Based upon an informed source, there is word that Legacy Housing (LEGH) will be returning it’s controversial SBA backed Paycheck Protection Program (PPP) loan. The thrust of the message from a well-placed source to MHProNews reads as follows: “Tony, if you want to be first, you’ll have to work this …
Breaking! Legacy Housing Insider Says Announcement Pending on Controversial SBA PPP Loan Read More
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 …
MHVille inside baseball set-up. Readership of articles on MHProNews about purported scandals linked to Manufactured Housing Institute (MHI) member companies are surging in April. Legacy Housing (LEGH) and Clayton Homes (BRK) lead the pack on those ‘read hot’ topics. Others include MHI itself. However, new tips from whistleblowers have been …
The AL Bugle and ObitTree report that Mr. William “Tommy” Colley Jr., 58, of Eclectic, AL passed away April 23, 2020. He was born January 28, 1962. Colley served on the Alabama Manufactured Housing Commission. The industry source that advised MHProNews about the death of Colley said he was that …
A federal employee called MHProNews this afternoon to say in part that things are crazier than he has ever seen it. Having worked for the federal government for decades, the agent said that he has been through government shutdowns, RIFs (Reduction in Force) and more. He then spoke about some …
The Washington, D.C. based Manufactured Housing Association for Regulatory Reform (MHARR) released the following report to MHProNews. Their media release will be followed by an MHProNews analysis and commentary. MHARR Washington, D.C. REPORT AND ANALYSIS IN THIS REPORT: APRIL 22, 2020 MHARR REITERATES CALL TO RETRACT HUD “GUIDANCE” HUD …
Fox Business and several other mainstream media outlets picked up on a presidential tweet on Monday. That tweet praised “The Villages,” which is a mixed-use retirement community that has long featured manufactured homes. On a day when the markets are generally rebounding, a brief look at the Villages should prove …
“…Berkshire now owns 8 ½ companies that, were they stand-alone businesses, would be in the Fortune 500. Only 491 ½ to go… Finance and financial products And if all that wasn’t enough, last but not least is the finance and financial products division of Berkshire. The largest section of this …
Financial Writers Report on Warren Buffett’s COVID19 Market Moves, Plans and What’s Next Read More
There is no doubt that well managed property rental, including the rental of manufactured homes in land-lease communities, can be a profitable business. Sun Communities, ELS and UMH Properties have all documented that point. That noted, it is at times such as this upheaval caused by the Wuhan Virus (a.k.a. …
What did Andy Gedo reveal? In a word, ‘volumes.’ Some articles and statements are so packed with information and insights that they merit at least two careful readings. In the instance of Andy Gedo’s presentation on behalf of MHI, Clayton Homes, Cavco Industries and Skyline-Champion HUD Code home builders …
Before pivoting to the headline, let’s create a quick snapshot. Protests in some 20 states that aim to pressure governors into opening businesses back up reveal the growing frustration by businesses and workers of shuttered or limited operations. Medical research data is emerging that if true suggests that the health …
Military airmen have an expression that is sometimes applied to business, political or journalistic efforts. ‘You don’t catch flak unless you are over the target.’ Andy Gedo’s LinkedIn profile lists him as a “Partner at ManageAmerica.” He has reportedly worked with that firm for over 18 years and his …
“What is truth?” That was the famous question from the Roman governor of conquered Israelite Palestine that he put to Jesus of Nazareth. That question about what is the truth is perhaps more common now than when Pilate asked it. Bias confirmation is a real thing. If someone already holds …
Stating what is obvious for seasoned industry veterans can surprisingly be a revelation to those who otherwise have no experience of a different era or specific events. For example, thousands of contemporary manufactured housing industry workers, investors and professionals have no direct, experiential knowledge of the ‘go-go’ 1990s in manufactured …
There can at time be a perverse and inverse relationship between certain economic news and how the market reacts. Whether one admits any relationship to rising unemployment and rising stock prices, there is for some a correlation. When the U.S. job market was tighter, employees’ wages were rising. When over …
“$22.96. For 2019, the housing wage is $22.96 for a two–bedroom rental, and $18.65 for a one–bedroom. The means someone earning the federal minimum wage would have to work more than three full-time jobs — 127 hours per week — to afford a two–bedroom rental, and 103 hours for a …
Today’s Census Bureau media release on housing data opens with this comment. “Statement Regarding COVID‐19 Impact: Due to recent events surrounding COVID‐19, many governments and businesses are operating on a limited capacity or have ceased operations completely. The Census Bureau has monitored response and data quality and determined estimates in …
Whatever your political leanings may be, the lesson of Judicial Watch could be summed up like this. Sustained pushback can pay real dividends. Much of what follows will mention various Democrats in government, so to make the record clear, MHProNews notes for new readers that this publication has spotlighted …
A university researcher called MHProNews today to discuss the potential for the HUD Code manufactured home industry in the post-COVID19 economy. On another day when stocks broadly declined, some of that academic researcher’s comments will be our spotlight in the featured focus section of our evening report, beyond the left-right …
Preface. To set the table for the headline report, there are those who may not realize that the term used in the headline can means something other than illegal activities. The Google definition for ‘whistleblower’ says “whistleblower – a person who informs on a person or organization engaged in an …
