Author name: MHProNews

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Why Richard “Dick” Jennison and Lesli Gooch at MHI Should Resign or Go

by L. A. “Tony” Kovach   For some years, this scribe and others have tried to correct the kinds of issues that will be cited in this column in an off-the-radar fashion. Those efforts have candidly not been successful. Having tried the behind the scenes approaches, we are again taking […]

Why Richard “Dick” Jennison and Lesli Gooch at MHI Should Resign or Go Read More

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Why has MHI Issued a News Release on DOE Proposals Prior to the Rule Being Published? Q&A with M. Mark Weiss of MHARR

by L. A. “Tony” Kovach As regular readers of MHProNews know, MHARR’s new president took the reigns there almost 1½ years ago. When MHI sent us a news release on not yet published DOE standards, it immediately raised some questions for me. So we contacted M. Mark Weiss, the Manufactured

Why has MHI Issued a News Release on DOE Proposals Prior to the Rule Being Published? Q&A with M. Mark Weiss of MHARR Read More

Controversial Media Reports – The Guardian & KVUE – On-The-Record Interview with Frank Rolfe of Mobile Home University, MobileHomeParkStore, RV Horizons

by L. A. ‘Tony’ Kovach One of the most controversial figures in the MHC world today is Frank Rolfe. Frank has staunch supporters and adamant detractors among the ranks of MH Professionals. When the latest Frank Rolfe related article and video reports came out, MHProNews was contacted by a variety of industry

Controversial Media Reports – The Guardian & KVUE – On-The-Record Interview with Frank Rolfe of Mobile Home University, MobileHomeParkStore, RV Horizons Read More

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Andy Gedo, Partner at ManageAmerica, Raises Clayton Homes Monopolistic Practices Debate; Manufactured Housing Institute Related Issues

Andy Gedo’s LinkedIn profile says he is a “Partner at ManageAmerica.” They are on online property management platform, that cites manufactured housing as one of their specialties. They are active at Manufactured Housing Institute (MHI) events, and per sources, an MHI member. To set the stage for the discussion that

Andy Gedo, Partner at ManageAmerica, Raises Clayton Homes Monopolistic Practices Debate; Manufactured Housing Institute Related Issues Read More

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Facebook CEO Sheryl Sandberg Discusses Antitrust Breaking Up, What Kevin Clayton, Joe Stegmayer, MHI Can Learn, plus Manufactured Home Market Updates

Brookfield, Blackstone, ELS, and Sun Communities are all near the peak value of their stocks for the last year.  It’s an interesting backdrop to a day when the major markets and many other manufactured home industry connected stocks have fallen. That noted, our focus tonight is Facebook CEO Sheryl Sandberg’s

Facebook CEO Sheryl Sandberg Discusses Antitrust Breaking Up, What Kevin Clayton, Joe Stegmayer, MHI Can Learn, plus Manufactured Home Market Updates Read More

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Inside Scoop on the Manufactured Housing Industry in Memes

Some readers have asked the Daily Business News for MHProNews for an executive summary of why manufactured housing is underperforming compared to its historic norms. It has been a while since we’ve done cartoons or memes.  While these are meant to be a bit on the lighter side, the issues

Inside Scoop on the Manufactured Housing Industry in Memes Read More

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MIT Answers – What’s the Minimum Needed by Family of Four for Housing, Food in Each State in U.S.?

MIT is the famous and widely respected Massachusetts Institute of Technology.  They recently provided an update to what they call their “living wage calculator.” The data shown is from CNBC based upon their use of MIT’s methodology. For those who look and say, ‘that’s too low,’ keep the following in

MIT Answers – What’s the Minimum Needed by Family of Four for Housing, Food in Each State in U.S.? Read More

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Earning a Six Figure American Dream, on 10 Hours Weekly – plus Manufactured Housing Stock Updates

Let’s file tonight’s feature under ‘just for fun’ with a purpose.  Tonight’s short video provides tiny sense of why the American Dream is still attainable. On a good day for the markets, keep in mind that this isn’t something you could do in a truly socialist country. If you’re new,

Earning a Six Figure American Dream, on 10 Hours Weekly – plus Manufactured Housing Stock Updates Read More

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Census, HUD Official Residential Construction Report for April 2019, Dare to Compare to Manufactured Housing Data

Our publisher was laughing this morning after he read an email. When asked what the joke was, he replied by showing a pro-Manufactured Housing Institute trade media outlet that was announcing their ‘State of the Industry’ upcoming report. “The state of the industry can be summed up by statistics,” said

Census, HUD Official Residential Construction Report for April 2019, Dare to Compare to Manufactured Housing Data Read More

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Dr. Mark Calabria, FHFA Director Interview, Front Lines of GSE Reform, Manufactured Housing Impacts Ahead

“Mark Anthony Calabria is the Director of the Federal Housing Finance Agency (FHFA). He was formerly the chief economist for Vice President Mike Pence,” per Wikipedia. A release by the FHFA on April 15, 2019 said in part that: “Dr. Mark Calabria Sworn In as Director of the Federal Housing Finance Agency.”  Roll

Dr. Mark Calabria, FHFA Director Interview, Front Lines of GSE Reform, Manufactured Housing Impacts Ahead Read More

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Amazon-Berkshire Announcement – Emerging Factory-Building Elephant in the Room?

There was no mention this evening of factory-home building when CNBC or some other mainstream business media reported that Berkshire Hathaway has taken a position valued at some $904 million dollars as of the close of the market on 5.15.2019.  But then most others aren’t as keen on factory-built housing,

Amazon-Berkshire Announcement – Emerging Factory-Building Elephant in the Room? Read More

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Iranian Oil Sanctions Depressed Production, Raised Tensions, Prices – plus Manufactured Housing Stock Updates

It’s another day of broadly improving stock prices, clawing back some of the drop earlier in the week tat were driven in part over the U.S. China trade impasse.  So we look tonight at a geo-political hotspot.  With the U.S. sending a carrier back toward the Persian Gulf, B52s repositioned,

Iranian Oil Sanctions Depressed Production, Raised Tensions, Prices – plus Manufactured Housing Stock Updates Read More

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‘Minorities Aren’t Being Well Served in Housing Finance’ Today, per Mozilo – Former Exec Near Eye of the 2008 Housing/Mortgage Storm

“Angelo R. Mozilo is the former chairman of the board and chief executive officer of Countrywide Financial until July 1, 2008,” according to Wikipedia. Put differently, Mozilo was near the eye of storm during the Housing and mortgage crisis that sent the economy and markets into a tailspin, causing the

‘Minorities Aren’t Being Well Served in Housing Finance’ Today, per Mozilo – Former Exec Near Eye of the 2008 Housing/Mortgage Storm Read More

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Antitrust Heats Up With Supreme Court Ruling, Monopolization Legal Experts Weigh In, Clayton-Related Comment Connection

“When you talk about monopolization claims, the main issue is exclusion, unfair exclusion,” John Roberti said. Roberti is the head of the Washington antitrust practice at the law firm Allen & Overy. “So all these companies are going to be asking themselves: Is there anything we are doing that is

Antitrust Heats Up With Supreme Court Ruling, Monopolization Legal Experts Weigh In, Clayton-Related Comment Connection Read More

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Joe Stegmayer, George F. Allen, Manufactured Housing Institute Slogans, Slump, Slurs, Solutions

The manufactured housing industry is now 7 months into a slump – a downturn. How is that possible, during an affordable housing crisis?  Is it incompetence?  Or something else? While controversial himself in mainstream media reports for a variety of reasons, prominent Manufactured Housing Institute (MHI) member Frank Rolfe is

Joe Stegmayer, George F. Allen, Manufactured Housing Institute Slogans, Slump, Slurs, Solutions Read More

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Legacy Housing Corporation [LEGH] Reports 2019 First Quarter Results

  In a media release to the Daily Business News on MHProNews, Legacy Housing Corporation (LEGH) provided the following snapshot last night of their 2019 first quarter results. In the release below, MHProNews has turned the quote brown and bold, to make it pop, as is often done here. Otherwise,

Legacy Housing Corporation [LEGH] Reports 2019 First Quarter Results Read More

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Socialism vs. Free Enterprise, 2020, and Increasing Interest in U.S. Socialist Candidates, Policies

“Jackie DeAngelis breaks down the differences between capitalism versus socialism,” says Fox Business Network’s (FBN) YouTube page. More to the point, perhaps, is that this FBN video features a panel discussion that begins to unpack the issue of the rise in interest in socialism’s in the U.S. For those unfamiliar

Socialism vs. Free Enterprise, 2020, and Increasing Interest in U.S. Socialist Candidates, Policies Read More

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Biggest Dow Losers? Companies Tied to Chinese Trade, plus Manufactured Housing Market Updates

As regular readers of this feature know, we steered clear of China-U.S. trade troubles for most of last week, even though that was a lead story among scores of market watchers.  Today, MHProNews has two stories that have dealt with China and U.S. trade, one earlier today – linked here

Biggest Dow Losers? Companies Tied to Chinese Trade, plus Manufactured Housing Market Updates Read More

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Higher China Tariffs “Hits Home,” Building Impacts Ahead, Per NAHB

The cost of building and remodeling is about to rise – again, per CNBC.  Builders from coast to coast, which includes HUD Code and other factory-builders, order products for housing they construct that are often sourced offshore, including from China. So the tariff and trade war is about to hit

Higher China Tariffs “Hits Home,” Building Impacts Ahead, Per NAHB Read More

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