MHARR Statement on Marcia Fudge and HUD Standards Implementation, plus Manufactured Housing Investing, Stock Updates

DowJonesAvg3.10.2021AtCloseYahooMHProNewsThe Associated Press (AP) reported the following about Marcia Fudge’s appointment as HUD Secretary earlier today.

Senate confirms Ohio Rep. Fudge as housing secretary

WASHINGTON (AP) (3.10.2021) The Senate has confirmed Marcia Fudge to head the Department of Housing and Urban Development, placing the longtime Ohio lawmaker in charge of the agency just as Congress is poised to pass new benefits for renters and homeowners who have suffered economic losses amid the coronavirus pandemic.

Fudge, who has represented parts of Cleveland and Akron in the House since 2008, is a former mayor and a longtime advocate for assistance for the needy. She said at her confirmation hearing in January that her first priority would be protecting the millions of people who have fallen behind on rent or mortgages due to loss of income during the pandemic, telling senators that “we cannot afford to allow people in the midst of a pandemic to be put in the streets.”

Her confirmation, 66-34, comes as the Senate is approving a slate of President Joe Biden’s nominees.”

Merrick Garland was also confirmed today as Biden’s attorney general.

Fudge won bipartisan support for her nomination, including from Senate Republican Leader Mitch McConnell, who said he would support her and Garland,” said the AP.

These aren’t the nominees that any Republican would have picked for these jobs,” McConnell said ahead of the vote. “But the nation needs presidents to be able to stand up a team so long as their nominees are qualified and mainstream.”


NOTICE: It has come to MHProNews’ attention that a software glitch in recent days negatively impacted the reporting on Berkshire Hathaway (BRK-A) stock in our evening market report. That glitch has been corrected, starting today. MHProNews regrets the error. Our thanks to those who point out such glitches.


Before pressing on to tonight’s featured focus and for the benefit our growing numbers of new readers, a few quick evening/nightly market report insights.

  • Every business evening, MHProNews provides a bullet list of left-right news headlines from CNN and in a matter of moments, savvy professionals can see at a glance news headlines and views across the political spectrum.
  • This is a time saving and insightful way to quickly grab insights from across the left-right divide for those who are hooked on this market-nightly feature.
  • Our featured focus follows the quotable quotes, periodic political cartoons, those left-right headlines, and two of our three market summary graphics as reported at the closing bell.
  • After the featured focus, are some recent/related report links and the third manufactured housing focused stock equities graphic. There are some additional items that include the free signup for the manufactured housing industry’s x2 weekly emailed news to the most-read trade publication in our profession:

On a day that saw manufactured home connected equities broadly rise, let’s press ahead toward the MHARR media release on HUD Secretary Marcia Fudge and on the implementation of new HUD standards.


Quotes That Shed Light – Industry, American, Social, National Issues

While MHProNews editorially concurs with Gooch’s statement, it must be noted that MHI failed to intervene in the Bryan TX case when asked by industry members, including, but not limited to, MHProNews. Put differently, there is a case to be made that Gooch made this statement due to ongoing coverage in 2019 by MHProNews and MHARR over MHI’s failure to properly push this issue. See the Bryan, TX case in the report linked here.


Radde is a faithful MHI member, and by all accounts, a sincere one. It is not a slam on him to make this observation. Sources in Bryan, including Radde, made it clear that MHI sent no one to intervene in the ban on manufactured homes that occurred there. Why not? Why didn’t MHI ask HUD to issue an “enhanced preemption” letter on an issue that impacted their own members? That failure to act was confirmed by both a local attorney and a key city official. MHProNews specifically invited MHI to get engaged on this, and they failed to do so, why? Who benefits, unless the unstated plan is the slow and steady elimination of independents, while posturing to be their self-proclaimed ‘champions?’ Con artists routinely use the ruse of appearing to be an ally or friend when they are an enemy in disguise.
See a planned special report that is upcoming soon. To learn more now, click here for insights on the Bryan, TX example. That is one of several such cases MHProNews has exclusively exposed in manufactured housing trade media.

Headlines from left-of-center CNN Business

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  • Elon Musk made $25 billion Tuesday
  • Opinion: Our pandemic nightmare is almost over. We should all thank the US government
  • Why small grocery stores are (still) out of toilet paper
  • The pandemic forced a massive remote-work experiment. Now comes the hard part
  • Here’s what we know so far about the massive Microsoft Exchange hack
  • Companies on alert after apparent hack of cloud-based security camera service
  • Iowa reporter acquitted on all charges after arrest during Black Lives Matter protest
  • Meghan formally complained to ITV about Piers Morgan’s comments
  • The General Electric logo and buildings are pictured, in Belfort, eastern France, on September 24, 2020.
  • GE dismantles the business that ended its dominance a decade ago
  • Black women’s wealth is 90% lower than White men. Goldman Sachs is investing billions to change that
  • This illustration photo shows a container of Clorox disinfecting wipes in a kitchen in Culver City, California, on April 24, 2020, amid the novel coronavirus pandemic. – Top White House coronavirus advisor Deborah Birx shrank in horror and around the nation comedians sharpened their pens: President Donald Trump had just asked if virus victims couldn't be injected with disinfectant. Even as a new poll shows most Americans wish the former real estate magnate would leave science to the experts, Trump on April 23 evening hit a new high in the annals of amateur presidential doctoring.
  • As the pandemic winds down, Clorox is making some changes

Headlines from right-of-center Newsmax

  • Biden Restarts Program for Migrant Minors Amid Troubling Border Surge
  • The Biden Presidency
  • House Passes $1.9T Bill in Biden’s First Signature Win
  • Texas AG Paxton to Newsmax TV: Biden Admin Dodging Q’s on Border Figures Because They Created a Problem
  • Senate Confirms Merrick Garland as US Attorney General
  • US-China to Meet at Senior Level in Alaska Next Week
  • Senate Confirms Fudge as HUD Secretary
  • Tom Homan: Biden Administration ‘Created’ Crisis at the Border
  • Biden to Order 100 Million More J&J Doses, Boosting Stockpile
  • Newsfront
  • Trump Position Against Transgender Athletes Draws Broad Support
  • Former President Donald Trump’s position against allowing transgender athletes to compete in women’s sports has drawn wide-scale support in the latest poll…
  • Poll: Newsmax Is 2nd Most Watched by GOP, Now Beating CNN, ABC, NBC
  • Alaska Opens Vaccine Resident Age 16 and Up as More States Reopen
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  • Fauci: Make ‘Judgment Call’ On Travel When Risk Evidence Lacks
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  • McConnell Criticizes Capitol Security as Overreaction
  • Senate Minority Leader Mitch McConnell said on Wednesday that he is
  • These Are the GOP’s Rising Stars
  • Lawmakers Worried That Massive Hacks Exploited U.S. Internet Security Gap
  • Dow Hits Record as February Data Eases Inflation Fears for Some
  • US Eyes Free Transgender Surgery for Military
  • The Department of Defense has confirmed in recent memos that sex
  • Senate Confirms Merrick Garland as US Attorney General
  • The U.S. Senate on Wednesday voted overwhelmingly
  • Wall Streeters Who Fled to Florida Eye Return to NYC
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  • VP Harris Holds Solo Call With Norway’s Prime Minister
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  • Hundreds of thousands of Los Angeles children could return
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  • Medical Bill Worries Tied to Worse Outcome for Cancer Patients
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Market Indicator Closing Summaries – Yahoo Finance Closing Tickers on MHProNews…


Featured Focus –
Where Business, Politics and Investing Can Meet


MHARR provided MHProNews with the following media release today.


MHARR Statement on Marcia Fudge and on HUD Standards Implementation

 MARCH 10, 2021

 TO:                  MHARR MANUFACTURERS



 RE:                  SUBJECTS AS LISTED BELOW


            As expected by MHARR, HUD has published a notice in the March 10, 2021 edition of the Federal Register (see, copy attached), extending the implementation date for the so-called “Third Set” of manufactured housing standards revisions recommended by the statutory Manufactured Housing Consensus Committee (MHCC).  The standards, published as a final rule on January 12, 2021, originally had an effective date of March 15, 2021.  That deadline will now be extended 120 days, until July 12, 2021.

MHARR had previously noted that implementation of the new standards could be delayed, consistent with a “Regulatory Freeze” order entered by the Biden Administration upon assuming office in January 2021. According to HUD’s announcement of the implementation delay, the extension of the effective date for the new and revised standards is being provided in order to help manufacturers cope with supply chain delays attributable to COVID-19 pandemic disruptions, “modify processes to ensure compliance with the new regulation,” and consult, as necessary, with Design Approval Primary Inspection Agencies.

MHARR will continue to monitor this matter and will advise members of any further developments.



On a closely related matter, former Representative Marcia Fudge (D-OH), also as expected, was confirmed as Secretary of the U.S. Department of Housing and Urban Development by the U.S. Senate on March 10, 2021, on a vote of 66-34.

As reported previously, MHARR has already communicated with the incoming Secretary, and looks forward to working with Secretary Fudge to finally achieve the full and proper implementation of the Manufactured Housing Improvement Act of 2000, as well as much-needed reforms to the Federal Housing Administration’s (FHA) manufactured home financing programs and Government National Mortgage Association (GNMA) restrictions that have gutted those programs.

cc: Other Interested HUD Code Manufactured Housing Industry Retailers, Communities and State Associations  ##


MHProNews reported earlier today on a related issue. See the report linked above.

MHProNews prior report on then-nominee Fudge is linked below.


Programming NOTICE: barring the unforeseen (which can happen in media), MHProNews has a special report planned for tomorrow watch for it.

Related, Recent, and ‘Read-Hot’ Reports

AmericanInstitutionalFailureAffordableHousingManufacturedHomesNewDurhamEstatesDronePicSunshineHomesInteriorPhotoManufacturedHomeProNews - Copy (2) - Copy

Manufactured Housing Industry Investments Connected Closing Equities 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.



Winter 2021

Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.
· LCI Industries, Patrick, UFPI, and LP each are suppliers to the manufactured housing industry, among others.
· AMG, CG, and TAVFX have investments in manufactured housing related businesses. For insights from third-parties and clients about our publisher, click here.
Enjoy these ‘blast from the past’ comments.

MHProNews. MHProNews – previously a.k.a. – has celebrated our 11th year of publishing, and is starting our 12the year of serving the industry as the runaway most-read trade media.

Sample Kudos over the years…


It is now 11+ years and counting

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Notice, this photo was taken before several on Fox News took a turn away from more right-leaning reporting to more left-leaning or anti-Trump views.

By L.A. “Tony” Kovach – for
Tony earned a journalism scholarship and earned numerous awards in history and 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 This article reflects the LLC’s and/or the writer’s position, and may or may not reflect the views of sponsors or supporters.


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