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.
The column below could carry a sub-title – proven results vs. hype and hot air. Every organization worth its salt takes a periodic victory lap. The same occurs in manufactured housing. The Manufactured Housing Institute (MHI) has periodically claimed or hinted that under their “leadership” on issues that they […]
Documented Results from Manufactured Housing Industry Leadership Read More
The Modular Building Institute (MBI) has announced the induction of Mr. Carl Bennett, into its Hall of Fame at World of Modular 2018 in Hollywood, Florida. Strong support for this public recognition of Mr. Bennett, and the celebration of his achievements for more than 35 years, comes from prominent
When big names such as Elon Musk, Jim Carrey, and Cher delete their Facebook accounts, you know that something’s going sideways for that tech giant. While the Dow rose in the morning, more troubling news resulted in an ongoing drag by the end of the day. The growing storm of
700 Point Swing Today, Tech Drags Dow as Facebook Storm Grows, Plus MH Market Updates Read More
“A majority of the American public believe that the U.S. government engages in widespread monitoring of its own citizens and worry that the U.S. government could be invading their own privacy,” said Monmouth University in a recent media release to the Daily Business News. “The Monmouth University Poll also finds a
Poll Reveals Public Concerns Spanning the American Partisan Divide Read More
Tonight’s talking video heads are focused on the topic of trade, which were among the factors cited for the market plunge last week. That will be tonight’s spotlight feature. If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever –
Shaking Off Trade Jitters, Dow Soars, Plus MH Market Updates Read More
“Once you eliminate the impossible, whatever remains, no matter how improbable, must be the truth.” – Arthur Conan Doyle, per BrainyQuote. An attendee of multiple MHI events who is an award-winning corporate leader who is also a Daily Business News reader explained what he called their “razzle dazzle.” He specifically
“Razzle Dazzle,” Says Former Manufactured Housing Institute Member Read More
Financing. Events. Market conditions. Producer intrigue…these and more are part of the week that just concluded. Among the big topics in MHVille during the week was one of the two big, full-scale annual trade shows in manufactured housing. A full-scale trade show includes model homes on display from HUD
There are millions of sci-fi fans, some of whom will recall Star Trek and the evil empire of the Borg. The Borg are fictional cybernetic organisms, part machine, part organic sentient life – such as humans. The Borg were a collective, that forced all in their path to join. The
“Resistance Isn’t Futile” Read More
The conventional wisdom is the president got rolled by establishment types in both major parties. Will this haunt the GOP and President Trump in 2018? We’ll explore the spending deal, and Peter Navarro on trade are our features for tonight. If you’re new, already hooked on our new spotlight feature
Spending Bill Buzz, Navarro on Trade, plus MH Market UPDates Read More
A veteran Manufactured Housing Institute (MHI) lender’s controversial comments to the Daily Business News are bound to shake up discussions about two hot button industry topics. Those two subjects are: the Duty to Serve (DTS) Manufactured Housing, mandated by Congress a decade ago, and the Mortgage Loan Originator (MLO)
MHI Lender Shakes Up DTS and MLO Rule Discussions Read More
The 2018 Tunica Show is now in the history books. Reports are that registrations and attendance was up at Tunica over last year’s event. Exhibitors in the events center – and those who displayed new factory built homes – reported good traffic, happy attendees, and solid results. What was
In a twist, Democrats are among those supporting President Trump’s tariffs that target China. With the markets dropping 700 points on the announcement of the first of several planned tariffs, that will be our market focus tonight. If you’re new, already hooked on our new spotlight feature – or are
President Trump Signs Tariffs, Stocks Drop, Plus MH Market Updates Read More
An independent manufactured home retailer walked up to the Daily Business News team in Tunica Wednesday to say, “thank you” for the depth of coverage of the industry’s news. A HUD Code home producer said, “I wish you’d tone it down a bit,” on the controversies, while expressing “appreciation for
Manufactured Housing – “Giants vs. Independents” – Tunica Talk – “You’ve Got to See This” Read More
If you haven’t noticed all of the buzz around the Federal Reserve’s expected rate move, then maybe you’ve been on vacation. One might sympathize with former Texas Congressman and multiple time presidential candidate, Ron Paul and wonder why the Fed has been given so much power over the U.S. economy?
Abracadabra, with Wave of a Powell’s Hand, Rates Change – Plus MH Market UPdate$ Read More
Several dozen manufactured home industry pros took their seats in Tunica to hear Paul Barretto shed light on Fannie Mae’s long-awaited chattel lending plan. Barretto is Fannie Mae’s field point-man with the industry on the federally mandated Duty to Serve (DTS) Manufactured Housing. The law which included the
Fannie Mae’s Paul Barretto, News-Making Remarks in Tunica Read More
The successful McCrory, AR lawsuit was a case brought by a nonprofit organization called Equal Justice. The organization’s name, Equal Justice, is at some level likely inspired by a longer phrase found on the U.S. Supreme Court building in Washington, D.C. = Equal Justice Under Law. It’s a quintessential
Equal Justice, Citizen Power, and Manufactured Housing Read More
When left-of-center Bloomberg, and right-of-center Fox Business agree on an issue, is it time to pay more attention? Instead of hearing about a possible run for president in 2020, Facebook and its founder Mark Zuckerberg are ducking a barrage of controversy, which is shrinking shares value, and sparking investigations on
The faces at Tunica’s Hollywood Casino and Hotel chatting near the exhibit hall or lobby included many familiar ones in the manufactured housing (MH) industry, such as Fleetwood’s Charley Lott, or Keith Bennett from Kabco. Paula Reeves, President of CIS Financial, was was with a group of MH Industry
Tunica, Nashville Trade Shows and Manufactured Housing Glory Days Read More
An explosion at what appeared to be a pre-HUD Code mobile home located in a manufactured home community was caught on a police dash camera. The explosion occurred at the Cypress Mobile Home Park, in Cypress CA, near Los Angeles. Police not only caught the incident on camera, but
Mobile Home Explosion in a Manufactured Home Community Caught on Camera Read More
Tonight’s spotlight is a classic example of why the manufactured housing connected market report is set within the broader context of other – sometimes disruptive – macro-economic, media, or political issues. With only a handful of exceptions, the manufactured home connected stocks broadly declined, and apparently for reasons that have
