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“Razzle Dazzle,” Says Former Manufactured Housing Institute Member

March 26th, 2018 Comments off

RazzleDazzleManufacturedHousingInstituteMHILogoNewClassofHomesDailyBusinessNewsMHProNewsOnce you eliminate the impossible, whatever remains, no matter how improbable, must be the truth.” – Arthur Conan Doyle, per BrainyQuote.

An attendee of multiple MHI events who is an award-winning corporate leader who is also a Daily Business News reader explained what he called their “razzle dazzle.”

He specifically pointed out the Arlington, VA based Manufactured Housing Institute (MHI) trade association’s plans, naming their proposed “new class of homes.”

 

What has this extended MHI research and discussion actually accomplished?” – he rhetorically asked.

America’s affordable housing crisis is growing, yet MHI is still busy talking.”

Research may look like action, he said, but practically speaking, it is just another delay while the industry’s largest players continue to “consolidate” smaller ones

There is no denying that manufactured home production, retail, and communities continues to be absorbed into the hands of the larger MHI member companies. MHI’s own data – as well as third party research – confirms it.  Is that an accident? Coincidence? Or is it their plan?

ManufacturedHomesMarketShareMHIMembersClaytonCavcoChampionDaiyBusinessNewsMHProNews

If the proposed Skyline Champion deals is finalized, then 75 percent of the industry’s production will be in the hands of only 3 companies, all of which are MHI members, per data from MHI, and other sources.

 

 

It’s Razzle Dazzle.”

Another skeptical executive told the Daily Business News that it takes skill for MHI to be so wrong, or so late to the dance, so often.  to those MHI defenders who say it is only a ‘conspiracy theory,’ he pointed to numerous reports from inside and out of the factory-built home industry,  and then cited the opening Arthur Conan Doyle quote, used at the top.

When

  • the National Association of Homebuilders (NAHB) and the National Association of Realtors (NAR) are both saying that only more construction will ease the affordable housing crisis,
  • and MHI has demonstrably done nothing effective,
  • that requires arrogance, incompetence – or is it great skill?

In the wake of a recent Daily Business News report, some ask, is failure to advance the industry being rewarded through higher pay and bonuses to senior MHI staff? If that’s hard to imagine, then see the related MHI produced facts that prove that senior staff are getting more pay – plus “bonuses” – per MHI’s own reports; see that “Busted!” linked in the related resource reports, further below.

Given the various controversial allegations, trends, and mounting evidence against them and their dominant member – Clayton Homes and their Berkshire Hathaway sister operations – it’s understandable that a number of state associations that could, quit MHI. See that and other related evidence in the related reports, linked below.

MHI’s counting the number of potential readers their advertorials might have reached is pathetic, when you realize it only proves how ineffective their work actually is,” said an industry executive.

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MHI doesn’t prove they reached 83 million Americans, but even if that claim was true, doesn’t their own facts – upon careful consideration – only reveal how ineffective their work actually is? Some 92,900 new HUD Code homes were shipped in 2017, divided by 83 million MHI claimed = .0011192771, or about 1/10 of 1 percent. Furthermore, tens of thousands of new HUD Code manufactured home sales were already taking place, which means their claimed impact was even weaker than 1/10 of 1 percent. http://www.mhpronews.com/blogs/daily-business-news/we-want-your-money-2018-mhi-membership-infographic-fact-check/

 

Another pro told MHProNews that the huge claims MHI makes about their advertorials, social media and videos are either a fig leaf designed to make themselves look good, or are actually more evidence of their years of failure to advance their own stated agenda, take your pick.  See the graphic and fact-check above, using their own numbers.

There is in America today:

  • a 300,000 to 400,000 new unit annual new home production shortage,
  • the greatest need is in the affordable housing categories – facts according to the National Association of Realtors (NAR), and the National Association of Homebuilders (NAHB),
  • plus NAR and the National Low Income Housing Coalition NLIHC) have reported an 8.3 million units affordable housing units needed.

4 Concerns of Homebuilders Have Impacting Every American

What those facts imply is that it would take over a decade of producing record numbers of new manufactured homes to catch up to what America needs.

ManufacturedHomeShipmentTrendsPercentageNewHomeStartsSkylineChampionPowerPointMastheadBlogDailyBusinessNewsMHProNews

Using MHI and their members own data demonstrates that their so-called leadership in the past decade has witnessed the lowest levels of manufactured home production in the industry’s history. Why would a thinking person follow such failed leadership?

When you look at the facts, isn’t it obvious why Harvard researcher Eric Belsky predicted manufactured housing would dominate?

MultipleReasonsExpectManufacturedHousingDoBetterThanSiteBuiltHousingEricBelskyEecDirJointCenterHousingStudiesHarvardUnivDailyBusinessNewsMHProNews

At the time Belsky made this prediction, manufactured homes were selling over 250,000 new units per year. Yet in 2017, new home production was ‘back up to” only some 92,900 new home sales. In 2002, MHI was citing Belksy, why did they stop doing so after Clayton become their dominant member/producer?

 

Admissions and Excuses by Key MHI Professionals

Fancy power points and snazzy graphics – when carefully fact-checked against results – demonstrates a failure to be proactive that MHI member and former chairman, Nathan Smith himself stated.

MHI President Richard “Dick” Jennison argued for low production, why? Didn’t that just benefit the bigger companies that have bought out smaller ones at a bargain price?

The statements by past or current members of MHI are often blistering.  They’ve included, but aren’t limited to:

Smoke and mirrors,”
Ineffective,”
Illogical,” and most recently:
Razzle dazzle…

…call it what you will. The controversial report last week alleging Clayton is trying to kill off the Tunica Show is only the latest in a series that has a growing number of professionals saying, if there is smoke, there must be fire.

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But for the doubters and skeptics, once you “…eliminate the impossible, whatever remains, no matter how improbable, must be the truth.” – Arthur Conan Doyle.

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

Related Reports to Points Noted Above:

Busted! “Failure Bonus” Paid-Richard “Dick” Jennison, CEO Manufactured Housing Institute-per MHI Document$

MHI Lender Shakes Up DTS and MLO Rule Discussions

Warren Buffett Success Secret$, Video Interview Including “The Moat”

Kevin Clayton Interview-Warren Buffett’s Berkshire Hathaway, Clayton Homes CEO

“Follow the Money” – Controversial Urban Institute Report on Manufactured Housing

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

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

Sun Communities Annual Data and Manufactured Housing Industry Investor Presentation Highlights

Notice: if Berkshire Hathaway wanted to see manufactured housing sales grow rapidly, they could do their own media campaign. They own a number of media outlets.  See facts in their annual report, linked below.

Warren Buffett’s Annual Report to Berkshire Hathaway Shareholders, Clayton Homes and Manufactured Housing

FollowTheMoneyPayMoreAttentionToWhatPeopleDoThanWhatTheySayMartyLavin6MillionYachtManufacturedHousingIndustryDailyBusinessNews600

Lavin is an MHI award winner, and a success story in communities, retail and finance.

Marty Lavin Lashes the Manufactured Housing Institute’s (MHI) Latest Initiative

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MHI is currently spotlighting 5 operations, which in some ways is arguably a disadvantage to other MHI members.

Frank Rolfe Blasts MHI for Poor Media Engagement, Industry Reactions

Frank Rolfe, MHU/RV Horizons Protest by MHAction; Nathan Smith/SSK/MHI Flashbacks?

Warren Buffett’s Political Payoff$, THIPS, and Manufactured Housing

Manufactured Housing’s “Trojan Horse”

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http://www.mhpronews.com/industry-news/mharr-news/diversion-distraction-or-destruction-and-time-to-raise-the-red-flag

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(Third party image credits are as shown.)

Submitted by Soheyla Kovach to the Daily Business News on MHProNews.

SoheylaKovachManufacturedHomeLivingNewsManufacturedHousingIndustryDailyBusinessNewsMHProNews-Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

 

Rich Attkisson Dies, Manufactured Housing Career, Life Remembered

November 27th, 2017 Comments off

RichardAttkissonPassagesManufacturedHousingTMHADailyBusinessNewsMHproNewsWe are sad to report that Rich Attkisson of R.A. Financial passed away Friday, November 24,” said the Texas Manufactured Housing Association (TMHA).

Rich and his wife Dorothy were always present at the Annual TMHA Conventions and you could almost always find Rich on the golf course during the TMHA golf tournaments.  They were active members for over 30 years and very supportive of the Association and the industry as a whole.  Our thoughts and prayers go out to Dorothy the entire Attkisson family during this very difficult time,” per the association’s release to the Daily Business News.

Richard H. “Rich” Attkisson (aka “Big Daddy”) passed away on November 24th, 2017. Rich was born in Cleveland, Ohio, on May 8th, 1935 to John Attkisson and Eleanor Knittel Attkisson, the first of five children. The family moved to Elyria, Ohio, when he was young, where he grew up and graduated from Elyria High School in 1953,” per Caitlin Nauert, at the TMHA.

He joined the U.S. Air Force soon thereafter and proudly served his country for 12 years when he decided to try his wings in civilian life. His first civilian job was with Associates Finance Company, and he was in some type of financing the remainder of his life,” Nauert said.

R.A. Financial was primarily a used manufactured home lender, said the TMHA. The Associates was a significant new home lender in manufactured housing before pulling out due to the post-1998 industry meltdown.

Beyond sports, the TMHA noted that “Rich was very active in his Church, the Cibolo St. Paul Evangelical Church. He served on the Church Council, was co-chairman on the annual free Community Christmas Breakfast, and served monthly on the Church’s “Outreach Project”, serving free meals to needy citizens in the community.”

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Rich is survived by his wife of 52 years, Dorothy “Dolly” Katt Attkisson; daughter Kristina Attkisson and son Richard, Jr., Arlington, Virginia; step-daughter and son-in-law Karen and Alfred Mitchell, San Antonio; step-son and daughter-in-law Keith and Joane Rylander Williams, Austin; four granddaughters: Alice “Ali” Attkisson, Virginia Beach, Virginia; Brooke A. Attkisson, South Carolina; Cara E. Attkisson, Fairfax, Virginia; and Kasey A. Johnson, San Antonio; sister and brother-in-law Eleanor and William “Bill” Parmenter; brother and sister-in-law Jack and Pam Attkisson; brother Robert “Bobby” Attkisson, all of Elyria, Ohio, and sister and brother-in-law Ruthann and Jim Nemeth, Wakeman, Ohio; sister-in-law and brother-in-law Sylvia and Robert “Bob” Seiler, San Antonio, and sister-in-law Viola “Bootsy” Norwood, Abilene; as well as numerous nieces and nephews in Ohio, Florida, Texas, and Oklahoma,” wrote Nauert.

Rich is preceded in death by his parents and nephew William “Billy” Parmenter.

Visitation will be held at Sunset Funeral Home on Austin Highway, on Tuesday, November 28th.  It will be from 6:00 to 800 P.M.

Funeral Services will be held at Cibolo St. Paul Evangelical Church, 108 South Main Street, Cibolo, at 10:00 A.M on Wednesday, November 29th. The memorial services will be conducted by Pastor Jason Ford and Rev. Chester Sassmann.

MHProNews extends its condolences to all those touched by the loss.  May Rich Attkisson rest in peace. ## (Passages, obituary.)

(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 Contrasting Interviews – Frank Rolfe, on recent Media Attention – Chris Parrish, former Chairman of the National Communities Council

September 1st, 2015 Comments off
StudyInContrasts-CalmChrisParrishControversialFrankRolfe-postedDailyBusinessNews-com-

Two Entirely Distinct Interviews and Perspectives on Manufactured Housing Communities, MHI and the NCC are found in what we expect will be “read hot” interviews on MHProNews.com.

They are both from the MH Communities sector of manufactured housing. They live in different parts of the U.S.. They could readily be described as a study in contrasting styles and views.

As was reported on the Masthead blog, and the Daily Business News earlier today, the new September issue of MHProNews brings you two very different interviews with two very different industry personalities, who have MHCommunities in common.

On the one hand is Frank Rolfe, who has recently garnered more controversial mainstream media attention to MH. That attention brought a series of comments to MHProNews, so we opted to put those questions to him directly. His unedited responses to some pretty tough questions are found at the link below. Warning: some of his comments will be deemed contentious by many in MHLand.

http://www.MHProNews.com/home/featured-articles/september-2015/138-general-manufactured-housing-industry-topics/10162-controversial-media-reports-the-guardian-a-kvue-on-the-record-interview-with-frank-rolfe-of-mobile-home-university-mobilehomeparkstore-rv-horizons

On the other side of some issues that Frank seems to represent in the minds of many is Chris Parrish. The soft-spoken NC community operator has also garnered media and industry attention, but without the cloud of controversy. They take and bring two very different perspectives on MHI, the NCC and other topics. Each has their followers and fans. The Chris Parrish interview is linked below.

http://www.MHProNews.com/home/featured-articles/september-2015/138-general-manufactured-housing-industry-topics/10155-a-cup-of-coffee-withchris-parrish

15 more Featured Articles are now live on the MHProNews.com home page. Expect a record setting month, as there are over a dozen topics that will challenge, inform and inspire.

Industry feedback on these interviews or other topics are welcomed. ##

(Image credits: Parrish Manor, Mobile Home U with text overlay by MHProNews).

Kremydas says next 100 days in DC critical for housing recovery

October 4th, 2011 1 comment

Nick Kremydas SC RE  U.S. Rep. Jim Clyburn, who is a member of the Joint Select Committee deficit - Post and Couriier and APPostandCourier reports that Nick Kremydas, Chief Executive Officer of South Carolina Realtors said: “Our national association says these next 100 days could be a real turning point, or a critical time when the government and these agencies failed to respond to the crisis.” “This is by far the most extreme (time) in terms of the potential for changes,” said 18 year veteran Mikell Richards of First Federal of Charleston, president of the Mortgage Lenders Association of Greater Charleston.  With the so-called super committee on deficit-reduction meeting now, issues like the Mortgage Interest Deduction (MID), Federal Flood Insurance and mortgage rules under Dodd-Frank all hang like daggers over the quivering heart of the housing industry.   U.S. Rep. Jim Clyburn, who is a member of the Joint Select Committee working on deficit reduction plans. Kremydas said Clyburn “told us frankly that there are many people in Washington interested in scaling back or eliminating MID (mortgage interest deduction) on second homes.”  Richards said the mortgage bankers are waiting for a decision from the Dodd-Frank established Consumer Financial Protection Bureau. Public comment has ended, and a decision may not come until 2012.  Dodd-Frank required at least 5 percent risk retention by lenders unless loans are considered a “qualified residential mortgage.” Dodd-Frank did not define what a “qualified residential mortgage” is and under proposed rules, a qualified residential mortgage could be one where the buyer makes a down payment of at least 20 percent.  This is seen by many professionals as a knee jerk over-reaction to the no down, no docs ‘liar loans’ before the mortgage/housing bubble burst. Large losses following events such as Hurricane Katrina has caused the Federal Flood Insurance program to at times be suspended while temporary federal funding is past. That slows loan closings and causes some loans never to close at all.  A 5 year extension in the program would avoid those issues.

(Nick Kremydas (l) U.S. Rep. Jim Clyburn (r) photo credit: Post&Courier and AP)