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Manufactured Home

FHFA Hearing Before Congress Raises GSEs’ Failure on Manufactured Home Chattel Financing

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The Ford-Kavanaugh hearing wasn’t the only place in Washington, D.C. that charges of sexual misconduct were being publicly discussed yesterday.   As was noted by the Daily Business News on MHProNews, the Federal Housing Finance Agency (FHFA), featured a pile-on by members of both parties aimed at Mel Watt. But his time in office is …

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Frank, Frustrations, and Free Enterprise February in MHLand, 2017

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Let’s be frank.  As nice as a roughly 15% growth of 2016 over 2015 is, manufactured housing could be several times larger than its current annual shipment rates. The Trump Administration which is touting more pro-business postures, offers the manufactured housing industry an amazing opportunity. Will the free enterprise solutions to the affordable housing crisis …

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Serious September – Manufactured Housing Industry Newsmakers, Reports, Articles and Interviews

Serious September 2015. It could just as easily be named, how to Scale Success, or Sliding Sideways September.  Which of the later two it will be depends on how each of us views and responds to events and opportunities.  Before outlining our STRONG Serious September Featured Articles and Interviews line up, let me explain what …

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New Financing for MH in 2015; Plus DC, Tunica and Louisville Updates

A lender who’s firm originated hundreds of millions of dollars in mortgages in December is poised to enter manufactured home (MH) lending. That lender holds a high level management role. Our source has been talking to us for about 2 1/2 years, as part of their expanding their understand of the MH space. He tells …

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Bank Vault Door Closes on Manufactured Housing Lender

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We’ve heard for some time the whispers about the now announced closure of U.S. Bank’s indirect manufactured housing lending program. To protect sources, we’ve been unable to do more than hint before today about what is now a done deal. We didn’t have a date, but knew it was ‘coming.’ What does this mean for …

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Self Evident Truths and Manufactured Housing

Let’s look at something (1) national in scope that will be surprising to many, and then push on to (2) Manufactured Housing’s own “self-evident” truths. 1) Beginning with a quote: QUESTION: Which President said the following? (HINT: It was during his Second Inaugural Address.) “. . . each time we gather to inaugurate a president, …

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