Search Results for: Duty to Serve

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‘A Cruelly-Unfulfilled Promise and Mandate’ MHARR’s Mark Weiss, J.D., Rips Duty to Serve (DTS) Subversion-Names, Documents Groups Failing Manufactured Housing Consumers, Professionals; plus MHVille Stocks Update

“A Cruelly-Unfulfilled Promise and Mandate” is how Mark Weiss, J.D., President and CEO of the Manufactured Housing Association for Regulatory Reform (MHARR) has described “The Duty to Serve” manufactured housing. The article is part of their regular “MHARR Issues and Perspectives” Series. Unlike the Manufactured Housing Institute (MHI) which emails …

‘A Cruelly-Unfulfilled Promise and Mandate’ MHARR’s Mark Weiss, J.D., Rips Duty to Serve (DTS) Subversion-Names, Documents Groups Failing Manufactured Housing Consumers, Professionals; plus MHVille Stocks Update Read More

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Mark Weiss, J.D., President and CEO of Manufactured Housing Association for Regulatory Reform (MHARR) Remarks on Duty to Serve to FHFA, Fannie, Freddie, Industry Stakeholders; plus MHStocks Update

“MHARR Targets Fannie and Freddie Chattel Failure in DTS “Listening Session” Comments” proclaimed the headline for the media release provided by the Manufactured Housing Association for Regulatory Reform (MHARR). According to a list provided by Federal Housing Finance Agency (FHFA) Weiss was speaker number 5 in their list that follows. …

Mark Weiss, J.D., President and CEO of Manufactured Housing Association for Regulatory Reform (MHARR) Remarks on Duty to Serve to FHFA, Fannie, Freddie, Industry Stakeholders; plus MHStocks Update Read More

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MHARR Washington Update – Fannie, Freddie, Duty to Serve and Latest Concerns on Manufactured Housing Institute Energy Litigation – Facts and Analysis, plus Sunday Weekly MHVille Headlines Recap

There are routinely unstated items missing from news reports – even from reliable sources. Writers, editors, and organizations decide what to include and what to leave out of a report. Restated, every report is ‘framed’ by parties both seen and unseen. Such decisions on what is included and what is …

MHARR Washington Update – Fannie, Freddie, Duty to Serve and Latest Concerns on Manufactured Housing Institute Energy Litigation – Facts and Analysis, plus Sunday Weekly MHVille Headlines Recap Read More

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Factual, Sharp Remarks Rock FHFA Duty to Serve (DTS) Manufactured Housing Listening Session on July 12, 2022; plus MHStock Updates

It has been said that dead fish ‘go with the flow.’ Several of the comments made by various sources in the Duty to Serve (DTS) Manufactured Housing Listening Session on 7.12.2022 urged in distinctive ways the Federal Housing Finance Agency (FHFA) and the two Government Sponsored Enterprises (GSE) to do …

Factual, Sharp Remarks Rock FHFA Duty to Serve (DTS) Manufactured Housing Listening Session on July 12, 2022; plus MHStock Updates Read More

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True Colors? Stunning Duty to Serve Manufactured Home Lending Decisions Highlighted by Manufactured Housing Association for Regulatory Reform; Manufactured Housing Institute ‘News’ Miss; MHMarkets

Despite the Biden Administration’s FHFA initially rejecting the plans submitted by Fannie Mae and Freddie Mac, the Manufactured Housing Association for Regulatory Reform (MHARR) said in a 4.28.2022 new release that the two Government Sponsored Enterprises (GSEs or “Enterprises”) submitted plans that provided no or only possible miniscule lending support. …

True Colors? Stunning Duty to Serve Manufactured Home Lending Decisions Highlighted by Manufactured Housing Association for Regulatory Reform; Manufactured Housing Institute ‘News’ Miss; MHMarkets Read More

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MHARR, Others Strike on Manufactured Housing Duty to Serve Manufactured Home Lending; plus Manufactured Home Stocks Updates

This afternoon (7.14.2021), there is the latest “listening session” being held by the Federal Housing Finance Agency (FHFA). With that and what follows in mind, it is not bragging if something is said that is true. MHLivingNews has provided the most comprehensive report to date on the approaching Duty to …

MHARR, Others Strike on Manufactured Housing Duty to Serve Manufactured Home Lending; plus Manufactured Home Stocks Updates Read More

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Fred Neil Rips “RHP Properties” “Private Equity Giants” “Gouge” Residents; “Bad Credit? No Problem” – Comments to FHFA on Duty To Serve Manufactured Home Financing as July 17th Deadline Approaches

On July 11, 2021, MHProNews received the following message from Fred Neil, Dover City Councilman, Dover Delaware. His message speaks for itself, but by way of introduction specifically mentions his residency in RHP Properties. Bayshore Home Sales is RHP Properties manufactured home in community sales affiliate. Neil references the upcoming …

Fred Neil Rips “RHP Properties” “Private Equity Giants” “Gouge” Residents; “Bad Credit? No Problem” – Comments to FHFA on Duty To Serve Manufactured Home Financing as July 17th Deadline Approaches Read More

2nd Question on Duty to Serve Q&A with Danny Ghorbani, March 9th, 2020

L.A.”Tony Kovach Publisher, Industry Expert, and Chief Consultant. MHProNews Question 2: DUTY to Serve “In our Q&A of March 9, 2020, you indicated that Fannie Mae and Freddie Mac are using various schemes to cover-up and get away with their ongoing evasion of the Duty to Serve (DTS) mandate established …

2nd Question on Duty to Serve Q&A with Danny Ghorbani, March 9th, 2020 Read More

DUTY to Serve MHProNews Question Q&A with Danny Ghorbani, March 9th, 2020

About Danny Ghorbani What the RV/MH Hall of Fame Says About Danny Ghorbani Danny D. Ghorbani then President and CEO of the Manufactured Housing Association for Regulatory Reform (MHARR) in Washington DC was inducted into the RV/MH (Mobile and Manufactured Home) Hall of Fame in 2004. Ghorbani’s career has spanned over …

DUTY to Serve MHProNews Question Q&A with Danny Ghorbani, March 9th, 2020 Read More

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FHFA Duty To Serve Manufactured Housing Lending Decision At Odds With Biden Housing Policies, HUD Manufactured Home Zoning Study Off Track Before It Starts, plus Manufactured Housing Investing, Stock Updates

In this week’s Washington Update from the Manufactured Housing Association for Regulatory Reform (MHARR), two of their news release topics to MHProNews are presented in full as part of tonight’s market-connected report. The first is MHARR’s spotlight on FHFA’s Duty to Serve (DTS) lending decision. First, note the contrast. The …

FHFA Duty To Serve Manufactured Housing Lending Decision At Odds With Biden Housing Policies, HUD Manufactured Home Zoning Study Off Track Before It Starts, plus Manufactured Housing Investing, Stock Updates Read More

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FHFA Report Exposes “Blatant Deception” Regarding Duty to Serve (DTS) – Manufactured Housing Association for Regulatory Reform Washington Update Rips FHFA’s Congressional Report

The Washington, D.C. based Manufactured Housing Association for Regulatory Reform (MHARR) trade association provided Manufactured Home Professional News (MHProNews) with the following report. Their statement will be followed by additional information, plus an MHProNews analysis and commentary.   FHFA REPORT EXPOSES BLATANT DECEPTION REGARDING DUTY TO SERVE A report recently …

FHFA Report Exposes “Blatant Deception” Regarding Duty to Serve (DTS) – Manufactured Housing Association for Regulatory Reform Washington Update Rips FHFA’s Congressional Report Read More

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Manufactured Housing Association for Regulatory Reform Says Persistence Pays Off – FHFA Admits Reality: Fannie Mae, Freddie Mac Not Serving Manufactured Housing Under Duty to Serve

In a media release to the manufactured housing industry’s largest trade media, MHProNews, the Manufactured Housing Association for Regulatory Reform provided the following report. That will be followed by additional information, related analysis, and commentary.   MHARR PERSISTENCE PAYS OFF – FHFA ADMITS REALITY: FANNIE AND FREDDIE NOT SERVING MH UNDER DTS  …

Manufactured Housing Association for Regulatory Reform Says Persistence Pays Off – FHFA Admits Reality: Fannie Mae, Freddie Mac Not Serving Manufactured Housing Under Duty to Serve Read More

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Harmful Consumer, Industry Impacts – FHFA Comments by Mark Weiss, CEO of Manufactured Housing Association for Regulatory Reform – D.C. based Producers Trade Group on Fannie Mae, Freddie Mac, Duty to Serve Plan Modifications

  To tee up the context for the headline topic, an email from the Federal Housing Finance Agency (FHFA), which is the regulator for the Government Sponsored Enterprises (GSEs of Enterprises) of Fannie Mae and Freddie Mac, had the following notice. “FHFA is seeking public input on the Enterprises’ proposed …

Harmful Consumer, Industry Impacts – FHFA Comments by Mark Weiss, CEO of Manufactured Housing Association for Regulatory Reform – D.C. based Producers Trade Group on Fannie Mae, Freddie Mac, Duty to Serve Plan Modifications Read More

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“Witch’s Brew” of Predatory Practices – Longtime MHI Member/Attorney Marty Lavin Rips Manufactured Housing Institute, Exposes Duty to Serve Financing Stonewall

“Regarding the DTS [Duty to Serve]” topic, “What does OleMartyBoy always say, “Don’t pay attention to what they are saying, watch what they are doing,”” said an on-the-record statement from a longtime member and Manufactured Housing Institute (MHI) award-winner Marty Lavin, J.D. in new exclusive comments to MHProNews. The comments …

“Witch’s Brew” of Predatory Practices – Longtime MHI Member/Attorney Marty Lavin Rips Manufactured Housing Institute, Exposes Duty to Serve Financing Stonewall Read More

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Exposé – Manufactured Housing Institute CEO Lesli Gooch, FHFA, GSEs, MHEC, MHARR, and MHI Award Winner Marty Lavin on Duty To Serve Manufactured Home Loan Controversies

More financing that is competitive has long been sought by manufactured housing. Is it attainable or an illusion? To set the table for one of the hottest topics in manufactured housing, namely, getting more affordable lending and finance and the role that Lesli Gooch or others play in that realm, …

Exposé – Manufactured Housing Institute CEO Lesli Gooch, FHFA, GSEs, MHEC, MHARR, and MHI Award Winner Marty Lavin on Duty To Serve Manufactured Home Loan Controversies Read More

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FHFA “Director [Mark] Calabria Must Initiate An Internal Investigation” – Danny Ghorbani Rips & Reveals Duty to Serve Problems, Solutions

As tens of thousands of industry professionals and investors know, among the hottest topics in manufactured housing is routinely the topic of financing. In this third Q&A with Danny Ghorbani, who worked for years for the Manufactured Housing Institute (MHI) before leaving and launching what today is known as the …

FHFA “Director [Mark] Calabria Must Initiate An Internal Investigation” – Danny Ghorbani Rips & Reveals Duty to Serve Problems, Solutions Read More

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Epic! Creating 200,000 New MH Homesites in 4 Years; Allegations of Corruption by Fannie, Freddie, Others in Duty to Serve Manufactured Housing Law

  The word “historic” or “epic” can often mean “inspiring” in specific contexts. The historically tough resolve of those who died defending a monastery against Mexican invaders became the battle cry “Remember the Alamo” that led to Sam Houston’s upset victory against Santa Anna’s force that had double the numbers …

Epic! Creating 200,000 New MH Homesites in 4 Years; Allegations of Corruption by Fannie, Freddie, Others in Duty to Serve Manufactured Housing Law Read More

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Revealing-FHFA Meeting on Duty to Serve Lending Called Manufactured Housing Institute, Manufactured Housing Association for Regulatory Reform, Others – Report, Analysis

This report will include several elements. In no particular order of importance, those elements will be in the following sequence. MHI’s 2.5.2020 bullet headlines that reveal the topics they covered in their latest ‘news and updates’ to members and others. MHARR’s report also sent on 2.5.2020 on issues that included …

Revealing-FHFA Meeting on Duty to Serve Lending Called Manufactured Housing Institute, Manufactured Housing Association for Regulatory Reform, Others – Report, Analysis Read More

SECCavcoIndustriesSecurities and Exchange Commission (SEC) law and regulations are a specialized arena of legal practice. A simple Google search demonstrates that point. The SEC is tasked with regulating publicly traded companies. It was the SEC that issued a subpoena to former Cavco Industries (CVCO) Chairman and CEO Joe Stegmayer and his firm in 2018. When that was made public by the firm’s announcement just over a year ago, CVCO stock fell sharply. A series of plaintiffs’ shareholders legal inquiries followed. Cvco legal Public statements by Cavco make it clear that they’ve spent millions in insurance and other legal defensive strategies. The firm’s stock, in fits and starts, has slowly climbed back. graphic At the recent Washington, D.C. listening session, Mark Weiss, J.D., President and CEO of the Manufactured Housing Association for Regulatory Reform (MHARR) cited Cavco’s own public statements about Duty to Serve manufactured housing by the FHFA regulated Enterprises of Fannie Mae and Freddie Mac as a reason why the industry is underperforming. MHARR David Dworkin made a statement in his comments letter about DTS and manufactured housing. Given his prior role with Fannie Mae, Dworkin said that Fannie had the resources to do what was necessary to fully implement the 2008 law. That stood in stark contrast to what the Manufactured Housing Institute (MHI) Executive Vice President (EVP) and CEO-elect Lesli Gooch’s comments letter on the same topic stated. https://www.manufacturedhomepronews.com/david-dworkin-national-housing-conference-compared-and-contrasted-with-lesli-gooch-manufactured-housing-institute-on-fannie-mae-freddie-mac-proposed-modifications-to-fhfa-on-duty-to-serve-finance/ It must not be forgotten that Cavco’s ability to grow their market share was accomplished in good measure by the support from Third Avenue Value Fund (TAVX?). They cut all of their stock holding in Cavco not long before the official word of the SEC subpoena was made public. Coincidence? https://www.manufacturedhomepronews.com/new-investigation-insider-trades-hedge-fund-dumps-cavco-industries-cvco/ Besides essentially ignoring the allegations of antitrust and other legal issues involving 21st Mortgage Corporation and Clayton Homes, MHI stands credibly accuses of several problematic practices that arguably harm manufactured housing’s performance in the marketplace. However, they posture for their members the opposite, using photo ops, videos, rewarded surrogates, their own messages and other ‘evidence’ of their self-proclaimed clout. https://www.manufacturedhomepronews.com/saturday-satire-and-executive-summaries-for-manufactured-housing-professionals-investors-advocates-researchers-public-officials-and-investigators/ But a close examination of statements by EVP and CEO-elect Lesli Gooch and others at MHI routinely reveals a pattern of purported paltering. That’s a mix of accurate, misleading and/or false information designed to fool those who may not be paying close attention. https://www.manufacturedhomepronews.com/investor-alert-manufactured-housing-institute-paltering-concerns-fannie-maes-duty-to-serve-plus-manufactured-housing-investing-stocks-updates/ Tim Williams, former chairman of MHI, still a board member, and president and CEO of the Berkshire Hathaway owned 21st Mortgage Corporation has a lengthy history of statements and actions that when added up amount to an arguable effort on their part to divert Duty to Serve away from mainstream manufactured housing. https://www.manufacturedhomepronews.com/newsletter/2019/11/18/mh-finance-war-surprising-tim-williams-21st-statements-realtors-mh-praise-bellwether-fun-insightful-satire-with-mhis-lesli-gooch-tax-tip/ MHI – Nonprofit Carrying Out Who’s Wishes? MHI’s messages and website state that they represent all segments of manufactured and factory built housing. But even a casual attention to what was said by numerous speakers at the 12.2.2019 FHFA listening session revealed numerous voices that would strongly object to that claim. https://www.manufacturedhomepronews.com/i-was-moved-literally-crying-duty-to-serve-manufactured-housing-underserved-markets-dc-meeting-plus-manufactured-home-investing-stock-updates/ Among the problematic practices in Arlington, VA based MHI are purported tacit tolerance of business practices that spark negative media, public officials and other backlash. They also demonstrably fail to push for the full enforcement of those portions good laws that might benefit manufactured housing, a claim when asked to respond to they routinely decline commenting on. DTS - with statements of not only Weiss’ comments or Dworkin’s - but numerous others at the FHFA listening session on December 2, 2019 illustrates the gaping disconnect between MHI’s claims to represent all aspects of manufactured and factory built housing while doing more photo and video opportunities that posture efforts while producing no measurable results. https://www.manufacturedhomepronews.com/study-in-contrasts-lesli-gooch-v-mark-weiss-manufactured-housing-duty-to-serve-presentations-spotlight-lack-of-proper-lending/ Tony State association executives that once used to periodically raise concerns about MHI’s lack of effort have either left the association for their failure to perform, or have effectively been silenced through tactics described in the in the report linked from the text image box below. JD Neal https://www.manufacturedhomepronews.com/pendleton-harper-bowersox-manufactured-housing-associations-carrots-sticks-report-plus-sunday-weekly-industry-headlines-review-11-24-to-12-1-2019/ Tim Williams’ own stated logic stands starkly unfulfilled, as does the advice of the late Howard Walker, J.D., then with Equity LifeStyle Properties. Tim Howard It should be noted that some of the very people who now seek to divert attention away from our reports previously praised them. Tim Howard Apparently, once we uncovered - through insider tips, documents and other evidence – the realities vs. the posturing, MHProNews and our sister site became persona non grata? Clayton The de facto beneficiary of the status quo on DTS and a lack of reforms at FHA, is 21st Mortgage Corporation and Vanderbilt Mortgage and Finance (VMF) both sister companies wholly owned by the Berkshire Hathaway conglomerate, which also owns Clayton Homes. The FHA’s top man is Brian Montgomery, who is backed by MHI for a Trump Administration nomination to be HUD’s next Deputy Secretary of Housing and Urban Development. Wiki have told MHProNews that since Montgomery return to HUD, Trump Administration agenda reforms at HUD have slowed dramatically. Is it a coincidence that MHI claims a cozy relationship with Montgomery and reforms are slowing? Carol Fox Lavin Sources in and out of HUD have told MHProNews that while Secretary Carson may or may not be informed about the nuances of the Manufactured Housing Improvement Act of 2000, specifically the enhanced preemption issue, by contrast Montgomery knows the law well. If so, that logically means that Montgomery is part of the internal roadblocks at HUD that keep the law from being properly enforced. The importance of the law is not disputed by MHI or MHARR, both of whom agree on paper that the law needs to be fully enforced. However, MHI – which clearly has greater access and is focused on post-production, not just production related issues as MHARR is, seems to be making more of a show of supporting enhanced preemption than actually pushing for it effectively. Who benefits from that behavior? Who is harmed? The beneficiaries short term would be larger producers and consolidators. Smaller companies have a demonstrably more difficult time fighting regulatory hurdles, and NAM and others have documented. NAM Long As to who is harmed, the answers are millions. Those who are among the 111 million in many ways ‘trapped’ in rental housing who could afford to own would be among them. But so too are those who already own manufactured homes, who due to a lack of enforcement of useful portions of laws like DTS and enhanced preemption find themselves with fewer placement, lending or other options. There is a case to be made for a serious need for several federal and/or state and other legal investigations by public officials into Clayton, 21st, VMF, Cavco, MHI and possibly Skyline Champion (SKY) among other MHI members for potentially illegal practices. Bob MHARR and some resident leaders are pushing for public hearings need to be held to apprise the public of problematic practices tied to these organizations. MHARR Warren Buffett and Charlie Munger should arguably be among those asked to testify under oath, as should Kevin Clayton, Tim Williams, Nathan Smith, Richard ‘Dick’ Jennison, Jason Boehlert, Lesli Gooch, Mark Bowersox, Brian Montgomery, Pam Danner, Teresa Payne, Tom Heinemann and Rick Robinson, among others. Among those others should be William ‘Bill’ Matchneer, and certain officials from MHARR - who are uniquely positioned to shed light on various circumstances and insights into industry practices as it pertains to enhanced preemption, DTS, the 10/10 rule at FHA, and more. There are clearly good reasons why lawmakers, media, and federal officials from a variety of agencies are investigating Berkshire brands and others with clear ties to MHI. https://www.manufacturedhomelivingnews.com/five-point-plan-for-affordable-housing-and-manufactured-home-living-recovery/ Tens of millions of real people are plainly being harmed by the status quo. Who says? Among others, that is a basic premise of the White House Council on Eliminating Regulatory Barriers to Affordable Housing chaired by HUD Secretary Carson. When they say that regulatory barriers - including zoning and rent control - are root issues, then the various forms of market manipulation fostered by the Omaha-Knoxville-Arlington axis and their ‘big boy’ allies must be scrutinized to discern their role in these issues. With affordable housing being a key issue, and with the lack of proper implementation of good existing laws being a contributing factor to the status quo, this is an issue fraught with risks for many in and beyond Washington, D.C. Takeaways? Given decades of useful third-party research that routinely praised manufactured homes, it is difficult to imagine how manufactured housing can be performing so poorly, absent incompetence or some scheme designed to consolidate the industry during an affordable housing crisis. The people at MHI are routinely well educated. That mitigates against an argument for incompetence. https://www.manufacturedhomepronews.com/affordable-manufactured-housings-puzzling-contemporary-condition-revealed-by-quotable-quotes-from-residents-professionals-expert-researchers-advocates-public-officials-graphics-and-repo/ As those researchers noted in the report linked above, herein and others below the byline have detailed, manufactured homes is a much-needed product that performs in a uniquely beneficial fashion for those seeking affordable housing. Secretary Carson has argued as much on several occasions. Carson That said, Dr. Carson’s role at the agency he leads has the authority to have HUD’s general counsel intervene in cases of problematic zoning and placement issues and/or to ask the Department of Justice to take on such cases. https://www.manufacturedhomepronews.com/bombshells-former-hud-manufactured-housing-program-administrator-bill-matchneer-cavcos-manuel-santana-statements/ There is much known, as the linked report and this outline makes plain. But there are also details that can only be discovered and unpacked by those who have subpoena powers. The SEC, HUD, FTC, DOJ along with other possible federal and state agencies need to investigate. Investors where already harmed once at Cavco, are other such harms looming? The logical answer is yes, so long as the status quo continues. Media like this platform reports and to some degree can advocate. But it is public officials who are tasked with the job of making sure laws are enforced. DutyToServeLendingInvestingClaimedManufacturedHousingInstituteCorruptPracticesFactsAnalysisMHProNews

SEC, Cavco Industries, Duty to Serve Lending, Investing and Claimed Manufactured Housing Institute Corrupt Practices – Facts & Analysis

Securities and Exchange Commission (SEC) law and regulations are a specialized arena of legal practice. A simple Google search demonstrates that point. The SEC is tasked with regulating publicly traded companies. It was the SEC that issued a subpoena to former Cavco Industries (CVCO) Chairman and CEO Joe Stegmayer and …

SEC, Cavco Industries, Duty to Serve Lending, Investing and Claimed Manufactured Housing Institute Corrupt Practices – Facts & Analysis Read More

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Study in Contrasts-Lesli Gooch v Mark Weiss, Manufactured Housing Duty to Serve Presentations Spotlight Lack of Proper Lending

Accuracy is – or should be – a hallmark of journalism, including trade journalism. Actionable insights ought to be part of the mix as well for those writers who want to see the most proven form of affordable housing in America flourish instead of struggle after years of seemingly intractable …

Study in Contrasts-Lesli Gooch v Mark Weiss, Manufactured Housing Duty to Serve Presentations Spotlight Lack of Proper Lending Read More

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