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Posts Tagged ‘Marty Lavin JD’

Financial Service Industry’s “New Villains?” Plus, Virtually All MH Tracked Stocks Rise

October 2nd, 2017 Comments off

CNNmoney10.2.2017ManufacturedHomeStocksMarketsReportsMHProNewsTragedies like Hurricanes Harvey, Irma, and Maria – along with tax reform and other hot button topics – are sparking new record highs in the markets, including those stocks tracked here on the Daily Business News connected to the manufactured housing industry.

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports’ are found further below, just beyond the Manufactured Housing Composite Value for today.

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.

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

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

MH “Industry News, Tips and Views, Pros Can Use.” ©

Selected headlines and bullets from CNN Money:

  • Anthem will be live for ‘Monday Night Football’
  • GM: The future is all-electric
  • Gun stocks on the rise after Las Vegas attack
  • Deadliest mass shooting in modern U.S. history
  • Former Equifax CEO: ‘I am deeply sorry’
  • Uber board mulling power shift
  • Nordstrom sale reportedly hits a snag
  • Country music world stunned: ‘Beyond horrific’
  • Monarch customers are angry and confused
  • Should Wells Fargo be shut down entirely?
  • SEC says personal info compromised in 2016 hack

Selected headlines and bullets from Fox Business:

  • Wall Street indexes log record high closes
  • Oil falls more than 2% on signs of higher output
  • Before Las Vegas shooting, suspect Stephen Paddock was settling into retirement
  • Las Vegas shooter worked for predecessor of Lockheed Martin
  • Oracle executive denounces Trump immigration policies
  • S. rocker Tom Petty reported dead at age 66: Reports
  • Interior watchdog investigating Zinke over charter flights
  • Las Vegas shooter used an outlawed weapon: Judge Napolitano
  • Las Vegas Shooting: Pelosi calls for select committee on gun violence, stronger background checks
  • ‘Pawn Stars’ Rick Harrison on Las Vegas massacre: ‘Not the time’ for politicians to make points
  • GM to launch new EVs, says future is all-electric
  • The deadliest US mass shootings
  • How major US stock indexes fared on Monday
  • S. stocks are opening at record highs Monday morning as technology and health care companies advance.
  • Man gets 4 years in prison for staging crashes in fraud scam

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here

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

S&P 500 2,529.12 +9.76(+0.39%)

Dow 30 22,557.60 +152.51(+0.68%)

Nasdaq 6,516.72 +20.76(+0.32%)

Crude Oil 50.54 -1.13(-2.19%)

Gold 1,274.10 -10.70(-0.83%)

Silver 16.60 -0.07(-0.43%)

EUR/USD 1.1735 -0.0078(-0.66%)

10-Yr Bond 2.337 +0.011(+0.47%)

Russell 2000 1,509.47 +18.61(+1.25%)

9MarketIndicatorsYahooFinance10.2.2017DailyBusinessNewsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value

 

Today’s Big Movers

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

Today’s MH Market Spotlight Report –

We are the Financial Service Industry’s “Newest Villains?”  Bloomberg explores that question, and points a finger at two operations, both of which serve the manufactured housing industry.  Wells Fargo, which Berkshire Hathaway has significant ownership interests in, and Equifax. See our prior report on Equifax, linked here.

 

ManufacturedHousingIndustryTop5LendersDailyBusinessNewsManufacturedHomeMHProNews


Four bullet’s from Bloomberg on the two scandals, as they head to Washington, to explain their woes to Congress.

•            “Ex-Equifax CEO will testify before House committee on Tuesday

•             Wells Fargo chief also will speak with lawmakers about scandal

•             Wells Fargo & Co. is wrapping up one of its worst years ever by passing a baton to Washington’s new favorite financial-industry villain: Equifax Inc.

•             Executives from both companies will travel to Capitol Hill this week to testify in overlapping hearings about efforts to aid customers stung by lapses at their firms. Lawmakers on both sides of the aisle are eager to use Wells Fargo’s retail bank scandals and Equifax’s massive data breach to push their political agendas on everything from computer security to financial regulation.”

BankVaultDoorFinancialServicesIndustryDailyBusinessNewsMHProNews

See Recent Exclusive 1 Year Snapshot of All Tracked Stocks

http://www.MHProNews.com/blogs/daily-business-news/manufactured-housing-industry-markets-wall-street-reacts-to-trumponomics-1-year-data-snapshot/

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

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

 10.2.2017DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

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

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

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

Your link to a recent round of industry praise for our coverage, is found here.

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

“We Provide, You Decide.” © ## (News, Analysis.)

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

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

 

‘Two-Thirds of Manufacturers’ Tax Plan Yields Reinvestment New Jobs=Video; MH Market Updates

September 29th, 2017 Comments off

CNNmoney11.29.2017ManufacturedHomeStocksMarketsReportsMHProNewsIf you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional market report fever – our headline reports’ are found further below, just beyond the Manufactured Housing Composite Value for today.

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.

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

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

MH “Industry News, Tips and Views, Pros Can Use.” ©

  • Is Trump tax plan a big win for middle class?
  • What it’s like on cruise ship full of hurricane evacuees
  • Closed Puerto Rico factories sole source of critical drugs
  • Equifax is investigating executive stock sales
  • Puerto Rico has almost no cell service
  • Stocks haven’t done this since Bill Clinton
  • Apple: Record number of U.S. national security requests
  • The stocks set to win under Trump’s tax plan
  • KB Home CEO apologizes for Kathy Griffin rant
  • Startup founder: Giving up on Puerto Rico not an option
  • Aston Martin is making an ultra-exclusive submarine

Selected headlines and bullets from Fox Business:

  • Stocks end month, quarter on a high-note as Trump touts success
  • Most investors bracing for market correction this year
  • New Senate GOP budget would pave the way for tax rewrite
  • Bullish oil streak means strongest third quarter Brent price gain in 13 years
  • NBA’s Adam Silver: I expect players to stand for national anthem
  • Trump takes tax reform push to manufacturers
  • Most Americans disapprove of NFL player protests: ESPN poll
  • Amazon sells $1.6 million in Whole Foods’ store-brand products in first month
  • ‘Patriot’ Tennessee business owner says NFL will lose more ads
  • Trump’s tax reform plan was ‘disappointing,’ Rep. Delaney says
  • Equifax board considers clawing back executives’ compensation
  • US slashes Cuba embassy staff, warns Americans not to visit
  • State, local tax deductions ‘probably’ have to stay to pass reform: Varney
  • FBN’s Dagen McDowell thanks Gerri Willis for sharing her heroic cancer story

 

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here

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

S&P 500 2,519.36 +9.30(+0.37%)

Dow 30 22,405.09 +23.89(+0.11%)

Nasdaq 6,495.96 +42.51(+0.66%)

Crude Oil 51.59 +0.03(+0.06%)

Gold 1,282.80 -5.90(-0.46%)

Silver 16.68 -0.17(-0.99%)

EUR/USD 1.1819 +0.0036(+0.31%)

10-Yr Bond 2.326 +0.017(+0.74%)

Russell 2000 1,490.86 +2.08(+0.14%)

9MarketIndicatorsYahooFinance9.29.2017DailyBusinessNewsManufacturedHousingIndustryStocksMarketsReportsDataMHProNewsManufactured Housing Composite Value

 YahooFinanceManufacturedHousingCompValue9.29.2017DailyBusinessNewsStocksMarketsDataReportsMHProNews 

Today’s Big Movers

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

Today’s MH Market Spotlight Report –

NAM on tax reform. Still from CNBC Video, below..ManufacturersTaxReformCNBCCapitalSPending65PercentExpand64-HireMore57PayMore52-DailyBusinessNewsMHProNews

 

‘Two-Thirds of Manufacturers’ Tax Plan Yields Reinvestment New Jobs

  • “Two-thirds of manufacturers” say the GOP tax plan will lead to reinvestment and additional hiring, National Association of Manufacturers (NAM), CEO Jay Timmons said on “Squawk Box.”
  • Timmons says the tax reform plan is “already priced in” by many manufacturers, and he added that failure to do this could lead to issues.
  • He said that foreign competitors are eating America’s lunch, and that this is necessary and useful for job creation, wage growth and enhanced competitiveness in global markets.

 

See Recent Exclusive 1 Year Snapshot of All Tracked Stocks

http://www.MHProNews.com/blogs/daily-business-news/manufactured-housing-industry-markets-wall-street-reacts-to-trumponomics-1-year-data-snapshot/

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

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

 9.29.2017DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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

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

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

Your link to a recent round of industry praise for our coverage, is found here.

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

We Provide, You Decide.” © ## (News, Analysis.)

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

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

 

 

Broader Markets Rise on Trump Tax Plan – Video – MH Markets Mixed

September 28th, 2017 Comments off

CNNmoney11.28.2017ManufacturedHomeStocksMarketsReportsMHProNewsIf you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports’ are found further below, just beyond the Manufactured Housing Composite Value for today.

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.

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

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

MH “Industry News, Tips and Views, Pros Can Use.” ©

  • Russia to US: Back off our media
  • Can Puerto Rico survive the aftermath?
  • NFL’s ‘Thursday Night Football’ to debut on Amazon Prime
  • Twitter says it removed 200 Russia-linked accounts
  • H&M’s profits down 20%
  • The Jones Act has been hurting Puerto Rico for decades
  • Puerto Rico recovery: Who’s getting the money
  • 5 things we still don’t know about the tax plan
  • Why is Ikea buying TaskRabbit?
  • Get ready for Elon Musk’s latest Mars plan
  • Elon Musk’s mom is the new face of CoverGirl

Selected headlines and bullets from Fox Business:

  • How tax brackets will change under Trump’s plan
  • S&P ekes out record on health care gains, tax plan hopes
  • Oil slips 1% as extends pullback from 2015 peaks
  • Trump’s tax plan: This provision could slam Americans in high-tax states
  • Gary Cohn: Our tax plan is aimed at giving a cut to middle class Americans
  • US, foreign banks given one-year extension to submit ‘living wills’: Federal Reserve
  • McCain introduces bill to kill Puerto Rico shipping restrictions
  • US senators close to bipartisan deal on health exchanges: Schumer
  • Twitter briefs US congressional investigators probing alleged Russia role in election
  • Tennessee business owner pulls NFL ads over ‘unpatriotic’ protests
  • Detroit automakers to lose North American production race for first time
  • Trump’s pivot on infrastructure may kick Wall Street to the curb
  • Bet against CBS amid NFL protests, TV ratings concerns: JPMorgan
  • Netflix scam email targeting users’ bank accounts
  • Tennessee business owner pulls NFL ads over ‘unpatriotic’ protests

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here

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

S&P 500 2,510.06 +3.02(+0.12%)

Dow 22,381.20 +40.49(+0.18%)

Nasdaq 6,453.45 +0.19(+0.00%)

Crude Oil 51.59 -0.55(-1.05%)

Gold 1,290.30 +2.50(+0.19%)

Silver 16.90 +0.07(+0.43%)

EUR/USD 1.1786 +0.0042(+0.36%)

10-Yr Bond 2.309 0.00(0.00%)

Russell 2000 1,488.79 +3.97(+0.27%

9MarketIndicatorsYahooFinance9.28.2017DailyBusinessNewsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Manufactured Housing Composite Value

 YahooFinanceManufacturedHousingCompValue9.25.28.17DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

Today’s Big Movers

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

Today’s MH Market Spotlight Report –

White House Tax Proposal, President Trump’s Video Remarks

 Among the sources that the Oval Office has pointed to that favor their tax plan rollout is this snippet.

 In a commentary on the Hill, Fox News contributor Bradley Blakeman said “President Trump and congressional Republicans unveiled a major tax overhaul that makes sense,” saying the plan will “revamp the tax code from top to bottom to reduce confusion, bureaucracy, costs and litigation.”

The video above, the still below is from the White House Video, provided to MHProNews.
 PresidentTrumpGivesRemarksTaxReformDailyBusinessNewsMHProNews

 

See Recent Exclusive 1 Year Snapshot of All Tracked Stocks

http://www.MHProNews.com/blogs/daily-business-news/manufactured-housing-industry-markets-wall-street-reacts-to-trumponomics-1-year-data-snapshot/

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

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

 9.28.2017DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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

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

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

Your link to a recent round of industry praise for our coverage, is found here.

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

We Provide, You Decide.” © ## (News, Analysis.)

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

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

 

Several MH Communities Sinking, as Manufactured Home Industry at Large Rise$

September 27th, 2017 Comments off

CNNmoney11.27.2017ManufacturedHomeStocksMarketsReportsMHProNewsIf you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports’ are found further below, just beyond the Manufactured Housing Composite Value for today.

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.

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

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

MH “Industry News, Tips and Views, Pros Can Use.” ©

  • Night of desperation in San Juan’s airport
  • There is now record inequality in the U.S.
  • Who owns Puerto Rico’s mountain of debt? You do
  • Facebook sought exception from political ad rules in 2011
  • ‘This Is Us’ scores big ratings
  • Sorry, kids: Apple’s new Face ID isn’t meant for you
  • Facebook removed fake accounts before German election
  • Sonic customer info likely targeted by hackers
  • Instagram rolls out comment-control
  • Trump plans to sign executive order on health care
  • The race is on to restore cell service in Puerto Rico

Selected headlines and bullets from Fox Business:

  • Wall St gains on financials boost, tax hopes
  • Trump-GOP tax reform framework: Corporate rate cut, state and local deductions dropped
  • Trump’s tax plan: How the corporate tax cut will benefit pension plans
  • Small business group applauds GOP tax plan
  • Ted Cruz: Reagan-style tax cuts will spur China-like economic growth
  • Rick Pitino out as Louisville basketball coach amid federal probe
  • Amazon slashes price of new Echo speaker to $100
  • Peyton Manning run for Tennessee Senate seat is ‘possible,’ Corker says
  • Fast-food runner Sonic notified of unusual credit card activity
  • Trump is stirring the pot over the NFL anthem protests: Dr. Alveda King
  • Direct-TV offers refunds over the NFL anthem controversy
  • Baseball owners approve sale of Marlins to Derek Jeter group
  • Rick Pitino out as Louisville basketball coach amid federal probe
  • Peyton Manning run for Tennessee Senate seat is ‘possible,’ Corker says

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here

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

S&P 500 2,507.04 +10.20(+0.41%)

Dow 30 22,340.71 +56.39(+0.25%)

Nasdaq 6,453.26 +73.10(+1.15%)

Crude Oil 52.05 +0.17(+0.33%)

Gold 1,286.70 -15.00(-1.15%)

Silver 16.78 -0.10(-0.58%)

EUR/USD 1.175 -0.0043(-0.36%)

10-Yr Bond 2.309 +0.08(+3.59%)

Russell 2000 1,484.78 +27.92(+1.92%)

9MarketIndicatorsYahooFinance9.27.2017DailyBusinessNewsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value

 YahooFinanceManufacturedHousingCompValue9.25.27.17DailyBusinessNewsStocksMarketsDataReportsMHProNews

Today’s Big Movers

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

Today’s MH Market Spotlight Report –

MH Communities Sinking, as Manufactured Home Connected Markets at Large Rise$

Let’s be clear from the top.  The short-term concerns that have impacted the slide in today’s MHCommunity sector stocks ought to be a mere blip.

Several MH Communities Sinking, as Manufactured Home Industry at Large Rise$

Top Ten Tips for Selling a Manufactured Home in a Community,
Video of Frank Rolfe, by MHProNews.

The manufactured housing industry’s communities sector has been hot for several years, and for good reasons.

Among them, in no particular order of importance:

  • very stable performance and ROI, including during the 2008 housing/mortgage crash;
  • significant upside opportunities, for those who are aggregating or consolidating communities, since vacancies were an issue for thousands or properties coast-to-coast in from the early 2000s to the mid-2010s. Those with the capital to buy, fix, and fill can earn more than those who are just buying and operating a property;
  • once the don’t rent homes in land-lease communities mantra was broken, dozens of properties were filled more rapidly by those who bought basic, single sectional manufactured homes and used them as infill to ‘get the rent meter on a previously vacant site rolling again.’

There’s more, but let’s hold it right there.

Because the ‘dirty little secret,’ say some suppliers of the community sector, is that there’s several potential hurdles on the horizon.

WallStreetJournalAfterIrmaFloridaMHCommunityDailyBusinessNewsMHProNews

And the impact of major weather events (such as Irma and Harvey, the more proximate cause of chatter for some investors recently) on properties are among the reasons that the community sector isn’t far hotter than it already is.

Part of the challenges facing the community sector is (hopefully) inadvertently caused by the Manufactured Housing Institute (MHI); the very people charged with defending and promoting that sector of the industry, say some insiders.

Before Progressing with this Analysis, A Cautionary Tale…

A former client of “Community Investor” George Allen told MHProNews off-the-record that they would periodically have to “walk back” something that Allen would publish on his blog.

GeorgeAllenDownBy100MHIFlyInDownby60DailyBusinessNewsMHProNews

Why is attendance down for Allen, or MHI at their D.C. fly-in?

That statement wasn’t made yesterday.  But it’s mentioned here because Allen would publish some things, per that source, that would from time-to-time cause “heartburn” and some “misunderstandings” among less-informed potential investors.

For a variety of reasons – including that cautionary tale in mind – MHProNews has always strived to keep every audience’s interests, accuracy, and balance in mind in our news, commentary, and analysis.

Certainly, it is hard for any thinking party to deny that MHProNews and MHLivingNews – thanks to our industry sponsors – are enthusiastic but reality-grounded true believers in the industry.

That said, the challenges that follow need not be deal killers.  They are not reasons to running away from communities as a solid opportunity for investments.

But the following – while not negating the above and what follows – are genuine issues that MHI, their National Communities Council (NCC) and others are not only failing to address in the public space, they’ve made statements that have fueled concerns.  An example is the snippet from MHI’s SVP Rick Robinson spotlighted in the Washington Post screen capture below.

RickRobinsonOHManufacturedHousingInstituteTwitterWashingtonPostSVPJDDailyBusinessNewsMHPronews

There are several statements being made – and issues going unaddressed, as MHI/NCC member Frank Rolfe has often said – that give careful investors pause.

SuzanneFelberFrankRolfeRichardADickJennisonAmericanHousingAdvocatesManufacturedHousingIndustryDailyBuisnessNewsMHProNews600

MHI has lined up surrogates who act as their defenders, such as Suzanne Felber, who sources say get financial benefits from MHI and their member companies. Then, there are critics, such as Marty Lavin, Frank Rolfe, Titus Dare and several others.

News stories that go unaddressed by the industry’s national community sector representatives create issues that either go unanswered, or some of the answers may not prove to be satisfactory.

This, MHProNews knows because of questions and discussions that are fielded here.

If the old rule of thumb holds, then for each raised hand, there are 100 hands that are thinking the same, but those 99 just didn’t make the effort to ask.

Warning Signs from the Vantage Point of Some Potential Investors…

  • Communities are closing at a faster rate than they are opening.
  • MHI/NCC graphic, shown below, reflects a smaller total number of communities than either Allen (who pegs the total at about 50,000) or Frank Rolfe (who has a database of some 44,000 properties, and thinks it may be closer to 45,000 MHCs) believes exists.
  • Community closures based on 38,000 (+/-) total properties – MHI’s figure, based per sources on their MHVillage/DataComp member’s database count – is more problematic than if it were at the 45k to 50k total properties.
  • MHProNews has brought such errant figures to MHI’s attention, yet they persist (some say, for membership/political reasons) in keeping their stated totals/stats, which in some cases are clearly errant figures – or statistics on their website – or as downloads.
  • As MHI/NCC member Frank Rolfe has said in public, and to MHProNews, reporters and others often get the cold-shoulder from MHI. That leads to doubts about their integrity and dependability as an industry source for reliable information.
  • Rolfe and others have told MHProNews that lenders and investors want solid data they can rely upon. While operations such as his, or others that are in the list of publicly traded companies shown below, have their own facts and figures. But that doesn’t always mean that inquiries will go to them first, or ever.
  • Some may find MHI, and either find (or not find…) what they want, and they cross manufactured homes and/or communities off their bucket list of investment options.

The bottom line is that there are consequences, per sources, to MHI’s problematic communications. Those considerations impact every sector of the industry.

ManufacturedHomeCommunitiesGraphicManufacturedHousingInstituteNationalCommunityCouncilDailyBusinessNewsMHProNews

There are consequences to few new communities, and more closures than new start-ups.  That too can be straight-lined to past and current problematic MHI/NCC behaviors.

There are consequences to thoughtful investors and analysts when MHI is not standing up to each and every false or misleading media report.

Or when a senior executive is giving a reply like the one that MHI’s Rick Robinson did to the Washington Post, shown above.

And there are consequences to the trends of communities filling up, opportunities narrowing, and looming question marks hanging over the industry, all of which can be traced back at some level to various alleged failures on the part of MHI/NCC.

These and other concerns and/or allegations above and below are hanging over the organization.

FrankRolfeMHIHypocrisyQuote-MHProNews

They hang like a blanket over the manufactured home industry’s otherwise outstanding potential.

9percent1percentNewManufacturedHousingTrillionDollarHousingNewExistingHomeSales2016CreditManufacturedHousingIndustryDailyBusinessNewsMHProNews_1

Finally, claims by outsiders (not MHProNews, we are merely reporting what others have alleged) of racism, steering, predatory lending, monopolistic practices, favoritism (tilting the playing field among MHI members who are ‘favored’ against those who are not insiders) lead to complaints about hypocrisy, corrupt or inept leadership.

ManufacturedHousingInstituteMHILogoFrankRolfeBlastsMHIRacismCollageClaytonHomes21stVanderbiltDailyBusinessNewsMHProNews

Manufactured Housing Institute MHI Logo, Frank Rolfe has previously blasted MHI for failure to engage the media. Racism ought to be swiftly denied and decried. Collage and text by MHProNews.com.

For these and other reasons that impact the industry, investors, and the public, MHProNews has early and often called for the reform or replacement of the industry’s ‘umbrella’ association as an editorial position.

We Provide, You Decide.” ©

 

See Recent Exclusive 1 Year Snapshot of All Tracked Stocks

http://www.MHProNews.com/blogs/daily-business-news/manufactured-housing-industry-markets-wall-street-reacts-to-trumponomics-1-year-data-snapshot/

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

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

9.27.2017DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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

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

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

Your link to a recent round of industry praise for our coverage, is found here.

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

We Provide, You Decide.” © ## (News, Analysis.)

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

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

 

 

Skyline Spotlight, Manufactured Housing Industry Market Report Updates

September 26th, 2017 Comments off

CNNmoney11.26.2017ManufacturedHomeStocksMarketsReportsMHProNewsIf you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports’ are found further below, just beyond the Manufactured Housing Composite Value for today.

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.

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

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

MH “Industry News, Tips and Views, Pros Can Use.” ©

  • Killing this tax break will hurt the middle class
  • How long will Puerto Rico’s airport be crippled?
  • Bill Gates just switched to an Android phone
  • Why oil prices are up 20% since June
  • S. slaps sanctions on 8 North Korean banks
  • Senator: Equifax CEO’s retirement is not enough
  • This yogurt-maker startup is not the new Juicero
  • Dyson plans to build electric car by 2020
  • 11 hottest toys for this holiday season
  • Uber may exit Quebec
  • Russia threatens to block Facebook

Selected headlines and bullets from Fox Business:

  • Wall Street ends unchanged while tech bounces back
  • ObamaCare repeal in US Senate collapses as Republicans falter
  • Trump vows to cut taxes ‘tremendously’ for middle class
  • Adidas shares sink after top marketing executive’s arrest in NCAA probe
  • Equifax hit with new lawsuit by San Francisco
  • Equifax Says Departing CEO Won’t Get $5.2 Million in Severance Pay
  • MLB vote for Jeter’s $1.2B Miami Marlins bid imminent; could receive owners’ approval this week
  • Puerto Rico on brink of ‘humanitarian crisis,’ economists weigh in
  • Nike’s quarterly profit drops 24%
  • DirecTV allows some NFL refunds after anthem controversy
  • Why Trump should focus on NFL protests and tax reform
  • No anthem protest from US Presidents Cup golf team, captain says
  • FBI sting engulfs lucrative NCAA basketball programs

 

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here

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

S&P 500 2,496.84 +0.18(+0.01%)

Dow 30 22,284.32 -11.77(-0.05%)

Nasdaq 6,380.16 +9.57(+0.15%)

Crude Oil 51.92 -0.30(-0.57%)

Gold 1,298.70 -12.80(-0.98%)

Silver 16.87 -0.28(-1.62%)

EUR/USD 1.1787 -0.0059(-0.50%)

10-Yr Bond 2.23 +0.01(+0.41%)

Russell 2000 1,456.86 +4.91(+0.34%)

9MarketIndicatorsYahooFinance9.26.2017DailyBusinessNewsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Manufactured Housing Composite Value

 YahooFinanceManufacturedHousingCompValue9.25.25.17DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

Today’s Big Movers

For all the scores and highlights on tracked stocks today, see the Bloomberg graphic, posted below.

Today’s MH Market Spotlight Report – Skyline Homes

Along with other manufactured housing producers in the wake of Hurricanes Harvey and Irma, it is no surprise to see Skyline Corp (SKY) stock rising today.

A recent report on FEMA’s impact on independents is linked here.

 SkylineHomesLogoElkhartInFacebookDailyBusinessManufacturedHousingMHProNewsNewsMarketReport

The one year snapshot for Skyline Homes is below. BloombergSkyline1YearSnapshotDailyBusinessNewsManufacturedHousingIndustryStockMarketReportsMHProNews

See Recent Exclusive 1 Year Snapshot of All Tracked Stocks

http://www.MHProNews.com/blogs/daily-business-news/manufactured-housing-industry-markets-wall-street-reacts-to-trumponomics-1-year-data-snapshot/

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

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

 9.26.2017DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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

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

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

Your link to a recent round of industry praise for our coverage, is found here.

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

We Provide, You Decide.” © ## (News, Analysis.)

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

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

 

LPX Surges (…Duh…), Other MH Connected Market Updates

September 25th, 2017 Comments off

CNNmoney11.25.2017ManufacturedHomeStocksMarketsReportsMHProNewsIf you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports’ are found further below, just beyond the Manufactured Housing Composite Value for today.

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.

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

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

MH “Industry News, Tips and Views, Pros Can Use.” ©

Selected headlines and bullets from CNN Money:

  • Ford: We respect NFL players’ right to protest
  • iOS 11: Secret features you’re probably not using
  • JPMorgan devotes $10M to fight poverty in D.C.
  • Did anthem protests hurt NFL ratings?
  • Steelers player who stood has top selling jersey
  • Deloitte says it’s been hacked
  • ClassPass founder just wanted to book a dance class
  • Apple needs an X factor
  • How much money did NFL owners donate to Trump? Trending
  • NASCAR acknowledges right to peaceful protest
  • Melinda Gates: The VC industry ‘needs to clean up its act’

Selected headlines and bullets from Fox Business:

 

  • Trump unveils STEM-focused jobs initiative
  • S. Supreme Court calls for new briefing on Trump travel ban
  • Wall St. declines on tech selloff, North Korea concern
  • Oil hits highest since July 2015 as producers say market rebalancing
  • SEC chairman notified of hack in August
  • Alejandro Villanueva is NFL’s top-selling jersey since standing for anthem
  • Gasparino: Trump wins with NFL fans on anthem protests
  • NFL sponsors unconcerned about national anthem protests: Official
  • P&G, Peltz vie for small investor votes in biggest-ever proxy fight
  • Trump-GOP tax plan: The estate tax may soon disappear
  • Bass Pro, Cabela’s complete merger
  • GM rallies after Deutsche Bank upgrades to ‘buy’
  • Venezuela slams US travel restrictions as ‘political terrorism’
  • Navistar, VW will collaborate on electric truck, connectivity
  • How tall is that wall? Lowe’s has a measuring app for that
  • NFL’s Dallas Cowboys owner Jerry Jones weighs in on anthem protests

 

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here

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

S&P 500 2,496.66 -5.56(-0.22%)

Dow 30 22,296.09 -53.50(-0.24%)

Nasdaq 6,370.59 -56.33(-0.88%)

Crude Oil 52.11 +1.45(+2.86%)

Gold 1,313.20 +15.70(+1.21%)

Silver 17.19 +0.21(+1.24%)

EUR/USD 1.1846 -0.0105(-0.88%)

10-Yr Bond 2.22 -0.042(-1.86%)

Russell 2000 1,451.96 +1.18(+0.08%)

9MarketIndicatorsYahooFinance9.25.2017DailyBusinessNewsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value

YahooFinanceManufacturedHousingCompValue9.22.25.17DailyBusinessNewsStocksMarketsDataReportsMHProNews

Today’s Big Movers

For all the scores and highlights on tracked stocks today, see the Bloomberg graphic, posted below.

Today’s MH Market Spotlight Report – LPX Surges (…Duh)

As was previously reported by the Daily Business News (DBN) on MHProNews, the post-hurricane disasters are causing a surge in lumber pricing.  No surprise, then, that investors are jumping on the LPX bandwagon.

7112017LPXLouisianaPacificManufacturedHousingIndustryDailyBusinessNewsMHProNews

See the 1 year snapshot, below.LPXSurgesBloomberg1YearDailyBusinessNewsMHProNews

See Recent Exclusive 1 Year Snapshot of All Tracked Stocks

http://www.MHProNews.com/blogs/daily-business-news/manufactured-housing-industry-markets-wall-street-reacts-to-trumponomics-1-year-data-snapshot/

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

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

9.25.2017DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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

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

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

Your link to a recent round of industry praise for our coverage, is found here.

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

We Provide, You Decide.” © ## (News, Analysis.)

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

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

 

Clayton, Berkshire Hathaway, FEMA Preview – Manufactured Home Market Updates

September 22nd, 2017 Comments off

CNNmoney11.22.2017ManufacturedHomeStocksMarketsReportsMHProNewsIf you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports’ are found further below, just beyond the Manufactured Housing Composite Value for today.

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.

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

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

MH “Industry News, Tips and Views, Pros Can Use.” ©

Selected headlines and bullets from CNN Money:

  • How Facebook could disrupt 2018 midterms
  • How Facebook sees the Russian ad scandal
  • Wells Fargo to cut jobs at Charlotte headquarters
  • ESPN viewers caught in middle of cable fight
  • Killing of ‘Narcos’ scout resurfaces Escobar feud
  • Plan to shut Obamacare site draws critics
  • Kint: Tech wields ‘uncomfortable’ power over media
  • How Mark Zuckerberg will avoid testifying in court
  • Uber CEO makes plea to London: Please work with us
  • Did Jimmy Kimmel kill the health care bill?
  • What next for L’Oreal after billionaire heiress dies?

Selected headlines and bullets from Fox Business:

  • Trump takes center stage in fractious U.S. Senate race in Alabama
  • Trump: ‘Rocket man’ should have been handled a long time ago
  • Trump slams ‘crooked Hillary’ over the second amendment
  • Trump aims for ‘massive’ tax cuts for the middle-class
  • Wall Street edges up, shaking off healthcare, North Korea worries
  • Oil prices mixed as OPEC may defer extension of output cuts
  • GOP’s ‘Obamacare’ repeal all but dead; McCain deals the blow
  • Silicon Valley need to focus on business, not politics: Dobbs
  • S. needs to kill North Korean nuclear tests: Newt Gingrich
  • Kathy Griffin files a restraining order against KB Homes CEO
  • Delta: Website tricks people who put their pets on jets
  • Navy sailor jailed for submarine photos: Hillary Clinton committed more serious acts
  • Is Apple losing some of its shine?
  • White House vows quick action as Harvey aid estimates soararticle White House vows quick action as Harvey aid estimates soar

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here

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

S&P 500 2,502.22 +1.62(+0.06%)

Dow 30 22,349.59 -9.64(-0.04%)

Nasdaq 6,426.92 +4.23(+0.07%)

Crude Oil 50.66 +0.11(+0.22%)

Gold 1,300.50 +5.70(+0.44%)

Silver 17.03 +0.01(+0.07%)

EUR/USD 1.1951 +0.0012(+0.10%)

10-Yr Bond 2.262 -0.016(-0.70%)

Russell 2000 1,450.78 +6.60(+0.46%)

9MarketIndicatorsYahooFinance9.22.2017DailyBusinessNewsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value

 YahooFinanceManufacturedHousingCompValue9.22.21.17DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

Today’s Big Movers

For all the scores and highlights on tracked stocks today, see the Bloomberg graphic, posted below.

Today’s MH Market Spotlight Report – 

 It could be one of the biggest stories of the year for manufactured housing, and for the nation.

Manufactured Home Industry Connected Stock Markets Data – Berkshire Hathaway, Clayton, VMF, 21st Mortgage, FEMA Teaser

Tomorrow by here on the Daily Business News, there will be a special report by about noon at CDT.

The phone lines and messages coming in about FEMA, Clayton, 21st, VMF and MHI related today and recently has been steady to intense.

BerkshireHathawayClaytonHomesVanderbiltVMF21stMortgageManufacturedHomesLoansFEMA

You can find a report focused on Rick Robinson, JD, MHI Senior VP and General Counsel for the Manufactured Housing Institute (MHI) linked here.

 When RickRobinsonJDMHISVP5StateConvention

See Recent Exclusive 1 Year Snapshot of All Tracked Stocks

http://www.MHProNews.com/blogs/daily-business-news/manufactured-housing-industry-markets-wall-street-reacts-to-trumponomics-1-year-data-snapshot/

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

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

9.22.2017DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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

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

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

Your link to a recent round of industry praise for our coverage, is found here.

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

We Provide, You Decide.” © ## (News, Analysis.)

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

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

 

 

Skyline 1 Years Snapshot, Manufactured Housing Market Updates

September 21st, 2017 Comments off

CNNmoney11.21.2017ManufacturedHomeStocksMarketsReportsMHProNewsIf you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports’ are found further below, just beyond the Manufactured Housing Composite Value for today.

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.

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

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

MH “Industry News, Tips and Views, Pros Can Use.” ©

Selected headlines and bullets from CNN Money:

  • North Korea sanctions: Here’s what Trump did
  • Senators prep bill to deal with online political ads
  • Are Facebook’s big changes to political ads enough?
  • How Facebook knows you’re Jewish
  • Facebook says it’ll give Russia ads to Congress Trending
  • Bankrupt Toys R Us is hiring for the holidays
  • Trix with artificial flavors is coming back after complaints
  • Government sues over alleged bitcoin Ponzi scheme
  • Equifax CEO to face Congressional banking panel
  • Mexico looks to Latin America amid NAFTA threat
  • She thought her student loans were forgiven. Wrong

 

Selected headlines and bullets from Fox Business:

  • Trump’s ultimatum to China taking effect, Conway says
  • Wall Street pushed down by rate expectations, North Korea, Apple
  • Oil settles flat as unease builds ahead of OPEC meeting
  • Boeing receives order from Turkish Airlines for 40 Dreamliners
  • Iran nuclear deal cannot be renegotiated: Rouhani
  • US government is acting like ‘Big Brother’ with regulations: Truck driver
  • NFL star Hernandez’s family sues league over ‘severe’ CTE
  • Dobbs: Bureaucrats responsible for massive cyber attacks
  • Facebook to overhaul political ads, share some with U.S. Congress
  • 3 Stocks to Help Millennials Reach Their Goals
  • Why Ford Will Soon Idle Three U.S. Factories
  • The Best FinTech Stock to Buy in 2017

 

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here

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

S&P 500 2,500.60 -7.64(-0.30%)

Dow 30 22,359.23 -53.36(-0.24%)

Nasdaq 6,422.69 -33.35(-0.52%)

Crude Oil 50.57 +0.02(+0.04%)

Gold 1,300.00 +5.20(+0.40%)

Silver 17.07 +0.05(+0.31%)

EUR/USD 1.1955 +0.0016(+0.13%)

10-Yr Bond 2.278 +0.001(+0.04%)

Russell 2000 1,444.18 -1.24(-0.09%)

 9MarketIndicatorsYahooFinance9.21.2017DailyBusinessNewsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value

 YahooFinanceManufacturedHousingCompValue9.20.21.17DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

Today’s Big Movers

For all the scores and highlights on tracked stocks today, see the Bloomberg graphic, posted below.

Today’s MH Market Spotlight Report – 

Manufactured Housing Spotlight, Skyline Homes, 1 Year Stock Snapshot

 SkylineHomesCorpDailyBusinessNewsMHProNews600x294

SkylineCorp1YearSnapshotDailyBusinessNewsMHProNews

 See Recent Exclusive 1 Year Snapshot of All Tracked Stocks

http://www.MHProNews.com/blogs/daily-business-news/manufactured-housing-industry-markets-wall-street-reacts-to-trumponomics-1-year-data-snapshot/

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

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

Manufactured Home Industry Connected Stock Markets Data

9.21.2017DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNewsBerkshire Hathaway is the parent company to Clayton Homes21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.

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

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

Your link to a recent round of industry praise for our coverage, is found here.

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

We Provide, You Decide.” © ## (News, Analysis.)

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

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

 

 

“Egregious and Unacceptable,” Fed Chair about Manufactured Home Connected Lender, MH Market Updates

September 20th, 2017 Comments off

CNNmoney11.20.2017ManufacturedHomeStocksMarketsReportsMHProNewsIf you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports’ are found further below, just beyond the Manufactured Housing Composite Value for today.

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.

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

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

MH “Industry News, Tips and Views, Pros Can Use.” ©

Selected headlines and bullets from CNN Money:

  • Fed finally winding down historic rescue program
  • Bill Gates: Sorry about Control-Alt-Delete
  • Lawsuit: ICE center paid prisoners less than $1 per day
  • Sandberg ‘disgusted’ by anti-Semitic FB ad targeting
  • Apple Watch Series 3 is having connectivity issues
  • Tim Cook: I’m “shocked” there’s a DACA debate
  • Prestige TV puts premium on top writers
  • Equifax tweets fake phishing site to concerned customers
  • Struggling GE grounds fleet of corporate jets
  • How a woman’s appearance affects her career
  • Big sales for Hillary Clinton’s book

Selected headlines and bullets from Fox Business:

  • Stocks rise as Fed unwinds portfolio, sets up December rate hike
  • Federal Reserve straight talk
  • Fed keeps rates steady, to start portfolio drawdown in October
  • Oil up 2% despite U.S. crude build; set for best Q3 since 2004
  • Hillary Clinton blame game hurting Democrats: Rachel Campos-Duffy
  • S. expects Madoff $4 billion fund payout to start this year
  • Marijuana is still illegal, US AG Sessions says
  • Energy contract lawsuits expected to jump in Harvey’s wake
  • Gwyneth Paltrow expands Goop brand, eyes TV
  • Watch for these 8 new cars, SUVs coming to the US in 2018
  • Gun makers to get sales boost with export reform on the way
  • Ford becomes latest automaker to cut production
  • GE to shut down corporate jet fleet in cost-cutting move
  • Clinton book has sold more than 300,000 copies
  • Hillary Clinton’s “What Happened” had a big debut.
  • Toys ‘R’ Us bankruptcy: How $5B debt caught up to toy retailer
  • White House vows quick action as Harvey aid estimates soar

 

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here

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

S&P 500 2,508.24 +1.59 (+0.06%)

Dow 30 22,412.59 +41.79 (+0.19%)

Nasdaq 6,456.04 -5.28 (-0.08%)

Crude Oil 50.29 +0.81 (+1.64%)

Gold 1,302.90 -7.70 (-0.59%)

Silver 17.18 -0.09 (-0.54%)

EUR/USD 1.1895 -0.0099 (-0.83%)

10-Yr Bond 2.277 +0.034 (+1.52%)

Russell 2000 1,445.42 +5.02 (+0.35%)

9MarketIndicatorsYahooFinance9.20.2017DailyBusinessNewsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value

 

 YahooFinanceManufacturedHousingCompValue9.20.2017DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

Today’s Big Movers

For all the scores and highlights on tracked stocks today, see the Bloomberg graphic, posted below.

Today’s MH Market Spotlight Report – 

Egregious and Unacceptable,” Fed Chair about Manufactured Home Connected Lender, Spotlight Report

 FedChairJanetYellenMarketwatchDailyBusinessNewsMHProNews

At a press conference Wednesday, Federal Reserve Chairwoman Janet Yellen was asked about possible enforcement actions against Wells Fargo.  As MHProNews has previously reported, Wells Fargo is one of the larger lenders in the manufactured housing mortgage space.

Warren Buffett led Berkshire Hathaway has significant stake in Wells Fargo.

Yellen initially said that what Wells Fargo (WFC, +0.73%) did was “egregious and unacceptable,” per MarketWatch.

Democratic Sen. Elizabeth Warren (MA) has asked the Fed to remove the board of directors at Wells Fargo.

“We take our supervision responsibilities of the company very seriously, and we are attempting to understand what the root causes of those problems are and to address them,” Yellen said. “I’m not able to discuss confidential supervisory information and not yet able to tell you, but we’re committed to taking the actions we regard as necessary and appropriate to make sure the right set of controls are in place in that organization.”

Pressed to say when the Fed would act, Yellen offered: “We’re working very hard on it.”

The bottom line is that Wells Fargo may still face a penalty from the Federal Reserve for opening millions of unauthorized accounts.

HMDAData2015ManufacturedHousingCompetitorInformationDailyBusinessNewsMHProNews

Because of its structure, Triad Financial Service does not appear on the HMDA data. Sources suggest to MHProNews that Triad would come in above San Antonio Credit Union, which has since undergone a rebranding to its new name of Credit Human.

 See Recent Exclusive 1 Year Snapshot of All Tracked Stocks

http://www.MHProNews.com/blogs/daily-business-news/manufactured-housing-industry-markets-wall-street-reacts-to-trumponomics-1-year-data-snapshot/

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

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

Manufactured Home Industry Connected Stock Markets Data

9.20.2017DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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

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

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

Your link to a recent round of industry praise for our coverage, is found here.

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

We Provide, You Decide.” © ## (News, Analysis.)

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

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

 

 

POTUS UN Effort Seeks New International Reforms, MH Industry Market Updates

September 19th, 2017 Comments off

CNNmoney11.19.2017ManufacturedHomeStocksMarketsReportsMHProNewsIf you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports’ are found further below, just beyond the Manufactured Housing Composite Value for today.

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.

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

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

MH “Industry News, Tips and Views, Pros Can Use.” ©

Selected headlines and bullets from CNN Money:

 

  • Trump makes false jobs claim at UN
  • Fiat Chrysler recalls nearly 500,000 pickup trucks
  • Slam dunk for Adidas as sales top Nike’s Jordan line
  • Equifax’s troubles keep piling up
  • Americans worried about Equifax. But not taking action
  • Twitter has shut nearly 1 million terrorist accounts
  • Ellen Pao: I turned down millions to tell my story
  • Germans are falling out of love with their carmakers
  • Chipotle’s recovery hopes melt with ‘gritty’ queso
  • 3 signs you’re living beyond your means
  • This pension fund is now worth $1,000,000,000,000

Selected headlines and bullets from Fox Business:

  • Trump administration prepares to ease export rules for U.S. guns
  • Wall St edges up on financials as Fed eyed
  • Oil edges off recent high ahead U.S. stock data, OPEC meet
  • Hurricane costs give Fed fresh challenges
  • Trump’s fiery UN speech earns him international praise
  • Fox News: Powerful 7.1 magnitude quake shocks Mexico City
  • Trudeau adds fuel to Boeing dispute with renewed pressure to drop Bombardier trade complaint
  • Nike, Under Armour struggles to continue: Wells Fargo
  • Fiat Chrysler recalls 443,000 Ram trucks for fire risk
  • Why Amazon’s tax bill is puny compared to rivals
  • Kathy Ireland Worldwide will remain a private company: Kathy Ireland
  • Judge Napolitano on FBI wiretapping Manafort: How could Comey not know?
  • GOP has potential agreement on tax reform cost
  • Tax reform push irking deficit conscious lawmakers
  • States expand investigation of opioid makers, distributors
  • Retail Apocalypse: 20 big retailers closing stores in 2017
  • Millennial home buying, saving challenges could hurt the overall economy

 

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here

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

 

S&P 500 2,506.65 +2.78 (+0.11%)

Dow 30 22,370.80 +39.45 (+0.18%)

Nasdaq 6,461.32 +6.68 (+0.10%)

Crude Oil 49.58 -0.33 (-0.66%)

Gold 1,314.20 +3.40 (+0.26%)

Silver 17.35 +0.19 (+1.13%)

EUR/USD 1.1994 +0.0043 (+0.36%)

10-Yr Bond 2.243 +0.014 (+0.63%)

Russell 2000 1,440.40 -0.68 (-0.05%)

9MarketIndicatorsYahooFinance9.19.2017DailyBusinessNewsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value

 YahooFinanceManufacturedHousingCompValue919.2017DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

 Today’s Big Movers

For all the scores and highlights on tracked stocks today, see the Bloomberg graphic, posted below.

Today’s MH Market Spotlight Report – 

Today’s Spotlight – White House Reads to MHProNews

Several manufactured home production centers depend on imports and/or foreign labor. Saber rattling by “rocket man,” Kim Jung Un has routinely thrown wrinkles into U.S. and/or global markets. So the president’s trip and address to the United Nations (UN) is worth consideration.  The president said that “rocket man” was on a suicide mission, and that the U.S. may have totally destroy North Korea if Kim Jung Un’s nuclear program isn’t stopped.

PresidentDonaldTrumpUnitedNationsDailyBusinesNewsMHProNews

In a release to MHProNews, this is what the White House says it’s “reading” in the mainstream media today. 

Farnaz Fassihi and Eli Stokols of the Wall Street Journal write about President Trump’s comments to the United Nations, focusing on the President’s belief in the “tremendous potential” the U.N. has to become more effective and influential. The article states President Trump wants the organization to “focus more on people and less on bureaucracy,” and is dedicated to a variety of institutional overhauls. A U.S.-drafted 10-point document titled “U.N. Reform Declaration” asks countries to “commit to reducing mandate duplication, redundancy, and overlap including among the main organs of the United Nations,” and encourages U.N. Secretary General Guterres to “pursue impactful and field-centric management reforms,” Fassihi and Stokols report.

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The Daily Signal outlines several of the reforms that U.S. officials have said President Trump will be pushing at the U.N. General Assembly, saying he will “focus on ensuring that other countries take a more equitable burden to ensure international security, to demand greater accountability of U.N. officials, and to reduce the budget by eliminating duplication.”

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Regarding tax reform, Chris Edwards writes in USA Today “if the GOP focuses on pro-growth tax changes, we shouldn’t worry about the short-term hit to the deficit,” as the corporate tax rate cuts in countries like Canada and Britain show that a more competitive tax code will benefit America in the long run. Edwards states that over time, with a corporate tax rate cut, companies would “build more U.S. factories, bring foreign profits back home, and evade taxes less.”

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In Obamacare news, The Washington Free Beacon reports that “next year, average benchmark premiums for Obamacare plans are expected to rise 15 percent more than they did this year, according to projections from the Congressional Budget Office.”

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On Graham-Cassidy and the repeal of the Affordable Care Act, The Atlantic’s Russell Berman reports that the new GOP bill is gaining momentum as the White House has reengaged Republicans in an effort to guarantee a simple majority win before the September 30th deadline.”

 

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Third party images are provided under fair use guidelines.

 

See Recent Exclusive 1 Year Snapshot of All Tracked Stocks

http://www.MHProNews.com/blogs/daily-business-news/manufactured-housing-industry-markets-wall-street-reacts-to-trumponomics-1-year-data-snapshot/

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

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

Manufactured Home Industry Connected Stock Markets Data 

BloombergManufacturedHousingIndustryMarketReportsMHProNews

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

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

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

Your link to a recent round of industry praise for our coverage, is found here.

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

We Provide, You Decide.” © ## (News, Analysis.)

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

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