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.
A well-placed pro-Manufactured Housing Institute (MHI) source has told MHProNews on 4.29.2020 about the multiyear “new class of homes” more recently rebranded as “CrossModTM homes” effort, saying that “I see no traction in the program.” An independent that is a believer in the project on that same date admitted …
The headline says what needs to be said about this evening’s featured focus. Beyond our business-evening left-right headline snapshot, our charts with ‘at the bell’ market data at a glance, and other standard evening fare. Headlines from left-of-center CNN Business Rates stay at zero The Fed …
“Our greatest assets are our team members, and we are committed to continually improving their lives. Whether investing in leadership initiatives, or improving our facilities, we believe the only way you can create a world-class customer experience is by first creating a world-class team member experience.” – Kevin Clayton, President …
Programming Notice: An exclusive special report with new information concerning Clayton Homes involving numbers of their employees is pending on MHProNews. Watch for it. Besides tips from whistleblowers and tipsters, there are also insights that come to MHProNews from corporate managers, association leadership and others that shed light on …
A high and well-placed source with ties to the Manufactured Housing Institute (MHI) has told MHProNews that they are projecting a 20-30 percent drop in new HUD Code manufactured home shipments for March. As the first of the month is rapidly approaching, and the official production and shipment data for …
Much of the mainstream media in the U.S. has given relatively scant attention to First Lady of the United States (FLOTUS) Melania Trump compared to predecessors such as Jacqueline Kennedy or Michelle Obama. Certainly, FLOTUS Melania Trump rivals or arguably transcends the standards set by “Jackie” during her time in …
Sue Brooks writing for NewsRTS said on April 22, 2020 that “Sophisticated Investors Should Avoid: Skyline Champion Corporation (SKY)…” Brooks provided an insider transactions summary of stock trades that states, “According to SEC data, total insider shares purchases at the company stands at 20 over the last 12 months, while …
“You mend a thing because you like it; you end a thing because you don’t.” – G. K. Chesterton, per Gutenberg.org “What is wrong is that we do not ask what is right.” – G. K. Chesterton, per GoodReads Manufactured housing is worth mending, because affordable housing …
Based upon an informed source, there is word that Legacy Housing (LEGH) will be returning it’s controversial SBA backed Paycheck Protection Program (PPP) loan. The thrust of the message from a well-placed source to MHProNews reads as follows: “Tony, if you want to be first, you’ll have to work this …
Breaking! Legacy Housing Insider Says Announcement Pending on Controversial SBA PPP Loan Read More
The word “historic” or “epic” can often mean “inspiring” in specific contexts. The historically tough resolve of those who died defending a monastery against Mexican invaders became the battle cry “Remember the Alamo” that led to Sam Houston’s upset victory against Santa Anna’s force that had double the numbers …
MHVille inside baseball set-up. Readership of articles on MHProNews about purported scandals linked to Manufactured Housing Institute (MHI) member companies are surging in April. Legacy Housing (LEGH) and Clayton Homes (BRK) lead the pack on those ‘read hot’ topics. Others include MHI itself. However, new tips from whistleblowers have been …
The AL Bugle and ObitTree report that Mr. William “Tommy” Colley Jr., 58, of Eclectic, AL passed away April 23, 2020. He was born January 28, 1962. Colley served on the Alabama Manufactured Housing Commission. The industry source that advised MHProNews about the death of Colley said he was that …
A federal employee called MHProNews this afternoon to say in part that things are crazier than he has ever seen it. Having worked for the federal government for decades, the agent said that he has been through government shutdowns, RIFs (Reduction in Force) and more. He then spoke about some …
The Washington, D.C. based Manufactured Housing Association for Regulatory Reform (MHARR) released the following report to MHProNews. Their media release will be followed by an MHProNews analysis and commentary. MHARR Washington, D.C. REPORT AND ANALYSIS IN THIS REPORT: APRIL 22, 2020 MHARR REITERATES CALL TO RETRACT HUD “GUIDANCE” HUD …
Fox Business and several other mainstream media outlets picked up on a presidential tweet on Monday. That tweet praised “The Villages,” which is a mixed-use retirement community that has long featured manufactured homes. On a day when the markets are generally rebounding, a brief look at the Villages should prove …
“…Berkshire now owns 8 ½ companies that, were they stand-alone businesses, would be in the Fortune 500. Only 491 ½ to go… Finance and financial products And if all that wasn’t enough, last but not least is the finance and financial products division of Berkshire. The largest section of this …
Financial Writers Report on Warren Buffett’s COVID19 Market Moves, Plans and What’s Next Read More
There is no doubt that well managed property rental, including the rental of manufactured homes in land-lease communities, can be a profitable business. Sun Communities, ELS and UMH Properties have all documented that point. That noted, it is at times such as this upheaval caused by the Wuhan Virus (a.k.a. …
What did Andy Gedo reveal? In a word, ‘volumes.’ Some articles and statements are so packed with information and insights that they merit at least two careful readings. In the instance of Andy Gedo’s presentation on behalf of MHI, Clayton Homes, Cavco Industries and Skyline-Champion HUD Code home builders …
Before pivoting to the headline, let’s create a quick snapshot. Protests in some 20 states that aim to pressure governors into opening businesses back up reveal the growing frustration by businesses and workers of shuttered or limited operations. Medical research data is emerging that if true suggests that the health …
Military airmen have an expression that is sometimes applied to business, political or journalistic efforts. ‘You don’t catch flak unless you are over the target.’ Andy Gedo’s LinkedIn profile lists him as a “Partner at ManageAmerica.” He has reportedly worked with that firm for over 18 years and his …
