A) In manufactured housing production, the elephant in the room is Clayton Homes. They are owned by Berkshire Hathaway, which also owns the 2 largest industry lenders, 21st Mortgage and Vanderbilt Mortgage and Finance (VMF). Berkshire also owns a large stake in the industry’s third largest single family manufactured home loan lender, Wells Fargo. There …
Facebook has a neat feature that reminds you of some post from the past. This morning, that Facebook feature reminded me of a post about MHVille that was from two years ago. We’ve begun to use the phrase – “wheat and chaff” – more often to describe the point that people and sources of …
Facebook, Manufactured Housing, and American Drama Read More »
Warren Buffett’s Annual Letter to Berkshire Hathaway Shareholders, and their annual shareholders meeting, are writ large on the calendar for investors. The same can be said for professionals who are in or researching – or in – the manufactured home industry. Clayton Homes – led by company founder Jim Clayton’s son, Kevin Clayton – become …
Executive summary. To solve a problem, to tap an opportunity, one must discover the root causes and address those core issues. There are numerous untold stories in the manufactured housing industry. The common stories read and seen in mainstream news tend to leave the uninformed with the impression that manufactured home owners got …
Happy MH Owners? Good Professional Actors? Overlooked, “Honorable People” Read More »
Affordable housing, including manufactured homes, is not a partisan issue. At least, it shouldn’t be. When HUD Secretary Ben Carson, M.D., and Senator Thom Tillis (R-NC) shared the brief exchange below, there was an energy in Carson’s words. It’s an energy – “a shock” – that many have experienced over the …
HUD Secretary Carson, Advocacy Groups, Politicos, & Manufactured Housing Shock Read More »
Clayton Homes made the news several times in recent days. As a heads up to readers, this mentions legislation, but that isn’t the headline topic. The example that follows exemplifies a reality check that will tee up an “Aha! Moment” for many. The subjects Clayton Homes has been included in mainstream media reports included such …
Clayton Homes, Manufactured Housing Industry News, Reality Check Read More »
