The Daily Business News on MHProNews noted yesterday that 6 words that were missing from Chairman Warren Buffett’s cover letter to Berkshire Hathaway annual report. By contrast, the formal part of the annual report must provide information for shareholders and prospective investors, as a matter of regulatory law. For those …
An independent manufactured home retailer has made mainstream news with a media outlet that is part of the USA Today family of media brands. For whatever reasons, that retailer only sells new homes built by members of the independent producer’s trade group, the Manufactured Housing Association for Regulatory Reform (MHARR). …
There are more reasons than this one dozen to oppose the start of a new national post-production manufactured housing trade association. But those noted are sufficient to get the ball rolling on the timely discussion ahead of the 2019 Tunica Manufactured Housing Show. Some of these are subtle. So, be …
12 Reasons to Oppose a New Manufactured Home Post Production Association Read More
Kevin Clayton. Clayton Homes. Manufactured housing. Geico Insurance is mentioned in Buffett’s latest annual letter. The glories of float, compound interest, and reasons for buying that gecko symbol insurance brand is part of what is promoted in Warren Buffett’s annual cover letter to Berkshire Hathaway (BRK) shareholders. But the 6 …
6 Things Missing From Warren Buffett’s Annual Letter Read More
If you’ve been buying fuel lately, you’ve noticed that prices have been rising in recent weeks. The tragedy of Venezuela is part of that backstory. Make no mistake. As one of the top proven oil reserves in the world, that Latin American nation’s political and economic upheaval are impacting the …
Notice. Friday’s closing numbers and typical data recap was unavoidably delayed by what was originally thought to be day meetings, that ended up going long, turned into an unplanned overnight, that went well into Saturday. Hopefully the rare absence Friday evening of this data made the hearts of our …
Senator Dick Durbin (IL-D), On The Record, RE: Green New Deal, plus MH Stock Updates Read More
“Craig Borges filed a complaint on Jan. 30 in the 24th Judicial District Court against New Orleans Modular Homes LLC and John Albert Rodriguez,” said the Louisiana Record. Borges claims he has not been repaid for a loan made to the company. “The plaintiff is seeking all reasonable sums due, …
Modular Company Sued For Alleged Breach on Four Homes Read More
“After hearing from more than 15,000 people and consulting with many experts, the City saw both support and need for a tax on empty homes in Vancouver. A 2016 City of Vancouver survey found that more than 90% of Vancouver residents surveyed agreed that empty homes were a problem; a …
There are several new and recent items that are purportedly making it ever more clear what is occurring that are artificially stymieing manufactured housing industry growth. There is a new report from the Washington, D.C. based independent producers association – linked below – that raises several disturbing concerns. They should …
Is Manufactured Housing Industry Backstab Coming Into Clearer Focus? Read More
As the headline news from CNN and Fox Business reflect, there’s a flurry of items that contributed to the stimuli for investors on a largely down broader markets day, and a mixed day for manufactured home stocks and equities. But something to watch are those voices that keep trying …
China Trade, Fed, Mixed Signals on Meh Day, Plus Manufactured Home Market Updates Read More
Keenya Robertson is a fair housing advocate and the President of Housing Opportunities Project for Excellence (HOPE). She said “Something is not right,” per Yahoo News. “People are being treated differently because they are from a different country. That is a violation of the Fair Housing Act,” Robertson said, according …
The manufactured housing industry has to a significant degree been conquered. Who will be the leaders and the voices that liberate our industry, it’s millions of home owners, and the millions more who could benefit from manufactured home living? That’s a tough but pertinent question, as the battle …
Love him. Hate him. Agree, disagree or be ‘meh’ about his policies and politics. Ignore the scandals attached to his wife and himself if you wish, because hundreds of thousands of donors clearly have. Senator Bernie Sanders, a self-proclaimed socialistic independent from Vermont has announced he is running for the …
A manufactured home community (MHC) professional told MHProNews that the single largest competitor for our industry is subsidized housing. Ponder that statement. That and the recent Daily Business News on MHProNews report linked here and further below about ‘appalling’ are apt backgrounds for the following stern warning from the U.S. …
HUD Warns PHAs, Manufactured Housing Pros – Take Note Read More
In a press release to the Daily Business News on MHProNews, is the following from the New York State Attorney General’s (NY AG) office. The release contains the details of the suspect arrested and charged with swindling over a $1 million dollars from would-be buyers of factory-built homes. The NY …
The headline question, according to a manufactured home industry attorney familiar with the issues, says what attorneys often do. “It depends.” Under the headline, “RM LAW Announces Class Action Lawsuit Against Cavco Industries, Inc.” one reads the following. “RM LAW, P.C. is a national shareholder litigation firm. RM LAW, P.C. …
The Daily Business News on MHProNews recently referenced the Sam Zell quote, “If Everyone is Going Left, Look Right.” Paul Harvey, on his famous radio show, might have said this about “the rest of the story.” A prior version of that quote by Zell had left and right reversed. Sometimes, we utter …
The data that follows is according to a February 11, 2019 report from the Manufactured Housing Institute (MHI) delivered by email to their members. The Arlington, VA based trade group issued it with their normal copyright notice, but as their attorneys know, there are specific circumstances when copyrighted materials can …
In New York State, numerous incidents connected to manufactured home communities and manufactured homes has been making news. But not in a positive way. Recently, there were several dozen cases of rent-to-own or ‘contract-for-title’ transactions by community operators that caught the ire of the N.Y. State Attorney General’s office. …
Manufactured Home Community Residents on ‘Rent Strike,’ Republican Lawmaker Calls Foul Read More
There are potential issues that ought to have been raised in the 2020 Census that experts have told the Daily Business News on MHProNews should have been included. That will be a topic of a planned upcoming report. But today’s U.S. Census topic impacts every affordable housing or manufactured home …
The 2020 Census, Supreme Court, Manufactured Housing, and You Read More
