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Posts Tagged ‘MHI’

Rep Jeb Hensarling Applauds Appointment of Dr. Mark Calabria to Head FHFA

December 12th, 2018 No comments

 

RepHenserlingMarkACalabriaCATONextFHFADirectorManufacturedHousingIndustryDailyBusinessNewsMHProNews

The drama of the changing of the guard at the Federal Housing Finance Agency (FHFA) that oversees the Government Sponsored Enterprises (GSEs) of Fannie Mae and Freddie Mac has been duly tracked by the Daily Business News on MHProNews.

 

 

One of those barn-burners around allegations of sex and sleaze is found at the link below.

 

Mel Watt – FHFA and MH Connected Hearing Today to Feature Sexual Misconduct Allegations

 

For those who listened to the Manufactured Housing Institute (MHI) call outgoing FHFA director Mel Watt a ‘champion’ for the industry, the 10-year delay of getting meaningful Duty to Serve for manufactured housing should be the latest reminder of why MHI’s word arguably ought to raise an immediate question mark.

The move to bring Dr. Mark Calabria should be closely watched, because it could signal possible changes over the horizon on the GSEs, including – but not limited to – the Duty to Serve (DTS) manufactured homes.

MarkACalabriaCATOInstituteDailyBusinessNewsMHProNews

A press release today from House Financial Services Committee Chairman Jeb Hensarling is below.  A related report, on DTS is found further below.

HouseFinancialServicesCommitteeFHFADailyBusinessNewsMHProNews

 

WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement today praising the nomination of Dr. Mark Calabria to serve as Director of the Federal Housing Finance Agency (FHFA).

“The American $10 trillion mortgage market is the envy of the world, and to keep us on top we need an FHFA Director who is dedicated to capitalism and economic growth.  Dr. Calabria is that man.  He knows what it takes to re-energize our housing industry and to promote responsible growth that rewards investors and attracts foreign dollars into our economy. At a moment in time when the future of housing finance policy in our country will be permanently shaped by the next FHFA Director, I can think of no better or more responsible person for the role than Dr. Calabria and applaud President Trump for his outstanding pick.”

###

See the related reports for more details on the prior and more recent developments on this issue.  “We Provide, You Decide.” © ## (News, analysis, and commentary.)

NOTICE: Readers have periodically reported that they are getting a better experience when reading MHProNews on the Microsoft Edge, or Apple Safari browser than with Google’s Chrome browser. Chrome reportedly manipulates the content of a page more than the other two browsers.

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

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

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“Waste, Fraud, and Abuse” – FHFA, GSE Federal Oversight Announcement

Warren Buffett, Charlie Munger, Fannie Mae, Freddie Mac, Berkshire Hathaway Backstory

“What Are We, Chopped Liver?” MHI Member December 2018 Reactions

 

 

 

 

 

 

Louisville and Tunica Manufactured Housing Shows, Controversial Profitable, Problematic Issues Loom

December 10th, 2018 No comments

 

LouisvilleTunicaManufacturedHousingShowControvesyProfitsProblemsDailyBusinessNewsMHproNewsLogoDailyBusinessNewsMHproNews

Manufactured housing trade show season begins in only a few weeks. First at Louisville, then about 2 months later at Tunica, independent producers of HUD Code manufactured homes, state coded modular housing, ANSI code RV ‘Park Model,’ and tiny houses are among the types of factory-built housing products that are routinely on display.

 

 

In addition, there are dozens of exhibition booths, with products, services, and associations being represented.

The formal show dates are as follows:

  • Louisville Manufactured Housing Show are Jan 30, 2019 – Feb 1, 2019
  • The Tunica Manufactured Home Show dates are March 26-28, 2019.

 

 

Good, Bad, and Controversial

These association-connected industry-only trade events are an important part of the industry’s business model for numerous operations.  Millions of dollars in business is done every year at these venues. That’s good.

There are several controversial aspects to these events in recent years, some of which are problematic, missed opportunities, or potentially risky – and that’s arguably bad.

For example, informed sources with deep ties to Show Ways Unlimited, the contracted event company, have told the Daily Business News on MHProNews that Clayton Homes has purportedly attempted to undermine the Tunica Show.

 

Tunica, Nashville Trade Shows and Manufactured Housing Glory Days

 

An award winner with connections to the association that runs the Tunica Show told MHProNews recently that, “I have consistently said over this last decade that SOME in our industry focus on an entirely different goal every morning: “What can I do today to make my competition go away?” – vs. merely trying to grow one’s sales, profits, CSI, etc.  It was a reference to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and Finance, Shaw, and other brands operating in the professional side of the manufactured housing industry – MHVille.

Furthermore, show sources remind MHProNews that Clayton Homes only entered the Louisville Show initially as a “defensive” move, which they naturally tried to use to grow the Berkshire Hathaway “moat.”

It was largely independents – not Clayton – that brought the Louisville Show back.  That was accomplished working in conjunction with MHProNews to make the event a success. MHProNews drew praise from show management and association leaders alike, as the example further below reflects.  As one source said, the only difference between the declining years of manufactured housing’s Louisville Show and the successful turn-around of the same Louisville Show was the promotional work of MHProNews.  While the industry was in decline, that was essential.

Now that the industry is modestly growing, running a decent show is arguably easier.

A source at Show Ways also accused “the Claytons” of sabotaging the Carolina trade show, which has since been canceled. They are concerned that Tunica could go the same way.

 

 

MHVillage – a high-profile member-supporter of MHI – have been given a leadership role at these events, in “educational,” and other matters.  Where has MHI leadership led the industry?

The industry has quietly spoken about MHVillage’s interestingly named, MH Insider.  Has there been anything but praise from MH Insider toward MHI or Clayton?

The industry’s members have left scores of copies of that glossy, slick-publication unread, on the racks. See that photo, taken on the last day of the show, further below.

 

Every Year, the Same Questions from Exhibitors

Factories bear the brunt of the cost for putting on a trade show. Booth exhibitors pay to display too.

Those exhibitors have asked MHProNews’ publisher – L. A. ‘Tony’ Kovach – for years, ‘why aren’t these trade shows opened up to the public?’

Good question.

At the Kentucky Expo Center (KEC), RV and boat shows are among the events that have “public days” have been done for years. When RV sales soared past manufactured housing in the last 2 decades, one must ask, why aren’t these costly MH Industry events also extended for a few more days, like some RV events have done?

Yes, there’s added costs, but there’s more benefits too.

The old Bartle Hall MH Show in Kansas City had public days for manufactured housing.  More recently, so did the Tulsa Show.  Thousands of locals came to tour manufactured homes on those public days.  That can only be a positive for the industry. The Ohio association had a public show too.

shoppers-manufactured-homes-eastern-ohio-home-show-credit-omho-ribbon-cutting--posted-masthead-blog-mhpronews-com

Public days at the Ohio manufactured home show.

 

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Danny Ghorbani, former MHI VP, later MHARR’s President and CEO.

According to former MHI Vice President Danny Ghorbani, the industry had two national shows up until the mid-1980s.  At Louisville, per Ghorbani – who was in charge of the event circa 1976 to 1985 – after the completion of industry days, manufacturers turned over the displayed models homes to their retailers.  Those public days were successful for the industry.

Public days also attracted positive regional and national media.   So, while there was some added costs, there was a serious, positive payoff.

Sources also say there were more international visitors to the event in those days too.  The Louisville event was far bigger, as the graphic further below suggests.

After Ghorbani left MHI to help form what is now MHARR, the Louisville show became a regional show, operated by 5 state associations, that contracted out show management.

 

It Was Successfully Done Before, Why Not Today?

Show Ways Unlimited – who operate the two trade shows now – has given their formal reasons for why they don’t do public days. But privately, it is hard for them – or anyone else – to argue that there are good reasons to do public days at Tunica and Louisville.

In hindsight, the question is arising — is that lack of public days one more ploy by MHI backed Clayton, et al?  Even if not, isn’t it an obvious oversight?

 

2018-12-10_153KECManufacturedHousingIndustryDailyBusinessNEwsMHpronews

According to Danny Ghorbani, there were homes throughout the show hall, not just one wing. There were so many shows, models were on display outdoors too.

 

Dennis Hill and Retirement

Furthermore, Dennis Hill is going to step aside at some point in time. When that happens, what will happen to the independents and non-Berkshire Hathaway exhibitors – especially if pro-MHI, pro-Clayton forces – like MHVillage – take over the show completely?

These are real issues that the manufactured housing industry’s independents need to address.

In the meantime, the parent company for MHProNews – LifeStyle Factory Homes, LLC – could provide the industry’s independents with several ways to turn the tables on MHI and the big boys like Clayton, 21st, Vanderbilt, Shaw, MHVillage, and others closely aligned with them.  Those MHI insider forces arguably have manipulated matters to favor the ‘insiders’ at various events.

MHInsiderManufacturedHousingINdustryDailyBusinessNewsMHProNews

MHProNews blows away the engagement rate of all other industry trade media, per third party information and visual evidence, like what these photos on the last day of the show last year revealed.

For example, the MHVillage’s Louisville and Tunica websites have purportedly been arranged, to spotlight ‘MHI Insiders’ over independents.  For example, notice how they conveniently have the drone fly over the MHI booth, and the 21st Mortgage booth too?

The same is true of the MHVillage (MHV) led ‘education.’  It must be noted – not as a put-down, but as an evidence based reality – that Darren Krolewski has admitted publicly in front of dozens of industry professionals at Tunica last year that he can’t explain why so few visitors to their website actually become buyers.

Using their own data, just a small fraction of a single percent of MHV surfers become manufactured home buyers, and most of those buyers turn to a pre-owned home, not a new manufactured home.

The industry doesn’t need more glossy happy talk. It needs reality, which includes proven ways to grow the industry to its true potential, which during an affordable housing crisis should be 5 to 10 times (+/-) current shipment levels.

 

 

Boosting Results for SPOTLIGHTED Independents

The issues noted herein or elsewhere could be flipped, by creating synergies with LifeStyle Factory Homes owned trade show websites in conjunction with select independents.

Given the large investments that companies make to display at Louisville and Tunica, some additional marketing support only makes sense to help insure a more successful event for a given company.

These 2 trade events could also be used as opportunities to better establish new post-production associations to compete with MHI and the ‘big boys’ allied with the Berkshire brands.

The original Louisville and Tunica show websites are now the web properties of LifeStyle Factory Homes, and can be used to promote SPECIFIC companies – like your company – before, during, and after a given event.   That can be done with budgets starting from $500 to $15,000 (+/-), the later of which can include videos and other longer-term promotional items.

Or, live educational events could be included for select company(ies) products and services.  Those educational events can be organized to promote a company-specific product or service.

As the promoters of MHIdea have noted,if the industry keeps doing the same things, the same ways, with the same people, then those companies will keep getting the same results.’

The latest MHI email – if accurate – no longer projects an increase of shipments to 100,000 units for 2018. That’s a warning sign.  As Jenny Hodge at MHI said in their emailed message today:

The seasonally adjusted annual rate (SAAR) of [new HUD Code manufactured home] shipments was 92,236 in October 2018, down 2.8% from the adjusted rate of 94,877 in September 2018. The SAAR corrects for normal seasonal variations and projects annual shipments based on the current monthly total.” Are these the people the industry’s independents need to be following?

More details will be provided in the days ahead as plans and potential synergies emerge.  The return of more ‘dealer days’ could be a win-win-win. Those kinds of proven concepts need to be revived, and could be in 2020. But in 2019, more successful promotion of specific companies could set that stage.

There’s more words heard…

But first things first.  It is wise to start in to explore opportunities for individual companies at Louisville or Tunica in 2019 to get their results up.  To explore 2019 and 2020, you can click to email tony@mhmsm.com or call 863-213-4090.

 

TimWilliamsOhioManufacturedHomesAssocExecDirectorRecommendationTonyKovachMHProNewsLouisvilleManufacturedHousingShowPromotion

 

It was MHProNews – in conjunction with others – helped lead-the-charge for the comeback of the Louisville Show, and kept the Tunica Show from sliding backwards when Clayton pulled much of their inventory out. We’re planning to be a part of not just spotlighting problems other trade media avoid mentioning, but of providing profitable solutions to industry independents too. That’s MH “Industry News, Tips, and Views that Pros Can Use,” © where “We Provide, You Decide.” © ## (News, analysis, and commentary.)

NOTICE: Readers have periodically reported that they are getting a better experience when reading MHProNews on the Microsoft Edge, or Apple Safari browser than with Google’s Chrome browser. Chrome reportedly manipulates the content of a page more than the other two browsers.

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

1) To sign up in seconds for our MH Industry leading emailed news updates, click here.

ManufacturedHomeIndustry#1HeadlineNewsMHProNews

To see a sample of our emailed news update, click here. To sign up for the factory-built home industry’s #1 headline news, click here or the graphic above.

2) To provide a News Tips and/or Commentary, click the link to the left. Please note if your comments are on-or-off the record, thank you.

3) Marketing, Web, Video, Consulting, Recruiting and Training Re-sources

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

Related Reports: Click the Boxes Below to Read More...

From Entry Level to Elegant – Inside Look at the Louisville Manufactured Housing Show

“Pants on Fire” – Latest New Manufactured Housing Shipment Report

 

 

“Servants of Satan” vs. Servants of God – Ex-GreenTree, Conseco, Current & Past MHI Members Sound-Off on Clayton, MHI, POTUS Trump, Bush 41, More

December 5th, 2018 No comments

 

SevantsofSatanGodExGreenTreeConsecoCurrentPastHIMembersSOundoffClaytonMHIPotusTrumpBush41MoreDailyBusinessNewsMHProNews

The number of former Conseco, Greentree, and other now defunct industry lenders that are still working in manufactured housing (MH) is not insignificant.

 

Similarly, as MHI bleeds staffers and members on a periodic basis, past or current members and staff are among those who message or call MHProNews with feedback and insights.

Some calls are discussions. From my vantage-point near publisher and industry consultant L. A. ‘Tony’ Kovach’s office, this writer can often hear the vigorous back-and-forth with callers discussing current or looming manufactured housing industry issues.

Other calls are listening sessions.  Given the opportunity to candidly talk shop, people do.  It is not entirely clear why Tony listens more on some calls, but speaks more on others. Perhaps it is instinct? Experience? Whatever the case, he revels in calls from both those who agree and those who bring a different perspective.

Some callers make little or no mention of faith, while others wittingly or not lace their conversations or messages with references to God, and at times, to the devil.

What is occasionally heard or read, like the start of the headline above, you simply can’t make up.  It’s what the president of a company recently referred to as the fresh, authenticity of what he reads here on the Daily Business News on MHProNews.

It is no surprise that with the airwaves, digital, and social media awash in news about the passage of George H.W. Bush, the 41st President of the United States (POTUS), that MH Industry readers are thinking about him and his legacy too.

Some respected the man, his military and federal service, while others opposed specific Bush 41 policies.

 

MHI and Clayton Fans

There are calls and messages from self-proclaimed happy MHI members – or happy members of Team Clayton – who are among those messages and calls.

It is interesting to note that those pro-MHI or Clayton folks may not disagree with any specific points of Daily Business News on MHProNews reporting and analysis. But they nevertheless want to simply say that they are “happy” with the Arlington, VA based trade organization, or are “happy” with a Knoxville metro-based Clayton, 21st, or Vanderbilt, etc.

It is noteworthy that some of those “happy with” Arlington or Knoxville callers or messages then go on to specifically confirm items we’ve recently reported.

For example, yesterday’s report about quality issues at Clayton – with said report available by clicking the linked box, below – brought confirmations of sales lost to pending customers who had signed up to buy a Clayton manufactured home.  They have a significant fall out rate, we are told.  That fall out rate are prospective buyers who cancel their purchase after the initial paperwork was signed, or even after financing was approved. Again, ICYMI, you can read that report by clicking the linked box below.

 

Reputation Defense – Clayton Customer’s Video Slams “Fake Studs” vs. Clayton Homes’ Image Video -Comparisons

 

The social side of MHI is perhaps the part that most professionals like the most. Among the mentions are people who like Nathan Smith. Tony has said, he’s a very likable fellow.

One MHI member messaged to say that just because Nathan had supported Andy Barr’s opponent, that doing so didn’t make Nathan or MHI backstabbers.

A fairly common point from calls or messages is the fact that some professionals skim instead of read. A defender of former President Barack Obama, for example, admitted that they skimmed a report instead of reading it carefully.  That’s happed with those who don’t yet see the “smoking gun” of Clayton, MHI and monopolistic practices.

But upon careful inquiry, they are often those who have skimmed instead of carefully read Smoking Gun 3, may have missed it entirely, or haven’t viewed the full video with Kevin Clayton found on the in-depth report accessed by clicking on the hot-linked box below.

 

Machiavellian “Godfather” – Sam Zell, Warren Buffett, Capital, Lending and Crossed Lines in Manufactured Housing

 

While praising President Donald J. Trump publicly is often sadly frowned upon in some circles, the numbers who call or message to praise POTUS 45’s “genius” are numerous.

By contrast, the president’s detractors often are concerned about his style, tone, or tweets over substance.

When asked, POTUS Trump skeptics often grudgingly admit they have liked the results of several of the president’s policies.  That’s a start…

 

 

Updates on NMHCO, MHIdea?

As dues/membership renewal time for MHI is drawing near, the inquiries for more information about the emerging national communities group or MHIdea are growing too.

Change doesn’t come easily to many. They like being part of an association, even if the association is – in their own view – failing. Some are open to switching to a new group, but they naturally want to know what they are switching away from and into.

We expect, per a well-placed source, an update from NMHCO in the near term.

Perhaps the two most common words heard or read are “thank you.”

There is fatigue, frustration, or even anger expressed among those who see only “happy talk” or “more empty promises” from MHI or Berkshire brands.

Some genuinely believe that specific industry members are de facto servants of Satan.” It is interesting to note that they are often the same souls as those who think that President Trump will go down in history as one of the greatest American presidents of all time.

As newer or veteran MH professionals talk – sometimes with unease – about various trends they are seeing at communities, retail centers or ‘big boy’ factories, a common theme is the stated or implied need for real, positive change in manufactured housing. Their “thank you” theme is heartfelt, because they know that failure to act in new ways will only result in more of the same.

#HousingChoice. #YimbyVictory2020 or #2Trillion will only occur with positive effort, and that requires changes.

A special report is planned for later today or tomorrow, barring the unforeseen. That’s a quick and balanced look at some of the message bag and phoned in feedback from the field and ivory towers in MHVille. “We Provide, You Decide.” © ## (News, analysis, and commentary.)

NOTICE: Readers have periodically reported that they are getting a better experience when reading MHProNews on the Microsoft Edge, or Apple Safari browser than with Google’s Chrome browser. Chrome reportedly manipulates the content of a page more than the other two browsers.

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

1) To sign up in seconds for our MH Industry leading emailed news updates, click here.

ManufacturedHomeIndustry#1HeadlineNewsMHProNews

To see a sample of our emailed news update, click here. To sign up for the factory-built home industry’s #1 headline news, click here or the graphic above.

2) To provide a News Tips and/or Commentary, click the link to the left. Please note if your comments are on-or-off the record, thank you.

3) Marketing, Web, Video, Consulting, Recruiting and Training Re-sources

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

Related Reports: Click the Hot-Linked Boxes Below to Read More…

An Area of Agreement Between Warren Buffett and MHProNews

“Pants on Fire” – Latest New Manufactured Housing Shipment Report

#$2Trillion U.S. GDP Growth via Affordable Housing Plan Few Discuss – Introducing #YimbyVictory2020

 

 

 

 

“Pants on Fire” – Latest New Manufactured Housing Shipment Report

December 4th, 2018 Comments off

 

PantsonFireNRCC-LatestNewManufacturedHousingShipmentReportDailyBusinessNewsMHProNews

Liar, Liar, Pants on Fire…”

    part of a children’s rhyme to discourage dishonesty.

 

You want to be very careful about lying;

otherwise you are nearly sure to get caught.”

   Mark Twain, advice to youth, per Speakola.

 

Just because something isn’t a lie does not mean that it isn’t deceptive.

A liar knows that he is a liar, but one who speaks mere portions of truth

in order to deceive is a craftsman of destruction.”

   Chris Jami, according to Goodreads.

  

 

Facts and evidence can be nettlesome things.

The latest new HUD Code manufactured home shipment data is in. And the timing couldn’t have been worse for the Manufactured Housing Institute’s (MHI) new video, which brags about how much they are doing to promote the sales of more manufactured homes.

Can you spell ‘embarrassing?’

 

For the second month in a row, the shipments of new HUD Code manufactured homes are down, albeit modestly. But during the same timeframe that Kevin Clayton, CEO of Clayton Homes, and MHI’s SVP Lesli Gooch have taken to mainstream and other industry news media (not us) to claim how manufactured housing is being embraced as a solution to the affordable housing crisis, the shipment levels have dipped two months in a row. 

Ouch. Embarrassing…

According to the latest data from HUD, and the analysis of the Washington, D.C. based Manufactured Housing Association for Regulatory Reform (MHARR), shipments declined .5 percent over the same month last year. 

 MHARROct2018ManufacturedHousingIndustryProductionReportDailyBusinessNewsMHProNews601

 

As MHProNews has alone been reporting to the industry’s professionals for months, there have been numerous warning signs on the horizon.

It’s not a disaster. But it is a cause for quiet concern among some of MHI’s larger members, and the independents alike. There are firms like Legacy Housing that in their recent IPO filing are reporting sales growth that bucks the national trend.  For more details on that, click the box below for that distinctive report.

Legacy Housing IPO, Lending Tree, & New HUD Ruling Updates

 

But the national data clearly reflects that overall, sales for the manufactured home industry at large have slipped. State data, as the Daily Business News on MHProNews has reported, reflects the fact that at least two of the top ten manufactured housing states examined have been losing sales, not gaining them.  One of those exclusive MHProNews reports is available by clicking the box, linked below, which has distinctive but related data with analysis.

 

Another Top Manufactured Home State is Sliding on New HUD Code Home Shipments, More New Data

 

One informed source with long ties to Clayton has said that there are troubling rumors coming from production centers tied to their parent company in Knoxville, TN. Time will tell.

And this two month dip arguably belies MHI’s razzle dazzle claims in their new video, just as the Daily Business News on MHProNews has been warning.  See the previously reported screen captures of the latest MHI video, presented as a collage, below.  Using their own data, taking them at their word, doesn’t it prove the latest national shipment report clearly demonstrate the opposite of what they are claiming?

 

ManufacturedHousingInstituteLogoMHILogoScreenCpaturesMHIvideostatisticalclaimsDailyBusinessNewsMHproNews 

 

Let’s make it simple.

   Over 1/3 of the U.S. are renters.  That represents millions upon millions of potential buyers.

   The National Association for Realtors (NAR) said earlier this year that the nation needs 8.3 million more housing units.

   The National Low Income Housing Coalition (NLIHC) says the nation needs for more affordable housing rental units have risen from 5.8 million to 7.2 million units, per Curbed.

   Manufactured homes are the most affordable kind of new permanent housing in the nation, per NAR’s 2018 research.

   Site builders are stalling on sales, due in part to rising costs and interest rates.

   All of the above are historic reasons why manufactured home sales normally should be rising.

   The RV industry went from trailing manufactured home shipments by 3 to 2 two decades ago, to now outselling manufactured homes by a ratio of some 5 to 1.

   If RVs could grow so much, why not MH?

   And yet given all of the bullets above, new HUD Code manufactured home sales are slipping nationally? Two months in a row?

   How can Kevin Calyton, Tim Williams, Richard ‘Dick’ Jennison or the MHI staff show their faces at Louisville with these troubling results?

 

See MHARR’s full report, by clicking the linked box below.

Production Flatline Continues in October 2018

 

See last month’s HUD Code shipment data by clicking the linked box below.

September 2018 Manufactured Home Production Data Shows Slight Flatline

 

See our pro-active step one of our manufactured housing solutions report from last night, by clicking the linked box below.

 

#$2Trillion U.S. GDP Growth via Affordable Housing Plan Few Discuss – Introducing #YimbyVictory2020

ManufacturedHmeIndustryAchieveGreatPotentialAddressingResolvingCauseCorePerceptionIssuesLATonyKovachQuotePresentationPhoto

When MHProNews spotlighted that MHI had reputedly done nothing on reaching out to the CFPB in 2017, MHI – perhaps in their embarrassment – began to move to get something done. When MHARR pushed MHI long enough on the DOE energy rule, MHI finally pivoted. It seems that MHI acts for the interests they claim to stand for best when the spotlight hits their lack of action otherwise. Will this story cause them to actually do what their video purportedly claims they do?

SoTheAssociationMHIIsNotThereFortheIndustryUnlesstheinterestsoftheBigBoysJointheIndustry'sMartyLavinMHIAwardWinnerQuoteMHProNews

MHProNews looks at the facts, considers the sources, and follows the evidence. MHI earlier last year, and for years before, MHI routinely replied promptly to all inquiries. But since we’ve spotlighted the problems and concerns, they’ve gone silent. Why? If the facts are on their side, why not make or offer a cogent explanation?

To better understand the purported deceptions by Berkshire brands and the Arlington, VA based national trade group that they dominate, see the related reports, linked further below. We Provide, You Decide.” © ## (News, analysis, and commentary.)

NOTICE: Readers have periodically reported that they are getting a better experience when reading MHProNews on the Microsoft Edge, or Apple Safari browser than with Google’s Chrome browser. Chrome reportedly manipulates the content of a page more than the other two browsers.

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

1) To sign up in seconds for our MH Industry leading emailed news updates, click here.

ManufacturedHomeIndustry#1HeadlineNewsMHProNews

To see a sample of our emailed news update, click here. To sign up for the factory-built home industry’s #1 headline news, click here or the graphic above.

2) To provide a News Tips and/or Commentary, click the link to the left. Please note if your comments are on-or-off the record, thank you.

3) Marketing, Web, Video, Consulting, Recruiting and Training Re-sources

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

Related Reports:  Click the Boxes Below to Read More…

Crisis of Misinformation, Fact Checks, and Manufactured Housing

Nathan & Mary Lee Chance Smith, Leaders in ‘Anti-Trump Resistance,’ Manufactured Housing Impact?

Clayton’s Miss, Kevin and Tim’s Manufactured Housing Kill Shot, More

Machiavellian “Godfather” – Sam Zell, Warren Buffett, Capital, Lending and Crossed Lines in Manufactured Housing

 

 

Housing Choice, Where Modular, Manufactured, Tiny, Conventional Housing Crisis, MHI and MHARR Intersect

December 1st, 2018 Comments off

 

ClaytonHomesLogoManufacturedHousingInstituteLogoAssocRegulatoryReformHousingChoiceWhereModularTinyConventionalHousingCrisisSolutionMeets

Photos from Clayton website, and the logos are the properties of their respective organizations, provided here under fair use guidelines for news media. Text graphics and collage by MHProNews.

It is one of the most controversial issues in the manufactured housing industry today.  Through their apparent power at the Manufactured Housing Institute (MHI), Clayton Homes has backed the notion of a “new class of manufactured homes.”

 

It is a thorny issue, as there are various, divided views on the matter.

 

Certainly, every company has the right and ability to act according to its own perceived interests, within the norms of the law and ethical restraints.

  • If a production company so desires, it can build widget shaped homes and call it a new class of manufactured homes.
  • A firm or organization could say that all new homes should have bull-nosed exterior corners or inverted pyramid shaped roofs in order to get special financing from Fannie Mae or Freddie Mac.
  • Or one could use less esoteric notions, and opt instead for making gutters, downspouts, higher-pitched roofs, and garages available options.

But such details have arguably been incorrectly framed from the start.  Shouldn’t buyers of whatever kind of home they want that meets basic safety, energy, and durability standards be given equal choice for housing in the marketplace, and for financing too?

Rephrased, shouldn’t there be a simple mantra ofhousing choice applied?

The Government Sponsored Enterprises (GSEs) of Fannie Mae and Freddie Mac have a federal legal mandate since 2008 that they somehow managed to dodge for a decade. Now, instead of offering the lower-cost home-only lending that about 80 percent of manufactured home customers select, instead, they provided a program that is only useful for a new, untested, and special kind of HUD Code home?

  • That special kind of home is what Clayton said they wanted, why?
  • And why is that GSE lending pushing a program that is only for land-home loans, which leaves most land-lease communities and the bulk of the retail sales of manufactured homes out in the cold?
  • How do those forced-fits foster housing choice?

 

Housing Choice Should Become Part of the MH Industry’s Mantra

  • Shouldn’t those who want to buy an already federally regulated HUD Code manufactured home be allowed to choose that or any other kind of safe and durable housing they want and are able to purchase?
  • Shouldn’t all housing shoppers who can demonstrate the decades of proven durability of their housing choice be allowed to have the same kind of financing options that conventional housing buyers have been able to access for decades?
  • Shouldn’t home buyers have the right to buy an entry-level or residential-style HUD Code manufactured homes with parity of financing?
  • Isn’t parity of financing an important part of how potentially millions of more price- and payment-sensitive renters can afford to buy a home of their own?
  • So if the clear logic of all of the above are obvious, why did MHI, Fannie Mae, and Freddie Mac hold closed door meetings – refusing to release the minutes of said closed door meeting discussions – which resulted not in more chattel lending, but rather in loans geared only to this so-called, ‘new class of manufactured homes’ that are backed by Clayton?

 

Affirmatively Furthering Fair Housing, a Novel Yet Proven Solution to the Affordable Housing Crisis That Will Create Opportunities, Based Upon Existing Laws

 

Isn’t this new class of homes – and their accompanying Fannie and Freddie lending – just another back-door or oblique way of blocking access to more low-cost lending? Isn’t that effort obviously being led by the Berkshire brands in manufactured housing?  Doesn’t it remind you of the blast-from-the-past, courtesy of 21st Mortgage Corp, that is shown in their letter below?

 

21stMortgageCorpTimWillamsJune112009LetterBerkshireHathawayWarrenBuffettClaytonHomesManufacturedHousingIndustryDailyBusinessNewsMHProNews

Click the image above to download a larger sized version of this 21st Mortgage Corp Letter.

 

Isn’t this new class of homes merely a revised and open version of Smoking Gun 3, where 21st Mortgage cut off lending to thousands of operations that didn’t carry Clayton product?  See the linked report that follows immediately below, plus more related reports further below for added details.

 

Smoking Gun 3 – Warren Buffett, Kevin Clayton, Clayton Homes, 21st Mortgage Corp Tim Williams – Manufactured Home Lending, Sales Grab?

 

We Already Have Had State Coded Modular Homes for Decades, So, Why this ‘New Class’ of HUD Code Homes?

Several voices from various parts of the industry have noted that modular housing already – on paper – had access to the same land/home mortgage lending that conventional housing enjoys.

Indeed, FHA, VA, and USDA already give parity of lending to HUD Code manufactured homes, as well as modular housing, so long as a proper installation and other lending guidelines are met.

Many manufactured home producers already built both “HUDs” and state-coded modular homes.

But HUD Code manufactured homes have widely outsold modular home building for decades. MHI’s own periodic data reflects that point.

When the goal for thousands of land-lease manufactured home communities, hundreds of manufactured home retailing independents, and MHARR has long been to get the GSEs to fully support manufactured homes with personal property loans, where was the logic of MHI pushing ‘behind closed doors’ the use of GSE lending only [???] for this new class of homes?

Hold that thought.

Hold that notion closely, because what the stated goal of MHARR and MHI began with on Duty to Serve seemed on the surface to be the same thing.  That was the apparent intersection, on paper, that virtually everyone in MHVille said they wanted more lending from the GSEs.

But what MHI ended up doing was redirecting their energy to get GSE lending only for their so-called ‘new class of homes.’  Even the new MHI self-defense, self-promotion video makes that reality a key point, as the screen capture from their new video below reflects.

 

LeveragingMomentumCreationNewClassofManufacturedHomesManufacturedHousingInstituteMHILogoDailyBusinessNewsMHProNews600

Screen capture with commentary and MHI’s logo are a collage by MHProNews, which faithfully reflects their “We’re Using Our Momentum Leveraging the Creation of a New Class of Manufactured Homes.” First, what momentum? Second, why the need for a new class of homes? Manufactured housing builders have made residential style homes since at least the 1980s. Buyers could always option in or do on-site whatever they wanted and can afford. It’s therefor a head fake, an apparent ruse that seemingly limits GSE lending to only a tiny sliver of the market that could already be served by modular coded factory-built homes, or by existing residential style HUD Code manufactured homes. This new class of homes is a costly waste of time, save for the fact that it diverts lower-cost financing. Who benefits from that fact?  A monopolist, perhaps?

BloombergShipmentNewManufacturedHomesFactoryBuildRebuildDailyBusinessNewsMHProNews

Third-party to the industry Bloomberg’s shipment data of HUD Code homes reflects that there is a modest recovery, but that the manufactured home industry is still about 75 percent below its 1998 high water mark hit during the last 30 years.

If you want to sell more manufactured homes, this new class of homes is utterly illogical on the surface.  Manufactured housing roared during the 1990s compared to today.  Some claim it was only a sugar-high, based only on bogus lending.  But that claim ignores the reality that those home buyers wanted a manufactured home in the first place. In the mid-to-late 1990s and early 2000s, numerous researchers believed that the EXISTING class of HUD Code manufactured homes was the solution to the affordable housing crisis.

EricBelksyManufacturedHousingIndustryManufacuredHomeManufacturedHousingInstituteResearchDataAffordbleHousingMHProNewsDailyBuisnessNews575

Why did Belsky miss his predicted date? Because it came before Buffett’s entry into MH? See Smoking Gun 3.

So why this need for a new class of homes?  Why not rediscover the proven affordable HUD Code homes, already improved by the Manufactured Housing Improvement Act of 2000?

Two Great Laws Already on the Books NOW,  Can Unlock Billion$ Annually for Manufactured Housing Industry Businesse$, Investor$

 

If you want to encourage the acceptance of HUD Code manufactured homes, then this Clayton/MHI backed ‘new class of homes’ is demonstrably counterproductive on the surface.

Keep in mind that a researcher for the Fannie Mae Foundation some two decades ago already noted back then that manufactured homes merited better lending, placement, zoning, and other treatment. Such facts alone should make it hard for a GSE today to backtrack on their own foundation’s research.  For that report, see the link below.

 

“Why Advocates Need to Rethink Manufactured Home Quality,” Harvard, GSE, Genz, “High Satisfaction”

 

So, this new class of homes makes no sense, unless – unless – there is a hidden or unstated agenda?

  • Is this new class of homes just another monopolistic ploy to expand Berkshire’s Moat in MHVille?
  • And as has been noted previously, isn’t this once more using access to capital or lending to harm the interests of the majority of producers, in favor of one that is also selling site built housing?

 

Machiavellian “Godfather” – Sam Zell, Warren Buffett, Capital, Lending and Crossed Lines in Manufactured Housing

 

The Risk to Existing Manufactured Home Owners

Furthermore, isn’t there an obvious risk that the value of millions of existing manufactured homes will be undermined by this so-called new class of homes?

That isn’t a merely rhetorical question.  Because a senior contact with one of the GSEs admitted to MHProNews that it was a potential hazard.

How would millions of manufactured home owners react to not only not getting GSE chattel lending, but instead, having Clayton-led MHI working in a fashion that undermines the resale values of their homes?  Doesn’t that open the door to a possible class-action lawsuit, against the GSEs, MHI, and Clayton?

An MHI-only member messaged the following to our publisher this week, “You seem to have [a] conceptual IQ that is more important than spelling ability.” That’s nice and clever, but the matter is simply deductive reasoning or logic.

Everything that MHI has done with respect to their so-called new class of homes has been aimed to sideline opposition to it. That isn’t ‘forging consensus,’ is it? Isn’t that silencing opposition or reason-based concerns?

Isn’t what Clayton/Berkshire Hathaway lenders in manufactured housing want is to keep their choke-hold on lower-cost home lending, while promoting their own growing interests in conventional housing, all at the same time?

 

WHERE IS THE LOGIC OF HAVING MANUFACTURED HOMES THAT MAY AS WELL BE MODULARS?

Unless it was to derail GSE lending, and harm independents, all by another slight-of-hand?

All magic tricks are gimmicks, ploys – tricks. The hand is quicker than the eye. Something looks or sounds cool and good, and razzle dazzle presentations are built around it with high-cost consultants who will naturally say what the ones who wrote the check want said. That’s what a state association executive, an MHI member, has told MHProNews.

Some people will always follow a given con, that’s why tricks exist – they work on some people.

This new class of homes is a purported trick, and that is arguably why Richard ‘Dick’ Jennison would not go on with his public presentation at Louisville last January. He apparently feared having to answer questions from the Daily Business News or from members of the audience, who came armed with questions supplied by MHProNews.

 

 

It is also why Fannie Mae arguably cancelled an interview with MHProNews that their media contact had already agreed to do.  What caused that last minute cancellation?  Note that they cancelled only after they knew that among our questions would be some that focused on the genesis of how this new class of homes.

It’s Clayton and MHI, isn’t it?  How else does one explain that BOTH GSEs wanted the same thing?

 

MHARR Exposes GSES’ Failure On Chattel Financing Before Congress

 

What’s Overlooked

The genius of the HUD Code is performance-based standards that superseded other local housing code stipulations. That performance based method keeps housing costs lower for marginal buyers who won’t qualify for $150,000-$225,000 priced housing. Yet the HUD Code achieves that without sacrificing safety or durability.

MostMenAppearnNeverConsideredWhatHouseIsNeedlesslyPoorAllTheirLivesHenryDavidThoreauManufacturedHomeLivingNews

All of the above are HUD Code manufactured homes, built years before the Clayton-MHI backed new class of homes. Newcomers to the website not familiar with modern manufactured homes, learn more by clicking the image above or the link here.

 

There have long been those who argue the HUD vs MOD matter.  Our publisher said years ago that all of factory-built housing should agree not to undermine each other’s products.  Automakers don’t undermine entry-level cars when selling a Rolls Royce. Besides, more expensive modular homes can have their own headaches, as do site built housing, as a new report yesterday underscored.

 

“No Good Deed” – Brad Pitt, Make It Right Foundation Sued for Defective Modular Housing, NBC News, More Video

 

  • Let modular builders do whatever the law allows.
  • Let HUD Code builders build entry-level or more residential-style homes, in any ethical manner that they wish.
  • Ditto for tiny housing, prefab, conventional builders, and so on down the list of legitimate, safe and durable housing providers.

But the Housing and Economic Recovery Act of 2008 (HERA) which gave the Government Sponsored Enterprises (GSEs) of Fannie Mae and Freddie Mac the Duty to Serve Manufactured Housing didn’t mandate any changes to the federal HUD Code.  The GSEs should be providing lending on entry level HUD Code homes, including chattel loans, not just on these pricey new semi-modular housing units.

ManufacturedHousingAssocRegulatoryReformMHARRMarkWeissDTSFHFA-GSEsGoingtoLargestBusinessesCorpAffiliatesDailyBusinessNewsMHProNews

Collage by MHProNews.

 

This new class of homes is arguably a Trojan Horse, a blind alley, a grifters trick.

YouGetMoreOfWhatYouEncourageLessofWhatYouDiscourageMartyLavin

The logic of this statement can be applied to a variety of cases.

 

And sadly, the money trail and evidence – see links below – point to Clayton, 21st and Vanderbilt engineering this via MHI. That means that better lending would be unavailable to the majority of potential manufactured housing customers, as well as to those in communities or private land that may want to refinance their high cost Berkshire Hathaway loans at a lower rate.

 

KennyLipschutzQuotePoorJobOfLobbyinginMHIndustry-postedMHProNews48thMHINCClist

The charade calls for a federal investigation into MHI and the manufactured housing industry’s Berkshire brands, which sources suggest may already be underway.

SoTheAssociationMHIIsNotThereFortheIndustryUnlesstheinterestsoftheBigBoysJointheIndustry'sMartyLavinMHIAwardWinnerQuoteMHProNews

MHProNews looks at the facts, considers the sources, and follows the evidence. MHI earlier last year, and for years before, MHI routinely replied promptly to all inquiries. But since we’ve spotlighted the problems and concerns, they’ve gone silent. Why? If the facts are on their side, why not publicly make a cogent explanation?

 

Housing Choice should become part of the industry’s mantra. For our part, we will spotlight those issues that obscure the common-sense of making manufactured housing another ‘affordable housing choice‘ that home seekers can make with their heads held high, without having to jump through any special and limiting hoops.

 

Duty To Serve, “Complete Waste of Time” per Tim Williams, CEO/21st Mortgage; POTUS Trump, Warren Buffett Insight$

There’s more to come on this in the days ahead, so stay tuned to the only source in manufactured housing trade media that tackles the tough topics with facts, evidence, money trail, reason, and moxie. See the related reports, further below. “We Provide, You Decide.” © ##(News, analysis, and commentary.)

NOTICE: Readers have periodically reported that they are getting a better experience when reading MHProNews on the Microsoft Edge, or Apple Safari browser than with Google’s Chrome browser. Chrome reportedly manipulates the content of a page more than the other two.

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

1) To sign up in seconds for our MH Industry leading emailed news updates, click here.

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To see a sample of our emailed news update, click here. To sign up for the factory-built home industry’s #1 headline news, click here or the graphic above.

2) To pro-vide a News Tips and/or Commentary, click the link to the left. Please note if comments are on-or-off the record, thank you.

3) Marketing, Web, Video, Consulting, Recruiting and Training Re-sources

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

Related Reports:

“Take the MH Advantage Challenge – Can You Tell the Difference?” Fisk of Sarah Edelman, Director of Duty to Serve, Single-Family Mortgage Business for Fannie Mae

GSEs’ “Duty To Serve Underserved Markets” Plans

 

Fannie Mae Touts MH Advantage Program, But Manufactured Housing Association Slams Plan as “Illegitimate,” “Bait and Switch”

Warren Buffett, Charlie Munger, Fannie Mae, Freddie Mac, Berkshire Hathaway Backstory

Machiavellian “Godfather” – Sam Zell, Warren Buffett, Capital, Lending and Crossed Lines in Manufactured Housing

Bloomberg “New Home for $90,000? Manufactured Housing Is Making a Comeback” Reveals MH Media Challenge

 

Secretive “NEW” Class of Manufactured Housing Raises Serious Concerns

Yes, Thankfully There’s Times Manufactured Homes Earn Bipartisan Praise in Washington, D.C. Metro

November 22nd, 2018 Comments off

YesThankfullyTheresTimesManufacturedHomesEarnBipartisanPraiseinWashingtonDCMetroDailyBusinessNewsMHProNews

A new article on Manufactured Home Living News (MHLivingNews) points out praise across the left-right partisan divide in favor of modern manufactured homes.

 

That same new Thanksgiving Day report also pulls together elements from both national trade associations that are based in or near Washington, D.C.

In that lighter holiday mood, and as positive as is reasonably possible spirit, you can see the report, linked below.

 

Giving Thanks for Mobile Homes, Manufactured Homes, Classic “Mobile Home Parks” and Manufactured Home Communities

For another Thanksgiving report, thankful for the independents, who along with others, made manufactured housing great, see the related reports, further below.  From all of us to all of you, happy Thanksgiving. ##We Provide, You Decide.” © ## (News, analysis, and commentary.)

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

1) To sign up in seconds for our MH Industry leading emailed news updates, click here.

ManufacturedHomeIndustry#1HeadlineNewsMHProNews

To see a sample of our emailed news update, click here. To sign up for the factory-built home industry’s #1 headline news, click here or the graphic above.

2) To pro-vide a News Tips and/or Commentary, click the link to the left. Please note if comments are on-or-off the record, thank you.

3) Marketing, Web, Video, Consulting, Recruiting and Training Re-sources

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

 

Related Reports:

Giving Thanks for Mobile Homes, Manufactured Homes, Classic “Mobile Home Parks” and Manufactured Home Communities

Giving Thanks for Manufactured Housing Independents, Applauding “MHIdea!”

What’s the Truth About Thanksgiving in MHVille?

 

Giving Thanks for Manufactured Housing Independents, Applauding “MHIdea!”

November 22nd, 2018 Comments off

 

GivingThanksForManufacturedHousingIndependentsAppluadingMHIdea

Disclosure.  This “MHIdea” is not about MHProNews, and predates topics and positions we’ve published in the last few years. So this Daily Business News report is just that – an article that quotes from a manufactured home industry trade group that industry legend Dick Moore conceived, and was advanced with the work of the President of Dick Moore Housing, Bob Crawford.

 

DickMooreHousingBobCrawfordDickMooreDailyBusinessNEwsMHProNews

 

The purpose for the trade “alliance” Moore and Crawford inspired was to represent manufactured home retail independents.  It was articulated in several quotes we’ve pulled from their MHIdea website. The logo at the featured image at the top of this article, and that home shown, are from their website, but the headline is ours.

FYI – they don’t even know that this article is being written.

With that introduction, let’s begin with the following quote. As we often do, the bold and brown is added to directly quoted text, which was originally in black, save for the blue and red they used in MHIdea.

— from MHIdea website, with our commentary —

“IF we keep doing what we’ve been doing,

  We will keep getting what we got!”

Or this quote: 

We must come together as an industry fighting for its very existence,

and we must do so very soon, or we may not be able to

change our current direction and momentum.” 

And consider this quote:

MHIdea was initially conceived as a trade organization for independent retail dealers.  Multi-billion dollar manufactured housing corporations have definite advantages not available to many independent manufacturers and retailers, and MHIdea was seen as, and remains to be, an excellent opportunity for these independents to enjoy some of those benefits

However, the developments of the recent months have shown the desperate need of an industry voice that can bring our united message to the consumer and to our legislating agenciesMHIdea can provide the conduit for that message.

Many of the issues we face today arose from the world of shadows that has been the recent inner-workings of HUD.  A strong, national Alliance such as MHIdea could shine the light of truth onto the inequitable dealings of HUD and provide the check and balance so sorely missing in the DC arena.” 

Was the Dick Moore and Bob Crawford inspired MHIdea ahead of its time?

Before diving deeper, let’s post a video interview of Dick Moore, below. It reveals his significant success, and fascinating historic insights.

 

 

With that better understanding of Moore as a backdrop, backdrop, consider the following quote from their dated site.

MHIdea has a multi-pronged plan of action:

 

Investigate HUD’s policies and actions of HUD personnel

for Legal Compliance and the legal options available

to us if non-compliance is found;

 

Defend the position of the independent street retail

sales center owner, before Congress and local govt’s;

 

Educate the consumer about the benefits of modern-day MH living;

 

Advocate the interests of Alliance members & the MH Industry.

 

A coordinated plan of action for our industry

is critically important to our future.

Then there is this quote:

The manufactured housing industry faces many challenges in the coming years.  But with great challenges come great opportunities, and MHIDEA is here to help independent dealers across American enjoy them more!

This quote is humble, but wise.

Whether the voice is MHIdea or some other is immaterial.

The need for such a voice is undeniable!

 

Because…

“IF we keep doing what we’ve been doing,

          We will keep getting what we got!”

 

There may be a fact glitch here and there on the MHIdea website. But the thrust of the thought process appears sound. For example. 

“…The challenge concerning retail financing is further aggravated by HUD and other agencies working against the best interests of both the consumer base which could benefit from our product and industry members themselves, from the manufacturers and parts suppliers to the retail sales personnel.  The lack of help coming from Washington, DC is glaring, with HUD boldly operating in violation of its federal mandate…” i.e: the Manufactured Housing Improvement Act of 2000.   ICYMI, or want a refresher later, the next link is from MHProNews, and not from MHIdea

Two Great Laws Already on the Books NOW,  Can Unlock Billion$ Annually for Manufactured Housing Industry Businesse$, Investor$

Before returning to items from MHIdea, it must be noted that recent data reflects that about 1/3 of manufactured homes are going into land-lease communities. The other 2/3 are predominantly being sold by retailers, although FEMA orders and some going to developers are a periodic part of the mix.  Rephrased, retailers are still the bulk of new HUD code manufactured home sales.

Vertically integrated companies, such as Clayton Homes, and to a lesser extent, Skyline-Champion and Cavco Industries, are among those who sell to independents, but also have their own retail operations.

Other semi-vertical integrated firms exist, for example, Legacy Housing,  or American HomeStar. Legacy sells to independents and communities, but also has its own retail centers.

That said, let’s return to content from MHIdea, because this next quote speaks volumes.

“…One body has become overloaded with members representing factions of our industry that are financiallybetter poised to weather the regulatory storms on the horizon, almost to the point of a technical monopoly.  MHI [i.e.: Manufactured Housing Institute] has no real incentive and apparently not much interest to work hard for the small independent retailer sales centers.  Some of their recent efforts appear to be motivated by industry members’ frustration at their previous inactions.”  That wasn’t written by MHProNews, or Marty Lavin, or Frank Rolfe.  That’s the view from a pair who have a retail operation, and only recently sold their communities, which accounted for over 25,000 mobile and manufactured homes sold over the years. 

Put differently, Dick Moore’s and Bob Crawford’s perspective is not to be taken lightly. 

Their commentary continues: “Our other representative group, MHARR, is Danny Ghorbani.   His writings have been steadfastly on the side of the retailers, but too often he has been the lone voice in the wilderness...”

When an observation has merit, it is often timeless. Note that this was done circa 2009/2010.

ManufacturedHomeMHShipments1990-2017DailybusinessNewsManufacturedHousingMHProNews

 With the above graphic and shipment levels in mind, let’s cite another quote from MHIdea:

The dismal report of total shipments in 2009, the continued lack of substantive progress from the recent MHI meeting, the continued depressed condition of the economy and its effect on our customer base all weigh heavily on the future of our business.   Our needs have NOT been adequately represented before Congress or the various federal regulatory agencies we are forced to deal with; our product has NOT been successfully marketed to our customer base in a time when our product is ideally suited to provide a much-needed commodity; our industry has NOT had a voice to speak with an unbiased voice for the benefit of ALL.  

MHIdea can provide that voice.  MHIdea personnel will be autonomous from any manufacturer or retailer associate.  We will speak for the benefit of the Alliance, with no favoritism to any one.  We will speak nationally through the Internet, video and other media productions.  We can provide a unique marketing logo supported with national advertising and PR efforts, to help our local retailer associate member’s improve their market recognition.”

MHProNews did provide at that time some coverage for their effortBut in candor, we didn’t see then all that we do now.

MHIdea had a solid concept. It could have used some refinement. It needed to have what we said yesterday about the #NobleNotMobile concept.  Namely, it will have to be given ongoing, sustained support and commitment.

#NobleNotMobile, New Contest and Video Program Launched, Exclusive Details

Over two years ago, Bob Crawford, speaking off the cuff at Tunica, once more addressed the industry’s needs. He mentioned the MHIdea in the video posted below the photo.  If you listen to what Frank Rolfe and Bob Crawford had to say, and none of this was rehearsed or planned, its amazingly insightful – even today.

 BobCrawfordDickMooreHousingFrankRofleRVHorizonsMobileHomeUniversityTunicaShowManufacturedHousingIndustryMHProNews

Several community owners have come to a similar conclusion that Dick Moore and Bob Crawford did, over 8 years ago. One might question this or that, but isn’t the concept worth highlighting?  One more time, let’s quote from their now dated website, but that they correctly kept online.

 

IF we keep doing what we’ve been doing,

           We will keep getting what we got”

 

Today, let’s give thanks for all of the independents in the manufactured home industry. In the days ahead, we can reflect beyond thanks towards positive action. We Provide, You Decide.” © ## (News, analysis, and commentary.)

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

1) To sign up in seconds for our MH Industry leading emailed news updates, click here.

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To see a sample of our emailed news update, click here. To sign up for the factory-built home industry’s #1 headline news, click here or the graphic above.

2) To pro-vide a News Tips and/or Commentary, click the link to the left. Please note if comments are on-or-off the record, thank you.

3) Marketing, Web, Video, Consulting, Recruiting and Training Re-sources

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

 

Related Reports:

Giving Thanks for Mobile Homes, Manufactured Homes, Classic “Mobile Home Parks” and Manufactured Home Communities

 

Legacy Housing IPO, Lending Tree, & New HUD Ruling Updates

 

#NobleNotMobile, New Contest and Video Program Launched, Exclusive Details

What’s the Truth About Thanksgiving in MHVille?

 

 

Hedge Fund’s Cavco Move, and More from Inside MHVille

November 18th, 2018 Comments off

 

HedgeFundsCavcoMoveMoreFromInsideMHVilleDailyBusinessNewsMHproNews

The Third Avenue investment fund has reportedly sold off all of its shares of Cavco Industries (CVCO).

 

Look carefully at collage/graphic with commentary, just below.

ThirdAveFundExistCavcoIndustriesToyotaGuruFocusThirdAveHelpedCavcoBuyFleetwood2009MHProNews

 

The stock has overall been slowly recovering since the SEC news broke, and it initially dropped like a rock.

CVCOJoeStegmayerStockDropAfterSECCOnnectedShakeupManufacturedHousingIndustryDailyBusinessNewsMHproNews

But there are now at least 4 law firms that are investigating stock fraud or other possible malfeasance. The SEC would not rule out or confirm to MHProNews possible antitrust concerns regarding Cavco. Nor would the SEC, or Cavco’s representatives, state which equity was being traded that has sparked this melee, and raised concerns about possible wrongdoing.

Among the well-known industry voices that have sounded off on the matter, was the following by email, with the bracketed words added to clarify the meaning. “Thanks for sharing…[the news reports]…these folks [Cavco] are in a mess and it doesn’t seem they’ve hit the bottom yet,” said a longtime manufactured housing industry professional.

You can find several recent reports with details on what a Cavco Industries insider has called a “debacle,” linked further below.

 

Next, next, and next…

Then, there’s ELS’ Sam Zell, Warren Buffett led Berkshire, and their Godfather-style encounter. If you are in any sector of manufactured housing, it should be priority reading.  That’s our Saturday report, linked below.

Jeff Bezos founded Amazon, as you likely know.  Bezo’s Amazon investment fund bet million on Plant PreFab, learn more about them below.

MHARR has an update from Washington, D.C. this week, which is an important read too.

On MHLivingNews, you’ll find how Lending Tree has praised manufactured homes in a way so smooth, that it should inspire MHI to take notes, and try to follow their lead.  Arlington, and your big boy members, are you watching and listening?

Larry King of CNN fame delivers a video message that is interesting, both for what is and isn’t said. It’s a great lesson in propaganda mixed with truth.

Clayton’s image campaign effort is found below too.  Insightful information of importance.

The SunDog story is an example of how a new firm got positive media in their market.

We have a powerful example of where left and right agree on a topic, that’s in the Daily Business News this past week as well.

SubmitNewsTipsManufacturedHomeProNewsMHProNewsLogoDailyBusinessNews

Submit confidential or on-the-record news tips, or comments at this linked email mailto:iReportMHNewsTips@mhmsm.com

 

Tips and Industry Voices from the Mail and Message Bags…

The following that are quoted are unedited. Some are summarized, which aren’t in quotes.  These include messages from company leaders, in or out of MHI, as well as from other MH industry sources.

There were thoughtful comments of encouragement about Legacy, from outside of that company. See more on that which will be linked from a report on Monday.

The Third Ave item above came as a tip from a source with deep Cavco ties.  Thanks to all for their news tips and feedback.  Keep in mind that some news tips take time to develop properly, others can be shared more rapidly, as in the case of the above.

Let’s take a moment to reply to a reader’s question.  Q – “Are you guys socialists?”  A – Not even close. –> Respectfully, that’s a good example of why someone shouldn’t skim-read.  One missed word can change a meaning.  We’ve all done that, but we are pro-free enterprise, pro-faith, flag, family, and fortune honestly earned.

Here’s another comment, FYI – as usual, we add the brown/bold text for quotes.

Thanks for educating the masses. Combine this with what big tech is doing to conservatives. Americans need to wake up and trump needs to on the offense with the DOJ” and there was no period or the implied ‘go.’

Among the messages on Cavco, are those who feel bad for Joe and their company’s woes.

Speaking of Cavco, there’s this specific insight about the law firms preparing to sue CVCO. The comments will make sense once the articles about Cavco are digested: “They probably could care less about AT issues. They’re looking at investor class action for big/quick $$$.”

Shifting gears to Info Wars…”

The war between Globilism and Nationalism is real and I view as a war between good and evil. Control or freedom. Christ or antichrist. Trumplican or Democrat. Truth or deception.”

Reader comment on MHI…

The big companies have figured out how to get small- to mid-sized firms to pay MHI for what the big boys want. Lavin was right.”

Which each of the above reminds us of a standby from a company leader earlier this year: “If MHProNews is writing about it, I want to know about it.” At some point, we’ll copyright that one.

Speaking of mail, some came – believe it or not – from friends of MHI from the U.S. Mail.  Remind us, please, to share a few good laughs.

 

Beyond the Mail…

There is so much more below.  Don’t be the last to know.

In what Nathan Smith accurately called a modest ‘boutique’ sized industry today, over 10 thousand professionals logon daily to our MHProNews site.  Thousands are on our email list, which reads like a who’s who cross section of mom and pops to the corporate giants, and all in between.  Third-party Mail Chimp says our open rate and click rates dwarfs others in media and publishing. To sign up for our industry-leading emailed headline news, that links to top stories, click here.

There’s always more on MHProNews, plus the groundbreaking work being done on MHLivingNews.

Between these two platforms are important resources that professionals, researchers and investors rely upon.  We do the most fact-checks. We provide more genuine news, analysis, and commentary. Who else in MHVille trade media examines the performance vs. the words, and holds the powers-that-be to account more than we?

No one else even thought about doing “New through the lens of manufactured homes, and factory-built housing,” © before we did it. Now, a few are paying the ultimate compliments, by trying to copy that and other things that we’ve done and are doing. Thanks.

No one else in the industry has even tried to do MHVille connected market summaries daily, which are combined with news and analysis on a specific topic.  Our readers tell us these are some of the things that have made us the runaway #1 read “Industry News, Tips, and Views Pros Can Use.” ©  No one else even comes close.

Thanks again to our sponsors, clients, sources, and readers alike.  Speaking of sponsors, 3 MHI members reached out in the last several weeks, one of them pulled the trigger, and that one reported good results.

The ones that didn’t pull the trigger were politely told that while their business was welcome, and we would faithfully transmit their content and/or views, they had to clearly understand that their sponsorship would not change our editorial stance. We follow the facts, evidence, and money. We routinely reach out to the others we spotlight, and ask them to rebut, clarify or reply. Apparently, they can’t. Too bad, the sparks would be good for all, because sparks can shed light.

That’s the candid authenticity that makes us #1.  Again, thank you to all who make that so.

ManufacturedHomeIndustry#1HeadlineNewsMHProNews

To see a sample of our emailed news update, click here. To sign up for the factory-built home industry’s #1 headline news, click here or the graphic above.

Looking ahead:

The word heard on Friday is that there will be an announcement this week on a plan by an industry operation that merits attention. It’s a firm that is an MHI member, but once you see it, you may come to the conclusion that they have decided that what they’re doing from Arlington isn’t enough. We’ll plan a report as the facts emerge.

There will also be special Daily Business News and Masthead items tomorrow (Monday).  Don’t miss them.

With no further adieu, check out what’s new in MHVille in the more than two dozen reports below for the week that was, 11.11.2018 to 11.18.2018.

 

What’s New on MHLivingNews

 

The “Need For Quality Affordable Housing Has Never Been Greater,” Says LT

 

 

What’s New from MHARR

 

HUD Publishes Final Revised Rv Exemption Rule

 

 

What’s New on the Daily Business News on MHProNews

 1DailyBusinessNewsLogoMHProNewsLogo-1

 

Saturday 11.17.2018


Machiavellian “Godfather” – Sam Zell, Warren Buffett, Capital, Lending and Crossed Lines in Manufactured Housing

Machiavellian “Godfather” – Sam Zell, Warren Buffett, Capital, Lending and Crossed Lines in Manufactured Housing

 

Friday 11.16.2018

YIMBY, Amazon backed Plant Prefab Introducing ADUs, Product Video

YIMBY, Amazon backed Plant Prefab Introducing ADUs, Product Video

CAVCO Stock Slowly Recovering, But More Law Firms Announce CVCO Investigations, Plus MH Market Updates

CAVCO Stock Slowly Recovering, But More Law Firms Announce CVCO Investigations, Plus MH Market Updates

Latest on the FHA, New Federal Report to Congress, Insider Insight

MH State Association Issues Midterms Report – Rent Control Alert – Reveals Troubling Trend

MH State Association Issues Midterms Report – Rent Control Alert – Reveals Troubling Trend

 

Thursday 11.15.2018

Criminal Justice Reform – Fact$ & Why it Matters to Manufactured Housing Professionals, Investors, and America

Criminal Justice Reform – Fact$ & Why it Matters to Manufactured Housing Professionals, Investors, and America

LoL! Larry King on RT Says – “CNN Stopped Doing News” – Demos How Fake News, Media Propaganda, Are Done, Plus MH Market Updates

LoL! Larry King on RT Says – “CNN Stopped Doing News” – Demos How Fake News, Media Propaganda, Are Done, Plus MH Market Updates

Cavco Shareholder Suits Prepping, CVCO, SEC, Insider Responses to Growing Scandal

Cavco Shareholder Suits Prepping, CVCO, SEC, Insider Responses to Growing Scandal

HUD Announces Relief from California Wildfires, MH Owners Can Qualify

HUD Announces Relief from California Wildfires, MH Owners Can Qualify

 

Wednesday 11.14.2018

Manufactured Housing Institute on Cavco Industries, ex-Chairman Joe Stegmayer SEC “Debacle”

Manufactured Housing Institute on Cavco Industries, ex-Chairman Joe Stegmayer SEC “Debacle”

Right Winger and Socialist Agree on Amazon & Bezos’ Deal, Plus MH Market Update

Right Winger and Socialist Agree on Amazon & Bezos’ Deal, Plus MH Market Update

Manufactured Home Transporter Dies, Services Announced

Manufactured Home Transporter Dies, Services Announced

‘Use Government to Handcuff Your Rivals, Clever’ – Stossel

‘Use Government to Handcuff Your Rivals, Clever’ – Stossel

 

Tuesday 11.13.2018

PreFab SunDog’s Leaders Encourage Buyers to “Contain Yourself”

PreFab SunDog’s Leaders Encourage Buyers to “Contain Yourself”

Oil Drop – Outlook, Energy Production, and Manufactured Housing, Plus MH Equities Updates

Dead Pimp, and Multiple MH Owner, Wins Election

Dead Pimp, and Multiple MH Owner, Wins Election

“Family Jewels,” MHVille Insider Tips, “Info Wars” and Omaha, Knoxville, California, Seattle and Arlington, and DC Connections

“Family Jewels,” MHVille Insider Tips, “Info Wars” and Omaha, Knoxville, California, Seattle and Arlington, and DC Connections

 

 

Monday 11.12.2018

Clayton Homes “New” Image Campaign, Surprising Facts Behind Have it Made Stigma Attacking Video

Clayton Homes “New” Image Campaign, Surprising Facts Behind Have it Made Stigma Attacking Video

Tariffs, Tech, Fed, Oil, Commodities and Today’s Tumble, Plus MH Equities Updates

Work, Life Balance and MHVille, Monday Morning Manufactured Housing Meeting

Work, Life Balance and MHVille, Monday Morning Manufactured Housing Meeting

An MHProNews Thank You to America’s Veterans, Plus VA Market At-a-Glance

An MHProNews Thank You to America’s Veterans, Plus VA Market At-a-Glance

 

Sunday 11.11.2018 and that Week in Review

“Rent is Too Damn High,” But Why? MHVille Struggles & Solutions

“Rent is Too Damn High,” But Why? MHVille Struggles & Solutions

Together with thousands of honest MHVille pros of good will, we can make our industry achieve its great potential. That’s done by making American lives better, together. “We Provide, You Decide.” © ## (Sunday Morning, weekly headline news review, analysis, and commentary.)

NOTICE: You can join the scores who follow us on Twitter at this link. You can get our ‘read-hot’ industry-leading emailed headline news updates, at this link here.

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

1) To sign up in seconds for our MH Industry leading emailed news updates, click here.

ManufacturedHomeIndustry#1HeadlineNewsMHProNews

To see a sample of our emailed news update, click here. To sign up for the factory-built home industry’s #1 headline news, click here or the graphic above.

2) To pro-vide a News Tips and/or Commentary, click the link to the left. Please note if comments are on-or-off the record, thank you.

3) Marketing, Web, Video, Consulting, Recruiting and Training Re-sources

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

 

 

Related Reports:

The Coming Breakup of Berkshire? MHI? Plus Sunday Headline Recap 10-14-2018 to 10-21-2018

 

MH State Association Issues Midterms Report – Rent Control Alert – Reveals Troubling Trend

November 16th, 2018 Comments off

 

RentControlAlertIMHAManufacturedHousingMidtermOutcomeDailyBusinessNewsMHproNews

Before diving into this report, in fairness, several state manufactured housing association reports have been sent to the Daily Business News on MHProNews for possible fact-checks and analysis.

 

That’s said to be clear that selecting this one from the Illinois Manufactured Housing Association (IMHA) should not be misconstrued as ‘picking’ on them, or as just praising them, because their post-midterm report arguably merits some of both.

 

Forward

Prior to sharing two segments of the IMHA’s latest November email to their members, let’s briefly outline what’s good, and what’s missing.

We won’t call it what’s missing ‘bad,’ rather, we’ll say that important points were missed, overlooked – or perhaps squelched – for reasons arguably noted in “How Gold Rules.”  That’s why we won’t say it’s ‘bad,’ but rather, missed, for whatever reason.

 

What’s Wise and Good by IMHA

IMHA is wise to spotlight the issue of rent control.

As one of the “bluer” states in the nation, as their own report suggests, the challenge of rent control is a problem for not only manufactured home communities (MHCs).  MHCs are a big part of that association.  But rent control – and that mode of thinking – also arguably impacts retailers, developers, producers and others.

 

Actions Speak Louder, But Words Followed by Deeds Matter to MHVille Owners, Professionals and Investors – Plus Sunday Morning Weekly Recap 9.16 to 9.23.2018

 

So, play attention to the points that IMHA raised about rent control. A pair of prior MHProNews report debunking rent control are linked above and below.

 

Enemies of Manufactured Homes, Communities; Rent Control, MHAction, George Soros, Ignorance, & Entropy

 

What IMHA Missed

Again, let’s stress for those who may not be familiar with “How Gold Rules” that the misses may or may not be caused by pressure on IMHA from “big boys” at the national level.  A number of our state association sources said that influence and pressure on them by forces that dominate the Manufactured Housing Institute (MHI) can’t be over-stated.

So as not to nit-pick, we’ll focus on 3 items that are not obviously stated in the IMHA report to their members.

Not necessarily in any order of importance, they are failure to mention:

  • MHAction and similar groups
  • Enhanced Preemption as a possible boon that addresses some of their concerns, and
  • The Buffett/Soros & MHAction Connection

Let’s note for those who skim – please don’t skim, you’ll miss key points – that mentioning MHAction absolutely should not be construed as an endorsement.

 

Prosperity Now, Protests, Indivisible Project, Warren Buffett, George Soros, POTUS Donald Trump, MHAction and Manufactured Housing – Following the Money

 

Quite the opposite, as MHProNews and MHLivingNews have periodically spotlighted concerns about that operation for about the last two years.

ManufacturedHousingActionLogoMHActionLogoDailyBusinessNewsMHproNews

MHAction makes it clear that they support far left politics, and are de facto anti-free enterprise. Independent MH businesses, beware. 

 

There’s an important article below that focuses on “two great laws” that are already on the books. While MHI occasionally pays lip service to it, our research has revealed that they only bring it up on occasion with local jurisdictions.

 

Two Great Laws Already on the Books NOW,  Can Unlock Billion$ Annually for Manufactured Housing Industry Businesse$, Investor$

 

As an upcoming report will reflect, MHAction has specifically targeted several well-known manufactured home community operations.  While they may be ‘big enough’ to ‘take it,’ the negative media it creates arguable harms many if not all manufactured home community operations in the markets they are in.

So while MHI took sharp aim at the new national community association, MHProNews provided the analysis linked below that reveals the Arlington based operation’s purported hypocrisy.

 

Nathan Smith, SSK Communities, and Manufactured Housing Institute (MHI) Slam New National Manufactured Home Communities Group in Written Statement

 

With that tee up, we’ll turn to the IMHA’s own copy, showing unedited from the sections shown of their latest email.

 

IMHAIllioisManufacturedHousingAssociationDailyBusinessNewsMHproNews

Mid-Term Election Results

The State of Illinois just got a whole lot bluer and our job of protecting your business interests just got harder.

Now, more than ever, you need IMHA and IMHA needs you!

There are plenty of new faces in the Illinois General Assembly, probably in your local areas, too. Every one of us needs to reach out to these decision makers and impress upon them the quality and value our factory built products and land lease communities provide for the citizens they represent.

Special Congratulations to Heather Mumma, President of B&B Homes LLC and IMHA Board Member who will now also serve on the Effingham County Board!

 

_________________________________

 

Why Rent Control?

Housing affordability is a nationwide problem, it’s not limited only to Illinois. Housing policy is complex and rent control is the last thing that should be implemented as housing policy.

At the heart of the affordability issue is the dramatic decline in overall production of housing during the last decade. When the economy shattered in 2008, housing production fell drastically. Adding immensely to the housing affordability problem are the many local jurisdictions who have successfully developed big-box retail centers and commercial office parks with thousands of new jobs, and no provisions for housing any of the workers at the varying wage levels needed to fill those jobs.

Factory built housing is uniquely positioned to help alleviate demand for new homes, however some cities discriminate against this affordable alternative and flatly prohibit factory built housing as an option within their jurisdictions.

 

Who wants rent control, and why?

Rent control is an easy fix. Think your rent is too high? OK, let’s just pass a law capping it. Problem solved, right? Of course not, but it sure sounded good ahead of the election.

A State Senate Special Committee on Housing Affordability and Rent Control has been holding hearings regarding a bill that would impose a statewide rent control program in Illinois. The Chair of the Special Committee and chief sponsor of Senate Bill 3512, Senator Mattie Hunter (D-Chicago) provided for a very fair hearing process allowing all viewpoints to be heard.

Renters receiving disability, social security or other entitlement payments explained their situation as struggling tenants that pay more than 30 percent of their income in rent, and see rent control as a solution to their situation.

As of this writing six (6) Regional Rent Control Boards are being proposed which would set a “Rent Stabilization Rate” for every county and city in the Board’s region. Landlords could not increase rents above the “Stabilization Rate” (which would be tied to a Consumer benchmark like the Consumer Price Index) without approval of the Board.

Of concern is how an all-volunteer board, that might meet 4 times a year, could hear all the varied requests for rent adjustments that would be required. Also how would CPI take into account varied tax increases (local, state or federal), insurance and other fixed operating cost increases (varied by operator, property or company), and even local inspection fees which might be imposed or individual utility provider cost increases.

 

What Will Work?

IMHA has been represented at all the special committee hearings, has provided both written and oral testimony and has offered the following examples of policy solutions that the next state legislative session can attempt to address, before it gets caught up in ill-formed attacks on the working class and opening the door to rent control.

  1. Housing component law: Address the varied ways cities don’t zone for enough housing, don’t zone for multifamily housing or land lease communities and only allow low density residential on large lots.
  2. Encourage housing development in existing commercial areas:In cities with low housing production and availability, push to allow residential development on large and underutilized commercial/big box/strip mall sites, especially in transit-served areas.
  3. Require housing for future commercial expansion:Many cities prefer and zone primarily for commercial office and retail with little or no thought towards housing. The state legislature could require a jobs/housing analysis for all master plan development, say over 5 acres in size, identifying the estimated job creation by wage level, and mandating that appropriate housing for the new worker households be provided as part of the development plan.
  4. Remove barriers to housing approval: Address cities that effectively block all housing development or reduce density through the approvals process. Develop a way to identify the problem and sort out good from bad policy, and then challenge those cities to correct the problem.
  5. Affordable housing zoning: Affordable housing faces particular barriers from approval processes and zoning in many jurisdictions. For the creation of affordable housing to take place, zoning densities may need to be relaxed and approvals streamlined.
  6. Remove barriers to workforce housing: Many cities deny approval for affordable workforce housing, or allow development only on the most difficult and undesirable sites. Consider linking state disbursements of infrastructure money, whether for transportation or parks, to approvals and funding for affordable housing alternatives in those already well-resourced jurisdictions.

 

Rent control battle will persist in 2019

We remain hopeful that this legislation will not be considered before the end of session but we fully anticipate that this type of feel-good legislation will be reintroduced when the new General Assembly convenes in January.

We expect to be facing a tough fight on rent control in the Spring of 2019. But we have a strong position, the facts are with us, and legislators are beginning to listen to us.

With your help, involvement, together with the advocacy resources at our disposal, commonsense will prevail on this issue!

IllinoisManufacturedHousingAssociationsIMHAPacLogoDailyBusinessNewsMHproNews

 

MH State associations, take note.  Just as we periodically spotlight MHI’s emails and federal comments, etc. for analysis and fact-checks, we naturally can spotlight other associations too.

As some of our state association level contacts – and their members – know, it arguably an important way to remind readers that MHI is influencing, for good and/or ill, state association efforts.

That’s MH “Industry News, Tips, and Views Pros Can Use,” where “We Provide, You Decide.” © ## (News, analysis, and commentary.)

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

1) To sign up in seconds for our MH Industry leading emailed news updates, click here.

ManufacturedHomeIndustry#1HeadlineNewsMHProNews

To see a sample of our emailed news update, click here. To sign up for the factory-built home industry’s #1 headline news, click here or the graphic above.

2) To pro-vide a News Tips and/or Commentary, click the link to the left. Please note if comments are on-or-off the record, thank you.

3) Marketing, Web, Video, Consulting, Recruiting and Training Re-sources

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

 

 

 

Related Reports:

‘Use Government to Handcuff Your Rivals, Clever’ – Stossel

 

Manufactured Home Resident Group President Cautions Against MHAction, Surprising Background Reveal to Manufactured Housing Action

 

Manufactured Housing Institute on Cavco Industries, ex-Chairman Joe Stegmayer SEC “Debacle”

 

Manufactured Housing Institute on Cavco Industries, ex-Chairman Joe Stegmayer SEC “Debacle”

November 14th, 2018 Comments off

 

JoeStegmayerPhotoManufacturedHousingInstituteLogoMHILogoChairmanCavcoIndustriesLogoManufcturedHomesMHProNews600x315

The Manufactured Housing Institute (MHI) has sent out a message to their members earlier today.  It’s debatably a common-for-the-Arlington, VA based trade group, in that it has a mix of purportedly accurate, questionable, misleading, and missing information.

 

Among the more interesting points are what MHI was mute on.

For example, what is to become of Joseph Stegmayer, who is still listed on the MHI website as their current executive committee chairman?

 

Cavco Chairman Joseph H. Stegmayer Steps Down Under SEC Cloud, “Personal, Confidential” SEC Document, Cavco Industries’ Statement

 

Stegmayer stepped down last week under the cloud of an Securities and Exchange (SEC) subpoena, as the Daily Business News on MHProNews reported at this link above.

Quoting part of Cavco’s statement: “The Company also announced that it had received a subpoena from the Securities and Exchange Commission’s Division of Enforcement (“SEC”) requesting certain documents relating to, among other items, trading of the stock of another public company. Subsequent to sending the Company a subpoena, the SEC sent a subpoena for documents and testimony to Joseph Stegmayer, regarding similar issues. The Company has initiated an independent investigation and intends to cooperate fully with the SEC’s investigation. Please see Part II, Item 1, Legal Proceedings section of the Company’s quarterly report on Form 10-Q for the period ended September 29, 2018, filed with the Securities and Exchange Commission contemporaneously with the issuance of this press release, for additional information regarding this matter.”

Sources suggest to MHProNews that if Stegmayer is cleared, he might return to a leadership role at Cavco. But if the SEC investigation proves to be as serious as some inside and outside of the publicly trade firm (CVCO) believe, Stegmayer could be exited from his new interim role.  The full Cavco release is found at this link here.

 

“Debacle”

An insider, well-placed source told MHProNews that the development at Cavco was a “debacle.” There will be a separate follow-up report that focuses on updates from Cavco and other sources on the Stegmayer matter.

But why is Stegmayer still in his position as MHI Chairman, while the fog of an SEC investigation hangs over Cavco?

 

CVCOJoeStegmayerStockDropAfterSECCOnnectedShakeupManufacturedHousingIndustryDailyBusinessNewsMHproNews

 

Scandal and Some MHI Chairmen…

Recall that MHI didn’t budge when then-Chairman Nathan Smith came under his own cloud when residents of SSK filed a class action suit against his firm.

Other controversies during the Tim Williams/21st Mortgage prior chairman era failed to move the Arlington, VA based association then.  That included, but isn’t limited to, allegations of racism and predatory lending against Berkshire brands.  Congresswoman Maxine Waters is now slated to take over as the chair for the House Financial Services Committee.  Waters and her colleagues asked for the Department of Justice (DOJ) to investigate.

 

Seattle Times -Federal Investigations-Berkshire Hathaway’s Clayton Homes, GuruFocus Spotlights Buffett’s Clayton’s “Unethical,” Monopolistic Moat

 

According to the Seattle Times, those investigations are ongoing. MHProNews recently reported that other federal investigations of MHI member ‘big boys’ are also under investigation.

 

Affordable Housing, the Visible, Yet Mysterious Struggle for an Obvious Solution, Case Examples

 

One or more investigation storm(s) of the manufactured housing industry’s larger members, potentially including MHI itself, are purportedly approaching.  And should that tempest become public in an oversight way, it may come from Democratic sources, given statements by Waters and others.

Yet for whatever reasons, Tim Williams, Jim Clayton, Warren Buffett and others supported opposition candidates that previously worked for MHI on Preserving Access.  Or is that part of the point?

Recall that Nathan Smith admitted that the industry (i.e.: MHI) had to honestly admit the times it dropped the ball.

 

 

That said, where are any of the issues raised herein addressed in MHI’s recent email news today? Where is the transparency that the late Howard Walker – who was on the MHI Executive Committee for years – said should exist?

 

HowardWalkerPhotoELSViceChairmanManufacturedHomeCOmmunitiesManufacturedHousingInstituteExecCommitteeMemberQuoteTransparencyMHProNews

Thoughtful words, worth pondering. 

 

ManufacturedHousingInstituteLogoMHILogoNewsUPdatesMHProNews11.14.2018DailyBusinessNewsMHProNews

 

Note there are other debatably deceptive, misleading or a mix of truth-with-slight-of-hands in the recent MHI communication to their members.  Some of those may be explored further in the days ahead.

In the meantime, a simple word to the wise.  If MHI said it, how does it stack up to objective facts?

NOTICE: Watch for a follow up report on the Cavco/Stegmayer/SEC matter in the days ahead. To sign up for our emailed headline news, see the link here or below.

The Daily Business News on MHProNews will continue to track and report on these issues. “We Provide, You Decide.” © ## (News, analysis, and commentary.)

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

1) To sign up in seconds for our MH Industry leading emailed news updates, click here.

ManufacturedHomeIndustry#1HeadlineNewsMHProNews

To see a sample of our emailed news update, click here. To sign up for the factory-built home industry’s #1 headline news, click here or the graphic above.

2) To pro-vide a News Tips and/or Commentary, click the link to the left. Please note if comments are on-or-off the record, thank you.

3) Marketing, Web, Video, Consulting, Recruiting and Training Re-sources

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

 

 

 

Related Reports:

Cavco Shareholder Suits Prepping, CVCO, SEC, Insider Responses to Growing Scandal

 

National New HUD Code Manufactured Home Production Data Summary, September 2018 Analysis

 

“Rent is Too Damn High,” But Why? MHVille Struggles & Solutions

Prosperity Now, Protests, Indivisible Project, Warren Buffett, George Soros, POTUS Donald Trump, MHAction and Manufactured Housing – Following the Money

 

Affordable Housing, the Visible, Yet Mysterious Struggle for an Obvious Solution, Case Examples