The U.S. Stock Markets are closed today, in deference to the Jewish feast of Passover, and Good Friday. For Jewish believers, chabad.org says: “Passover (Pesach) celebrates the deliverance of the Jewish people from slavery in Egypt.” Matthew Silver, MHProNews’ Jewish assignments editor whimsically says, “Lotsa matzah!” for Passover. The remembrance […]
Markets Closed for Passover, Good Friday Memorials Read More
When life hands you lemons, make lemonade. When the Zillow Group’s ™ recent survey of Consumer Homebuyer Trends tells you 92% of Americans aren’t considering a manufactured home – and only half of those who ponder manufactured housing actually purchase one – consider it a multi-million-dollar opportunity in your professional
Zillow Group Study Reveals Trillions in Manufactured Housing Industry Opportunities Read More
Whether or not truth is reported, or distorted, reality – the truth – is. Truth exists. That is so on any issue you care to mention: sports, fashion, politics, religion, health, fitness, business — including manufactured, modular, and prefabricated housing. Factory-home building – says John Bostick, Sunshine Homes president –
What’s the Truth About the Manufactured Housing Industry’s Potential? Read More
At the 2017 Tunica Manufactured Housing Show, members of the Manufactured Housing Institute (MHI), and the industry’s top trade media were welcomed – without cost – by the Manufactured Housing Association for Regulatory Reform (MHARR) at the annual in-person meeting of their members. The topics under discussion closely mirrored the same
Media, MHI Members Welcomed, Industry Warned Read More
Manufactured Home Industry Politics. Those who know say, “it’s complicated.” Beyond complexity, no one likes to be misled, deceived, conned, lied to, led astray — or ‘fooled.’ While all can ‘cop a plea’ to having done something foolish from time to time, we don’t want to be perceived as –
April Fools? – MHVille Politics, 2017 Read More
Here’s a riddle. What does incoming HUD Secretary Ben Carson (R), previous HUD Secretary Julian Castro (D), CFED, ROC USA, NLIHC and Star Homes of Cullman AL’s Stan Dye all have in common? Answer. They have all acknowledged the tremendous value of modern manufactured homes, particularly as a good option
Where Democrats, Republicans, Business Professionals and Non-Profits Agree Read More
“Bylaws, articles of incorporation and 990 tax returns are public documents,” an informed source with long ties to the Manufactured Housing Institute (MHI) told MHProNews. The source was responding to word that the Manufactured Housing Institute’s President, Richard Jennison and senior vice-president and general counsel, Rick Robinson, were among those
Source – Manufactured Housing Institute Violated Law? Conflicts of Interest? Read More
Between now and month’s end, there is a good likelihood that the new and improved MHProNews.com version 3.0 will be rolled out. The new site will feature: A bold new, modern look, feel, and navigation. Enhanced security features (necessary in today’s hacking and malware environment). More visually rich, with more
Service, Manufactured Housing News Programming Alert Read More
In a new video-laced report, Congressman Andy Barr has taken a strong stand in the House of Representatives in favor of reforming Consumer Financial Protection Bureau (CFPB) regulations that he says are harming would be manufactured home buyers. The report provides a video of his congressional testimony, along with other
Congressman Barr Defends Manufactured Housing, While Controversies Brew Read More
The Manufactured Housing Institute, and its president and CEO, Richard A. Jennison, are required as a tax-exempt organization to keep and file certain records. One of those reports was obtained by MHProNews, and is attached herein. MHI’s organizational mission statement as obtained from GuideStar, reads as follows. MISSION STATEMENT “Improve
“When the National Association of Realtors chief economist says there are more buyers than existing homes available on the market, that should be a huge signal to manufactured and modular home professionals,” said Stan Posey, sales manager at Sunshine Homes of Red Bay, AL. In a recent report spotlighted by
New NAR Report Points To Manufactured Housing Opportunities Read More
Every year for many years now, Darrell Boyd, Senior Vice President from Jacksonville, Florida based Triad Financial Services brings banks, credit unions, investors and other financial services professionals to the Louisville Manufactured Housing Show. The goal? To begin the process of introducing new capital to the market, or to reinforce
Fox News and most mainstream media sources are urging caution to professionals and others answering cell phones and landlines from incoming calls from an “unknown caller” or a phone number you may not recognize. The scam, as the two news videos below reveal, works like this. The caller will ask
Scam Alert! Professionals Warned Read More
First, a programming note. The new Featured Articles in the March issue of MHProNews will go live on the home page this weekend. Next… As you can read on the Masthead, in the wake of the death of my wife’s father Tuesday, the Manufactured Housing Institute’s (MHI) President and CEO,
WASHINGTON, D.C. – With over 81,100 manufactured homes built last year, more than 99.99 percent of all manufactured home buyers had service issues satisfied through normal channels provided by their home’s builder, retailer, community, or installer. Pamela Beck Danner, JD, is the federal administrator for the Department of Housing and
Federal Data Spotlights Manufactured Home Industry Quality, Regulatory Questions Read More
“The road to hell is paved with good intentions.” – American Maxim. “Why not half-a-million [new manufactured homes sold annually]? We can get there.” – Richard “Dick” Jennison, president and CEO, Manufactured Housing Institute (MHI). “James McGee and Chet Murphree said it very well on a video, it’s
Weaponized, Faked News Harms Manufactured Housing Homeowners, Professionals Read More
Is anyone “…eating this dog food?” – emailed comment to MHProNews about Marty Lavin’s topic. “We welcome outside oversight and criticism as it allows us to objectively evaluate our actions.” – Sam Landy, explaining UMH Properties perspective on media, public critiques. “Let’s fight bad information with good information,
Marty Lavin Lashes the Manufactured Housing Institute’s (MHI) Latest Initiative Read More
News/Analysis. The Duty to Serve (DTS) is widely seen as important for the future of manufactured housing financing by sellers, and for refinancing with personal property loans made more widely available for manufactured home consumers. The DTS issue is not without controversy, as commentary by M. Mark Weiss of MHARR
In a story that MHProNews covered first in manufactured housing, Jim Clayton, Founder and Chairman of Clayton Bank and Clayton Homes, confirmed the “merger” of Clayton Bank and Trust and American City Bank (collectively “Clayton Banks”) and FB Financial Corporation (NYSE: FBK), in a deal valued at $284.2 million. This
Jim Clayton Exclusive on Clayton Bank/FirstBank Merger to MHProNews Read More
In a release to MHProNews, Security Mortgage Group’s Managing Director, Gerard D. DiMarco, Jr. informs the manufactured housing industry’s Daily Business News that the firm has secured 30 million dollars in lending for new and existing clients. As regular readers of the Daily Business News know, Security Mortgage Group is a four-time
January Manufactured Home Community Loans, 30 Million Dollars by Security Mortgage Group Read More
