MHI Claims ‘Momentum’ in D.C. – HousingWire, MHInsider Showcase Manufactured Housing Institute CEO Lesli Gooch Op-Ed on DOE Energy Rule Sans Critique, Fact Check, Viewpoints; plus MHMarket Update

 

MHIclaimsMomentumInDC-HousingWireMHInsiderShowcaseManufacturedHousingInstituteCEOLesliGoochOpEdDOEenergyRuleSansCritiqueFactCheckViewpointsPlusMHMarketUpdateMHProNews

As a Manufactured Housing Institute (MHI) op-ed by their CEO Lesli Gooch, Ph.D., that follows revealed, they are once more claiming “momentum.” This time that claim applies to  what Gooch asserts is MHI “momentum” with public officials in Washington, D.C. As multiyear readers here may recall, MHI made a similar claim of “momentum” when they touted the launch of their arguably market failed CrossModTM homes initiative. Following that Clayton Homes supported MHI trademarked plan claim of ‘momentum’ manufactured housing production and shipments went into a 2½ year decline. That decline ended due to the extreme post-COVID19 housing boom, not due to anything that MHI can be credited with. Against that brief backdrop, by pairing two letters attributed to Gooch, and then comparing it to known facts, results in stark contrasts between MHI statements and the reality of the industry for independents.

As part of the fact check, analysis and expert commentary that precedes and follows Gooch’s claims and statements, the following introduction to her two recent op-eds are useful. Note that both HousingWire and MHInsider are apparently friendly platforms to MHI messaging. How can that be known? Simple. HousingWire Editor Sarah Wheeler, after agreeing to accept an op-ed by this writer that critiqued Gooch then declined running it. More recently, with respect to the Gooch missive below, Wheeler declined replying. De facto, HousingWire is an apparently friendly mouthpiece for MHI to publish claims without critiques. MHProNews has previously documented the cozy relationship between MHI, MHVillage, and MHInsider.

In days and years gone by, this publication was a member of MHI. This writer and MHI team members observed the organization up close and personal over the course of years. MHI used to compensate this publication for certain publicity items. MHI, they’re chairmen, and others in the that orbit gladly replied in short order to requests for comment. But roughly 5 years ago, that began to change. Now, they routinely avoid any direct response. Given that MHI’s outside attorney Goch once claimed that MHI wants robust debate so that authentic consensus is achieved, what happened?

MHI in their apparent posturing fails to mention that the Manufactured Housing Association for Regulatory Reform (MHARR) exists. Yet, it was MHI corporate leadership in the late 1990s that caused a pivot at the staff level which led MHI to team up with MHARR to get what became the Manufactured Housing Improvement Act of 2000 (MHIA or 2000 Reform law) enacted. Is MHI’s institutional memory too short to remember that it was after MHI teamed up with MHARR, the Texas Manufactured Housing Association (TMHA), and other state associations working in concert that led to the enactment of the MHIA. If MHI is serious about the concerns Gooch raised in the second op-ed below, why are they ignoring proven history and deliberately failing to work with MHARR?

Hold those thoughts as you read op-eds by Gooch to MHInsider first in a column dated 5.3.2022 and then her missive to HousingWire, dated 5.26.2022. In both cases, highlighting is added by MHProNews, but the text remains the same as in the originals.

QuoteMarkMHProNewsMHI Keeps Manufactured Housing on the National Agenda

By Dr. Lesli Gooch May 3, 2022

Policymakers in Washington are keenly focused on ways to address the nation’s affordable housing supply shortage. The need for immediate solutions is only increasing — in 2021, home prices increased by more than 18% while “real” average weekly earnings for U.S. workers fell by more than 3%. With housing inventory at near historic lows and economists estimating more than five million homes are needed, finding ways the federal government can help spur additional affordable housing supply is at the top of the agenda. The Manufactured Housing Institute is working to ensure manufactured housing is well-positioned to be at the forefront of these deliberations.

Talk of Manufactured Housing at the Capitol

Last September, the Biden-Harris administration directed federal agencies to use “every tool available in government to produce more affordable housing supply as quickly as possible.” Manufactured housing supply was a leading component of this effort, with White House Press Secretary Jen Psaki highlighting the administration’s commitment to boosting the supply of manufactured housing. Beyond Washington, the plan included calling on state and local governments to reduce zoning and financing barriers to manufactured housing which “allows families to achieve homeownership and build wealth.”

This is a historic time for our industry when our efforts in Washington continue to yield attention at the highest levels of government to help more Americans achieve homeownership through manufactured housing. As a result of the White House directive, an inter-agency task force has been convened to look at federal homeownership financing programs and how they can better support the purchase of manufactured homes.

With current HUD Secretary Marcia Fudge pledging her support of manufactured housing at numerous congressional hearings, saying it is an “outstanding option,” MHI’s efforts to educate policymakers has positioned us to ensure federal efforts to increase the affordable housing supply in America will include changes in policy that support manufactured housing. In addition, to support by administration officials, MHI has worked to ensure that the benefits of manufactured housing are a topic at every affordable housing hearing that has taken place in the 117th Congress.

We are not just cultivating relationships with those congressional representatives that already know us.. We are taking our message about the quality and affordability of manufactured homes to congressional leaders, including many who have never seen a manufactured home but want more quality affordable homeownership options in their districts.  Our efforts have yielded results and through our advocacy, we have support from congressional members on both sides of the aisle and from all parts of the country – saying at hearings that manufactured housing is “the most affordable homeownership option available nationwide” and “manufactured housing offers a safe and affordable, wonderful, place for a family to call home.”

Seize the Opportunity

Now is our time, and MHI is seizing the opportunity to advance key priorities to grow the market, including ensuring federal housing finance programs (FHA, Fannie Mae, Freddie Mac, USDA, VA) support manufactured housing; updating the HUD Code on a regular cadence; making sure efforts to increase energy efficiency standards for manufactured housing are feasible and cost-effective; moving the federal government to address local exclusionary zoning policies and enforce the preemption of the HUD Code; and supporting the preservation of land-lease communities.

In addition to our direct work with federal policymakers, MHI’s membership has served as a key grassroots connection to elected representatives and regulators. Since the beginning of the 117th Congress and the Biden Administration, we have generated more than 1,500 contacts to the administration and Congress. Our advocacy has resulted in the first update to the FHA Title I program in 40 years; the first comprehensive updates to the HUD Code in decades; the Senate telling HUD to expedite further updates to the HUD Code and further FHA financing reforms; House members telling the Department of Energy they do not support the proposed efficiency rule; and administration efforts to address lumber prices and supply chain shortages. MHI is also developing partnerships with key national housing and business coalitions to ensure industry priorities are embraced by the advocacy community so that our voice to policymakers is even stronger. Through these relationships, MHI has participated in numerous housing industry events, including the National Association of Realtors® December “Real Estate Forecast Summit: The Year Ahead.”

Build for the Future

MHI is continuing to build upon our momentum from 2021 so that we can continue to elevate housing innovation and expand attainable homeownership. We will continue to build relationships with federal policymakers and ensure the manufactured housing industry continues to be a part of the federal dialogue about addressing our nation’s housing challenges. Our access to Washington policymakers is as strong as ever and it is bolstered by the direct engagement from MHI members to their elected representatives to keep our issues at the forefront.

In addition to advocacy, we are committed to supporting our members with quality events, education, and information.  Our upcoming in-person conferences will be packed with exceptional programming and networking opportunities. In addition, we are growing our resources for members, ranging from useful economic reports to interactive maps on topics like zoning and manufactured housing communities, to timely news and updates. MHI continues to gain momentum in Washington, not only due to our effective advocacy strategy but because of what is happening in the industry – the quality of our houses and our people. Together, with a strong voice and unified message, we will ensure federal policymakers support our industry’s growth so that the American Dream of homeownership can be a reality for more Americans. ##

 

That string of statements and claims by Gooch for MHI sounds impressive, doesn’t it?

The problem is that it Gooch’s claims are contradicted by other facts, information, and even other MHI statements. Ironically,  among the most potent contradictions of her rosy claims above are not from an MHI critic, but rather from Gooch herself. For evidence, see what she said below. Her next op-ed makes it clear that the above is mostly frothy spin, or smelly BS.

MHI and Gooch can’t have it both ways. If they are so effective in Washington, then why did Gooch have to change her tune in the same month both of these two op-eds were published? But even after self-contradictory claims, Gooch tries below to posture MHI as a savior for manufactured housing from what she admits is a costly and looming problem.

Restated, after touting their stronger than ever relationships and “momentum” in Washington, Gooch admitted below that “it is disappointing that the final rule for manufactured housing energy standards that the Department of Energy (DOE) released just two days later does precisely the opposite” of what the Biden White House statement promised on manufactured housing or housing in general.

Additionally, as MHProNews spotlighted by using HUD Secretary Marcia Fudge’s own words captured on video by CSPAN, Fudge may provide Gooch some nice sounding phrases that MHI can then spoon feed to trusting members. But the troubling reality is that Fudge shot down MHI’s supposed support for the claim that the Manufactured Housing Improvement Act (MHIA) of 2000 (sometimes called the 2000 Reform law) and enhanced preemption. MHI can’t have it both ways. Who does Gooch think she is fooling? Or is Gooch illustrating the wisdom of honest Abe Lincoln, who said that no person has a good enough memory not to get caught in their own lies? Both classic Lincoln quotes below seem to apply to what’s occurring in manufactured housing.

AbeLincolnQuoteNoManHasMemoryGoodEnoughToBeASuccessfulLiarAbrahamLincolnPhotoMHProNewsQuoteableQuote
By carefully tracking the various statements and claims, past or present, by Warren Buffett, Kevin Clayton, Clayton Homes, MHI, et al, MHProNews is able to demonstrate the apparent disconnects between their prior claims and their later deeds.
YouCanFoolAllofthePeopleSomeoftheTimeSomeofthePeopleAlloftheTimeButCantFoolAllofthePeopleAlloftheTimeAbrahamLincolnAbeLincolnQuoteMHproNews
For those who know authentic vs. weaponized American history, there is indeed a series of attempts to ‘fool’ the people on a range of issues. That being so, is it any surprise that similarly bold efforts to ‘fool’ most professionals and the broader public about manufactured housing’s realities also exists?

Against that backdrop is the following on HousingWire. As in the above, highlighting is added by MHProNews, but Gooch’s text remains unchanged.

 

QuoteMarkMHProNewsOpinion: A more balanced approach to manufactured home energy efficiency

New manufactured housing energy standards would actually increase the burden of housing costs

May 26, 2022, 4:52 pm By Lesli Gooch

The Manufactured Housing Institute (MHI) appreciates that the Biden administration has created a White House Task Force on Manufactured Housing. We also commend the administration for the White House initiative announced a week ago Monday to “Ease the Burden of Housing Costs,” which a Housing Wire article noted is designed to reduce regulatory hurdles.

So, it is disappointing that the final rule for manufactured housing energy standards that the Department of Energy (DOE) released just two days later does precisely the opposite. It would actually increase the burden of housing costs. The final DOE rule even acknowledged that it would raise new manufactured home prices.

Manufactured housing is by far the most affordable homeownership option in America. The industry is building quality affordable homes that are already energy efficient and resilient.  However, by any objective analysis based on the real-world impact on actual homebuyers, the annual cost burden from those price increases will exceed the speculative energy savings that DOE hopes will take place.

Both the standards and the underlying methodology used to develop them are fundamentally flawed. EISA, the underlying statute behind the standards, was clear. The standards were required to take into consideration current manufactured housing construction methods and transportation requirements for homes built in a factory and transported to the site. At best, this was merely given lip service.

EISA was also clear that the IECC, the site-built building code, could only be used if proposed energy standards were “cost effective,” and further that DOE was required to consider iterative proposals to find the standard that is most cost effective.  But this too did not happen.

Instead, the DOE standards relied on speculative home price appreciation assumptions a decade later — while ignoring that in the real world, increased annual mortgage costs to actual homebuyers as a result of the higher prices would exceed projected energy savings. It ignored that in the real world many potential homebuyers would no longer qualify for a mortgage to buy a home because of the higher prices.

Arguably, these flaws stemmed from DOE’s failure to follow the EISA statutory requirement to consult in a meaningful way with HUD — the federal agency with housing expertise — in developing the standards.

Fortunately, there is still time to sort these issues out. The DOE rule established a one-year implementation period. More importantly, HUD — the very agency DOE should have relied on for affordability expertise — should have the final say before the standards can become effective.

Under the 2000 Manufactured Housing Actall manufactured housing construction and safety standards (including energy requirements) are governed by the HUD Code. And, HUD, acting on recommendations by its Manufactured Housing Consensus Committee, has exclusive authority under the HUD Code.

So, . Moreover, they shouldn’t take effect until the DOE standards and the HUD Code are reconciled, since manufacturers should not have to sort through two standards.

There is “Manufactured Housing Affordability and Energy Efficiency Act of 2022” – that clarifies all these points. Adoption of this bill would further ensure that these new manufactured housing energy standards do not come at the expense of manufactured housing homeownership affordability.

MHI supports energy-efficient manufactured homes. In MHI’s comment letter, we did not just criticize the DOE draft rule, we offered a cost-effective alternative proposal that balances homeownership affordability and energy efficiency. As HUD considers energy efficiency standards generated by DOE, we strongly urge adoption of a more balanced proposal along the lines MHI put forth in our comment letter.

As this process goes forward, MHI would also like to see other loose ends tied up. A recent court case, Louisiana vs. Biden, raises serious questions as to the legal validity of the DOE standards, since they seem to be based on the same methodology that the judge in that case ruled were invalid.

The DOE standards also failed to address a fundamental flaw in the underlying EISA statute, which is that the enforcement mechanism authorizes penalties that are based on the term “retail list price.” No such metric or term exists in manufactured housing, and the final rule did not address this flaw. Confusion among manufactured home manufacturers and retailers about issues like this would impede the use of manufactured homes as our nation’s most affordable homeownership option.

Another question: is DOE going to be responsible for determining whether the standards are being complied with, even though HUD has responsibility for manufactured housing and construction safety standard compliance under the HUD code? Or is HUD responsible for determining compliance for DOE standards?

This are just a few examples of the folly of making critically important housing affordability decisions without a direct, active role for HUD, the federal agency which has housing expertise and housing affordability as its mission.

MHI looks forward to working with HUD and other parties to get this important standard right as we face the twin challenges of housing affordability and energy efficiency. ##

Lesli Gooch is the Chief Executive Officer of the Manufactured Housing Institute (MHI), the only national trade group that represents all sectors of the manufactured housing industry.

This column does not necessarily reflect the opinion of HousingWire’s editorial department and its owners.

To contact the author of this story:
Lesli Gooch at mhigov@mfghome.org.

To contact the editor responsible for this story:
Sarah Wheeler at sarah@hwmedia.com ###

 

Additional Information, More MHProNews Analysis and Commentary

HousingWire have a disclaimer about Gooch’s column not representing the views of their editorial department or owners. Be that as it may, by failing to publish opposing views, they have de facto elevated Gooch’s perspective as if it were the only meaningful one on these issues from the manufactured housing industry perspective. That’s hardly the case. The Manufactured Housing Association for Regulatory Reform (MHARR) could have been contacted by HousingWire and asked for their viewpoints on these issues.

MHIdoesNotRepresentTheEntireManufacturedHousingIndustryManHousingAssocRegReformMHARRRebukesManufacturedHousingInstituteCommentsFederalResponseLOGO
See report at: https://manufacturedhousingassociationregulatoryreform.org/mhi-does-not-represent-the-entire-manufactured-housing-industry-mharr-rebukes-manufactured-housing-institute-comments-in-federal-response/

Or, Wheeler could have honored her prior offer to this writer for MHProNews.

What follows could reveal that Wheeler knew there are other perspectives, which she claims to “welcome” a response column published by Gooch in a prior HousingWire op-ed. After all, as her email shown below reflects, Wheeler agreed to accept such an article in an message dated Wednesday, Oct 6, 2021 at 2:44 PM. Here was her reply to the MHProNews’ media inquiry.

 

QuoteMarkMHProNewsHi Tony —

Yes, we would welcome an op-ed from your point of view. We don’t have a word-count limit and 1,200 is fine, but shorter would work as well. We always include an email of the author in case people want to reach out to you after. Let me know if this is the email address you would want to include for that. If you send and don’t get a timely response, feel free to reach out again — emails can get buried very quickly! Thanks!

Sarah Wheeler
Editor in Chief
HousingWire
… ##

There was no timeline or no word-count limit, per Wheeler’s email. But despite multiple follow ups, the op-ed submitted by this MHProNews writer, which is linked here, was not published. Nor were there any replies from Wheeler or her colleagues. These facts beg the question: has Wheeler de facto given cover to and favored Gooch and MHI over evidence of other voices with a very different viewpoint than hers within manufactured housing? See the report linked below.

https://www.manufacturedhomelivingnews.com/exploring-housingwire-editor-sarah-wheeler-manufactured-housing-institute-ceo-lesli-gooch-op-ed-support-mhi-claims-but-affordable-housing-manufactured-home-industry-woes-mount/

 

The Manufactured Housing Institute (MHI) leaders, or even attorneys working for MHI, routinely fail to respond to inquiries from skeptics or critics. Who says? It is revealing that the voices that make such points directly or by inference include several of MHI’s members.  It includes the now co-president of MHVillage/MHInsider, Darren Krolewski.  He said there is more bad new than good news and that this is a factor stunting the industry’s potential.

DarrenKrolewskiPicMHVillageMHInsiderManHingInstLogoChallengeNotEnoughPositiveAboutManufacturedHousingCounterNegativeNewsFrankRolfeBradNelmsManufacturedHomesGeorgeAllenKurtKelleyNews
https://www.manufacturedhomepronews.com/darren-krolewski-mhvillage-mhinsider-one-challenge-is-not-enough-positive-news-about-manufactured-housing-to-counter-negative-news-frank-rolfe-brad-nelms-manufacturedhomes-george/

Former MHI Chairman, and still an MHI board member Tim Williams, President and CEO of 21st Mortgage Corporation, admitted there was a problem with MHI getting their message out. Be that as it may, what Williams didn’t say is that MHI failed to get their bill passed. MHI has a PAC that they’ve bragged about for years.  But where are the measurable results from MHI PAC? Or MHI’s Gooch’s various media engagements?

TimWilliams21stMortgageCorpGoodArgumentsQuoteRespondEveryStoryDailyBusinessNewsMHproNews
Williams’ comment is a bookend to Darren Krolewski’s comment.

If MHI is as impressive as they claim, if they truly have “momentum,” then why hasn’t the industry collectively achieved the 500,000 production level that MHI’s prior president and CEO said ought to be the goal?

RichardDickJennisonQuoteManufacturedHousingInsituteLOGOMHILogoCEORichardDickJennisonPICWhyNot500000HalfMillionNewManufacturedHomesAnnuallyWeCanGetThereQuoteMHProNews1
Still and quote are from the video posted on the page linked below. Manufactured housing hasn’t yet achieved 372,000 new manufactured homes sold in the 21st century, much less the 500,000 that Jennison said ought to be the goal that “we [the industry] can get there [i.e. achieve.]”  Facts are stubborn things and the record matters. https://www.manufacturedhomepronews.com/we-need-to-remove-the-shackles-on-our-industry-mhi-ceos-historic-call-for-cfpb-feds-to-unleash-manufactured-home-industry-growth-via-more-lending-marty-lavin-in/
Accountability?

Performance for organizations and leaders can often be measured by looking carefully and objectively at the facts and claims that were previously made. That is the basis for Berkshire Hathaway Chairman Warren Buffett’s remark about the importance of the rearview mirror.  When Rick Robinson was still the general counsel for MHI, a state association executive (think MHEC member) that was an MHI affiliate told MHProNews that Robinson contacted that person about concerns that the exec had merely forwarded emails from MHI to MHProNews. Does that sound like normal behavior for a national trade group to engage in? Nor was that a one-off. Several state execs told MHProNews that Williams strong-armed skeptical MHI state affiliates into supporting what became the multi-year, multimillion dollar wasted effort to enact the never-passed Preserving Access to Manufactured Housing Act. 

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https://www.manufacturedhomepronews.com/how-gold-rules-tim-williams-21st-mortgage-mhi-vp-state-execs-conference-call/

Preserving Access became the poster-child for MHI’s claims and boasts that never came to pass.

MHInsider and HousingWire have each provided a platform for the Manufactured Housing Institute (MHI) to provide their CEO’s Lesli Gooch’s viewpoints without meaningful opposing views. In the case of MHInsider, the apparent connections between their parent company, MHVillage, and MHI/leaders arguably makes the MHInsider little more than an unofficial mouthpiece for MHI propaganda. Given the benefits MHVillage gets from the relationship, their towing the MHI line is perhaps more understandable than HousingWire’s de facto stance in favor of MHI and Gooch. Where is their laundry list of MHI’s or Gooch’s measurable accomplishments?  The irony is looking at the facts and evidence and comparing it to MHI and Gooch statements reveals that MHI has over 2 decades of failure at achieving their own claimed goals.

MHI said in the above that they have as much or more access to policy makers and elected officials as ever. They said their policies are working. Really? If so, who is routinely benefiting, other than consolidators of the industry? MHI can’t have it both ways. If their policies are “working” does that mean working against the industry’s independents and most consumers? For those who need more evidence of the disconnects between MHI/Gooch claims and the objective reality of MHI’s failed performance in the 21st century, open up the quote graphic below and see for yourself the contrast between reality and MHI’s claims of performance, momentum, and success at achieving their claims.

Notice: in many devices and browsers, this image can be clicked and expanded to its full size.
Or you can download it and open it. These quotable quotes puts MHI’s ‘performance’ on
display in the light of statements that include their own members and leaders, as well as others,
on the finance issue. Something similar could be applied to other pending issues MHI has apparently

failed to achieve after years of posturing, promises, and performance art.

QuotableQuotesManufacturedHousingInstituteMHARR-CorporateLeadersOtherNonprofitsPublicOfficialsDutyToServeManufacturedHousingManufacturedHomeLendingMHProNewsQuoteCollage4750x4750v3
“In the business world, the rear-view mirror is always clearer than the windshield.” – Warren Buffett. That begs a key question. Why don’t more people LOOK at the rearview mirror so they can learn more about the patterns that influence what’s ahead? 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.
ReprehensibleDeceptionDistortionMisdirectionByDOEAdvanceFlawedManufacturedHomeEnergyRuleScathingManufacturedHousingAssocForRegulatoryReformResponsePlusMHStocksMHProNewsLogo
https://www.manufacturedhomepronews.com/reprehensible-deception-distortion-misdirection-by-doe-to-advance-flawed-manufactured-home-energy-rule/
CavcoIndustriesMarketCapFallPaulFMartenQYNDPropManufacturedHomeProsNewNationalTradeAssociationRepresentAdvocateDisfranchisedOurIndustryMHI-DOE-MHARRregsPlusMHMarketUpdateMHProNewsLOGO
https://www.manufacturedhomepronews.com/cavcos-market-cap-fall-paul-f-marten-manufactured-home-pros-plug-new-national-trade-association-to-represent-advocate-for-disfranchised-of-our-industry-mhi-doe-mharr-regs/

Let’s sum up, weaving in more linked facts and draw to a conclusion.

  • MHI can’t have it both ways. If they were truly effective, then this DOE rule would not currently be counting down to full enforcement.
  • If MHI were truly effective and were planning ahead (vs. darkly posturing to lull trusting souls), they would have entered into the only effort that Gooch admitted had worked so far, litigation. MHARR was working in support of Louisiana vs. Biden, which Gooch cited but failed to give MHARR credit. Why didn’t MHI join in? Why don’t they use the courts now, arguing the very concerns Gooch outlined?
  • If MHI were looking ahead why did the launch a bill without Democratic co-sponsors? A third-party analysis of the MHI backed bill referenced by Gooch said it has a 1 percent chance of becoming law. That makes the bill mere window dressing – lip service, to borrow Gooch’s slur on the Biden Administration and apply it to themselves – because it will go nowhere.

Manufactured Housing Institute CEO Lesli Gooch Said Final Manufactured Housing Energy Rule ‘Undermines’ Biden Admin Claims on Easing Burden of Housing Costs, Contradictions Emphasized; plus MHMarkets Update

  • MHI alludes to the charge leveled by MHARR that MHI tossed “a lifeline” to DOE.  MHProNews has used MHI’s own words and documentation obtained from the DOE to demonstrate that they have worked for years to backstab the independents of the industry. One must keep in mind that the largest brand at MHI is Clayton Homes, which now has a site-built division and has for years.
SkullMoreCostlyRebootFatallyFlawedFundamentallyTaintedShamDOErulemakingProcessSmokingGunDocumentsMHARR-MHIManufacturedHousingPlusMHMarketsFactsAnalysisMHProNews
https://www.manufacturedhomepronews.com/a-more-costly-re-boot-of-fatally-flawed-fundamentally-tainted-sham-doe-negotiated-rulemaking-process-smoking-gun-docu/
  • Not that MHProNews is endorsing MHI member emeritus George Allen, but that ‘contributing editor’ for MHInsider has stated that unrest is growing among members who feel ‘disenfranchised’ at MHI. Like it or not, Allen’s claim fits MHProNews/MHLivingNews’ multi-year thesis that MHI is working for industry consolidation, and not for the interest of ‘all segments’ of the industry as they claim. This opens them up to various legal liabilities and risks. Who says? Samuel Strommen at Knudson Law.
StrommenKnudsonLawProudMemberManHousingInstituteMHIClaytonHomesSkylineChampionNewCavcoLogoSunCommunitiesELSPropertiesFlagshipRHPpropertiesFlagshipCommunitiesImpactCommunitiesLogo
https://www.manufacturedhomelivingnews.com/strommen-felony-conspiracy-case-monopolization-of-affordable-manufactured-housing-and-manufactured-home-communities-rube-goldberg-machine-of-human-suff/
  • Some have argued that MHI needs an off-ramp to save face and allow for a pivot. That is explored in the report linked below.
DuringNationalHomeOwnershipMonthManufacturedHousingInstituteMHICitedByKirstinGarrissWashingtonBureauConcernsRiseMobileHomesCouldBecomeUnaffordablePlusMHStocksUpdateMHProNews
https://www.manufacturedhomepronews.com/during-national-home-ownership-month-manufactured-housing-institute-mhi-cited-by-kirstin-garriss-washington-bureau-concerns-rise-mobile-homes-could-become-unaffordable/

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…

YahooFinanceLogo9ClosingStocksEquitiesBroaderMoneyMarketInvestmentIndicatorsGraphic6.3.2022MHProNews
“In the business world, the rear-view mirror is always clearer than the windshield.” – Warren Buffett. That begs a key question. Why don’t more people LOOK at the rearview mirror so they can learn more about the patterns that influence what’s ahead? 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.
DowJones-ManufacturedHomeCommunitiesMobileHomeParksFactoriesProductionSuppliersFinanceStocksEquitiesClosingDataYahooFinanceLogo6.3.2022
“Survey 85 Percent of Americans Concerned About Inflation, Credit Card Interest Up by 3.3” said a headline on Breitbart. ‘Core retail’ inflation was announced on 4.12.2022 as 8.5 percent. Some commentators are saying that the actual rate of inflation in the U.S. is more like 15 to 20 percent. As the value of the dollar erodes, that impact should be considered when looking at stock market performance. 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.

Headlines from left-of-center CNN Business – from the evening of 6.3.2022

  • $117 a barrel
  • NEW YORK, NEW YORK – JUNE 01: A man fills his car up with gas at a Manhattan station on June 01, 2022 in New York City. Effective starting today, New York is suspending its gas tax for the rest of the year in an effort to ease the financial burden on drivers. New York has some of the highest gas prices in the nation.
  • 3 reasons high oil prices are here to stay
  • 3 signs that the US economy is already losing steam
  • Elon Musk has ‘super bad feeling’ about economy, wants to slash Tesla jobs
  • The economy is going into the toilet. Let’s hope no one flushes it!
  • Opinion: Elon Musk’s work policy is bad for employees, but it’s even worse for Tesla
  • Amazon’s CEO of Worldwide Consumer resigns
  • Jeep Wrangler tips over again in IIHS crash test
  • Starbucks is reopening in Shanghai
  • Mortgage rates dip again, but it’s still tough to afford a home
  • Did you retire during the pandemic, but then decide to head back to work?
  • See what this amusement park is doing to combat staff shortages
  • Tesla reportedly hired a PR firm to monitor employees on Facebook
  • The new Chevrolet Bolt will be the cheapest electric vehicle in the US
  • Tech companies have left Russia in droves. There’s one big exception
  • The United States is 822,000 jobs shorts of pre-pandemic levels
  • US employers added 390,000 jobs despite fears of a slowdown
  • Vehicles drive on the Capital Beltway, Interstate 495 ahead of the Memorial Day weekend, May 27, 2022 in McLean, Virginia.
  • Gas prices are skyrocketing. Here’s why people haven’t cut back – yet
  • US basketball player LeBron James arrives for Netflix’s Los Angeles premiere of “Hustle” held at the Westwood Regency Village Theatre on June 1, 2022 in Los Angeles, California.
  • LeBron James is now a billionaire
  • BUSINESS OF SPACE
  • Boeing’s Starliner capsule makes safe return from test mission
  • SpaceX on pace to shatter US launch records
  • Rocket Lab will try helicopter catch again
  • Journey through space with NASA’s Voyager
  • Amazon announces huge rocket deal
  • BURGER NEWS
  • The Kremlin’s towers and passers-by are seen reflected in the window of a closed McDonald’s restaurant in Moscow on May 16, 2022.
  • McDonald’s new brand name in Russia could be ‘Fun and Tasty’
  • Wendy’s is getting a shake-up — again
  • The surprising reason why Wendy’s burgers are square
  • Arby’s is selling a fast-food staple it’s never offered before
  • Applebee’s is hiring someone else to answer calls

Headlines from right-of-center Newsmax 6.3.2022

  • Ex-Trump Adviser Navarro Indicted on Contempt of Congress Charges
  • Former White House official Peter Navarro was indicted Friday on contempt charges after defying a subpoena from the House panel investigating the Jan. 6 attack on the U.S. Capitol. [Full Story]
  • Related Stories
  • Peter Navarro to Newsmax: ‘Standing Up for Principle’ Against Jan. 6 Panel
  • Ex-Trump Adviser Peter Navarro Subpoenaed in DOJ’s 1/6 Probe
  • Bannon Contempt Trial to Begin July 18
  • Russian Invasion of Ukraine
  • Putin Blames West for Food, Energy Crises
  • Russia Warns US Media of ‘Stringent Measures’
  • Medvedev Warns of Russian Strikes on ‘Decision Centers’
  • Report: Putin Fires 5 More Russian Generals
  • On 100th Day of Russian Invasion, Zelenskyy Vows Victory
  • Russia Says It Will Continue ‘Operation’ in Ukraine Until All Goals Are Achieved
  • Russia Says It Sees Risks From Germany ‘Remilitarizing’
  • Sweden Sending ‘Robot 17’ Missiles
  • 71 Russia, Belarus Entitles Added to US Restricted Business List
  • Deadly Secret: Electronic Warfare Shapes Russia-Ukraine War
  • Ukraine Signs Nuclear Deal With Westinghouse
  • More Russian Invasion of Ukraine
  • Newsmax TV
  • Oliver North: Biden’s Gun Laws Wouldn’t Halt Shootings
  • Oliver North: Biden’s Gun Laws Wouldn’t Halt Shootings | video
  • Fleischmann: Biden Can’t Decide Second Amendment Rights | video
  • Kevin Sorbo: Finding Success as Christian Away From Hollywood | video
  • Oliver North: Biden’s Gun Laws Wouldn’t Have Stopped Shootings | video
  • House Candidate Parson: Use Empty Houses for the Homeless | video
  • Peter Navarro: ‘Standing Up for Principle’ Against Jan. 6 Panel | video
  • Steve Forbes: Far Left ‘Going for Broke’ With Regulations | video
  • More Newsmax TV
  • Newsfront
  • More Than 700 Monkeypox Cases Globally, 21 in US: CDC
  • The U.S. Centers for Disease Control and Prevention (CDC) said Friday it was aware of more than 700 global cases of monkeypox, including 21 in the United States, with investigations now suggesting spread inside the country.Sixteen of the first 17 cases were among people who…… [Full Story]
  • Related Stories
  • 2 Monkeypox Strains in US Suggest Possible Undetected Spread
  • Soros-backed Group Buys Univision’s Radio Group
  • Activists and entrepreneurs Jess Morales Rocketto and Stephanie [Full Story]
  • Rittenhouse, Inspired by Depp, Threatens Defamation Lawsuits
  • Kyle Rittenhouse says Johnny Depps victory over ex-wife Amber Heard [Full Story]
  • Depp Verdict Celebrated as Win Over ‘Fake News’
  • The eroding credibility of establishment media outlets took another [Full Story] | Platinum Article
  • Doctor: Pennsylvania’s Fetterman Also Has Cardiomyopathy
  • The cardiologist for John Fetterman, the Democratic nominee for U.S. [Full Story]
  • Study: Melatonin Poisoning Reports in Children on the Rise
  • Researchers are drawing attention to a rise in poisonings in children [Full Story]
  • Gohmert to Newsmax: Dems ‘Outrageous’ With Gun Control Insults
  • Louie Gohmert Friday slammed Democrats for their comments during [Full Story] | video
  • Constant Chicago Mass Shootings Ignored by Corporate Media
  • As tragic mass shootings at a supermarket in Buffalo, New York, an [Full Story] | Platinum Article
  • US Urging Doctors to Test for Monkeypox in Suspected Cases
  • S. health officials on Friday urged doctors to test for monkeypox [Full Story]
  • DeSantis: Police Must Be Accountable for Conduct During School Shootings
  • Florida Gov. Ron DeSantis acknowledges the distinction between [Full Story]
  • FBI Arrests Florida Man for Making Threats Against Rep. Boebert
  • The FBI has arrested a Florida man for making death threats against [Full Story]
  • Progressives Slam HHS Decision to Delay Medicare Premiums Reduction Until 2023
  • Progressives apparently aren’tpleased with the Biden [Full Story]
  • Biden Wishes Musk ‘Luck’ on Moon Trip, After Job Cut Quip
  • S. President Joe Biden compared Tesla unfavorably to Ford on [Full Story]
  • Mike Johnson Aims to Help Servicemembers Get Religious Waivers For Vaccine Mandate
  • Mike Johnson, R-La., has introduced a bill to protect service [Full Story]
  • Navarro Indicted on Contempt Charges for Defying Jan. 6 Panel
  • Former White House official Peter Navarro was indicted Friday on [Full Story]
  • Special Olympics Rescinds COVID-19 Vaccine Mandate to Meet Florida Statute
  • Special Olympics Inc. on Thursday announced it had rescinded [Full Story]
  • Legionnaires’ Disease Kills 2 in NYC
  • Two people have died and four others have been hospitalized in one [Full Story]
  • Report: Highway Shootings Have Surged in Recent Years
  • Highway shootings in some states have surged in recent years, but [Full Story]
  • Russia Calls Meeting With US Media Outlets, Warns of ‘Stringent Measures’
  • Russia’s Foreign Ministry said Friday that it was calling a meeting [Full Story]
  • GOP Connects Dem Fetterman to ‘Left-Wing Radicals’ in Pa. Senate Attack Ad
  • Not having a final candidate as a recount slogs on hasn’t stopped [Full Story]
  • Arizona Woman Admits Guilt in Ballot Collection Scheme
  • An Arizona woman accused of illegally collecting early ballots in the [Full Story]
  • Hillary Clinton: ‘Putin Does Not Like Critics, Especially Women Critics’
  • Hillary Clinton claims Russias President Vladimir Putin has an almost [Full Story]
  • DOJ Lawyers: Trump, Pence Staffer Records Should Remain Private
  • DOJ Lawyers: Trump, Pence Staffer Records Should Remain Private
  • The Biden administration has come to the defense of staffers who [Full Story]
  • Medvedev Warns of Russian Strikes on ‘Decision Centers’
  • Medvedev Warns of Russian Strikes on ‘Decision Centers’
  • Russian Security Council Deputy Chairman Dmitry Medvedev warned [Full Story]
  • Biden Confirms ‘Possibility’ of Saudi Arabia Trip
  • President Joe Biden confirmed Friday he was considering a trip to [Full Story]
  • Russian Car Production Collapses by 85 Percent
  • Production of new Russian automobiles fell by about 85% in April 2022 [Full Story]
  • Internal Review Surrounds Sheryl Sandberg’s Meta Exit
  • Sheryl Sandberg’s surprising announcement that she will depart Meta [Full Story]
  • Israel PM Bennett: We Have ‘the Right to Act Against Iran’
  • Israeli Prime Minister Naftali Bennett met with International Atomic [Full Story]
  • Report: Putin Fires 5 More Russian Generals
  • Five Russian generals and a police colonel were fired by Russian [Full Story]
  • The Revenant: Harini Logan Rallies for Spelling Bee Title
  • Harini Logan kept trying to learn from her near-misses in online [Full Story]
  • Democrats, Republicans Fight to a Redistricting Stalemate
  • After nearly a year of partisan battles, number-crunching and [Full Story]
  • New Military Grade Telescope Lets You See for Miles
  • Starscope
  • More Newsfront
  • Finance
  • More Fed Rate Hikes on Tap, Even as Job Gains Cool
  • The Federal Reserve is on track for half point interest rate increases in June, July, and perhaps even beyond as fresh job market data Friday showed no sign the U.S. economy is buckling under the pressure of high inflation and rising borrowing costs…. [Full Story]
  • Billionaire’s Sports and Music Memorabilia Collection on Display in New York
  • GM to Debut First Driverless Taxis in US
  • Rolling Blackouts Could Creep Eastward
  • Job Gains Point to a Solid Economy – & Fed Rate Hikes
  • More Finance
  • Health
  • Experimental Pancreatic Cancer Treatment Looks Promising
  • In what could turn out to be a potential breakthrough in the treatment of pancreatic cancer, a new report suggests a key component of a patient’s immune system can be rewired to assassinate tumor cells. The experimental approach has already shown promise in one patient.Kathy…… [Full Story]
  • 2 Monkeypox Strains in US Suggest Possible Undetected Spread
  • More Than 700 Monkeypox Cases Globally, 21 in US: CDC
  • CDC: Long COVID-19 Could be Deadly
  • FDA: Novavax COVID Vaccine Effective But Heart Inflammation Concern

 

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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. 

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If it is true, then it isn’t necessarily bragging. By checking the facts and following the money trail, even on controversial topics, MHProNews has provided reports and analysis that stand the test of time. While others – including various examples from mainstream media – have published reports that later need to be corrected or modified in significant ways, reports on MHProNews in recent years have provided a routinely dependable resource for reliable information, analysis, and evidence-based ‘logical’ commentary. There is simply nothing else like it, which is why we have been and remain the #1, despite coverage that often vexes the powers that be in manufactured housing.

 

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.
RecordResultsCavcoIndustries2022Q4ResultsCEOBillBoorSaidDramaticRateIncreasesMeansDecreasedAffordabilityManyHopefulBuyersLeftOutFundamentalUndersupplyRemainsMHProNews
https://www.manufacturedhomepronews.com/record-results-cavco-industries-2022-q4-results-ceo-bill-boor-said-dramatic-rate-increases-means-decreased-affordability-many-hopeful/

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

‘Announcing!’ ‘Manufactured Community Owners’ Association of America’ ‘Finally Bringing Fight To Manufactured Home Community Sector of the Industry’ – plus Sunday Weekly Manufactured Housing Headlines Review  

JohnBostickSunshineHomesRedBayALpicLOGO50thAnivCeleb1971-2021MobileHomesHUDCodeManufacturedHomesModularHomesRompThruManufacturedHomeHistoryMastMHProNews
https://www.manufacturedhomepronews.com/masthead/50th-anniversary-celebration-year-sunshine-homes-1971-2021-from-mobile-homes-to-hud-code-manufactured-homes-and-modular-homes-a-romp-through-key-phases-in-manufactured-home-histo/
LeoPoggioneManufacturedHousingInstituteChairmanRVMHHallofFamePhotoBackStoryCavcoIndustriesLogoConsumerAffairesForAHouseBetterBusBureauBBBComplaintsplusMHMarketUpdates
NOTE: An update has been linked from this post that includes a reply from Leo Poggione. https://www.manufacturedhomepronews.com/leo-poggione-craftsman-homes-manufactured-housing-institute-chairman-back-story-on-cavco-industries-consumer-affairs-for-a-house-customers-better-business-bureau-claim/
NathanSmithKurtKeeneyFlagshipCommunitiesREIT-MHC.U.TOLogoDIsclosuresPitchWarningsManufacturedHomeCommunityFactsCaveatEmptorAnalysisPlusMHStockUpdatesMHProNews
https://www.manufacturedhomepronews.com/industryvoices/marty-lavin-j-d-weighs-in-on-resident-complaints-of-predatory-behavior-by-manufactured-home-community-consolidators/
ConsumerAlertKristinBienWSBTMelissaKauffmanExSunCommunitiesResidentPineHillsManufacturedHomeCommunityMiddleburyINManHousingInstmemberSUlogosINYearsNegiligenceGreedyGreedyAnalysis
https://www.manufacturedhomelivingnews.com/consumer-alert-state-records-years-of-negligence-safety-violations-greedy-greedy-sun-communities-ripped-by-residents-manufactured-homes-dam/
SteveLawlerPhotoDeerValleyHomebuildersLogoDVLYLogoDeerValleyCorpAnnouncesMergerPlusManufacturedHomeInvestingStockUpdatesMHProNews
https://www.manufacturedhomepronews.com/steve-lawler-deer-valley-corporation-dvc-otcmkts-dvly-announces-merger-plus-manufactured-home-investing-stock-updates/
Yahoo-ManufacturedHomeCommunitiesMobileHomeParksFactoriesProductionSuppliersFinanceStocksEquitiesClosingDataYahooFinanceLog6.3.2022
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.

 

    • 2022 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. 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.HowardWalkerEmergenceOfTonyKovachsPublicationsProfessionalsFilledVacuumDailyBusinessNewsMHProNews-575x399

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.
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Disclosure. MHProNews holds no positions in the stocks in this report.

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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.)

CongRepAlGreenDeskTamasKovachLATonyKovachPhoto12.3.2019ManufacturedHomeProNews
All on Capitol Hill were welcoming and interested in manufactured housing related issues. But Congressman Al Green’s office was tremendous in their hospitality. Our son’s hand is on a package that included a copy of the Constitution of the United States and other goodies. Tamas has grown considerably since this photo was taken. 

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.

 

 

 

 

 

 

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