last April, you indicated an intention to make a decision about this potential action on or about the end of the second quarter. As we are now rapidly approaching the end of the third quarter, we respectfully request an update on your intended timeline for a decision and for the Enterprises to begin implementation.”
Outlining the benefits of a minimum energy standard, they wrote, “Aligning new home energy standards with updated model codes will save money for homeowners and renters across the country. HUD and USDA found that the increased initial costs of construction are more than made up for by lower monthly energy costs. […] Beyond these financial benefits, updated codes help save lives by protecting families from the impacts of extreme weather events, particularly utility outages during heat waves and cold snaps. Updated energy codes can also yield better indoor air quality and reduce exposure to pollutants that can have negative health impacts including asthma, heart disease and lung cancer.”
“This year is an ideal time for FHFA to make these changes. The Bipartisan Infrastructure Law and Inflation Reduction Act provided over $1.2 billion of federal funding to help states and localities update their building codes. Already, multiple state and local governments, as well as HUD and USDA have adopted the updated building codes,” they Senators continued.
They concluded, “We urge you to move quickly to adopt modern energy standards for new homes utilizing Enterprise-backed mortgages to align with other federally backed housing construction, and ask you for an update on your timeline for taking this action. These standards will support a stable, efficient housing market by reducing wasted energy, improving health outcomes, and lowering costs for both renters and homeowners across the country.”
This letter is supported by Americans for Financial Reform, Rocky Mountain Institute, and the National Electrical Manufacturers Association.
The full text of the letter is available here and below.
Dear Director Thompson:
We are writing to urge the Federal Housing Finance Agency (FHFA) to phase in a minimum energy efficiency standard for Enterprise-backed mortgages on new homes. Such a standard would save homeowners and renters money and make the housing market more consistent and stable. When asked at a hearing of the U.S. Senate Committee on Banking, Housing, and Urban Affairs last April, you indicated an intention to make a decision about this potential action on or about the end of the second quarter. As we are now rapidly approaching the end of the third quarter, we respectfully request an update on your intended timeline for a decision and for the Enterprises to begin implementation.
FHFA has the opportunity to match or exceed the standards recently adopted by the Department of Housing and Urban Development (HUD) and the U.S. Department of Agriculture (USDA) for their residential mortgage programs. This action would support consistency and further the expansion of resilient, energy-saving construction practices across the housing market.
Your authority to take this action is clear from Public Law 110-289, the Housing and Economic Recovery Act of 2008, as well as from other actions FHFA and the government-sponsored enterprises have undertaken in alignment with their missions and obligations. Freddie Mac’s research has found that energy efficiency improvements can reduce risks associated with mortgage-backed securities, in part due to better resale values. Research also suggests that during major economic disruptions, energy efficiency may reduce mortgage defaults.
Aligning new home energy standards with updated model codes will save money for homeowners and renters across the country. HUD and USDA found that the increased initial costs of construction are more than made up for by lower monthly energy costs. For a typical home purchased with a 30-year mortgage, energy bill savings more than make up for small increases to down payments and monthly mortgage payments. High-performance homebuilders and multifamily property developers in diverse markets have found the incremental up-front costs of at- or above-code performance to be closer to 1% or, in some cases, negative.
Beyond these financial benefits, updated codes help save lives by protecting families from the impacts of extreme weather events, particularly utility outages during heat waves and cold snaps. Updated energy codes can also yield better indoor air quality and reduce exposure to pollutants that can have negative health impacts including asthma, heart disease and lung cancer.
This year is an ideal time for FHFA to make these changes. The Bipartisan Infrastructure Law and Inflation Reduction Act provided over $1.2 billion of federal funding to help states and localities update their building codes. Already, multiple state and local governments, as well as HUD and USDA have adopted the updated building codes.
When energy codes raise the floor on building performance, 45L tax incentives for builders to achieve certifications – such as ENERGY STAR® for Residential New Construction and Zero-Energy Ready Homes (ZERH) – frequently mean that the smartest path for developers is to build to these higher standards. ZERH homes use about 40% less energy than a typical home, opening the door to Greenhouse Gas Reduction Fund financing, green MBS opportunities, and – most importantly – even cleaner air, lower bills, and more secure housing for households nationwide. If FHFA also requires updated building codes, it will reduce or eliminate the need for developers to understand numerous different codes.
In summary, we urge you to move quickly to adopt modern energy standards for new homes utilizing Enterprise-backed mortgages to align with other federally backed housing construction, and ask you for an update on your timeline for taking this action. These standards will support a stable, efficient housing market by reducing wasted energy, improving health outcomes, and lowering costs for both renters and homeowners across the country.
Sincerely,
[Signed by Senators]
(MHProNews note: that letter above, including the signatures of those Democratic and Democratic Socialist senators, is linked here as a download.)
Part III – Additional Information with More MHProNews Analysis and Commentary in Brief
Let’s begin by noting that the premise of the Democratic letter, no matter how well intended it may be, ought to be rejected. Consumers already have options to increase energy efficiency in manufactured homes, and on conventional housing, if desired they could likely pay more to get more energy efficiency. Manufactured homes are already energy efficient. Manufactured homes with more insulation or energy savings features can be ordered or purchased. Some may never be able to buy a home based on added costs, as the NAHB’s annual priced out report illustrates.
That said, there are times it pays to delay a topic to allow others to potentially report on it first. If they do report before MHProNews/MHLivingNews, great, we then have something we can fact check. But if they don’t report first, or on some topics, at all, that too is revealing. With that brief introduction, the following Q&A with left-leaning Bing‘s AI powered Copilot by MHProNews (i.e.: “you” in the below).
1)
Copilot, on 9.23.2024 several U.S. Senators wrote a letter to FHFA Director Sandra Thompson on imposing energy standards for new housing financed by the regulated agencies. Senators Chris Van Hollen (MD-D), Jeanne Shaheen (NH-D), Cory Booker (NJ-D), Ed Markey (MA-D), Bernie Sanders (VT-I), Elizabeth Warren (MA-D), Peter Welch (VT-D) to Federal Housing Finance Agency (FHFA) Director Sandra Thompson 9.23.2024 at this link here: https://www.vanhollen.senate.gov/news/press-releases/van-hollen-shaheen-colleagues-urge-fhfa-to-implement-stronger-energy-efficiency-standards-for-new-federally-backed-homes Scan the web and answer this: Has the Manufactured Housing Institute and/or an MHI linked blogger or trade media published an article or post on that topic?
Copilot
Sent by Copilot:
Based on my search, there doesn’t appear to be any recent articles or posts from the Manufactured Housing Institute (MHI) or MHI-linked bloggers or trade media specifically addressing the letter from the U.S. Senators to FHFA Director Sandra Thompson on September 23, 2024, regarding energy standards for new housing123.
If you have any other questions or need further assistance, feel free to ask!
Learn more
1 manufacturedhousing.org 2 manufacturedhousing.org 3 energy.gov…”
2) The screen capture of the Q&A with Copilot posted above is as shown below.
3) There is an evidence-based argument to be made that no one can be as incompetent as MHI’s leadership on this housing energy rule topic and other manufactured housing industry related topics. MHI’s staff said years ago that they pay a tracking service to keep them up to date on what legislation is pending and what other related activities are taking place. It is difficult to imagine that MHI is ignorant of this development. If they know, why haven’t they stated their position on this publicly? If they don’t know, then they are revealing a level of sloth, ignorance, or incompetence that is inexcusable for people like MHI President Mark Bowersox and MHI CEO Lesli Gooch that get some $200,000 (plus bonuses, benefits, etc.) each for the job that they are apparently doing so poorly.
4) To be fair to MHI, it is prudent for them to engage with both Democrats and Republicans. As a national trade group that has a PAC, that’s their job. That said, MHI has made some incredibly stupid decisions in applauding certain actions, urging certain actions, and failing to take certain actions. No one with their level of education and experience can be this incompetent. That implies that their behavior is willful, not accidental.
5) MHI may be silent on this development with Democratic senators and the FHFA because they are posturing mitigation efforts when they have quietly wanted to see these energy standards go into effect all along. See the Q&A between MHProNews and MHARR’s Danny Ghorbani on the manufactured housing energy rule at the MHARR website at this link here. MHI has apparently been posturing on this energy rule matter to the industry for years.
6) As MHProNews previously and exclusively reported, if MHI was serious about ‘stopping’ a rule that they have quietly been advancing for years, “layered incompetence, layered stupidity is intent,” “the intent is assumed.” That is phrasing pundit Dan Bongino has used on his WMAL and nationally syndicated radio show with respect to the U.S. Secret Service (USSS), but which arguably applies just as much to MHI with respect to their handling of the genesis of the manufactured housing energy rule. For example. When the gas industry wanted to stop the DOE’s energy rule that they believe harms their members, they responded immediately with litigation. As a parallel, in MHI’s case, it took months of public pressure by MHARR, MHProNews, and MHLivingNews before MHI finally relented and sued DOE.
7) When the history of MHI’s behavior on this energy rule is carefully laid out, what becomes obvious is that they were incompetent (or deviously sly) since before the 2007 energy act was enacted into law. The articles above and below lay out the details in a reasonably systematic way that back up that allegation. MHARR has demonstrably been consistent. MHI has not. MHARR has been transparent. MHI has not. That speaks volumes. Recall that Copilot has repeatedly confirmed those concerns.
8) When MHI’s leaders hired Lesli Gooch, for example, they surely had to find the kind of concerns that MHProNews has documented were available online when they made their hiring decision to bring Gooch on board at the Arlington, VA based trade group. Keep in mind that these items below are from third parties, not MHProNews. Gooch was swamped with allegations of corruption and problematic behavior. Apparently, MHI’s insiders must have seen that and reasoned, this is just the kind of person we want to groom to one day help lead the MHI staff.
9) No amount of ‘almost a person of influence’ gaslighting can make Gooch (or Bowersox) look great.
10) No amount of lipstick on a proverbial pig can change the hard data. MHI claims to be the industry’s leader. Okay, that means that they own the key performance indicators (KPI) that includes MHVille industry image and new manufactured home industry sales.
11) At this time (2:18 PM ET on 9.25.2024) this is being written, MHI leaders have not responded to the public challenge to defend or debate their performance.
12) For MHI to embrace and applaud Democratic party plans is akin to adopting the Democratic Party’s push across a range of spectrums for energy standards that appear on its face to be at variance with MHI’s claims in their own litigation. Meaning, MHI leaders can’t have it both ways. They can’t be this stupid, not that Democrats are stupid, but MHI leaders are either incompetent, stupid, or, or, or are posturing behaviors that they may or may not mean sincerely.
13) MHI insiders ought to be embarrassed or ashamed, if they are capable of it. The evidence of MHI’s incompetence and/or corrupt behavior is extensive.
14) As our periodic series of articles on the Patch on housing, political, and policy/economic principles illustrate, a systematic case is being made that public officials as well as MHI leaders are both failing. Who said? Among others, higher-profile MHI member Frank Rolfe.
15) As those reports detail, Rolfe isn’t alone. Despite MHI’s outside attorney David Goch saying that MHI monitors statements being made about “the Institute” and takes steps against anyone that “disparages” the Arlington, VA based trade group, apparently, Goch and MHI leaders must not think that they are being disparaged. That means, by implication that they admit that their behaviors merit the criticism that have been leveled against them. MHI has been asked to respond to reports like the one below or the ones above. Silence.
16) ELS leaders dumping stocks may be totally unrelated to these matters. But on the other hand, Patrick Waite is on the MHI Executive Committee.
17) MHARR does far more focused articles that hit some key facts and make their points. Both kinds of articles are arguably necessary and useful. MHARR has said that the industry has three bottlenecks, counting the energy rule related woes. Unofficially, sources with ties to MHARR have said that if Trump gets back into the White House, it is obvious that they will put a stop to this manufactured home energy rule related mandates. MHARR has not made such a statement officially. Be that as it may, it makes the point that MHI’s behavior and thinking is self-contradictory. MHARR’s is consistent and based on the current dynamics.
18) The KPI of production is the acid test of MHI effectiveness.
19) Sooner or later, the likelihood of another analyst, perhaps like Greg Palm, may ask some unscripted question(s) during a quarterly earnings call for an MHI insider brand. If they don’t MHProNews may begin to shine a light on those analysts.
20) The evidence of massive failures of the regulatory and oversight provisions of our nation during the 21st century are many. See those arguably related reports linked below.
The business-daily markets report is dead ahead. ##
Part III
Our Daily Business News on MHProNews stock market recap which features our business-daily at-a-glance update of over 2 dozen manufactured housing industry stocks.
NOTICE: following the TPG deal with CAPREIT, TPG has been added to our tracked stocks list below.
This segment of the Daily Business News on MHProNews is the recap of yesterday evening’s market report at the closing bell, so that investors can see-at-glance the type of topics may have influenced other investors. Our format includes our signature left (CNN Business) and right (Newsmax) ‘market moving’ headlines for a more balanced report.
The macro market moves graphics below provide context and comparisons for those invested in or tracking manufactured housing connected equities. Meaning, you can see ‘at a glance’ how manufactured housing connected firms do compared to other segments of the broader equities market.
- In minutes a day, readers can get a good sense of significant or major events while keeping up with the trends that may be impacting manufactured housing connected investing.
Headlines from left-of-center CNN Business – 9.25.2024
- Meta is bringing the voices of Judi Dench, John Cena and Keegan-Michael Key to its AI chatbot
- A survey of workers by the Conference Board found that workplace flexibility is the most important element of total compensation beyond a competitive salary.
- Why moves by Amazon and comments by Jamie Dimon don’t threaten an end to remote work benefits
- Infowars founder Alex Jones speaks to the media outside Waterbury Superior Court during his trial on September 21, 2022 in Waterbury, Connecticut.
- Alex Jones’ conspiracy theory empire Infowars will be sold for parts to help pay Sandy Hook families
- Boeing workers pressured to put speed over quality, FAA says
- The Nike logo above the entrance to a Nike store in December, 2021 in Miami Beach, Florida.
- Nike sneaker ad labeled ‘misleading’ for marketing $35 kids’ shoes to adults
- A man looks at eggs displayed at a supermarket in Chicago, Illinois, U.S., April 13, 2022. Picture taken April 13, 2022. REUTERS/Jim Vondruska REFILE-CORRECTING INFORMATION
- Here we go again: Egg prices are spiking. Here’s why
- Gold’s hitting new records again. Here’s what it means for the economy
- Boeing CEO Kelly Ortberg came in with a kind of pro-labor halo. But after the company angered union leaders this week, his goodwill among the rank-and-file may have expired.
- Another unforced error by Boeing is souring the new boss’ good vibes
- American multinational clothing fashion brand Tommy Hilfiger store and fashion brand store Calvin Klein Jeans are seen at a shopping mall in Hong Kong.
- China threatens sanctions on Calvin Klein owner over Xinjiang cotton boycott
- Did you know violent crime is down? Not if you’re watching right-wing media
- Caroline Ellison, whose testimony helped convict Sam Bankman-Fried, sentenced to two years in prison
- US Justice Department accuses Visa of illegal monopoly that adds to the price of ‘nearly everything’
- Boeing is raising its offer to end the strike
- FAA boss: Boeing still must make ‘significant changes’ to improve quality and safety
- Americans are fretting over the job market
- TikTok purges accounts tied to Russian media over ‘covert influence’ efforts ahead of US election
- Coca-Cola is pulling its newest ‘permanent’ flavor from store shelves
- Goodbye Louis Vuitton. China’s Gen Z leans into ‘dupe economy’ as growth prospects stall
- Americans are drowning in credit card debt. Trump’s proposed cap on interest rates probably won’t help
- Over 400 economists and ex-officials endorse Kamala Harris
- Elon Musk bows to pressure from Brazil’s top court in a bid to reinstate X
- After CEO’s arrest, Telegram says it will now turn some bad actors’ data over to law enforcement
- Pennsylvania health system agrees to $65 million settlement after hackers leaked nude photos of cancer patients
Headlines from right-of-center Newsmax – 9.25.2024
- Trump on Assassination Threat From Abroad: We Will Blow Your Countries ‘to Smithereens’
- Republican presidential nominee Donald Trump vowed a serious response to countries potentially involved in assassination attempts against him or any American politician. “If I were the president, I would inform the threatening country — in this case, Iran — that if you do anything to harm this person, we are going to blow your largest cities and the country itself to smithereens.” [Full Story]
- Election ’24: Race for White House
- Biden Cabinet Member: ‘Extinguish’ Trump ‘for Good’
- Trump Trounces Harris by 14:1 Margin in ‘Cookie Poll’
- Leavitt: Harris Polls Worse Than Any Dem v. Trump
- National Polls Reveal Electoral Challenges for VP Harris
- US Election Risk Curtails Corporate Investment Plans
- Harris Tax Plan Doubles Down on Bidenomics
- Pollster Luntz: Harris’ Planned Border Visit Too Late
- Defiant Trump Warns Against ‘Big Threats’ From Iran
- Gallup Poll: Election Is Trump’s to Lose
- Newsmax TV
- Murphy: Americans ‘Not Buying’ Harris’ ‘Persona’
- McCormick: Israel Shows Strength, Unlike US
- John McLaughlin: These Close Polls ‘Are Relief for Us’
- Alford: Biden-Harris Policies Spiked Crime
- Gimenez: Rally Shooting ‘Massive Failure’
- Comer: Weakness on China Raises Security Concerns
- Gaetz: Are Optics Driving Trump’s Security?
- FCC’s Carr: Agency Gave Soros ‘Special Shortcut’
- Newsfront
- Comer Asks if Zelenskyy Pa. Trip a WH ‘Abuse of Power’
- James Comer, R-Ky., the chairman of the House Oversight Committee is demanding answers after the Biden administration flew Ukrainian President Volodymyr Zelenskyy to Pennsylvania, a key battleground state in the 2024 election…. [Full Story]
- Lead Butler Secret Service Agent Knew Threat ‘Credible’
- The special agent in charge (SAIC) of the Pittsburgh field office [Full Story]
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- Senate Report: Security Failure at Trump Rally Shooting ‘Preventable’
- Gaetz to Newsmax: Are Optics Driving Trump’s Security?
- Judge Cannon Gets Case of Alleged Would-Be Trump Assassin
- Rasmussen: Most Expect More Trump Assassination Attempts
- Gunman Hijacks L.A. Bus, Kills Passenger
- A passenger was killed after a gunman hijacked a city bus in Los [Full Story]
- Smartmatic Damages Reduce by $1 Billion – Why?
- Newsmax was asked by media why Smartmatic claims of damages against [Full Story]
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- Newsmax Wins Major Ruling in Smartmatic Case
- Israel Intercepts Hezbollah Missile Fired at Mossad HQ
- Israel unleashed more airstrikes on Lebanon on Wednesday and [Full Story]
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- IDF Officer: Prepare for Ground Invasion in Lebanon
- Lebanese Foreign Minister: Biden’s UN Speech Fizzled
- World Leaders Excoriate Israel at UN Gathering
- Report: Biden Losing Hope for Gaza Cease-Fire Deal
- Zelenskyy Takes Aim at China, Brazil Push for Peace in Ukraine
- Ukrainian President Volodymyr Zelenskyy on Wednesday dismissed [Full Story]
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- A Maryland woman who’s held white supremacist views for decades and [Full Story]
- US Leading Middle East Peace Effort
- The United States is spearheading a new diplomatic effort to end [Full Story]
- Manchin Won’t Back Harris for Gutting Filibuster
- West Virginia Sen. Joe Manchin, I, said Tuesday he would not endorse [Full Story]
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- IAEA: ‘Ship Has Sailed’ on Iran Nuke Inspections
- The U.N. nuclear watchdog has been pushing Iran to lift its ban of [Full Story]
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- Polar bears are thriving, the Great Barrier Reef is getting larger, [Full Story] | Platinum Article
- Helene Expected to Strike Florida as Major Hurricane
- Helene became a hurricane after the huge storm rapidly strengthened [Full Story]
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- Michael Cohen Vows to Leave US if Trump Wins
- Michael Cohen, former President Donald Trump’s ex-lawyer, has vowed [Full Story]
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- Nearly a third of company financial officers say that risks around [Full Story]
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- Alphabet unit Google filed a complaint to the European Commission [Full Story]
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- The head of New York City’s public schools system, David Banks, said [Full Story]
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- Facebook owner Meta Platforms showed off its first working prototype of augmented-reality glasses, called Orion, during its annual Connect conference at its California headquarters Wednesday…. [Full Story]
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- Why Gold Keeps Climbing to Unprecedented Heights
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- Health
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- To stay motivated, psychologists say we need to activate two regions of the brain: the amygdala and the prefrontal cortex. The amygdala is the emotional region of the brain while the prefrontal cortex is responsible for planning and executing decisions. According to BBC…… [Full Story]
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- Hall of Fame QB Favre Says He Has Parkinson’s Disease
- Psilocybin Reduces Eating Disorder Symptoms
- Latest State to Restrict Smartphones in School
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-
- NOTE 1: Chart above of manufactured housing connected equities includes the Canadian stock, ECN, which purchased Triad Financial Services, a manufactured home industry finance lender.
- NOTE 2: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
- NOTE 3: 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.
- Note 4: some recent or related reports to the REITs, stocks, and other equities named above follow in the reports linked below.
- Note 5: Gifts of Sight and Insights, What’s in Store for 2024? Including 2023 Year End Reflections, manufactured homes, manufactured housing, mobile homes, MHVille, USA Snapshots, Manufactured housing industry year in review 2023.
-
2023 …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.
2022 was a tough year for many stocks. Unfortunately, that pattern held true for manufactured home industry (MHVille) connected stocks too. See the facts, linked above.
====================================
Disclosure. MHProNews holds no positions in the stocks in this report.
· For expert manufactured housing business development or other manufactured housing professional services, click here.
· To sign up in seconds for our industry leading emailed headline news updates, click here.
- Note 1: MHVille means manufactured housing industry, MHVille also means artificially smaller manufactured housing (MH) industry,
- Note 2: Manufactured housing, building, factories, retail, dealers, manufactured home, communities, passive mobile home park investing, suppliers, brokers, finance, financial services, macro-markets, manufactured housing stocks, Manufactured Home Communities Real Estate Investment Trusts, MHC REITs.
- Note 3:
APO, Apollo Global Management, BAM, Brookfield Asset Management, BLK, BlackRock, BRK-A, Berkshire Hathaway, BX, Blackstone, CDPYF, Canadian Apartment Properties Real Estate Investment Trust, CIGI, Colliers International Group Inc, CG, The Carlyle Group, CSGP, CoStar Group, CVCO, Cavco Industries, ECNCF, ECN Capital Group, ELS, Equity LifeStyle Properties, FGF, FG Financial Group, FG Communities, KEY, KeyCorp, KMMPF, Killam Apartment REITs, LCII, LCI Industries, LEGH, Legacy Housing, LPX, Louisiana Pacific Corporation, MHC-UN.TO, Flagship Communities Real Estate Investment Trust (REIT), MHPC, Manufactured Housing Properties, MMI, Marcus and Millichap, NOBH, Nobility Homes, PATK, Patrick Industries, SKY, Skyline Champion, SUI, Sun Communities, UMH, UMH Properties, UFPI, UFP Industries.
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 linked herein. 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, honors and numerous public recognitions for his achievements 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. Kovach is a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHLivingNews.com and MHProNews. MHProNews is ranked as the runaway most read trade media in modern manufactured housing history. Manufactured Home Pro News (MHProNews) is the documented #1 largest and most read source for manufactured housing industry News Tips and Views Pros Can Use, per Webalizer 2.23 (on 5.22.2024) and known data. MHProNews gets millions of visits a year and has significantly more pageviews per visit than CNN or Fox per SimilarWeb’s stats for those two sites (but in fairness CNN and Fox sites get more much more total traffic). Statistics – Data – Infographics – Research – Facts – Evidence – Trends – and manufactured housing industry expert Analysis make us and keep us the runaway most read in MHVille trade media. This article reflects the LLC’s and/or the writer’s editorial views and may or may not reflect the views of sponsors or supporters.
