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.
Many if not most Manufactured Housing Professionals – MHPros – know the truth about our industry’s products and services. That said, millions of people don’t know. You might say that they have been conditioned into thinking something that is untrue. Hold that thought, because in many ways it is […]
Children, Grandchildren, Family, Manufactured Housing, Money, and You Read More
A federal judge in Texas has struck down Affordable Care Act. “In a ruling sure to be appealed to Supreme Court, Texas court says the ACA, also known as Obamacare, can no longer stand without the penalty against the uninsured,” said NBC News. The Friday night ruling
ObamaCare Struck Down, MHVille Insights, Impact, and What’s Next Read More
Perhaps it was no surprise. Perhaps it was a safe call. But our prior MHProNews reports on Legacy Housing’s Initial Public Offering (IPO) proved to be prescient. On a day when the Cavco Industries (CVCO), Skyline Champion (SKY), and even Clayton Homes parent Berkshire Hathaway (BRK) all took a slide,
Legacy Housing Exclusive to MHProNews on Firm’s Solid IPO, Plus MH Market Updates Read More
The Federal Housing Administration (FHA) announced late today that loans limits for 2019 will be raised for most part of the nation. As manufactured housing industry veterans know, qualifying placements can allow a HUD Code home, or a modular home, to be financed with FHA insurance on the
Home Loan Limits Raised in Over 3,000 U.S. Counties Read More
The timing of the Legacy Housing IPO is an interesting. The firm is attracting attention on its own merits from investors and analysts, who – for example – note that the two principles will have some 57 percent of the stock. The solid growth track-record for Legacy (LEGH),
With Storm Clouds Over Cavco, Eyes on Legacy Housing (LEGH) IPO Today Read More
Press releases from both the Department of Housing and Urban Development (HUD) and the White House pressroom to the Daily Business News on MHProNews could be summed up with this goal in mind. There is a need to revive, expand, and protect the American Dream for all. President Donald
Joint HUD, White House Announcements Aim to Advance the American Dream Read More
The Associated Press (AP) is reporting that “Former Obama housing chief Julian Castro says he’s taking a step toward a possible White House campaign in 2020 by forming a presidential exploratory committee,” with an announced decision set for Jan. 12, 2019. Castro is said to be the second
Yesterday, we posted an update on Cavco Industries. Not long after, we received a news tip from a source with a legal insight on their SEC related woes. That will be our market update, found further below, this evening. If you’re new, already hooked on our new spotlight feature
During a widely acknowledged affordable housing crisis, industry professionals and investors should be asking – how is this possible? The chart below provided by an association member reveals that Texas – #1 among the states in new sales – took a drop in new HUD Code manufactured home shipments
ELKHART, Ind. — The RV/MH Hall of Fame’s Annual Induction Dinner honoring the Class of 2017 will be held on August 7, 2017, at the Hall of Fame’s Northern Indiana Event Center in Elkhart, Indiana, according to Darryl Searer, president, RV/MH Hall of Fame (Hall). Searer said, “Our 2017 Induction Dinner celebration
RV/MH Hall of Fame Sets Dates and Agenda for the 2017 Induction Dinner Read More
It has been about a month since the news rocked Cavco Industries that Joe Stegmayer had stepped down as Chairman and CEO in the wake of a subpoena issued by the SEC. We’ll look at the latest as our featured report, below. If you’re new, already hooked on our
Every year, numerous manufactured housing producers put on a what they call a “plant show.” A plant show can be thought of as something akin to a mini-trade show that is specific to a single manufactured housing producers brands. They are often held at or near “the plant,”
2019 Manufactured Housing Plant Shows Read More
The drama of the changing of the guard at the Federal Housing Finance Agency (FHFA) that oversees the Government Sponsored Enterprises (GSEs) of Fannie Mae and Freddie Mac has been duly tracked by the Daily Business News on MHProNews. One of those barn-burners around allegations of sex
Rep Jeb Hensarling Applauds Appointment of Dr. Mark Calabria to Head FHFA Read More
These are #NettlesomeThings. A Clayton retailer sent a long message as part of a confidential news tip, that included the following. The Daily Business News on MHProNews has added our customary bold/brown to reflect a direct quote, but the rest are emphasis and typos are in the sender’s original
“Lots of Sizzle,” Clayton Sales Performance, Other MHI & Clayton Homes News Tips Read More
“The genius of America is that it was set up as a representative government, but increasingly, Americans are ruled over by leaders who are unelected, and very powerful,” says Prager U. “Columbia Law Professor Philip Hamburger unmasks the people who are really ruling our lives.” As with other curated
Who REALLY Runs America? MHVille Timely Reminder, Columbia Law Prof Philip Hamburger Video Read More
In the waning days of 2018, the political tag line in Washington, D.C. might be “It’s the border, stupid.” Stocks swung wildly again but closed only slightly down on a day that President Donald J. Trump apparently surprised “Chuck and Nancy” into doing an on-camera border security and wall funding
The initial public offering – IPO – for Legacy Housing Corporation is set for 12.14.2018, per NASDAQ. That makes this a good time to take a look at what they and others beyond the manufactured housing industry are saying about Legacy. “We like old-fashioned businesses. This one is
What Others Say – Legacy Housing Corp (LEGH) IPO Set for 12.14.2018 Read More
It should be a given that the upper management of Clayton Homes, and their Arlington, VA based Manufactured Housing Institute (MHI) are in favor of their stated agendas. No sooner than MHI released their self-promotion video, than the industry’s new home shipments data – those
“What Are We, Chopped Liver?” MHI Member December 2018 Reactions Read More
The Daily Business News report on SKY earlier today should provide several of the cues that matter to manufactured housing industry professionals and investors. But for some time, manufactured housing stocks have often been gyrating more due to broader market forces, one of the reasons why MHProNews began the mantra
Stocks Rebound Despite Clouds over Huawei, China, Brexit, Plus MH Market Updates Read More
Manufactured housing trade show season begins in only a few weeks. First at Louisville, then about 2 months later at Tunica, independent producers of HUD Code manufactured homes, state coded modular housing, ANSI code RV ‘Park Model,’ and tiny houses are among the types of factory-built housing products that
