Search Results for: Tom Heinemann

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Manufactured Home Lending Mystery Spotlight – Tom Heinemann, Heinemann Consulting, Formerly with HUD, and MHI Vice President

A list of manufactured home industry attendees at the recent Fannie Mae Duty to Serve (DTS) meeting in Washington, D.C. included the name of Tom Heinemann. As regular MHProNews readers know, Heinemann and Lois Starkey both quietly left the Manufactured Housing Institute (MHI). ‘Quietly,’ that is, in terms of MHI’s …

Manufactured Home Lending Mystery Spotlight – Tom Heinemann, Heinemann Consulting, Formerly with HUD, and MHI Vice President Read More

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Professional Manufactured Home Industry Outsiders Remarks and Insider Rants on Good Umbrella Trade Qualities Reveal Woes at Manufactured Housing Institute for Organic Growth-Minded MHVille Leaders-FEA

Remarks from legal professional and zoning expert Daniel R. Mandelker, J.D., help frame the more detail insights that follow from Harry J. Abramson. MHProNews and MHLivingNews previously reported remarks by pro-manufactured housing zoning law expert and land use professor Mandelker who said: ‘Statutes Should Prohibit Restrictive Zoning Standards for Manufactured Homes’ …

Professional Manufactured Home Industry Outsiders Remarks and Insider Rants on Good Umbrella Trade Qualities Reveal Woes at Manufactured Housing Institute for Organic Growth-Minded MHVille Leaders-FEA Read More

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Frank Rolfe Arguably Both Right and Wrong: Fact Check=Real World Test of Rolfe Claim that Mobile Homes Harm Conventional Housing Values plus Rolfe ‘Blaming’ Manufactured Housing Institute-FEA

If something is worth saying it is worth saying multiple times. MHProNews previously reported what ought to be a rallying cry for independent HUD Code manufactured home producers when Frank Rolfe said: “in fact, most of the mobile home [sic] sales in the U.S. are from park owners who will …

Frank Rolfe Arguably Both Right and Wrong: Fact Check=Real World Test of Rolfe Claim that Mobile Homes Harm Conventional Housing Values plus Rolfe ‘Blaming’ Manufactured Housing Institute-FEA Read More

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Ranking All 50 States for Housing Affordability Based on U.S. Census Bureau Data; GovTrack Confirmations; Joel Kotkin–Biz Continued to Consolidate, plus Sunday Weekly MHVille Headlines in Review

“A combination of limited land, home building regulations, international and out-of-state demand, and its remote location makes Hawaii the most expensive state to buy a home in. It is the only state with a house price-to-income ratio above 10 and the only state with a median home price higher than …

Ranking All 50 States for Housing Affordability Based on U.S. Census Bureau Data; GovTrack Confirmations; Joel Kotkin–Biz Continued to Consolidate, plus Sunday Weekly MHVille Headlines in Review Read More

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Troy Green: Sherry Chris Joins National Association of REALTORS® as Independent Consultant and Special Advisor to CEO Nykia Wright; MHVille Comps between NAR-MHARR-Manufactured Housing Institute

‘Sherry Chris Joins National Association of REALTORS® as Independent Consultant and Special Advisor to CEO Nykia Wright.’ In case you missed it (ICYMI), it is now a new year. How will 2025 differ from 2024? Time will tell, but here in MHVille – the diminished version of the once far …

Troy Green: Sherry Chris Joins National Association of REALTORS® as Independent Consultant and Special Advisor to CEO Nykia Wright; MHVille Comps between NAR-MHARR-Manufactured Housing Institute Read More

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Champion Homes Shakeup: Mark Yost Out-Tim Larson Appointed President-CEO; Sarah Janowicz; Kevin Doherty; Has Champion Failed to Meet Fiduciary Duties on Material Issues re: Preemption-CrossMods?

The federal preemption and CrossMods related parts of the headline with respect to Champion Homes are addressed in Part II. But first up is the switch in leadership at Champion (SKY) from Mark Yost to Timothy Larson. According to WallMine on April 2, 2024 — “Mark Yost is 47, he’s been …

Champion Homes Shakeup: Mark Yost Out-Tim Larson Appointed President-CEO; Sarah Janowicz; Kevin Doherty; Has Champion Failed to Meet Fiduciary Duties on Material Issues re: Preemption-CrossMods? Read More

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MHARR News Update-Major and Continuing MHARR Accomplishments for the HUD Code Manufactured Housing Industry and Consumers of Affordable Housing with MHVille Facts-Evidence-Analysis (FEA)

The Manufactured Housing Association for Regulatory Reform (MHARR) has issued a significant update to their “Major and Continuing MHARR Accomplishments for the HUD Code Manufactured Housing Industry and Consumers of Affordable Housing” website page. That update is found in Part I of this article. Part II of this article includes …

MHARR News Update-Major and Continuing MHARR Accomplishments for the HUD Code Manufactured Housing Industry and Consumers of Affordable Housing with MHVille Facts-Evidence-Analysis (FEA) Read More

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Fast Company 2024 Report Highlights Manufactured Homes as Affordable Housing Solution ‘Hidden in Plain Sight’–Pew’s Rachel Siegel- ‘MH Stigma Perpetuated’ Insights-Analysis; plus MHVille Markets

“Rachel Siegel, who works on housing policy at the Pew Charitable Trusts,” said: “People think about the old dilapidated mobile home of yore, and as a result, manufactured housing has been zoned out. It’s relegated to the outskirts—parks and communities that are sometimes in flood zones or undesirable parts of …

Fast Company 2024 Report Highlights Manufactured Homes as Affordable Housing Solution ‘Hidden in Plain Sight’–Pew’s Rachel Siegel- ‘MH Stigma Perpetuated’ Insights-Analysis; plus MHVille Markets Read More

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Manufactured Housing Industry State Association List, Per Manufactured Housing Institute – What’s Missing? Plus, MHVille Market Updates

The initial manufactured housing state association list below is per the Manufactured Housing Institute (MHI) (manufacturedhousing.org, mfghome.org). It will be followed by state associations that MHI failed to list. These are presented in the context of the quiet- to stormy-debate over the need for a new national trade association. That …

Manufactured Housing Industry State Association List, Per Manufactured Housing Institute – What’s Missing? Plus, MHVille Market Updates Read More

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NAMHCO Update; Manufactured Housing Independents Given Free New Tools, Level Playing Field with Clayton Homes, Skyline Champion, Cavco Industries, or Large Manufactured Housing Institute Communities

For several years, the so-called “big boys” that Manufactured Housing Institute (MHI) award winner Marty Lavin, JD, said worked only for their own interests had only the Manufactured Housing Association for Regulatory Reform (MHARR) as regularly and directly engaged association or nonprofit as an ally.     While MHARR has …

NAMHCO Update; Manufactured Housing Independents Given Free New Tools, Level Playing Field with Clayton Homes, Skyline Champion, Cavco Industries, or Large Manufactured Housing Institute Communities 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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Cavco, Sun, ELS Public Statements Point to Problems for MHI, Fannie, Freddie – Public Officials, Investor, Advocates, Professionals Alerts

  Executive Summary. The Duty to Serve manufactured housing has been twisted into a pretzel in order to give an appearance to the casual observer of the Housing and Economic Recovery Act of 2008 being followed. But as a careful review of what follows will reflect, voices across the left-right …

Cavco, Sun, ELS Public Statements Point to Problems for MHI, Fannie, Freddie – Public Officials, Investor, Advocates, Professionals Alerts Read More

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Senate Testimony on Manufactured Housing, Related Letters, and Statements

What follows is a lightly edited version for publication of a message sent today to Senator Tina Smith (MN-D). A similar message was also sent to Senator Tim Scott (SC-R).   Senator Tina Smith, Let me start by saying we are the Manufactured Housing Industry’s largest and most read trade …

Senate Testimony on Manufactured Housing, Related Letters, and Statements Read More

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Results Are In! The Next President and CEO of the Manufactured Housing Institute Is…

  The news tip came in yesterday, mere minutes after the Manufactured Housing Institute (MHI) sent out their email to their members and readers about their latest ‘housing alert.’ The tip read as follows: “Same sh-t, different day.  They keep going down, rather than up.”   It was mere days …

Results Are In! The Next President and CEO of the Manufactured Housing Institute Is… Read More

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Paul Barretto, Sr. Manager Fannie Mae, Manufactured Housing Initiatives, FHFA Lobbying Regulations, Duty to Serve, and Manufactured Housing Institute

Per LinkedIn, Paul Barretto was “Senior Manager – Product Management and Development, Single Family Mortgage Strategic Initiatives” at Fannie Mae from Aug 2001 – Mar 2018.” Barretto is now involved in something called the “Manufactured Housing Initiatives.” The operation has a website started in 2018 that is still incomplete. “Manufactured …

Paul Barretto, Sr. Manager Fannie Mae, Manufactured Housing Initiatives, FHFA Lobbying Regulations, Duty to Serve, and Manufactured Housing Institute Read More

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What’s Next For Emerging Pro-Growth Manufactured Home Trade Group?

The headline asks the estimated $64 billion a year question. Because the industry could easily be doing 8 to 10 times more new home sales volume than it currently is.   At a factor of 8, using 2018 averages, that would be $64 billion dollars. As you read this, keep …

What’s Next For Emerging Pro-Growth Manufactured Home Trade Group? Read More

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Mobile Home Replacement Bill, Manufactured Home Communities, Disparate Impact Regulations – NAMHCO Touts Seller Finance Bill, More

The message to members and media release from the National Association of Manufactured Housing Community Owners (NAMHCO) that follows further below can be seen as useful, raises several cautions to discerning minds, and highlights problematic issues that face the manufactured housing industry.  It is worthwhile for all manufactured housing industry …

Mobile Home Replacement Bill, Manufactured Home Communities, Disparate Impact Regulations – NAMHCO Touts Seller Finance Bill, More Read More

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Community Leader Calls for Rejection of Bill Backed by Manufactured Housing Institute, NAMHCO, Prosperity Now

  There are some things that ought to immediately raise a cautionary flag when they occur, a point that will be made further below in our analysis of what follows first.   A courtesy message that was forwarded will be shown and is being republished with the expressed written permission …

Community Leader Calls for Rejection of Bill Backed by Manufactured Housing Institute, NAMHCO, Prosperity Now Read More

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New NAMHCO Association Challenges Manufactured Housing Institute on DTS, Financing, and More

  The new National Association of Manufactured Housing Community Owners (NAMHCO) has launched another proverbial shot across the bow of the establishment Manufactured Housing Institute (MHI), that they broke away from last year.   While it is too soon to see what the effectiveness of this new trade group will …

New NAMHCO Association Challenges Manufactured Housing Institute on DTS, Financing, and More Read More

New Era in National U.S. Manufactured Home Community Representation Underway?

  Despite what some might have (mis)understood about what our publisher wrote recently that included a mention or two of George F. (F?) Allen, the Daily Business News on MHProNews will continue to take a wheat and chaff approach with everyone in our industry, and those outside of MHVille as well. …

New Era in National U.S. Manufactured Home Community Representation Underway? Read More

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