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Clayton Homes Fights Zoning, for “First Class Manufactured Homes” – Mainstream Media Reports

January 10th, 2019 Comments off



Cari Gorman-Salisbury owns a 2-acre lot surrounded by R1L-175 zoning which limits property owners to site-built structures. Mistakenly believing her property, acquired in 2017, provided for manufactured homes, she bought one and had it delivered one day in September to the property located on the west side of Orme Road off Rocking J Lane in the Dewey area,” per the Verde News.


Within hours after a neighbor complained, the home was removed. Manufactured homes, no matter how large, expensive or well-built they are, are not allowed, based on a change in zoning made in 1998,” said that local media.

Another area publisher – the Daily Courier – said that “Despite the stigma attached…” that “Joseph Roe, project manager for Clayton and Oakwood Homes, supports Gorman-Salisbury’s application.”

The entire report that involves manufactured housing and this Clayton effort to fight a zoning battle will be shown, for industry readers to consider. But the Daily Business News on MHProNews will tee this up noting that this article reveals some troubling trends.

  • Clayton lost their argument, 5-to-0.
  • They used the ‘new class of homes’ argument, which apparently had no weight with local officials, based upon that 5-0 no vote.
  • Clayton’s managers are not reported as making any argument that uses “enhanced preemption.” For regular and careful readers here, a related report linked below makes this recent report timely.


Surprising Discovery on Manufactured Housing’s Enhanced Preemption, Hidden Gem$


With that tee up, let’s show the local media’s featured image, and then dive into their narrative, followed by some commentary and related reports.



Gorman-Salisbury, seeing other manufactured homes in her neighborhood, had applied for a use permit from Yavapai County but hadn’t heard back when the delivery took place,” said the Verde News, which will be source cited in the quotes that follow, unless otherwise shown.

“At a Dec. 6 Planning and Zoning meeting, she told commissioners that when she bought the property in 2017, the deed hadn’t been updated in 1998 to indicate the current zoning, and the title company and Yavapai County staff also failed to note the change.

Eight nearby residents opposed the applicant’s request, two indicated their support. Those in opposition stated the proximity of a manufactured home would decrease their property values, and some had bought property because of the zoning.

Commissioners and supervisors, when looking at permit requests, consider impact on surrounding properties, impact on traffic, conformance with development standards, maintaining the character of the neighborhood, preservation of safety and welfare in consistency with the comp plan, said Commission Chair Jim Stewart. Items not to be considered were the personality of the applicant, questions concerning technical issues, water availability, financial gain or hardship, viability of a project, or setting precedence.

Commissioner Sandy Griffis said she thought manufactured homes were the wave of the future, and she felt not all were substandard. In fact, five manufactured homes reside on property within the 1,000-foot radius of Gorman-Salisbury’s property, she said.

The P&Z Commission voted 5-2 to recommend denial of the request, with Commissioners Stewart and Griffis opposing.

At the Wednesday, Jan. 2, supervisors’ meeting, Gorman-Salisbury said manufactured homes are becoming more important with today’s crisis in lack of affordable housing. The quality is equivalent and construction safety requirements are the same as for site-built homes, she said.

Of the 34 nearby parcels, she said 15 are vacant, 10 are site-built homes, one has a small garage, and eight are manufactured homes. She also refuted the idea that manufactured homes lower neighbors’ property values.

Joseph Roe, project manager for Clayton and Oakwood Homes, supports Gorman-Salisbury’s application. Despite the stigma attached to manufactured homes, they are subject to countless inspections from federal, state and the county, he said. He asked those opposing the permit to look at the homes and see how well produced and well put together they were.

Board Vice Chair Craig Brown mentioned that 25 to 30 percent of housing permits applications received in the county are for manufactured homes. Supervisor Tom Thurman suggested that the company work with people buying their product to help check zoning prior to making a purchase.

David Roe, general manager of Clayton and Oakwood Homes, said Fanny Mae and Freddie Mac, federal housing finance agency, are in the process of changing banking qualifications for manufactured homes as they recognize the homes are equal in quality to site-built homes.

There are many categories of manufactured homes and the one the applicant bought is of a high level, said Supervisor Rowle Simmons, who disagrees with treating them all as equal, saying, “We cannot use an umbrella here.”

Brown and Board Chair Randy Garrison said the Board of Supervisors probably will be seeing more of these applications in the future. The board voted 5-0 to deny the use permit…”




Some Takeaways?

One must keep in mind a powerful claim that Kevin Clayton made in the video that is posted as part of a ‘read hot’ report, linked below.


Bridging Gap$, Affordable Housing Solution Yields Higher Pay, More Wealth, But Corrupt, Rigged Billionaire’s Moat is Barrier

In the report linked above, Kevin Clayton personally said that it would be okay for Clayton Homes to ‘lose money for 5 years,‘ according to Warren Buffett.

Buffett, Chairman of Berkshire Hathaway – the parent company to Clayton, 21st and a slew of other firms involved in manufactured housing – told him it was okay, so long as it builds their competitive moat.



Sometimes the truth is hiding in plain sight. Follow the facts, evidence, and the money.


These are arguably part of a pattern of tactics, actions, and omissions, that has yielded over time what the Atlantic projected.




The Atlantic correctly projected that ever fewer independents would exist.




Meanwhile, Clayton has grown.




See that report in and analysis of the Atlantic article linked in the related report, further below the bylines, disclosures, and notices.


Legacy returned as a sponsor. Placement of their ad, or any others, shouldn’t be construed as that sponsor agreeing with any specific article.

There are only a few possibilities logically.  But given the Clayton claims, don’t they win either way in ‘fighting’ a zoning case like this one or others?  They appear to ‘fight’ for the industry, but meanwhile, aren’t they and their allies at MHI consolidating it?


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That’s this afternoon’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:

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Examining Derek Thompson’s Atlantic Report on ‘Mobile Home’ Retail Market as Fastest Dying Business In America







White House Announces Surprise Pick to Head Consumer Financial Protection Bureau

June 19th, 2018 Comments off


President Donald J. Trump announced [Monday] his intent to nominate the following individuals to key positions in his Administration,” the White House pressroom tells the Daily Business News.

Dino Falaschetti of Montana, is to be the Director of the Office of Financial Research (OFR), Department of the Treasury.  The White House press room gave his bio as follows.

Mr. Falaschetti was born and raised in Illinois.  He earned a Ph.D. from Washington University in St. Louis, an MBA with high honors from the University of Chicago’s Booth School of Business, and a B.S. with distinction from Indiana University’s Kelley School of Business.  He served as a senior economist in President George W. Bush’s Council of Economic Advisors, and currently serves as chief economist for the House Committee on Financial Services.  Previously, as a professor, he earned tenure in economics and law, as well as a named professorship in finance.  As a business professional, he managed a Fortune 100 corporate finance department, and also served as an expert witness on matters involving governance, accounting, and finance.”


House Financial Services Committee Chairman Jeb Hensarling supported the nomination in a separate statement to MHProNews.

As is the case with most post-crisis creations of President Obama and Washington Democrats, the Office of Financial Research has failed to live up to its purported mission. Plagued by reports of inefficiency, poor morale and fiscal irresponsibility, the OFR is in desperate need of new leadership,” Hensarling stated. “Dino’s policy leadership on systemic risk and monetary policy, as well as his professional experiences with financial institutions and executive management in economic research, is exactly what OFR needs to realize its vision of ‘a transparent, efficient, and stable financial system.’ While we will miss his knowledge and expertise, I applaud President Trump for this outstanding pick.”



Oval Office Names Surprise Nominee to Head CFPB

The Los Angeles Times and some other self-proclaimed ‘progressive’ sources suggested that the nomination of Kathy Kraninger was designed to keep Mick Mulvaney on longer at the CFPB.

Some are saying she lacks the qualifications to Head what they say is currently the single most powerful regulatory agency in Washington, D.C.


Emailed MH industry headline news in your inbox, typically 2x weekly. click here or above.

But the White House defended the choices, and said as follows in their statement.

Kathleen Laura Kraninger of Ohio, to be Director of the Bureau of Consumer Financial Protection for a term of five years.

Ms. Kraninger currently serves as the Associate Director for General Government at the Office of Management and Budget.  In her current position, Ms. Kraninger oversees $250 billion in budgetary resources for seven cabinet departments and thirty other federal agencies, including the Department of the Treasury, Department of Housing and Urban Development, and the Bureau of Consumer Financial Protection.  Ms. Kraninger started her career in public service as a Peace Corps volunteer.  After the attacks on 9/11, she joined the newly created Department of Homeland Security, and was promoted to Deputy Assistant Secretary for Policy.  Ms. Kraninger also worked in Congress, from 2011 to 2013 on the House Committee on Appropriations, and from 2013 to 2017 on the Senate Committee on Appropriations.  She received a B.A. in political science and education, Phi Beta Kappa, from Marquette University, and a J.D. from Georgetown University.”


Jeb Hensarling, official photo, chairman of the powerful House Financial Services Committee, R-TX.

Chairman Hensarling weighed in on that nomination too, with the following statement to the Daily Business News.

The Bureau has an important mission to enforce consumer protections laws, and properly designed and led, it is capable of great good. We have seen some of that good under the leadership of Acting Director Mulvaney, and I have no doubt that will continue under the leadership of Kathy Kraninger,” Hensarling said.

I am especially pleased that President Trump nominated an individual with management and budget experience—two qualities that are desperately needed at an agency which has been plagued with cost overruns and unnecessary spending and does not have a full-time and an independent Inspector General. I’m confident that, under Kathy’s leadership, gone are the days of wasting a more than $240 million of taxpayer money to renovate a building it doesn’t even own and paying staff to perform research that has nothing to do with the Bureau’s mission,” Hensarling said, adding, “I look forward to working with Kathy, the Trump Administration and House and Senate Democrats to reform the Bureau into a law enforcement agency that truly protects consumers and is accountable to the people’s elected representatives.”

Mulvaney, as regular MHProNews readers know, has made waves by trimming the power of the CFPB from within.

Inside Scoop Mulvaney-CFPB and MHI, Berkshire Hathaway Company Meeting Detail$

The Trump Administration – not a chest-thumping, posturing trade group in Arlington as some claim – made possible the change to Dodd-Frank that loosened up the MLO rule.  For more details, see the related reports, linked above and below.  ## (News, analysis, and commentary.)

(Third party images, content are provided under fair use guidelines.)

Note: those who think that the struggles over the enormous powers of the CFPB are over, need to think again. More on that in the days ahead.

Related Reports:

White House Signing Ceremony on Historic Pro-Growth Financial Regulatory Reform

President Trump Spotlights Factory Home Builder in Speech, Proven Promotion, Support of Industry Advancement


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Urgent Call from FEMA for Manufactured Homes, Calling All MH Sellers

September 5th, 2017 Comments off

FEMAFedBizOpsManufacturedHomesWantedDailyBusinessNewsMHProNewsThe Federal Emergency Management Agency (FEMA) has issued an urgent call for manufactured homes.

Some of the details

Manufactured Home Units Off the Lot

Solicitation Number: HSFE70-17-I-MHOTL

Agency: Department of Homeland Security
Office: Federal Emergency Management Agency
Location: Response Branch

Click the below for details, and act quickly as the need and deadline are urgent.

Industry professionals can submit their responses to the Contract Specialist, Kimberly Coakley at Responses are due by2:00PM EST Wednesday, September 6, 2017.

For a recent article on FEMA and manufactured homes, click here. ## (News, Update – As the need will be ongoing, and may become evident in Florida and the Southeastern U.S. due to Hurricane Irma, MHProNews suggests to those industry professionals that they if see this notice past the federal ‘deadline’ – and if you can spare the time – you should consider sending your inventory information in anyway.  It will not be a surprise if the deadline is extended or a new, similar FEMA request is made.)  

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2018 RV/MH Hall of Fame Call for Nominations

April 22nd, 2017 Comments off

Credit: MH/RV HOF.

Even though six months remain until the deadline, Darryl Searer, president of the RV/MH Heritage Foundation wanted to remind MHProNews, and industry professionals, that if they are considering nominating someone, now’s a good time to begin working on it.

Even though we are intensely planning for the induction dinner celebration for the Class of 2017 on August 7, 2017, it’s really not too early to start the process of nominating a deserving individual to the Hall of Fame for the Class of 2018,” said Searer.

It’s a lengthy process that should not wait until the last minute, so I urge those who are considering a nominee to download the guidelines and forms so their nominee can be considered for the Class of 2018.”

Nomination guidelines state that 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.

In order to be eligible, nominees 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.

Also, beginning with the Class of 2017, Canadians may also be nominated.2018RVMHHallofFameCallforNominationscreditMHRVHOF2-postedtothedailybusinessnewsmhpronewsmhlivingnews





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 2018 and beyond,” said Searer.

The nominating committee is especially interested in receiving nominations for deserving early pioneers who may have been forgotten, passed over or overlooked in the past. The Selection Committee is made up of an equal number of members of the RV and Manufactured Housing industries, and members will only vote on nominees from their respective industries.”

Additional details for Hall of Fame nominations are linked here. For more on Woody Paylor, retired founder of Woody’s RV, the first Canadian inducted into the hall, click here. ##


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



RC Williams, for Daily Business News, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.

Rollercoaster Ride may be Ending for Manufactured Home Community?

April 21st, 2017 Comments off

East End Residents attend a Manassas city meeting. Credit: Potomac Local.

A long, and often confusing rollercoaster ride for residents at the East End Mobile Home Park in Manassas, Virginia may be coming to an end.

But, as has been the case for the community, it won’t come without clearing a few hurdles.

Per InsideNova, James Turner, an Alexandria lawyer and the owner of two other manufactured home communities, has stepped up to the plate with an offer to purchase the trouble community.

I’ve reached a tentative agreement with East End’s owner to buy the property, repair its malfunctioning sewer system, and manage it along with my other parks, [sic]” said Turner.

As the Daily Business News has covered, the city of Manassas was set to purchase the community for $1.86 million from a trust controlled by Helen Loretta Clarke, who residents claim neglected the community’s sewage system to the point that unless residents took action themselves, sewage came up into their yards.

For Turner, who admits he’s been watching “the circus” from the sidelines, sees purchasing the community as a huge plus.

I look at this as an investment for my retirement days. I’m hoping to clean it up and make it a much nicer place to live,” said Turner.


James Turner. Credit: VTW Law firm.

After one of the residents of my Alexandria properties urged me to look into it, I decided to call the seller and see what’s going on.”

Even with the positive momentum, Turner will still have some hurdles.

First, the city will need to step back from its plan to purchase the property, and that would be contingent on whether or not the buyer would be able to afford to repair the sewer system, which could cost up to $1.5 million on top of the sale price.

Turner says this isn’t an issue.

I wouldn’t invest a million dollars in this unless I knew for sure I could do it,” said Turner.

I’m ready to buy this and get started, and start spending money with the anticipation that the city will let me buy it.”


Credit: NBC 4.

Turner has also offered to bring in workers to begin the initial clean up on the property as an act of good faith, to demonstrate he’s serious.

The other challenge is around the city’s discussions with Catholics for Housing, a Dumfries, Virginia-based nonprofit.

Jonathan Francis, the pro bono attorney representing the community’s residents, says the non-profit had managed to earn the trust of his clients by supporting several key provisions in the negotiations.

The charity was willing to offer long-term leases so residents could feel secure that a sudden sale of the property wouldn’t force them out of their homes. Keeping rents at a reasonable rate is another important consideration, since many residents only pay about $400 per month right now and couldn’t afford to pay much more,” said Francis.

Without similar assurances from Turner, I don’t know how comfortable people on the park [sic] might be even staying on the property.”

For Vice Mayor Marc Aveni, a leading opposition voice on the city purchasing the community, says that while he hasn’t spoken with Turner directly, if he’s sincere, it’s good to have him involved.

If he cleans up the park [sic] and gives the residents an affordable place to stay that’s a win to me,” said Aveni.

From my standpoint, having multiple people interested is probably a good thing. We get to pick and choose.”

Also in play is a pending litigation, in which 49 of the 58 families living at East End are pursuing “tenant’s assertions” against Clarke and her representatives.

Tenant’s assertions are a legal action that lets the residents pay their rent into an escrow account controlled by the Prince William County District Court while a judge evaluates whether the community’s owners are responsible for its poor condition.

Francis says his clients feel comfortable ending that case if Catholics for Housing purchases the community, but he’s not sure what they may do if Turner buys it instead.

Part of any deal is looking to get some sort of agreement from the residents that they won’t be pursuing action against the seller, and there hasn’t been a meeting between the residents and Mr. Turner to discuss that yet,” said Francis.

Helen Sorto, who has been working with East End residents to stay in their homes, agrees with Francis.

Some are already preparing to leave, particularly because Turner could raise rents to the point where the park’s low-income residents simply can’t afford to stay,” says Sorto.


A home at East End Mobile Home Park. Credit: Inside Nova.

With the improvements to the quality of the community, Turner says that rents may go up by $100 or $150 per month, but points out the property’s rate would remain below what he charges in his other communities, or rent for a two-bedroom apartment in the city.

I expect that the repairs I’m planning will improve the value of the trailers [sic] on the park [sic], making it a better investment for residents,” said Turner.

This is an investment on my part, so there may be some rental increases, and the tenants are aware of it. It has to work for them and has to work for me, and I think we’ve had a meeting of the minds.”

For more on the saga at the East End Mobile Home Park, click here. ##


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



RC Williams, for Daily Business News, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.

MHC Residents Look to Lawmakers for Assistance

April 19th, 2017 Comments off

Credit: Apartments.

In the Southern California city of Brawley, families who have been displaced by the closing of the Brawley Mobile Home Park are looking to their local representatives for help.

According to KYMA, more than 40 families are seeking assistance, and 10 community residents were in attendance at a legislative update last week at the Brawly Chamber of Commerce.


Because the majority of residents are Latinos, we have been treated unfairly and stepped on after living here for more than 15 years,” said one of residents in attendance.

Assembly member Eduardo Garcia, on hand with council members from the city to address questions and concerns, said that they are aware of the situation, and had asked for wheels to be put into motion to assist residents.

We’ve also requested from the county to consider doing a workshop after work hours in Brawley, come to the people that are in need of these services and information, to help walk individuals through this process,” said Garcia.


Credit: Maps of the World.

A city council member also pointed to other issues for the former community and its residents.

Unfortunately the mobile home park [sic] is not in conditions where they can continue living there, so the county of Imperial and the city of Brawley have been working together to try to assist them with relocating, but it has been an issue because a lot of these people do not qualify,” said Council Member Norma Kastner-Jauregui.

Jauregui also pointed out that a potential lack of qualification could be as simple as residents not understanding what resources are available to them.

I believe there is still about 40 families that have not been able to be accommodated, so they find themselves in a situation where they cannot live there and yet they haven’t found another place to live,” said Jauregui.

Residents and officials say that the new owner of the property is in the process of assessing the value of residents’ homes, so that he can make an offer with the hope that it assists them with their relocation.

As Daily Business News readers are aware, redevelopment, for any number of reasons, is a natural course of business, and most owners and operators follow rules and standards to the letter.

As with this instance, this also includes assistance for residents, and opportunities to purchase the community. Residents in Dover Point, New Hampshire, were able to purchase their community right before Christmas. That story is linked here. ##


(Image credits are as shown above.)



RC Williams, for Daily Business News, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.

MHC Residents to Receive Assistance for Home Repairs

April 15th, 2017 Comments off

Trailer Haven residents Maxine Ventura (right) with her daughter. Credit: East Bay Times.

In a follow up to a story that the Daily Business News originally covered in December, residents of the Trailer Haven community in San Leandro, California, will be receiving assistance for home repairs, via a one-time $150,000 grant, approved unanimously by the San Leandro City Council last month.

Per the East Bay Times, the grant is being funded by city tax revenue collected from the community, and it will be administered by Rebuilding Together Oakland East Bay.

Rebuilding Together plans to establish an on-site presence in the weeks to come,” said San Leandro Community Development Director Cynthia Battenberg.

They will be reaching out to all residents and handle all aspects of managing the program. The minor home repair program is being offered to the residents as a way to assist them in needed repairs.”

Cascade Corporate Management, a Sacramento, California-based manufactured home community and RV park Management Company that oversees the Trailer Haven operations, notified residents of the rent increase in September, which averages about $117 per site, along with a $45 sewer and water charge.

Based on the response and the communication between our resident meetings, I can understand the impact that it’s going to have,” said Cascade Corporate Management quality control director Brock Kaveny to the city council back in December.

I think it’s going to be nominal compared to some of the public concern. I think some of the concern was amplified with residents who weren’t even residents of our mobile home community.”


Trailer Haven RV and Mobile Home Park (marked.) Credit: Google.

Almost $100,000 in city taxes collected from the property’s transfer to the new owners, along with almost $50,000 in projected property tax revenues for the next three years, will be used to fund the minor home repair program exclusively for Trailer Haven residents.

I think that people deserve to have help, and I think that folks who work in the nonprofit area, as well as people in government, are the new safety net,” said Rebuilding Together Oakland Executive Director Lisa Shulman Malul.

People do everything right; they bought their mobile home [sic] and they live there but then, all of a sudden, something happens — their savings goes away, they have health issues or whatever that is. People need help, and I think they’re really rightly entitled to it.”



Malul says that the Rebuilding Together staff plans to meet with Trailer Haven residents in the coming weeks, and conduct assessments of possible repairs and make recommendations on the scope of the city’s home repair program and number of projects that can be done.

Repairs for individual mobile homes [sic] likely will be ranked based on available funds; there are no plans to subsidize the program beyond $150,000,” said Malul.

The Daily Business News covered resident protests at Trailer Haven, including the push for rent control as a solution. That story is linked here.

For an industry legal commentary on why rent control is the wrong move for local governments to enact, please click here. ##


(Image credits are as shown above.)



RC Williams, for Daily Business News, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.

Renewed Calls for CFPB’s Cordray to Step Down

April 6th, 2017 Comments off

President Barack Obama announces the nomination of Richard Cordray as the first director of the CFPB on July 18, 2011. Credit: Wikipedia.

In the manufactured housing industry, the Consumer Financial Protection Bureau (CFPB), and it’s director, Richard Cordray, have made growth difficult.

And now, Washington lawmakers have taken notice of the challenges.

According to CNN Money, Rep. Jeb Hensarling (R-TX), chairman of the House Financial Services Committee, has called on President Trump to fire Richard Cordray, the head of the Consumer Financial Protection Bureau, immediately.

I believe the President is clearly justified in dismissing you and I call upon the president — yet again – to do just that, and to do it immediately,” said Hensarling, during a hearing on Capitol Hill yesterday.


Jeb Hensarling. Credit:

The organization has been in the crosshairs of President Trump and Republicans, who have proposed Death Blows to the organization via legislation.

Speaking on the pair of bills (S. 30 and H.R. 1031) put forward last month to advance Republicans’ broader Dodd-Frank reform efforts by tackling Title X of the law, Texas Senator Ted Cruz was clear on the problem.


Sen. Ted Cruz. Credit: Washington Examiner.

This legislation would give Congress the opportunity to free consumers and small businesses from the CFPB’s regulatory blockades and financial activism, which stunt economic growth,” said Cruz.

One of the challenges around removing Cordray comes from the Dodd-Frank act, which created the agency. Dodd-Frank says, to a certain degree, that the President cannot fire the director without cause.

And for some Democrats, they see the agency being independent as critical.

Republicans have been clamoring to weaken, impede, and ultimately destroy the Consumer Bureau since its creation,” said Rep. Maxine Waters (D-CA).


Representative Maxine Waters. Credit: Wikipedia

But the agency was dealt a blow recently, when a federal appeals court denied their motions in a case with PHH Mortgage.

The same three-judge panel of the U.S. Court of Appeals for the D.C. Circuit that determined the CFPB structure was unconstitutional in October 2016, denied appeals in the PHH Corp. vs. Consumer Financial Protection Bureau case.

In the decision, which was covered by the Daily Business News here, the court determined the CFPB is controlled by a “single, unaccountable, unchecked directorRichard Cordray, who can only be removed for just-cause, which poses the risk of arbitrary decision-making and abuse of power compared to a multimember independent agency.“

The case is headed for another hearing on May 24th.


Credits: Flickr, CFPB, PHH.

During what was, at times, a contentious hearing, Republican lawmakers put pressure on Cordray and the CFPB, for what they see as a less than effective agency.

The CFPB was a latecomer in uncovering Wells Fargo’s fraudulent sales practices,” said Rep. Ann Wagner (R-MO).

Can you specify about when you prompted your staff to begin its investigation of Wells Fargo?”

Wagner also suggested that the CFPB was “asleep at the wheel” until press reports emerged on the scandal, which the Daily Business News covered here.

Lawmakers also press Cordray for his failure to reply to dozens of subpoena requests, including one tied to Ally Financial (ALLY) for discriminatory pricing in the lender’s auto loans, and for not certifying compliance with lawmakers’ requests.

I believe we have complied with all your subpoena requests,” Cordray told the committee.

Hensarling also pressed Cordray for answers on whether he was aware of the Federal Reserve’s Inspector General review of the agency’s handling of Congressional inquiries.

I don’t always know the inquiries that the IG is conducting,” said Cordray. “I’m not supposed to know all the inquiries that IG is conducting.


Impact for the Manufactured Housing Industry


Credit: Wikipedia, CFPB, HubPages.

While the CFPB had the support of the Obama Administration, the Trump Administration has had the organization in its crosshairs since the election.

Those in the industry have not been shy about their feelings on the matter.

The information on this case also has indirect ramifications for the Manufactured Housing Institute (MHI), and others in the industry, as the Preserving Access bill is being floated, which would modify portions of Dodd-Frank.

For more on what the Preserving Access bill means for the industry, check out the latest article on The Masthead.

For more on the CFPB’s impact on the manufactured housing industry, click here. ##


(Image credits are as shown above.)



RC Williams, for Daily Business News, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.

Do Potential HUD Program Cuts Mean Opportunity for Manufactured Housing?

April 5th, 2017 Comments off

DoPotentialHUDProgramCutsMeanOpportunityforManufacturedHousing-postedtothedailybusinessnewsmhpronewsmhlivingnewsAs the Trump Administration continues to move forward with making government more efficient, a number of proposed cuts, including funding to National Public Radio (NPR) and the Corporation for Public Broadcasting (CPB), a very clear message is being sent: Serve the public interest in an efficient, businesslike and honest manner.

Interestingly, an area that could be potentially impacted is one that’s of great interest to the manufactured housing industry: the U.S. Department of Housing and Urban Development (HUD).

And, that impact could be significant.

The full story is on MHLivingNews, linked here. ##


(Image credits are as shown above.)



RC Williams, for Daily Business News, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews

City Residents Make Unexpected Moves – Opportunity for MH?

March 31st, 2017 Comments off

Credit: Forbes.

New data shows an interesting trend – popular cities like New York, Los Angeles, and Washington D.C., normally destinations for living, are actually losing people in mass.

According to a study by Bloomberg, in the 100 most populous U.S. metros, the New York City area ranked 2nd, losing about a net 163,000 residents, Honolulu came in fourth, and Los Angeles came in at 14th.

These areas also have the distinction of having some of the highest inflows of people coming in from outside the country, which has a net result showing a steadily growing population, despite people leaving.

I have an idea of what’s going on here,” said Michael Stoll, a professor of public policy and urban planning at the University of California Los Angeles.

Soaring home prices are pushing local residents out and scaring away potential new ones from other parts of the country.

And, when those people leave, most often those who move in from abroad fill vacant low skilled jobs. How? Stoll has an idea about that as well.

They are able to do so by living in ‘creative housing arrangements,’” said Stoll.

They pack six to eight individuals, or two to four families, into one apartment or home. It’s an arrangement that most Americans just aren’t willing to pursue, and even many immigrants decide it’s not for them as time goes by.”

High skilled foreign workers coming into the country, specifically in the technology industry, they earn enough to live in high cost areas.

They are compensated appropriately and can afford to live in these high-cost areas, just like Americans who hold similar positions,” said Stoll.

One example is Washington, D.C., which had a lot of people from abroad arriving to soak up jobs in the growing tech-hub.


Credit: Bloomberg.

Rust belt cities like Cleveland, Dayton and Toledo, didn’t fare so well.

Even though the cost of living is low, the cities did not get the same influx of people that the other major cities did, which potentially shows that locals were leaving for lack of jobs.

This is part of a multiple-decade trend of the U.S. population moving away from these manufacturing hubs to areas in the Sun Belt and the Pacific Northwest,” said Stoll.

Retiring baby boomers are also leaving the Northeast and migrating to more affordable places with better climates.


Opportunity for Manufactured Housing?

Credit: Yahoo.

Many of those retirees have chosen a familiar location.

According to the Census Bureau, The Villages, Florida, was the nation’s fastest-growing metro area for the fourth year in a row, with a 4.3 percent population increase between 2015 and 2016.” The Villages includes a significant amount of manufactured home communities.

The Daily Business NewsMHProNews and MHLivingNews have covered the case for manufactured housing as a viable solution to hope for the American Dream of home ownership at a reasonable price extensively, including Bloomberg making a statement to the same effect.

The myths, and the facts surrounding manufactured housing abound. To learn more, including why manufactured housing is the solution hiding in plain sight for many to achieve the American Dream, click here. ##


(Image credits are as shown above.)



RC Williams, for Daily Business News, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.