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Manufactured Housing Institute (MHI), Women, #MeToo and Insider Information

October 17th, 2018 No comments

 

ManufacturedHousingInstituteLogoMHILogo#MeTooDailyBusinessNewsMHProNews600

The working conditions for women at the Manufactured Housing Institute (MHI) has been an issue since at least 2014, per association sources.

 

When multiple women at MHI stepped up and contacted MHProNews with their concerns, it was clearly an issue that needed to be addressed here on the Daily Business News.

In the #MeToo movement era, the question has been asked, is what has been taking place at MHI with regards to the steady stream of women who come and go a case of inappropriate sexual advances?

 

I would not call it inappropriate sexual behavior,” said one woman there.  Rather, “It has been personality conflicts in the office.” She described it as a difference in “leadership styles” than she had previously experienced in other jobs.

He … [Richard ‘Dick’ Jennison is] …the boss,” she said. “He is very insecure around strong women.”

Another female MHI vice president made similar comments about Jennison and women.

I’ve never been in [that] kind of environment,” before working at MHI. She explained that it was doubtlessly a factor for what has been described as a “revolving door” of employees at the Arlington offices.  See the related reports, after the byline on this report.

There was agreement that turnover at MHI is at higher than normal levels. The working environment was commonly cited, as one put it, because the “manufactured home industry” itself “is interesting.”  By comparison to MHI, several state associations or MHARR has far more staff stability.

A woman said she didn’t have much interaction with Gay Westbrook, other than at meeting.  She admitted Westbrook could be an exception to the rule of women having difficulties purportedly having difficulties working with Jennison.  But she also pointed out that Westbrook worked remotely.

Westbrook is MHI’s Political Action Committee (MHI-PAC) and PAC Administrative Fund vice president.

 

Vindictive

One woman described MHI’s Jennison as “Very vindictive.” She explained that he was good at masking it around others, for example during meetings with members. But in her view, it is “Part of his [Jennison’s] personality.”

A staffer told MHProNews that there were two “control freaks,” at the office at MHI. When asked about those two, she identified them as Jennison and Lesli Gooch, Ph.D. and Senior Vice President, who the MHI website says handles their “legislative issues.”

Gooch made the mainstream news when the Washington Post reported her saying that MHI had not asked for the removal of Pam Danner at HUD. By contrast, WaPo reported that Mark Weiss, J.D., President and CEO of the Manufactured Housing Association for Regulatory Reform (MHARR) had pushed for precisely for Danner’s removal over the HUD Code Office of Manufactured Housing Programs (OMHP).

WaPo made it clear that Weiss and MHARR were ultimately successful in that effort.

 

Greener, Stylish Manufactured Homes – Hidden Facts in the Washington Post Manufactured Housing Narrative

 

There are several former or current staffers that MHProNews has not yet had replies from on the issue of inner office “theatrics” and unnecessary “drama.”  So it is possible that more comments relating to #MeToo concerns, or other issues b may surface.  ICYMI, readers are reminded of a prior insider report, linked below, which has had thousands of hits.

 

Financing – Dramatic Shift – Manufactured Housing Institute (MHI) Insider News Tips

 

But as more than one source connected with MHI has said, and the Daily Business News has previously reported, the number of reports may be due in part because of MHI’s use of non-disclosure agreements (NDAs) with their staffers.

 

NDAs, Warren Buffett, Richard ‘Dick’ Jennison, Manufactured Housing Institute (MHI), and MHVille

 

But at this point in time, the common refrain is summed up describing Jennison as using “bullying” and other intimidation tactics, not #MeToo connected concerns.

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Another issue raised was about Rick Robinson, MHI’s General Counsel.  He was likewise being described by insiders as hobbled.  A common theme alleged from varied sources was that staff had to get permission to do whatever from Jennison and/or Gooch.

Robinson was asked about that concern, and declined to comment.

Part of the concerns from insider extended to Robinson’s limited ability to engage on zoning related problems, as it commonly impacts manufactured housing.  A letter by Robinson to HUD on Affirmatively Furthering Fair Housing (AFFH) is not the same as actual action, as one person explained it.

That’s an important issue for the industry.  Because MHProNews specifically asked MHI’s leadership about a specific and troubling case of alleged discrimination in Indiana.  MHI failed to reply, and per sources, they never contacted that city prior to the date of that report.

 

Rumble over Anti-MH Law-State Association, Manufactured Housing Institute (MHI), Clayton Homes, and MHARR

 

See more connected to inside MHI insights in the related reports, below the by line.

There is more that will be highlighted in an upcoming report that probes the relationship between the MHI Executive Committee and MHI staff, among other issues. ## (News, analysis, and commentary.)

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Related Reports:

MHI SVP Lesli Gooch & MHARR CEO Mark Weiss Bookend New, Prior HUD Controversies

Sexual Harassment-Not Just Hollywood, Media, Politicos-Manufactured Housing Workplace Claims, High Profile MH Cases Too?

Where there is Smoke…is there Manufactured Housing Institute Fire?

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New National Manufactured Housing Association Makes Its Appeal to Industry Members

October 17th, 2018 No comments

NAMHCONationManufacturedHousingCommunityOwnersAssociationLOGOdailybusinessnewsMHProNews

The greatest hindrance and the greatest threat to the industry is not the economy, the homes or the communities, it is governmental interference and over-regulation,” said Neal T. Haney.

 

The manufactured housing industry has long been a mainstay of affordable housing in the United States. For decades the industry has provided an unmatched quality of life with an affordability not seen in any other sector of the housing market. The homes and the land lease communities in which they are situated have become fixtures across the country providing an affordable, quality lifestyle to all segments of our population. Over the years it has seen its ups and downs, but has been able to survive and even thrive through the difficult times,” said Haney, the president of the newly formed National Association of Manufactured Housing Community Owners, Inc. – or NAMHCO.

We’ve been reporting on the emergence of a new association for community owners, in articles like the ones linked further below.  It is a move that the Manufactured Housing Association for Regulatory Reform (MHARR) has been encouraging for years.

Study Recommending New Manufactured Housing Association for Independent Retailers, Communities, Lenders, Others Released

Now, that new NMHCOA association is taking shape.  Their organizers are making their appeal in writing.

 

The Manufactured Housing Communities of Arizona (MHCA) is a statewide association representing community owners in Arizona. As state associations do, the MHCA has been very active and productive at the state level in combatting governmental interference with its burdensome regulations and obstacles,” said Haney, as he walked through some history. “At the state level most community owner associations have been able to not only monitor proposed local and statewide legislation, but interact with legislators to prevent onerous regulations that are detrimental to our industry.”

 

‘No Effective National Representation’…

The national legislation and rule making over the last ten years has proven that we do not have that representation” at the federal level, Haney explained. One only has to look at the passage of the Safe Act and the Dodd-Frank Act to see how devastating and onerous national legislation can be. Other similar chattel groups (the RV industry) saw the proposals and their representation managed to have them exempted.”

It was a devastating finger pointed at the Manufactured Housing Institute (MHI), which two state community associations broke from last year, due to a lack of effective national representation.  The group passed out literature at MHI’s annual meeting.

 

State Associations, Companies Quit Membership in Manufactured Housing Institute, (MHI), One Explains in Writing, ‘Why?’

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The national organization to which we belonged [i.e. MHI] was apparently unaware of the legislation and its ramifications until after passage and it was already being implemented. The rule making in the aftermath has been horrendous and little if anything has been done to stop the bleeding,” said Haney’s letter. 

Recently, HUD has issued rules concerning the screening of prospective tenants for our communities. Again we find no one aware of what is happening, much less advocating on our behalf. Installation requirements are being implemented that have no basis in common sense and the result will be additional burdens on community owners and added costs for homeowners,” said Haney.

We need someone to advocate on behalf of the community owners. This singular task needs to be done at the congressional level and in the departments that make policy affecting our industry. Every community owner, and every association that is accepting membership dues from community owners, should be concerned with the lack of representation at the national level and should be involved in finding adequate representation. If you are willing to be a part of the solution, please contact our association office.”  Haney pointed to Susan Brenton, who has served the Arizona community owners for several years.

Brenton previously worked with resident groups in her state, so she is aware of the dynamics on both sides of that fence.

Brenton’s contact information is: 2158 N, Gilbert Rd., Suite 116, Mesa, AZ 85203, 480-966-2446 • suebrenton@me.com.

It should be noted that MHProNews is reporting on this ongoing development of the NAMHCO, and is not taking a position on this particular group either way at this time. “We Provide, You Decide.” © ## (News, analysis, and commentary.)

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SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsSubmitted by Soheyla Kovach to the Daily Business News for MHProNews.com. Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

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For Independents, Independent-Minded MH Professionals, and Freedom-Loving Investors Only, Sunday Headline News Recap 10-7 to 10.14.2018

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HUD Secretary Carson Visits North Carolina, POTUS to FL, Survey Hurricane Damage, Response Efforts, Federal Funds

October 16th, 2018 No comments

HUDSecretaryNCPOTUSFLSurveyHurricanDamageResponseFederalFundsDailyBusinessNewsMHPronews

On Monday, Dr. Ben Carson, Secretary of the Department of Housing and Urban Development (HUD), joined Alex Acosta, Secretary of the Department of Labor , Senator Richard Burr (NC), Senator Thom Tillis (NC), and Congressman David Rouzer (NC-7) in North Carolina to visit areas impacted by Hurricane Florence,” said HUD in a statement to the Daily Business News on MHProNews.

 

After touring damaged areas, Secretary Carson, Secretary Acosta, Governor Roy Cooper, Congressman David Price (NC-4) and Congressman G.K. Butterfield (NC-1)  received a briefing on the recovery efforts at FEMA’s Joint Field Office,” the federal spokesperson stated.

We work for the people, the people don’t work for us,” Secretary Carson explained. “The best way to actually work for the people is to see what the people are doing, to hear from the people themselves.”

Carson subsequently was interviewed by One America Network News (OANN). Emerald Robinson spoke with HUD Secretary Ben Carson to discuss the department’s work with FEMA, federal loans, and other coordination efforts.

 

 

Meanwhile, President Donald J. Trump, the first lady Melania, and GOP Senate hopeful Governor Rick Scott visited Mexico Beach, Florida to tour the devastation left behind by Hurricane Michael.

 

 

HUD previously sent a statement to MHProNews that includes potential opportunities for manufactured and modular housing professionals in the wake of Michael, and/or other disasters, such as Florence.

 

HUD Announces Post Disaster Assistance for Hurricane Recovery

See that prior report, linked above.

These videos are also stark reminders that conventional housing can fail spectacularly in such storms, as block after block of devastation reveals. Check the related reports, further below the byline. That’s this evening’s “News through the lens of manufactured homes, and factory-built housing.” © ## (News, analysis, and commentary.)

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Related Reports:

President Donald J. Trump Visit to Manufactured Home Community, Video, Hurricane Florence Update

 

Weather Expert’s Surprising, Bombshell Statement on Tornado Deaths and Affordable Manufactured Homes

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Morgan Stanley, CNBC – Investors Want GOP Wave but Ponder Split Control of Congress, Plus MH Market Updates

October 16th, 2018 No comments

CNNmoney10.16.2018ManufacturedHomeStocksMarketsReportsMHProNewsCNBC’s and Morgan Stanley observations are interesting, but we’ll briefly lay out why there are likely 50 percent wrong.  With the biggest single day rise since the spring of 2018, the CNBC/Morgan Stanley and related will be this evening’s market focus, found further below.

 

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further below, after the newsmaker bullets and major indexes closing tickers.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  Headlines – at home and abroad – often move the markets.  So, this is an example of “News through the lens of manufactured homes, and factory-built housing.” ©

Part of this unique evening feature provides headlines – from both sides of the left-right media divide – which saves busy readers time, while underscoring topics that may be moving investors, which in turn move the markets.

Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.

This is an exclusive evening or nightly example of MH “Industry News, Tips and Views, Pros Can Use.” © It is fascinating to see just how similar, and different, these two lists of headlines can be.

Want to know more about the left-right media divide from third party research?  ICYMI – for those not familiar with the “Full Measure,” ‘left-center-right’ media chart, please click here.

 

Select bullets from CNN Money…

  • Netflix now has more than 137 million subscribers
  • What tension with Saudi Arabia means for investors
  • For America’s biggest banks, Saudi crisis strains a lucrative relationship
  • Perspectives: Banks around the world are cashing in on an untapped market — women
  • Hedge funds have killed Sears and many other retailers
  • Instacart is now valued at $7 billion
  • Paul Allen, Microsoft’s co-founder, has died at the age of 65
  • Perspectives: Why robocalls are about to get a lot more dangerous
  • These companies got rid of job titles. Here’s what happened
  • Shifting gears in Genovation’s electric Corvette
  • This floating pipe is trying to clean up all the plastic in the ocean
  • E-Commerce Guide by CNN Underscored
  • The world’s first smart, reusable notebook is now less than $20
  • Dow spikes 548 points
  • Investors cheer fat corporate profits
  • Strong corporate earnings boost stocks
  • American wages go up in the third quarter
  • Jamie Dimon is feeling good
  • Why quarterly earnings reports are a necessary evil

Select Bullets from Fox Business

  • Trump: Federal Reserve is my biggest threat
  • Job openings hit record 7 million, plenty for the 6 million unemployed
  • Dow soars 548 points as earnings, jobs data excite investors
  • Netflix surges on massive subscriber growth
  • Here are the Sears, Kmart stores closing by the end of the year
  • USA Gymnastics chief resigns over anti-Nike tweet, addresses Kaepernick
  • Processed American cheese is dying, here’s why
  • Timing the next recession? Here’s when it could hit
  • Uber IPO could be worth up to $120B
  • US, China trade war: Why robots may be a game-changer
  • Allies soften tone on US trade policy: Here’s why
  • FBN’s Stuart Varney on Sen. Elizabeth Warren’s DNA test results.
  • Kennedy: Hillary still backs Bill’s abuse of power
  • Media attacks on Kanye West reveal bias: Trish Regan
  • Microsoft co-founder, Seahawks owner dies at 65
  • These big retailers closing stores, filing for bankruptcy
  • Here’s how much it costs to buy a McDonald’s franchise
  • Blue Ridge Fudge Lady: A lot of sweetness, a whole lotta gumption
  • Saudi WWE wrestling events should go on: John Layfield

 

Today’s markets and stocks, at the closing bell…

10.16.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue10.16.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

Today’s Big Movers

For all the scores and highlights on tracked manufactured home connected stocks today, see thBloomberg graphic, posted below.

Today’s MH Market Spotlight Report –

MorganStanelyCNBCRedBlueSplitcongressPlusMHMarketUpdatesDailyBusinessNewsMHProNews

Other than moat-minder investors, most like bulk of the policy results so far under President Donald J. Trump.   Per left-of-center CNBC, here are their bullets, followed by graphics from Morgan Stanley, and then followed by other third-party data that will give those who want a red wave to carry both the House and the Senate to take heart.

Per CNBC:

  • With the odds for a blue wave fading, the market is pricing in a split Congress after the mid-term election, and strategists expect stocks to rally no matter the outcome.
  • However, on the outside chance Republicans sweep, the market could actually do better in the year after the election.
  • For the bond market, strategists see slightly higher rates if Republicans win both houses because of the prospect of more tax cuts and more U.S. debt.

Per Morgan Stanley: note we believe that option two is the more likely one, and that the odds are higher than they suggest.

MorganStanelyCNBCRedBlueSplitDailyBusinessNewsMHProNews

No one knows it all, and our crystal ball is imperfect. That said, we were correct in 2016, when others were saying ‘no chance.’  Some of the same kinds of indicators that led MHProNews to project an insurgent Trump win for the White House in 2016, and allowed the GOP to hold a narrow grasp of the House and the Senate are reasons why a Red Tide is more likely than not.

While noting it all comes down to people going to the polls – that means you too – let’s recap some evidence as to why the Dems may be disappointed on midterm election night 2018, just three weeks from now.

1)    535’s pundit Nate Silver, left leaning, says a split likely and is less sure of his forecast than he was in 2016, when he was dead wrong.

2)    Rasmussen, which was one of the more accurate polls in 2016 has President Trump hovering around 50 to 52 percent job approval.

3)    While the Washington Post disagrees, Rasmussen says that POTUS Trump is now at 36 percent approval among African-Americans.

4)    Consider that the BBC reminds us that in 2016, Donald J. Trump won “8% of black voters – 88% voted for Clinton.” That was 8 percent in 2016 was enough for Candidate Trump to make states like North Carolina tilt red. Even if it is less than 36 percent, as WaPo suggests, if minorities and Anglos turn out and vote in equal proportions, expect a red tide, not a blue wave.

5)    Gallup surprisingly showed in September that approval of the GOP is at a multiple year high.

RepublicanPartyGainsGrondGallupFavorableViewsofGOPDemocraticPartiesSept2018DailyBusinessNewsMHproNEws

This poll was finished before the completion of the Judge Kavanagh hearings. The energy on the right has risen since then.

The strong drum beat from the anti-Trump wing of the media reveals concern, not confidence. There’s more but that’s enough for this evening.

With the Kanye West effect, and a growing number of non-traditional support growing for the 45th President and the GOP that has provided the strong economy in decades, it is difficult to see how rational voters will vote against their own self interests.

Time will soon tell.

Related Reports:

“It’s the Economy, Kavanaugh” – Ted Cruz vs Beto O’Rourke TX Senate Race, Plus MH Market Updates

Manufactured Housing, Money, & Midterms, From KNOXVILLE, TN, & Beyond – Plus MH Market Updates

Bloomberg Closing Ticker for MHProNews…

NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.

NOTE: The chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.

NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).

 

10.16.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

Berkshire Hathaway is the parent company to Clayton Homes21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.

LCI Industries, Patrick, UFPI and LP all supply manufactured housing.

AMG, CG and TAVFX have investments in manufactured housing related businesses.

Your link to industry praise for our coverage, is found here.

For the examples of our kudos linked above…plus well over 1,000 positive, public comments, we say – “Thank You for your vote of confidence.”

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsWe Provide, You Decide.” © ## (News, analysis and commentary.)

(Image credits and information are as shown above, and when provided by third parties, are shared under fair use guidelines.)

Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.

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Big Manufactured Home Community Operator, MH Owner Kid Rock, John James, Donald Trump Jr, and Debbie Stabenow

October 16th, 2018 No comments

 

BigManufacturedHomeCommunityOperatorMHOwnerKidRockJohnJamesDonTrumpJrDebbieStabenowDailyBusinessNewsMHProNews600

FEC filings and manufactured home (MH) industry sources are telling the Daily Business News on MHProNews that one of the big MH community operators is a large supporter of the campaign of U.S. Senator Debbie Stabenow (MI-D).

 

While it is public record, that community operation’s name will be revealed later, as other industry ties to Stabenow are being explored.  Rephrased, expect more than one tie-in, if sources are correct.

Michigan has been one of the top states in the U.S. for manufactured housing shipments in recent years, as data from the Manufactured Housing Association for Regulatory Reform (MHARR) reports. See the latest MHARR shipment report says the state is number 9 in the U.S.  Linked below the graphic are more new manufactured home shipment details.

Top10ManufacturedHousingshipments2018CummulativeManufacturedHousingAssocRegulatoryReformMHARRTXLAFLALNCMSCAKYMITN-DailyBusinessNewsMHProNews

Strong HUD Code Production Growth in August 2018

 

Manufactured Home Owner, Star Kid Rock

Multimillionaire manufactured home owner Kid Rock is supporting Stabenow’s opponent.

Focused MHProNews readers may recall that Kid Rock, a.k.a. Robert Ritchie, feigned a campaign run for the Stabenow U.S. Senate seat last year. He did so under the cover of a voter registration drive. A Daily Business News report last year is packed with more videos, hilarity, and edgy political insights.

 

“Born Free,” “Po-Dunk” Manufactured Homeowner Kid Rock Updates Senate Race Status

 

Kid Rock’s popular music video Po-Dunk features his personal camo multi-sectional manufactured home. While salty and suggestive, his video celebrates the Bible, Guns, and Gritty Americans of all racial backgrounds that are often unjustly dismissed. Many of those in the video below are depicted as living in manufactured homes. Po-Dunk has had over 19 million views.  It’s posted below.

 


Rock and Donald Trump, Jr. are supporting John James for the U.S. Senate in MI.

DonaldTrumpJrAmeicanBusinessmanWikipediaDailyBusinessNewsMHProNews

James is running in a state that President Trump won narrowly in 2016, as part of his upset victory. Rock said that James in the U.S. Senate will make “D.C. liberals cry,” said the News Herald.

JohnJamesBusinessmanVetGOPUSSenateCandidateDailyBusinessNewsMHProNews600

Donald Trump, Jr. has been a ‘hot ticket’ on the GOP fundraising and stump, report numerous mainstream media sources.  Trump Jr. and Rock are actively supporting John James.

Stabenow is a known commodity, gets plenty of big Democratic donor money.  She votes with Senate Minority leader Chuck Schumer 91 percent of the time, per ProPublica. Among several positions that should  concern most manufactured home business professionals and investors is her vote for Dodd-Frank.

SenatorDebbieStabenowProPublicaDailyBusinessNewsMHProNews

The gap between James, a relative unknown compared to Stabenow, is closing rapidly.  See the RCP graphic, but note the MHProNews commentary.

RealClearPoliticsRCPDebbineStabenowJohnJamesDailyBusinessNewsMHProNews

Long-time readers here may recall that in 2016, the Daily Business News reported on the wide support among manufactured home industry professionals of candidate Trump. The margin between manufactured home residents favored Trump too, but by as big a margin as professionals.

Editorially, we backed the candidate in the spring of 2016, in an article that was later posted on Donald J. Trump campaign

12ReasonsEducatedIranianAmericanWomanSupportsDonaldTrumpPostedMastheadBlogMHProNews954x846

While the Manufactured Housing Institute (MHI) paid for two pro-Clinton speakers in the closing days before the 2016 election, the Kovach family supported Donald J. Trump’s candidacy as the best for the industry, small business and hundreds of millions of Americans. One of those stories ended up on the president’s campaign website, and hundreds of conservative and pro-Trump websites.

As discerning manufactured home professional readers of the Daily Business News are discovering, MHI ‘big boy’ backers and their political allies are funding candidates in several key races. See the latest link below. But ICYMI, see the related reports after this writer’s by line.

 

“He’s Lying,” Campaign Insider Video – “Don’t Do Politics?” Tell Jim Clayton, Phil Bredesen, and Marsha Blackburn, Preserving Access to Manufactured Housing Act Supporter

 

With the “Kanye effect” – President Trump’s support among blacks and minorities have been steadily rising.  It is now near or at historic highs in the modern era.  It is always all about turnout at the polls. But if that trend holds, it spells the opposite of what many mainstream media pundits suggest is a coming blue wave.

Risk Taking! Kanye West, Jim Brown, POTUS Trump Oval Office Meeting, Plus MH Market Updates

More likely – again, based upon turnout to vote – is a red wave.  Even mainstream media polling shows the shift toward GOP candidates.

The so-called ‘big boys’ in manufactured housing are often, but not always, lining up with the Democrats.  7 of the top 10 U.S. billionaires are supporting Democrats.  The Koch brothers, who are often touted by Democrats as the big donors for the GOP, are not siding with the President Trump on immigration, a top issue for the president and his base.  ICYMI, or need a refresher, see the related report, linked below.

Danny Glover, Presidents Barack Obama & Donald Trump, Promises Kept, and Affordable Manufactured Housing

The bottom line on this topic for now is this.  Unscientific indicators – people who tell MHProNews how they intend to vote – are strongly leaning toward the Trump agenda and the GOP candidates he supports. By contrast, some of the bigger names in the industry are financially supporting heavy regulation Democrats.

Was Manufactured Housing Advocate Congressman Andy Barr Backstabbed?

The good news is that 2016 proved that voters can trump – pardon the pun – the Democratic donor class. These are details that no one else in MHVille are bringing to you – and in some cases, per MHI sources – contradict information that the Manufactured Housing Institute (MHI) has been telling their members.

“He’s Lying,” Campaign Insider Video – “Don’t Do Politics?” Tell Jim Clayton, Phil Bredesen, and Marsha Blackburn, Preserving Access to Manufactured Housing Act Supporter

Election guru Nate Silver, who predicted a Secretary Hillary Clinton win in 2016, admitted in a tortured way recently that the races are toss-up.  Talk radio king Rush Limbaugh said

Here, we cite sources, follow the evidence, and follow the money.

Opinions are a dime a dozen. It’s evidence, not mere opinion, that matters to professionals who want to know what to expect the midterm impact to be on their business or investments.

Maybe MHProNews’ strong track record on politics as it relates to elections are a big reason why the industry’s professionals are flocking to MHProNews in record numbers?  That’s “News through the lens of manufactured homes, and factory-built housing,” © where “We Provide, You Decide.” ©. (News, analysis, and commentary.)

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Related Reports:

Manufactured Housing Institute (MHI) PAC Supports Former Hillary Clinton VP, Senator Tim Kaine, Other Anti-Trump Agenda Democrats

 

For Independents, Independent-Minded MH Professionals, and Freedom-Loving Investors Only, Sunday Headline News Recap 10-7 to 10.14.2018

Reminder to Clayton Homes. Cavco Industries, and Skyline Champion Employees

 

To submit a news tip, please click here: iReportMHNewsTips@MHMSM.com


“He’s Lying,” Campaign Insider Video – “Don’t Do Politics?” Tell Jim Clayton, Phil Bredesen, and Marsha Blackburn, Preserving Access to Manufactured Housing Act Supporter

October 16th, 2018 No comments

 

HesLyingCampaignInsiderVideoDontDoPoliticsJimClaytonPhilBredesenMarshaBlackburnPreservingAccessManufacturedHousingActSupporter

There are some messages that come in to our offices that suggest that MHProNews ‘not do politics.’

 

Please tell that to highly engaged in politics manufactured housing industry and lending professionals, such as Jim Clayton.

 

It’s just politics.” “We don’t say that out of these walls,” are just some of the quotes from former Gov. Phil Bredesen Democratic Senate hopeful’s staff.

In an undercover video, the Bredesen staffers say that their candidate is lying about Bredesen’s true positions, trying to court moderate and GOP voters.PhilBredesenGaveBigBucksHillaryTennesseeStarDailyBusinessNewsMHProNEws

When it comes to money and politics, it often makes for strange bedfellow.

Raja and Michelle Jubran, and Jim Clayton are co-hosting a fundraiser for Phil Bredesen,” said the Tennessee Star.

Victor Ashe follows politics in Tennessee, and he reported recently that “Other well known Knoxvillians on the Bredesen committee include businessman Jim Clayton…”

POTUSTrumpSlamsPhilBredesnDemSenateCandiateNancyPelosiChuckSchumerVSDailyBusinessNewsMHProNEws

Will Steward, a field organizer for the Bredesen campaign is caught on camera saying that “…once Phil actually gets to the Senate, he’ll be a good Democrat.”  Project Veritas has multiple videos like this one, not only with Bredesen, but with other Democrats who are saying one thing to the public, but behind the curtain, have other plans.

 

 

The Daily Business News on MHProNews recently spotlighted this specific campaign, because the President of the United States (POTUS), Donald J. Trump went on the stump for Congresswoman Marsha Blackburn.

Representative Blackburn, as will be noted below, has been faithful to several manufactured housing industry efforts requested by MHI.

Taylor Swift blasted Blackburn and endorsed her opponent, former Tennessee Governor Phil Bredesen.  But apparently the support of President Trump has given Blackburn an edge in the race to replace Senator Bob Corker (TN-R), who decided not to run for re-election.

Performer Taylor Swift, HUD Code Manufactured Homes, Manufactured Housing Institute (MHI) PAC Donations, and 2018 Midterms

 

Betraying Blackburn, Another Manufactured Housing Supporter?

Open Secrets and VoteSmart both report that Congresswoman Marsha Blackburn has been a multiple year supporter of the Manufactured Housing Institute (MHI) backed Preserving Access to Manufactured Housing Act.

Representative Blackburn also voted yes on S. 2155.  One would think that loyalty alone would cause MHI’s power players to stick with their proven supporter.

But based on mainstream media and election filing reports, that doesn’t appear to be the case.

So why are ‘the powers that be’ behind MHI funding Blackburn’s opponent, Bredesen?  Why did they do something similar to manufactured housing advocate, Andy Barr?  ICYMI, or need a refresher, see that report at the link below.

Was Manufactured Housing Advocate Congressman Andy Barr Backstabbed?

The Project Veritas undercover video report above exposes Tennessee staffers from Bredesen’s U.S. Senate campaign revealing the Democrat’s willingness to court moderate voters through deceit or outright lies.

FollowThe MoneyPayMoreAttentionToWhatPeopleDothanwhatTheySaySpySea72MartyLavinYachtManufacturedHousingINdustryProMHProNews

Ask yourself. Do these Marty Lavin dictums apply in this case?

This was especially evidenced by Bredesen’s recent statement suggesting he would, if he was already in the Senate, vote to confirm now Supreme Court Justice Brett Kavanaugh. The Kavanaugh confirmation process is a rallying cry for Democrats and Republicans in alike in the 2018 contents.  But some pundits are saying that the anti-Kavanaugh protests and theatrics has given GOP supporters renewed energy.

The Knoxville News Sentinel, per the Nashville Post, noted Victor Ashe’s report that “….Jim Clayton of Clayton Homes are hosting a $1,000-per-person event for Bredesen.”

Why is Jim Clayton, the founder of Clayton Homes and Clayton Bank, supporting an anti-Trump agenda opponent?

Jim Clayton told MHProNews after the 2016 election that he was pleased with builder and media mogul Donald J. Trump’s victory.

Uncertainty is the Only Known!

If so, then what has happened to Jim Clayton’s support of the Trump agenda since then?

Don’t miss the related reports, further below. And stay tuned, as we continue to follow the money, track and report the various maneuvers that are taking place in the background.

These reports are drawing thousands of industry professionals. Why?  Will MHI tell you these facts?

No one else in the manufactured housing industry’s trade media follows the money, facts, and evidence like the Daily Business News on MHProNews.

The takeaways are many.  One purportedly is that those who support the Trump agenda of lower taxes and regulations better keep a close eye on MHI, and vote in the midterms.  Keep in mind the related reports, that reveal a similar pattern for others that had been faithful to MHI in D.C., but are nevertheless, getting the Andy Barr-Marsha Blackburn treatment.

That’s this morning’s “News through the lens of manufactured homes, and factory-built housing,” © where “We Provide, You Decide.” © ## (News, analysis, and commentary.)

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Risk Taking! Kanye West, Jim Brown, POTUS Trump Oval Office Meeting, Plus MH Market Updates

Danny Glover, Presidents Barack Obama & Donald Trump, Promises Kept, and Affordable Manufactured Housing

 

Reminder to Clayton Homes. Cavco Industries, and Skyline Champion Employees

To submit a news tip, please click here: iReportMHNewsTips@MHMSM.com


Debts, Retail, Dollars, and the Manufactured Housing Industry Evening Market Report

October 15th, 2018 No comments

CNNmoney10.15.2018ManufacturedHomeStocksMarketsReportsMHProNewsThe federal government has closed the books on their 2018 fiscal year. It made headlines, with more red ink than any year since 2012.  That and some comments on retail numbers will be our featured report this evening.

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further belowafter the newsmaker bullets and major indexes closing tickers.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  Headlines – at home and abroad – often move the markets.  So, this is an example of “News through the lens of manufactured homes, and factory-built housing.” ©

Part of this unique evening feature provides headlines – from both sides of the left-right media divide – which saves busy readers time, while underscoring topics that may be moving investors, which in turn move the markets.

Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.

This is an exclusive evening or nightly example of MH “Industry News, Tips and Views, Pros Can Use.” © It is fascinating to see just how similar, and different, these two lists of headlines can be.

Want to know more about the left-right media divide from third party research?  ICYMI – for those not familiar with the “Full Measure,” ‘left-center-right’ media chart, please click here.

 

Select bullets from CNN Money…

  • Sears bankruptcy brings back fond memories for customers, even if they haven’t shopped there in a while
  • Deficit balloons to highest level since 2012
  • It’s time for Netflix to prove it’s still the king
  • TIMELINE From 1886 to today, take a look at 132 years of Sears history
  • Landlords across America are cheering Sears’ bankruptcy
  • These Kmart and Sears stores are closing soon
  • Priscilla Chan’s $61 billion mission to help the next generation
  • PERSPECTIVES Melinda Gates: We can use tech to help lift people out of poverty
  • JPMorgan and Ford bosses pull out of Saudi Arabia’s ‘Davos in the desert’
  • The Bay Area’s tech boom is hurting businesses
  • New York Times shuts down $11,995 Saudi Arabia tours
  • Retailers wake up to opportunity in plus-size clothing
  • E-Commerce Guide by CNN Underscored
  • The world’s first smart, reusable notebook is now less than $20
  • Saudi Arabia could use its oil to retaliate. But that has big risks
  • Saudi Arabia is No. 2 supplier of oil to the United States
  • Saudi Arabia owns (at least) $166.8 billion in US debt
  • Here’s who is still planning to attend Saudi Arabia’s big conference
  • SoftBank’s deep ties with Saudi Arabia are making investors nervous

Select Bullets from Fox Business

 

  • Trump rips Sears leadership over bankruptcy: ‘It’s a shame’
  • Sears bankruptcy: Walmart, Target and retailers could see a sales boost
  • What Sears’ bankruptcy means for shoppers
  • Sears’ CEO shakeup: Bankrupt retailer now run by three executives
  • Whirlpool says Sears bankruptcy will have ‘very limited’ impact
  • Stocks down to start the week
  • Democrats have no plan for prosperity: Varney
  • Trump signs landmark music bill: what to know
  • USA Gymnastics head apologizes for anti-Nike post
  • Saudi Reporter Backlash
  • Why Saudi Arabia is valuable to Trump
  • Dimon, Fink pulling out of Saudi conference
  • Saudi Arabia faces backlash from Branson, other businesses over missing writer
  • Continue to Saudi Reporter Backlash
  • Processed American cheese is dying, here’s why
  • US stock market bubble is worse than one that led to 2008 crash
  • Allies soften tone on US trade policy: Here’s why
  • US federal government posts widest deficit since 2012
  • Here’s how much it costs to buy a McDonald’s franchise
  • How much Uber, Lyft drivers really make
  • FOX Business Network unveils new primetime lineup
  • Here are 2019’s best places to retire
  • Social Security checks to rise by most since 2012
  • These states spend the most money on welfare
  • Continue to Personal Finance
  • Salute to American Success
  • ‘Started from scratch’: The evolution of Adirondack Creamery
  • Protein bar makers turn $10,000 into $600M after selling company to food giant

New York City real estate powerhouse led by a mother-daughter team

Today’s markets and stocks, at the closing bell…

9MarketIndicatorsYahooFinance10.15.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue10.15.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

Today’s Big Movers

For all the scores and highlights on tracked manufactured home connected stocks today, see thBloomberg graphic, posted below.

Today’s MH Market Spotlight Report –

DebtsDeficitsTaxesDollarsManufacturedHousingIndustryMarketUpdates

Reuters reports that “The U.S. federal government closed the 2018 fiscal year $779 billion in the red as tax cuts hit revenues and the government paid more to service a growing national debt, according to Treasury Department data released on Monday.” That’s for a 12 month period the largest since 2012, and of course some are blaming the tax cuts.

That said, interest rates are rising, which means that a larger share of federal tax dollars are going to debt service.

Further, tax collections of individual rates are actually at a historic high, after the tax cuts.

The pattern is already akin to what occurred during the Kennedy and Reagan administrations.  A discussion of some of the economic numbers is in the video below.


Related Reports:

Manufactured Housing, Money, & Midterms, From KNOXVILLE, TN, & Beyond – Plus MH Market Updates

Strong HUD Code Production Growth in August 2018

Was Manufactured Housing Advocate Congressman Andy Barr Backstabbed?

 

Bloomberg Closing Ticker for MHProNews…

NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.

NOTE: The chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.

NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).

10.15.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

Berkshire Hathaway is the parent company to Clayton Homes21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.

LCI Industries, Patrick, UFPI and LP all supply manufactured housing.

AMG, CG and TAVFX have investments in manufactured housing related businesses.

Your link to industry praise for our coverage, is found here.

For the examples of our kudos linked above…plus well over 1,000 positive, public comments, we say – “Thank You for your vote of confidence.”

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HUD Announces Post Disaster Assistance for Hurricane Recovery

October 15th, 2018 No comments

TragicOpportunitiesDisguiseMHProsHUDAnnouncesDisasterRecoveryAssistanceDailyBusinessNewsMHProNews

Save for the first word, what follows below could be a mission statement for the manufactured housing industry.

 

HUD’s mission is to create strong,
sustainable, inclusive communities and
quality affordable homes for all
.”

 

Those mission statement words are a routine part of press releases from the Department of Housing and Urban Development (HUD) to the Daily Business News on MHProNews.

They ought to serve as a reminder that manufactured housing professionals also need their own mission statement.

 

Tragedy Brings Opportunities for Motivated Manufactured Housing Industry Professionals

The HUD release below is followed by additional information from MHProNews that reflects what should be obvious.

While the storm is tragic, and the deaths, injuries and harm done is lamentable, rebuilding now awaits.  The recovery opportunities could include manufactured and modular housing.  This is something that forward thinkers, prepared to navigate the loops and hoops, could profit handsomely from, while serving others in need.

ManufacturedHousingAssocRegulatoryReformJOINMHARRbani-200x200

Click here or on the graphic above to learn more, which is not connected to this report.

But you can’t skim this information.  For example, the last link from HUD is part of the key.

On our 9th anniversary of industry-leading trade publishing, it is worth noting that no one else in manufactured housing trade media shares more content from third-party sources than MHProNews.

No one else even comes close.

The Daily Business News curates third party content to ensure that it’s pertinent to manufactured housing industry professionals, researchers, and investors. Perhaps these are among the reasons that MHProNews is the runaway number one read trade media in the industry’s modern history.

Before getting to the HUD Press release, our initial report on the aftermath of Hurricane Michael is linked below.

 

Manufactured Homes, Conventional Construction, Hurricane Michael-Reports, Videos, Lessons Being Learned

 

The release from HUD is found below, the “guts” of it published in full.

HUDGovPressNewsMediaDailyBusinessNewsMHPronEws

 

HUD ANNOUNCES DISASTER ASSISTANCE FOR FLORIDA STORM VICTIMS

Foreclosure protection offered to displaced families

WASHINGTON – U.S. Housing and Urban Development today announced HUD will speed federal disaster assistance to the State of Florida and provide support to homeowners and low-income renters forced from their homes due to Hurricane Michael.

Yesterday, President Trump issued a major disaster declaration for Bay, Franklin, Gulf, Taylor, and Wakulla counties.

The President’s declaration allows HUD to offer foreclosure relief and other assistance to certain families living in this county.  HUD is:

 

  • Providing immediate foreclosure relief– HUD’s automatic 90-day moratorium on foreclosures of Federal Housing Administration (FHA)-insured home mortgages commenced for the Florida counties covered under yesterday’s Presidential declaration on the date of the declaration. For assistance, call your loan servicer or FHA’s Resource Center at 1-800-304-9320.

 

  • Making mortgage insurance available – HUD’s Section 203(h) program provides FHA insurance to disaster victims whose homes were destroyed or damaged to such an extent that reconstruction or replacement is necessary and are facing the daunting task of rebuilding or buying another home. Borrowers from participating FHA-approved lenders are eligible for 100 percent financing, including closing costs;

 

  • Making insurance available for both mortgages and home rehabilitation– HUD’s Section 203(k) loan program enables those who have lost their homes to finance the purchase or refinance of a house along with its repair through a single mortgage. It also allows homeowners who have damaged houses to finance the rehabilitation of their existing single-family home;

 

  • Information on housing providers and HUD programs – The Department will share information with FEMA and the State on housing providers that may have available units in the impacted counties. This includes Public Housing Agencies and Multi-Family owners. The Department will also connect FEMA and the State to subject matter experts to provide information on HUD programs and providers.

Read about these and other HUD programs designed to assist disaster victims.

 

###

 

 

Note that the video above was not part of their release, but is an example of one of several ways that the Trump Administration is retooling federal agencies to speed recovery, in a business-like fashion. A related report to a disaster recovery related litigation involving manufactured housing and a gentleman named Nathan Smith is linked in the related reports, further below.  Note that HUD Secretary Ben Carson promised a new ear of cooperation with manufactured housing.

That Nathan Smith article that follows below reveals a this program has been used previously to create a new subdivision using manufactured housing.  Is there any reason why HUD under Carson’s leadership won’t do the same today?

On the eve of the start of our 10th year serving the factory-built housing industry, we thank our readers, clients and sponsors for their time, treasure, talent and support. “We Provide, You Decide.” © ## (News, analysis, and commentary.)

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Related Reports:

City Sued Nathan Smith, 16th Street, for Breach of Contract

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Was Manufactured Housing Advocate Congressman Andy Barr Backstabbed?

October 15th, 2018 No comments

 CongressmanRepAndyBarrKY6-R-ManufacturedHousingAdvocateDailyBusinessNewsMHProNews600

Congressman Andy Barr has carried water for the Arlington, VA based Manufactured Housing Institute (MHI) for several years.

 

MHI has justifiably called him a “champion” for the industry.

CongressmanAndyBarrManufacuredHousingActPassesHouseDailyBusinessNewsMHProNews

The screen capture reveals just one of the bills he helped get done for MHI indicates, he’s delivered for them and for the industry.

Let these first two videos of Congressman Barr speak for themselves.  Wouldn’t it be great if every law maker felt this way?

 

MHLivingNews, spotlighted his efforts more than once on behalf of manufactured home owners, prospective buyers, and the industry itself. One such example is linked below.

 

Congressman Andy Barr Speaks in Favor of Manufactured Housing, While Industry Controversies Brew

 

MHI’s PAC understandably gave Congressman Barr campaign contributions. Rep. Barr got his part of the job done, time-after-time.

So where is their backstabbing involved?

 

Big League Politics

Barr’s KY 6 is considered a swing district for a possible Democratic takeover of the U.S. House of Representatives. Amy McGrath, a left-leaning Democrat and combat veteran is getting pools of money from outside of this district.

Bluntly, Democrats have targeted Barr for elimination. Kentucky Democrat Nathan Smith is not far away, sources suggest to MHProNews, working the system…

 

Giving to Both Sides…

As political savants know, there are those who give to both major party candidates in a race.  Sometimes those donations come directly.  But sometimes, they are oblique. That can be legal.

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The Drudge Report recently highlighted a story by the Hollywood Reporter, which said that 99 percent of Hollywood executives give their campaign contributions to Democrats. MHProNews spotlighted recently that 7 of the top 10 billionaires in the U.S. are Democratic supporters.  That includes Warren Buffett, who’s Berkshire Hathaway conglomerate owns Clayton Homes, 21st Mortgage, and numerous other companies involved in manufactured housing.

So, it must be noted that MHI is dominated by Warren Buffett led Berkshire Hathaway. Voices inside and outside of the industry have made that observation.  It’s no secret.  A Berkshire Hathaway executive, sometimes two, have sat on the MHI executive committee for years.

Berkshire’s chairman routinely supports progressive, left-leaning, Democratic candidates.

Buffett’s mega-billionaire buddies, along with second tier billionaires like George Soros and Tom Steyer,  are doing the same. ICYMI, see the related reports, further below for facts and figures on this specific point.  That isn’t conjecture, it is documented reality.

So why is Congressman Barr – who did what Buffett’s Clayton, 21st, MHI et al wanted – suddenly facing a massive amount of campaign contributions from leftist groups?

Before you answer that question for yourself, consider the related question.

Isn’t what is happening to Barr a warning to all who may think today, ‘but I’ve been loyal to:’

  • Clayton Homes,
  • 21st,
  • MHI, etc.

because as soon as your usefulness is deemed over, you too could be discarded like a wet rag?

That’s not mere conjecture.

Bear in mind, that MHProNews has heard directly from those that did business with Clayton for years. Some even did high volume for Clayton. But when they did something that Clayton didn’t like, those sources tell us that Clayton turned on them and targeted them for elimination.

 

President Trump on the Stump for Rep. Andy Barr

By contrast, President Donald J. Trump campaigned with and for Andy Barr.  As a business man, the president understands the concept of loyalty.  Note too, if you watch the entire video, that the president – who is painted by his opponents as vindictive and petty – praises Senator McConnell, who he has on several occasions crossed swords with.  Can you detect any of that in this video?

But let’s return our focus back to Congressman Barr.

I’ve met Congressman Andy Barr in person. He described first-hand experiences with pre-HUD Code mobile homes, as well as with post-HUD Code manufactured homes. He seems well informed on our industry’s issues. He struck me as a genuinely good, sincere man. This is precisely the type of person whom the industry needs backing manufactured housing, from both sides of the political aisle,” said L. A. “Tony’ Kovach, publisher of MHProNews.

LATonyKovachGoodBipartisanshipShouldalwaysBepredicatedBenefitallhonestindustrymembersnotslectfewquote

The comment above was said with respect to another recent topic, but relates to this issue too.

 

A Distinction 

There are plenty of rank and file Democrats who are nice people, well meaning, intelligent, caring, etc.

But there are examples of Democratic leaders who behave in a ‘use them and don’t care if you later abuse them’ fashion. That can happen in other organizations and political parties too.

But here is a case of Congressman Barr, who has fought successfully for manufactured housing industry interests in Washington, D.C..  If the indicators and sources are correct, then the purported powers-that-be behind MHI are treating Barr very badly.

Barr certainly merits the votes and support of those in KY6, and beyond.  Bear in mind too that it is only with

Other people resist, but this president gets results,” said Congressman Barr (KY-6-R) at a POTUS Donald J. Trump Rally on his behalf in Richmond, KY. In The video below, Barr begins to speak at about 24:20, you can watch him take the stage a few moments before that timeframe.

Barr said he knew that candidate Trump would become president when he said “My opponent has a slogan…’I’m with her’…I have a different slogan, “I’m with you!

 

Also, present Saturday night were Senate Majority Leader, Mitch McConnell (KY-R) and Senator Rand Paul (KY-R). The video below presented because it was part of the same event that Barr and POTUS Trump appeared at.  It is entitled by the source as “Rand Paul EXPLOSIVE Speech at Trump Rally in Richmond Kentucky – October 13, 2018.”


Was Manufactured Housing Advocate Congressman Andy Barr Backstabbed? 

In the backdrop of all that Barr did for manufactured housing and others, do you think you can trust the billionaires on the left? Or can you trust their non-profit tools, like MHI?

Why not ask Congressman Andy Barr that question?

But Barr may be too much of a gentleman to say that there are backstabbers at work in manufactured housing. Whatever he might say, the turn of the voters is upon us.

The midterms are three weeks out, early voting is underway in several states. Keep Andy Barr in mind, and others like him when you vote. It was mostly the GOP who passed S. 2155. It was entirely the GOP that passed The Tax Cuts and Jobs Act.  That’s this morning’s “News Through the Lens of Manufactured Homes, and Factory-Built Housing,” © where “We Provide, You Decide.” © ## (News, analysis, and commentary.)

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Celebrating Manufactured Housing! Protect, Educate, Promote, and “the Ground Floor”

October 15th, 2018 No comments

 

CelebratingManufacturedHousingProtectEducatePromoteTheGroundFloorDailyBusinessNewsMHProNEws

When you or others know the truth, and act upon it, then the truth will set people free.

 

There are principles and ideals that are timeless.  The above is a paraphrase of such a principle.  What follows are also tried and true principles that when applied, can be a cause for celebration today and for years to come.

We’ve all seen articles, heard radio or watched reports on television that ‘if you had invested in company X when it first started, here is what it would be worth today.’  That’s referred to as ‘the ground floor’ opportunity.

Of course, people don’t know when something is

  • the leading edge,
  • the bleeding edge,
  • or the next big .com flop.

So, some get in on the ground floor, while others don’t.  That’s life.

Here’s a real world example of X. Amazon. Per Investopedia on Oct 10, 2018: “When Amazon first went public in 1997, its stock was priced at just $18 per share.

From that modest beginning, the online retail giant has seen its stock skyrocket, despite a rocky period during the dot-com crash. The company’s shares hit a new high of $2,050.50 a share on Sept 4, 2018, before dipping to $1,870.32 on Oct. 10.

If you had invested just $100 in Amazon’s IPO, you would have received 5 shares. What is beyond impressive is that investment would have been worth nearly $120,762 at the Aug. 31, 2018, close price of $2012.71/sh. That would yield an increase of more than 120,000% on the initial $100 investment.”

Those are impressive numbers.  But among the challenges with that kind of investment is the lack of control.  When you own your own company, and/or when you are selling for a company that rewards performance, there is a much higher degree of control over how something performs.

That’s motivation.

  • When Lawrence Yun, the Chief Economist for the National Association of Realtors says that the nation needs 8.3 million housing units, and that builders alone can close that gap, that spells opportunity.  That’s a cause for celebration.
  • This year, manufactured housing will only produce roughly 105,000 (+/-) shipments. Compare that to 20 years ago, when this industry achieved 372,000 + shipments.  The RV business grew significantly since that date, why not manufactured housing?  RVs are often a ‘luxury’ item, homes are a necessity of life.

Retailer Alan Amy said on camera that manufactured homes are the future of housing.  That’s why the billionaires are buying it up as much as they can.

 

If manufactured housing went to ten times its current sales level, it would be shipping about 1,000,000 new homes a year. Sound impossible? Even at that pace, it would take 8.3 years to fill all of the needs that Yun has said exist.  Don’t forget, the population will continue to grow too.

That sounds suspiciously like a ground floor opportunity, doesn’t it?  Only there is a twist.

This opportunity is a proven one.

What are the hurdles or road blocks?

We won’t go through every detail, there isn’t time.  But we will sum it up with three words.  Protect, Educate and Promote (PEP).  Inside and outside of our industry, those same 3 letters apply.  One must PEP inside MHVille, and PEP outside too.

 

PEPProtectEducatePromoteUnlockingMindsKeyToAdvancementMHProNews

 

PEP, Me and Thee

At a meeting of industry professionals, this writer used those words “Protect, Educate, Promote,” and people in the room lit up. I’ve never heard it put that way,’ said one corporate leader. ‘That’s a program that makes sense.’

Keep it simple, smarty. KISS.

It is my goal to give credit where it is due. That PEP came from a state association executive. He demurred when we offered to give him credit, saying its standard association thinking.

It may be standard for him, but it isn’t as clear to many others in MHVille.

Trade media like MHProNews is not a trade association. But we do similar things. Ideally, trade media is working in collaboration with trade associations and companies of all sizes to get the right words out at the right time. PEP.

The right words, properly and timely presentation are what education is all about.

  • Take the right words, and they will protect your operation.
  • Use the right words, and they will promote your operation.
  • PEP.  The right words, the right way, at the right time.
  • Then, keep repeating.

 

Celebration!

MHProNews is celebrating today the completion of its 9th year of MH trade publishing. Put differently, we are beginning our tenth year of serving manufactured home – and other factory-built housing professionals – in this fashion.

Many forget, or didn’t realize, that publishing is just part of what we do, because we offer business development services like marketing, sales coaching, recruiting, speaking that inspires people to do their best, videos, consulting, PR, content creation, and much, much more that all spells profitable business development.

But years before we began this trade media adventure, this writer was already doing business development and contract services for MH:

  • Retailers,
  • Communities,
  • Financial Services firms,
  • Factory builders,
  • Investors, and
  • Other service providers involved in manufactured housing.

 

Time, Talent, Treasure, and Vision 

When we launched this trade publication, the industry was down to two other privately owned operations that either blogged or printed items for industry professionals.

One of those two has since closed, and along with others, we tipped our hat publicly to Jim Visser. He left on his own terms. He could have sold the Journal, had numerous offers, but turned them all down. Jim had built a certain legacy. His legacy is thus intact.

The other is a monthly letter and a blog that’s often, but not always, weekly. There’s been another monthly blog too, by another duo.

After we had been publishing several years, others have jumped in, especially in the last few years.  If we can do it, they reasoned, they can too.  That’s fine.  But as their leaders have said privately, they don’t try to compete with MHProNews.  They try to cheerlead for specific causes, which is their right. We respect their rights.

But we have more visitors in a single day than others may have readers all month – or in three months. That claim is based upon third party data.  We way out perform the competition.

As one competitor put it to me privately, ‘Tony, thousands of manufactured housing pros talk in bars and restaurants about industry topics like monopoly that you alone publish.’

From a competitor, that’s a compliment.  But we don’t publish things simply to be sensationalistic.  We publish it because only the truth, followed by the correct action, will set people free.

 

Serious Research, Plus Genuine News with Analysis Equals Being #1 in MHVille 

That success formula is one that you could be doing in your market(s) too. We’ve done it with others, why not you?

When you make the case with PEP properly, then growth occurs. It’s not passive, its active.  It takes some change, but its smart change in a ground floor opportunity.  Manufactured housing done right.

Some want to do that on their own, and that’s fine.  But others realize that they are writing a check to – and/or investing their time – Google, Facebook, and other media.  They get a result.  They are in a habit, as one manufactured housing marketer frankly told me.

AllTruthPassesThrough3stagesFirstRidiculed2ndViolentlyOpposed3rdAcceptedAsSelfEvidentManufacturedHousingIndustryDailyBuinessNewsMHProNews

We have been, are, and will continue to be different.  Because feel good, cheerleading DOES NOT set people free. If cheerleading was the answer, then our industry would collectively be at a half-million or more sales a year.  Nor is it isn’t a mere cold recitation of the facts that moves minds and hearts.

People have to be met where they are, and then they have to be convinced.  That’s a process.  Processes are part of how companies like Amazon became fabulously successful.  Its a process of engagement.  That process requires good service. Happy customers. That’s training, motivation, and information combined.

The truth well told sets people free to buy what they at some level want to try. They want a home.

  • There are millions curious enough about what they may call a ‘mobile’ or manufactured home to be doing millions of internet searches every year.
  • But only a few are buying.
  • That’s opportunity in disguise.  That’s better than a ground floor, because this industry is proven.

When some 17 million cars are sold in a single year in the U.S., that tells you the potential of the automotive industry.

When RVs outsell MH by 5 to 1 today, but 20 years ago, MH outsold RVs by 3 to 2, that tells you how far MH has fallen behind.  But that spells opportunity in disguise.

We know from field experiences how to unlock those opportunities at the local market level.  We’ve been doing it for years.

Celebrate with us today, as we head into our 10th year of serving the manufactured and modular housing industry .  We take on the tough challenges, and thank the Lord, we are not only standing, but growing. Come grow with us.

My sincere thanks to all of those who have been sending messages via LinkedIn and/or in other ways for helping us celebrate our 9th anniversary of publishing what we’ve called for years, MHProNews.

But keep in mind that the original name was MHMarketingSalesManagement.com.  Those are elements of success, like PEP.

Success is routinely collaborative.  Together with our clients, sponsors and those who see the value of the truth well told, the best is yet to come.

Because the numbers tell us that we are on a very special ground floor.

MH “Industry News, Tips and Views That Pros Can Use© is more than a slogan. You are either standing still, going backward, or moving ahead.  “We Provide, You Decide.” © ## (Manufactured housing related marketing & sales news, analysis, and commentary.)

(See Related Reports, further below. Third-party images and content are provided under fair use guidelines.)

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By L.A. “Tony” Kovach – for MHProNews.com.

Tony is the multiple award-winning managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

Office 863-213-4090 |Connect on LinkedIn:
http://www.linkedin.com/in/latonykovach

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Time, talent, treasure. Put your money, as we do, where your mouth is. Need professional services? Please consider calling us. Nobody does it better in MHVille, no one. Click here to learn more.

Related References:

 

Attracting and Retaining Sales Talent – Evidence and Data-Driven Potential in Manufactured Housing

Proper Planning, Manufactured Housing, Marketing and Sales, Monday Morning Meeting

 

“Family Owned,” a Formula for Outperforming “Big Boys,” Monday Morning MH Marketing Sales Meeting

 

Sustainable Success. Your Best MH Investment? Monday Morning Manufactured Housing Sales and Marketing Meeting

 

Becoming a Standout Performer, Monday Morning Sales, Marketing Meeting

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