For years, the Institute for Building Technology and Safety (IBTS) releases the official data collected on behalf of the U.S. Department of Housing and Urban Development (HUD) monthly report on manufactured housing production and shipment data on the 3^rd day of the month. February 2023 data was released on April 3, 2023. For years, the Manufactured Housing Association for Regulatory Reform (MHARR) releases their report on that HUD data the same day. MHARR’s a fraction of the size and budget of MHI, due in part to their difference in focus from MHI. MHARR is focused on ‘production’ issues from the viewpoint of independent producers of HUD Code manufactured homes. MHI claims to be focused on “all segments” of manufactured homes and ‘factory built housing,’ even though there are separate associations that deals with modular housing issues (Modular Home Builders Association (MHBA) and Modular Building Institute (MBI), led by Tom Hardiman). Restated, MHI is the ‘post-production’ trade group for manufactured housing as well as a ‘producers’ trade group that represents the largest brands in manufactured home production. MHARR is production focused.

Hardiman normally steers clear of manufactured housing related issues; he understandably stays focused on modular housing topics. But when Hardiman weighs in, he appears to do so with gusto, as the two previous linked in Part II of this report reflects below.

For years, MHARR has been critical of MHI’s apparently odd behavior, more on that in Part II of this report, further below.

More recently, a law professor issued an insightful and fascinating remark not known to have been reported on by others in MHVille’s routinely pro-MHI bloggers and ‘trade media.’ Only MHProNews/MHLivingNews reported the remark cited below in Part II. There is still more under the heading of additional information with more MHProNews analysis and commentary.

That said, Part I of this report is the bulk of MHI’s latest so-called “Federated States Newsletter dated 4.3.2023. As industry readers, advocates, and others may note, there is no mention that manufactured housing is now in month 5 of a downturn. Yellow highlighting is added by MHProNews. Unpacking and critiquing elements of what follows will occur in Part II.

 

Part I. MHI’s 4.3.2023 Federated States ‘News’

 

UPCOMING EVENTS

Today at 3:00 P.M. EST – MHI’s “Monthly Mondays Meet-Up” for State Executives

As part of MHI’s ongoing commitment to support our state association executives, we facilitate monthly virtual meetings exclusively for you. MHI’s next “Monthly Mondays Meet-Up” will take place today at 3:00 PM Eastern. Register here.

 

Less Than 3 Weeks until the 2023 Congress & Expo

The industry’s premier event is quickly approaching! Join us April 19-21 at the MGM Grand in Las Vegas for the 2023 MHI Congress & Expo. Congress & Expo includes three days of top-quality educational programs, networking opportunities and an expo hall with more than 100 companies showcasing the latest innovations in manufactured housing products and technology. Register before April 14.

 

CALL TO ACTION

Help Delay the Manufactured Housing Energy Efficiency Standards Compliance Date

To date nearly 300 industry professionals have called on the Department of Energy (DOE) to postpone the compliance date for the manufactured housing energy efficiency standards, currently scheduled to go into effect on May 31, 2023.

DOE must extend the compliance date for the manufactured housing energy efficiency standards until after the Department’s future enforcement procedures are created and take effect. MHI strongly recommends DOE postpone the compliance date because it is impossible for the industry to know whether or not its compliance efforts will be found satisfactory to DOE without a clear understanding of how DOE will evaluate standards for compliance and how DOE intends to enforce these standards. DOE’s enforcement procedures should be created in consultation with the industry to apply the energy efficiency standards to the realities of manufactured home construction. The industry needs time to understand DOE’s enforcement procedures and prepare their operations to ensure compliance with the energy standards.

There are two ways to take action:

2. Share MHI’s Grassroots Call to Action. Click here for a link to MHI’s grassroots Call to Action, which is directed to the Department of Energy. It is critical that the DOE hear from all sectors of the manufactured housing industry about the urgent need to postpone the manufactured housing energy standards compliance date. MHI wrote a letter that you can send to DOE by simply inserting your home address and clicking submit. Please share with your members and colleagues.
3. Submit a State Association Letter. Thank you to those state associations that have already submitted letters. MHI encourages states to respond directly to the DOE’s request for public comment. To assist you in this effort, MHI has attached a template letter for you to personalize and submit with your comments. To submit your comments, click here and under the “Comment” section type “See attached letter.” Then, upload a pdf version of your letter in the “Attach Files” section and enter your email address and select the box labeled “Organization.” You will then be prompted to select an “organization type” and enter the “Organization Name.” When done, just hit the “Submit Comment” button and your letter will be sent to the DOE.

 

NEWS FROM WASHINGTON

MHI Calls for Mortgage Lenders and Servicers to Be Exempt from New Rules

In response to two proposed rules from the Consumer Financial Protection Bureau (Bureau) that would impact nonbank entities, MHI called on the Bureau to exempt mortgage lenders and servicers. The first proposed rule would require mortgage lenders and servicers to disclose all form contracts they utilize that seek to waive or limit consumer legal protections. In its letter, MHI stated this rule is duplicative and unnecessary as the Dodd-Frank Act already has requirements in place and would create a compliance burden for mortgage lenders and servicers. If mortgage lenders and servicers are not exempted, MHI called for the rule to be amended to exclude all federal agency mortgage program required forms and to exclude standardized forms required in complying with a myriad of other federal mortgage rules and state laws such as waivers of homestead rights, marital property and consumer property rights, to name a few. Finally, MHI stated the $1 million receipts threshold is too low and a significantly higher threshold is needed. Read the letter here.

The second proposed rule would require mortgage lenders and servicers to submit to the Bureau all legal actions, including agency and court orders, against them. In its letter, MHI told the Bureau this action is redundant and unnecessary as this information is already public and exists on the Nationwide Multistate Licensing System (NMLS), where mortgage lenders and servicers are required to post such information and which consumers can easily search. MHI also expressed concerns with the requirement to designate a senior executive “to attest to the firm’s compliance with covered rules” and the lack of clarity surrounding this obligation. Read the letter here.

 

Senate Passes Joint Resolution to Rescind “Waters of the U.S.” (WOTUS) Rule

The U.S. Senate passed a Congressional Review Act (CRA) joint resolution of disapproval that would rescind the Administration’s “Waters of the U.S” (WOTUS) rule by a vote of 53 to 43. This was a bipartisan vote with Senators Rosen (NV), Cortez Masto (NV), Manchin (WV), Tester (MT) and Sinema (AZ) joining Republicans to support the measure. This action follows similar action by the U.S. House of Representatives which passed the CRA last month. The WOTUS CRA resolution now goes to President Biden, who has publicly stated he will veto it. If the President does veto the resolution, a two-thirds vote in both the House and Senate will be needed to override the veto. MHI, along with many housing and business industry groups, have consistently expressed concerns about the definition of WOTUS and have long called for a rule that ends the uncertainty over where federal jurisdiction begins and ends. However, rather than providing clarity, the revised definition continues to create uncertainty for landowners and developers about whether waters (such as ponds and ditches) on their property require them to go through the federal permitting process under the Clean Water Act (CWA).

 

HUD’s Rule to Address Discriminatory Housing Market Practices Goes Into Effect in May

On May 1, 2023, HUD’s final rule entitled “Restoring HUD’s Discriminatory Effects Standard” will go into effect. This final rule rescinds the Department’s 2020 rule governing Fair Housing Act disparate impact claims and restores the 2013 discriminatory effects rule. MHI previously submitted comments to HUD stressing the importance of fair housing and disparate impact as tools the industry uses to combat localities’ use of zoning and other discriminatory practices to exclude manufactured homes in their community. Click here for a fact sheet about the rule and here to read the final rule.

 

DOE Offers States and Localities Funding to Adopt More Stringent Energy Codes

As the Administration continues to make climate change and energy efficiency top priorities, the DOE announced it will make $1 billion in funding available to help states and local governments create improved building codes that reduce carbon emissions and improve energy efficiency through the IRA Funded Technical Assistance for the Adoption of Building Energy Codes. The awards will support states and local jurisdictions in adopting, implementing, and enforcing the latest model, zero energy codes, or equivalent codes and standards, including the adoption of the 2021 International Energy Conservation Code (IECC) for residential buildings. Funds will also be awarded to adopt a building energy code that meets or exceeds the zero energy provisions in the 2021 IECC code. Learn more.

 

HUD Publishes Article Highlighting the Use of American Rescue Plan Funds

HUD recently published an article outlining how states are using funds from the American Rescue Plan to increase affordable housing supply. Over $5.4 billion of the State and Local Fiscal Recovery Funds (SLFRF) have been deployed for affordable housing development and preservation, with a portion of the $16 billion overall allocated for housing-related projects. In July 2022, the Treasury Department expanded the scope of SLFRF funds, which can now be more easily used for the development, repair, and operation of affordable homes. Further, state recipients of these funds are encouraged to use them to make significant investment in order to support and expand affordable housing. The article highlights projects in several states that are utilizing these funds. The projects in Illinois and Massachusetts used SLFRF funds for developing affordable multifamily units. The State of Nevada awarded the Washoe Tribe $5.5 million in SLFRF funds, which will be used for a variety of projects including the new construction of 20 one-story, single-family homes with crawlspaces, porches, and patios. Click here to read the full article.

 

MANUFACTURED HOUSING IN THE NEWS

To keep you informed of what is being said in the media, below are some news stories and articles about manufactured housing that appeared in publications across the country the last week.

• Mississippi tornado reignites push for mobile home safety, NewsNation
• Even small tornadoes can toss mobile homes. What about a massive one?, Washington Post
• State program to fix mobile home parks approved 1 application in 10 years. Will a rebrand work?, Los Angeles Daily News
• Mobile home tenants fight rent increases, The Daily World

 

MEMBER RESOURCES

MHI Research Finds Affordability Top Reason for Living in a Manufactured Home

MHI continues to release insights and findings from our recent consumer survey. MHI’s first set of findings are centered on the experiences and sentiments of current residents of manufactured homes. The affordability of manufactured housing continues to motivate homebuyers. Overall, roughly three-fifths (59%) of manufactured home residents cite affordability as one of their top 5 reasons to live in a manufactured home. Click here to see the full infographic highlighting key findings from the research.

 

Part II Additional Information with More MHProNews Analysis and Commentary

We recently did a ‘side-by-side’ comparison of MHI vs. MHARR remarks on the DOE issue here, and Danny Ghorbani sounded off on that topic in a popular Q&A at this link here. In no particular order of importance are the following observations.

 

A) Each of the ‘news headlines’ merits a response from MHI, will they give it publicly? If not, why not? Recall or see what prior MHI chairman Tim Williams said was the plan in his exclusive remarks to MHProNews at this link here. Why hasn’t MHI done exactly what Williams said?

 

B) The 3rd and 4th headlines above ought to be an embarrassment to MHI for reasons revealed in the fact check, analysis, and commentary linked below.

 

C) Despite the talk of what HUD or federal officials are doing ‘for’ affordable housing and manufactured homes, the facts reveal that both affordable housing and manufactured homes are in retreat since Biden’s housing plan was unveiled. Why doesn’t MHI stress that point? By contrast, MHProNews/MHLivingNews have documented the facts and evidence step-by-step as it occurred.

 

D) MHBA/MBI executive director Tom Hardiman has weighed in on MHI and on Biden Housing policies, links as promised in the preface, above.

“Political Payoffs” Modular Home Builders Association (MHBA) Compared to Manufactured Housing Institute (MHI) on Biden Plan – ‘Turns American Dream into American Nightmare’ – Analysis – plus, Manufactured Housing Stocks Updates

E) While MHI seems to get involved in supporting conventional housing interests, where are the conventional housing interests in supporting the issues that MHI claims to champion? Can you hear the crickets…?

F) Is MHI giving industry independents the Lemming Treatment? MHI is arguably treating its members and followers like lemmings. How often has MHI asked its followers to sign onto one of their ‘letters’ with no appreciable change in the industry’s status quo? Short answer, too many times in recent years. Additionally, as MHProNews has informed industry members, Regulations.gov says that comments ARE NOT like a vote. While a lot of messages – even similar ones – to a lawmaker’s office CAN BE relevant, a lot of nearly identical messages to a regulator IS NOT.

1. 1. In case MHI’s ‘experts’ don’t know, the U.S. Senate issued a report in 2019 suggesting clarifying the points made above and others. Duplicate remarks, fake comments from unreal persons, and several other ‘abuses’ of the federal comments system were identified and condemned in that Senate report.
   2. The comments quoted below are from Regulations.gov document linked here as a download.
   3. “Form Letters: Organizations often encourage their members to submit form letters designed to address issues common to their membership. Organizations including industry associations, labor unions, and conservation groups sometimes use form letters to voice their opposition or support of a proposed rulemaking. Many in the public believe that their submitted form letter constitutes a “vote” regarding the issues concerning them. Although public support or opposition may help guide important public policies, agencies make determinations for a proposed action based on sound reasoning and scientific evidence rather than a majority of votes. A single, well-supported comment may carry more weight than a thousand form letters.”
   4. Oxford Languages second definition for lemming is this: “a person who unthinkingly joins a mass movement, especially a headlong rush to destruction.”
   5. Dictionary defines being called “a lemming” like this: “a person who follows the will of others, especially in a mass movement, and heads straight into a situation or circumstance that is dangerous, stupid, or destructive”
   6. Note: MHProNews advising thoughtful people that they are apparently being manipulated or duped is not a slam on the followers. Some may think that they have little or no choice but to do what they are asked. Rather, the ‘lemming’ warning is a concern for anyone who is capable of independent thought and behavior and mistakenly trusts MHI. When the feds (Regulations.gov) and U.S. Senate report (commenting on the Regulations.gov system and its abuses) say form letters (astroturfing, duplicate messages, etc.) are saying don’t do something, why is MHI telling their members to do it anyway?
   7. It is embarrassing that only 300 members have done what MHI asked. MHI claims they have 1000 plus company/organizational members. That means that less than 1/3 people in every organization responded. To put this in perspective, if this was a serious and legitimate effort, Clayton Homes could put out an internal memo and ask their 20,000 team members (per Forbes) to all send an email. This is arguably part of the Machiavellian, manipulative ploy that MHI has become known for in recent years.

But to better grasp what critics think of as the truly manipulative methods apparently being deployed by MHI and their leaders, see the report linked below. It compares what NAHB and MHARR have said and done to how MHI’s 4.3.2023 email ‘informed’ (or misinformed) their members.

 

Will Manufactured Home Industry Grow, Slow, Fade, or Go? Consequences and Rewards Hang in the Balance of Manufactured Housing’s Future – Road Map Legend; plus Sunday MHVille Headlines in Review

Politics Makes for Strange Bedfellows – Advancing American Freedom Coalition ‘Woke 401(k) Rule Must Be Repealed’ – ‘Fight Woke Wolves of Wall Street’ Liberty-Prosperity-Strength-Security; plus MHVille Stocks Update

###

 

Longtime MH Retail Sales Manager Asks Manufactured Home Leaders – Why are Manufactured Housing Production Levels Today About Half of 1980s When Interest Rates Hit 20.5% APR on ARM Loans?

Pro-Manufactured Home Law Prof. Daniel R. Mandelker Says ‘Organization Needed for Manufactured Housing Advocates Litigation and Legislative Support’ – plus MHVille’s Sunday Weekly Headlines Recap

Manufactured Housing Institute Claims ‘Effective Branding’ for ‘Manufactured Housing’-Seriously? Target Rich Satirical Saturday Examines MHI Claims, Messaging, RESULT$; plus MHVille Stocks Update

 

Part 3: Daily Business News on MHProNews Markets Segment

The modifications of our prior Daily Business News on MHProNews format of the recap of yesterday evening’s market report are provided below. It still includes our signature left (CNN Business) and right (Newsmax) ‘market moving’ headlines. The macro market moves graphics will provide context and comparisons for those invested in or tracking manufactured housing connected equities.

In minutes a day readers can get a good sense of significant or major events while keeping up with the trends that are impacting manufactured housing connected investing.

Reminder: several of the graphics on MHProNews can be opened into a larger size. For instance: click the image and follow the prompts in your browser or device to OPEN In a New Window. Then, in several browsers/devices you can click the image and increase the size. Use the ‘x out’ (close window) escape or back key to return.

 

Headlines from left-of-center CNN Business – from the evening of 4.3.2023 

• Phantom purge
• Musk’s Twitter promised to remove blue check marks granted under its old system. Instead, he singled out one account
• Bob Iger calls Florida actions against Disney World ‘anti-business’
• Taxes and adulting: What to know about filing taxes on your own for the first time
• Morning after pill brand speeds up retail access, doubles supply per pack
• EY banned from auditing public interest companies in Germany over Wirecard
• Tesla sales again fall short of production
• WSJ editor says talk between Blinken and Russian foreign minister about detained journalist is ‘hugely reassuring’
• What OPEC’s surprise oil cut means for gas prices
• Wall Street Journal: McDonald’s closes offices and tells employees to work from home ahead of layoffs
• WWE is combining with UFC to form a new company
• 50 years ago, he made the first cell phone call
• Oil prices surge after OPEC+ producers announce surprise cuts
• HSBC’s top execs face tense shareholders calling for a breakup
• Stocks bounced back in the first quarter, but it’s too early to celebrate
• China Renaissance suspends trading, delays results after founder’s disappearance
• CEOs are tired of being held responsible for gun regulation
• Cineworld shares tank after Regal Cinemas owner ditches plans to sell US and UK businesses
• ‘I’ve never seen anything like this:’ One of China’s most popular apps has the ability to spy on its users, say experts
• Micron Technology: China probes US chip maker for cybersecurity risks as tech tension escalates
• Starbucks fires Buffalo union worker who ‘ignited a movement’ to organize
• Puffer coat Pope. Musk on a date with GM CEO. Fake AI ‘news’ images are fooling social media users
• This is one of the worst times to buy a car in decades. Here’s why
• Swiss prosecutor probes Credit Suisse takeover

 

Notice: the graphic below can be expanded to a larger size.

See the instructions below the graphic below or click the image and follow the prompts.

Headlines from right-of-center Newsmax 4.3.31.2023

• Trump Campaign Raises Record $7M in Days Since Indictment
• Trump Force One takes off with former President Donald Trump aboard Monday afternoon, bound for New York for a surrender on his indictment. (Rebecca Blackwell/AP)
• Trump’s Legal Issues
• Trump Urges ‘Final Battle’
• Trump Campaign Raises Record $7M Since Indictment
• Blagojevich to Newsmax: Trump Gag Order ‘Outrageous’ | video
• Fmr Rep. Frank: ‘Bad Indictment’ Is a ‘Mistake’ | video
• John McLaughlin: Only Crime Is Leading in Polls
• Hungarian PM to Trump: ‘Keep on Fighting’; ‘We’re With You’
• Hoover Institution’s Hanson: Indict One, Indict All
• FBI: More Possible Mar-a-Lago Docs Obstruction
• Trump Indictment Pulls DeSantis Leaners to MAGA Fold
• ABC Poll: 55% Americans Don’t Support Indictment
• Trump Mar-a-Lago Speech Planned for Tuesday Night
• Poll After Indictment: Trump GOP Lead Grows to 30 Points | video
• More Trump’s Legal Issues
• Newsmax TV
• Crenshaw: Armed Guards in All Schools
• Grenell:: Dictators Envy Media’s Support of DC Dems
• Murphy: Time to End COVID Health Emergency
• Palin: Those Out to Sink Trump Sure to Lose | video
• John McLaughlin: Trump’s Only Crime Is Leading in Polls
• Tim Burchett: Trump Finding New Support | video
• More Newsmax TV
• Newsfront
• NBC: China Balloon Gathered Intel on US Military Sites
• A Chinese balloon that flew across the United States was able to gather intelligence from several U.S. military sites and transmit it back to Beijing in real time, despite the Biden administration’s efforts to prevent it from doing so, NBC News reported Monday…. [Full Story]
• Israel’s Netanyahu Puts Defense Minister’s Sacking on Hold
• Israeli Prime Minister Benjamin Netanyahu will delay the dismissal of [Full Story]
• Trump, in Flight, Urges ‘Final Battle’
• Former President Donald Trump took flight aboard Trump Force One on [Full Story]
• Florida Bill on Defamation Will Boomerang on Conservatives
• Legislation under consideration by Florida Republicans that would [Full Story]
• 6 Defendants Seeing ‘Softening of Sentiments’
• The early release of Jacob Chansley, the so-called “QAnon Shaman,” [Full Story] | Platinum Article
• Trump Campaign Raises Record $7M Since Indictment
• Former President Donald Trump’s campaign for the 2024 election has [Full Story]
• Ukraine Mocks Russian Claim of Bakhmut Control
• Ukraine’s military said its troops were locked in combat with Russian [Full Story]
• Related
• $2.6B Worth of Damage to Ukraine’s Culture: UN
• Russia Says It Will Beef Up Forces as Finland Joins NATO
• Jailed US Reporter Appeals His Arrest in Russia
• NATO’s Stoltenberg: Release Wall St Journal Reporter
• Kremlin: Killing of War Blogger Terrorist Act
• Russia to Put Nukes Near Belarus’ Western Border
• Biden ‘Humiliation’ of Netanyahu Shows Bias on Israel
• A public spat between longtime friends President Joe Biden and [Full Story] | Platinum Article
• Greene’s Tip to DeSantis: ‘Talk to the Press’
• Marjorie Taylor Greene, R-Ga., is urging Florida’s GOP Gov. Ron [Full Story]
• Larry Summers Rues Young Americans’ High Death Rate
• Economist Larry Summers calls the fact that one in 25 dies before the [Full Story]
• Hungarian PM Orban Tweets Support for Trump
• Hungary’s Prime Minister, Viktor Orban, tweeted a message of support [Full Story]
• Group Backed by Joe Lieberman Seeks Third Party for ’24
• Former Connecticut Sen. Joe Lieberman knows how damaging third-party [Full Story]
• Biden ’24 Decision on Hold, Perhaps Until Summer
• President Joe Biden is in no rush to announce a 2024 White House bid. [Full Story]
• Related
• Insider: Biden ‘Too Old’ to Attend King Charles’ Coronation |video
• McCarthy Meeting Taiwan President in LA Wednesday
• House Speaker Rep. Kevin McCarthy, R-Calif., will host Taiwanese [Full Story]
• Gizzi: DeSantis Wows Pennsylvania Conservatives
• In remarks Saturday to a gathering of conservatives in Harrisburg, [Full Story]
• Related
• Trump Indictment Pulls DeSantis Leaners to MAGA Fold
• DeSantis: We’ve ‘Left Democratic Party for Dead’ in Florida |video
• DeSantis: Dems Use Deep State to ‘Ensconce Themselves in Power’ |video
• DeSantis: ‘Florida Will Never Surrender to Woke Mob’
• DeSantis: ‘Soros-Backed DAs’ Are ‘Menace to Society, Rule of Law’ |video
• SCOTUS Rejects La. Man’s Death Row Appeal
• The Supreme Court on Monday declined to hear an appeal from a [Full Story]
• Ukraine Refugees Rush to Aid US Tornado Victims
• After fleeing the war in their own country, several Ukrainians who’ve [Full Story]
• Philippines Reveals 4 New Sites for US Military Pact
• The Philippines identified on Monday four more of its military bases [Full Story]
• Teacher Shot by 6-Year-Old Files $40 Million Lawsuit
• A first-grade Virginia teacher who was shot and seriously wounded by [Full Story]
• FBI: More Possible Mar-a-Lago Docs Obstruction
• Justice Department and FBI investigators reportedly have fresh [Full Story]
• NASA to Announce Astronauts Chosen for Artemis II
• NASA plans on Monday to introduce the four astronauts for its Artemis [Full Story]
• Endeavor, WWE Merger to Create $21B Media Giant
• Endeavor Group Holdings Inc. (EDR), parent of the popular UFC mixed [Full Story]
• NATO Chief Confirms Finland Will Join Tuesday
• Finland will join NATO on Tuesday, a step that will make Finland [Full Story]
• Related
• Finland Turns to the Right as Country Prepares to Enter NATO
• McDonald’s Briefly Closes Offices Ahead of Layoffs
• A report says McDonald’s has closed its U.S. offices for a few days [Full Story]
• CDC Probes Salmonella Outbreak Linked to Flour
• S. health officials are investigating a Salmonella Infantis [Full Story]
• Trump Flying to NYC for Court Surrender; Security Tight
• Trump Flying to NYC for Court Surrender; Security Tight
• Former President Donald Trump is set to fly from Florida to New York [Full Story]
• Trump Insists Manhattan DA Has ‘No Case’ Against Him
• Trump Insists Manhattan DA Has ‘No Case’ Against Him
• Former President Donald Trump, facing arraignment in New York City on [Full Story]
• US to Build $300M Database for Alzheimer’s Research
• The U.S. National Institute on Aging (NIA) is funding a 6-year, up to [Full Story]
• ABC Poll: 55 Percent of Americans Don’t Support Trump Indictment
• A new ABC News poll indicates a majority of Americans are not [Full Story]
• Russian Military Blogger Killed in St. Petersburg Bomb Blast
• Well-known Russian military blogger Vladlen Tatarsky was killed by a [Full Story]
• Y. Times Refuses Twitter Verification
• Twitter owner Elon Musk made fun of The New York Times on Sunday [Full Story]
• Parents Pay up to $750k for Get Kids Into Ivy Leagues
• College consultants are charging up to $750,000 to help parents of children as early as the seventh grade build standout applications, Bloomberg reports. It’s as if the Varsity Blues scandal never happened…. [Full Story]
• Peter Reagan: China Accelerates Global De-Dollarization
• Nigel Green: Oil Price Surge Could Force Fed to Hold Interest Rates Higher for Longer
• US Manufacturing Nears 3-Year Low
• US Construction Spending Slips in February
• More Finance
• Health
• Spring Cleaning? Beware of This Poisonous Combo
• If spring cleaning is on your agenda, do it safely. While bleach and vinegar are two of the most common household cleaners, mixing them will create a potentially deadly super-cleaner that puts your health at serious risk. This cleaning mistake is made by countless people…… [Full Story]
• Lithium in Water Linked to Uptick in Autism Risk
• Survey: Half of Drivers Use Cellphones While Driving
• Regular Use of Laxatives Increases Dementia Risk
• Study: Alcohol Brings No Health Benefits

 

Notice: the graphic below can be expanded to a larger size.

See the instructions below the graphic below or click the image and follow the prompts.

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 below.

‘Stomach Churning Year’ CNN-Wall Street ‘Forget 2022’ Down Year – Major Equities Data Compared to Manufactured Housing Stocks, Manufactured Home Community REITs, Performance for Year by Company

 

====================================

Updated

• • • NOTE 1: The 3rd 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.

 

Sun Communities – ‘Development in Our DNA,’ ESG Stance, Q4 2022 Year End Results Earnings Call & PR – Facts, Insights Beyond PR and Official SUI Statements; plus MHVille REITs, Stocks Update

‘Undervalued’ Cavco Industries Touts Q Result$ ‘Dire Need for Housing’ ‘January Traffic Up’- Rev Up 16%-Sales, Earnings, Mgmt Call Data–Analysis Beyond CVCO Statements; plus MHVille Stocks Update

‘Killing’s as Easy as Breathing’ ‘Bad Guys Know More Games’ Warren Buffett Annual Berkshire Hathaway Letter, Clayton Homes, 21st, VMF-Manufactured Home Loans-Compelling MHVille Expert Views

Nobility Homes, Inc. Sales and Earnings for its Fiscal Year 2022 Report, Result$ Best Inflation – Net After Taxes Up 34%, More Fact$; DeSantis ESG and NOBH; plus MHVille Stocks, Market Updates

‘Manufactured Housing in the News,’ Unpacking UMH CEO Sam Landy Op-Ed’ It’s Time for Bi-Partisanship on Affordable Manufactured Housing Homeownership’ in HousingWire; plus MHMarkets Updates

Manufactured Housing Properties-Results for Three and Nine Months Ending September 30.2022–Exploring ‘Mobile Home Park’ Manufactured Home Community Investing; plus MHVille REITs, Stocks Update

‘Changes Will Benefit Customers,’ Boost Sales-Legacy Homes CEO Duncan Bates – LEGH ‘Delivered 22.5% Return on Equity in 1 Yr’ – Corp Q3 2022 Insights, Analysis; plus MHVille REITs, Stocks Update  

CEO Mark Yost, Skyline Champion Insiders SELL Million$ Value SKY Stock, Home Sales Drop-4th Q 2022 (3QFiscal2023), Official Result$-Facts, Analysis, Info Beyond PR; plus MHVille Stocks Update

Triad Financial Services Q2-2022 FINANCIAL RESULTS, per ECN Capital – Several Bright Spots in Manufactured Home Market Highlighted, Including Communities, Retail, Land-Home, Floor; MHStocks Update

BlackRock Document Exposes Central Banks like Federal Reserve on Recession; Manufactured Home Producer Cavco Industries 2022 Year End Results (CVCOQ3.23) Facts+Analysis; plus MHVille Stocks Update

Manufactured Home Communities (a.k.a. ‘Mobile Home Parks’ – SIC) – Exploring UMH Properties; Fellow Manufactured Housing Institute Member Yes! Communities Suits and Settlements; plus MH Markets Updates

2023 …Berkshire Hathaway is the parent company to Clayton Homes, 21^st 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.

Disclosure. MHProNews holds no positions in the stocks in this report.

· 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.

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.

 

 

 

 

 

 

 

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