The following press release was provided to MHProNews by Senator Laura Murphy (IL State-D). Murphy’s media release promotes two laws that may be coming to a state you or your firm are doing business in. Or, it may become the foundation for other bills that are working their way through Congress, as was reported by MHLivingNews and MHProNews. While the stated aim of these bills is consumer protection, it will create additional layers of regulations that Carol Roth says benefits larger firms while harming smaller ones.
Following IL State Senator Murphy’s release will be additional information and a brief commentary. Those will proceed our market recap and ‘market moving’ headlines for 8.18.2021.
Note: typos and terminology errors in the Murphy press release are in the original.
Murphy laws improve financial transparency, living conditions for residents of mobile home parks
Category: Senator Laura Murphy News
Published: Tuesday, August 17, 2021 09:26 AM
“To know the terms of one’s loan agreement and to have access to clean water—those are essential rights every homeowner should be able to rely on,” Murphy said. “These laws simply bring protections for mobile home owners in line with those afforded to every other Illinoisan.”
A loan for a mobile home located in a mobile home park is different from a mortgage: Mobile homes are assessed and taxed as personal property rather than real estate, interest rates are often much higher than those for typical home loans, and refinancing options are limited. To ensure residents are well informed when purchasing a mobile home, Senate Bill 1779 requires lenders to disclose these differences to prospective mobile home buyers.
Murphy also championed Senate Bill 1780, which calls for the owner of a mobile home park to provide water to residents if the normal water supply has been disrupted for more than three days, unless the disruption is due to circumstances beyond the owner’s control. Murphy was inspired to introduce the legislation after a weeklong water shortage in 2019 at the Blackhawk Estates mobile home park in unincorporated Des Plaines, which left residents unable to shower, do laundry or wash dishes.
“The conditions faced by the residents of Blackhawk Estates aren’t unusual—mobile home owners across the state have been suffering from this kind of exploitation for far too long,” Murphy said. “These new laws will raise the bar.”
Senate Bill 1779 was signed into law Friday, and Senate Bill 1780 was signed at the end of July. Both laws take effect Jan. 1, 2022. ##
##
MHProNews Notes: The history and text of the bills are found at the links below.
- https://www.ilga.gov/legislation/102/HB/10200HB1779ham001.htm
- https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1780&GAID=15&DocTypeID=SB&SessionID=108&GA=101
Additional Information, MHProNews Analysis and Commentary in Brief
When you wonder why such laws are necessary, look no further than the troubling history of several prominent MHI member brands. A few examples are linked below.
###
Next up is our business daily 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 (CNN) – Right (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 – evening of 8.18.2021
- ‘Extremely concerning’
- Taliban spokesman Zabihullah Mujahid (L) attends on Aug. 17, 2021, in Kabul the first press conference held by the Islamic militant group since it seized power in Afghanistan.
- Biden administration tries to prevent $450 million from flowing to Taliban
- The Taliban are sitting on $1 trillion worth of minerals the world desperately needs
- Afghanistan’s currency crumbles to record lows
- Senators call for federal probe into Tesla’s Autopilot claims
- A stock market correction may be right around the corner
- Here’s what the Delta variant means for the economic recovery
- The housing boom could be losing steam
- LIVE UPDATES Fed signals it will start hitting the brakes
- President Xi Jinping turns his fire on China’s rich in push to redistribute wealth
- Tencent profits jump nearly 30% as China continues tech crackdown
- Amazon truck’s move to avoid traffic goes viral
- Nando’s closes 45 restaurants after running short of chicken
- A customer carries a T-Mobile US Inc. shopping bag after leaving a retail store in Torrance, California, U.S., on Monday, Nov. 4, 2013.
- T-Mobile says data breach affects more than 40 million people
- Mastercard is getting rid of its credit cards’ magnetic stripes
- Old Navy won’t keep plus size clothing in a separate section
- FOOD + DRINK
- An employee wearing a protective glove hands an order to a customer at a Wendys Co. restaurant in Richmond, California, U.S., on Wednesday, May 6, 2020.
- How Wendy’s plans to keep you coming back for breakfast
- McDonald’s is adding a sweet new treat for fall
- Boozy Mountain Dew is coming in 3 flavors
- IHOP is adding booze to the menu at some locations
- Domino’s is giving away $50 million of free food to take on DoorDash
- SUCCESS
- How to make the days that you’re in the office really count
- Cash is disappearing. Here’s what that means for tips
- How to handle a pandemic-related gap on your resume
- This is what companies are doing to attract workers
- Here’s how to ask for a more flexible work schedule
Headlines from right-of-center Newsmax – evening of 8.18.2021
- Pence: Exit From Afghanistan Has Been a ‘Reckless Retreat’
- “The Biden administration’s disastrous withdrawal from Afghanistan is a foreign-policy humiliation unlike anything our country has endured since the Iran hostage crisis,” Pence wrote in a blistering op-ed published by The Wall Street Journal. “In recent days, the world has watched panicked civilians cling to U.S. military aircraft in a desperate attempt to escape the chaos unleashed by Mr. Biden’s reckless retreat.” [Full Story]
- Fall of Afghanistan
- Exiled Ghani: I Left Kabul to Prevent Bloodshed, Not Steal Cash
- Obama Freed Taliban Mastermind of Kabul Seizure
- Exiled Ghani Says he Left Kabul to Prevent Bloodshed
- Jalalabad Protests Turn Deadly as Taliban Consolidate Islamist Rule
- UN Starts Moving Some Staff Out of Afghanistan
- US Probing Deaths at Plane Takeoff in Kabul
- Taliban Destroy Statue of Shiite Foe From 1990s Civil War
- Taliban Pledge to Be ‘Different’ as Afghans Flee
- Lawmakers to Probe Biden WH Over ‘Horrifying’ Afghanistan Outcome
- More Fall of Afghanistan
- Newsmax TV
- Reschenthaler: ‘Any Novice’ Can See Afghanistan Mess
- Ernst: Taliban ‘Extremely Emboldened’ by Biden’s Failures
- Dan Bishop: There Needs to Be an Afghanistan Commission
- James Comer: Biden Border Policies ‘Changing America’ |
- Babin: Taliban Got US Black Hawks Because of Poor Planning |
- Perry: US Enemies Laughing at ‘Abject Failure’ in Afghanistan |
- Tenney: Biden’s Address ‘Disappointing’ and Too Late |
- More Newsmax TV
- Newsfront
- Tensions High, Biden Invites Israel’s New PM to Washington
- President Joe Biden has invited Prime Minister Naftali Bennett to Washington next week to discuss Iran as well as Israel’s relationship with the Palestinians, the White House said Wednesday.The long-expected visit with Israel’s new prime minister will take place Aug. 26…… [Full Story]
- Olympian Auctions Medal to Pay for Infant’s Heart Surgery
- Maria Andrejczyk, who won the silver medal for javelin throwing at [Full Story]
- Poll: Hochul Leads Dems in Primary for NY Governor
- New York Lt. Gov. Kathy Hochul is leading among potential Democratic [Full Story]
- Trump: Biden ‘Destroyed Respect,’ Makes ‘ US ‘Less Safe’ Than Ever
- The United States is “less safe” now than ever because President Joe [Full Story]
- Related
- Trump: ‘Antiquated’ Campaign Finance Laws Won’t Allow 2024 Announcement
- Trump: Plans for Booster Shots Sound Like ‘Money-Making Operation’ for Pfizer
- Trump Takes on JP Morgan Chase CEO Dimon: ‘No Patriot’ in China Deals
- Trump Hits Twitter for Blocking Him While ‘Stone-Cold Killers’ Allowed
- Disney World Tweaks Face Mask Policy, Optional for Outdoors
- Walt Disney World is tweaking its face mask policy.Starting Thursday, [Full Story]
- Taliban ‘Mocking’ Biden With Press Blitz
- Politicos are doing a double-take after witnessing the strange public [Full Story] |
- Early Data Shows Rise in Breakthrough Infections Among the Vaccinated
- Preliminary data from seven U.S. states show that the arrival of the [Full Story]
- China Ratchets Up Taiwan Threats After Afghanistan Chaos
- China is using the bungled U.S. exit from Afghanistan to openly warn [Full Story] |
- DOJ: Missouri State Gun Law Is Unconstitutional
- President Joe Biden’s Justice Department is stepping up its fight [Full Story]
- Desperation, Pressure for Aid Increase in Haiti After Quake
- Pressure for a coordinated response to Haiti’s deadly weekend [Full Story]
- FBI Joins Criminal Probe in Colorado Voting Equipment Breach
- The FBI said Wednesday that its agents are joining a criminal [Full Story]
- Biden to Require Vaccines for Nursing Home Staff
- The Biden administration will require that nursing home staff be [Full Story]
- US Moves to Cut Backlog of Asylum Cases at US-Mexico Border
- The Biden administration on Wednesday proposed changing how asylum [Full Story]
- Rasmussen Poll: Voters Prefer Trump’s Immigration Policy Over Biden’s
- Forty-five percent of voters say that former President Donald Trump [Full Story]
- US Health Officials Call for Booster Shots for All, Available September
- S. health officials Wednesday recommended all Americans get [Full Story]
- Former First Lady Rosalynn Carter Celebrates 94th Birthday
- Former first lady Rosalynn Carter is celebrating her 94th birthday. [Full Story]
- Prosecutor: R&B Singer R. Kelly Is a ‘Predator’
- Kelly is a “predator” who demanded absolute fealty from the many [Full Story]
- Supreme Court Appears Ready to Reconsider NYT v Sullivan
- Several justices have indicated that the Supreme Court may reconsider [Full Story]
- CBP Seizes Counterfeit DEA, FBI Badges in Chicago
- S. Customs and Border Protections recently seized multiple [Full Story]
- Cardinal Burke Remains in ‘Serious but Stable’ Condition
- Cardinal Raymond Leo Burke, former archbishop of St. Louis, “remains [Full Story]
- Shootings From Mexico on Border Patrol Agents Increase
- Border Patrol agents in California and Texas have been fired at [Full Story]
- Trump Hits Twitter for Blocking Him While ‘Stone-Cold Killers’ Allowed
- Former President Donald Trump on Wednesday criticized Twitter for [Full Story]
- Zuckerberg: Facebook Removed 18M COVID Misinformation Posts
- Facebook has removed 18 million posts containing COVID-19 [Full Story]
- Pope Appears in Video Promoting Vaccination
- Pope Francis is adding his voice to a campaign to overcome vaccine [Full Story]
- Rare Doctors’ Outcry Highlights Cuba’s COVID Crisis, Growing Dissent
- Several doctors in Cuba have taken to social media to decry shortages [Full Story]
- Chief Editor of Independent Belarus News Agency Missing After Raid: Association
- The chief editor of one of Belarus’ leading independent news [Full Story]
- Wealth Gap Rises With Jackson Hole Coming at the Top
- When U.S. Federal Reserve officials head to their annual mountain [Full Story]
- Kelly Trial for Alleged Sex Abuse Set to Begin
- The R&B superstar R. Kelly goes on trial on Wednesday in Brooklyn on [Full Story]
- Biden Poised to Unleash Boosters Amid First-Shot Shortage Abroad
- President Joe Biden is set to unveil a plan to give more Americans [Full Story]
- Arizona Governor Withholds Cash From Schools Mandating Masks
- Arizona Gov. Doug Ducey on Tuesday upped the pressure on the growing [Full Story]
- Rubio Wants Biden to Block TikTok After Chinese Govt Takes Stake
- Republican Sen. Marco Rubio on Tuesday called on President Joe Biden [Full Story]
- More Newsfront
- Finance
- T-Mobile Probing Claim Hackers Got Data of 100M Subscribers
- T-Mobile is investigating a claim that the personal data of more than 100 million customers has been breached, the company said Sunday. [Full Story]
- UPDATE 9-Oil Skids for Fifth Day on COVID Surge, Worries about More Supply
- Gold up after U.S. Fed Minutes; Dollar Strength Cuts Gains
- Trump Takes on JP Morgan Chase CEO Dimon: ‘No Patriot’ in China Deals
- Stocks Drop, Bonds Waver With Fed Taper in Focus: Markets Wrap
- More Finance
- Health
- Do You Have a Cold, Flu, Allergies…or COVID-19?
- These days we are gripped with fear if we come down with symptoms such as coughing, sneezing, headaches or fever. Should you run out and get tested for COVID-19, or are these simply signs of a summer cold or allergies? Before you panic, take inventory of how you feel…. [Full Story]
- Johnson & Johnson Pause Fueled Vaccine Hesitancy Among Undecideds
- Philips Breathing Machines Recall Affects Millions of Americans
- Only 1 in 10 Kids With ADHD Will Outgrow It
- Vitamin D Might Help Prevent Early-Onset Colon Cancer
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.
-
-
-
-
-
-
-
-
-
-
-
-
- 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.
-
-
-
-
-
-
-
-
-
-
-
Summer 2021…
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 is starting our 12th year of serving the industry as the runaway most-read trade media.
Sample Kudos over the years…
It is now 11+ 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.
