CDC’s Federal Eviction Moratorium Struck Down by Federal Judge, plus Manufactured Home Investing, Stock Updates

DowJones2.26.2021YahooMHProNewsLogoIt isn’t from the Manufactured Housing Institute (MHI) that this news tip that follows came early today to MHProNews. Rather, this tip early today came from a manufactured home industry attorney.

Per that source, “A Texas federal court has ruled the CDC [Center for Disease Control] eviction ban unconstitutional.  The opinion is attached…The judge issued a declaratory judgment against the eviction ban.  He did not issue an injunction, but indicated that he would, if needed.”

Texas Landlords Say Feds Can’t Block Evictions,” said LexisNexis on Oct 23, 2020.  It is that case that was ruled on.
The legal principles involved in this ruling may go beyond this one issue.

As MHI and others have made this a topic of focus, that will be our featured focus tonight.

 

For our growing numbers of new readers, as well as a reminder to those returning daily, a few quick evening/nightly market report insights.

  • Every business evening, MHProNews provides a bullet list of left-right news headlines from CNN and in a matter of moments, savvy professionals can see at a glance news headlines and views across the political spectrum.
  • This is a time saving and insightful way to quickly grab insights from across the left-right divide for those who are hooked on this market-nightly feature.
  • Our featured focus follows the quotable quotes, periodic political cartoons, those left-right headlines, and two of our three market summary graphics as reported at the closing bell.
  • After the featured focus, are some recent/related report links and the third manufactured housing focused stock equities graphic. There are some additional items that include the free signup for the manufactured housing industry’s x2 weekly emailed news to the most-read trade publication in our profession:

On a day that saw mixed results on manufactured home connected equities today, let’s press ahead toward our other business-nightly features and tonight’s focus on the legal decision that could in the near term result in a wave of evictions.

 

Quotes That Shed Light – Industry, American, Social, National Issues

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https://www.manufacturedhomepronews.com/nbc-news-leticia-miranda-report-mobile-home-dwellers-hit-even-harder-when-facing-eviction-john-olivers-mobile-homes-hit-round-two-news-analysis/

WeMustRememberThatRegardlessofColororCreedWeAreAllAmericansFirstDonaldJTrumpQuoteFoxNewsLogoMHProNewsLogo

PredictablityInLawKeyToProsperousRepublicKurtKelleyJDQuoteManufacturedHomeProNews
We strive to approach each person or organization with the principle of wheat and chaff in mind. The above is pure wheat from Kurt Kelley. Of course, that was while he was working directly with MHProNews…

Headlines from left-of-center CNN

  • A travel rebound
  • A man watches a Delta plane as it approaches Washington Ronald Reagan National Airport (DCA) in Arlington, Virginia on February 24, 2021.
  • These stocks are set to benefit as people get vaccinated and start to hit the road again
  • The market is having a tantrum, but the trigger is actually good news
  • Oil is up nearly 70% since the election, a record in the modern era
  • This change could help keep the GameStop fiasco from happening again
  • ‘Real World,’ ‘Frasier,’ ‘Spongebob:’ See the reboots coming to this new streaming service
  • Best Buy just laid off 5,000 workers and will close more stores
  • First restaurants in Texas had to deal with the pandemic. Then came the winter storms
  • Beyond Meat strikes partnerships with McDonald’s and Yum Brands
  • What happened when one company switched to a four-day workweek
  • FCC approves $50 monthly internet subsidies for low-income households
  • Birkenstock sold to group backed by Europe’s richest man
  • Hyundai’s recall of 82,000 electric cars is one of the most expensive ever
  • Shopping for a car? Watch out for the ‘destination fee’
  • Opinion: Without a global vaccine plan, coronavirus variants could lead to untold number of deaths
  • Here’s why new ‘WandaVision’ episodes debut in the middle of the night
  • An Amazon Prime truck drives in Pacifica, Calif., Tuesday, Dec. 15, 2020.
  • Amazon put cameras in its delivery vans and some drivers aren’t happy
  • Drive-thru lane signs are displayed outside a McDonald’s Corp. fast food restaurant in Shepherdsville, Kentucky, U.S., on Monday, Jan. 14, 2019.
  • McDonald’s and other chains are giving their drive-thrus the Jetsons treatment

 

Headlines from right-of-center Newsmax

  • Donald Trump Jr. Knocks Biden, Rep. Liz Cheney at CPAC
  • “Where is Hunter Biden?” Trump Jr. asked about the current president’s son, accused of peddling his access to Joe Biden, formerly vice president. “I’m sure he’s making billions in China right now.”
  • Newsmax at CPAC
  • Rick Scott to CPAC: Democrats ‘Want to Silence You’
  • Ted Cruz to CPAC: ‘Donald J. Trump Ain’t Going Anywhere’
  • Mike Lee to CPAC: Nation’s Freedoms Coming Under Attack
  • Tom Cotton: Conservatives Will Always Defend US |
  • CPAC Attendees Boo Hosts’ Requests to Wear Masks
  • DeSantis: GOP Cannot Go Back to ‘Establishment of Yesteryear’
  • James Lankford: I ‘Dared to Sing in Church’ Despite COVID
  • Pence, 6 Major Republicans Not Attending CPAC
  • CPAC Chair: Trump’s Speech Is ‘Important Reset’
  • CPAC to Honor Rush Limbaugh
  • Newsmax at CPAC
  • Rick Scott to CPAC: Democrats ‘Want to Silence You’
  • Ted Cruz to CPAC: ‘Donald J. Trump Ain’t Going Anywhere’
  • Mike Lee to CPAC: Nation’s Freedoms Coming Under Attack
  • Tom Cotton: Conservatives Will Always Defend US |
  • CPAC Attendees Boo Hosts’ Requests to Wear Masks
  • DeSantis: GOP Cannot Go Back to ‘Establishment of Yesteryear’
  • James Lankford: I ‘Dared to Sing in Church’ Despite COVID
  • Pence, 6 Major Republicans Not Attending CPAC
  • CPAC Chair: Trump’s Speech Is ‘Important Reset’
  • CPAC to Honor Rush Limbaugh
  • Trump Jr. at CPAC: Only Thing Dems Have Open Is Open Borders?
  • Rick Scott to CPAC: Democrats ‘Want to Silence You’
  • Rick Scott, R-Fla., told the attendees of the 2021 Conservative
  • Biden Stimulus Could Push US Into Devastating Hyperinflation
  • President Trump Getting Set to Launch New Super PAC
  • Syria Condemns ‘Cowardly’ US Air Strikes on Iran-Backed Militias
  • Expert Warns of Possible Fertility Crisis Due to Falling Sperm Counts
  • Falling sperm counts and changes to reproductive development could
  • McConnell Says He Would Support Trump If He’s Nominated in 2024
  • How China Will Take Advantage of Biden
  • Ted Cruz: Biden Opening Border for ‘Murderers, Rapists’
  • FBI Aware AA Pilot Reported UFO Flying Over Plane

 

Market Indicator Closing Summaries – Yahoo Finance Closing Tickers on MHProNews…

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Featured Focus –
Where Business, Politics and Investing Can Meet

CDCFederalEvictionMoratoriumStruckDownByFederalJudgePlusManufacturedHomeInvestingStockUpdatesMHProNews

Here is how left-of-center CNBC reported on this matter today.

A federal judge in Texas has ruled that the national ban on evictions that’s been in place since September is unconstitutional.

Although the Covid-19 pandemic persists, so does the Constitution,” U.S. District Judge John Barker wrote Thursday evening, siding with a group of property managers who argued that the ban exceeds the power of the federal government.

 The Centers for Disease Control and Prevention’s national eviction moratorium was first announced under former President Donald Trump in September 2020. It prohibited evicting renters who were financially struggling because of the coronavirus pandemic.

 President Joe Biden has since extended the moratorium through March, and has called for it to be kept in effect through September 2021.”

 

 

OPINION AND ORDER This lawsuit presents the question whether the federal government has authority to order property owners not to evict specified tenants. Plaintiffs argue that this authority is not among the limited powers granted to the federal government in Article I of the Constitution, and thus the decision whether to enact an eviction moratorium rests with a given State. Disagreeing, the federal government argues that a nationwide eviction moratorium is within Article I’s grant of federal authority to regulate commerce among the States.

 Only that issue is posed here. This lawsuit does not question that the States may regulate residential evictions and foreclosures, as they have long done. For instance, during the Great Depression, 27 States enacted foreclosure moratoriums and other laws meant to mitigate the effects of a wave of foreclosures. Geoff Walsh, The Finger in the Dike: State and Local Laws Combat the Foreclosure Tide, 44 Suffolk U. L. Rev. 139, 139- 43 (2011). In upholding one such law against a challenge not raised here, the Supreme Court recognized the “control which the state retains over remedial processes” in this area as part of the State’s “police power, [which] is an exercise of the sovereign right of the government to protect the lives, health, morals, comfort, and general welfare of the people.” Home Bldg. Ass’n v. Blaisdell, 290 U.S. 398, 434, 437 (1934).”

The full ruling is linked here.

Our legal source underscored that point by saying in its cover message with the ruling, “Two caveats.

First, the ruling only pertains to the federal eviction ban, not eviction bans imposed under state law.  Second, it’s expected that the decision will be appealed to the Fifth Circuit Court of Appeals.”

MHProNews will plan to monitor and report as merited on an expected appeal of this ruling.

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Manufactured Housing Industry Investments Connected Closing Equities Tickers

Some of these firms invest in manufactured housing, or are otherwise connected, but may do other forms of investing or business activities too.

                  • NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services, a manufactured home industry lender
                  • NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
                  • NOTE: Deer Valley was largely taken private, say company insiders in a message to MHProNews on 12.15.2020, but there are still some outstanding shares of  the stock from the days when it was a publicly traded firm.  Thus, there is still periodic activity on DVLY.

ManufacturedHomeCommunitiesMobileHomeParksFactoriesProductionSuppliersFinanceStocksEquitiesClosingInfo2.26.2021

Winter 2021

Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.
· LCI Industries, Patrick, UFPI, and LP each are suppliers to the manufactured housing industry, among others.
· AMG, CG, and TAVFX have investments in manufactured housing related businesses. For insights from third-parties and clients about our publisher, click here.
Enjoy these ‘blast from the past’ comments.

MHProNews. MHProNews – previously a.k.a. MHMSM.com – has celebrated our 11th year of publishing, and is starting our 12the year of serving the industry as the runaway most-read trade media.

Sample Kudos over the years…

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It is now 11+ years and counting…and Williams, who praised our accuracy and other services to manufactured housing for years, then said this.

Learn more about our evolutionary journey as the industry’s leading trade media, at the report linked below.

· For expert manufactured housing business development or other professional services, click here.
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Disclosure. MHProNews holds no positions in the stocks in this report.

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That’s a wrap on this installment of “News Through the Lens of Manufactured Homes and Factory-Built Housing” © where “We Provide, You Decide.” © (Affordable housing, manufactured homes, stock, investing, data, metrics, reports, fact-checks, analysis, and commentary. Third-party images or content are provided under fair use guidelines for media.) (See Related Reports, further below. Text/image boxes often are hot-linked to other reports that can be access by clicking on them.)

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Notice, this photo was taken before several on Fox News took a turn away from more right-leaning reporting to more left-leaning or anti-Trump views.

By L.A. “Tony” Kovach – for MHLivingNews.com.
Tony earned a journalism scholarship and earned numerous awards in history and in manufactured housing. For example, he earned the prestigious Lottinville Award in history from the University of Oklahoma, where he studied history and business management. He’s a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com. This article reflects the LLC’s and/or the writer’s position, and may or may not reflect the views of sponsors or supporters.

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