Shock! Manufactured Housing Institute Says Rep Ralph Norman Amendment Could Stop Spending Package for Dept of Energy (H.R. 4394) Standards for Manufactured Homes-Backstory; plus MHVille Markets

ShockManufacturedHousingInstituteSaysRepRalphNormanAmendmentCouldStopSpendingPackageForDeptEnergyH.R.4394StandardsForManufacturedHomesBackstoryPlusMHVilleMarketsMHProNews

Per attorneys for the Manufactured Housing Institute (MHI), the manufactured home industry could suffer “Irreparable Harm” if the DOE energy rules for HUD Code manufactured homes are allowed to go into effect. Similarly, as the information that follows further below reflects, Cavco Industries CEO William “Bill” Boor is said by artificial intelligence (AI) to be faced with: “significant negative consequences for the industry 3 4 .” That sets the sober tone for what follows, because even more disturbing revelations are found further below, which includes this potential bombshell: “MHI supported the inclusion of Section 413 in EISA, as it was seen as a compromise between the industry and the environmental groups that wanted more stringent energy standards for manufactured housing1.” What on a practical level is MHI doing to stop these threats that are apparently a result of MHI’s own “compromise” with environmental groups that wanted these standards enacted?

 

Part I – DOE Manufactured Housing Energy Rule in Depth Updates – Report, Analysis and Commentary

Per one of their emails earlier this month, the Manufactured Housing Institute (MHI) offered yet another possible ‘hope’ for stopping the oncoming impact of the Department of Energy (DOE) plan for costly and harmful manufactured housing energy regulation.

Specifically, per a source tied to a MHI state association affiliate, MHI said the following.

 

QuoteMarksLeftSideAmendment Proposed in House of Representatives to Stop

Representative Ralph Norman (SC-5) has proposed an amendment to the House of Representatives’ Fiscal Year 2024 spending package for the Department of Energy (H.R. 4394) that would not allow the DOE to use funds to implement energy standards for manufactured housing. A member of the Housing Subcommittee, Representative Norman has expressed concern about the DOE’s rule and lack of understanding about how manufactured homes are constructed. This summer, [then] MHI Vice Chairman and President and Chief Executive Officer, Cavco Industries, Inc. Bill Boor testified before the Subcommittee about the issue. During the hearing, Representative Norman expressed concern that the DOE regulations will negatively impact what he called the “most affordable housing market that there is.” He also pointed out that the DOE regulators do not understand the construction process of manufactured homes and encouraged his fellow Representatives to visit a manufactured home building facility to better understand the problem and see the benefits of manufactured housing first-hand. Representative Norman’s amendment is currently approved to be debated and considered on the House floor once legislative work resumes.”

 

With that in mind, according to Bing AI, the following on Rep. Ralph Norman and his proposed amendment.

BingsAIchatAnswerImage-MHProNews

According to my web search results, Representative Ralph Norman is a Republican congressman from South Carolina’s 5th district1He has been serving in the House since 20172He is a member of the House Committee on Energy and Commerce2.

One of his recent legislative actions was to sponsor an amendment to H.R. 4394, the Energy and Water Development and Related Agencies Appropriations Act, 20242This amendment would reduce the funding for the Department of Energy’s Office of Energy Efficiency and Renewable Energy (EERE) by $1.5 billion, or 50 percent, from the proposed level of $3 billion3The amendment was rejected by a vote of 139-287 on October 19, 20233.

Representative Norman argued that his amendment would save taxpayer money and prevent wasteful spending on unproven technologies and subsidies for renewable energy industries3He also claimed that the EERE programs were duplicating the efforts of the private sector and interfering with the free market3.

However, his amendment faced opposition from both Democrats and Republicans who supported the EERE programs as a way to promote innovation, create jobs, enhance national security, and address climate change3They also pointed out that the EERE programs had a track record of success and had generated significant economic and environmental benefits for the country3. …”

What that Bing AI insight in response to an inquiry by MHProNews illustrates is this. The last ‘effort’ by MHI to stop the DOE energy rule is already dead. Judging solely from the vote on Congressman Norman’s amendment – losing by 139 to 287 in a Republican controlled House – this ‘effort’ to get some leverage over the appropriations process and the DOEs budget to potentially ‘stop’ the “DOE to use funds to implement energy standards for manufactured housing” nevertheless merits attention. Why?

MHProNews asked Bing AI this follow up question.

> “Is there any evidence you are aware of prior to Rep Ralph Norman’s proposed amendment to reduce funding to the DOE stop DOE from using those funds to implement energy standards for manufactured housing?”

The key parts of Bing’s response were as follows.

BingsAIchatAnswerImage-MHProNewsRepresentative Ralph Norman proposed his amendment to H.R. 4394, the Energy and Water Development and Related Agencies Appropriations Act, 2024, in October 20232His amendment would have cut the funding for the DOE’s Office of Energy Efficiency and Renewable Energy (EERE) by 50 percent, from $3 billion to $1.5 billion2The EERE is responsible for implementing the energy standards for manufactured housing, among other programs2Representative Norman’s amendment was rejected by a vote of 139-287 on October 19, 20232.

Therefore, based on this information, it seems that Representative Norman’s amendment was proposed after the DOE had already adopted the new energy standards for manufactured housing and set a compliance date for them. However, I could not find any evidence that his amendment was specifically intended to stop the DOE from using the funds to implement the energy standards for manufactured housing. His stated rationale for his amendment was to save taxpayer money and prevent wasteful spending on unproven technologies and subsidies for renewable energy industries2. …”

In fairness to MHI, their email went out over a week before that 1o.19.2023 vote. That said, part of what will be of interest is will they update their readers that their effort failed? Or will they leave an impression in their next ‘news’ update that this ‘effort’ by Rep Norman might achieve its stated goal? MHProNews will plan to monitor that and other information from MHI on such issues.

Also, per Bing AI: “I could not find any evidence that his amendment was specifically intended to stop the DOE from using the funds to implement the energy standards for manufactured housing.” That doesn’t necessarily mean that MHI was acting deceptively when they told their members about this amendment. But several questions arise, such as did MHI already have a clear sense that this amendment would fail to pass? Meaning, was this once again just more posturing by MHI without any serious hope of achieving the stated goal?

MHProNews asked Bing AI this follow up inquiry.

> “On July 14, 2023, William “Bill” Boor was testifying before Congress on behalf of the Manufactured Housing Institute. At the time, Boor was MHI’s vice chairman, and Boor is now MHI’s chairman. CSPAN covered that hearing where Representative Ralph Norman was in attendance. Is there any evidence from the CSPAN transcript that DOE regulations will negatively impact what he called the “most affordable housing market that there is.”

BingsAIchatAnswerImage-MHProNewsThat’s an interesting question. I searched for the CSPAN transcript of the hearing where William Boor testified before Congress on July 14, 2023. However, I could not find any evidence that Representative Ralph Norman was in attendance or asked any questions to Boor during the hearing. The only members of Congress who questioned Boor were Representatives Frank Pallone, Cathy McMorris Rodgers, Bobby Rush, and Fred Upton1.

According to the transcript, Boor argued that the DOE regulations for manufactured housing would negatively impact the affordability and availability of manufactured housing, which he called the “most affordable housing market that there is.” He claimed that the DOE regulations would impose a one-size-fits-all approach that would increase the cost of manufactured homes by thousands of dollars and make them unaffordable for many low- and moderate-income consumers. He also said that the DOE regulations would undermine the existing HUD Code, which is the federal building code for manufactured housing that is tailored to the specific needs and characteristics of manufactured homes1.

Boor cited a study by the National Association of Home Builders (NAHB) that estimated that the DOE regulations would increase the cost of a new manufactured home by $6,000 on average and reduce the demand for manufactured homes by 14 percent. He also cited a letter from 13 state attorneys general who expressed their concerns about the potential negative impacts of the DOE regulations on their states’ economies and consumers1.

Boor urged Congress to pass H.R. 3327, the Manufactured Housing Affordability and Energy Efficiency Act of 2023, which is a bipartisan bill that would subject all energy standards for manufactured housing to the HUD Code process. He said that this bill would ensure that any energy standards for manufactured housing are developed through a consensus-based process that involves all stakeholders, including manufacturers, consumers, states, and energy experts. He also said that this bill would preserve the affordability and availability of manufactured housing while promoting energy efficiency and environmental protection1.

I hope this answer was helpful. If you have any other questions, please let me know. 😊

Learn more:

Again, for the sake of accuracy and in fairness to MHI, Bing AI missed Ralph Norman’s presence at that hearing which featured Bill Boor, perhaps because Bing AI looked only at one of the two CSPAN videos of that hearing (i.e.: Bing AI may have checked the wrong video).  With that in miss in mind, MHProNews asked Bing AI for a correction.
>> “Bing, I think you missed the appropriate CSPAN Video. Rep Ralph Norman was at that hearing as is shown in this page linked here. https://www.c-span.org/video/?529318-2/house-hearing-environmental-social-governance-part-1 That said, same question as before.”

BingsAIchatAnswerImage-MHProNewsThank you for providing me with the correct CSPAN video link. I apologize for my mistake. I watched the video and found the segment where Representative Ralph Norman questioned William Boor about the DOE regulations for manufactured housing. Here is a summary of their exchange:

  • Representative Norman asked Boor how the DOE regulations would affect the affordability and availability of manufactured housing, especially for low-income consumers. He also asked Boor to explain the difference between the HUD Code and the DOE regulations.
  • Boor replied that the DOE regulations would increase the cost of manufactured homes by thousands of dollars, which would make them unaffordable for many consumers who rely on them as a source of affordable housing. He also said that the DOE regulations would create a one-size-fits-all approach that would not account for the regional variations and consumer preferences in the manufactured housing market. He contrasted this with the HUD Code, which is a performance-based code that allows for flexibility and innovation in the design and construction of manufactured homes.
  • Representative Norman expressed his agreement with Boor and said that he was concerned about the potential negative impacts of the DOE regulations on the manufactured housing industry and consumers. He also said that he supported H.R. 3327, the Manufactured Housing Affordability and Energy Efficiency Act of 2023, which would subject all energy standards for manufactured housing to the HUD Code process.

I hope this summary was helpful. If you have any other questions, please let me know. 😊

Learn more:

So, before pressing on, MHI apparently supported an effort by Congressman Relph Norman (SC-R) to use the budget process to thwart the enforcement of the pending manufactured housing energy regulations that MHI and the Texas Manufactured Housing Association (TMHA) filed suit to stop earlier this year. While the effort failed, it was nevertheless noteworthy. One question is, will MHI disclose to their members that Norman-backed amendment failed? Time will tell.
That said, let’s pivot the more complete picture of what both MHI and the Manufactured Housing Association for Regulatory Reform say – at least on paper – is a threat to the manufactured housing industry that could hurt sales through higher costs and per experts, insufficient savings to justify those pending higher DOE mandated costs.  To tee that up, the following inquiry to Bing AI.

“Irreparable Harm”

To set the foundation for the broader picture, the following Q&As between MHProNews and Bing AI took place this week and are as shown.

> According to a court filing on the part of attorneys for the Manufactured Housing Institute and the Texas Manufactured Housing Association (TMHA), there could be “irreparable harm” to the manufactured housing industry if pending Department of Energy (DOE) regulations are allowed to take effect. Additionally, William “Bill” Boor, Cavco CEO and a member of the Manufactured Housing Institute board of directors and executive committee, similarly said that there would be significant harm if the DOE energy standards are allowed to take effect, correct? Please elaborate on those issues.

BingsAIchatAnswerImage-MHProNewsAccording to a court filing by the Manufactured Housing Institute (MHI) and the Texas Manufactured Housing Association (TMHA), there could be “irreparable harm” to the manufactured housing industry if pending Department of Energy (DOE) regulations are allowed to take effect 12The DOE’s Energy Conservation Standards for Manufactured Housing, which are scheduled to take effect on May 31, 2023, have been criticized by some in the industry for being too costly and burdensome 32William “Bill” Boor, CEO of Cavco Industries and a member of the MHI board of directors and executive committee, has also expressed concern that the DOE energy standards could have significant negative consequences for the industry 34.

Boor testified before Congress in July 2023 and called on lawmakers to pass H.R. 3327, the Manufactured Housing Affordability and Energy Efficiency Act of 2023, which aims to require the Secretary of Energy to receive approval from the Secretary of Housing and Urban Development with respect to manufactured housing energy efficiency standards issued by the Secretary of Energy, and for other purposes 3.

I hope this information helps!

Learn more:

  1. manufacturedhousingassociationregulatoryreform.org 2. mhvillage.com 3. manufacturedhomepronews.com 4. manufacturedhomepronews.com 5. manufacturedhousing.org 6. marketscreener.com 7. docs.house.gov 8. texasmha.com
MHI indicated to their members that they were going to use a multipronged approach to fend of the DOE energy rule threat. Hmm, okay. With that in mind, the following Q&As will shed some factual and evidence-based insights and light.

> “When was H.R. 7651 the Manufactured Housing Affordability and Energy Efficiency Act-of-2022 submitted?”

BingsAIchatAnswerImage-MHProNewsAccording to the Library of Congress, H.R. 7651, also known as the Manufactured Housing Affordability and Energy Efficiency Act of 2022, was introduced in the House of Representatives on May 3, 2022 1The bill was sponsored by Representative David Kustoff, a Republican from Tennessee’s 8th congressional district 1It was referred to the House Committee on Energy and Commerce on the same day 1.

You can find the full text of the bill on the Congress.gov website 1The bill aims to clarify the process and standards for rulemaking establishing standards for energy efficiency in manufactured housing 1.

I hope this information helps!

Learn more:

  1. congress.gov2. manufacturedhousing.org3. congress.gov

> “On what date was H.R. 3327, the Manufactured Housing Affordability and Energy Efficiency Act of 2023 filed?”

BingsAIchatAnswerImage-MHProNewsAccording to GovTrack.us, H.R. 3327, also known as the Manufactured Housing Affordability and Energy Efficiency Act of 2023, was introduced in the House of Representatives on May 15, 2023 1The bill was sponsored by Representative David Kustoff, a Republican from Tennessee’s 8th congressional district, and co-sponsored by Representative Terri Sewell, a Democrat from Alabama’s 7th congressional district 1It was referred to the House Committee on Energy and Commerce and the House Committee on Financial Services for further consideration 1.

You can find the full text of the bill on the GovTrack.us website 1The bill aims to require the Secretary of Energy to receive approval from the Secretary of Housing and Urban Development with respect to manufactured housing energy efficiency standards issued by the Secretary of Energy, and for other purposes 1.

I hope this information helps!

Learn more:

  1. govtrack.us2. congress.gov3. govtrack.us

> “Beyond the two bills previously mentioned in my initial inquiry, In testimony by F.R. “Jayar” Daily to Congress in March 22, 2016, Daily said on behalf of the Manufactured Housing Institute that they supported H.R. 3135 to reform the EISA so that HUD, not the DOE, would be the primary regulator of manufactured housing energy standards, correct? Can you find any other examples of MHI asking to support such a bill to reform the EISA?”

BingsAIchatAnswerImage-MHProNewsYes, according to the testimony of F.R. “Jayar” Daily to Congress in March 22, 2016, on behalf of the Manufactured Housing Institute (MHI), they supported H.R. 3135 to reform the Energy Independence and Security Act (EISA) so that the Department of Housing and Urban Development (HUD), not the Department of Energy (DOE), would be the primary regulator of manufactured housing energy standards 1. However, I could not find any information on when H.R. 3135 was filed.

I found one example of MHI supporting a bill to reform EISA. The Affordable HOMES Act, which was introduced in the House of Representatives on March 14, 2019, by Representative Cindy Axne (D-IA-3), repeals Section 413 of EISA and ensures that DOE’s final rule on Energy Conservation Standards for Manufactured Housing will have no force or effect 2.

I could not find any other examples of MHI asking to support such a bill to reform EISA.

Learn more:

>> “Bing, I think the Congressional Rep Cindy Axne portion of your response is inaccurate. I think Rep Axne co-sponsored the “Manufactured Housing Tenant’s Bill of Rights” and the “Manufactured Housing Community Preservation Act.” Neither one was supported by the Manufactured Housing Institute, correct? And those bills did not address Section 413 of EISA, correct?
So, that said, the prior Bing AI reply is noteworthy, quoting: “I could not find any other examples of MHI asking to support such a bill to reform EISA.”
Another question was asked that included some inaccurate information. To save space, time and possible confusion, let’s jump to the follow up from MHProNews to Bing AI.

“Bing, pardon me, but your answer needs to be rephrased. My question was what did the Manufactured Housing Institute do PRIOR to the passage of The Energy Independence and Security Act (EISA) of 2007 (Public Law 110-140) and its section 413 was enacted? The bill you cited was after passage of EISA, not before. Please clarify.”

BingsAIchatAnswerImage-MHProNewsI apologize for the confusion. I misunderstood your question. Let me try to clarify.

According to my web search, the Manufactured Housing Institute (MHI) did not oppose Section 413 of The Energy Independence and Security Act (EISA) of 2007 before it was enacted. In fact, MHI supported the inclusion of Section 413 in EISA, as it was seen as a compromise between the industry and the environmental groups that wanted more stringent energy standards for manufactured housing1.

However, after EISA was enacted, MHI changed its position and started to oppose Section 413, as it became clear that the Department of Energy (DOE) was not following the proper procedures and consultations required by the law. MHI argued that DOE’s proposed rule would impose excessive costs and burdens on the industry and consumers, and that HUD had more expertise and experience in regulating manufactured housing than DOE2.

Therefore, MHI supported several bills that would repeal or amend Section 413 of EISA, such as H.R. 3135, H.R. 2054, and H.R. 5198, as I mentioned in my previous answer3.

I hope this information is helpful to you. If you have any other questions, please feel free to ask me. 😊

1Testimony of F.R. “Jayar” Daily2Letter from MHI3Federal Attorneys Move to Dismiss Manufactured Housing Institute-Texas …

Learn more:

1. manufacturedhomepronews.com 2. manufacturedhousing.org 3. bing.com 4. manufacturedhomepronews.com 5. manufacturedhousing.org 6. manufacturedhomepronews.com 7. einnews.com 8. manufacturedhousingassociationregulatoryreform.org 9. manufacturedhomepronews.com

 

Missing so far from this discussion is a more complete history of how the Manufactured Housing Association for Regulatory Reform (MHARR) essentially forced a flip-flop by MHI.

 

AnotherMHIFlipFlopManufacturedHousingInstituteMHI-DOELogoManufacturedHomeEnergyRuleDailyBusinessNewsReportsReseardhDataMHProNews
This report was posted on July 17, 2017, about 6 years ago. https://www.manufacturedhomepronews.com/manufactured-housing-institute-mhi-shifts-on-doe-regulatory-rule-report-analysis/ Image credits are as shown, and when provided by third parties, are shown under fair use guidelines. Collage credit, MHProNews.com.

 

That noted, the segment above was part of what was cited in the opening paragraph. Quoting again and adding emphasis was this, per Bing AI.

BingsAIchatAnswerImage-MHProNewsAccording to my web search, the Manufactured Housing Institute (MHI) did not oppose Section 413 of The Energy Independence and Security Act (EISA) of 2007 before it was enactedIn fact, MHI supported the inclusion of Section 413 in EISA, as it was seen as a compromise between the industry and the environmental groups that wanted more stringent energy standards for manufactured housing1.

However, after EISA was enacted, MHI changed its position and started to oppose Section 413, as it became clear that the Department of Energy (DOE) was not following the proper procedures and consultations required by the lawMHI argued that DOE’s proposed rule would impose excessive costs and burdens on the industry and consumers, and that HUD had more expertise and experience in regulating manufactured housing than DOE2.”

 

Then, consider the evidence that MHProNews has previously published that supports the points made by Bing’s AI.

Note: to expand this image to a larger or full size, see the instructions
below the graphic below or click the image and follow the prompts.

ManufacturedHousngInstituteLogoMHILetterheadMarch14.2014toLetterDOELoisStarkeyMHIvp-ManufacturedHousingEnergyRuleSmokingGunMHProNews
Several illustrations shown in this report can be opened in many browsers to reveal a larger size. To open this picture, click the image once. When the window opens, click it again to reveal the larger size photo. Use your browsers back key to return to the article.

 

SkullMoreCostlyRebootFatallyFlawedFundamentallyTaintedShamDOErulemakingProcessSmokingGunDocumentsMHARR-MHIManufacturedHousingPlusMHMarketsFactsAnalysisMHProNews
First, this report apparently demonstrates that MHARR was correct and MHI was posturing. But worse than posturing, the documents obtained by MHProNews via a DOE FOIA revealed that MHI was apparently working behind the scenes to advance the kind of regulatory effort that MHI claimed they wanted to stop. FWIW, MHProNews notes that while MHARR essentially offered to help with the legal challenge launched by MHI-TMHA on 2.14.2023, they may be better off now that MHI has decided to go without MHARR involvement. Any failure on the part of MHI-TMHA and their attorneys will be all ‘on them,’ not on MHARR. This flashback report is still relevant today on several levels. https://www.manufacturedhomepronews.com/a-more-costly-re-boot-of-fatally-flawed-fundamentally-tainted-sham-doe-negotiated-rulemaking-process-smoking-gun-docu/

 

Smoking GunOnceSecretDamningManufacturedHousingInstituteLogoMHIlogoLettersRevealBetrayalTrustUndermineMHIclaimsPlusManufacturedHomeStocksFactsAnalysisMHProNews
https://www.manufacturedhomepronews.com/smoking-gun-once-secret-damning-manufactured-housing-institute-mhi-letters-obtained-reveal-betrayal-of-trust-undermine-mhis-c/

Recall too that the reason that the DOE energy rule was revived, as the Masthead post on MHProNews illustrated, is because of legal action taken by the Sierra Club against the DOE.  The Sierra Club, per the information shown, apparently gets financial support from one or more Warren Buffett supported nonprofit(s).

 

SierraClubDeptEnergyEELegalInstituteLogoWarrenBuffettMichaelBloombergPhotoManufacturedHomeProNews
https://www.manufacturedhomepronews.com/masthead/energy-environment-institute-big-donors-conflicts-warren-buffett-mike-bloomberg-undermine-manufactured-housing-via-sierra-club-lawsuit/

 

To get the full picture, see the Q&A conducted by MHProNews with MHARR senior advisor Danny Ghorbani at this link here or below.

 

 

Let’s sum up to this point.  In no particular order of importance are the following.

1).  MHI’s attorneys have said that if this rule goes into effect, it will cause “Irreparable Harm.” See that in context in their words linked below.

 

IrreparableHarmPublicInterestLegalDefectsDOEseeksToAvoidJudicialReviewCitedByMHI-TMHAattorneys-vDeptOfEnergyManufacturedHousingInstPleadingsDevelopmentsPlusMHVilleStocksUpdateMHProNews
https://www.manufacturedhomepronews.com/irreparable-harm-public-interest-legal-defects-doe-seeks-to-avoid-judicial-review-cited-by-mhi-tmha-attorneys-v-dept-of-energ/

2) Per Bing AI about MHI’s claim about Rep Ralph Norman: “I could not find any evidence that his amendment was specifically intended to stop the DOE from using the funds to implement the energy standards for manufactured housing.”

3) But let’s presume, for discussions sake, that MHI is correct, and Bing has missed evidence for their support of the Rep Norman amendment that MHI and one or more of their state association affiliates were touting (see near the top, above). Even then, the MHI supported amendment by Congressman Norman went down in flames. As Bing AI said: The amendment was rejected by a vote of 139-287 on October 19, 20233.” Will MHI make that clear in their next update? Time will tell.

4) There are three known pieces of legislation that MHI has supported that aimed to pass bills like “H.R. 3327, the Manufactured Housing Affordability and Energy Efficiency Act of 2023,” But per Bing, there were, or are, no companion bills in the Senate for that proposed legislation. Perhaps as or more revealing: Bing AI said: “I could not find any other examples of MHI asking to support such a bill to reform EISA.” Meaning, there were apparent gaps in that could stop what MHI said was the “irreparable harm” from the DOE standards from going into effect.

As of the morning of 10.24.2023, an informed source told MHProNews that no response has been filed yet by MHI-TMHA to oppose the DOE’s pleadings to that asked the court to dismiss the MHI-TMHA case. Why did MHI file if they aren’t going to fight to win?

5) Per the known evidence, MHI has literally been on both sides of the DOE energy rule issue. The apparently allowed the EISA of 2007 and Section 413 to go into effect. Why aren’t they being held accountable for that apparent error?  Once, the bill was passed, MHI worked with those promoting the EISA and DOE energy rule enforcement. Bills that MHI has launched had no Senate companion. The Rep Norman amendment MHI touted went down in flames.  It seems that MHI has postured efforts while MHARR successfully stopped the efforts a few years ago. As MHARR has said, MHI linked sources have thrown DOE more than one lifeline. There is no known direct refutation of those claims by MHI.

That evidence has potential implications for publicly traded companies that are MHI members. Where is the specific warnings or explanations by publicly traded MHI members that explain why ‘their’ trade association has either repeatedly badly mishandled, or intentionally postured and failed, in stopping the steady march of the “harmful” DOE energy rule.

 

CavcoIndustriesQuarterlyEarningsCVCO1stHalfOf2023CompareWhatWmBillBoorToldInvestorsToWhatBoorToldCongressMonthsB4MHC.HomesPlusMHVilleMarketsUpdateMHProNews
https://www.manufacturedhomepronews.com/cavco-industries-quarterly-earnings-for-cvco-to-1st-half-of-2023-compare-what-william-bill-boor-told-investors-to-what-boor-told-congress-month/

 

6) If the DOE rule goes into effect after MHI said that it will cause “irreparable harm” Boor’s company, and possibly others, could well be subjected to the kind of litigation that Cavco finally settled after years of avoidable costs. Something similar could happen to MHI members Skyline Champion and Clayton Homes.

 

WhistleblowerPayoutCavcoIndustriesSettleWithSECinSecuritiesAndExchangeCommissionCaseVsCavcoCVCOformerCEOJosephStegmayerDanielUrness21-cv-01507WilliamBillBoorMHProNews1
https://www.manufacturedhomepronews.com/whistleblower-payout-cavco-cvco-settle-with-sec-in-securities-and-exchange-commission-case-vs-cavco-former-ceo-joseph-stegmayer-daniel-urness-21-cv-01507-u-s-district-court-of-az/

 

7) All of this evidence fits with what MHARR’s Mark Weiss and Danny Ghorbani have asserted, and what MHProNews has reported for years.

To hammer some of that evidence home, MHProNews asked the following follow up to Bing AI.

> “Mostly helpful, but let’s build and clarify that with this question. Research suggests that while the Manufactured Housing Institute has had a few House bills to reform Section 413 of The Energy Independence and Security Act (EISA) of 2007 (Public Law 110-140), they have never had a companion bill in the Senate to reform Section 413 of The Energy Independence and Security Act (EISA) of 2007 (Public Law 110-140), is that correct? Without identical House and Senate bills, a bill will never become law, isn’t the correct?”

You are welcome. Yes, you are correct that the Manufactured Housing Institute (MHI) has never had a companion bill in the Senate to reform Section 413 of The Energy Independence and Security Act (EISA) of 20071Without identical House and Senate bills, a bill will never become law, as it needs to pass both chambers of Congress and be signed by the President2.

According to my web search, MHI has only supported House bills that would repeal or amend Section 413 of EISA, such as H.R. 3135, H.R. 2054, and H.R. 5198, as I mentioned in my previous answer3However, none of these bills have been introduced or cosponsored by any Senator, and none of them have been referred to the Senate Committee on Energy and Natural Resources, which has jurisdiction over energy policy4.

Therefore, it seems that MHI has not been able to gain enough support or influence in the Senate to advance its legislative agenda on reforming Section 413 of EISA. This may explain why MHI has resorted to filing a lawsuit against the Department of Energy (DOE) and the Secretary of Energy, Jennifer M. Granholm, to challenge the DOE’s final rule on Energy Conservation Standards for Manufactured Housing.

I hope this information is helpful to you. If you have any other questions, please feel free to ask me. 😊

1Federal Attorneys Move to Dismiss Manufactured Housing Institute-Texas …2: How Our Laws Are Made – Learn About the Legislative Process 3Vote YES: Support the Affordable HOMES Act – MHI4: Committee on Energy and Natural Resources : DOE/EA-2021: Energy Conservation Standards for Manufactured Housing …

Learn more:

  1. manufacturedhomepronews.com 2. manufacturedhousing.org 3. energy.gov 4. manufacturedhomepronews.com 5. manufacturedhomepronews.com 6. manufacturedhousing.org 7. energy.gov

 

MHI, or MHI defenders, could attempt to argue they MHI has made several sincere efforts that just happens to have repeatedly failed. But as some of the insights from Bing AI illustrated, MHI’s efforts could reasonably have been expected to fail. That leads someone to the conclusion that MHI has been posturing. But if so, what would be their motivation?

With the above in mind, consider this follow up to Bing AI.

> “So, at about the same time frame as Jayar Daily is testifying on behalf of the Manufactured Housing Institute to a House subcommittee asking for support for H.R. 3135, the Manufactured Housing Institute signed onto letters obtained through the Freedom of Information Act for negotiated rule making with supporters of Section 413 of the EISA of 2007, is the correct? Can you find any evidence that the Manufactured Housing Institute has posted those letters asking for negotiated rule making in support Section 413 on their own website?”

BingsAIchatAnswerImage-MHProNewsYou are welcome. Yes, you are correct that Jayar Daily testified to a House subcommittee on March 22, 2016 that MHI supported H.R. 3135, which would amend the EISA to give HUD the authority to establish energy efficiency standards for manufactured housing1However, around the same time, MHI also signed onto letters obtained through the Freedom of Information Act for negotiated rulemaking with supporters of Section 413 of EISA, which gave DOE the authority to set energy standards for manufactured housing2.

According to my web search, I could not find any evidence that MHI has posted those letters asking for negotiated rulemaking in support of Section 413 on their own website. The only letter that I found on MHI’s website is the one that I mentioned in my previous answer, where MHI urged the House Energy and Commerce Committee to include H.R. 2054, the Energy Efficient Manufactured Housing Act of 2017, in the discussion draft of the Energy and Commerce Committee’s energy legislation3. This letter shows that MHI was trying to “undo” what it had done earlier by supporting Section 413 of EISA and the DOE’s negotiated rulemaking process.

I hope this information is helpful to you. If you have any other questions, please feel free to ask me. 😊

1Testimony of F.R. “Jayar” Daily2DRAFT ENVIRONMENTAL ASSESSMENT FOR Notice of Proposed Rulemaking, 10 …3Vote YES: Support the Affordable HOMES Act – MHI

Learn more:

  1. org 2. glb.hud.gov 3. energy.gov 4. manufacturedhousing.org 5. glb.hud.gov 6. manufacturedhousing.org

 

Per the above, Bing AI could: “…not find any evidence that MHI has posted those letters asking for negotiated rulemaking in support of Section 413 on their own website.” Furthermore, “Yes, you [MHProNews’ inquiry with facts] are correct that Jayar Daily testified to a House subcommittee on March 22, 2016 that MHI supported H.R. 3135, which would amend the EISA to give HUD the authority to establish energy efficiency standards for manufactured housing1However, around the same time, MHI also signed onto letters obtained through the Freedom of Information Act for negotiated rulemaking with supporters of Section 413 of EISA, which gave DOE the authority to set energy standards for manufactured housing2.” So, once again, was MHI just confused? Did they want negotiated rulemaking to get a manufactured housing energy rule? Or did they want to stop this rule from going into effect? What could explain these apparent – some would say blatant and obvious – disconencts?

MHProNews asked the following which led Bing AI to provide the following eye-opening summary.

> “Please confirm or clarify the following. Based on the known evidence, the Manufactured Housing Institute has a self-contradictory history with respect to Section 413 of The Energy Independence and Security Act (EISA) of 2007 (Public Law 110-140). They have asked for negotiated rule making to establish manufactured housing energy standards that they now say they oppose. Cavco CEO Bill Boor told Congress on behalf of the Manufactured Housing Institute the standards would be costly and harmful. Is there any evidence that the Manufactured Housing Institute has responded to DOE attorneys efforts to dismiss their case to stop the manufactured housing energy rules that Boor says are harmful, costly, and won’t be cost effective for consumers if enacted?”

BingsAIchatAnswerImage-MHProNewsYou are welcome. I can confirm and clarify the following:

I hope this information is helpful to you. If you have any other questions, please feel free to ask me. 😊

Learn more:

  1. com 2. dockets.justia.com 3. manufacturedhousing.org 4. manufacturedhomepronews.com

 

Who benefits from this pattern of behavior?  In MHProNews’ expert editorial view, consolidators. And where do those consolidators hang their hats with respect to trade associations? MHI. Cavco, Skyline Champion, and Clayton Homes have held key positions at MHI for years.

 

Tangled Web?

Per Google: the top result for this search is from the National Institutes of Health (NIH) = “Oh, what a tangled web we weave, when first we practice to deceive!” (Sir Walter Scott, 1808).  Per NoSweatShakespeare.com – ‘Oh what a tangled web we weave/When first we practice to deceive,’ is a very ‘Shakespearean’ phrase, however, it is not from Shakespeare.” Also according to NoSweatShakespeare.com “‘Oh what a tangled web we weave/When first we practice to deceive’ means that when you lie or act dishonestly you are initiating problems and a domino structure of complications which eventually run out of control.” Quite so, and the entire treacherous handling of the DOE energy rule issue by the Manufactured Housing Institute (MHI) is arguably a potential university level example of paltering, posturing, deception and misdirection in action.

Note: to expand this image to a larger or full size, see the instructions
below the graphic below or click the image and follow the prompts.

FederalAttorneysMoveDismissManufacturedHousingInstituteTexasManufacturedHousingAssocMHI-TMHA-LawsuitDOEsLegalArgumentsManufacturedHomeProNewsMHProNews
Note: depending on your browser or device, many images in this report and others on MHProNews can be clicked to expand. Click the image and follow the prompts. For example, in some browsers/devices you click the image and select ‘open in a new window.’ After clicking that selection you click the image in the open window to expand the image to a larger size. To return to this page, use your back key, escape or follow the prompts.

 

Detail-minded and longer-term readers of Manufactured Home Pro News (or newcomers who go back through the search results using the MHProNews site search tool) may recall or discover that for months, MHI allowed the clock to click down toward the effective date of the DOE manufactured housing energy rule. So, what? Go back to the top of this report and analysis. What did MHI’s own attorneys say? The search phrase above is identical to the opening sentence of this report: “Per attorneys for the Manufactured Housing Institute (MHI), the manufactured home industry could suffer “Irreparable Harm” if the DOE energy rules for HUD Code manufactured homes are allowed to go into effect.”  As the Bing and Google search results on this date shown above reveal, these topics are best read on MHProNews. Others are routinely regurgitating MHI talking points, if they mention the DOE energy rule issue details at all.  Indeed, the Occam’s Razor takeaway could be that the entire point of other trade publications that are in the MHI orbit is precisely to mimic the narrative that MHI deploys and/or to routinely distract from what MHProNews, MHLivingNews, or the MHARR website shares.

MHProNews, MHARR and to a lesser extent MHLivingNews spent months putting public pressure on MHI to FILE suit against the DOE. According to Justia and Bing AI, the following.

BingsAIchatAnswerImage-MHProNewsThe case number for the lawsuit filed by The Manufactured Housing Institute and The Texas Manufactured Housing Association against The United States Department of Energy and Jennifer Granholm over manufactured housing energy standards is 1:2023cv0017412The case was filed on February 14, 2023 in the US District Court for the Western District of Texas1The presiding judge is David A. Ezra1The nature of the suit is “Other Statutes: Administrative Procedures Act/Review or Appeal of Agency Decision” 1. The cause of action is “05 U.S.C. § 702 Administrative Procedure Act” 1No jury has been demanded by either party 1.”

 

CrowTimeManufacturedHousingInstituteMHI.TexasManufacturedHousingAssociationLOGOs-TMHAfileSui-vDOEsMHenergyRuleRegsCaseNo23-cv-00174–DocsMHARRfactorAnalysisMastMHProNews (1)
https://www.manufacturedhomepronews.com/masthead/crow-time-manufactured-housing-institute-mhi-texas-manufactured-housing-association-tmha-file-suit-v-does-mh-energy-rule-regs-case-no-23-cv-00174-docs-mharr-factor-analysi/

> “Prior to the filing of The Manufactured Housing Institute et al v. The United States Department of Energy et al 1:2023cv00174 who in the manufactured housing industry published articles or posts on the need for legal action to stop the DOE manufactured housing energy rule from going into effect?”

The ‘more creative’ setting for Bing AI chat responses was used for the question above.  Bing AI answered the MHProNews inquiry as follows.

BingsAIchatAnswerImage-MHProNewsHello, this is Bing. I can help you find some information on this topic. 😊

According to my web search results, the Manufactured Housing Association for Regulatory Reform (MHARR) published an article in August 2022, entitled “Why the DOE Energy Rule Should be DOA” 1, in which it called on the Manufactured Housing Institute (MHI) to use its resources to file a court action against the DOE final rule. MHARR also offered to assist with such an action and set forth various claims and arguments based on the legal and practical defects of the DOE rule 1.

The MHI and the Texas Manufactured Housing Association (TMHA) filed a court action against the DOE final rule in the U.S. District Court for the Western District of Texas on February 14, 2023 234The lawsuit seeks a stay of the impending implementation of the DOE final rule and other related relief 2. The DOE final rule, which was scheduled to take effect on May 31, 2023, would establish energy conservation standards for manufactured housing based on the International Energy Conservation Code (IECC) . The plaintiffs argue that the DOE rule is not cost-effective and would harm the affordability and availability of manufactured housing 234.

I hope this information is helpful to you. If you have any other questions, please feel free to ask me. 😊

Learn more:

So, only MHARR and their press release are shown in terms of manufactured housing industry responses (the Federal Register is governmental, not industry).  A follow up inquiry reiterated some of the same, but frankly missed MHProNews. Thus, this follow up was asked.
>> “Pardon me, but that reply also missed what may be the only other source besides MHARR that published on the need to use legal action. Quoting: “It should be obvious. MHI needs to be engaged on the legal level to stop the DOE energy rule, supporting what MHARR has already led the charge on.” That is found on MHProNews at this link here: https://www.manufacturedhomepronews.com/masthead/manufactured-housing-institute-admits-does-manufactured-housing-energy-efficiency-standards-rule-conflicts-with-administrations-plans-to-ease-housing-costs-mharr-r/ That is months in advance of February 14, 2023. And there are others on that same website, including those cross-linked from that article, correct? Please check and correct as needed for accuracy.”

BingsAIchatAnswerImage-MHProNewsI apologize for missing that source in my previous answer. You are correct that MHProNews published an article on May 23, 2022 1, which quoted a statement from MHARR that urged MHI to file a legal action against the DOE energy rule. The article also mentioned that MHARR had filed a Supreme Court amicus brief on May 9, 2022 2, in support of a coalition of states that challenged the use of the Social Cost of Carbon metric in federal rulemaking. The article criticized MHI for not joining or supporting the legal efforts of MHARR and the states.

I have searched the web again and found some other articles on MHProNews that also discussed the need for legal action against the DOE energy rule. For example, on June 7, 2022 3, MHProNews reported that MHI had sent a letter to DOE Secretary Jennifer Granholm, asking her to withdraw the DOE energy rule. The article argued that MHI’s letter was “too little, too late” and that MHI should have filed a lawsuit instead. On July 12, 2022 4, MHProNews published an article that analyzed the impact of the DOE energy rule on manufactured housing affordability and availability. The article claimed that the DOE energy rule would harm millions of Americans and urged MHI to take legal action to stop it.

I hope this information is more accurate and comprehensive. If you have any other questions, please feel free to ask me. 😊

Learn more:

>> For clarity’s sake, other than MHARR and ManufacturedHomeProNews, can you find any other sources – including the Manufactured Housing Institute, one of their state association affiliates, or the Texas Manufactured Housing Association mentioning the need to use legal action to stop the implementation of the DOE energy rule for manufactured housing prior to February 14, 2023?”
BingsAIchatAnswerImage-MHProNewsI have searched the web again and found no other sources that mentioned the need to use legal action to stop the implementation of the DOE energy rule for manufactured housing prior to February 14, 2023, other than MHARR and ManufacturedHomeProNews. …”
Final Thoughts Before Summary and Conclusion
Search engines have often been accused of bias by an array of sources. That bias, such as it is, is unlikely to be in favor of the tiny over the giants. Bias tends to favor insiders, not outsiders or those exposing the insiders.
As a careful site search of MHProNews, MHLivingNews, and MHARR’s websites will reveal, each of them stated and/or linked to reports by MHARR and MHProNews stressing the need for MHI to file suit on the DOE energy rule issue months before a suit was finally launched. See for examples the record developed and previously stated here, here, here, and here. That last link is to the article below.

 

Summary and Conclusion

There is at this time a clear reporting and analysis record on MHProNews that emphasized the need for litigation, which MHI and the TMHA finally launched on 2.14.2023. That litigation was successful in delaying the implementation of the DOE energy rule. But the energy rule is still set to take effect. The only question is when will that effective date actually be? Will MHI-TMHA continue to battle via the courts? Or will they allow the DOE’s motion to dismiss to prevail?

Given that a clear record appears to exist that MHI slyly fostered the DOE energy rule, by joining forces for negotiated rule making with nonprofits (not MHARR) some years ago, in the editorial view of this publication, it is a matter of justice that MHI should be held accountable and responsible for what has happened on this issue.

Despite some glitches, that MHProNews’ inquiries helped correct (see above), a record has been developed in this article. It shows among other things the following. Quoting Bing AI (bold added by MHProNews, but text as in the original shown above):

BingAI=ImagesMHProNewsAccording to my web search, the Manufactured Housing Institute (MHI) did not oppose Section 413 of The Energy Independence and Security Act (EISA) of 2007 before it was enactedIn fact, MHI supported the inclusion of Section 413 in EISA, as it was seen as a compromise between the industry and the environmental groups that wanted more stringent energy standards for manufactured housing1.

However, after EISA was enacted, MHI changed its position and started to oppose Section 413, as it became clear that the Department of Energy (DOE) was not following the proper procedures and consultations required by the lawMHI argued that DOE’s proposed rule would impose excessive costs and burdens on the industry and consumers, and that HUD had more expertise and experience in regulating manufactured housing than DOE2.”

 

MHI leaders and their attorneys have been asked repeatedly to correct or clarify as needed our reporting, or the evidence-based allegations made by MHARR. They have declined doing so.  Thus, there is a prima facie case and a non in controversia aut in controversia argument to be made that MHI at a minimum fueled the problem which they belatedly – and under sustained pressure from MHARR, MHProNews and MHLivingNews – attempted to fix.

Who benefited from this pattern? Again, the case can be made that it was the consolidators at MHI. Several independent manufactured home producers sold out to either MHI members Cavco Industries (CVCO) or Skyline Champion (SKY) in recent years. While it would have to be determined how much the DOE energy rule was a factor in that series of acquisitions, the arguments made by Cavco’s Bill Boor and MHI’s attorneys (stated and linked above herein) are just some of the reasons to think that MHI’s foot dragging and apparently duplicitous behavior has been a factor.

Quoting Boor to Congress on July 14, 2023, there is a:

WilliamC.Bill.BoorCavcoPresCEOpicPhoto-NewCavcoLogo-MHProNews“…risk imposing requirements that lead to unbuildable or prohibitively expensive products.”

“An unfortunate example of an imbalanced regulatory approach to ESG exists in energy standards the Department of Energy (DOE) promulgated for new manufactured homes last year. ”

“If finalized as proposed, these standards would significantly threaten the affordability of new manufactured homes – our nation’s most affordable homeownership option – by imposing costs on homeowners that far exceed any reasonable value placed upon the hoped-for energy savings.”

“This [passing H.R 3327] would eliminate crippling conflicts in federal regulations over the construction of manufactured homes, which currently have now emerged between DOE’s standard and the HUD Code.”

 

But that should take logical and clear-thinking professionals back to the history cited above. There has been periodic, apparently ineffective at stopping the implementation of Section 413 of the EISA, and flip-flopping efforts by MHI. Bing AI’s search indicated that, and neither MHI nor their attorneys have to date been known to publish or provide in writing anything that contradicts that troubled record.  Again, quoting Bing’s AI for clarity:

BingAI=ImagesMHProNewsAccording to my web search, the Manufactured Housing Institute (MHI) did not oppose Section 413 of The Energy Independence and Security Act (EISA) of 2007 before it was enactedIn fact, MHI supported the inclusion of Section 413 in EISA, as it was seen as a compromise between the industry and the environmental groups that wanted more stringent energy standards for manufactured housing1.

However, after EISA was enacted, MHI changed its position and started to oppose Section 413…”

A) MHI failed to stop section 413 before it was passed. Warren Buffett supported Sierra Club litigation was a key reason why MHARR’s and some allied prior efforts to stop the DOE energy rule where thwarted.

B) After EISA of 2007 was passed, MHI teamed up with nonprofits that were pro-energy rule interest asking for negotiated rule making. Why didn’t MHI team up with MHARR, especially when MHARR offered to do so?

C) Given that MHI-TMHA ultimately filed suit, that begs the question. Why didn’t they do so almost immediately after the DOE rule was promulgated?  Why was it about 6 months after MHARR’s argument below that MHI-TMHA filed suit?

 

WhyTheDOE-ManufacturedHousingEnergyRuleShouldBeDOA-DeadOnArrival-MHARR-HUD-DOE-LogosManufacturedHousingAssocRegulatoryReform
https://manufacturedhousingassociationregulatoryreform.org/august-2022-mharr-issues-and-perspectives-why-the-doe-energy-rule-should-be-doa/

 

D) There is a growing record of sordid behavior on the part of MHI and their dominating brands. It is exemplified in part by other legal actions by public officials and plaintiffs’ attorneys, in cases like those linked below. The SEC case against Cavco reads like an industrial spy novel.  Cavco eventually settled, paying a sizeable fine, as did former MHI chairman and Cavco CEO Joseph “Joe” Stegmayer.

 

NewCavcoIndustriesLogo2021SecuritiesExchComLogoMastProjectSaturnCodeNameMonarchSECvCavcoStegmayerUrnessCavcoUMH-NOBH-DVLY-SkylineChampSKYmonopoolySchemeManufacturedHousingInst
https://www.manufacturedhomepronews.com/masthead/project-saturn-code-name-monarch-sec-v-cavco-stegmayer-et-al-federal-suit-revelations-about-cavco-skyline-champion-other-manufactured-housing-brands-apparen/
ClassActionCase#1.23cv14565SailerVDatacompEquityLifeStyleSunRHP-InspireKingsleyCalAmHometownYes!CommunitiesMSJFiles3rdManufacturedHomeCommunitiesCaseOthersSetTrialPlusMHMarketsMHProNews
https://www.manufacturedhomepronews.com/class-action-case-123-cv-14565-sailer-et-al-v-datacomp-equity-lifestyle-sun-rhp-yes-communities-et-al-msj-files-3rd-manufactured-home-communities-case-others-set-for-trial-plus-mhmarkets/

 

ClassActionCaseNo23cv6715vDatacompEquityLifeStylePropertiesHometownAmericaLakeshoreCommunitiesSunCommunitiesRHPpropYESCommunitiesInspireCommunitiesKingsleyMgt-CalAmPropMHLivingNews
https://www.manufacturedhomelivingnews.com/class-action-case-no-23-cv-6715-v-datacomp-equity-lifestyle-properties-hometown-america-lakeshore-communities-sun-communities-rhp-properties-yes-communities-inspire-communities-kingsley-mgt-cal-am-p/

 

Several of MHI’s leading brands have been consolidating the industry for years. It has become such an ‘open secret’ that some of those brands have clearly said as much during earnings calls and/or in their investor presentations.

Regulatory burdens always fall harder on smaller companies, or so argues authors and experts like Carol Roth.

CarolRothAllRegulationImpactsSmallBusinessesRegulationsAnticompetitiveQuoteNewsManufacturedHomeLivingNews
https://www.manufacturedhomepronews.com/communist-chinas-beijing-replaces-new-york-city-as-having-the-most-billionaire-residents-carol-roths-insights-war-on-small-business-news-analysis/

MHI leaders are routinely well educated and seasoned. When the record is objectively examined, no one could be as incompetent as they have been throughout the history of the EISA and the DOE energy rule.  But it arguably isn’t incompetence. MHI leaders have been duplicitous. While they could claim differently, when the record is carefully examined, these points made by Bing AI should be the final takeaways.

BingAI=ImagesMHProNews

…and…

“…the Manufactured Housing Institute (MHI) did not oppose Section 413 of The Energy Independence and Security Act (EISA) of 2007 before it was enactedIn fact, MHI supported the inclusion of Section 413 in EISA, as it was seen as a compromise between the industry and the environmental groups that wanted more stringent energy standards for manufactured housing1.”  ###

‘Conflict!’ MHI CEO Lesli Gooch Purportedly Paid Some $400K in Scheme Involving Indicted Man, 4 Congressional Reps per Bing Research -Exposé Links Evidence Contributing to Manufacturing Housing Underperformance

Litigation, Liability, Jobs, Trends, and Expected: NAHB, NAR, MHARR, MHI – ‘Homebuilder Sentiment Declining Rapidly After 1H23 Bounce’ ‘Historically Low Inventory;’ plus Sunday Weekly Headlines Review

JCN’s Ortiz-Small Biz Research, Evaluates Bidenomics and Billionaire Backers as Mortgage Rates Move Towards 8 Percent; Democrats and the Rich per Weichert; plus MHVille Markets Update

‘Sometimes Respecting and Loving Someone Requires Being Impolite. It Requires Hard Conversation Telling Hard Truths, Engaging in Civil Debate’ Alexandra Hudson; plus MHVille Markets Update

Part II – is our Daily Business News on MHProNews stock market recap which features our business-daily at-a-glance update of over 2 dozen manufactured housing industry stocks.

This segment of the Daily Business News on MHProNews is the recap of yesterday evening’s market report, so that investors can see at glance the type of topics may have influenced other investors. Thus, our format includes our signature left (CNN Business) and right (Newsmax) ‘market moving’ headlines.

The macro market move graphics below provide context and comparisons for those invested in or tracking manufactured housing connected equities. Meaning, you can see ‘at a glance’ how manufactured housing connected firms do compared to other segments of the broader equities market.

In minutes a day readers can get a good sense of significant or major events while keeping up with the trends that are impacting manufactured housing connected investing.

Reminder: several of the graphics on MHProNews can be opened into a larger size. For instance: click the image and follow the prompts in your browser or device to OPEN In a New Window. Then, in several browsers/devices you can click the image and increase the size. Use the ‘x out’ (close window) escape or back key to return.

 

Headlines from left-of-center CNN Business – from the evening of 10.25.2023

  • Meta doubled profits in September quarter as turnaround effort continues
  • Mattel reports spike in sales thanks to Barbie and Hot Wheels
  • The Alma Mater statue outside Low Library during the Columbia University commencement convocation in New York, US, on Wednesday, May 17, 2023. The university offers undergraduate and graduate degrees in arts and sciences, business, dentistry, education, engineering, law, medicine, nursing, pharmacy, and social work. Photographer: Bing Guan/Bloomberg via Getty Images
  • Mobile billboard at Columbia University shows names and faces of students allegedly linked to anti-Israel statement
  • Apple TV+ hikes price once again
  • A “UAW On Strike” sign held on a picket line outside the Stellantis Sterling Heights Assembly Plant in Sterling Heights, Michigan, US, on Monday, Oct. 23, 2023. UAW union members at Stellantis NVs lucrative pickup truck plant, which makes the Ram 1500 pickup truck, walked off the job Monday morning.
  • Auto strike is now the longest in 25 years
  • Nonprofit Embrace Global makes low-cost portable baby incubators that don’t rely on constant supply of power.
  • A nonprofit is racing to get its portable baby incubators into Israel and Gaza as crisis deepens
  • FTX cryptocurrency exchange founder Sam Bankman-Fried, wearing prison clothing, stands next to his attorney Christian Everdell in Manhattan federal court where he pleaded not guilty to seven criminal charges contained in a new indictment during a hearing before U.S. Magistrate Judge Sarah Netburn in New York City, U.S. August 22, 2023 in a courtroom sketch.
  • Sam Bankman-Fried set to testify in fraud trial as soon as Thursday
  • Air Force One debacle: Boeing has now lost more than $1 billion on each of the president’s two new jets
  • Woman who burned herself on Dunkin’ coffee settles for $3 million
  • Tesla faces Justice Department probe of range claim
  • This company envisions a future where humanoid robots are as ubiquitous as smartphones
  • McDonald’s is getting rid of McFlurry spoons
  • US and Gulf nations target ‘secret’ Hamas investment portfolio worth up to $1 billion
  • US new home sales surged in September
  • Inflation is cooling, but the price hikes aren’t done
  • IMF says Israel-Hamas war likely to hit neighboring economies
  • Bud Light scores mega deal to become the official beer of UFC
  • UPenn donors were furious about the Palestine Writes Literature Festival. What about it made them pull their funds?
  • Americans ran up $105 billion in credit card interest last year alone
  • Big Tech earnings can make or break this market
  • Guilty pleas from ex-Trump attorneys deal blow to right-wing media outlets that amplified election lies
  • Deutsche Bank shares surge as it promises more cash for investors
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