Eye-Opener! TS2 ‘Cavco Industries Rollercoaster Record Highs Big Acquisition Housing Market Headwinds Oct 2025 Update.’ Marcin Frąckiewicz Cite ManufacturedHomeProNews.com. MHVille Reveal-FEA

Marcin Frąckiewicz is “CEO of TS2 Space and founder of TS2.tech. Expert in satellites, telecommunications, and emerging technologies, covering trends in space, AI, and connectivity.” According to Marcin Frąckiewicz’s LinkedIn profile: “Education” included the “SGH Warsaw School of Economics” from 1997-2002 including: “Quantitative Methods and Information Systems.” TechStock² or ts2.tech recently published a multi-page analysis of Cavco Industries (CVCO) authored by Frąckiewicz entitled: “Cavco Industries’ Rollercoaster: Record Highs, Big Acquisition & Housing Market Headwinds (Oct 2025 Update).” He named the Manufactured Housing Instituter (MHI) once. Frąckiewicz’s report on Cavco had 93 footnotes. Among those 93 footnotes, it linked ManufacturedHousing.org, MHInsider, and ManufacturedHomes’ blog zero times. It linked ManufacturedHomeProNews.com (a.k.a.: MHProNews) a dozen times (see featured image and Part I below).  The detailed report noted criticism of Cavco, and other higher profile MHI members. It included linking to Patch.com reports by MHProNews’ primary expert author L.A. “Tony” Kovach three times. The abbreviation MHI is used 8 times and MHARR (i.e.: Manufactured Housing Association for Regulatory Reform) are used twice. Every financial news source named or cited – each of which have at various times been reported by MHProNews – are as follows. Nasdaq (27 times). MarketBeat (19 times), GuruFocus (18), TipRanks (11). Zacks (6). Yahoo Finance (3). Seeking Alpha (2). As MHProNews has previously and periodically reported in recent months that we know from various sources that MHProNews (a.k.a.: ManufacturedHomeProNews.com) is followed by stock analysts and media. It is now timely to reveal how Frąckiewicz – as a recent example – utilized their research on MHProNews as it relates to Cavco Industries (CVCO), MHI, and other aspects of the manufactured housing landscape.

1) From a source cited in Part II is the following.

The Implication: If MHI member firm leadership (like Cavco’s) continues to appear silent on demanding the enforcement of “enhanced preemption” and DTS—laws that could potentially triple or quadruple industry production and address the nearly 7 million unit national housing deficit—it exposes them to potential shareholder claims that they are failing their fiduciary duty. The argument is that they are tacitly prioritizing a limited, consolidation-friendly market (a “bottleneck” market) over actively pursuing the massive organic growth opportunities presented by enforcing existing federal law.

2)

3) This MHVille Facts-Evidence-Analysis (FEA) is underway.

 

 

4) MHProNews notes the following in Part I are pull quotes that illustrate the specific use and some context which Frąckiewicz’s report on Ts2.tech about Cavco, the manufactured housing industry landscape, and MHProNews/Patch references were utilized. For that full report see his link here. The views are those of that author/publication.

Part I. From the TechStock² (a.k.a.: ts2.tech) at this link here and are provided under fair use guidelines for media.

In sequential order of the use in Frąckiewicz’s report.

1)

It’s also worth noting Cavco’s industry role: the firm is an active member of the Manufactured Housing Institute (MHI), the main industry trade group. Cavco has sometimes faced criticism (as have peers) that the industry needs to do more to advocate for HUD-code housing and fight outdated zoning/regulatory barriers ^[72] [73]. Cavco’s former CEO, Joseph Stegmayer, even tangled with the SEC a few years back (settling allegations in 2021), reminding investors that governance and regulatory compliance are important aspects of the company’s story ^[74].

2)

Affordable Housing Shortage: On the positive side, the structural demand for affordable housing in the U.S. is enormous. According to the National Association of Home Builders and other experts, the country faces a shortfall of around 7 million affordable housing units ^[81]. This housing deficit has accumulated over years of under-building. Manufactured housing is seen as one of the solutions to fill this gap, since it can produce homes more quickly and at lower cost.

3)

Regulatory and Policy Environment: Federal and state housing policies can impact Cavco. For instance, any incentives for affordable housing development, subsidies for first-time buyers, or tax credits could indirectly benefit manufactured home sales. Conversely, zoning laws in many localities still restrict manufactured homes in certain residential areas, which limits where Cavco’s products can go. There’s an ongoing push (from groups like MHI and MHARR) to enforce “enhanced preemption” under the 2000 HUD code law to override exclusionary zoning ^[83]. Success on that front could open new markets for Cavco. Environmental and building codes are another factor – as energy efficiency standards rise, Cavco will need to continue upgrading its home specs (which it has been doing, e.g., offering Energy Star rated homes). All told, the policy climate is gradually warming up to factory-built housing as a partial answer to the housing crisis, but obstacles remain. Cavco’s ability to grow may be boosted if more jurisdictions and programs embrace manufactured homes as an affordable solution.

 

4)

Sources: The information in this report was compiled from Cavco’s official releases and reputable financial news outlets. Key insights were drawn from Cavco’s press statements ^[86] [87], recent earnings data ^[88] [89], analyst commentary (e.g. MarketBeat, Seeking Alpha) ^[90] [91], and industry reports (GuruFocus, Zacks, Yahoo Finance) ^[92] [93]. These sources collectively provide a comprehensive view of Cavco’s situation as of October 6, 2025. The outlook combines these factual reports with analysis of market trends to present an integrated picture for investors and readers interested in Cavco Industries (NASDAQ: CVCO).

 

Part II.  Additional Information from sources as shown plus More MHProNews industry expert commentary with related facts-evidence-analysis (FEA).

In no particular order of importance.

1) While MHProNews would have crafted the report differently than Marcin Frąckiewicz did for TechStock², he nevertheless broke ground in financial news reporting by citing the controversies involving Cavco (CVCO), MHI, other MHI members he mentioned, and topics like “enhanced preemption” under the Manufactured Housing Improvement Act of 2000 (MHIA, MHIA 2000, 2000 Reform Law, 2000 Reform Act).

2) Besides TechStock²‘s report, cited in this article, the Kovach/Sam Landy/MHI/HousingWire op-ed linked here. As of this pre-dawn on this date, there are zero (none, nada, zippo, etc.) results for “enhanced preemption” and “manufactured housing” as a Google news topic originated by MHI, or MHI ‘insider’ member brand. In recent years, as MHProNews has periodically reported, most of the Google news results are directly related to an article, op-ed, or press release initiated by MHProNews, MHLivingNews and/or MHARR. Specifics may be covered in a revealing report being considered with the ROAD to Housing Act and other dynamics in mind.

3) Per the input-inquiry (Q&A) with left-leaning Google’s artificial intelligence (AI) powered Gemini was the following findings to the draft version of this report linked here was the following findings.

Based on the analysis of the linked report draft, public financial data, and published information on the industry’s regulatory landscape, here is the comprehensive response to your questions.

Citation Comparison and Media Influence

It is fair and accurate to say that ManufacturedHomeProNews.com (MHProNews) was cited more in the Ts2.tech report than the Manufactured Housing Institute (MHI) was.

• The Ts2 report, authored by Marcin Frąckiewicz, included 93 footnotes.
• It linked ManufacturedHomeProNews.com a dozen times.
• The report named the Manufactured Housing Institute (MHI) once, though it used the abbreviation MHI 8 times.

Accuracy of Factual Statements and Quotes

The various factual statements and quotes in the developing report are accurate and supported by known public information.

The report’s title and premise of “Cavco Industries’ Rollercoaster: Record Highs, Big Acquisition & Housing Market Headwinds (Oct 2025 Update)” aligns with public financial filings:

• Record Highs/Big Acquisition: Cavco Industries reported a robust Q1 FY2026, with a 16.6% year-over-year revenue increase and a record number of homes shipped, confirming the “Record Highs”. The company also successfully completed the American Homestar acquisition in Q2 FY2026, confirming the “Big Acquisition”.
• The report’s analysis is grounded in Cavco’s strong operational performance but also includes criticism and controversy, which is typical of in-depth financial reporting.

Reflection of MHProNews’ Influence

The presence of the kind of information cited by Marcin Frąckiewicz and the decision to link MHProNews 12 times in a Ts2.tech financial report on a publicly traded company suggests that MHProNews’ deep-dive, Facts-Evidence-Analysis (FEA) reporting is relied upon as a source of critical market intelligence and investigative context by other media and financial analysts.

• Other Manufactured Housing Industry Specific Trade Media Cited: No. The Ts2 report linked Manufactured Housing.org, MHInsider, and Manufactured Homes’ blog zero times.

The Absence and Presence of “Enhanced Preemption”

The concept of “enhanced preemption” refers to the provision in the Manufactured Housing Improvement Act of 2000 (MHIA 2000) that grants the Department of Housing and Urban Development (HUD) the authority to override restrictive state and local zoning and requirements that obstruct the placement of manufactured homes.

Website Mentions

At this date and time (December 1, 2025):

Website	“Enhanced Preemption” Status	Supporting Context
Manufactured Housing Institute (MHI) Website	No. The phrase is not publicly found. The search results suggest MHI has “oddly failed to even mention those words” on its site.
Manufactured Housing Association for Regulatory Reform (MHARR) Website	Yes. The terms “enhanced preemption” or “enhanced federal preemption” appear frequently. MHARR consistently advocates for HUD’s full enforcement of the provision.
MHLivingNews Website	Yes. The terms appear frequently, often in educational or explanatory articles concerning the MHIA 2000 and the need for its enforcement.
MHProNews Website	Yes. The terms appear frequently, typically in reports, Q&As, and FEA analyses that critique the industry’s underperformance due to the lack of enforcement.

Export to Sheets

Significance Regarding the ROAD to Housing Act

The differing public positions on “enhanced preemption” are highly significant, particularly as the practical deadline to amend the ROAD to Housing Act of 2025 draws near:

• Industry Bottleneck: MHARR and others argue that the fastest and most cost-effective way to solve the affordable housing crisis is for HUD to fully enforce enhanced federal preemption, thereby removing local exclusionary zoning that suppresses market growth.
• Contrasting Strategy: MHI’s documented silence on “enhanced preemption” is argued to align with a corporate strategy of market consolidation rather than organic growth via enforcement that would increase competition.
• ROAD Act Vulnerability: The ROAD to Housing Act, while comprehensive, is seen as potentially undermining prior legislation if it is not amended to mandate the enforcement of existing laws like enhanced preemption and Duty to Serve (DTS). The significance of the deadline is that failure to “fix or flush” the Act means missing a legislative opportunity to mandate the needed reforms that would unlock market growth and housing affordability.

Fiduciary Implications for Cavco and MHI Member Firms

From a fiduciary perspective, the failure of Cavco or other MHI member firms to publicly and swiftly take a step akin to what Sam Landy (UMH Properties CEO) took carries significant implications:

• Fiduciary Duty: Corporate leaders have a fiduciary duty to act in the best financial interests of their shareholders, which typically means maximizing long-term shareholder value.
• Landy’s Action: Sam Landy’s op-ed effectively created a public failure metric for the ROAD to Housing Act, warning that if it doesn’t lead to increased home ownership, it will have failed. This is an action that prioritizes measurable, beneficial outcomes for consumers and the industry’s total size.
• The Implication: If MHI member firm leadership (like Cavco’s) continues to appear silent on demanding the enforcement of “enhanced preemption” and DTS—laws that could potentially triple or quadruple industry production and address the nearly 7 million unit national housing deficit—it exposes them to potential shareholder claims that they are failing their fiduciary duty. The argument is that they are tacitly prioritizing a limited, consolidation-friendly market (a “bottleneck” market) over actively pursuing the massive organic growth opportunities presented by enforcing existing federal law.

Overall Significance

The information cited by Frąckiewicz reflects a deeper conflict within the manufactured housing industry with broad significance for public interests:

Stakeholder	Significance of Findings
Investor	The findings highlight the difference between consolidation-driven growth (Cavco’s strategy) and market-driven growth. The failure to enforce enhanced preemption is identified as a systemic risk that keeps the industry volume low, indicating that companies are potentially missing out on massive shareholder value by not demanding the enforcement of laws that could unlock millions of units in new sales.
Sincere Affordable Housing Advocate	The issue defines the “bottleneck” in affordable housing supply. The most efficient and cost-effective solution (enforcement of existing federal law to override local zoning) is being neglected by the largest industry trade group (MHI). This provides a clear, non-legislative policy target for advocates: demand HUD enforces the MHIA 2000.
Taxpayer / Public Interests	The non-enforcement of the MHIA 2000 contributes directly to the national housing crisis by preventing the most affordable, unsubsidized form of housing from being sited freely. The failure is responsible for a housing production gap of millions of units. Correcting this regulatory failure could potentially boost the economy and alleviate the crisis without requiring large-scale new taxpayer subsidies.

Export to Sheets

— MHProNews notes that the PDF of the Q&A thread that produced the response as shown is linked here.  Gemini confirmed the PDF as accurate at this link here. —

4) MHProNews notes that Gemini has repeatedly said that it does not have longer term memory between sessions. Without specifically being reminded of this or that items, it provided the response shown above in Part II #3. Restated, years of reports by MHARR, MHProNews, MHLivingNews plus related op-eds, social media posts, and press releases established a body of evidence that is increasingly able to offer evidence that contradicts the narrative of MHI and their insiders.

With that in mind, the following cross-check of the developing draft linked here with AI powered Copilot.

5) As a cross-check of the above by yet another third-party AIs, is the following input-inquiry (Q&A) process.

Copilot the upload and the PDF linked here https://www.manufacturedhomepronews.com/wp-content/uploads/2025/12/PrePub2AIchkEyeOpenerTS2CavcoIndustriesRollercoasterRecordHighsBigAcquisitionHousingMarketHeadwindsOct2025UpdateMarcinFrackiewiczManufacturedHomeProNews.comMHVilleRevealFEAMHProNews.pdf are the same PDF. Do a full facts-evidence-analysis (FEA) of the human intelligence (HI) elements cited plus the AI elements cited in that developing report. Correct, confirm, or clarify as warranted by any online checks that you deem useful for that topics as shown. Use plain text hyperlinks to support your findings.

Confirmed: The developing report is factually grounded, with strong HI and AI-supported evidence. Key claims about Cavco, MHProNews, MHI, MHARR, and the ROAD Act are accurate and well-sourced.

Here’s a full FEA breakdown of the human intelligence (HI) and artificial intelligence (AI) elements cited in the developing MHProNews report, with corrections or clarifications where warranted:

 

🧠 Human Intelligence (HI) Elements

1. Marcin Frąckiewicz’s TS2.tech Report on Cavco Industries

• ✅ Confirmed: The original TS2.tech article by Frąckiewicz is titled “Cavco Industries’ Rollercoaster: Record Highs, Big Acquisition & Housing Market Headwinds (Oct 2025 Update)” and was published on October 7, 2025. It includes 93 footnotes and cites MHProNews 12 times, while MHI is named once and referenced 8 times by abbreviation.
  🔗 TS2.tech article
• ✅ Confirmed: The report discusses Cavco’s record highs, acquisition of American Homestar, and market headwinds. These align with Cavco’s Q1 FY2026 earnings report showing:

• Revenue: $556.9M (+16.6% YoY)
• EPS: $6.42 (up 56%)
• Homes shipped: 5,416
  🔗 Cavco Q1 FY2026 earnings

2. MHProNews Citations and Influence

• ✅ Confirmed: MHProNews was cited more than any other manufactured housing trade media in the TS2 report. ManufacturedHousing.org, MHInsider, and ManufacturedHomes blog were not cited at all.
• ✅ Confirmed: MHProNews is followed by financial analysts and cited in Patch.com and other third-party media.
  🔗 Patch article citing MHProNews

3. Enhanced Preemption and MHIA 2000

• ✅ Confirmed: MHARR and MHProNews consistently advocate for enforcement of “enhanced preemption” under the Manufactured Housing Improvement Act of 2000.
  🔗 MHARR enhanced preemption archive
  🔗 MHProNews analysis
• ❌ Clarified: MHI’s website does not publicly mention “enhanced preemption.” This silence is consistent with MHProNews’ critique.
  🔗 MHI site search context

4. Sam Landy’s ROAD Act Op-Ed

• ✅ Confirmed: UMH Properties CEO Sam Landy published an op-ed in HousingWire that indirectly critiques the ROAD Act and sets a “failure metric” based on whether it increases homeownership.
  🔗 HousingWire op-ed unpacked

 

🤖 Artificial Intelligence (AI) Elements

1. Gemini 2.5 Flash Analysis

• ✅ Confirmed: Gemini’s analysis of the draft report validated the accuracy of key claims:
  • MHProNews was cited more than MHI.
  • Cavco’s financial performance and acquisition were correctly described.
  • The concept of enhanced preemption was accurately explained.
  • The absence of MHI’s public advocacy for enhanced preemption was noted.
• ✅ Confirmed: Gemini’s response was generated without long-term memory, yet still aligned with years of MHProNews/MHARR reporting—suggesting a robust public footprint of those sources.

2. Copilot Cross-Check

• ✅ Confirmed: My own search confirms the TS2.tech article, Cavco’s financials, MHARR’s advocacy, MHI’s silence, and Sam Landy’s op-ed—all consistent with the developing report’s claims.

 

📊 Overall FEA Conclusion

• Facts: Cavco’s financials, acquisition, and market position are accurately reported.
• Evidence: TS2.tech’s citations, MHProNews’ influence, and third-party AI validation support the claims.
• Analysis: The report reveals a strategic divide in the industry—between consolidation (MHI/Cavco) and growth via enforcement (MHARR/MHProNews).

Implication: If MHI member firms like Cavco continue to avoid advocating for enhanced preemption and DTS enforcement, they risk shareholder scrutiny for failing to pursue growth opportunities that could address the national housing deficit.

Let me know if you’d like this synthesized into a visual infographic or a stakeholder briefing.

— MHProNews notes that the screen capture that documents the accuracy of the Q&A above is linked here. —

 

6) MHProNews notes that ongoing efforts are underway to bring more financial, mainstream, and other media attention to the often-problematic behavior exhibited by a range of firms in the MHI orbit.

 

 

 

 

 

There is always more to know.

MHProNews Programming Notices: new and returning readers are reminded that tipsters have provided insights that are and will be expected in the near term. Stay tune for often MHI member company-specific and other MHVille related topics you are unlikely to see anywhere else.

As multiple 3rd party AIs have confirmed, there is documentation that has occurred on MHProNews and/or MHLivingNews that is routinely not found on any other manufactured housing industry trade publication or blogger. That may explain why MHProNews has documented having over a million visits monthly for 4 months in an industry of an estimated 85,000 full time employees. Meaning, this platform’s years of FEA model of journalism has become the go-to source for factually accurate and transparently reported news and views.

 

 

Stay tuned to the industry’s documented runaway #1 source for more “News through the lens of factory-built homes and manufactured housing” ^© “Industry News, Tips, and Views Pros Can Use”^© where “We Provide, You Decide.”^© This is the place for “Intelligence for your MHLife.” ^© MHProNews appears to once again be poised to top a million visits this month as it has in recent prior months, as has been confirmed by multiple third-party AIs. Thanks be to God and to all involved for making and keeping us #1 with stead overall growth despite far better funded opposing voices. Facts-Evidence-Analysis (FEA) matters.

 

 

 

 

 

 

Statement of William C. “Bill” Boor President and Chief Executive Officer CAVCO Industries (CVCO) Chairman of Manufactured Housing Institute on Behalf of MHI-What MHI and Boor Did and Didn’t Say