Tonight’s talking video heads are focused on the topic of trade, which were among the factors cited for the market plunge last week. That will be tonight’s spotlight feature. If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – […]
Shaking Off Trade Jitters, Dow Soars, Plus MH Market Updates Read More
Historic flashbacks can be instructive, including examples from outside one’s own industry or profession that may provide inspiration and insight. The challenge of dominating, monopolistic forces using (…or abusing…) political forces is not new. It’s been going on since the dawn of recorded history. The example below is a
“Sabotaging everything the country stands for” says Innovative Production Pioneer Read More
All planning ought to be based upon reality. It’s not easy for a person to be objective about themselves, or their location/operation. Multiple HUD Code manufactured home producers and lenders reps have shared with the Daily Business News a similar observation. What is that third-party, outside looking in observation?
Understand, Plan, and Execute – Monday Morning Sales Meeting Read More
“Once you eliminate the impossible, whatever remains, no matter how improbable, must be the truth.” – Arthur Conan Doyle, per BrainyQuote. An attendee of multiple MHI events who is an award-winning corporate leader who is also a Daily Business News reader explained what he called their “razzle dazzle.” He specifically
“Razzle Dazzle,” Says Former Manufactured Housing Institute Member Read More
Financing. Events. Market conditions. Producer intrigue…these and more are part of the week that just concluded. Among the big topics in MHVille during the week was one of the two big, full-scale annual trade shows in manufactured housing. A full-scale trade show includes model homes on display from HUD
There are millions of sci-fi fans, some of whom will recall Star Trek and the evil empire of the Borg. The Borg are fictional cybernetic organisms, part machine, part organic sentient life – such as humans. The Borg were a collective, that forced all in their path to join. The
“Resistance Isn’t Futile” Read More
Inventory shortage. Hedge funds bought houses to rent. Homes available are often smaller and need repairs. Rents rising at the fastest pace in 2 years. Bob Massi is saying many of the same things as the National Association of Realtors (NAR) Lawrence Yun has said. Manufactured housing could be just
Bob Massi, the Property Man’s Latest on Housing and Rents Read More
Is there a “secret” to success? It’s a question tens of thousands in manufactured housing, and millions beyond our industry, want to know more about. Yes, there is a secret, but it’s no secret says Michele Tafoya, Sideline Reporter for NBC Sunday Night Football. Tafoya shares the secret…that millions
Michele Tafoya’s Success Secrets, Adapted for Manufactured Housing Pros Read More
The conventional wisdom is the president got rolled by establishment types in both major parties. Will this haunt the GOP and President Trump in 2018? We’ll explore the spending deal, and Peter Navarro on trade are our features for tonight. If you’re new, already hooked on our new spotlight feature
Spending Bill Buzz, Navarro on Trade, plus MH Market UPDates Read More
A veteran Manufactured Housing Institute (MHI) lender’s controversial comments to the Daily Business News are bound to shake up discussions about two hot button industry topics. Those two subjects are: the Duty to Serve (DTS) Manufactured Housing, mandated by Congress a decade ago, and the Mortgage Loan Originator (MLO)
MHI Lender Shakes Up DTS and MLO Rule Discussions Read More
The nature of free enterprise is that entrepreneurial motivated people or organizations identify a problem. Then the entrepreneur provides a service and/or product that addresses the need. Done properly, free enterprise yields a solution for those served that also yields a profit for those serving the needed. Against that
The 2018 Tunica Show is now in the history books. Reports are that registrations and attendance was up at Tunica over last year’s event. Exhibitors in the events center – and those who displayed new factory built homes – reported good traffic, happy attendees, and solid results. What was
In a twist, Democrats are among those supporting President Trump’s tariffs that target China. With the markets dropping 700 points on the announcement of the first of several planned tariffs, that will be our market focus tonight. If you’re new, already hooked on our new spotlight feature – or are
President Trump Signs Tariffs, Stocks Drop, Plus MH Market Updates Read More
An independent manufactured home retailer walked up to the Daily Business News team in Tunica Wednesday to say, “thank you” for the depth of coverage of the industry’s news. A HUD Code home producer said, “I wish you’d tone it down a bit,” on the controversies, while expressing “appreciation for
Manufactured Housing – “Giants vs. Independents” – Tunica Talk – “You’ve Got to See This” Read More
If you haven’t noticed all of the buzz around the Federal Reserve’s expected rate move, then maybe you’ve been on vacation. One might sympathize with former Texas Congressman and multiple time presidential candidate, Ron Paul and wonder why the Fed has been given so much power over the U.S. economy?
Abracadabra, with Wave of a Powell’s Hand, Rates Change – Plus MH Market UPdate$ Read More
Rain and dreary weather outside did not keep hundreds of manufactured home retailers, communities, builder/developers and others from coming to the Tunica Manufactured Housing Show yesterday. Warm smiles, an upbeat attitude was in abundant evidence. Just a few photos from the event hall where exhibitors were on display, yesterday.
Tunica Manufactured Housing Show, Photo Report, Day One Read More
Several dozen manufactured home industry pros took their seats in Tunica to hear Paul Barretto shed light on Fannie Mae’s long-awaited chattel lending plan. Barretto is Fannie Mae’s field point-man with the industry on the federally mandated Duty to Serve (DTS) Manufactured Housing. The law which included the
Fannie Mae’s Paul Barretto, News-Making Remarks in Tunica Read More
The successful McCrory, AR lawsuit was a case brought by a nonprofit organization called Equal Justice. The organization’s name, Equal Justice, is at some level likely inspired by a longer phrase found on the U.S. Supreme Court building in Washington, D.C. = Equal Justice Under Law. It’s a quintessential
Equal Justice, Citizen Power, and Manufactured Housing Read More
When left-of-center Bloomberg, and right-of-center Fox Business agree on an issue, is it time to pay more attention? Instead of hearing about a possible run for president in 2020, Facebook and its founder Mark Zuckerberg are ducking a barrage of controversy, which is shrinking shares value, and sparking investigations on
PwC Partner Mitch Roschelle says that homebuilders’ optimism is retreating. Roschelle cites among the factors behind the decline – land, labor and lumber – which could affect every American who owns or rents a house. You could add one more “L” to Roshelle’s list, LIBOR. LIBOR is a benchmark rate,
4 Concerns of Homebuilders Have Impacting Every American Read More
