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Manufactured and Modular Housing News

News Reports: Housing news updates and reports for Manufactured Home and Modular Housing Industry professionals and investors. Business – daily fact checks, market reports, and analysis.

Legacy Housing’s “Kenny and Curt” COVID19 Document Leak, “World Class “Shuckers-and-Jivers”- Skyline Champion Revelation

LegacyHousingKennyCurtCOVID19DOcumentLeakWorldClassShcukersJiversSkylineChampionRevealationCurtisHodgsonKennyShipleyPhotoLegacyHousingLogoSkylineChampionLogoManufacturedHomeProNews

In the third paragraph of the 2.5 page memo from Legacy Housing co-founders Kenny Shipley and Curt Hodgson to their employees, the pair use this phrase. “We have always been world class “shuckers-and-jivers,” and we intend to shuck and jive right through this unprecedented crisis.”   Wikipedia says that “In …

Legacy Housing’s “Kenny and Curt” COVID19 Document Leak, “World Class “Shuckers-and-Jivers”- Skyline Champion Revelation Read More

SBA, Association Updates on PPP Small Business Loan Tips & Guidance, Treasury Secretary Steven Mnuchin Confirms Billions More Coming, plus Manufactured Home Investing, Stock Updates

SBAAssocUpdatesPPPSmallBusinessLoanTipsGuidanceTreasurySecretaryStevenMnuchinConfirmsBillionsMoreComingPlusManufacturedHomeInvestingStockUpdatesMHProNews

In an email to MHProNews, the Texas Manufactured Housing Association (TMHA) has provided added details and tips on the Paycheck Protection Loan (PPP) program for businesses with fewer than 500 employees. Additionally, Bloomberg, CNBC and others in media are reporting that following President Trump’s direction, Treasury Secretary Steven Mnuchin has …

SBA, Association Updates on PPP Small Business Loan Tips & Guidance, Treasury Secretary Steven Mnuchin Confirms Billions More Coming, plus Manufactured Home Investing, Stock Updates Read More

MHARR Warns-Not Just Factories, Retailers Need “Essential” Business Designation, plus Manufactured Home Stock, Investing Updates

MHARRWarnsNotJustFactoriesRetailersNeedEssentialBusinessDesignationPlusManufacturedHomeStockInvestingUpdates

It would be grand if the Manufactured Housing Institute and their “state affiliates” would spend the next days laser focused on getting retailers and other segments of the manufactured housing industry designated as “essential businesses.” Will that occur? Will state association and MHI do what’s necessary? Time will tell, and …

MHARR Warns-Not Just Factories, Retailers Need “Essential” Business Designation, plus Manufactured Home Stock, Investing Updates Read More

Legacy Housing’s “Warren Buffett Type Moat” and COVID19 Response Plan Assailed by Company Whistleblowers

LegacyHousingLogoWarrenBuffettTypeMoatCOVID19ResponsePlanAssailedByCompanyWhistleblowersManufacturedHomeProNews

  During their recent investor relations conference call Legacy Housing’s [LEGH] Chairman Curtis “Curt” Hodgson described his firm’s solid position in part by using the phrase that they had “a Warren Buffett type Moat.” MHProNews and our MHLivingNews sister site have carefully tracked and systematically explained what the Buffett “castle and moat” …

Legacy Housing’s “Warren Buffett Type Moat” and COVID19 Response Plan Assailed by Company Whistleblowers Read More

Whistleblower Tips! Industry News Fit to Print, plus Sunday Manufactured Housing Headlines Review 3.29 to 4.5.2020

WhisleblowerTipsIndustryNewsFitPrintPlusSundayManufacturedHousingHeadlinesReview3.29to4.5.2020ManufacturedHomeProNews

  The first item up today is a teaser for a looming report – one made possible by news tips by multiple corporate insiders. Those tips have been confirmed by a source in that organization’s management.   That’s an appropriate opportunity to mention the following.   There’s no other trade …

Whistleblower Tips! Industry News Fit to Print, plus Sunday Manufactured Housing Headlines Review 3.29 to 4.5.2020 Read More

February 2020, Latest National Manufactured Housing Production Data, MHI and MHARR Comparisons

February2020NationalManufacturedHousingProductionDataMHIandMHARRcomparisonsHUDCodeManufacturedHomeProNews

The news is relatively good, given the low baseline of the years since 2003 (see graphic further below) when Warren Buffett led Berkshire Hathaway bought Clayton Homes, Oakwood’s bankrupt business, and the associated lending such as Vanderbilt Mortgage and Finance or 21st Mortgage Corporation.  First, this report will look at …

February 2020, Latest National Manufactured Housing Production Data, MHI and MHARR Comparisons Read More

$20 Trillion COVID19 Suit Against China, Distinct Congressional Reps Letter Blames China, plus Manufactured Home Stock, Investing Updates

$20TrillionSuitAgainstChinaDistinctCongressionalRepsLetterBlamesChinaPlusManufacturedHomeStockInvestingUpdates

CBS News labeled the $20 trillion dollar class action lawsuit filed by Larry Klayman and the conservative Freedom Watch nonprofit in this fashion. “Researchers and public health experts have repeatedly shot down the conspiracy theory that the coronavirus was man-made, with studies showing it originated as an animal virus that eventually jumped to humans. …

$20 Trillion COVID19 Suit Against China, Distinct Congressional Reps Letter Blames China, plus Manufactured Home Stock, Investing Updates Read More

Bradenton Tropical Palms Manager Janet Nowakowski Accused of Violating ROC’s Millie Francis Religious Liberty – COVID19 Connection

BradentonTropicalPalmsManagerJanetNowakowskiAccusedViolatingROCsMillieFrancisReligiousLibertyCOVID19ConnectionManufacturedHomeProNews

The 2018-2019 battle between 80-something resident Millie Francis and Bradenton Tropical Palms manager Janet Nowakowski and others become national news over the outdoor religious display on the exterior of the resident owned community’s (ROC) shareholder’s home. After attorneys for Bradenton Tropical Palms (BTP) 55 plus community threatened legal action, the …

Bradenton Tropical Palms Manager Janet Nowakowski Accused of Violating ROC’s Millie Francis Religious Liberty – COVID19 Connection Read More

Special COVID19 Economic Data, Report and Projections from Marcus & Millichap, plus Manufactured Home Stock, Investing Updates

SpecialCOVID19EconomicDataReportProjectionsMarcusMillichapLogoHessamNadjiPhotoScottHolmesAlanPontiusJohnSebreeJohnChangPhotoManufacturedHomeStockInvestingUpdates

Before getting into the headline report in our featured focus segment further below, it is worth noting that reports are increasing that by the communist Chinese government and the World Health Organization (WHO) provided inadequate, inaccurate – and per U.S. intelligence – deliberately false information. Based on those increasing reports …

Special COVID19 Economic Data, Report and Projections from Marcus & Millichap, plus Manufactured Home Stock, Investing Updates Read More

Grotesque Failure – Ken Cashin, Nathan Smith Revealed Manufactured Housing Institute Fear of Manufactured Housing Association for Regulatory Reform’s Federal Arguments

GrotesqueFailureKenCashinNathanSmithPhotoRevealedManufacturedHousingInstituteLogoFearOfManufacturedHousingAssocRegulatoryReformLogoMHproNews

  “First things first. We get through the pandemic, then we turn on one another and start assigning blame. Alternatively, since we’re already doing what we can on the former, we start drawing lessons now…” – John Robson – Grotesque Failure: Preferring Communist China Over Democratic US, in Epoch Times. …

Grotesque Failure – Ken Cashin, Nathan Smith Revealed Manufactured Housing Institute Fear of Manufactured Housing Association for Regulatory Reform’s Federal Arguments Read More

New Data on Manufactured Housing and Market Index for March 2020, plus Manufactured Home Stock, Investor Updates

NewDataManufacturedHousingMarketIndexMarch2020PlusManufacturedHomeStockInvestorUpdatesManufacturedHomeProNews

The Texas Manufactured Housing Association (TMHA) has for some years provided useful data on shipments in their state. As the largest state for the production and shipments of new HUD Code manufactured homes what happens there can be somewhat of a bell weather for others. Thus, as MHProNews noted during …

New Data on Manufactured Housing and Market Index for March 2020, plus Manufactured Home Stock, Investor Updates Read More

Peter Buffett, Warren’s Son on Charitable-Industrial Complex and Philanthro-Feudalism – Insiders Look at Nonprofits, Are They Protecting or Harming Supposed Beneficiaries?

PeterBuffettWarrenBuffettSonPhotoCharitableIndustrialComplexPhilantroFeudalismInsidersLookNonprofitsProtectorHarmSupposedBeneficiariesMHProNews

“As more lives and communities are destroyed by the system that creates vast amounts of wealth for the few, the more heroic it sounds to “give back.” It’s what I would call “conscience laundering” — feeling better about accumulating more than any one person could possibly need to live on …

Peter Buffett, Warren’s Son on Charitable-Industrial Complex and Philanthro-Feudalism – Insiders Look at Nonprofits, Are They Protecting or Harming Supposed Beneficiaries? Read More

Shots Fired-Deaths at Clayton Homes Plant, Oil’s Plunge, plus Manufactured Home Stock, Investing Updates

ShotsFireDeathsClaytonHomesPlantOilsPlungePlusManufacturedHomeStockInvestingUpdatesManufacturedHomeProNews

Oil has suffered a historic dive as the first quarter of 2020 comes to a troubling close. Per right-of-center Fox Business News, “it’s only going to get worse.” “West Texas Intermediate crude oil, the U.S. benchmark, plunged 67 percent over the past three months to settle at $20.48. Brent crude, …

Shots Fired-Deaths at Clayton Homes Plant, Oil’s Plunge, plus Manufactured Home Stock, Investing Updates Read More

Clayton Homes (CMH) Plant Ordered Closed, Clayton Homes Headquarters Hit by COVID19-Coronavirus Outbreak

ClaytonHomesCMHPlantClosedClaytonHomesMaryvilleKnoxvilleHeadquartersHitCovid10CoronavirusOutbreakManufacturedHomeProNews

The Oak Ridger’s reporter Ben Pounds reported on 3.25.2020 that Clayton Homes spokeswoman Gail Rymer confirmed a case of coronavirus hit at their headquarters in Maryville, TN. “He self-quarantined and then sought medical advice,” Rymer reportedly told Pounds, adding that “They did a thorough cleaning of the [Clayton home office] …

Clayton Homes (CMH) Plant Ordered Closed, Clayton Homes Headquarters Hit by COVID19-Coronavirus Outbreak Read More

Labor Department Updates – Business Guidance, plus JP Morgan’s Market Call, Manufactured Home Investing, Stock Updates

USNSComfortLaborDepartmentUpdatesBusinessGuidancePlusJPMorganMarketCallManufactruredHomeInvestingStockUpdatesMHProNews

Nasdaq, JP Morgan, and MarketWatch are among those market-focused services who have stated that they think that the stock market has already hit bottom. But the reality is that there are voices that are still talking down the economy, including from the St. Louis Federal Reserve. The headline from CNBC …

Labor Department Updates – Business Guidance, plus JP Morgan’s Market Call, Manufactured Home Investing, Stock Updates Read More

Kill Shot – MHI Bro Connected Plan is Crippling to HUD Code Manufactured Housing Independents; MHI’s Stance – Facts and Analysis

KillShotMHIBroPlanCripplingHUDCodeManufacturedHousingIndependentsMHI'sStanceFactsAnalysisCommentaryManufacturedHKillShotMHIBroPlanCripplingHUDCodeManufacturedHousingIndependentsMHI'sStanceFactsAnalysisCommentaryManufacturedHomeProNewsomeProNews

A longtime managerial-level member of companies engaged in the manufactured housing industry, specifically including firms that are members of the Manufactured Housing Institute, contacted MHProNews regarding a plan. That proposal was to recruit away the workers of manufactured housing producers into rival firms doing onsite work. If a HUD Code …

Kill Shot – MHI Bro Connected Plan is Crippling to HUD Code Manufactured Housing Independents; MHI’s Stance – Facts and Analysis Read More

Coronavirus Upends Key Affordable Housing and Manufactured Home Industry Consumers, Professional, Investor Interests – MD’s “COVID19 Diaries”

CoronavirusUpendsKeyAffordableHousingManufacturedHomeIndustryConsumersProfessionalsInvestorInterestsMDsCovid19Diaries-ManufacturedHousingProNews

“The epidemic goes faster than our bureaucracy“ – Angelo Borrelli Chief of the Italian Protezione Civile (Italy’s version of FEMA) March 23, 2020.   The world that you knew 4 weeks ago has been upended. There is a scramble for insights, options, and possible solutions. While emotions – like fear …

Coronavirus Upends Key Affordable Housing and Manufactured Home Industry Consumers, Professional, Investor Interests – MD’s “COVID19 Diaries” Read More

‘Druggies, Pit Bulls, Shotguns at 2 AM’ – New Risks for Land Lease Communities During COVID Crisis Reported, plus Manufactured Home Investing, Stock Updates

DruggiesPitBullsShotguns2AMnewRisksLandLeaseCommunitiesDuringCOVIDCrisisReportedPlusManufacturedHomeInvestingStockUpdatesMHProNews

According to an informed source, the steps being taken in Canada – which is in some cases are being established in the U.S. in the wake of the coronavirus outbreak has created new problems for the owner/operators of land lease manufactured home communities. A specific comment from a pro-industry professional …

‘Druggies, Pit Bulls, Shotguns at 2 AM’ – New Risks for Land Lease Communities During COVID Crisis Reported, plus Manufactured Home Investing, Stock Updates Read More

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