Fear, Foibles, Fraud, Folly – Latest Theranos Fraud Conviction Holds Lessons for Manufactured Home Independents, Employees, Investors, Consumers; plus Manufactured Housing Stocks Update


Newsmax and the Associated Press (AP) reported on 7.7.2022 about the conviction for fraud of former Theranos Exec Ramesh Balwani. Per that report,” Ramesh “Sunny” Balwani, the former business partner and lover of Theranos CEO Elizabeth Holmes” was convicted by a jury in San Jose, Calif. “Balwani was found guilty in the Theranos blood-testing fraud case, Thursday, July 7.” How this may apply to manufactured housing in terms of lessons learned begins with understanding the example of Theranos and other major 21st century corporate scandals. “A jury on Thursday convicted former Theranos executive Ramesh “Sunny” Balwani of collaborating with disgraced Theranos CEO Elizabeth Holmes in a massive fraud involving the blood-testing company that once enthralled Silicon Valley,” said the report on Newsmax. “The 12 jurors found Balwani guilty on all 12 felony counts of defrauding both Theranos investors and the patients who relied on wildly unreliable blood tests that could have jeopardized their health.” It goes on to say that “Holmes, 38, and Balwani, 57, face up to 20 years in prison.”

“The outcome puts Balwani and Holmes in similar situations. Holmes was convicted on four counts of investor fraud and conspiracy earlier this year. During that trial, Holmes tearfully accused Balwani of sexually emotionally abusing her while they were lovers. An attorney for Balwani has vehemently denied those charges.”

Holmes is currently scheduled for sentencing in late September, 2022. Balwani’s sentencing date will be set perhaps in days. It should be noted that Holmes managed to delay several proceedings against her, so those dates are not set in stone.

“The dual convictions representing a resounding victory for federal prosecutors, who seized on the Theranos case as a rare opportunity to hold ambitious entrepreneurs accountable for engaging in technological hyperbole while pursuing fame and fortune. In the process, they hoped to discourage the practice of making bold and unproven promises about still-nascent products — a startup strategy known as “fake it until you make it.””


Fraud and Other Federal/State Felonies

Fraud is defined by Oxford Languages as “wrongful or criminal deception intended to result in financial or personal gain.” While people normally associate the conviction of Bernard “Bernie” Madoff with a Ponzi scheme, Wikipedia reminds us that: “The Madoff investment scandal was a major case of stock and securities fraud discovered in late 2008.[1] In December of that year, Bernie Madoff, the former NASDAQ chairman and founder of the Wall Street firm Bernard L. Madoff Investment Securities LLC.” Madoff, who died in federal prison on 4.15.2021, had the following penalty imposed on him: “150 years in federal prison and $170 billion in restitution.”

The recent Theranos convictions and a brief consideration of previous cases such as Madoff, WorldCom, Enron, and other major 21st scandals demonstrate that corrupt corporate practices can and do get successfully prosecuted. Several of these corporate corruption scandals took years of pressure before they final gained sufficient ‘critical mass’ to gain media, Congressional, regulatory, or other legal action that brought eventually brought their respective schemes to justice. A flashback report may be useful to those not aware of this historic 21st century pattern.


Further below, MHProNews will mention and provide details on other types of federal violations such as RICO, market manipulation, and antitrust because there appears to be several specific examples of that in manufactured housing. There are some class actions cases either brewing and/or are already underway. Further, there is the Securities and Exchange Commission (SEC) case against Cavco Industries (CVCO).







Those are examples that there could be some legal actions possible in the foreseeable future that may further expose the alleged examples of corrupt and seemingly illegal behavior by manufactured housing connected operations. For the sake of new readers, and as a reminder to regular or all other readers, perhaps the most significant third-party legal analysis of how this may apply in manufactured housing is found in the report linked below. Samuel “Sam” Strommen with Knudson Law and James A. “Jim” Schmitz Jr. with the Minneapolis Federal Reserve have each done distinctive research that sheds light on why manufactured housing is underperforming and appears to be scandal plagued.

https://www.manufacturedhomepronews.com/grumpy-economist-cochrane-sun-communities-sui-favorable-demand-drivers-with-supply-constraints-investor-data-yields-quick-case-study-in-buffett-moat/ Several of the illustrations shown in this report can be opened in many browsers to reveal a larger size. To open this picture, click the image once. When the window opens, click it again to reveal the larger size photo.

Reports like the ones above, per our insider sources, are among those that have attracted and kept federal officials and MHI-corporate leaders and their attorneys as regular readers of MHProNews and our MHLivingNews sister site.


MHVille Fear, Foibles, Folly and Fraud and More

Fear is often paralyzing. Habits and trust that are misplaced are possible foibles that can contribute to the status quo. Additionally, ego is a factor – because some who placed their trust in suspect corporate and/or association entities may find that they misplaced that trust. Ego can lead to denial when it is facts, evidence, and common sense – not ego – that should drive good or prudent business decisions.

For some years, MHProNews has meticulously laid out the evidence for various ways that aspects of the U.S. economy in general, or manufactured housing in particular, can be impacted by political, capital access, regulatory and other processes.

One possible lesson from this legal review?

‘White hat’ manufactured home professionals have potentially fertile common ground with consumers who already own, or may desire, manufactured homes as the most proven affordable housing option in modern American history.

Even a relatively small number of firms could get the ball rolling on either criminal and/or civil claims against those who have apparently manipulated the manufactured housing market.

Without naming names, Martin “Marty” Lavin, J.D., – a former longtime Manufactured Housing Institute (MHI) member himself who won one of the organization’s most prestigious awards – has made very specific statements that could become relevant in a legal action.


It is not only MHProNews, but past and present MHI members that have accused the trade group of treacherous behavior that favors the few instead of the interests of consumers and the many. https://www.manufacturedhomepronews.com/witchs-brew-of-predatory-practices-longtime-mhi-member-attorney-marty-lavin-rips-manufactured-housing-institute-exposes-duty-to-serve-financing-stonewall/

When MHI and/or their corporate insiders and attorneys have been asked about these concerns, they have routinely declined comment. One possible reason why they remain silent is because whatever they say might easily be refuted and thus makes them look worse than they already do.

When MHARR leaders like Mark Weiss and Danny Ghorbani routinely point the finger at various failures of MHI and their corporate masters, they do not explicitly do so with these types of legal issues in mind. Rather, they do so to educate and inform the industry as to what has kept the entire profession underperforming throughout the 21st century, despite favorable federal laws being passed in 2000 and 2008. MHARR theme seems to be that MHI should ‘do its claimed job.’ Quite so.




Additionally, MHARR points out how public officials are seemingly failing in their duty to enforce various laws properly. This is a valuable role that MHARR is playing, given that they are production – not a post-production – trade group.

MHARR has also long encouraged the formation of a post-production trade organization that would do what MHI is abdicating. But as MHProNews’ Masthead analyses previously noted, MHI isn’t just posturing without doing. They appear to be actively giving cover to the industry’s consolidators. In doing so, they provide messaging that could be viewed as violating federal laws.

Articles and analysis like this one provides the MHI supplied evidence that they posture and make bold claims that routinely fail to obtain their claimed result. Yet, key MHI members continue to extol them, as if they are doing a fine job. The apparent pattern is that by posturing efforts without delivering, the industry continues to underperform which makes consolidation easier. If so, that is an apparent violation of one or more federal laws. https://www.manufacturedhomepronews.com/masthead/wrath-of-khan-critical-time-supportmanufactured-housing-industry-says-manufactured-housing-institute-claims-protecting-your-business-and-expand/

Against that backdrop, the following possible related legal insights should be kept in mind.


RICO is defined by left-leaning Wikipedia as: “Racketeer Influenced and Corrupt Organizations Act is a United States federal law that provides for extended criminal penalties and a civil cause of action for acts performed as part of an ongoing criminal organization.” While the RICO law was originally seen as a tool against organized crime, it has been deployed against other organizations that may not been normally be considered a form of organized crime which have acted in an illicit fashion. According to the U.S. Justice Department website: “It is unlawful for anyone employed by or associated with any enterprise engaged in, or the activities of which affect, interstate or foreign commerce, to conduct or participate, directly or indirectly, in the conduct of such enterprise’s affairs through a pattern of racketeering activity or collection of unlawful debt. 18 U.S.C.A. § 1962(c) (West 1984).” …

Justice goes on to say that: “A more expansive view holds that in order to be found guilty of violating the RICO statute, the government must prove beyond a reasonable doubt: (1) that an enterprise existed; (2) that the enterprise affected interstate commerce; (3) that the defendant was associated with or employed by the enterprise; (4) that the defendant engaged in a pattern of racketeering activity; and (5) that the defendant conducted or participated in the conduct of the enterprise through that pattern of racketeering activity through the commission of at least two acts of racketeering activity as set forth in the indictment. United States v. Phillips, 664 F. 2d 971, 1011 (5th Cir. Unit B Dec. 1981), cert. denied, 457 U.S. 1136, 102 S. Ct. 1265, 73 L. Ed. 2d 1354 (1982).”

Justice.gov continues (highlighting added by MHProNews)

  • “An “enterprise” is defined as including any individual, partnership, corporation, association, or other legal entity, and any union or group of individuals associated in fact although not a legal entity. 18 U.S.C.A. §  1961(4) (West 1984). Many courts have noted that Congress mandated a liberal construction of the RICO statute in order to effectuate its remedial purposes by holding that the term “enterprise” has an expansive statutory definition. United States v. Delano, 825 F. Supp. 534, 538-39 (W.D.N.Y. 1993), aff’d in part, rev’d in part, 55 F. 3d 720 (2d Cir. 1995), cases cited therein.”
  • “”Pattern of racketeering activity” requires at least two acts of racketeering activity committed within ten years of each other. 18 U.S.C.A. § 1961(5) (West 1984). Congress intended a fairly flexible concept of a pattern in mind. J., Inc. v. Northwestern Bell Tel. Co., 492 U.S. 229, 239, 109 S. Ct. 2893, 2900, 106 L. Ed. 2d 195 (1989). The government must show that the racketeering predicates are related, and that they amount to or pose a threat of continued criminal activity. Id.Racketeering predicates are related if they have the same or similar purposes, results, participants, victims, or methods of commission, or otherwise are interrelated by distinguishing characteristics and are not isolated events. Id. at 240, 109 S. Ct. at 2901; Ticor Title Ins. Co. v. Florida, 937 F. 2d 447, 450 (9th Cir. 1991). Furthermore, the degree in which these factors establish a pattern may depend on the degree of proximity, or any similarities in goals or methodology, or the number of repetitions. United States v. Indelicato, 865 F. 2d 1370, 1382 (2d Cir.), cert. denied, 493 U.S. 811, 110 S. Ct. 56, 107 L. Ed. 2d 24 (1989).”

Attorney, instructor, and author “Jeffrey E. Grell is the author of Grell on RICO, which Jeff developed for use in teaching his class at the University of Minnesota.” His RICOact.com website says about timely legal action: “Congress failed to include either a criminal or civil statute of limitations when it passed the RICO Act. Congress’ oversight was easily remedied with regard to the criminal statute of limitations. Title 18, section 3282 of the U.S. Code is the “catch-all” statute of limitation for federal crimes. It states that “no person shall be prosecuted . . . unless the indictment is found or the information is instituted within five years next after such offense shall have been committed.” With regard to criminal prosecutions, it is generally held that a prosecution is timely so long as the defendant has committed one predicate act (that forms part of the pattern for which he is being prosecuted) within five years or less of the indictment. See United States v. Darden, 70 F.3d 1507, 1525 (8th Cir. 1995).”

Says Grell: “RICO’s missing statute of limitations was more problematic with regard to civil claims. First, there is no “catch-all” limitations period applicable to civil claims established by Congress. Second, assuming civil RICO claims are subject to a statute of limitations, when does the statute of limitations begin to run? Does it run with the first predicate act or the last predicate act? Does it re-start with each new predicate act committed by the defendant? Does it run when the plaintiff is injured? What if the plaintiff is unaware of its injury? Is the running of the statute of limitations then postponed until after the plaintiff discovered its injury? Until the United States Supreme Court provided direction, all of these questions presented tremendous problems for the courts confronting statute of limitations defenses under the RICO Act.”


Sherman Antitrust Act

Briefly, the Sherman act provides potential criminal penalties that include prison for market manipulation that is proven.  All such matters begin with fact and evidence-based allegations that are support by common sense applications of the law to the evidence.

https://www.manufacturedhomepronews.com/no-kings-in-america-john-sherman-speaks-to-manufactured-housing/Note: depending on your browser or device, many images in this report can be clicked to expand. Click the image and follow the prompts. To return to this page, use your back key, escape or follow the prompts.


Summing Up

Ideally, what should occur is a small but authentically committed group of manufactured home independents, perhaps in conjunction with properly informed and motivated manufactured home residents, could forge an alliance that could lead to pressing public officials into proper action. Such a group could also be used to promote and educate the public at large. They might create a bright line distinction between MHI’s so-called “predatory” members and that of the rest of the industry.


MHARR has signaled that they have a white paper coming on manufactured housing.

Additionally, MHARR’s founding president and senior advisor has spoken out about evidence of MHI’s seemingly deliberate pattern of subverting the industry’s interests with respect to the DOE energy rule.

Manufactured Housing Institute Leaders-Lawyers Asked About Explosive Allegations by Nonprofit Veteran on High Profile MH Industry Threat; Exclusive Q&A Claims Downturn Less Than 1 Year Away if MHI Fails

While it is possible that MHI, for whatever motivation, may finally step up and do what has been obviously needed for years.

The SEC legal action against Cavco may or may not lead to other parallel federal legal cases. But what they have done, as has this latest Theranos fraud conviction, reminded the industry that when people of good will hang tough and press their rights – some measure of justice can be obtained. It seems far better to press for the defense of all legitimate independents/smaller businesses, employees, and consumers rights. Related issues are planned in the days ahead that will reflect how positive, pro-active step to make justice achievable are planned in the days ahead. Stay tuned.



MHProNews spotlights granular issues in manufactured housing, but also takes a periodic look at macro issues too. This is to set the concerns of our industry into a broader context. In order to solve our industry’s problems, good existing laws must be properly enforced. There is no
need to wait years for legislation that in the past has often led to little or no discernable benefit. https://www.wnd.com/2021/05/solution-big-tech-oligarchs/

Next up is our daily business news recap of yesterday evening’s market report, related left-right headlines, and manufactured housing connected equities.

The Business Daily Manufactured Home Industry Connected Stock Market Updates.  Plus, Market Moving Left leaning CNN and Right-leaning (Newsmax) Headlines Snapshot. While the layout of this daily business report has been evolving over time, several elements of the basic concepts used previously are still the same. For instance. The headlines that follow below can be reviewed at a glance to save time while providing insights across the left-right media divide. Additionally, those headlines often provide clues as to possible ‘market-moving’ news items.


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

“In the business world, the rear-view mirror is always clearer than the windshield.” – Warren Buffett. That begs a key question. Why don’t more people LOOK at the rearview mirror so they can learn more about the patterns that influence what’s ahead? Note: depending on your browser or device, many images in this report can be clicked to expand. Click the image and follow the prompts. To return to this page, use your back key, escape or follow the prompts.
The Washington Examiner said that a historic record 88 percent now thinks that the U.S. is on the wrong track under Biden. As the value of the dollar erodes, that impact should be considered when looking at stock market performance. Note: depending on your browser or device, many images in this report can be clicked to expand. Click the image and follow the prompts. To return to this page, use your back key, escape or follow the prompts.

Headlines from left-of-center CNN Business – from the evening of 7.7.2022

  • Triple pay for pilots
  • An American Eagle and American Airlines plane sits on the tarmac at Ronald Reagan Washington National Airport in Arlington, Virginia, on July 2, 2022.
  • American Airlines is taking drastic steps after a scheduling glitch left thousands of flights without pilots
  • Former Theranos COO Sunny Balwani is guilty of federal fraud
  • The rise and fall of Theranos: A timeline
  • Mortgage rates see largest decline since 2008
  • The balance of power is shifting in the tech industry
  • GameStop shares are about to get much cheaper
  • Cotton’s plunge: Recession warning or just another market mess?
  • World’s fifth largest economy is in crisis as Boris Johnson prepares to depart
  • Opinion: 4 ways governments can encourage businesses to meaningfully lower their carbon emissions
  • Red flag: Consumers are using Buy Now, Pay Later to cover everyday expenses
  • This nuclear reactor could be a game changer for the climate crisis
  • Rivian’s new SUV is great, but it’ll face tough competition
  • Job candidates wait for an interview to apply for health care positions at the L.A. Care Health Plan job fair at its offices in downtown Los Angeles, Saturday, May 21, 2022.
  • Friday’s jobs report could be telling as recession worries mount
  • Araneus mitificus, commonly known as the kidney garden spider or pale orb weaver, Satara, Maharashtra, India.
  • Pringles wants this spider named after it
  • Tesla and SpaceX CEO Elon Musk arrives on the red carpet for the Axel Springer media award in Berlin on Dec. 1, 2020.
  • Elon Musk reportedly had twins with a Neuralink executive
  • Station attendant, George Samaniego, pumps gas at an Exxon gas station in Jersey City, New Jersey, Thursday, October 28, 2004.
  • Why New Jersey and Oregon still don’t let you pump your own gas
  • The surprising reason supermarkets sell flowers
  • We are addicted to using Q-tips the wrong way
  • Activia: From digestive aid to trendy wellness brand
  • Why Amazon makes you click a box to redeem coupons
  • A Grubhub delivery person checks his phone during the coronavirus pandemic on May 3, 2020 in New York City.
  • Amazon partners with Grubhub to offer Prime customers meal delivery perks
  • Microsoft’s Activision Blizzard deal raises challenges
  • JetBlue increases offer for Spirit Airlines
  • SpaceX gets approval to bring Starlink to airplanes
  • Coke teamed up with this DJ for a new flavor

Headlines from right-of-center Newsmax 7.7.2022

  • RNC Looks to Build Momentum Amid Talk of a Coming ‘Red Wave’
  • UK’s Boris Johnson Resigns
  • WH: Johnson Exit Shouldn’t Affect UK’s Ukraine Support
  • The Right Aims to Take Back Conservative Party After Johnson’s Exit
  • Scandal-Ridden Boris Johnson Resigns as UK Prime Minister
  • Nigel Farage to Newsmax: Dishonesty, Sex Scandal Brought Johnson Down | video
  • Conservatives: Replace ‘Toxic’ Johnson Immediately
  • Angry and Isolated, Boris Johnson Lost His Popular Touch
  • Possible Boris Johnson Replacements
  • Kremlin on Johnson: We Don’t Like Him Either
  • UK’s Opposition Leader Calls for ‘Fresh Start for Britain’
  • From Brexit to Partygate, a Timeline of Johnson’s Career
  • More UK’s Boris Johnson Resigns
  • Russian Invasion of Ukraine
  • Putin to Ukraine: Russia Has Barely Started Its Action
  • Graham, Blumenthal Meet With Zelenskyy in War-Torn Kyiv
  • Zelenskyy Says Western Weapons Making a Difference
  • WH: Boris Johnson Resignation Shouldn’t Affect UK’s Ukraine Support
  • Russian Missile Hits Tanker Drifting in Black Sea, Ukraine Says
  • Ukraine Battles to Push Back Russian Advance in N Donetsk
  • 7 Killed in Ukraine as Russia Pounds Rebel-Claimed Province
  • Video Report: Ukraine Says Russia Stealing Resources from Occupied Areas
  • More Russian Invasion of Ukraine
  • Newsmax TV
  • Fallon: What Cipollone Will Say Scares 1/6 Panel
  • Hern: Biden, Dems Ignore Push on Unemployment Fraud | video
  • Nile Gardiner: Stakes High on Boris Johnson’s Replacement | video
  • West Virginia AG: EPA Never Had Authority Before SCOTUS Ruling | video
  • Nigel Farage: Dishonesty, Sex Scandal Brought Johnson Down | video
  • Kari Lake: US Seeing ‘Largest Invasion’ at Mexico Border | video
  • Lieberman: Dems Should Avoid Far-Left Presidential Pick | video
  • Newsfront
  • Report: Biden White House Lost Over 80 Staffers in First Year
  • The White House this year lost more than 80 staffers who worked there during President Joe Biden’s first year in office, far above the number who left during the same period of his predecessors’ terms…. [Full Story]
  • Video Report: Pope Pushes to Give Roles to Women in Church
  • On Thursday’s “Wake Up America,” Alex Salvi shares details on Pope [Full Story]
  • Microbes Frozen in Tibetan Ice Could Create New Pandemics If Released
  • Researchers at the Chinese Academy of Scientists say they have [Full Story]
  • Politicians Focus on Highland Park, Ignore Chicago Bloodshed
  • As the mass shooting in Highland Park, Ill. dominates headlines and [Full Story] | Platinum Article
  • Report: Some Big-Name Dems Jostling for Position Should Biden Bow Out
  • Some big-name Democrats are positioning themselves for a potential [Full Story]
  • Boris Johnson Resigns as UK Prime Minister
  • British Prime Minister Boris Johnson said it is “clearly the will” of [Full Story]
  • Video Report: Newsom Hits DeSantis, Then Visits Montana
  • California Gov. Gavin Newsom is facing criticism for vacationing in [Full Story]
  • Soccer’s US Popularity Soars, World Cup Expected to Be ‘Monthlong Party’
  • When soccer’s biggest showdown returns to America for the first time [Full Story] | Platinum Article
  • Graham, Blumenthal Meet With Zelenskyy in War-Torn Kyiv
  • Lindsey Graham, R-S.C., and Richard Blumenthal, D-Conn. met [Full Story]
  • ‘Godfather’ Actor James Caan Dead at 82
  • James Caan, the curly-haired tough guy known to movie fans as the [Full Story]
  • Video Report: What Biden Did With Oil Reserves Will Shock You
  • Over 5 million barrels of oil from U.S. emergency oil reserves [Full Story]
  • Peter Morici to Newsmax: Biden Right in Part on Blaming Putin, Ukraine
  • Rafael Nadal Pulls Out of Wimbledon With Abdominal Tear
  • Rafael Nadal has withdrawn from Wimbledon due to an abdominal injury [Full Story]
  • New CEO Over CNN Promises Channel for ‘Republicans, Democrats’
  • Warner Bros. Discovery CEO David Zaslav says CNN will be renewing its [Full Story]
  • Florida Government is Giving Homeowners Solar Panels.
  • Solar Sesame
  • Texas Abortion Provider Relocating to New Mexico After Roe V. Wade Ruling
  • A Texas clinic specializing in abortion care will be moving its four [Full Story]
  • Report: Debra Messing, Others ‘Fed Up’ With Biden on Abortion
  • Former “Will & Grace” Debra Messing star expressed frustration at [Full Story]
  • Gallup: Record-Low 20 Percent of Americans Believe Bible Is Literal Word of God
  • A record-low 20% of Americans now believe the Bible is the literal [Full Story]
  • Arizona Gov. Ducey Backs Karrin Taylor Robson to Replace Him
  • Arizona Gov. Doug Ducey announced his endorsement forKarrin Taylor [Full Story]
  • House GOP Members Ponder National Abortion Law Options
  • House Republicans are contemplating what kind of national abortion [Full Story]
  • US ICBM Test Missile Explodes 11 Seconds After Launch
  • An unarmed Minotaur II+ intercontinental ballistic missile [Full Story]
  • Twitter Removes Over 1M Spam Accounts Every Day
  • Twitter removes over 1 million spam accounts each day, executives [Full Story]
  • Mick Mulvaney: ‘I Don’t Believe’ Liz Cheney
  • Mick Mulvaney, former President Donald Trump’s one-time chief of [Full Story]
  • Illinois State Police Launch Criminal Probe of Confessed Parade Shooter’s Father
  • Illinois State Police say there will be a criminal investigation into [Full Story]
  • Related
  • Police: Illinois Shooting Suspect Bought Guns After Father Sponsored Permit
  • Fallon to Newsmax: Parade Massacre ‘Could Have Been Prevented’ |video
  • Accused Parade Shooter’s Parents Call Killings ‘Terrible Tragedy’ for All
  • Authorities: Illinois Mass Shooting Suspect Confessed. Eyed 2nd Attack
  • Trump Regains Lead Over DeSantis in 2024 Prediction Market
  • Former President Donald Trump has moved ahead of Florida GOP Gov. Ron [Full Story]
  • NYC Underreported Ferry Costs by $224M Under de Blasio
  • Former New York City Mayor Bill de Blasios administration [Full Story]
  • Israel Asks Saudis to Let Mecca Pilgrims Fly Direct From Tel Aviv
  • Israel’s regional cooperation minister said on Thursday that he had [Full Story]
  • S. Trade Deficit Narrows in May; Exports Hit Record High
  • The U.S. trade deficit narrowed in May as slowing domestic demand [Full Story]
  • More Americans Apply for Jobless Aid for 5th Straight Week
  • More Americans applied for unemployment benefits last week and while [Full Story]
  • UK Warship Seizes Advanced Iranian Missiles Bound for Yemen
  • A British Royal Navy vessel seized a sophisticated shipment of [Full Story]
  • WHO: Monkeypox Cases Rise 77 Percent in Latest Weekly Count
  • The World Health Organization on Thursday reported a 77% weekly [Full Story]
  • Trump: Cipollone Testimony Ominous for Future Presidents
  • Former President Donald Trump warned of serious fallout after news [Full Story]
  • Related
  • Ex-Trump WH Counsel Cipollone to Be Interviewed by Jan. 6 Panel
  • Finance
  • More Americans Apply for Jobless Aid for 5th Straight Week
  • More Americans applied for unemployment benefits last week and while layoffs remain low, it was the fifth consecutive week that claims topped the 230,000 mark…. [Full Story]
  • Former Theranos Exec Ramesh Balwani Convicted of Fraud
  • Trevor Gerszt: On Inflation, Can the US Learn From Zimbabwe?
  • Fed Must be Aggressive on Rate Hikes: Waller
  • With US Dollar Nearly Equal to Euro, Impact Is Being Felt
  • Health
  • Report: COVID-19 Third Leading Cause of Death in US in ’20, ’21
  • The novel coronavirus was the third leading cause of death in the U.S. in 2020 and 2021, accounting for 350,000 deaths, according to national death certificate data reviewed by the Journal of the American Medical Association…. [Full Story]
  • New Research Finds Feeling ‘Hangry’ is a Real Phenomenon
  • Cancer Drug Halves Death Risk in Hospitalized COVID Patients
  • Study: ADHD Meds Effective Against Alzheimer’s Symptoms
  • Study: Uterus Transplants Allow Successful Pregnancies in US Women


MHProNews has pioneered in our profession several reporting elements that keep our regular and attentive readers as arguably the best informed in the manufactured housing industry. Among the items shared after ‘every business day’ (when markets are open) is our left-right headline recap summary. At a glance in two to three minutes, key ‘market moving’ news items are covered from left-of-center CNN Business and right-of-center Newsmax. “We Provide, You Decide.” © Additionally, MHProNews provides expert commentary and analysis on the issues that others can’t or won’t cover that help explain why manufactured housing has been underperforming during the Berkshire era while an affordable housing crisis and hundreds of thousands of homeless in America rages on. These are “Industry News, Tips, and Views Pros Can Use© features and others made and kept us the runaway #1 in manufactured housing trade publisher for a dozen years and counting. 

If it is true, then it isn’t necessarily bragging. By checking the facts and following the money trail, even on controversial topics, MHProNews has provided reports and analysis that stand the test of time. While others – including various examples from mainstream media – have published reports that later need to be corrected or modified in significant ways, reports on MHProNews in recent years have provided a routinely dependable resource for reliable information, analysis, and evidence-based ‘logical’ commentary. There is simply nothing else like it, which is why we have been and remain the #1, despite coverage that often vexes the powers that be in manufactured housing.


Manufactured Housing Industry Investments Connected Equities Closing 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.

Manufactured Home Communities (a.k.a. ‘Mobile Home Parks’ – SIC) – Exploring UMH Properties; Fellow Manufactured Housing Institute Member Yes! Communities Suits and Settlements; plus MH Markets Updates

‘Announcing!’ ‘Manufactured Community Owners’ Association of America’ ‘Finally Bringing Fight To Manufactured Home Community Sector of the Industry’ – plus Sunday Weekly Manufactured Housing Headlines Review  

NOTE: An update has been linked from this post that includes a reply from Leo Poggione. https://www.manufacturedhomepronews.com/leo-poggione-craftsman-homes-manufactured-housing-institute-chairman-back-story-on-cavco-industries-consumer-affairs-for-a-house-customers-better-business-bureau-claim/
In instances such as Apollo, Berkshire Hathaway, Blackstone or others, manufactured housing may only be part of their corporate interests. Note: depending on your browser or device, many images in this report can be clicked to expand. Click the image and follow the prompts. To return to this page, use your back key, escape or follow the prompts.
    • 2022 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 have completed over a dozen years of serving the industry as the runaway most-read trade media.HowardWalkerEmergenceOfTonyKovachsPublicationsProfessionalsFilledVacuumDailyBusinessNewsMHProNews-575x399

Sample Kudos over the years…

It is now 12+ years and counting

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

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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.)

All on Capitol Hill were welcoming and interested in manufactured housing related issues. But Congressman Al Green’s office was tremendous in their hospitality. Our son’s hand is on a package that included a copy of the Constitution of the United States and other goodies. Tamas has grown considerably since this photo was taken. 

By L.A. “Tony” Kovach – for MHProNews.
Tony earned a journalism scholarship along with numerous awards in history. There have been several awards and honors and also recognition 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.






mas kovach mhpronews shopping with soheyla .jp

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