The insults and allegations against President Donald J. Trump’s Saturday executive orders are coming in at a steady clip.

That is certainly the case with the executive order (EO) that seeks to stave off certain evictions.

What even Trump-supporters might acknowledge is that the EOs risk legal challenges. How that plays out is far from certain. That said, it must also be noted that former President Obama used EOs that had questionable constitutionality too.

Without taking sides on the issue, it is fair to say that the Trump Administration is now clearly negotiating publicly via these 4 EOs with House Democrats and their party’s leadership. House Speaker Nancy Pelosi (CA-D) had weeks to come to an agreement on a bill that would prevent enhanced unemployment benefits ending or that could have stopped evictions. There is word that Democrats may now be willing to come back to the table. Time will tell.

That noted, tonight’s featured focus is the back and forth about how effective the EO on evictions might be.  As left-of-center CNBC indicated deeper into their story, it may only have effectiveness in specific cases. That seems accurate enough. HUD and the White House have weighed in, much more found further below on this issue that could impact millions, along with untold thousands of landlords.

Those headlines precede the featured focus segment of this evening’s market report. That is found beyond the left-right headline news bullets and 2 of our 3 market snapshots at the close today.

The manufactured housing industry connected stocks are near the end of the report each evening, after the featured focus and the related/recent report links.

 

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

 

 

 

 

Headlines from left-of-center CNN Business

• A blow to the gig economy
• Rideshare drivers demonstrate against rideshare companies Uber and Lyft during a car caravan protest on August 6, 2020 in Los Angeles. – The drivers, organized by the Mobile Workers Alliance and Rideshare Drivers United unions, say Uber and Lyft’s are pushing a “deceptive” November ballot initiative, which, if passed, they claim would “rewrite labor law” and turn app-based drivers into independent contractors, exempting companies such as Lyft and Uber from standard wage and hour restrictions.
• Uber and Lyft must reclassify California drivers as employees, court rules
• Kodak stock sinks after a $765 million loan from the US is put on hold
• Amazon may replace old JCPenney and Sears stores at malls to speed up your deliveries
• Will Richard Branson ever be Richard Branson again?
• The truth about TikTok’s security threat
• McDonald’s is suing its ousted CEO for lying about sexual relationships with employees
• Barry Diller’s IAC rolls dice with $1 billion stake in casino giant MGM
• Food Network chef: How restaurants can survive the pandemic
• One of India’s biggest food delivery companies has introduced period leave
• Stelter: Trump has taken up residence at his own Potemkin Village
• Content by LendingTree
• Refi rates at 2.47% APR (15 yr). Do you qualify?
• Halloween candy on display at a New York supermarket in September 2019.
• Trick-or-treating is in doubt this year, so Halloween candy is coming early
• Nikola has found the first customer for its garbage truck.
• Nikola stock surges on deal for garbage truck no one’s seen publicly
• People carry Foot Locker bags outside Macy's Herald Square as the city moves into Phase 2 of re-opening following restrictions imposed to curb the coronavirus pandemic on June 23, 2020 in New York City. Phase 2 permits the reopening of offices, in-store retail, outdoor dining, barbers and beauty parlors and numerous other businesses. Phase 2 is the second of four-phased stages designated by the state.
• People are spending their stimulus on sneakers
• MARKETS
• WORKING PARENTS
• Shannon Urban
• They’re executives, moms and recovering alcoholics. How they cope
• Some parents will stop working if schools don’t reopen
• Without childcare, it will be a rough road to recovery
• The pandemic threatens to erase women’s progress
• This company opened a daycare for its working parents
• IN SPACE
• NASA administrator Jim Bridenstine and Elon Musk shake hands in front of Crew Dragon cleanroom at SpaceX Headquarters in Hawthorne, California on October 10, 2019.
• How SpaceX and NASA overcame a bitter culture clash
• See the prototype for Elon Musk’s Mars rocket
• Virgin Galactic’s rocket plane to bring tourists into space
• Historica NASA-SpaceX mission splashes down
• SpaceX and ULA win military launch competition worth $653 million — and that’s just the start

Headlines from right-of-center Fox Business

• MARKETS
• Trump touts new potential tax cuts
• President says he’s considering cutting taxes for middle-income families during the coronavirus pandemic.
• Pence calls on Congress to reach coronavirus stimulus deal that ‘puts Americans first’
• PPP responsible for ‘majority’ of jobs created since May, SBA administrator says
• MEDIA
• Company begins massive layoffs, here’s how many received pink slips
• ECONOMY
• Ex-Atlanta Federal Reserve Bank chief calls Trump relief orders ‘helpful’ but only if…
• POLITICS
• Mnuchin hints at stimulus agreement, says Dems are ‘willing to compromise’
• Trump’s executive orders give Congress new deadline: Goldman Sachs
• OPINION
• 3 things you should do with your money right now
• CLEANING UP
• LIFESTYLE
• Clorox CEO-elect says company is making 1 million wipes packages a day
• DEAD LIFTS
• LIFESTYLE
• Joe Piscopo warns NJ gyms will go out of business thanks to Gov Murphy
• LEARNING THE HARD WAY
• LIFESTYLE
• New guilty plea in college admissions scandal
• CRYSTAL BALL
• MARKETS
• Wall Street investors consult tarot card reader for investment advice
• UNEARNED RUN
• SPORTS
• MLB salaries during coronavirus pandemic hit 24-year low: report
• ‘NEW POLICY’
• TRAVEL
• Major hotel chain announces update to mask requirement
• TOO GOOD TO BE TRUE?
• LIFESTYLE
• ‘TONY HAWK BURRITO’
• LIFESTYLE
• Skater superstar teams up with Chipotle
• DEADLY BLAST
• NEWS
• Major gas explosion levels Baltimore homes, at least 1 person killed
• MOVING TO MARKET
• HEALTH CARE TECH
• Gilead files US marketing application for experimental coronavirus drug
• WHAT WE KNOW
• MONEY
• Will Americans get a second $1,200 stimulus check?
• DAY IN THE SUN
• MONEY
• Sales of these summer staples soar during pandemic’s hottest months
• LIFESTYLE
• Bike shortage caused by coronavirus pandemic likely to spin through 2021, some retailers say
• ECONOMY
• Mall owner Simon Property sees revenue drop from pandemic
• ENERGY
• Connecticut power outages after Isaias spur calls by lawmakers for Eversource CEO to resign
• LIFESTYLE
• Bubble house has nature views and movies under the stars, pictures reveal
• LIFESTYLE
• Chief medical officers in high demand amid pandemic, range of sectors seeking health expertise: report
• MARKETS
• Stocks extend winning streak to 7 days as Trump signs executive orders for coronavirus relief
• MARKETS
• TikTok’s parent company ByteDance moves back into Hong Kong market
• MARKETS
• Robinhood to stop sharing app’s popular stocks
• S.
• Chicago looting triggers over 100 arrests, 13 officers hurt as mayor warns criminals: ‘We are coming for you’
• SPORTS
• Major college football programs could lose billions from canceled season
• OPINION
• Trump’s latest stimulus move brilliantly flips the table on Pelosi, Democrats
• ECONOMY
• How many Americans likely won’t be able to afford this month’s rent
• CARS
• Feds investigating reports of fires starting inside popular minivans
• LEGAL
• McDonald’s: Former CEO had sexual relations with staffers, erased evidence
• TECHNOLOGY
• NYC’s transit agency to Apple: Let riders unlock phones while keeping masks on
• MONEY
• Another coronavirus victim’s relatives sue Tyson Foods over outbreak in plant
• CRIME
• Portland rioters launch fireworks at police, injuring 2; 16 arrested amid late-night violence
• BUSINESS LEADERS
• Goya CEO was almost canned amid Trump flap, then his sisters stepped in
• SCIENCE
• Rare, deadly Russell’s viper snake with two heads spotted in India
• MARKETS
• Marriott ‘profoundly impacted’ by virus crisis, revenue plunges in massive loss

 

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

Featured Focus –
Where Business, Politics and Investing Can Meet

“It creates the impression that something was done when in fact nothing was done,” said John Pollock, coordinator of the National Coalition for a Civil Right to Counsel, about President Trump’s executive order, per left-of-center CNBC.

Per CNBC

• After negotiations on another stimulus package all but collapsed in Congress last week, Trump issued a number of executive orders over the weekend on relief measures of his own. The action has already been called unconstitutional, and housing experts say that what’s being billed as an eviction moratorium is really just a few recommendations that will not actually do much, if anything, to keep renters in their homes.
•  “It’s toothless, at best,” said Peggy Bailey, vice president of housing policy at the Center on Budget Policies and Priorities. The memorandum merely directs federal agencies to “consider” measures to prevent evictions, Bailey said. The National Low Income Housing Coalition called the order “Trump’s empty shell of a promise to renters.”

There was more like that, but that stands in contrast with the substantive action taken on behalf of potentially millions by HUD through this action in the wake of the E.O. today.

 

HUD AWARDS $472 MILLION TO PUBLIC HOUSING AUTHORITIES TO HELP KEEP RESIDENTS HOUSED
CARES Act Funding provides additional funding to public housing authorities

WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced $472 million in CARES Act funding to help low income families during the coronavirus pandemic. This funding can be used by Public Housing Authorities to help families assisted by Housing Choice Vouchers (HCV) and Mainstream vouchers prevent, prepare for and respond to the coronavirus. The funding, made available by the CARES Act legislation President Trump signed into law on March 27, 2020, will be awarded to Public Housing Authorities across the Nation. See the local impact of the housing assistance announced today.

“This funding will provide additional resources to public housing authorities to make sure people have a decent, safe, and affordable place to call home,” said HUD Secretary Ben Carson. ” HUD continues to work with our public housing authorities to protect American families from this invisible enemy, including vulnerable residents in the Housing Choice Voucher Program. ”

“These new funds are important and will go a long way to help low-income residents secure and retain affordable housing during this unprecedented time,” said Hunter Kurtz, Assistant Secretary for Public and Indian Housing. ”

The Housing Choice Voucher Program (HCV) includes the Mainstream Program which provides tenant-based vouchers that serve low-income households.

The eligible coronavirus-related activities include, but are not limited to, the following:

• Procuring cleaning supplies and/or services to maintain safe and sanitary HCV units, including common areas of PHA-owned Project Based Voucher (PBV) projects.
• Relocation of participating families to health units or other designated units for testing, hospitalization, or quarantine, or transportation to these locations to limit the exposure that could be caused by using mass transportation.
• Additional costs to supportive services vendors incurred due to coronavirus.
• Costs to retain or increase owner participation in the HCV Program, such as incentive or retention costs (e.g. the PHA offers owner an incentive payment to participate in recognition of added difficulties of making units available for HCV families to rent while stay-at-home orders or social distancing practices are in effect).
• Costs for providing childcare for the children of PHA staff that would not have otherwise been incurred (e.g. children are at home due to school closings, PHA staff are working outside of regular work schedules, etc).

For more information on HUD’s response to the novel coronavirus pandemic and the actions the Department has taken, please visit HUD.gov/coronavirus. Public Housing Authorities across the Nation have jumped into action to help assist their tenants and their communities during this unprecedented time. Read more about their stories featured in HUD’s Neighbors Helping Neighbors campaign, here.

##

HUD’s mission is to create strong, sustainable, inclusive communities and quality affordable homes for all.

###

This earlier this evening from the White House

The White House • August 10, 2020

Coronavirus response: President Trump vs. the Swamp

Democrats in Congress wasted extensive negotiations with Treasury Secretary Steven Mnuchin and White House Chief of Staff Mark Meadows about an expanded Coronavirus relief package. Democrat leaders were not only willing but determined to withhold vital assistance for families to use it as a political bargaining chip for their radical agenda.

Since Congress wouldn’t act to help the American people, President Trump did.

He issued four major executive actions over the weekend:

• The first provides out-of-work Americans with $400-per-week in supplemental aid on top of existing unemployment benefits.
• The second assists renters and homeowners who are struggling to pay their lease or make their mortgage payment.
• The third defers payroll taxes for employees making $100,000 or less per year through the end of the year.
• The fourth suspends federal student loan payments and sets interest rates to 0 percent through the end of the year.

Sadly, the Swamp’s dysfunction is nothing new. When the Coronavirus first reached our shores earlier this year, Congressional Democrats were busy playing another partisan game—a historic impeachment hoax that alleged no actual criminal violations by the President.

While Congress was mired in impeachment theater, President Trump responded to early information about the Coronavirus by creating a White House Task Force and restricting travel to the United States from China. At the time, both Democrats and the World Health Organization criticized the travel ban as unnecessary, even “xenophobic.”

Then, as soon as cases began to rise, President Trump released guidance to slow the spread of the disease. Dr. Anthony Fauci and Dr. Deborah Birx both attested to the fact that the President took serious action as soon as the data was presented to him.

Today’s third executive order provides for the continuation of expanded unemployment benefits. pic.twitter.com/SvMquVZzDM

— The White House (@WhiteHouse) August 8, 2020

 

Coronavirus response: President Trump vs. the Swamp Democrats in Congress wasted extensive negotiations with Treasury Secretary Steven Mnuchin and White House Chief of Staff Mark Meadows about an expanded Coronavirus relief package. Democrat leaders were not only willing but determined to withhold vital assistance for families to use it as a political bargaining chip for their radical agenda. Since Congress wouldn’t act to help the American people, President Trump did. He issued four major executive actions over the weekend: · The first provides out-of-work Americans with $400-per-week in supplemental aid on top of existing unemployment benefits. · The second assists renters and homeowners who are struggling to pay their lease or make their mortgage payment. · The third defers payroll taxes for employees making $100,000 or less per year through the end of the year. · The fourth suspends federal student loan payments and sets interest rates to 0 percent through the end of the year. Sadly, the Swamp’s dysfunction is nothing new. When the Coronavirus first reached our shores earlier this year, Congressional Democrats were busy playing another partisan game—a historic impeachment hoax that alleged no actual criminal violations by the President. While Congress was mired in impeachment theater, President Trump responded to early information about the Coronavirus by creating a White House Task Force and restricting travel to the United States from China. At the time, both Democrats and the World Health Organization criticized the travel ban as unnecessary, even “xenophobic.” Then, as soon as cases began to rise, President Trump released guidance to slow the spread of the disease. Dr. Anthony Fauci and Dr. Deborah Birx both attested to the fact that the President took serious action as soon as the data was presented to him. WATCH: Congressional Democrats stonewalled unemployment relief Later, while Democrats in Washington were wasting time using the global pandemic as a political weapon against Republicans, President Trump was leading the largest mobilization of U.S. industry since World War II. As a result, America built the world’s leading testing system from scratch—one that has now conducted over 65 million tests. President Trump knows the best strategy moving forward is to protect our most vulnerable populations, including seniors, while helping more communities to safely reopen. As regional Coronavirus hot spots have emerged, President Trump has surged resources to impacted areas while enabling us to prevent another nationwide shutdown. Never-ending lockdowns would hurt American workers, families, businesses, and schoolchildren. They threaten our most vulnerable communities and would worsen income and educational inequality. Starting in January, President Trump took actions to protect our homeland, our economy, and our workforce from the Coronavirus. Rather than join him in bipartisan cooperation, Democrats in Washington decided once again to put partisan politics over patriotism. Press Secretary: Politics as usual have no place during this pandemic. IN-DEPTH: President Trump’s historic Coronavirus response

Jobs numbers beat expectations for third month in a row

U.S. job numbers for the month of July came out on Friday, and once again they beat expert predictions—this time by nearly 300,000 jobs.

Nearly 2 million jobs were added last month in total. More than 9 million jobs have been added over the past three months, showing the resilience of the U.S. economy and marking the beginning of a Great American Comeback from the COVID-19 pandemic.

May, June, and July became “the single greatest three-month period of job creation in American history,” President Trump said on Friday. By comparison, it took well over four years for America to add 9 million jobs in the aftermath of the Great Recession.

Larry Kudlow: “We had another great month of jobs!”

READ: Encouraging signs for the Great American Comeback

###

It should be noted that the presidential EOs de facto rejected the MHI coalition stance.

President Trump Rejects Manufactured Housing Institute “Coalition” Plan Published in Politico, Analysis Plus Sunday Manufactured Home Headlines Review

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Mortgage Rates Hit Another Record Low, But Homes Still Less Affordable, Manufactured Home Opportunity? Plus, Manufactured Housing Investing, Stock Updates

Black Lives Matter – the Nonprofit, Black Lives Matter – the Slogan, Black Man Dies – the Costly and Deadly Reality 

Warren Buffett, George Soros, Jeff Bezos, Strategic Ally Bill Gates Rails Against “Outrageous” Free Speech from Dissenting Views to Gates Foundation, Dr. Fauci

Oxfam Report – “Pandemic Profiteers Exposed” – Small Businesses Slide or Fail as Giants Grow, Everyday People Harmed – ‘Usual Suspects’ Oxfam Names Include Ties to Bill Gates, Warren Buffett, George Soros

Terror Tactics 1960s-1999 vs 21st Century Terrorist Attacks – Cops, Shops, Workers, Christians, Believers vs Wall Street, Silicon Valley, Marxists, Atheists, Terrorists, Leftist Billionaires – Sunday Weekly Headline Review

Grapes of Wrath – Massive Foreclosure, Evictions Wave Looms, Threatens Housing, Usual Suspects-Gates, Buffett, Soros Lurk in Rigged System – Aspen Institute, COVID19 Eviction Project Plot

‘Stop Trump!’ Group Supported by Billionaires Soros, Buffett, Gates Vows to Defeat President Trump in 2020

The Party is Over, So What’s Next? Corruption and Evil Boils Down to This. Plus, Sunday Weekly Headlines Review

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).

 

Summer 2020…
Berkshire Hathaway is the parent company to Clayton Homes, 21^st 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 tenth anniversary and is in year 11 of publishing.

 

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.

2019 Year-End Totals Reveals Decline in New HUD Code Manufactured Home Production, Shipments vs. 2018

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.)

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.

LATonyKovach.