Captive Finance is back in the spotlight.  We did a previous in-depth report that covered a variety of perspectives on ‘buy here, pay here’ lending, linked here.  This month, the article by manufactured home lending veteran, Josh Ducharme, is getting the attention. Maybe that’s because reportedly hundreds are still using what Josh and others think is risky business?  

Discover Josh’s well laid out thinking, linked here.

One point we want to underscore is the notion of the risk of fines. The CFPB seems to love them, just click the image shown or this link here.

When Josh offers a common sense option, why not take the safe path?

Failing to do so could cost a community operator huge fines – or even their property. MHProNews’

concern has been and will continue to be that those making captive finance loans are taking a serious and AVOIDABLE risk.

We therefore applaud Josh’s public posture.

MH Image and Boosting Home Sales

The image and education issue is once more attracting attention and interest.  Please see Nancy Geer’s interesting article on the topic, linked here.  

Your Masthead scribes’ thoughts on this can be seen be scrolling down though the last three columns. Is there behind the scenes movement on these issues? Will there be something new develop in 2015?

We’ll let you know.

Terrific Tunica!

Speaking of news, we will share an update with you on developments for the Tunica Show, which we should be go to share by this time next week. Please stay tuned.

Oil and MH – Impact?

It seems that our friends at the TMHA have had their eyes on a topic we have too. Namely, what is the impact of the slide of oil on MH? We have two reports on that subject, please see those linked below.

With Oil Prices Still Falling, What’s the outlook and impact on Manufactured Housing? – by Sandra Lane.

Consumers Happier, but Crude Slide bad for oil companies, and impact on Manufactured Housing – by Josie Thompson.

Something else rising…

Our readership has been rising steadily since we first launched, and while there are some seasonal/holiday

peaks and valleys, the overall trend has been one of steady, year over year growth. That said, the increasing readership and overall positive feedback on the revised Daily Business News (DBN) format has been noteworthy.

If you aren’t already one of the thousands who logon daily to check out the DBNs, you are missing out! What you’ll see in the revised DBN stories are more clear indications that manufactured housing, properly promoted, can and should be a big player in the future of American home building.

You’ll also pick up on ideas you could be putting to work in YOUR market to boost YOUR bottom line results.

We can do better than the low levels of sales we are experiencing now! We’ll cover this more in the weeks ahead, and you’ll get amazing insights that can boost your bottom line if you are coming the the Seminars at the 2015 Louisville Show. Just over a month way, come by our booth their and please take advantage of all the free education for industry pros! ##

(Image credits: as shown by clicking on each image)

By L. A. “Tony” Kovach.