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.

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‘Minorities Aren’t Being Well Served in Housing Finance’ Today, per Mozilo – Former Exec Near Eye of the 2008 Housing/Mortgage Storm

“Angelo R. Mozilo is the former chairman of the board and chief executive officer of Countrywide Financial until July 1, 2008,” according to Wikipedia. Put differently, Mozilo was near the eye of storm during the Housing and mortgage crisis that sent the economy and markets into a tailspin, causing the […]

‘Minorities Aren’t Being Well Served in Housing Finance’ Today, per Mozilo – Former Exec Near Eye of the 2008 Housing/Mortgage Storm Read More

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Antitrust Heats Up With Supreme Court Ruling, Monopolization Legal Experts Weigh In, Clayton-Related Comment Connection

“When you talk about monopolization claims, the main issue is exclusion, unfair exclusion,” John Roberti said. Roberti is the head of the Washington antitrust practice at the law firm Allen & Overy. “So all these companies are going to be asking themselves: Is there anything we are doing that is

Antitrust Heats Up With Supreme Court Ruling, Monopolization Legal Experts Weigh In, Clayton-Related Comment Connection Read More

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Joe Stegmayer, George F. Allen, Manufactured Housing Institute Slogans, Slump, Slurs, Solutions

The manufactured housing industry is now 7 months into a slump – a downturn. How is that possible, during an affordable housing crisis?  Is it incompetence?  Or something else? While controversial himself in mainstream media reports for a variety of reasons, prominent Manufactured Housing Institute (MHI) member Frank Rolfe is

Joe Stegmayer, George F. Allen, Manufactured Housing Institute Slogans, Slump, Slurs, Solutions Read More

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Legacy Housing Corporation [LEGH] Reports 2019 First Quarter Results

  In a media release to the Daily Business News on MHProNews, Legacy Housing Corporation (LEGH) provided the following snapshot last night of their 2019 first quarter results. In the release below, MHProNews has turned the quote brown and bold, to make it pop, as is often done here. Otherwise,

Legacy Housing Corporation [LEGH] Reports 2019 First Quarter Results Read More

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Socialism vs. Free Enterprise, 2020, and Increasing Interest in U.S. Socialist Candidates, Policies

“Jackie DeAngelis breaks down the differences between capitalism versus socialism,” says Fox Business Network’s (FBN) YouTube page. More to the point, perhaps, is that this FBN video features a panel discussion that begins to unpack the issue of the rise in interest in socialism’s in the U.S. For those unfamiliar

Socialism vs. Free Enterprise, 2020, and Increasing Interest in U.S. Socialist Candidates, Policies Read More

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Biggest Dow Losers? Companies Tied to Chinese Trade, plus Manufactured Housing Market Updates

As regular readers of this feature know, we steered clear of China-U.S. trade troubles for most of last week, even though that was a lead story among scores of market watchers.  Today, MHProNews has two stories that have dealt with China and U.S. trade, one earlier today – linked here

Biggest Dow Losers? Companies Tied to Chinese Trade, plus Manufactured Housing Market Updates Read More

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Higher China Tariffs “Hits Home,” Building Impacts Ahead, Per NAHB

The cost of building and remodeling is about to rise – again, per CNBC.  Builders from coast to coast, which includes HUD Code and other factory-builders, order products for housing they construct that are often sourced offshore, including from China. So the tariff and trade war is about to hit

Higher China Tariffs “Hits Home,” Building Impacts Ahead, Per NAHB Read More

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Senator Cory Booker – ‘We Need a President…to Enforce Antitrust Laws,’ Digging Warren, POTUS Trump

It’s literally historic… …it is a reminder why historic items matter… …and we’ll do our customary fact-check and analysis at the end of this MHI exclusive report that they provided to MHProNews directly after the === ##===, below.   HOUSING ALERT On Capitol Hill…MHI Advances Manufactured Housing Finance Reform The negative impact of

Senator Cory Booker – ‘We Need a President…to Enforce Antitrust Laws,’ Digging Warren, POTUS Trump Read More

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Sexting, Alice, Zhivago, Network, Culture, Mother’s Day, and Celebrating Manufactured Housing

  For decades, Americans have been living a sort of “through the looking glass” from the pages of the novel, Alice in Wonderland. “Through the looking glass” is a metaphorical expression. It means: on the strange side, in the twilight zone, in a strange parallel world. It comes from the

Sexting, Alice, Zhivago, Network, Culture, Mother’s Day, and Celebrating Manufactured Housing Read More

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Clayton Homes, 21st Mortgage Corp, Vanderbilt Mortgage and Finance – Investor Lessons Learned

The past is prologue ideally to be learned from. When an error is made, it could be ignored, covered up, or deflected by some razzle-dazzle style head-fake. Or an error can be admitted, addressed, amends made as possible, and then one can advance with head held high. The Daily Business

Clayton Homes, 21st Mortgage Corp, Vanderbilt Mortgage and Finance – Investor Lessons Learned Read More

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Dr. Ben Carson Secretary of Housing and Urban Development Manufactured Housing Conference Remarks New Orleans, Louisiana, Hyatt Regency Hotel, May 7, 2019

  This evening, as this report is being prepared, there are two, and only two places online that we can discern where someone can find the entire address by HUD Secretary Ben Carson, M.D., to the Manufactured Housing Institute (MHI) at their meeting earlier this week in New Orleans. You

Dr. Ben Carson Secretary of Housing and Urban Development Manufactured Housing Conference Remarks New Orleans, Louisiana, Hyatt Regency Hotel, May 7, 2019 Read More

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WSJ Blames Trump Tweets for Blowing Up U.S.-China Trade Talks, Plus MH Market Updates

There was no deal.  Stocks have slid for days, with numerous business and investor sites noting fears over the U.S.-China trade deal.  So oddly, when no deal occurred, and the U.S. imposed new tariffs on Chinese goods at a minute after midnight, after a roller coaster day and week, the

WSJ Blames Trump Tweets for Blowing Up U.S.-China Trade Talks, Plus MH Market Updates Read More

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Manufactured Home Community Case Study, UMH Properties, Lessons for Independent Community Owners, Investors

For some time, but more recently in the report linked here, the Daily Business News on MHProNews has a made the point that the purported market rigging by Berkshire Hathaway brands, as referenced in reports linked here, here, and here has harmed more than just independent manufactured home ‘street retailers.’ 

Manufactured Home Community Case Study, UMH Properties, Lessons for Independent Community Owners, Investors Read More

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Nathan Smith, SSK Communities, Manufactured Housing Institute Leader, Profitably Correcting the Record

Mama used to say, you are known by the company you keep. That’s a fairly common maxim, phrased in a variety of ways. Before applying it to Nathan Smith, let’s step back and look at a different Manufactured Housing Institute (MHI) industry leader first. The largest and best known manufactured

Nathan Smith, SSK Communities, Manufactured Housing Institute Leader, Profitably Correcting the Record Read More

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What the Manufactured Housing Institute (MHI) Said About March 2019 Shipment and Production Data

“LET’S KEEP BUILDING!” declares one of the Manufactured Housing Institute (MHI) messages about their recent Congress and Expo in New Orleans. The upbeat sound of that message is arguably betrayed by the reality that for the 7th straight month, manufactured housing shipments are down. But that embarrassing detail is not

What the Manufactured Housing Institute (MHI) Said About March 2019 Shipment and Production Data Read More

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Prior Facebook Insiders Among Harshest FB Critics, “Break Them Up” – plus MH Market Updates

Facebook is used by most manufactured home professionals in a variety of fashion.  Sure, China and tariffs have investors watching the markets sink.  The U.S.-China match will reverse itself with a deal, or not.  Super powers are playing chicken, some of which may be stage managed for their respective audiences. 

Prior Facebook Insiders Among Harshest FB Critics, “Break Them Up” – plus MH Market Updates Read More

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FHA Incentives For Property Owners Investing in One of Over 8000 Opportunity Zones

In the wake of encouraging commentary last week and this week by HUD Secretary Ben Carson regarding manufactured housing – which included his tying that in with Opportunity Zones – comes this news today from HUD. To set the stage for this release, ICYMI or need a refresher, see the

FHA Incentives For Property Owners Investing in One of Over 8000 Opportunity Zones Read More

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What Does Doing Your Job Looks Like in Manufactured Housing

There is nothing wrong with photo opportunities and videos. MHProNews and MHLivingNews have used them too. But photo ops and videos ought to compliment a broader vision, not replace it. There are thousands of videos about manufactured housing online.  There are untold numbers of still images.  But the ones that

What Does Doing Your Job Looks Like in Manufactured Housing Read More

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Manufactured Housing’s Professional Credibility

  To understand the relatively low level of manufactured home production, one needs to consider a variety of factors. Let’s oversimplify. Before looking at credibility, let’s consider what it takes to sell a home. Placement. That includes zoning or other barriers, and how to overcome challenges. Financing. It must be

Manufactured Housing’s Professional Credibility Read More

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Bryan Resident Blast Officials “Travesty by Government” – Manufactured Home Ban, Limitations, Update

The Daily Business News on MHProNews has provided more coverage on the issue of Bryan, TX than any known trade media serving manufactured housing. As reports linked further below indicate, we’ve exclusively obtained and published locale letters to city officials, almost all of which opposed the ban that the majority

Bryan Resident Blast Officials “Travesty by Government” – Manufactured Home Ban, Limitations, Update Read More

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