The rebranded Bureau of Consumer Financial Protection – formerly the CFPB, now the BCFP – has produced a January 2019 report that contains new data regarding manufactured housing lending. There are over 200 pages. We’ll simplify that for busy readers. MHProNews will hereby provide the entire document here as a …
Manufactured home equities closed mixed again today, and the broader markets overall took their second closing dip that started on Friday. Ideally and historically – given that there is an affordable housing crisis – manufactured housing stocks should be more durable than they have been in recent years. Why the …
“This is historic,” said San Jose Vice Mayor Magdalena Carrasco, per the Mercury News. Councilman Johnny Khamis expressed what they described as sticker shock, saying, “This seems exorbitant for recycled metal boxes, quite frankly.” The price per unit? The ‘all in’ cost is said to be some $600,000 for …
Manufactured Homes Shunned by City for Higher Cost Container Housing Read More
“Cari Gorman-Salisbury owns a 2-acre lot surrounded by R1L-175 zoning which limits property owners to site-built structures. Mistakenly believing her property, acquired in 2017, provided for manufactured homes, she bought one and had it delivered one day in September to the property located on the west side of Orme …
“At the center of a perfect storm of boomer burnout, a brutal recession, and a rapidly changing industry, the mobile home retail market could be the worst industry in America. Here’s why,” wrote Derek Thompson as his subheading on a story for the Atlantic, a popular progressive news …
Shutdown theater continues in Washington, D.C. So, yesterday afternoon, the U.S. Department of Housing and Urban Development’s Federal Housing Administration (FHA) requested that approved lenders consider the financial hardships caused by the partial federal shutdown. That press release is below, including a letter linked from FHA’s Brian Montgomery. …
FHA Call to Lenders on Workers, Contractors, re: Federal Government Shutdown Read More
Despite what some might have (mis)understood about what our publisher wrote recently that included a mention or two of George F. (F?) Allen, the Daily Business News on MHProNews will continue to take a wheat and chaff approach with everyone in our industry, and those outside of MHVille as well. …
New Era in National U.S. Manufactured Home Community Representation Underway? Read More
Don Dion on Seeking Alpha provided an executive summary goes like this. “LEGH’s quiet period is set to expire on Jan. 8, 2019. Our research has demonstrated that prices enjoy a temporary increase around the expiration of quiet periods. Risk-tolerant investors should consider buying shares ahead of LEGH’s quiet …
Legacy Housing IPO (LEGH) Quiet Period Set to Expire, SA’s Don Dion Read More
Let’s be clear. There are good reasons to use proper terminology. That said, this world-famous “epic and honest” commercial further below has 4.8 million views at the time we are posting it on the Daily Business News on MHProNews. At the time that WAAY-31 TV spotlighted them, they were …
The Daily Business News will save its comments for after the new releases below from MHARR on MHProNews. FOR IMMEDIATE RELEASE Contact: MHARR …
Manufactured Home Production Decline Accelerates in November 2018 Read More
The United States of America (USA) is the largest economy in the world. That’s what the data compiled in the infographic below from Visual Capitalist reveals. Yet, some 40 nations around the world that have a higher rate of home ownership than the U.S., per data compiled by …
Eye Opening – Manufactured Homes in National, Global Context Read More
There is a school of thought that the only way to effect change in addressing stereotypes, prejudice, and other forms of misinformation is to push for a change with the appropriate organizations and institutions that misuse a term. Tim Williams, President and CEO of 21st Mortgage Corp and …
MHARR, ROC USA, Canadian Association Weigh-In On Disney “Trailers” Controversy Read More
In the days before GPS, Apple or Google Maps a good paper road-map had a rectangular box with ‘the legend.’ The legend in this sense of the word explained the meaning of the various circles, lines, symbols and how many miles-to-an-inch. ‘The legend’ unlocked the meaning of the map. In …
Legends, Battle of Bedford Falls, and Christmas in Affordable Housing’s MH Land 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
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 …
Let’s be clear. This post is a simple comparison between the image-defending video Clayton Homes clearly invested several thousand dollars in for their ‘Have it Made’ campaign vs. a video by a purported Clayton Homes home owner, who is slamming their construction and quality. The Clayton-slamming customer …
It is one of the most controversial issues in the manufactured housing industry today. Through their apparent power at the Manufactured Housing Institute (MHI), Clayton Homes has backed the notion of a “new class of manufactured homes.” It is a thorny issue, as there are various, divided views …
Ask anyone who is involved in manufactured housing marketing if Google influences their business, and they will tell you, “yes.” So, does the influence and power of Google help or harm our industry? Can it confuse or mislead people about the reality of manufactured homes? The distinctions between mobile homes …
Does Google Harm Manufactured Housing? Other Forms of Free Speech? Read More
It is stating the obvious to observe that the news media, as well as the entertainment world, has an ability to influence the perceptions of readers, viewers, and listeners. As the majority of front-line industry professionals, serious investors, owners, executives, and management know, tens of millions of our fellow …
Every Sunday morning for several years, we provide this popular week in review. It helps answer the question, ‘What Just Happened?’ It will also suggest a few answers to a question that hasn’t been asked, what’s coming up in this week ahead? Drama. Some of it is ‘manufactured …
