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Key Clayton/MHI/BO Bets Spanked, First Look at Winners & Losers

November 7th, 2018 No comments

 

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There’s work to do.

 

There are still undecided midterm races.  Some may be headed to possible recounts, or an upcoming special election.

First, we will look at the facts, then we will take a glance at what this could mean for manufactured housing (MH) and the industry’s investors.

 

HouseOfRep2018MidtermsABCGoDailyBusinessNEwsMHproNews

While details are still outstanding, the broad brushes are now known.

  • Democrats picked up enough seats to take control of the U.S. House of Representatives, but not as many as the GOP waves during the Clinton or Obama administration midterms.
  • The Republicans or GOP (Grand Old Party) have increased their hold on the U.S. Senate.
  • Democrats won some hard fought gubernatorial races, and will have a net gain in state houses, but Dems also lost some high-profile states.

It’s a mixed bag, with plenty of data to unpack for weeks or even months by political experts and analysts.

Some interesting and troubling factoids include, but are not limited to:

  • Former president Barack Obama campaigned in places like Florida, Indiana, Ohio, Georgia, Nevada, California, Illinois, and Pennsylvania.
  • The Netflix-contract beneficiaries -Barack and Michelle Obama’s will earn millions from Netflix millions for years – had results that were decidedly mixed.

Mr. Obama campaigned for Democrats like:

  • Mayor Andrew Gillum, who conceded his race to now Governor-Elect, Ron DeSantis.
  • Stacey Abrams, in Georgia – a higher volume MH state – had stars like Oprah Winfrey came for her too. Abrams has yet to concede the gubernatorial race as this is being written, but trails.
  • Former CFPB director Richard Cordray went down in Ohio to a relative unknown POTUS Trump backed Republican for the governor to replace never-Trump Kasich.
  • Former president Obama embraced Senator Joe Donnelly (IN-D), who lost to relative unknown Mike Braun, who was strongly backed by President Donald J. Trump.
  • Bottom line, in several battle ground (tossup) states, key candidates the 44th president campaigned for, lost. In some states that are strongly Democratic, or are tilting more blue, candidates Mr. Obama backed won.
  • It has to be said that some of Mr. Obama’s campaign events were small to tiny compared to those of President Trump. That has to be a point of concern for Democratic strategists, and by contrast is a bright spot for POTUS Trump, who is his party’s single biggest draw.
  • Some polling was clearly off, while others performed better.

President Donald J. Trump expanded his lead by several seats in the Senate.  These were also other victories in key states he personally campaigned in.

USSenate2018MidtermsABCGoDailyBusinessNEwsMHproNews

For example, in Florida, Ron DeSantis is the Governor-elect there. In the primaries, POTUS Trump backed DeSantis over popular Adam Putnam. That bet paid off.

In states like Indiana, Missouri, North Dakota, Tennessee and Texas, GOP candidates that faced huge fundraising disadvantages that Democratic billionaires wanted, the D’s fell short.  That includes Beto O’Rourke (D) in Texas, which was highlighted for months by the left-of-center media. O’Rourke could still end up as part of a packed field for 2020 among Democratic presidential hopefuls.

GovernorsRaces2018MidtermsABCGoDailyBusinessNEwsMHproNews

By the way, the political race across the board for 2020 is underway.

 

Spanked! Clayton/Buffett/MHI/Billionaires Beaten in Other Key Races

The Clayton-MHI and Buffett-Billionaire Democratic donor class bet on unseating:

  • Andy Barr in KY 6, they lost in a race that President Donald Trump personally campaigned for in the midterm run-up.
  • Now Senator-Elect Marsha Blackburn, who was opposed by the Claytons, even though she and Barr had both carried water for them and MHI in Congress for Preserving Access to Manufactured Housing.
  • Joe Donnelly (IN-D), who was a long-time beneficiary of MHI and their allies largess.

There are several candidates that MHI backed candidates, like Secretary Hillary Clinton’s VP, Tim Kaine, that won. But he won in a reliably blue district.

Perhaps among the more important reveals in this past few months, thanks to MHProNews fact-checks and “Follow the Money” Research is this. MHI, the Clayton’s, Warren Buffett and his fellow Democratic billionaires have been exposed for their arguably duplicitous behavior.

Was Manufactured Housing Advocate Congressman Andy Barr Backstabbed?

 

For examples, see the links above and below.

 

“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

 

Keep in mind, ex-and current MHI members or former Clayton team members have said to MHProNews that this kind of behavior isn’t just reserved for politics.  As but one example, ICYMI or need a refresher, is the example below.

 

Expose! Why Has Warren Buffett/BH Funded Anti-MHC Activists, MHAction? Why Fund Attacks on ELS, Frank Rolfe, Blackstone Group?

 

Some Other Midterm Issues of Interest to MHVille

Some ballot propositions that bear some closer looks for the future are:

  • Prop 10 in California goes down.
  • Prop 4 in FL giving former felons the vote passed.

Another interesting factoid is this. In West Virginia, Joe Manchin (D) vote for Brett Kavanaugh for the Supreme Court, and held his seat. Several battleground state Democrats in the Senate who voted against Kavanaugh, lost.

Representative Mia Love, a conservative Black Republican in conservative stronghold Utah is undecided.  She trails her Democratic challenger, Ben McAdams, that may take days to sort out, per the Salt Lake City Tribune.

Another wildcard?  Mitt Romney, who blasted President Trump during the 2016 campaign, publicly made up as he was considered for Secretary of State by then President-Elect Trump won his race in UT.  Will he be the next John McCain/Jeff Flake Republican? Time will tell.

An estimated 113 million voted, per ABC News.  But only some 13 percent of 18 to 39 year olds voted. That often-played card – that the youth vote would pour out this time – was once more elusive, a drag more on the Democrats who court that block.

We surfed between Fox, CNN, and MSNBC last night.  CNN talking heads, for example, admitted that this was not a “blue wave,” though they were clearly thrilled at the victories in the House.

There were states where far left candidates won, like Vermont or Maryland, but so did GOP gubernatorial candidates in those same states. Interesting? You bet.

 

Overall, It’s a Mixed Bag, With Possible Silver Linings

What is certain is that the Team Trump, with far fewer dollars than the Democrats, stopped those who claimed that the Senate would be lost, where the GOP picked up seats.  From the perspective of the Oval Office, if you must have a divided Congress, holding the Senate was the more important win for the Trump Agenda.  POTUS Trump can now more easily get his nominees for the courts and his cabinet.

An underreported point among almost all media is that several of the Democrats positioned themselves as moderates, or even embracing some of the Trump agenda. That’s arguably a ruse, but it worked for some candidates, while it failed for others.  For example, outgoing Senator Claire McCaskill (MO-D) literally called some of her fellow candidates “those crazy Democrats,” while saying she would support the president on border issues.

It ended up pretty-close to what MHProNews projected, with the GOP Senate lead expanding.  It appears as of this time that 9 of the 11 candidates that President Trump campaigned for in the last week before the midterms saw the GOP candidate win. That’s a history-bucking trend.

 

Lee Carter’s Insights 

We will look in the days ahead at Lee Carter’s insights on the how differently Democrats, Republicans and Independents can “hear” exactly the same thing.  This played a role in the midterms, indeed, in every election for some years.

But it is also an insight for manufactured housing professionals.  Those are among the reasons we will look at that, because it one of the keys to better understanding how more votes – and more customers – can be obtained.

Enough for now to say that messages have to be crafted that break-through the noise that opposition or years of misinformation.

 

Wins and Losses, Lessons and Initial Look Ahead

Each side has interesting or troubling victories and losses. Some quick takes are as follows, each of which has significant meaning for manufactured housing industry professionals. We’ll bullet these for now.

 

  • Education can work. Those who followed the Trump Rallies should know they were informative for those who attended and tuned in. He also kept them interesting, often using humor, and kept the crowds engaged.
  • Track records are helpful, but are sadly not bullet proof.
  • President Trump does have coattails, but there are limits.
  • The lack of full unity among the GOP cost some seats that may have been won or held. While there are exceptions, some losses in Congress were by lukewarm Trump supporters.  For example, it is questionable if Ted Cruz would have won absent the 45th President’s support.  Why in still red Texas?  One read is that Cruz’s track record with POTUS Trump was problematic.
  • Money, deception, lies, and propaganda can work, but they are not omnipotent. This bullet deserves several stars by it.
  • That facts and education can still defeat propaganda and money, and are hopeful signs.

 

What MHProNews spotlighted for months was that freebies still hold appeal to tens of millions of voters. Some openly socialist candidates won, while others lost.  Some who backed single-payer healthcare or what some dub “Medicare for all” – socialized medicine – worked often enough for Democrats to expect that to continue to be a theme for their party.

 

Thomas Sowell, Ph.D. Economist, Thinker,

Collage credit, Wikipedia and MHProNews.com.

 

Education has to be ongoing. Otherwise, endless propaganda, billionaires and big money can win out.  Another takeaway was the relevance of the related report, linked further below.

 

 

The Upcoming Lame Duck Session?

What will be something important to watch is what happens in the lame duck session, before the new Congress is seated.  Can President Trump get any legislation he wants through during the next few weeks?  While recent history would suggest that is a challenge, the president is a fighter. Stay tuned.

 

 

What Lies Ahead for America, and MHVille?

As this is being written, markets are up.  A split Congress means that Democrats can’t impeach the president, thought several of their candidates promised to make his life miserable for the next two years. Hearings of all kinds could follow in the House.  Will it slow or stop the America First agenda?

Will there be any bipartisanship on issues like infrastructure?

What will happen on hot topics like the FHFA and the GSEs? This is an issue that will impact MHVille, see the related report, linked below.

 

Conflict of Interests? MHI’s, MHARR’s Most Recent Statements on Controversial GSE Lending, House Financial Services Committee Chairman Weighs In

 

There are several items we will be unpacking in the days ahead.  For example, it is an open question as to the impact of hundreds of billions of investing dollars that were flowing into the U.S. this year as a result of the Trump tax cuts and regulation agenda.  Democrats can’t undo that agenda, those laws are in place and are, for now, safe.  But are they threatened in the foreseeable future?

Markets and investors will be sorting that out, as they look at the tea-leaves.

The Trump-Republican economic platform has been performing.  That message didn’t entirely break through. And therein lies a challenge for manufactured housing and the nation.

The rule of law was essentially on the ballot. The rule of law, arguably benefits our industry, while a lack of it harms it. Socialist ideals, picking and choosing which laws and private property rights are enforced all matter to MHVille professionals.

It is also misinformation that lies at the heart of several of the victories for Democrats. It is misinformation, Capital/lending manipulation, and failure to enforce existing laws that have harmed manufactured housing.

POTUS’ tweets post-election are a riot.  For those who lack a sense of humor, don’t bother looking, but he’s clearly just begun to fight.

We put our boots back on this morning, because the split-decision lays a potential framework for future victories.

We’ll examine some note of those opportunities for the industry, as we continue to unpack this midterm in the days ahead. Of course, that will come along with our continuing industry-leading coverage of other  issues and news that impact manufactured housing.

The president will address the nation shortly. 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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Following Facts, Money – Sam Zell, Warren Buffett, Tim Williams/21st Mortgage, and Manufactured Housing

 

 

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

October 12th, 2018 Comments off

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People can spin, but the unvarnished facts don’t lie.

 

The facts about the headline will be revealed further below, as we tee up this timely topic.  Follow the money.  Follow the facts. What the money trail and facts reveal may surprise you, and/or your colleagues.

 

Affordable Housing Is Non-Partisan

In recent reports, as for previous years, MHProNews has made it clear that manufactured homes – affordable housing – is a non-partisan issue.

There have been several times when leaders from the pre-HUD Code mobile home industry, and the post-HUD Code manufactured housing industry came together with members of both major parties to get important legislation done.

That kind of bipartisan or nonpartisan engagement is how ‘mobile homes’ morphed through federal standards into HUD Code manufactured housing. That effort was signed into law by President Gerald R. Ford (GOP-R).  ICYMI, or want a refresher, you can see the related report, linked below.

 

U.S. President Praised “The Mobile Home Industry,” Manufactured Homes are “Here to Stay”

 

Prior to POTUS Ford, President Richard M. Nixon promoted federally backed loans for mobile homes, in the pre-HUD Code home era.  Again, as a refresher or ICYMI, see that report, shown below.

Help Others “Get It” – Loans on “Mobile Homes” Promoted by Another U.S. President

 

The first full year of the HUD Code took place during President Jimmy Carter’s (D) administration (1977).  Carter’s brother Bill filled some higher profile roles for companies he served a few years later in manufactured housing.

U.S. Presidents Carter, Nixon, and Ford Connections to Mobile Homes and Manufactured Housing

MHProNews has lead-the-way in factory-built housing spotlighting reality, be it highly partisan divides, or bipartisanship by a wide margin.

 

Who Says Bipartisanship is Dead? House Passes Massive “JOBS & Investor Confidence Act” S 488 by 406 to 4 Vote

We strive to cite sources across the left-right media divide, and let reality speak.

Affordable Housing, Manufactured Homes, Bipartisanship, Bill, Newt, Sexual Scandals, and You

 

Having Established the Factual Track Record…

That said, it’s important for the manufactured housing industry’s professionals to understand what’s happened in America until-2000 and what’s happened since 2001 are strikingly different experiences.

While there is still bipartisanship, such as S 2155, there was arguable neglect of good laws on the books laws since 2000 under both Democrats and Republicans. But much of the more serious harm done to manufactured housing occurred during the POTUS Barack H. Obama Administration era.  The importance of reports like the one below paint a picture that investors and long-term professionals should grasp.  Because government action or inaction impacts your business day-by-day.

Nathan Smith, SSK Communities, From Mobile Home Resident to Manufactured Home Communities Owner, & Manufactured Housing Institute Leader

 

Heavy regulation – coupled with purported capital manipulation – during the Obama years were debatably part of what drove thousands of businesses out of business.  There is a stark contrast between the prior 8 years under former President Obama, and the first 21 months of the POTUS Donald J. Trump Administration.

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

 

While MHI understandably wants to work with both sides of the political aisle, they have also to admit that their own former government relations vice president publicly said in an exclusive to MHProNews that there was essentially no chance for Preserving Access to Manufactured Housing Act pass with Mr. Obama in the White House. Then why were millions spent by MHI, focusing on an issue – Preserving Access – that their own GR VP said had no chance?

2012 Election Results and Coming Lame Duck Session

 

Why Is MHI Backing Prominent Anti-Trump Candidates in Some Key Races?

According to Open Secrets, there is evidence that MHI has been supporting key Democratic candidates in tight races over Republican ones.

ManufacturedHousingInstituteLgooMHILogoOpenSecretsLogoLobbying1.3MillionDailiyBusinessNewsMHProNewsDailyBusinessNewsMHProNewsLogo

For example, some of those supported candidates are in key races for control of the U.S. Senate.

They include, but may not be limited to:

  • Sherrod Brown – (OH-D)
  • Joe Donnelly – (IN-D)
  • Kyrsten Sinema, (AZ-D) and
  • Jon Tester (MT-D)

ManufacturedHousingInstiutelogoMHILogoMHIPACKystenSinemaContribution$7500DemocraticSocialistMHProNews

Can MHI explain the logic of MHI PAC money payments to Maxine Waters?

MaxineWatersManufacturedHousingInstituteMHIPACContributionsClaytonHomesOpenMarketsAustinFrerickTweet

Or where was the logic in MHI PAC giving a “top contributor member” – per Open Secrets – to Barney Frank, co-author of the bill Dodd-Frank, that arguably harmed many industry members, and consumers?

ManufacturedHousingInstituteMHILogoOpenSecretsLogoBarneyFrankTopContribitorManufacturedHousingInstitutePAClogo

There is much more, but those should drive home this point. Where was or is the logic of the MHI PAC giving big contributions to those who oppose the interests of small to mid-sized manufactured housing industry companies? How does cutting off market-place options, or killing jobs, help consumers and taxpayers?

 

MHI and Elizabeth Warren

MHI may be tipping their Berkshire Hathaway hand once more, but putting out a message to their members last week, apparently promoting a program by Senator Elizabeth Warren (MA-D).  Warren was a strong supporter of the creation and protection of the Consumer Financial Protection Bureau (CFPB) and Dodd-Frank.

Facts & Analysis – Senator Elizabeth Warren re: Manufactured Housing Institute Memo to MHI Members, 10-3-2018

By Contrast, while MHI members were being treated in 2016 to two paid pro-Clinton speakers at their Chicago event, just days before the election, MHProNews worked over-time in 2016 to promote the election of a pro-growth, pro-jobs, pro-business president.

PhotoCollageElizabethWarrenHillaryClintonBarackObamaWarrenBuffettDailyBusinessNewsMHProNews

Warren Buffett, and several of his mega-billionaire friends are open supporters of Democrats like Elizabeth Warren (MA-D), Sec Hillary Clinton (D), and former President Barack H. Obama (D). While some obviously will be happy about this, there are thousands of small to mid sized manufactured housing professionals who would find it objectionable to understand the purported ties between MHI, Berkshire Hathaway, and the regulations that have hobbled the industry.

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.

The Masthead features an analysis of what’s happening in the run-up to the midterms, which are now only 4 weeks out.

Truth, Trump, Tragedy, Triumph, Affordable Housing, and Manufactured Homes

Four states, says MSNBC,  already have early voting underway.

With other forms of robotic, 3D printing, and other kinds of imported factory-built housing emerging, HUD Code manufactured housing professionals need to be thinking strategically in their votes for the midterm.  The polling shows that several races in the Senate are now tilting Republican. But the House is still considered a toss-up.

Turnout will decide, as it always does.  Trump supporters shocked the world in 2016.  Will they do so again in 2020? Will the de facto endorsement of people like Kanye West continue to move more minority voters into the Trump camp?

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

Every race is about not just money, but in the end, about votes.

Democrats have more money, as MHProNews has previously documented.  Democrats have more money because they have more and richer billionaire backers, including Warren Buffett and his buddy Bill Gates.

But voting for pro-Trump candidates is how the continuation of regulatory rollback and tax-cuts made permeant can take place.  It’s what organizations like the NFIB is working for with their manufactured housing, and 325,000 other small business members.  Do your home-work, help inform others, and vote. ICYMI, or need a refresher, check out the related reports, further below.

 

Non-Partisan MHARR

By contrast, MHARR is non-partisan.  They have no PAC.  But they have repeatedly supported the pro-growth, Trump agenda. A year ago, they gave the industry this heads up in this video interview.

 

Check out MHARR’s latest call to remove the barriers that harm our industry. 

MHARR Calls on HUD To Remove Zoning, Placement and Consumer Financing Barriers to Manufactured Homes

Editorially, MHProNews has formally supported the Trump pro-growth agenda since the spring of 2016.  MHProNews believes in working towards reforms that reduce the regulatory barriers and market manipulations that have harmed the small to mid-sized companies of our industry, that limits choices by consumers, and thus harms the nation.

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

 

Manufactured Housing Institute (MHI) Asks Industry Members to Ask Senators to Support S 2155, Behind the Scenes Details

March 6th, 2018 Comments off

MHICallsForS2155SupportBehindTheScenesDetailsManufacturedHousingInstituteClaytonHomes21stMortgageVanderbiltMortageLogosDailyBusinessNewsMHProNews

In a ‘housing alert’ email to association members, the Manufactured Housing Institute (MHI) urged the industry’s professionals to contact their senators and ask them to vote “Yes” on S. 2155.

 

Passage of this language will ensure that manufactured housing retailers and sellers are not subject to compliance requirements clearly designed to apply only to the actual entity making the mortgage loan,” read part of the association’s message.

GovTrack tells the Daily Business News that the odds of passage, as of this morning, stands at 42 percent.

That’s better than what Skopos Labs believes the odds are for passage of Preserving Access to Manufactured Housing Act, which as of this morning were just 26 percent.

 

Like Getting Half of Preserving Access…

S 2155 has much more to it than MH Industry issues.

Lesli_M_Gooch__MHI_senior_vice_president_forgovernment_affairs

Lesli Gooch. Credit: MHI.

That said, the language that is Mortgage Loan Originator (MLO) rule related is akin to half of what Preserving Access bill purportedly hopes to accomplish.  Namely, the repeal of the MLO rule from CFPB regulations.  That is mildly similar to what MHI SVP Lesli Gooch has said is their strategy to move the bill ahead by whatever is moving on Capitol Hill.

 

 

Left and Right…

Doug Ryan at Prosperity Now (formerly CFED) opposes the bill, saying to the IndyStar that “This [provision for manufactured housing in the bill] will hamper new lenders from getting in.”

Some moderate Democrats, such as Indiana Senator Joe Donnelly, are likely to vote for the S 2155 bill.  Meanwhile Senators like Elizabeth Warren (D-MA) and Sherrod Brown (D-OH) are opposed to it.

Progressive media, such as The Young Turks (TYT) scorched S 2155 backers, MHI, and Warren Buffett.

For example, “One of the bill’s chief architects, Sen. Heidi Heitkamp (D-N.D.), and her husband have nearly $1 million invested in two of the bill’s biggest winners, J.P. Morgan Chase and Berkshire Hathaway, according to a 2016 financial disclosure document reviewed by TYT Investigates.

Heitkamp and her spouse collectively own between $100,001 and $250,000 of corporate securities stock in J.P. Morgan, as well as an additional up to $45,000 in a J.P. Morgan fund. Heitkamp alone owns between $215,000 and $550,000 worth of Berkshire Hathaway stock, and including joint investments, she and her husband have up to $600,000 invested in the company. Together, the Heitkamps could have up to $895,000 invested in the two firms.

For the senator, whose net worth was roughly $4.5 million in 2015, according to an estimate by the Center for Responsive Politics, these J.P. Morgan and Berkshire Hathaway investments potentially account for a substantial portion of her assets.”

Ouch.

 

Positives in the S 2155 Bill, PLUS Behind the Scenes Analysis

For those who favor free markets and more moderated regulations, the bill on the surface is just fine.

The bill would indeed be good news for thousands working in manufactured housing, if it is passed into law, because it makes communications for front-line sales people with prospective buyers.  In those ways, MHProNews and MHLivingNews demonstrably favored passage of Preserving Access, of which this bill has one of its two provisions.

But is that the key issue?

As MHProNews has previously reported, sources say there is a kind of hypocrisy in the Arlington, VA based association’s manufactured housing advocacy, as the linked and below reveal.  Plus both sides are playing politics on this issue, playing to their respective audiences.

MHI – and the powers that be behind them – are demonstrably being hypocritical, as sources inside and outside of MHI have told MHProNews – as recently as today – because MHI could have made a deal like this without Congress, by agreement with the non-profits in a deal with the CFPB’s then Director, Richard Cordray.

See the email below as one of several possible pieces of evidence.

IshbelDickensPhotoNationalManufacturedHomeOwnersAssocNMHOALogoDailyBuisnessNewsMHproNews

 

Furthermore, MHI knew in 2012 that they were not going to be able to get past President Obama’s threatened veto of Preserving Access, even if the Senate had voted for it (the House has passed it repeatedly, but the Senate never has).

See former MHI VP Jason Boehlert’s statement, and full report, linked below. These can be called ‘allegations.’  But doesn’t the clear evidence support those claims?  And why won’t MHI defend or explain any of this, when they are often given the opportunity?

2012 Election Results and Coming Lame Duck Session

Sources say that “consumer groups” are now opposing the option they had previously offered, in part as a possible negotiating point.

Depending on which source and their claim(s) you listen to, MHI and their overlords are:

  • Inept, since they could have made this deal years ago, and saved millions of dollars in lobbying and costs,
  • Arrogant, for not making a deal, that MHI insiders tell MHProNews was on the table,
  • Playing a shell game, because a few big companies benefit from NOT passing any bill, and they would benefit if the bill passes too. For a select few, either one is ‘win-win.’
  • Deceptive to the small to mid-sized businesses that are the most harmed by this, which has per sources led to more companies that have sold out for less than their true value in a normal business climate, or were forced out of business entirely.
  • Harming many consumers, who really do need honest guidance.

What’s particularly interesting is that Nathan Smith, MHI’s prior chairman, admitted on camera that the association had a history of missed opportunities.  Has that history changed since he made that statement?

Per sources to the Daily Business News about this MHI plan, you can therefore call these maneuvers posturing, a con, hypocrisy, stupidity, arrogance, or any of the other claims and allegations noted herein or in the linked reports.

Whatever you or those sources believe, the end result for thousands of independents is the same.

Independents have been, and are being harmed, when MHI could have made this same deal years ago.

Who will hold MHI and their string-pullers accountable?

 

And just days ago, MHProNews confirmed with sources at the CFPB that no known meeting has taken place, nor had been scheduled there.  Why not, if they were serious about making these reforms to Dodd-Frank happen?

 

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

 

  • No wonder some states have quit MHI,

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

  • Even retired Ross Kinzler – who said in an email to the Daily Business News that he’s doing work for MHEI, an arm of MHI – won’t defend MHI’s legislative agenda,

 

‘Over Target’ Reactions, WHA Exec (ret) Ross Kinzler, Won’t Defend MHI Policies & Points to Prior MHI Failure

 

And businesses have reportedly quit MHI too; blogger and NCC co-founder George Allen says he is among them.

 

On paper, the S 2155 bill is worth supporting for many in the industry.  But who will hold MHI and the forces that control them to account for years of harm already done to the industry and untold thousands of more potential home owners every year?

21stMortgageCorpLetterToRetailersClaytonHomesBerkshireHathawayDailyBusinessNewsManufacturedHousingIndustryMHProNews

Part of a memo from 21st Mortgage to their retailers, click the below report for details on this sad chapter in the industry’s history, that arguably led to hundreds of independent businesses, out of business.

Killing Off 100s of Independent Manufactured Home Retailers, Production Companies – Tim Williams/21st Mortgage “Smoking Gun” Document 2

 

Its Easy Being a Cheer Leader, Not as Much Fun to Tell Bad News…

…but how can independents plan and execute, if ‘their’ national association has hidden agendas?

MHProNews gets a volume of calls and messages about such reports – cheers to jeers. We’ve made our mea culpa for being misled ourselves, but once an error is discovered, the best option left is to correct it and then avoid it next time.

But for the sake of independent businesses, someone has to be willing to stand up and speak truth to the industry’s powers, as that truth is known and reported by reliable sources, including those who are or were in MHI.

GusRodriguezTejasHomesConroeTXIndustryVoicesDailyBusinessNewsMHProNews

If we’re mistaken, please – MHI, show us where and how?

Oh, that’s right, your own paid MHI staff leaders won’t publicly defend the official agenda either, will you?

 

RickRobinsonManufacturedHousingInstituteMHIDailyBuisnessNewsMHProNews

OhWhatATangleWebWeWeaveWhenFirstWePracticeToDecieveSirWalterScottMarmionManufacturedHousingInstituteLogoMHIMonopolisticHousingInstitute

FoolMeOnceShameOnYouFoolMeTwiceShameOnMeRandal;TerryBrainyQuoteDailyBusinessNewsMHProNews575

We thank the various industry sources that make these and other such behind-the-scenes reports possible. “We Provide, You Decide.” ## (News, announcements, analysis, commentary.)

Finance Related:

Besides Preserving Access, there are the maneuvers that have taken place for years on the important Duty to Serve (DTS) issue.  Thankfully, the Washington, D.C. based trade group – as opposed to Arlington based MHI – has their eyes on the problematic issues emerging behind the curtain on that topic.

Plot Twist – Duty to Serve – Freddie Mac CEO Layton Called to Accountability w/Congressional, Administration Leaders Over New Manufactured Home Lending Revelations

Progressive “Nation” Reports on Monopolies Cites Buffett, Clayton, Others – MH Industry Impact?

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

ThereAreOnly2WaysToLearnOwnOthersExperiencesLATonyKovachManufacturedHousingIndustryMHProNews-575x235By L. A. “Tony” Kovach,
award-winning consulting, publisher, web, video, recruiting, sales training, business development service provider.

MHLivingNews.com | MHProNews.com | Office 863-213-4090 |

Connect on LinkedIn:
http://www.linkedin.com/in/latonykovach

 

Congressional Testimony Negates Sensationalized Charges of Predatory Lending

June 11th, 2016 Comments off


IDontThinkThereWasEverMuchHighCostLendingInTheManufacturedHousingMarket-stillcreditCSPAN2--RichardCordrayCFPBdirector-Posted-MHLivingNews-com-With all the negative publicity swirling around alleged predatory lending for purchasers of manufactured homes by the Seattle Times, National Public Radio and BuzzFeed within the last year, it’s time the media paid attention to congressional testimony that refutes these notions, according to L. A. “Tony” Kovach, publisher of MHLivingNews and MHProNews.

The Dodd-Frank Act that was supposed to protect people of modest means has had the opposite effect, hindering buyers, sellers and lenders in the affordable housing market.

Director of the Consumer Financial Protection Bureau (CFPB) Richard Cordray explained to a Senate committee why, percentage-wise, it is more expensive to originate and service conventional housing and manufactured home loans under $100,000, its just business math. He also said “there never was much high-cost lending” on MH, thus refuting news stories that accuse the industry of predatory lending.

During a hearing last spring Sen. Bob Corker (R-TN) tells Director Cordray that some of the regulations prevent homeownership, and in some cases it costs more to rent than to buy a home. Cordray responds, “this isn’t optimal for anyone.” Sen. Joe Donnelly (D-IN) spoke extensively about CFPB’s regulations that hamper MH sales.

A separate video linked in the MHLivingNews story documents how Don Glisson Jr., an MH lender who is chairman and CEO of Triad Financial Services, sheding light on this same topic.  Glisson explains on camera that without federal subsidies and with no taxpayer risk, chattel loans are made at the lender’s risk—without a secondary market, the lender has to hold the loan. If other lenders could charge less and still make a profit, they would quickly move in. That they don’t indicates MH lending is some fat profit and is clearly not predatory.

So both industry professionals and Cordray agree that MH lending isn’t predatory.  Then why has some in the mainstream media tried to paint a different picture?

A report from a 2014 Government Accountability Office (GAO) reveals that even with two-thirds of manufactured home loans at slightly higher rates, the payments on MH are often significantly lower than rent or other housing options.

Kovach says: “With the affordable housing crisis growing, there is an urgent need for fresh, accurate reporting that shines a light on the unfortunate consequences of federal rules that were well intended, but instead hurt the very people they were meant to help.”

Despite these barriers to affordable housing, MHProNews understands the sale of new manufactured homes is up 20 percent over last year’s total. Imagine how production might be if the barriers came down.

For additional reports and links to this information, please click. ##

(Photo credit: MHLivingNews Inside MH video, still from CSPAN2, graphic text, credit – MHLivingNews.)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J Silver to Daily Business News-MHProNews.

Senators Donnelly, Coats Support new HUD Rule

February 13th, 2016 Comments off

HUD logoFollowing a story MHProNews posted Feb. 8, 2016 regarding the exemption of recreational vehicles (RVs) from the Department of Housing and Urban Development’s (HUD) definition of manufactured housing (MH), proposed new rules would not exempt RVs that are used as a primary residence or for permanent occupancy.

According to realestaterama, U. S. Senators Joe Donnelly (D-IN) and Dan Coats (R-IN) support HUD’s proposed rule that would more clearly separate the line between MHs and RVs. Noting HUD’s RV regulations go back to 1982, Sen. Coats said, “Since that time, the industry has made dramatic improvements to its vehicles. An update to these regulations has been long overdue, and HUD has taken a positive step forward by proposing a new rule. I will continue to work on behalf of Indiana’s vibrant RV industry to ensure regulations reflect the dynamic nature of the field.”

The two senators have been working on a bipartisan basis since 2014 in an attempt to urge HUD to update the definition. Ron Breymier, Executive Director for the Indiana Manufactured Housing Association – RV Indiana Council (IMHA-RVIC) said, “Our Indiana Association is very pleased with HUD’s proposed rule clarifying the distinction between park model RVs and manufactured homes. Although national in scope, in Indiana the clarification will be helpful to county officials in guiding them on the proper assessment and taxation of these two distinct and important products.” ##

(Image credit: U. S. Department. of Housing and Urban Development)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

Sunday Morning Recap-Manufactured Housing Industry News-July 12-July 19, 2015

July 19th, 2015 Comments off


sunday-morning-weekly-manufactured-home-pro-news-recap-1-4-to-1-10-2015-mhpronews-com-What’s New in public focused Manufactured HomeLivingNews.com

Congressman Stephen Fincher is demanding Fairness for MH owners

Deer Valley CFO Steve Lawler Inside MH Video and Home Tour

Cancer Cures and Today’s MH

What’s New in Manufactured Housing Industry Professional News

The Manufactured Housing Association for Regulatory Reform’s (MHARR) Mark Weiss documents low complaints with HUD about MH. Joe Kelly of the Iowa Manufactured Housing Association, noting the new legal interpretations of “disparate impact,” asserts the importance of hiring specialized attorneys to review MHC leases and other legal documents. More news from Congressmen, communities, companies and a mystery ingredient in new Chinese modulars. And much, much more, all found linked from the headlines below.

Saturday, July 18

Encore Wire Gets Buy Rating from Zacks

Friday, July 17

Fire Starts in Wood Pile at Modular Homebuilder Keiser

Mystery Ingredient in 3D Printing Modular Home

Universal Forest Products adds to Gain; Most Manufactured Housing Stocks Quiet

Homebuilders Confidence Level Hits High Mark

Texas Manufactured Home Sales Slowed in April, and Preliminarily in May as Well

Thursday July 16

Patrick to Discuss Q2 Financials July 30; Gendell Sells More Stock

Supplier to Manufactured Home Market Reports Profit

Today’s Manufactured Homes – Amazingly Low Complaints, per Federal Report

Universal Forest Products Spikes while Skyline Gains over Four Percent

Virginia Manufactured Home Residents could see Substantial Drop in Utilities

Senate Bill 1711 Provides for TRID Hold-harmless Period

Wednesday, July 15

Manufactured Home Communities need Specialized Attorneys

Skyline Loses Gains from Yesterday; MHCV, Dow Slip

Modular Alabama Homebuilder Sold to C3 Design

Council Set to Deny Siting Request for three New Manufactured Homes

Vintage Tiny Home Living Nearly One Hundred Years Old

Tuesday, July 14

Multi-section Home Production Rose in May

Deer Valley Corp. Plummets; Skyline Corp. Rises; Dow Regains more Lost Ground

Vermont Land Lease Community to become Resident Owned

Rep. Fincher: CFPB Continues to Prevent Access to Manufactured Housing for Millions

Manufactured Home Community Hit with Multiple Violations

Monday, July 13

Huntsville City Council to Vote on Prohibiting Manufactured Homes from City

Patrick Industries Advances Smartly; Dow Regains more Lost Ground; MHCV Edges up

Buildable Lots Shortage Indicates continuing Tepid Housing Recovery

Manufactured Home Community Resident Complains of Water, Sewer Issues

Sunday, July 12

Last Sunday’s Weekly Headline Recap##

(Image credit: MHProNews)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

Preserving Access to Manufactured Housing Act Reintroduced in Senate

March 10th, 2015 Comments off

38_00004A bi-partisan group of U. S. senators have reintroduced the Preserving Access to Manufactured Housing Act so fewer manufactured home loans are classified as high cost. Senators Joe Manchin (D-W.VA), Joe Donnelly (D-IN), Pat Toomey (R-PA) and Tom Cotton (R-AR) filed the bill that will alter the thresholds under the Home Ownership and Equity Protection Act (HOEPA).

Currently, according to wtrf.com, if a transaction is under $50,000 and the home is considered personal property, the interest rate cannot exceed Average Prime Offer Rate (APOR) by 8.5 percent without being classified high-cost and subject to additional expenses. Under the proposal, the threshold would change to APOR+10 percent for transactions under $75,000.

Homeownership is an important goal for so many West Virginians and Americans,” Manchin said. “This bipartisan bill will help keep the American dream of owning a home alive by improving guidelines that have negatively impacted consumers’ ability to purchase a home.”

As MHProNews understands, guidelines issued under the Dodd-Frank Act classified many small-balance loans used to purchase manufactured homes as high-cost loans, increasing lender liabilities and hampering the purchase of affordable manufactured homes for many Americans. The bill matches a similar measure reintroduced under the same name in the U. S. House of Representatives, H. R. 650.

“The manufactured housing industry is an important role in homeownership options, which have unfortunately been constrained by excessive regulations by the CFPB,” Cotton said. “As we’ve seen, unintended consequences of these regulations have limited the housing and mortgaging choices of hard-working Americans in many rural areas.” ##

(Image credit: us.gov–historical U. S. Senate)

matthew-silver-daily-business-news-mhpronews-com   (Article submitted by Matthew J. Silver to Daily Business News-MHProNews.

MHARR, MHI and GSE Reform, Background to Danny Ghorbani’s release and George Allen’s Planned “Story”

March 18th, 2014 4 comments

mhpronews-mharr-mhi-associations-graphic-manufactured-home-marketing-sales-managementOn Sunday, March 16 at 4:47 PM ET, a news release was received from the Manufactured Housing Institute (MHI) on the topic of the highly-charged issue of a Government Sponsored Enterprise (GSE, “Fannie and Freddie”) reform plan.

Some 3 Hours and 43 minutes later, at 8:30 PM on the same day, the first message came in from the Manufactured Housing Association for Regulatory Reform (MHARR) on the same topic. MHI’s full release on the topic of GSE reform is linked here, while the link to MHARR’s full release on the topic is found here.

In his message, MHARR’s President, Danny Ghorbani, claimed their “…calculated risk by MHARR that has now…” quoting their headline …achieves major victory.

While most industry professionals who follow these events would agree that this is certainly promising for consumers and the industry, the GSE reform legislation has a long way to go before it is becomes law. This is a one step along a longer path, as Ghorbani’s own statement from MHARR later acknowledges.

That fact begs the question, what makes this a bigger success than HR 1779 or S 1828, both of which are well underway?

It also raises the question, what was the “calculated risk” that Ghorbani’s message refers to in his release? Where is the “risk” in MHARR sending a position paper to the Senate Banking Committee?

Could it be that the “risk” Ghorbani refers to is that MHARR has not publicly supporting HR 1779 and S 1828? Isn’t it risky for their member-manufacturers and customers to not cover all possible legislative and lobbying bases, as MHI’s team has been doing on the finance and other issues?

MHARR claims MHI had a Single Focus

MHARR CEO Ghorbani’s message included this paragraph,

At a time when much of the industry was pursuing a singular focus on unsuccessful legislative modifications to the loan originator compensation and high-cost loan provisions of the Dodd-Frank finance reform law — and was unwilling to join MHARR in an  initiative on the much farther-reaching issue of GSE reform — the MHARR Board of Directors chose to advance the inclusion of all types of manufactured home loans and definitive action to end the discrimination that has dogged the industry’s consumer financing for decades, as part of the GSE reform process in Congress.”

As the numerous items that follow below demonstrate, the first part of this statement cited above is demonstrably in error. Namely:

At a time when much of the industry was pursuing a singular focus on unsuccessful legislative modifications to the loan originator compensation and high-cost loan provisions of the Dodd-Frank finance reform law –…”

Furthermore, as this Congressional legislative session is not yet over, none of these efforts – GSE Reform or Dodd-Frank reform – can be called a failure or a success.

So why is there a need for MHARR’s CEO to paint MHI’s efforts as a ‘failure,’ when the GSE effort is not as far along as HR 1779 or S. 1828?

Some MHARR officials and allied industry commentator in the dark?

Messages and calls from MHARR members, those aligned with MHARR and others outside of that camp to MHProNews seem to be unaware – or in some cases, won’t acknowledge – the fact that MHI has demonstrably been engaged on this topic of GSE reform for years, along with a variety of other issues in Washington. DC. Some examples will be shown in a down-loadable attachment, later below.

Agenda of Making MHI look bad, as a way of Making Ghorbani and Allen look more important?

broadside-darius-danny-ghorbani-president-mharr-george-allen-allen-letter-community-i ... actured-housing-institute-manufactured-housing-association-for-regulatory-reformOn Monday, after allegedly communicating with Danny Ghorbani, President and CEO at MHARR, George Allen sent an email to Rick Robinson, Vice President and General Counsel at MHI.

Robinson forwarded that email to Senior Vice President Jason Boehlert for response.

Allegedly, this email exchange has been shared with Ghorbani, Jim Visser, Ken Rishel and others linked to MHI and MHARR; and seems to accuse MHI of grabbing credit for work done by MHARR.

While sensational, the problem with this accusation by Allen against MHI, is that it flies in the face of the facts. But doesn’t this fit Allen’s self-description on his own blog of his activities? The word Allen used about himself, “agitate” includes the following definition from Google: “1) make (someone) troubled or nervous.”

The Google definition of agitator, is also insightful:

1. a person who urges others to protest or rebel.

synonyms: troublemaker, rabble-rouser, agent provocateur, demagogue, incendiary;

The Facts Say Differently

While some in the mix seem to take the position, ‘Don’t confuse me with facts, my mind is made up,’ a simple Google search demonstrates to the truth seeker that MHI has issued numerous updates on their activities in the GSE Reform arena.

A search of the articles published in the MHI News module demonstrates the same, and for those who attended the 2014 MHI Winter Meeting and Legislative Session, a briefing was given to attendee/members that coveted all of MHI’s lobbying and legislative initiatives, including GSE reform.

Clearly, MHI’s engagement on the GSE issue is a matter of public record and is no secret.

As MHProNews has documented in a series of articles, linked at the end of this report, George Allen has in his own words:

  • describes himself as one who agitates,

  • has gone from opposing Danny Ghorbani and calling him a flawed writer and leader, to now lauding him as a leader others should follow. The difference between recent and prior statements by Allen on Ghorbani?   Is it the MHARR paid ad and factories who Allen himself says are now paying Allen?

  • Allen has blasted MHI off and on for some two years for not buying him out when Allen wanted to retire.

Don’t such flip flops, contradictions, slanted ‘coverage’ and motivations beg a reasonable person to question the motivations and accuracy of Allen’s commentaries?

The Emails Between Allen and MHI – “We Provide, You Decide” ©

The exchange below is in a first-to-last message time sequence. They are word-for-word as the respective parties sent them, save the removal of the ‘signature (contact/disclaimers/resource)’ info at the end of each email and what amounts to ads from each of the respective emails. The typos in George Allen’s emails are in the original. The first message, as shown below, is to Rick Robinson at MHI.

Start of George Allen to Jason Boehlert at MHI Email Exchange

From: <gfa7156@aol.com<mailto:gfa7156@aol.com>>

Date: March 16, 2014 at 5:43:35 PM EDT

To: <info@mfghome.org<mailto:info@mfghome.org>>

Cc: <rrobinson@mfghome.org<mailto:rrobinson@mfghome.org>>

Subject: Re: MHI Housing Alert –  Senate Banking Committee Leaders Unveil GSE

Reform Plan – MHI Successfully Stakes out Ground for Manufactured Housing and

Personal Property Loans

Rick

When did MHI switch its’ primary legislative focus from Dodd-Frank regulatory
reform to GSE Reform? Didn’t seem to be that much of a priority during the
annual Legislative Conference last month in Arlington, VA. Here quoting directly
from this afternoon’s HOUSING ALERT from MHI:


“MHI Successfully Stakes Out Ground for Manufactured Housing and Personal
Property Loans” and “As advocated for by MHI, the legislative draft released by
the Committee includes language that would provide manufaturd home loans secured
by personal property with key access to a newly envisioned secondary market
mechanism.”

As exciting and hopeful as this news is, I’m wondering whether we’re indeed
reading/learning of a pure MHI effort to this much desired result, OR is there
more to this now quickly unfolding story, i.e. Is there someone else more
intimatly involved ‘in the mix’ who is NOT getting credit, in this email alert,
for drafting the language and lobbying for this legislative draft?

Frankly, I sense a story here….

GFA

George Allen


—–Original Message—–

From: Jason Boehlert <jBoehlert@mfghome.org>

To: GFA7156 <GFA7156@aol.com>

Cc: Richard Jennison <rjennison@mfghome.org>; Rick Robinson <rrobinson@mfghome.org>

Sent: Mon, Mar 17, 2014 11:32 am

Subject: RE: MHI Housing Alert – Senate Banking Committee Leaders Unveil GSE

Reform Plan – MHI Successfully Stakes out Ground for Manufactured Housing and

Personal Property Loans

George,

Thank you very much for your email.  However, I am unclear what you mean by “Is
there someone else more intimatly(sic) involved ‘in the mix’ who is NOT getting
credit, in this email alert, for drafting the language and lobbying for this
legislative draft?” We do not comment on the activities or actions of other
national organizations—that is not our role. Nor do we believe it serves the
interests of the industry or our members to do so.


Since MHI represents every facet of the industry—including builders, community
owners, lenders, supplier, retailers—our policy priorities are reflective of the
totality of our membership.  Dodd-Frank is a priority.  As are housing
finance/GSE reform, energy efficiency, tax, HUD Code and environmental issues
and we would never focus on one issue so persistently that it would be to the
detriment of the others. I know you did not attend, but GSE reform was
reaffirmed as an association policy priority during our legislative conference
and winter meeting and was discussed at length during the meeting of our
newly-formed government relations committee. The new government relations
committee has multiple representatives from each MHI division.


Expanding secondary market access for manufactured home loans, including those
secured by personal property has been a long-standing priority of MHI—dating
back to at least the duty-to-serve requirements that were included in the
Housing and Economic Recovery Act (HERA) in 2008.  We have, and continue to,
work with FHA, FHFA, Fannie Mae, Freddie Mac, Ginnie Mae, HUD, and the House
Financial Services and Senate Banking Committees to improve the availability of
financing options in the manufactured housing market, both from a residential
and commercial standpoint.

MHI represents every significant manufactured home lender in the industry and we
work hard to see that the totality of their interests—which are not limited to
Dodd-Frank/CFPB rule makings—are served.  Our efforts on GSE reform extend well
beyond the Senate Banking Committee’s recent legislative draft. If you are
suggesting that we have not been an active player in this regard, you are
mistaken. GSE reform has been an issue that has received very close attention
from our internal and external lobbying teams on an ongoing basis for several
years.

A sampling of our most recent activities include (but certainly not limited to):

· working with drafters of the underlying Corker-Warner bill (S.
1217)—which serves as the blueprint for the Senate Banking Committee bill—to
garner their approval for modifications of their measure that would expand
access for personal property loans

· communicating—both our internal and external lobbying teams—on an
ongoing basis with Democratic and Republican senior staff to the Senate Banking
Committee to include specific manufactured home/personal property language

·         providing key industry lending data to Senate staff to underscore the
need for specific statutory language

· facilitating an industry lender roundtable for Senate Banking
Committee staff—this panel of lenders, which represented the vast majority of
personal property manufactured home lending—provided the key information and
feedback needed by  committee staff to include manufactured home lending
provisions (which took place at our recent legislative conference)

· working to develop a consensus coalition position with consumer group
that are also seeking to expand personal property lending options for
manufactured housing

·  outreach to the Federal Housing Finance Agency (FHFA)—the
administration’s voice on GSE reform—to support legislative provisions expanding
manufactured home lending opportunities

· engaging an external lobbying firm whose principals include the most
recent Democratic Staff Director to the Senate Banking Committee (working
directly for Chairman Tim Johnson) and provided significant access to committee
staff drafting the legislation

As I hope you are aware, MHI’s involvement has not only been limited to the

Senate Bill. Our work also includes:

· facilitating the first-of-its-kind lending conference, sponsored by
then Rep. Joe Donnelly, in Elkhart, Indiana (which I believe you attended)

· improving the FHA Title I &II programs and opening Ginnie Mae to new
issuers (a work in progress)

· coordinating more than 1,000 comments in opposition to FHFA’s
duty-to-serve rule, which would ignore secondary market access for personal
property loans

· working to provide equal access for all mortgages in the House version
of GSE reform –the Path Act (which also includes specific MH relief from the
Dodd-Frank Act)

· testifying before Congress on three separate occasions over the past
three years on the need for secondary market access for manufactured home loans
secured by personal property—this does not include testimony provided prior to
2010 on the need to improve the FHA Title I & II programs for manufactured
housing

· more than 300 meetings conducted over the past three years with
Members of Congress specifically on the lack of credit access provided by the
GSEs for manufactured housing

· working directly with Fannie Mae and Freddie Mac to develop new
lending options for manufactured housing

I can only speak to the involvement of MHI, which has been continuous and
ongoing and substantial. Looking at the history, I think it is fair to say MHI
and its members have been leaders in working to expand manufactured housing
financing options for quite some time.

Best,
Jason


Jason Boehlert
Manufactured Housing Institute (MHI)
Senior Vice President of Government Affairs

________________________________________

From: gfa7156@aol.com [gfa7156@aol.com]

Sent: Monday, March 17, 2014 1:20 PM

To: Jason Boehlert

Cc: news@journalmfdhousing.com; ken@rishel.net; Rick Robinson

Subject: Re: MHI Housing Alert –  Senate Banking Committee Leaders Unveil GSE

Reform Plan – MHI Successfully Stakes out Ground for Manufactured Housing and

Personal Property Loans

Jason

You, in behalf of MHI did NOT answer the lead question in my email
correspondence dated 3/16/2014, to wit; “When  did MHI switch its’ primary
legislative focus from Dodd-Frank regulatory reform to GSE Reform?” You can
blather all you want about ‘A sampling of our most recent activities include
(but certainly not  limited to)’ to  cloud the issue – which I’m getting to –
but the fact remains, throughout the Fall of 2014 MHI had tunnel vision relative
to effecting Dodd-Frank regulatory reform.


The tenor of your sentence,”We do not comment on the activities or actions of
other national organizations – that is not our role. Nor do we believe it serves
the interests of the industry or our members to do so.” tells me you well
understand what I was referring to in the above-referenced email  message, i.e.
Quoting MHARR’s Press Release dated 3/16/2014:  “…MHARR today lauded the
inclusion of specific  MHARR-proposed language in the bi-partisan GSE housing
finance reform bill (S.1217)…(containing) “langaguage submitted to the Senate
Banking Committee in Septermber and October 2013….” There lies the crux of
this whole issue of giving credit where credit is due!


Being as new as you are to MHI’s staff, you can be forgiven for not knowing how
often in the past, MHARR and MHI have ‘worked together’ to effect federal
legislation, e.g. Manufactured Housing Impovement Act of 2000 is but one
example. And how both national advocacy bodies have, in the past, ‘commented
(appropriately &/or positively) on the activities or actions of other national
organization’ YES, that should be one of the rolls taken on by MHI even if it’s
not as commonplace today as it has been at times in the past.


Furthermore; speaking as a 35 year entrepreneur businessman in the manufactured
housing industry and land-lease-lifestyle community asset class, and 20+ year
direct, dues-paying member of MHI, I disagree with you! Interadvocacy body
cooperation/praise (as should have been in this instance!) does serve the
greater interests of the industry, and certainly its’ members!


I think it entirely appropriate, that sometime this week, MHI take steps to
right the  misunderstanding couched in the subtitle & text:HOUSING ALERT, i.e.
“…MHI Successfully Stakes out Ground for Manufactured Housing and Personal
Property Loans”, before someone else does it for you….


Need someone to do this  public relations magic for you? I can recommend
someone, if asked.

GFA
George Allen

—–Original Message—–

From: Jason Boehlert <jBoehlert@mfghome.org>

To: gfa7156 <gfa7156@aol.com>

Cc: news <news@journalmfdhousing.com>; ken <ken@rishel.net>; Rick Robinson <rrobinson@mfghome.org>; Richard Jennison <rjennison@mfghome.org>

Sent: Mon, Mar 17, 2014 3:05 pm

Subject: RE: MHI Housing Alert – Senate Banking Committee Leaders Unveil GSE Reform Plan – MHI Successfully Stakes out Ground for Manufactured Housing and Personal Property Loans

George,

I am sorry to hear you found my response to your original inquiry,
unsatisfactory. I believe I answered in an honest and thorough fashion. But, to
try and further clear things up:

1) MHI is a multifaceted trade association.  This requires us to multitask and
pursue multiple policy priorities at the same time. Our focus is not solely
limited to Dodd-Frank. It also includes GSE reform, HUD-MHCC issues, tax, energy
and environmental policies.  This does not require us to shift our focus, but to
add to it–and GSE reform has been a focus of MHI now for several years.

2) I do not work for MHARR. Therefore, I have no real knowledge of their
lobbying activities. As such, it would be wholly inappropriate for me to comment
on MHARR’s activities. Just as it would be wholly inappropriate for MHARR to
comment, with any real knowledge on MHI’s policy activities.

3) Had you been able to attend MHI’s legislative conference, you have
undoubtedly learned that MHI’s GSE reform activities have been substantial and
ongoing.  MHI’s GSE efforts have been significant and have unequivocally led to
this positive outcome.  I am sorry you are unable to see yesterday’s news as a
positive development for the entire industry.


However, if you feel additional clarification is needed please feel free to
contact MHI’s CEO Dick Jennison at 703.558.0678.

Jason

———-

From: <gfa7156@aol.com>

Date: March 17, 2014 at 3:47:48 PM EDT

To: <jBoehlert@mfghome.org>

Cc: <news@journalmfdhousing.com>, <ken@rishel.net>, <rrobinson@mfghome.org>

Subject: Re: MHI Housing Alert –  Senate Banking Committee Leaders Unveil GSE Reform Plan – MHI Successfully Stakes out Ground for Manufactured Housing and Personal Property Loans

Jason

You can dance around the issue all you want, but truth be told, GSE reform was not a primary focus for MHI during the last half of 2014. I am an MHI member read what little is sent my way these days.

Amazing. You & MHI claim no prior knowledge of the source of the language used in this bi-partisan GSE housing finance reform bill (S.1217), yet are bold to state: “MHI will continue in its’ role as the leading advocate for the manufactured housing industry to ensure that manufactured home finance opportunities are expended to the greatest extent possible in forthcoming housing finance reform measures.” By the way, in this sentence, did you intend for the word choice to be ‘expended’, rather than ‘expanded’ or some other appropriate non-dissipating word?

Of course I see yesterday’s developments to be of value to the entire HUD-Code manufactured housing industry. And I see MHI’s HOUSING ALERT, in the manner in which it was written, to be unequivocal grandstanding, when it’d have been highly appropriate, and much appreciated by ‘the entire HUD-Code manufactured housing industry’, if credit had been given where credit was truly do!

Thank You for fleshing out my story for this week, if nothing more newsworthy doesn’t come along.

GFA.

George Allen

—- end of emailed messages on this thread —-

An impartial reading of George Allen’s messages suggests is a either a lack of objective research into the ongoing efforts and engagement by MHI on the subject of GSE reform, or perhaps an effort to “agitate” (Allen’s word about himself) against MHI, and/or some other motivations.  Allen clearly implies his intent to write about this topic, which is certainly his right, but after reading this exchange, does an objective person believe that Allen will right about it in a fair and balanced fashion?  Or will Allen use this once more to “agitate” against MHI?

As noted previously,

  • a simple Google search revealed numerous links dating back several years regarding MHI engagement on the topic of GSE reform. Please see below.

  • A search on the MHProNews website proves the same point of MHI engagement on GSE reform that Jason’s replies state.  So does a review of MHI’s typically weekly reports, that go out to members like Allen, and as did the update briefings during their 2014 Winter Meeting and Legislative session that all referenced efforts by that national trade association on GSE reform.

Why Does Allen seek to Manufacture a new Controversy?

It should be noted that MHARR has indeed made GSE reform an issue they have pursued.

But what is lacking from MHARR’s President and CEO, Danny Ghorbani is the same credit to MHI’s efforts, that Allen allegedly seeks on Ghorbani’s behalf from MHI as a tip of the hat to MHARR.

Thus Allen and Ghorbani seem to want from MHI what they are unwilling to give themselves. On MHI’s part, Boehlert’s responses to Allen are polite and professional.

Prior to issuing this report, MHProNews reached out once more for comment to Messrs. Allen and Ghorbani. For those anxious to share their views to their select group of readers, they have opted not to state reasonable replies to our questions for the record to the largest professional audience in the industry.  Why are they ducking replies?

A copy of the questions sent to MHARR’s President and Vice-President are below, as are the questions sent to George Allen.

A download of the search results from Google on this date for “Manufactured Housing Institute” = “GSE Reform” produced the results shown in the attachment linked here, which also reflects search results found on MHProNews, both of which pre-date by months or years the MHARR initiative ballyhooed by Danny Ghorbani.

The initiatives in the Senate both MHARR and MHI reference provide reasons for hope for all in the industry.

By contrast, this apparent manufactured controversy detracts from what ought to be one of many joint steps forward by MHARR, MHI and state associations, who all should be working in concert on issues vital to the manufactured housing industry.

Inflammatory messages may help a pair of ‘leaders’ posture themselves as tough, but do such missives advance or harm the manufactured housing industry’s agenda, and the interests of their own followers?

Industry voices cited in the articles found in the links below question if Danny Ghorbani – with or without the aid of George Allen – can effectively deal with regulators and politicos, without major changes in his modus operandi…or will real leadership by MHARR’s CEO come from Ghorbani’s successor, should Ghorbani depart or retire? ##


Appendix

Questions provided to George Allen for response by MHProNews:

1) Will you publish the unedited reply from Jason this upcoming weekend on your blog, or will you continue on your allegedly pro-Danny Ghorbani/MHARR, anti-MHI public stance?

2) As a self-proclaimed MH Communities owner advocate, how do you defend Danny Ghorbani’s embrace of Ishbel Dickens and her anti-MHC owners organization, when Dickens has reportedly said in public that community owners are “the enemy…”?

3) You’ve described on your blog your activities in part as an “agitator. ”  You’ve described Danny Ghorbani as a “leader.” Yet in the past, you decried Ghorbani for very similar stands to his current one, and after your own analysis, described in the article and links from the post here,

http://MHProNews.com/blogs/tonykovach/mharr-after-danny-ghorbani-and-more-manufactured-housing-issues/

you concluded Danny was mistaken in his writing that you then cited.  Where you wrong then? How do you answer your own rejection of Danny’s views  then, what has he practically accomplished since then which has caused you to change your stance? How much has payments for ads or other money received from MHARR factories influenced  your new found admiration for Danny?

4) Why do you not show remarks opposing your views on your blog?

5) We’ve invited you and Danny to debate MH Industry related topics; why have you not done so?

6) As an industry commentator, did you know that GSE reform was on the MHI legislative agenda?

7) You are fine with asking questions, so why do you not provide the courtesy of replying to questions when you are asked?

Questions provided to Danny Ghorbani and M. Mark Weiss at MHARR

1) We’ve asked many times, and ask again, what are the achievements of your last last 5 years at MHARR?

2) Why is it necessary to undermine MHI to make yourself look better?

3) Specifically what did you do – apart from MHI – that makes this advancement in GSE Reform your sole victory?

4) And how is this bill – not yet a law – more of a victory than HR 1779 or S 1828?

Previous Reports, Posts and Articles on this or Related Topics

Some Related Story Links:

Downloads and Attachments:

Commentary on MHARR ad from a cross section of MHPros in the Industry are found here.

Sen. Marco Rubio Signs on to S 1828

March 5th, 2014 Comments off

MHProNews.com has learned that Sen. Marco Rubio, R-FL, has become the tenth U. S. senator to sign on as a co-sponsor of S 1828, the Preserving Access to Manufactured Housing Act. Sen. Joe Donnelly, D-IN, introduced the legislation in the Senate Dec. 16, 2013. The other senators who have signed on are as follows:

    • Sen Tom Coburn R-OK
    • Sen. Pat Toomey R-PA
    • Sen. Tim Scott R-SC
    • Sen. James M. Inhofe R-OK
    • Sen. Daniel Coats R-IN
    • Sen. Rand Paul R-KY
    • Sen. Joe Manchin III R-WV
    • Sen. Lamar Alexander R-TN
    • Sen. John McCain R-AZ ##

    (Photo credit: beta.congress.gov/Sen. Marco Rubio)

    S 1828 Co-Sponsors grow in wake of MHI Legislative Session

    February 14th, 2014 Comments off

    wikicommons-daily-business-news-mhpronews-com.jpgSources with ties to Manufactured Housing Institute (MHI) tell MHProNews that the number of sponsors and co-sponsors for S 1828 has jumped from 4 to 9 as a direct result of the recent visits by members to their U.S. Senators. Dan Coates (R-IN), Rand Paul (R-KY), Lamar Alexander (R-TN), Joe Manchin (D-WV) and Jim Inhofe (R-OK) all joined sponsor Joe Donnelly (D-IN), original cosponsor Tom Coburn (R-OK) and cosponsors Tim Scott (R-SC) and Pat Toomey  (R-PA).

    There are also 108 Congressman – 20 Democrats and 88 Republicans – who have signed onto the House version of this legislation, HR 1779.

    “This proves that we have positive movement.” a source close to the lobbying efforts said. Sources tell us there are more expected to sign on in both sides of Congress in the days ahead. Industry members are urged to contact their Senators or House members to ask for their support. ContactCongress.org ##