“Support needs to be more than words,” said a guest on Newsmax, commenting on the events in Ukraine. Futures are dropping before the market opens. Yesterday the S&P dropped some 4 percent. Manufactured housing stocks have fallen too. Facts always are whatever they are, regardless of favoritism, habits, spin, or posturing by various sources. When competing claims are involved, manufactured housing industry members seeking the truth on a subject are prudent to compare and contrast various sources. Further, current statements and related actions by a specific group or source should also be compared to prior statements and behaviors from the same source. Then truth-seekers should ask: are their positions and related behaviors consistent or not? Using that compare, contrast, and objective analysis rule of thumb will be applied in this report. Because statements from the Arlington, VA based Manufactured Housing Institute (MHI) reveal an unusual admission from that trade group to their own followers.
For reasons outlined above, the details matter.
What follows is an example of why ‘skim’ reading just doesn’t cut it. Words and illustrations are selected for specific reasons because they appear to fit the known facts about a topic being examined.
As regular and focused MHProNews readers know, the Manufactured Housing Association for Regulatory Reform (MHARR) recently reported on a legal decision that they demonstrably were involved in. While some have accused MHI of periodically claiming credit for something MHARR has done, that did not occur this time. At least, not yet.
Some bullets will outline and illustrate.
- To set the stage, MHI MHProNews was provided with an advanced copy of the MHARR news release emailed to their readers on 2.22.2022.
- ICYMI, that linked MHARR report and MHProNews analysis are a key to grasping the developments being reported.
- That advance copy was requested and specifically ok’d for pre-release to be published here ahead of their own email list. That was published on Saturday 19.2022 as part of the report and analysis at this link here.
- That Saturday report and others were promoted on the Monday, 2.21.2022 MHProNews emailed news update.
- MHI leaders (staff and/or corporate), MHI state affiliates – think Manufactured Housing Executive Committee (MHEC) – members, attorneys for MHI, and other sources are reportedly among the regular readers of MHProNews emails. Why do those details matter?
Because those are elements that go into understanding MHI’s statement.
financing issues that MHARR has been engaged in for some years, again, because they maintain that MHI has talked about such matters without actually doing something about them.
Against those facts is this surprising statement by MHI.
- In the email from MHI to the “Federated States” was the following pull quote. Note that it is the last item in that segment of their email, the contents of which will be provided below.
- “Further, a recent court ruling by a Louisiana federal judge blocks the [Biden] Administration from using the use of “Social Cost of Carbon” estimates in federal rulemaking. As part of the “Memorandum Ruling”, the court cited the DOE’s proposed rule for manufactured housing energy efficiency standards, as a federal rulemaking which utilizes the social cost of carbon in its cost-benefit analysis. MHI is currently reviewing the ruling.”
Beyond that fact that MHI could have learned about these legal development matters from MHARR and/or from MHProNews, as the bullets outlined above demonstrated, they also could have learned about it from reading the news.
For instance. The Washington Post reported that the Louisiana decision occurred on 2.11.2022. 11 days later, MHI finally ‘reported’ that to their state association affiliates? What explains that significant lapse? Hold that thought as you consider this pull-quote.
“The Feb. 11 decision by a Louisiana federal judge blocked the Biden administration from using a higher estimate” in developing the DOE imposing proposed rules and standards based on the Social Cost of Carbon metric, said the Washington Post.
While the Biden Administration is appealing the ruling, if the MHARR supported effort by the Missouri Attorney General and others succeeds, that Louisiana ruling may reset the clock on the DOE energy rule process.
Restated, the coming weeks may reveal that MHARR’s legal engagement in Missouri may prove to have provided – once again – the victory on this off-and-on battle over manufactured housing energy standards.
So, in stark contrast with MHI, who admitted in writing that they are “reviewing” the Louisiana court ruling, MHARR has already taken the next step. MHARR has addressed the matter with DOE Secretary Jennifer Granholm on the issue.
“The Manufactured Housing Association for Regulatory Reform (MHARR), in a February 16, 2022 communication to U.S. Department of Energy (DOE) Secretary, Jennifer Granholm, copy attached has called on DOE to halt activity on its pending manufactured housing energy standards rule in accordance with a nationwide injunction issued by a federal judge in a lawsuit filed by ten state attorneys general (AGs) challenging the use of “Social Cost of Carbon” (SCC) estimates in federal rulemaking proceedings.”
As MHARR said, “MHARR, which has consistently opposed this rule since its inception, had previously alerted the Missouri AG, in a parallel lawsuit, to DOE’s reliance on the essentially fraudulent SCC construct. That information [i.e.: provided by MHARR] appears to have been conveyed to the state plaintiffs in the Louisiana v. Biden litigation.” For the full picture and related analysis and additional information, see the report linked below.
It is a statement of fact that MHI is larger than MHARR. MHI is larger due in part to their differing goals and missions. MHI claims to represent “all segments” of manufactured housing. So, MHI represents manufactured housing builders or producers (production) and “post-production” firms such as communities, retailers, finance, transporters, installers, and others. There are potentially tens of thousands of firms that MHI could draw members, due to their being both production and post-production.
By contrast, MHARR has constituently maintained that they are focused on production related issues because their members are HUD Code manufactured housing production. There are only a few dozen such firms.
Despite the fact that MHI has dozens of times more members, far more cash flowing in from dues and others sources, several times the MHARR staff, etc., MHARR has pulled off a potential win for the industry. Yet, MHI is playing self-admitted catch up, still reviewing a legal decision while MHARR is pressing ahead based upon that court ruling that MHARR’s Mark Weiss, J.D., president and CEO of the Washington, D.C. based production trade group has already accomplished.
- Again, what is MHI doing? Why are they so behind the eight-ball, given their greater size and resources?
To briefly segue, the select post-production issues that MHARR has delved into are due to what they maintain are MHI’s failure to properly address. Specifically, that would include the Manufactured Housing Improvement Act of 2000, it’s “enhanced preemption” rule that arguably allows HUD to overcome local zoning and placement barriers (post-production problems). Then, there are the retail finance issues that MHARR has been pressing, again, primarily due to the fact that MHI has talked without having achieved their own stated goals.
The pithy Ghorbani quotation about photo ops vs. performance could be repeated here once more. But instead, let’s consider an outsiders’ eyes on industry events.
Next, as balance and in fairness to MHI – plus for the sake of giving direct evidence to those who have not yet recognized that MHI is apparently falling down on their own claimed efforts – here is that entire MHI portion of their message to the “Federated States.” Note that while there may not be 100 percent overlap, when one thinks of the “Federated States, think MHEC members who are MHI state affiliates.
Restated, this is MHI communicating to their own ‘team.’ The logo is added for clarity as to the source. This is from the portion of the emailed MHI update that focused specifically on the DOE energy rule.
Federated States Newsletter – February 22, 2022
CALL TO ACTION
Act Now and Join 300+ Industry Colleagues Who Have Told DOE its MH Energy Standards are Unreasonable
Thank you to everyone who has participated in MHI’s Call to Action about the Department of Energy’s (DOE) draft Environmental Impact Statement (EIS) which evaluates potential impacts of the Department’s proposed action to establish energy efficiency standards for manufactured housing. The draft EIS provides an additional opportunity for MHI and the industry to continue our strong advocacy.
It is critical that DOE hear from all sectors of the manufactured housing industry about how detrimental this proposal would be for homeowners. Please join MHI’s effort and tell DOE that their actions will place homeownership out of reach for many Americans by submitting a letter on behalf of your association. Comments are due no later than Monday, February 28th.
To assist in this effort, MHI has attached a template letter for you to utilize to submit your comments. To submit your comments, click here and under the “Comment” section type “See attached letter.” Then, upload a pdf version of your letter in the “Attach Files” section and enter your email address and select the box labeled “Organization.” You will then be prompted to enter your contact information. When done, just hit the “Submit Comment” button and your letter will be sent to the DOE.
In addition to submitting an association letter, please also continue to share the Call to Action with your members and colleagues. Share the below link and tell them to follow the simple steps on MHI’s website. The letter to DOE has already been composed – all they have to do is insert their home address and click submit.
Further, a recent court ruling by a Louisiana federal judge blocks the Administration from using the use of “Social Cost of Carbon” estimates in federal rulemaking. As part of the “Memorandum Ruling”, the court cited the DOE’s proposed rule for manufactured housing energy efficiency standards, as a federal rulemaking which utilizes the social cost of carbon in its cost-benefit analysis. MHI is currently reviewing the ruling.” ##
Additional Information with More MHProNews Analysis
On a separate track but still part of the broader energy battle in manufactured housing is the following.
Let’s briefly note that the Regulatations.gov website appears to be back online.
As was noted in more detail in our Sunday 2.20.2022 report, Regulations.gov specifically says that Astro-turf style emails are not effective on the federal source being hit by multiple nearly identical messages.
Nevertheless, MHI continues to use that method. Hold that thought for another time or check out the Sunday report for a deeper understanding of the issue.
To step back in time to a DOE related issue is the following.
On 2.2.2022, MHProNews reached out to Next Step’s Stacey Epperson asking for a clarification on her thinking regarding their stated position on the DOE Energy Rule.
Despite having been interviewed previously by this source, Epperson has declined comment to MHProNews on the DOE energy rule.
Seeking a second set of eyes on Epperson-led Next Step’s claims, MHProNews also asked Phil Schulte to unpack the Next Step claims.
Schulte is a former federal official. Per an email from Schulte to MHProNews, a snapshot of his bio is as follows. “I worked at HUD for a number of years before leaving the Department at the very end of the Clinton Administration. During the 1980s, I was the senior loan specialist for the FHA Title I program and I dealt primarily with manufactured home lenders. I was FHA’s representative to GNMA when the first servicer defaults began occurring in the mid-1980s. I worked directly with GNMA staff to coordinate the Title I claim filing process and to make a very difficult situation better. When the Title I insurance ran out, GNMA had to absorb all of the losses from these loan pools. Secondary market organizations hate having to manage large blocks of defaulted loans and that experience had a lasting impact on GNMA.
In the early 1990s, I became the Chief of Compliance in the Manufactured Home Construction and Safety Standards Division where I was responsible for the regulatory system for about 240,000 homes being produced each year. I was later made the Acting Director of the Manufactured Home Division and worked on the energy and ventilation standards and the joint DOT_HUD regulation on the transportation of homes. So, I have a background in both loan origination and financing, secondary market operations and construction and safety standards.”
With that background noted, here is what Schulte told MHProNews search for an objective view on Next Step’s arguments. As MHProNews has previously reported, 10 Democratic Attorneys General
I have attached a loan amortization spreadsheet to show the difference between the principal and interest cost for a $70,731, $74,645 vs. $78,804.10 (10% greater than the base) 20 year loan. So yes, if you increase the loan amount by 10% and everything else remains the same, the principal and interest monthly payment on the loan will increase proportionately.
The PITI plus utilities with savings data that you sent me from Next Step Inc. appears to be based on some 2020 CFPB data that includes principal and interest, taxes, insurance plus energy improvement costs after increasing the mortgage amount from $70,731 to $74,645. To simplify matters, let’s cut out the taxes and insurance and just look at the mortgage principal and interest.
By increasing the loan amount to $74,645, you increase the monthly principal and interest payment by $34.22, or roughly 5%. If the monthly energy savings are $70 a month by enacting the new energy standards, then the all in cost to the homeowner drops by $35.78, despite the higher mortgage amount. Of course to do a proper life cycle cost analysis, you have to adjust for the net present value of the energy cost savings over the life of the home as DOE did in their proposed manufactured home energy rule.
Let’s take that thoughtful analysis by Schulte at face value. Schulte’s amortization table referenced above is linked here.
Does that mean that Next Step is correct, and that those Democratic AGs should press ahead who used her comments to frame their own arguments should press ahead?
As Schulte noted, there are nuances that this analysis doesn’t include. “Of course to do a proper life cycle cost analysis, you have to adjust for the net present value of the energy cost savings over the life of the home as DOE did…”
But the argument made by some industry voices – including MHI and MHARR – is that the higher cost for buying the manufactured home will by itself keep some from qualifying for a new manufactured home loan. There is no ‘savings’ for a prospective manufactured home buyer when someone is “priced out” and can’t qualify to buy the home in the first place.
For those priced out, there is only the loss of equity that might have otherwise occurred for them.
Thus, for a federal or state agency to mandate such a standard is to remove on a practical level the rights of numbers of prospective homebuyer to choose between renting, owning, and if they so desire to buy a more energy saving manufactured home.
But as MHARR has stressed for years, it is in some ways a false argument. MHARR has said that manufactured homes already cost less per housing unit to operate than conventional houses. The counterclaim can be examined in the report linked below. A cost-per-square foot analysis, while interesting, but misses the point of the HUD Code’s overall goals of providing affordable homes that millions of Americans can qualify for and can sustainably own.
The loss of choice matter vs. energy mandates also merits an additional set of factors that energy-rule interests don’t like to directly address. It is this.
Property Management reported the following. “The average length of homeownership is 16 years, with lower-earning and less educated householders more likely to remain in their homes longer. 42.3% of homeowners have lived in their current home for less than 10 years. 8.6% of homeowners have lived in their home for 40 years or more” on 11.12.2021.
As with all data, other sources may yield a different claim on residential longevity. That noted, using their example, one reasonable takeaway from Property Management is that over 42 percent keep a home for less than 10 years. What that can mean is that some buyers who plan to live in their manufactured home for less than a decade may never recoup the additional cost paid for a home if energy mandates take effect. Meaning, in less than a decade, the ‘savings’ in energy may not offset the added upfront costs mandated for a buyer to own that residence.
That’s the difference between freedom of choice, which is quite American, and a loss of choice, which is un-American.
In fairness, that hypothetical saving energy – generally speaking – is as logical as it is to say that someone shouldn’t waste, water, food, or anything else of value. But just as some vehicle buyers want a bigger – less fuel efficient – vehicle, something similar may occur in the housing arena. For some, a larger vehicle with a more powerful engine that gets lower gas mileage may be a whim or desire. For others, it may be necessary. For instance in the later, a larger, less fuel efficient truck may be necessary to tow an RV, boat, or other trailered addition. For those who are thinking in terms of electric vehicles, they still use energy too; they simply aren’t using fuel pumped from a gas station’s pump.
More Energy Rule Battle Insights
Such facts must be framed in the broader context of how the industry got to this point in time in the first place.
MHARR has repeatedly stopped this arguably flawed ‘scheme.’ But a Warren Buffett supported nonprofit sued the Trump DOE to revive the 2007-era MH energy rule effort. Inexplicably, the Trump DOE came to a settlement. Buffett, of course, is the Chairman of Berkshire Hathaway, which owns Clayton Homes, affiliated lending. They arguably dominate MHI. They have often had a Berkshire-owned brand executive as MHI chairman. Several MHI board members are with firms owned by Berkshire. A large segment of MHI revenues flow from these Berkshire-owned brands. It is fair to say that what Berkshire wants from MHI, Berkshire gets.
Then, there is the unchallenged history of MHI working behind the scenes with DOE and supporters of the energy rule. That’s unchallenged, because:
- MHProNews has obtained the documents that demonstrate that claim and
- because when asked, neither MHI, their dominating brands, nor their outside attorneys have denied the accuracy of that evidence.
Last for now, but not least.
Next Step has been supported by MHI and by Clayton Homes, among others. When someone says that Next Step has created this document that Democratic AGs have relied upon as part of their arguments, when that money trail for Next Step is followed, it leads directly back to Clayton and MHI.
Summing Up DOE Rule and MHVille
There are broadly speaking several takeaways possible from the review above. In no specific order of importance:
- Despite MHARR being smaller in size, scope, and resources, MHI is once more demonstrably caught asleep at the switch. Note that former MHI chairman Nathan Smith is one of several MHI voices that have admitted that MHI has fumbled or missed on key issues.
- Time will tell if MHARR has bought more time through their engagement with Missouri’s AG, or if that engagement has provided useful input that may have stopped the costly and arguably un-American energy DOE rule from ever taking effect.
- MHI admits in writing that they are steps behind MHARR’s significant efforts – or MHProNews in reporting – without mentioning them or us by name.
- By contrast, a close reading of MHI’s efforts have proven to once more be ‘show horse’ ‘razzle dazzle’ as opposed to work horse efforts that produce a demonstrable and potentially positive result that MHI claims to want.
We opened with the quote: “Support needs to be more than words.” That’s true in manufactured housing, and in other parts of life. MHI’s ‘representation’ of “all segments” of manufactured housing has during the Berkshire era resulted in a demonstrably smaller industry.
Those are not facts that will be stated with such pointed clarity in MHI mouthpieces such as MHInsider, their pro-MHI bloggers, much less their own emails. When comparing and contrasting those sources with this one, several of the topics covered here are ignored, downplayed, or dismissed by others. That arguably benefits MHI and their dominating brands. Those factors tend to lead to the consolidation of the industry.
This is a time when someone should take Buffett acolyte Kevin Clayton at his word.
To draw to a close on this specific topic, the very fact that smaller MHARR has achieved so much with so little is a reason why even a modest, but earnest and focused post-production trade group being firmed could prove so useful to manufactured housing industry growth. See MHARR’s white paper on that topic in the link below.
The upcoming Biloxi manufactured housing event (sans HUD Code houses…) might be a place where independents could meet away from MHI’s prying eyes to set the stage for a post-production trade group that could team up with MHARR. A new and authentic – vs. posturing – post-production trade group that teams up with MHARR could yield a significant return on investment (ROI). During an affordable housing crisis, HUD Code manufactured housing should have soared well beyond its glory days.
Darren Krolewski, MHVillage-MHInsider ‘One Challenge is Not Enough Positive News About Manufactured Housing to Counter Negative’ News; Frank Rolfe, Brad Nelms ManufacturedHomes, George Allen, Kurt Kelley, Sunday Headlines Review – Facts & Analysis
MHARR has called for that post-production trade group for well over a dozen years. It is never to late to get started on that worthy goal, so long as it is forged in a fashion that would align with MHARR’s pro-growth, and pro-consumer efforts. Stay tuned, and next up is our business daily manufactured housing connected equities and markets report.
As a perhaps well-earned dig, MHI’s so-called “action center” perhaps ought to be renamed as MHI’s ‘posturing center.’ After all, there is so much that happens with respect to MHI, that they truly have earned regular attention to the satirical phrase, ‘you can’t make this stuff up.’ With MHI, the truth is stranger than fiction and is routinely troubling. But facts are what they are. Those in the industry still under the MHI spell needs to wake up, smell the coffee, look at decades of evidence, and move on. Otherwise, the industry’s remaining independents are waiting to be the meal of some MHI consolidator.
Notice: Ukrainian Contact Tells MHProNews:
Thank you for your email. At the moment I am working to save my guys. Keep them safe.
Putin said in his statement that he will be expanding Earlier occupied territory. However, attack on Ukraine is a full force. Ukraine is being attacked from all fronts now.
Ukrainian Army is fighting and fighting very well. Numerous airplanes, helicopters and tanks of Russian army were destroyed by Ukrainian forces.
Russia is using everything but nuclear weapons against Ukraine now.
If [Vladimir] Putin is not stopped, you are watching beginning of WW3.
A lot of people in Russia are not supporting Putin’s actions. This morning several Tanks of Russian army were abandoned in the field by Russian soldiers who refused to cross Ukrainian border.
Ukraine needs western support to keep off this aggression. We need real equipment, humanitarian aid and a lot of sanctions to support Ukraine’s fight.
This is synopsis of today.
Note: Michael Podolsky is a co-founder of PissedConsumer.com – one of the largest, fastest growing and most trusted websites in consumer reviews. When asked if his comments were on or off the record, Podolsky replied: “It is truth. Feel free to quote me, Mike.” The initial comments were emailed at 7:48 AM ET. Note it contains some insights not yet heard on mainstream media.
Manufactured home industry professionals should keep in mind that this has already impacted fuel costs. What happens in this issue matters: short-, medium-, and long-term. Freedom isn’t free. Stay tuned. ##
Next up is our daily business news recap of yesterday evening’s market report, related left-right headlines, and manufactured housing connected equities.
The Business Daily Manufactured Home Industry Connected Stock Market Updates. Plus, Market Moving Left leaning CNN and Right-leaning (Newsmax) Headlines Snapshot. While the layout of this daily business report has been evolving over time, several elements of the basic concepts used previously are still the same. For instance. The headlines that follow below can be reviewed at a glance to save time while providing insights across the left-right media divide. Additionally, those headlines often provide clues as to possible ‘market-moving’ news items.
Market Indicator Closing Summaries – Yahoo Finance Closing Tickers on MHProNews…
Headlines from left-of-center CNN Business – from the evening of 2.23.2022
- Bracing for a hit
- President Joe Biden speaks about Ukraine in the East Room of the White House, Tuesday, Feb. 22, 2022, in Washington.
- Joe Biden vows to shield Americans from a gas price spike. That won’t be easy
- Dow falls more than 460 points as Russia-Ukraine worries sink sentiment
- To hurt Russia, the West will end up hurting itself
- Investors are buying up a record share of US homes
- Don’t expect the Fed to slow rate hikes just because of the midterms
- Economist: Market is overestimating Fed’s rate hike plans
- Trump SPAC’s stock nears record high after his app debuts to mixed reviews
- These are the sanctions that could really hurt Russia
- ‘We are a gas superpower.’ Ex-Trump regulator says US can help Europe
- Germany halts Nord Stream 2 and Russia responds with a stark warning
- Watch: Reporters harassed at Canadian Covid-19 protests
- Yeezy Gap unveils Balenciaga collection that includes a $440 denim jacket
- Target will hand you a Starbucks coffee with your curbside pickup order
- How a battery shortage could threaten US national security
- Buying is more affordable than renting in these cities
- Loop is launching in 25 Kroger stores in the Portland metro area. This partnership will allow a number of products to be available at those stores in reusable packages for around 6 months.
- Pantene and Stubb’s will be sold in reusable containers at some Kroger stores
- A man on a delivery bike rides in the street after a winter storm hit New York City, on February 19, 2021.
- Your delivery orders are making restaurants mad. Now they’re fighting back
- Pepsi introduces a first-of-its-kind flavor
- Raynell Steward, CEO of the Crayon Case in New Orleans, LA.
- Influencer makes millions on school supply themed cosmetics
- TikTok’s wealth coaches teach women to be rich
- Elon Musk says he’s thinking of being a full-time influencer
- Kim Kardashian sued for promotion of crypto token
- An orange cat becomes a voice for US union workers
- Reporters harassed at Canadian Covid-19 protests
- What Roche CEO learned from the Covid-19 pandemic
- Billionaires added $5 trillion of wealth during COVID-19
- How much longer can China handle ‘zero-Covid’?
- ‘State-of-the-art’ health tech needed after pandemic
Headlines from right-of-center Newsmax – evening of 2.23.2022
- Prosecutors in Charge of Trump Criminal Probe Have Resigned, Leaving Case in Limbo
- Former President Donald Trump and New York City District Attorney Alvin Bragg. (AP)
- The New York Times, citing sources, reported that the two quit after DA Bragg raised doubts about pursuing a case against Trump.
- Russian Invasion of Ukraine
- Zelenskyy: ‘Future of European Security Is Being Decided Now’
- US Intel Warns Ukraine Russia to Invade Within 48 Hours
- Biden Orders Sanctions on Nord Stream 2 Pipeline Firm
- Ukraine’s Parliament Sets State of Emergency
- Madeleine Albright: Full-Scale Invasion ‘Historic Error’
- Ukraine’s Minister Says Banks Hit by Denial of Service Attack
- Putin: Russia Open to Diplomacy But Won’t Compromise on Security
- Russian-Backed Separatist Leader: Want Peaceful Resolution
- China: Taiwan Is ‘Not Ukraine,’ Has Always Been Part of China
- US to Cut Russia Off From Tech If Putin Escalates
- Nations Sanction Russia Over Ukraine
- More Russian Invasion of Ukraine
- Newsmax TV
- Dershowitz: Convoy Has Same Right to Protest as Black Lives Matter | video
- Comer: Biden’s Sanctions Will Hurt US ‘as Much If Not More’ | video
- Hartzler: Legislation Proposed to Prevent Chinese Spying | video
- ‘People’s Convoy’ Organizers: We’ll Be Peaceful, Start With Prayer | video
- Chip Roy: Southern ‘Border Still Wide Open’ | video
- Waltz: Biden’s Russian Response ‘Definition of Appeasement’ | video
- Rick Perry: ‘I Don’t Trust’ Biden or Germany on Nord Stream 2 | video
- Fallon: Appalling That US Didn’t Lead on Russia Sanctions | video
- More Newsmax TV
- Trudeau Revokes Emergency Powers After Canada Blockades End
- Canadian Prime Minister Justin Trudeau announced Wednesday he is removing emergency powers police can use after authorities ended the border blockades by those opposed to COVID-19 restrictions as well as the occupation of downtown Ottawa.Trudeau invoked the powers last week…… [Full Story]
- USPS Signs Deal to Buy Gas-Powered Vehicles, Sidelining Biden EV Plan
- The U.S. Postal Service will begin to replace its aging mail trucks [Full Story]
- Ted Cruz to End Hold on State Department Nominees
- Ted Cruz, R-Texas, on Wednesday announced that he will end his [Full Story]
- Biden’s Global Missteps Fueled Russia-Ukraine Crisis, Experts Say
- As Russian President Vladimir Putin orders troops to move into [Full Story] | Platinum Article
- Experts Preparing for Fourth COVID Shot, Don’t Agree If It’s Needed
- As numbers are dropping in the omicron-fueled wave of the pandemic, [Full Story]
- New Two-Dose Vaccine 100% Effective Against Severe COVID
- Prosecutors in Charge of Trump Criminal Probe Have Resigned, Leaving Case in Limbo
- The two prosecutors in charge of the Manhattan district attorney’s [Full Story]
- Democrats’ Nord Stream 2 Inaction Critical to Putin’s Ukraine Plan
- Germany on Tuesday did what the Biden administration and Democrats in [Full Story] | Platinum Article
- Justice Department to End Trump-Era Program Targeting Threats Posed by China
- The U.S. Justice Department on Wednesday will end a program focused [Full Story]
- Supreme Court Hears ‘Public Charge’ Immigration Case
- Supreme Court justicesWednesday struggled over whether to let [Full Story]
- Biden Has Interviewed Three Black Women for Supreme Court
- President Joe Biden has interviewed three potential Supreme Court [Full Story]
- CDC Withholds Key COVID Data, Citing Fears of Misinterpretation
- The Centers for Disease Control and Prevention has been collecting [Full Story]
- School-Mask Mandates Contentious Even After COVID Wanes
- More states are lifting mask mandates for restaurants and businesses [Full Story]
- Britney Spears Lands Massive Book Deal
- Britney Spears has inked a massive book deal said to be worth $15 [Full Story]
- CFO Patronis: Under Biden, Inflation Is Too Damn High
- The situation is so critical, Bidens own Treasury Secretary Janet [Full Story]
- Airline Mask Mandate Expected to be Extended for Fourth Time
- The largest union of flight attendants expects the federal mask [Full Story]
- Dems Slam Sen. Scott’s Plan to Make Everyone Pay Income Tax
- The Democratic Senatorial Campaign Committee (DSCC) on Wednesday [Full Story]
- Study: Guns Pass Car Crashes as Leader of Potential Years of Life Lost Due to Trauma
- More potential years of life lost to deaths by trauma in the United [Full Story]
- Phil Mickelson Apologizes for Comments About Saudi-Backed Tour: ‘It Was Reckless’
- Phil Mickelson is apologizing for comments made about a Saudi-backed [Full Story]
- Migrants Clash With Police in Southern Mexico
- Dozens of migrants clashed with police in the southern Mexican city [Full Story]
- Amsterdam Apple Shop Hostage-Taker Sought 200M-Euro Ransom
- A gunman who held a hostage for hours in the Apple Store in Amsterdam [Full Story]
- Oscars Slim Down, Will Hand Out 8 Awards Ahead of Broadcast
- To combat slumping ratings, the Oscars are undergoing a radical [Full Story]
- Omicron Leading Us to ‘Herd Resistance’, but Herd Immunity Elusive
- Is omicron leading us closer to herd immunity against [Full Story]
- Reinfections with Omicron Subvariants Are Rare, Danish Study Finds
- Getting infected twice with two different omicron coronavirus [Full Story]
- Noem, South Dakota Republicans Take Aim at Abortion Pills
- Kristi Noem’s proposal to make South Dakota one of the hardest [Full Story]
- Hong Kong Forcibly Separating Children From Parents During COVID Surge
- Hong Kong parents are being separated from children and babies who [Full Story]
- A 10% Drop for Stocks Is Scary, But It’s Not That Rare
- The worries rocking Wall Street about interest rates, inflation and [Full Story]
- Biden-Putin Meeting Not Happening, Psaki Confirms
- White House Press Secretary Jen Psaki said Tuesday that Biden would [Full Story] | video
- Home Prices Rise 18.8 Percent in ’21, Most in 34 Years
- House prices saw their most significant increase in at least 34 years [Full Story]
- Dick Morris Slams Tucker Carlson for Sellout to Russia
- Those who have been apologists for Russia and Vladimir Putin, like [Full Story] | video
- Apple to Offer Gender-Neutral Siri Voice
- Apple’s newest version of its iOS operating system is unveiling a new [Full Story]
- Trump: ‘Getting to Be More and More Impressed With Durham’
- While Hillary Clinton is attempting to downplay the latest [Full Story]
- More Newsfront
- US Shifting Economic Gains to the Poor: Biden Admin
- Poorer Americans are seeing the benefit from strong U.S. economic growth, the Biden administration said on Wednesday, citing research suggesting that COVID stimulus and other measures may have eased inequality…. [Full Story]
- Citigroup Asks U.S. Employees to Return to Office From March 21
- Fed’s Daly: Pace of Policy Tightening Depends on Data
- Ford CEO Says No Plans to Spin off EV or Gas-Powered Vehicle Businesses
- US Treasury Yields Rise as Inflation Worries Persist
- More Finance
- Omicron Leading Us to ‘Herd Resistance’, but Herd Immunity Elusive
- Is omicron leading us closer to herd immunity against COVID-19?Experts say it’s not likely that the highly transmissible variant – or any other variant – will lead to herd immunity.” Herd immunity is an elusive concept and doesn’t apply to coronavirus,” says Dr. Don Milton…… [Full Story]
- Deaths of Pregnant Women, New Mothers Rose During Pandemic, Minorities Hit Hardest
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MHProNews has pioneered in our profession several reporting elements that keep our regular and attentive readers as arguably the best informed in the manufactured housing industry. Among the items shared after ‘every business day’ (when markets are open) is our left-right headline recap summary. At a glance in two to three minutes, key ‘market moving’ news items are covered from left-of-center CNN Business and right-of-center Newsmax. “We Provide, You Decide.” Additionally, MHProNews provides expert commentary and analysis on the issues that others can’t or won’t cover that help explain why manufactured housing has been underperforming during the Berkshire era while an affordable housing crisis and hundreds of thousands of homeless in America rages on. These are “Industry News, Tips, and Views Pros Can Use” © features and others made and kept us the runaway #1 in manufactured housing trade publisher for a dozen years and counting.
Manufactured Housing Industry Investments Connected Equities Closing Tickers
Some of these firms invest in manufactured housing, or are otherwise connected, but may do other forms of investing or business activities too.
- NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services, a manufactured home industry lender
- NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
- NOTE: Deer Valley was largely taken private, say company insiders in a message to MHProNews on 12.15.2020, but there are still some outstanding shares of the stock from the days when it was a publicly traded firm. Thus, there is still periodic activity on DVLY.
Manufactured Home Communities (a.k.a. ‘Mobile Home Parks’ – SIC) – Exploring UMH Properties; Fellow Manufactured Housing Institute Member Yes! Communities Suits and Settlements; plus MH Markets Updates
In cases such as Apollo, Berkshire Hathaway, Blackstone or others, manufactured housing may only be part of their corporate interests. Note: depending on your browser or device, many images in this report can be clicked to expand. Click the image and follow the prompts. To return to this page, use your back key, escape or follow the prompts.
MHProNews. MHProNews – previously a.k.a. MHMSM.com – has celebrated our 11th year of publishing and have completed over a dozen years of serving the industry as the runaway most-read trade media.
Sample Kudos over the years…
It is now 12+ years and counting…
Learn more about our evolutionary journey as the industry’s leading trade media, at the report linked below.
· For expert manufactured housing business development or other professional services, click here.
· To sign up in seconds for our industry leading emailed headline news updates, click here.
Disclosure. MHProNews holds no positions in the stocks in this report.
That’s a wrap on this installment of “News Through the Lens of Manufactured Homes and Factory-Built Housing” © where “We Provide, You Decide.” © (Affordable housing, manufactured homes, stock, investing, data, metrics, reports, fact-checks, analysis, and commentary. Third-party images or content are provided under fair use guidelines for media.) (See Related Reports, further below. Text/image boxes often are hot-linked to other reports that can be access by clicking on them.)
By L.A. “Tony” Kovach – for MHProNews.
Tony earned a journalism scholarship along with numerous awards in history. There have been several awards and honors and also recognition in manufactured housing. For example, he earned the prestigious Lottinville Award in history from the University of Oklahoma, where he studied history and business management. He’s a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com. This article reflects the LLC’s and/or the writer’s position and may or may not reflect the views of sponsors or supporters.