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by Greg McClanahan

(Editor's intro: Greg has used the right words with 150 manufactured home retailers and served firms such as Fleetwood Homes, Sam's Club, Conoco Philips, and with thousands of retail clients over the years in manufactured home retailing.)

Around the Campfire logoGreat leaders who have devoted themselves to continual learning and personal growth are more equipped to be able to say the right words at the right time. Those words may inspire your staff to improved productivity, encourage others to get behind a new company initiative, promote a desire for personal excellence, or maybe give confidence to a colleague experiencing a personal challenge.

Great sales professionals are equally prepared to say the right words at the right time in a sales presentation. To be able to understand a client's needs and to then select the right combination of words to affirm to that client that you are their best choice to fulfill that need.

A wonderful story that exemplifies the significance of saying the right words at the right time is told by Marlo Thomas. Every moment of every day is influenced by your words and actions. We hope you realize how significant your words can impact the success of your area of responsibility and ultimately the cumulative success of your company.

The Marlo Thomas Story

Danny Thomas, the famous actor, was a significant donor to St. Jude Children's Research Hospital. His daughter, Marlo, continues in that tradition today. She was the Editor of a book entitled "The Right Words at the Right Time" of which the entire proceeds continue to be donated to St. Jude's.

The inspiration behind this book came from her own life experience when the right words were spoken to her by her father at exactly the right time. She thought if she could reach back in time and remember that moment when words made all the difference, certainly this must have happened to others. Over one hundred of her friends responded when she invited them to recall their 'moment' when the right words were spoken. Their stories fill this book.

She writes, "Each story is a glimpse into the heart, a moment of awakening, a light bulb that revealed a truth that has stayed with them for a lifetime, or a challenge that moved them to action."

Do you recall a defining moment in your life? Think back as you read Marlo's story of The Right Words at the Right Time:

"When I was a child I loved to watch my father shave. I sat on the closed toilet seat and marveled at the sound of the razor gliding over his face, pushing the foamy soap like a shovel in the snow. I adored him, this grand figure who slapped lotion on his cheeks every morning, buttoned his clean white shirt and hugged me good-bye.

Once, my father made a movie with Margaret O'Brien and he often took me to the set. I would cue his lines as we drove to the MGM studios with the windows open and the heady mix of Old Spice and a Cuban cigar swirling about us as we carried on a kind of rehearsal in transit. On the set I played jacks with Margaret between takes, and when the bell rang, I would join the crew in their silence as the cameras rolled and the boom mike moved into position to record the dialogue I knew by heart.

I was in awe of my father and sinfully envious of Margaret O'Brien. I wore pigtails. I wanted freckles. I wanted to be Margaret O'Brien. Ten years later, at age seventeen, I got my chance.

I played the lead in "Gigi" in a summer stock production at the Laguna Playhouse south of Los Angeles. The excitement of finally being a real actress was painfully short lived. All the interviews and all the reviews focused on my father. Would I be as good as my father? Was I as gifted, as funny? Would I be as popular? I was devastated.

I loved my father, my problem was Danny Thomas.

"Daddy," I began, "please don't be hurt when I tell you this. I want to change my name. I love you but I don't want to be a Thomas anymore."

I tried not to cry during the long silence. And then he said, "I raised you to be a thoroughbred. When thoroughbreds run they wear blinders to keep their eyes focused straight ahead with no distractions, no other horses. They hear the crowd but they don't listen. They just run their own race. That's what you have to do. Don't listen to anyone comparing you to me or to anyone else. You just run your own race."

The next night as the crowd filed into the theater, the stage manager knocked on my dressing room door and handed me a white box with a red ribbon. I opened it up and inside was a pair of old horse blinders with a little note that read, "Run your own race, Baby."

'Run your own race, Baby.' He could have said it a dozen other ways: "Be independent"; "Don't be influenced by others." But it wouldn't have been the same. He chose the right words at the right time. The old horse blinders were the right gift. And all through my life, I've been able to cut to the chase by asking myself, "Am I running my race or somebody else's?""

Can you think of the right words that have been spoken to you? Can you think of moments when you were the one who may have said the right words at the right time?

Words can shape our character. Our words are like the careful touch of the potter's hands when shaping a blob of clay into something beautiful. Be aware of the influence your words can have on the world around you and then choose each word carefully knowing that they just might be life changing.

To your success!

Around the Campfire logoGreg McClanahan is the President and founder of the Around the Campfire Organization. He also works full time for the Southern Ute Indian Tribes factory build housing operations as their National Sales Manager. If you missed his article last month, please access A Unique and Effective Training and Development Approach in our archives. What Greg didn't mention his Executive Summary is how affordable the Around the Campfire program is! For less than the cost of a single cup of java at Starbucks, your organization can provide a month's training for each team member. This is an affordable, quality process you can use to continually improve your organization with! Learn more about Greg's visionary personal and professionally development process at: www.aroundthecampfire.org or you can contact him at 180 Valle Escondido Drive Durango, CO 81303, (970) 759-1767; or via email at: This e-mail address is being protected from spambots. You need JavaScript enabled to view it . Posts and feedback to the post below on the concepts noted in his article are welcome and encouraged!

Daily Business News Briefs

Fitch Predicts Housing Market will Expand 16 Percent

Fitch Predicts Housing Market will Expand 16 Percent

Fitch Ratings expects the housing market to continue growing this year and become much stronger in 2015, according to housingwire.com. Fitch forecasts single-family housing starts to grow 9.5 percent the remainder of the year to 677,000, and new home sales to advance eight percent to 465,000 while home volume will drop five percent to 4.835 [...]...

22 Jul 2014

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Manufactured Home Performs well Under Wind Test

Manufactured Home Performs well Under Wind Test

Following a story MHProNews posted July 17, 2014 regarding a manufactured housing wind test sponsored by the insurance industry, Dick Jennison, MHI president and CEO says the results will be on the Today Show tomorrow morning, July 23, between 7 and 7:30 AM. Conducted in several phases by the Insurance Institute for Business and Home [...]...

22 Jul 2014

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LPX Gains Most of Tracked Stocks; Dow, Nasdaq, S&P Nudge Up

LPX Gains Most of Tracked Stocks; Dow, Nasdaq, S&P Nudge Up

Healthy company earnings for the second quarter spurred investors to push all three indexes to make modest gains as the Dow Jones Industrial Average nudged up +61.81 points, +0.36 percent, to close at 17,113.54, according to what CNNMoney tells MHProNews. The Nasdaq added 31.32 points, +0.71 percent, to end the day at 4,456.02, while the [...]...

22 Jul 2014

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Reservations for RV/MH Hall of Fame Ceremony nearing Record

Reservations for RV/MH Hall of Fame Ceremony nearing Record

MHProNews has learned from the RV/MH Hall of Fame that the 400 reservations for this year’s Hall of Fame Induction Dinner Aug. 4, 2014 have already surpassed the 311 who attended last year, and Darryl Searer, president of the Hall of Fame, expects to exceed the 434 record high. The induction ceremony for the five [...]...

22 Jul 2014

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Property Rezoned to Manufactured Housing

Property Rezoned to Manufactured Housing

At the Dorchester County Council meeting in southern South Carolina, MHProNews has learned the council rezoned 1.98 acres on Claussen St. from Multi-family Residential to Single-family Residential, Manufactured Housing, according to journalscene.com. ## (Image credit: Bing Images)...

22 Jul 2014

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Pittsville Modular Closes; Stratford Homes picks up Ferkey

Pittsville Modular Closes; Stratford Homes picks up Ferkey

According to wisconsinrapidstribune.com, custom modular homes builder Pittsville Homes, Inc. of Pittsville, Wisconsin is closing its doors after 40 years in business. Once one of the largest employers in town with 50-60 employees and a 40,000 square foot facility capable of building up to eight homes at one time, owner Jim Hoogesteger declined to...

22 Jul 2014

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Stepping back into Housing Bedlam?

Stepping back into Housing Bedlam?

Writing in nationalmortgagenews.com, Lynn Effinger states evidence is mounting we are sliding back into another housing downturn. He says the shadow inventory of foreclosures which have not been released into the marketplace is artificially inflating home values. He notes the rise in institutional investors buying up bank-owned properties and...

21 Jul 2014

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Mississippi U will Purchase Modular Housing for Students

Mississippi U will Purchase Modular Housing for Students

The College Board of Mississippi Valley State University (MVSU) reversed an earlier decision and decided to purchase modular housing units for students instead of lesing them because the school can sell them when they are no longer needed and recoup some of their expense, according to msbusiness.com. Higher Education Chancellor Hank Bounds says...

21 Jul 2014

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Sun and Third Avenue Rise Modestly; Dow, Nasdaq and S&P Slip

Sun and Third Avenue Rise Modestly; Dow, Nasdaq and S&P Slip

Stocks fell across the board as investors responded to the violence in Gaza and the Ukraine, suppressing trading, as the Dow Jones Industrial Average nudged down -48.45 points, -0.28 percent, to close at 17,051.73. The Nasdaq slipped -7.45 points, -0.17 percent, to end the day at 4,424.70, while the S&P 500 fell -4.59 points, -0.23 [...]...

21 Jul 2014

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ELS to Release Q2 Financials

ELS to Release Q2 Financials

According to what wkrb13.com informs MHProNews.com, Equity LifeStyleProperties, Inc. (NYSE:ELS) will release its financial results for Q2 2014 on Tuesday, July 22, 2014, at 11AM eastern time. Analysts anticipate earnings will be announced as $0.61 per share with revenue of $179.61 million. In Q1 2014 the company beat analysts estimates by $16...

21 Jul 2014

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UMH Properties, Inc.: A Stock to Watch

UMH Properties, Inc.: A Stock to Watch

According to crazyjoys.com in Stocks in the News, UMH Properties, Inc. (NYSE:UMH), which will distribute 0.18 per share to stockholders Sept. 15, 2014, has a year -to-date performance of 9.91 percent and a quarterly performance of 2.89 percent. In Friday’s (July 18) trading the stock closed up +0.71 percent at 9.98. The company is...

21 Jul 2014

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Featured Articles and Reports - July 2014 Vol. 5 No. 10

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Increase Your Exposure Online With This FREE Google Plus Authorship Plugin

Increase Your Exposure Online With This FREE Google Plus Authorship Plugin

by Joe Karns By now I'm sure you already know the many benefits to running a blog strategy around your business. However, there is an easy (and FREE) way to get... Read more

MARKETING

Tattoos, Technology and Manufactured Housing Sales Growth

Tattoos, Technology and Manufactured Housing Sales Growth

by Jason Brady Before we bought out ManufacturedHomes.com – which was previously a part of SearchCore - one of the big draws for that operation was their tattoo website. Read more

MARKETING

Community Management: The $20,000 Dog

Community Management:  The $20,000 Dog

by Kathleen Bianculli It’s exciting. You just purchased a manufactured home community. It has fifty (50) sites, forty eight (48) of which are occupied by home owning tenants paying $300/month... Read more

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Same Sex Harassment in California

Same Sex Harassment in California

by William “Bill” Hart, JD In Hart King's continuing efforts to bring recent developments in California employment law to our clients who employ workers in the state, we provide this summary... Read more

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

With this ring…

With this ring…

by Nadeen Green, JD June is now just a memory as we continue into the summer of 2014 - the month often associated with weddings by which happy couples are traditionally... Read more

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Is It Really Progress? Manufactured Housing Finance, Dodd-Frank and the CFP…

Is It Really Progress? Manufactured Housing Finance, Dodd-Frank and the CFPB

by Marc Lifeset, JD The Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act”) amended the federal Truth in Lending Act (“TILA”), directly impacting the manufactured housing industry in a... Read more

FINANCING

Why Don’t States Do More to Promote Affordable Housing?

Why Don’t States Do More to Promote Affordable Housing?

by Doug Ryan Since 2005, CFED has promoted manufactured homes as a viable housing opportunity, particularly for low- and- moderate-income families. We have focused on making manufactured housing part of the... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Following-up on Dirty Laundry

Following-up on Dirty Laundry

by Stacey Epperson Earlier this year I wrote about “Dirty Laundry,” the tendency to keep the two million pre-1976 mobile homes in the United States out of sight and out of... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

HUD Code Manufactured Homes and Attached Garages, a Regulatory Update

HUD Code Manufactured Homes and Attached Garages, a Regulatory Update

by Lois Starkey I am following up on a communication I sent to manufacturers in January regarding attached garages.  As you know, late last year it was brought to MHI’s attention... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Louisville 2015…The Road to Success

Louisville 2015…The Road to Success

by Ron Thomas, Sr. The numbers really add up. Think about all of the exciting brand new homes. Think about the 1,561 plus customers who visited in 2014. Think about the... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Time to Pull Ourselves Together

Time to Pull Ourselves Together

by Bob Vahsholtz There’s work to be done. Those of us still involved in housing need to pull up our socks and get the wheels turning in the direction of industrializing... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Taking Inventory in Manufactured Home Communities Today

Taking Inventory in Manufactured Home Communities Today

by Maria Horton As we enter the second half of 2014, we find ourselves taking inventory of goals met, goals yet to be achieved and pondering our new goals for the... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Stacey Epperson, CEO of Next Step, Discusses Affordable Housing and the Ene…

Stacey Epperson, CEO of Next Step, Discusses Affordable Housing and the EnergyStar Manufactured Home Solution – Inside MH

by L. A. 'Tony' Kovach Next Step is a unique organization with a not-for-profit as well as for profit divisions. Stacey Epperson is the President and CEO of both, and she... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Mark Belicky-Carlyle Group, Maria Horton-Newport Pacific, Frank Rolfe and m…

Mark Belicky-Carlyle Group, Maria Horton-Newport Pacific, Frank Rolfe and more at the 2014 MHI Congress and Expo

by L. A. 'Tony' Kovach This 137 second video gives you a snapshot of the personalities and the energy that was found at the 2014 Manufactured Housing Institute (MHI) Congress and... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

“We Need Everyone to fell like its for Everybody” - Dennis Hill video back …

“We Need Everyone to fell like its for Everybody” - Dennis Hill video back story to Tunica and the Successful Return of the Louisville Manufactured Home Show – Inside MH

by L. A. 'Tony' Kovach Every video we do brings unique insights that a motivated professional could put to work to improve their career, location, organization or investments in manufactured housing. Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

“Manufactured Housing Industry Cohesion!” - Paul Bradley, ROCUSA on Cohesio…

“Manufactured Housing Industry Cohesion!” - Paul Bradley, ROCUSA on Cohesion, MHCs they admire, the Value they bring Owners, Residents and the Industry – Inside MH Video Interview

by L. A. “Tony” Kovach Breaking the Stereotypes! Proven Strategies for Profitable MHC Advancement! If there are two phrases that suggest what this interview reveals, those would certainly both apply. ROC... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

“...I kill politicians.” - Attorney Rick Robinson on Manufactured Housing …

“...I kill politicians.”  - Attorney Rick Robinson on Manufactured Housing Lobbying, Writing the Industry “Then and Now” and more – Inside MH Video Interview

by L. A. “Tony” Kovach We enjoy doing and bringing you all of our video interviews, but some are funnier than others. Put this video with Rick Robinson, JD -Vice President... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Inside Manufactured Housing, video interview with Richard “Dick” Jennison, …

Inside Manufactured Housing, video interview with Richard “Dick” Jennison, President and CEO of MH Institute at 2014 Congress and Expo, Caesar's Palace, Las Vegas NV

by L. A. “Tony” Kovach The Manufactured Housing Institute’s (MHI) 2014 Congress and Expo was widely seen as a big success this year, and you'll hear the details of the records... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

A Cup (err...glass) of Beer with...Barry Cole

A Cup (err...glass) of Beer with...Barry Cole

1) Who, What and Where (Your name, formal title in your company and where you are based). Barry Cole, Manufactured Housing Insurance Services (MHIS) Orange, California. Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Inside Manufactured Housing Video Interview: a Behind the Scenes look at t…

Inside Manufactured Housing Video Interview: a  Behind the Scenes look at the Industry with Kathleen Bianculli of  American Insurance Alliance, LLC

by L. A. “Tony” Kovach We caught up with Kathleen Bianculli – American Insurance Alliance, LLC - at the 2014 Manufactured Housing Institute Congress and Expo (C&E) in Las Vegas to... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Are Voluntary Sprinkler Standards Still Needed? Ask the State Executives!

Are Voluntary Sprinkler Standards Still Needed? Ask the State Executives!

 by Bill Matchneer, JD I attended the MHI Summer Meeting in Indianapolis to assist the Manufactured Housing Institute (MHI) with the compliance effort for the new Dodd-Frank valuation rules I worked... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Has everyone written off new manufactured home community development outsid…

Has everyone written off new manufactured home community development outside of the Dakotas?

by Paul Bradley When I talk with friends about new manufactured home community (“MHC”) development, the conversation usually devolves to zoning and planning regulations that don’t permit MHCs or make their... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Ken Segall, Author of Insanely Simple and Apple Marketing Guru, An Inside M…

Ken Segall, Author of Insanely Simple and Apple Marketing Guru, An Inside MH Video Interview

by L. A. “Tony” Kovach We caught up with fabled Ken Segall, author of Insanely Simple, the marketing whiz who was part of the legendary Steve Jobs/Apple success story. Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Newport Pacific Regional Manager, Maria Horton, sounds off on the Professio…

Newport Pacific Regional Manager, Maria Horton, sounds off on the Professional Property Management Option in this edition of - Inside MH

by L. A. “Tony” Kovach Newport Pacific has long been a West Coast powerhouse in the manufactured home communities (MHC) sector. More recently, they've expanded Eastward and have been exploring more... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

The 6 critical factors of employee performance

The 6 critical factors of employee performance

by Tim Connor, CSP During my many years of working with clients worldwide I have come to believe that there are 6 critical factors that determine employee performance and long-term organization success. Read more

MANAGEMENT

ZigOn Community Values

ZigOn Community Values

by Zig Ziglar Ed Shipman is a throwback to those people who believe in free enterprise, independence, hard work, faith, commitment and responsibility. Read more

PERSONAL REFLECTIONS, MOTIVATION and INSPIRATION

Creative selling vs. same stuff, different day

Creative selling vs. same stuff, different day

by Tim Connor, CSP Any time is a good time to sell creatively.  Uncertain economic times are an excellent time to sell creatively. And, poor economic times require that salespeople sell creatively. Read more

SALES

Upcoming Events

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MHLIVINGNEWS.COM FEATURED HOME OF THE WEEK

Classifieds

Press Releases

Mountainside Financial launches Dodd-Fra…

Mountainside Financial launches Dodd-Frank compliant non-MLO, MLO SUN Manufactured/Mobile Home Direct Loans and Refinancing

Using online articles, banner ads and video, Mountainside Financial is announcing the launch of the evolution of their direct lending platform promotion. As a division of San Antonio Credit Union (SACU), Mountainside has a unique 14 year history of making direct to consumer loans on manufactured and mobile homes. Direct loans are often done in "partnership" with brokers, communities, Realtors ®, other housing professionals and manufactured home retailers who refer consumers to them. Anthony Ducharme, Direct Channel Manager for Mountainside, explained how they created their new SUN System with Manufactured Home Professionals in mind who needed a compliant process to navigate SAFE Act and Dodd-Frank regulations enforced by the Consumer Financial Protection Bureau (CFPB). "If you've been originating your own loans, talk to us. If you want to have a legally complaint...

the MHMSM Team 08 Jul 2014 Corporate Press Releases

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Call for Nominations for the RV/MH Hall …

Call for Nominations for the RV/MH Hall of Fame Class of 2015

ELKHART, Ind., -- The RV/MH Hall of Fame Selection Committee has issued a call for nominations for the Class of 2015. Darryl Searer, Hall president, said, "The Hall welcomes nominations from all RV and manufactured housing sectors -- manufacturers, dealers, campgrounds, housing communities, suppliers, user groups, trade media, associations, etc -- for the class of 2015 and beyond. "The nomination guidelines and forms available online atwww.rvmhhalloffame.org/pages/nominations.cfm." According to the guidelines, anyone can nominate a person to the Hall of Fame that meets the eligibility requirements. The only people who may not be considered are those who currently serve on the Hall's Selection Committee. To be eligible the nominee must be, or have been, an active participant in any segment of the recreation vehicle, campground or manufactured housing industries for a minimum of 25 years....

the MHMSM Team 08 Jul 2014 Corporate Press Releases

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Southwest Region Manufactured Home Commu…

Southwest Region Manufactured Home Communities Showing Rent and Occupancy Growth, Outpacing National Average, According to JLT & Associates’ 14-Year Market Summary Report

Grand Rapids, Michigan – JLT & Associates (JLT), the nation’s #1 market research company for the manufactured housing industry, today announced a 14-year summary report of its manufactured home community rent surveys for 6 Southwest markets. Recognized as the industry standard for manufactured home community market analysis for over 20 years, JLT Rent Surveys provide detailed research and information on communities located in 72 markets throughout the United States, including the latest rent trends and statistics, marketing programs and a variety of other useful management insights. The most recent JLT Rent Surveys for the Southwest region cover 261 manufactured home communities encompassing 69,728 homesites in Albuquerque, Greater Kansas City, Greater Phoenix, Las Vegas, Tucson and Salt Lake City. This summary report is based on rent and occupancy trends from 2000 to 2014. Findings...

the MHMSM Team 01 Jul 2014 Corporate Press Releases

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RV/MH Hall of Fame 2014 Induction Dinner…

RV/MH Hall of Fame 2014 Induction Dinner Reservations Outpace Last Year's Event

ELKHART, Ind. -- The RV/MH Hall of Fame's Induction Dinner Committee Chairman Mark Wasson (BlueLinx Corporation), reports reservations for the induction dinner honoring the Class of 2014 are running significantly ahead of last year's reservations.   Wasson said, "As of June 19, more than 175 friends and family of the inductees have registered which is more than double the number of registrations for the Class of 2013 induction ceremony by the same date." This year's RV/MH Hall of Fame's annual Induction Dinner will be held on August 4, 2014, at the Hall of Fame's Event Center in Elkhart, Indiana, according to Darryl Searer, president, RV/MH Hall of Fame (Hall). According to Wasson, this year's program begins with a private cocktail party in Champion Hall from 4:00 p.m to 5:30 p.m honoring all the past inductees, board members...

the MHMSM Team 20 Jun 2014 Corporate Press Releases

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Trey Miller Tapped as Chairman of the 20…

Trey Miller Tapped as Chairman of the 2014 RV/MH Golf Classic Annual Fundraiser

ELKHART, Ind., -- Atwood Mobile Products' Aftermarket Sales Director Trey Miller has accepted the position of chairman of the 2014 RV/MH Golf Classic annual fundraiser,  according to Darryl Searer, president, RV/MH Hall of Fame (Hall). Searer said, "We are delighted that Trey has stepped up to lead our golf fundraiser.  Trey will be contacting golfers from the RV/MH industries in the coming months, and I encourage all golf enthusiasts to join us for a fun-filled day and at the same time, help support the Hall.  The Hall's 2014 Golf Classic fundraiser will start at 7 a.m. on Monday, August 4, 2014, with a full breakfast followed by a shotgun start at 8:30 a.m. at the Bent Oak Golf Club in Elkhart.  The awards luncheon begins immediately following the golf tournament. Individuals can sign up as a...

the MHMSM Team 20 May 2014 Corporate Press Releases

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Senate Banking Committee Approves GSE Re…

Senate Banking Committee Approves GSE Reform Bill

On May 15th, the Senate Banking Committee approved legislation (currently unnumbered) on a 13-9 vote that would eliminate Fannie Mae, Freddie Mac and overhaul the nation's secondary housing finance market. The bill, authored by Chairman Tim Johnson (D-SD) and ranking member Mike Crapo (R-ID), now moves to the full Senate. A floor vote this year appears unlikely after several key Democrats on the panel voted against the plan out of concern that it goes too far in eliminating the current system and does not do enough to preserve affordable housing finance options. The bill expands on legislation introduced last year by Sens. Bob Corker (R-TN) and Mark Warner (D-VA) and replaces Fannie Mae and Freddie Mac with a system where the government would explicitly guarantee big losses in the housing market but...

the MHMSM Team 16 May 2014 Corporate Press Releases

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