Most manufactured home tracked stocks rose, while the major markets mostly slid today. Properly understood and promoted, HUD Code manufactured housing out to do well in good times or bad, because there is always a need for affordable homes. That said, our feature this evening is another follow up for …
There are numerous ties between energy sector jobs and factory-built housing. UMH Properties (UMH), to name but one example, has a significant location count in the Marcellus region. Several producers are keen on workforce housing, or retailers who sell homes to those who work in the energy sector. On a …
There are several operations that believe they are positioning themselves for the future of manufactured housing. Some are not only aware; they are arguably counting on the Berkshire Hathaway owned Clayton Homes and their “strategic Moat.” A number of those firms are Manufactured Housing Institute members, but others are not. …
Left-of-center Axios once more reports that President Donald J. Trump wants ‘his friend’ Herman Cain on the Federal Reserve board. The floated pick may spark controversy. On a day when the markets largely rose, including most manufactured home connected tracked stocks, the raising of Cain for the Fed will be …
Former Godfather CEO, GOP POTUS Contender Herman Cain to Join Fed? Plus, MH Stock Updates Read More
In a media release, Cavco Industries (CVCO) has notified the Daily Business News on MHProNews of their latest executive changes. Industry watchers see signs that the moves continue to be efforts to rebuild investor confidence in a firm rocked last November by the sudden departure of Joe Stegmayer as Chairman …
Cavco Industries Announces Latest Executive Level Changes Read More
Yes, the breaking news is that the Mueller reports has been delivered to the Department of Justice. That will have more news value in terms of the markets in the days ahead. The Daily Business News on MHProNews has said from the outset that no collusion with Russia will be …
Federal Reserve Chairman Jerome Powell announced what several observers are referring to as a ‘cave,’ giving into what investors and President Donald J. Trump has been pushing for over the course of several months. On a day when the broader market slid, and more losers than gainers on the manufactured …
In a pre-dawn exclusive, the New York Post cited investigations in New Jersey by state regulators “since at least May” of 2018. They noted that “Applied Underwriters, which was accused of “bait and switch” marketing tactics by California officials in 2017, illegally altered its contracts with customers to boost the …
PricewaterhouseCoopers (PwC) is a multinational professional services network headquartered in London, United Kingdom and PwC ranks as the second largest professional services firm in the world, says the firm’s website. Their revenue in 2018 was reported at $41.3 billion USD, roughly 5¼ times the size of all manufactured housing industry sales …
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). …
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
In states such as Colorado or Texas, one can find Clayton Homes owned manufactured home retail stores which achieve significant sales volume and/or higher earnings for their general managers (GM). One such Clayton retail GM – per sources with the Knoxville, TN metro based firm – earns over a million …
Clayton Retail GM Earns Big Bucks, Insider Insights for Manufactured Housing Read More
Legacy Housing Corporation (NASDAQ: LEGH) has announced a new program for manufactured home park and community owners across America. The new Legacy bulk leasing program allows for parks and community owners to lease brand new singlewide and doublewide homes from our Eatonton, Georgia factory at an 8-year lease term. …
Never underestimate the power of money in Washington, D. C., or in the districts and states that send legislators to Capitol Hill. Legislators or other public officials can be influenced about matters that moneyed interests care about in a variety of ways, as an examination of the power of money …
“Thank you. And before we begin, please be advised that comments made during this conference call by management will contain forward-looking statements under the provisions of the Private Securities Litigation Reform Act of 1995, including statements of expectations or assumptions about Cavco’s financial and operational performance, revenues, earnings per share, …
The markets rocked up today, as a possible deal in Washington on “the Wall” may be brewing. Most tracked stocks rose. Our focus this evening will be the headline, mandated changes at Legacy Housing. If you’re new, already hooked on our new spotlight feature – or are ready to …
Legacy Housing Announces Corporate Role Changes, Plus Manufactured Housing Market Updates Read More
On a mostly up day for manufactured home equities, we’ll spotlight Sun Communities, recent insider trading, and more. If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further below, after the newsmaker bullets and …
President Donald J. Trump is reportedly heading to border at El Paso today, even as the number of declared and potential Democratic rivals for president swells. After the partial federal shutdown after the SOTU, after the announcement of the Green New Deal, with some 90 percent negative mainstream media coverage, …
Since last November, previously high-flying Cavco Industries (NASDAQ:CVCO) has taken what plaintiffs claim are an unforced error that sparked the tumble. Tonight’s featured focus is a graphic about Cavco that is accompanied with a tease for what’s expected next week. If you’re new, already hooked on our new spotlight …
What’s Coming at Cavco Industries (CVCO), Plus Manufactured Housing Industry Stock Updates Read More
