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“A Nation of Laws” – Donald Tye, Jr. Affordable Housing, and Manufactured Homes

October 24th, 2018 Comments off

SupremeCourtBldgPhotoANationofLawsDonaldTyeJrAffordableHousingManufacturedHomesMHProNewsLogo

The new video interview with actively retired businessman and minister, Donald Tye, Jr., draws to a close with these words from Tye.

 

 

We are a nation of laws,” Tye said.

Tye explained that when laws aren’t enforced, all people and the nation at large suffers.

The useful, and often powerful video interview is found at this link below.

 

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

 

Much like Tye describes himself, the video and article are nonpartisan.  Needs, goals, laws, and solution oriented.

  • What are the needs?
  • What are the facts?
  • What are the laws?
  • How can enforcing existing laws help people of all economic backgrounds?

Take a good look. Then share the link above. It can open numerous minds, which can open up opportunities and more honestly earned profits. “We Provide, You Decide.” © ## (News, analysis, and commentary.)

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Related Reports:

Transparency – What Manufactured Housing Industry Pros Have Proclaimed

Manufactured Housing Shipment Totals, June 2018

August 6th, 2018 Comments off
ManufacturedHomeShipmentTotalDailyBusinessNewsMHProNewsJune2018

For the industry professionals who know the inside of a factory-building operation, the home in this photo is the start of a modular flooring system. The plant in the photo builds both HUD Code manufactured homes, and state coded modular homes. Details matter.

Manufactured housing shipments continued to rise, but the pace of growth slowed in June, per the latest data from the Manufactured Housing Association for Regulatory Reform (MHARR).  MHProNews presents MHARR’s latest data, and their formal statement, followed by an MHProNews analysis. 

 

HUDCodeProductionGrowthContinuesJune2018ManufacturedHousingIndustryDailyBusinessNewsMHProNews598

Washington, D.C., August 6, 2018 – The Manufactured Housing Association for Regulatory Reform (MHARR) reports that according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), year-over-year manufactured housing industry production growth was sustained in June 2018.

Just-released statistics indicate that HUD Code manufacturers produced 8,258 homes in June 2018, a 1.3% increase over the 8,152 HUD Code homes produced during June 2017.

Cumulative industry production for 2018 now totals 50,897 homes, a 9.4% increase over the 46,502 HUD Code homes produced over the same period in 2017.

A further analysis of the official industry statistics shows that the top ten shipment states from the beginning of the industry production rebound in August 2011 through June 2018 — with cumulative, monthly, current year (2018) and prior year (2017) shipments per category as indicated — are:

Top10ManufacturedHousingshipments2018CummulativeManufacturedHousingAssocRegulatoryReformMHARRTXLAFLALNCMSCAKYMITN-DailyBusinessNewsMHProNews

The latest information for June 2018 results in no changes to the cumulative top ten list.

About MHARR

The Manufactured Housing Association for Regulatory Reform is a Washington, D.C.-based national trade association representing the views and interests of independent producers of federally-regulated manufactured housing. 

ManufacturedHousingAssocRegulatoryReformJOINMHARRbani-200x200

Click the above to learn more, which is not connected to this report.

MHProNews Analysis

MHARR is statistically correct in pointing to the ongoing rise in shipments.  There are good reasons to celebrate any gain.

That said, as the Daily Business News on MHProNews reported last week, the statistics also point to a slowing of the growth rate. MHARR’s leadership, in a video previously posted, indicates that the industry ought to be fully engaging in the post-production side, in order to grow more rapidly.  As if to underscore that point, the latest HousingEconomics data reveals that conventional housing is outselling manufactured homes by more than 16 to 1.

HousingEconomics Releases New Data on U.S. Housing, Comparing MH and Stick Built Data

Given that data point, consider the wide cost difference between conventional and manufactured homes.

Fresh Facts, Figures, Future of Affordable Housing -Comparisons- Conventional Site-Built v Mobile/Manufactured Home Industry Data

Couple that with some state-specific data, and there are several states which represent a potential warning sign for HUD Code manufactured housing producers, and sellers – if this trend were to continue.

Significant Slowdown of New HUD Code Manufactured Home Production Growth in June, Per Latest Data

When one looks at the data for conventional housing starts, what this trend also reflects is the continuing underperformance of manufactured housing in the marketplace.

The related reports reflect several concerns being expressed by various industry voices, and those who are researching manufactured housing.

The industry historically did much more.  It can and should be doing more today. “We Provide, You Decide.” © ## (News, analysis, and commentary.)

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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.

Related Reports:

They Did It Before…Sunday Morning Manufactured Home Industry News Headline Recap July Aug 5, 2018

 

“Fixing Our Industry’s Terrible” Public Relations, a Proven Strategy

“Thou Shall Not Steal,” $2 Trillion Annually Lost to Lack of Affordable Homes, Making the Manufactured Home Case

 

Manufactured Housing National Research Report, Marcus & Millichap Manufactured Home Industry Performance Data

May 2nd, 2018 Comments off

MarcusMillichapManufacturedHousingNationalResearchReport

Potential for Higher Returns Lures New Buyers, Generating Competition; Supply of For-Sale Listings Remains Tight, Boosting Prices,”
Marcus & Millichap (M&M) National Report, First Half of 2018

 

A new research report has been provided by brokerage firm Marcus & Millichap to the Daily Business News.

For those in MHVille who don’t know Marcus & Millichap Inc (MMI), the following description is from their website.

NationalManufacturedHousingRegionsSubregionsMapMMIManufacrturedHomeCommunityIndustryDailyBusinessNewsMHProNews

Powered by Culture: George M. Marcus and William A. Millichap revolutionized the real estate brokerage industry. Marcus & Millichap was designed to go far beyond simply facilitating real estate transactions. It was developed as an entire system dedicated to maximizing value for real estate investors.”

As part of our ongoing periodic series on the true state of the manufactured housing industry, the following summary provided to MHProNews by MMI.  How good are they?  Here’s what a market snapshot tells you investors think of MMI.  Money talks.

MarcusMillichap(MMI)GoogleTickerManufacturedHousingIndustryDailyBusinessNewsMHProNews600

 

Investment Highlights

Buyers are flush with capital amid a scarce supply of available listings throughout most areas of the nation, which has resulted in more off-market transactions. Heightened demand is producing aggressive pricing that keeps cap rates steady despite the rise in interest rates.

In some areas of the country, for-sale listings are further reduced by resident groups in manufactured home communities exercising their right of first refusal and making offers to purchase the park.

PopulationShift65PlusMMIManufacturedHousingINdustryDailyBusinessNewsMHProNews

Exchange buyers remain active. Many of these investors are trading out of other commercial real estate product types, such as apartments, and are unfamiliar with owning a manufactured home community. In many instances the potential for higher returns is luring them to consider park ownership and they are willing to pay a premium to own, helping to drive prices higher.

Communities on well and septic are still slower to trade. Some buyers are searching for a value-add opportunity in parks that have the potential to be hooked up to these city services.”

MarcusMillichapListingsClosedPropertiesManufactuedHomeCommunitiesMHousingIndustryDailyBusinessNewsMHProNews

The MMI research and data reflects the growing demand for manufactured home communities that industry professionals have been reporting for several years, as was noted in last night’s snapshot report on RHP Properties.

Manufactured Home Communities Giant RHP Propertie$ Deal, plus Manufactured Housing Industry Connected Stocks, Market, Data Updates

 

East Region Mid-Atlantic Trends Vacancy:

Strong demand for affordable housing produced a 70-basis-point reduction in vacancy to an average of 6.6 percent during 2017. Vacancy was especially tight in Baltimore at 2.5 percent. Rents: The average rent rose 3.8 percent in 2017 to $381 per month, bolstered by a 5.1 percent surge in Baltimore. Rents have climbed 14 percent over the last five years.”

ManufacturedHomeCommunityPriceAppreciationTrendsMMIManufacuredHomeIndustryProfessionalDailyBusinessNewsMHproNews

The above gives you the flavor of the document, which is a free download.

MetroPerformanceMMIManufacturedHousingIndustryDaiilyBusinessNewsMHProNews

You can sign up for their full national report at this link, here.

 

The Takeaways? 

The facts speak for themselves.  But there are many takeaways, including that manufactured home communities – and the industry at large – could be doing significantly better than they already are.

But we’ll drill that down in an upcoming summary report on manufactured home communities, that should be ready by next week. Investors, industry professionals and advocates, stay tuned.  Newcomer?  Sign up for our industry leading emailed update headline news, below. ## (News, analysis and commentary.)

 

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

Related Reports:

 

Affordable Housing Focus Group – Comparing Housing Options – Conventional Houses, Condo, Rentals, and Manufactured Homes – Up for Growth, National Association of Realtor, Studies

 

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Latest Manufactured Home Shipment Data, for October 2017 Released

December 5th, 2017 Comments off
DeerValleyHomesProductionCenterMHLivingNews

Robert Gann in blue, touring Inside MH Road Show host, L. A. “Tony” Kovach, through Deer Valley Homebuilders production center, in Guin, AL.

Washington, D.C. – In a release to the Daily Business News, the Manufactured Housing Association for Regulatory Reform (MHARR) reports that “according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), year-over-year manufactured housing industry production grew once again during October 2017.”

Just-released statistics indicate that HUD Code manufacturers produced 8,636 homes in October 2017, a 20.7% increase over the 7,154 HUD Code homes produced during October 2016,” per MHARR.

Cumulative industry production for 2017 now totals 77,055 homes, a 14.9% increase over the 67,043 HUD Code homes produced over the same period in 2016,” the Washington based association that represents independent producers of HUD Code manufactured homes said.

A further analysis of the official industry statistics shows that the top ten shipment states from the beginning of the industry production rebound in August 2011 through October 2017  — with cumulative, monthly, current year (2017) and prior year (2016) shipments per category as indicated – are,” as shown in the summary chart, below.

ManufacturedHousingIndustryProductionDataOct2017ManufacturedHousingAssocRegulatoryReformHUDDeptHousingUrbanDevelopmentDailyBusinessNewsMHProNews

The latest information for October 2017 results in no changes to the cumulative top-ten list.

About MHARR

The Manufactured Housing Association for Regulatory Reform is a Washington, D.C.-based national trade association representing the views and interests of independent producers of federally-regulated manufactured housing,” said their release.

That means that MHARR is a production focused trade association, as opposed to a post-production association.

Study Recommending New Manufactured Housing Association for Independent Retailers, Communities, Lenders, Others Released

For a previous report by MHARR on post-production issues, click the linked image, above. ## (News, analysis, commentary.)

Does a 2017 Harvard Study Point to More Manufactured Home Industry Potential?

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The REAL Truth, vs. Fake News, About Modern Manufactured Homes

July 14th, 2017 Comments off

PBSNPRNews&ObserverFakeNewsLogoDailyBusinessNewsManufacturedHousingIndustryDailyBusinessNewsResearchDataReportsProNewsThere is an apparently ever-growing mountain of alleged ignorance – or agenda driven – reporting about manufactured homes.

  • PBS NewsHour,
  • NPR
  • and more recently The Raleigh, NC headquartered News & Observer are just 3 of many examples of what Marty Lavin, JD has paradoxically called, the manufactured housing industry’s other image campaign.”

In one sense, as Lavin noted, this isn’t new.

But what has accelerated are the following:

– the use of improper – and arguably demeaning terminology –

 

 

PublishingHandPickedInformationCanBeWorsefortheImpressionItMakesOnManufacturedHomesandOurIndustryThanStatingEntirelyFalseInfo-BradLovinNCMHA

For clarity – not everyone mentioned in these reports is holding MHI responsible for what Rolfe, Lavin and others have said is a failure by MHI to properly defend the industry. Darren Krolewski has specifically and publicly defended MHI.  Don’t assume that all those who speak out are for or against MHI.  Listen to and watch their words, and watch their deeds. That said, the story with Brad Lovin’s comment – shown above – is available by clicking the image above. 

The Daily Business News has seen media personalities, such as Keith Olbermann, who trashed talked the president, his guests and millions of Americans who live in pre-HUD Code mobile homes or post-code manufactured homes (see graphic, below).

WhenTrailerTrashIsntWhatYouThinkcreditMHProNews-postedtothedailybusinessnewsmhpronewsmhlivingnews

Newscasters and journalists are losing their careers over the use of every other insulting slang term — however minor — simply from special interest groups threatening to boycott the advertisers. So why is ‘trailer trash’ the one insulting term in the U.S. that you can use without any fear of reprisal? Is it because the average American feels it’s true,” asks Rolfe, “thanks to the consistent negative portrayal of the industry in the media?”

NorthCarolinaManufacturedHousingAssociationNCMHADialyBusinessNewsMHProNews469

Photo from NCMHA.

Those in the industry know that there are some terrible properties out there, but they are a tiny fringe group of the 44,000 communities in the U.S. The average manufactured home community resembles a traditional subdivision — sometimes nicer than the surrounding subdivisions. We can only change the ‘trailer park trash’ stereotype by convincing the general public that the term is unfair and offensive and not a statement of fact,” Rolfe told MHProNews.

KeithOlbermannReactionAgainstTrailerTrashCommentMHProNews

See the full, original story, by clicking the image above.

He added, That would generate a grassroots movement to protest the term aggressively and that, in turn, would scare the media away from ever using it again. If any journalist who uttered the phrase “trailer park trash” immediately lost their job, then it would disappear overnight.”

Rolfe’s Not Alone…

And, Rolfe is far from alone in his reactions.

It’s an absolute disgrace that this pejorative [“Trailer Park Trash”] somehow remains ‘socially acceptable’ among the politically correct elite and their mouthpieces,” said MHARR President & CEO, M. Mark Weiss, JD.

WhenTrailerTrashIsntWhatYouThinkcreditMHProNews3-postedtothedailybusinessnewsmhpronewsmhlivingnews

People like Olbermann, who routinely slam others over alleged ‘micro-aggressions’ and other fabricated nonsense, would do well to show proper and decent respect for the millions of hard-working Americans who are able to own a home of their own because of the unequalled affordability of manufactured homes located either in — or outside of — manufactured home communities,” Weiss said to MHProNews. “They, and a lot of other Americans living in the heartland of the country, deserve better than this type of arrogant slander.”

Marty Lavin questioned MHI’s ability and commitment to dealing with image issues, as was reported at this link here.

MartyLavinLashesManufacturedHousingInstituteMHIDruckerWorldWideRoperReportDailyBusinessNewsMHProNews

The Manufactured Housing Institute (MHI) Logo is their property, and is used here under fair use guidelines. Collage credit, MHProNews.

Enter the Reverend Donald Tye, Jr.

The Daily Business News recently introduced Rev. Donald Tye, Jr. to the manufactured housing industry, as a fresh new face willing to stand up for those who are not able or comfortable speaking up for themselves.

ReverandDonaldTyeJrDailyBusinessNewsManufacturedHousingIndustryResearchDataReportsMHProNews

The Rev. Donald Tye, Jr. – who is voluntarily taking on the mantle of manufactured home advocate.

Tye is part of this new video below, the first of a planned series.  His comments and that of the other guest in this episode of the Inside MH Road Show follow the home and factory tour — all of which clearly sets the stage for those who don’t understand the quality found in today’s manufactured housing.

While there are no known studies on this, an anecdotal sense is that many in media have further eroded the understanding that ‘mobile homes’ and ‘trailer houses’ haven’t been built in over 40 and 50 years, respectively. Manufactured homes are different, as Tye states in the video that follows.

It’s an evolution from the prior era, superior designs born of the implementation of the HUD Code for manufactured housing standards.

MHProNews knows from our sister operations in consulting, as well as from other sources, that large numbers of home owners, experts and potential consumers are prepared to be part of the solution to image and educational issues.

– Marty Lavin is not alone in doubting MHI’s ability (or motivations?) to successfully address these issues, especially when – as Frank Rolfe has said – they routinely refuse to engage in addressing problematic reports.

CreditsAsShownWeatherChannelManufacturedHousingIndustryDailyBusinessNewsMHProNews

Disclosures

None of those in this video have any direct connection to each other — the only common point is L. A. ‘Tony’ Kovach and his videographer. So it shouldn’t be construed that these know each other, or are working with each other in any formal fashion.

Rather, what this video that follows does are a few things.

USCapitolBuildingWashingtonDCLatestManufacturedHousingIndustryDailyBusinessNewsHUDCodeShipmentReportMHProNews-com

To see the latest HUD Code Manufactured Home Shipment Report, click the image above. If you are a first time-visitor to the Daily Business News, keep in mind that often – but not always – images are hot linked to other information.

1) Spotlight an operation that  reportedly is successfully growing at double the industry’s double-digit growth rates.  They are doing this specifically by debunking myths and misinformation;

2) that company does so beginning with compelling education, by supporting a better, more accurate understanding of manufactured homes today;

3) that industry firm allows customers, third party experts, and others knowledgeable about the issues to speak their minds, and thus share perspectives that may otherwise not be heard;

4) those interview clips directly challenge many false narratives about modern manufactured homes today;

5) those interviewed are not compensated – they share, as Tom Fath said in an interview linked here –  because they want to be part of the solution;

6) We’ve spotlighted Terry Reynolds previously, who will also appear near the end of this video;

7) New on video to our readers is Rev. Donald Tye, Jr.  Tye shares experiences of factory-built homes – and closes on thoughts that are not to be missed by those who are tired of too little being done to address a long overdue correction of ignorance and prejudice about modern manufactured homes.

DonaldTyeJrNewFaceFactoryBuiltHousingAdvocacyHUDDrCarsonDailyBusinessNewsMHProNews-563x430

Every element and point made by this video supports and benefits from the other.

There’s nothing quite like this, until now. Watch it, then share it with others.  Become, as Tye is demonstrating, an active manufactured home advocate.

Potential Power

Scientia potentia est,” as best selling author and speaker Tony Robbins says, “Knowledge isn’t power.”  Rather “Knowledge is potential power.”

That power of knowledge is unlocked, says Robbins, only when it is put to use.

Millions of current and potential home owners are depending on others – on people, professionals – to help them stand up to this fake news barrage. ## (News, analysis, commentary.)

(Image credits are as shown above.)

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

Eric Conn ‘Trailer Law Complex’ Social Security Attorney ‘On the Lam’

June 26th, 2017 Comments off

EricCConnManufacturedhousingLegalComplexTrailerHousesMobileHomesSICDailyBusinessNewsMHProNewsSocial Security disability lawyer Eric C. Conn plead guilty earlier this year to a scheme that defrauded the federal government of over half-a-billion dollars. While a legacy factory-built housing professional yesterday quipped, tongue in cheek, that the real Ponzi scheme is social security itself, “The Conn Mann,” a judge and psychologist are the ones in the legal hot seat.

What makes this unfortunate case manufactured housing news is regrettably where Conn’s offices are.

That shouldn’t be news, but is because it’s prominently mentioned by local media – and is shown in photos published even on national news websites.

Conn has now jumped bail, and has reportedly fled the country to a nation that has no extradition treaty with the U.S.

FBIoffering20000rewardCaptureEricConnDailyBUsinessNewsMHProNews

The FBI is offering a sizable reward for Conn’s capture. Conn is ‘on the lam,’ having fled the U.S. after posting a 1.25 million dollar bond.

Conn, along with retired administrative law judge, David Daugherty, and Dr. Alfred Bradley Adkins, a psychologist, were the big names tied up with this massive fraud case, that’s drawn national attention.

EricEConnFelonSocialSecuritySchemeAttorneyKYRingleaderManufacturedHomeOfficesDescribedAsTraileHouseLawComplexMobileHomeLawComplexDailyBusinessNewsMHProNews

One of several examples of how the manufactured homes being used for Conn’s law office are being prominently featured, as if it’s part of the story. Image credits are as shown.

EricCConnKyForkySocialSecurityAttorneyFraudArrestFlightJumpedBondDailyBusinessNewsMHProNews

Photo credit, KYForky.

Part of the tragedy is that roughly half of those who use Conn’s services reportedly may lawfully be due social security benefits, but this matter has cast a cloud over all, even though so far none of Conn’s clients are actually implicated in the case.

Two Sides of the coin for Manufactured Housing’s Image

MHLivingNews and others in media – such as TMZ – have pointed out that celebrities like Stevie Nicks, Matthew McConaughey, Minnie Driver, Pamela Anderson and Betsy Russell are among those who have or do live in elegant, upscale manufactured homes.

https://www.manufacturedhomelivingnews.com/oh-paradigm-shift-million-dollar-manufactured-homes-for-rich-and-frugal/

Those stars are arguably a plus to uplifting the image and acceptance of the industry, especially given the growing need for quality affordable homes in the U.S.

But the opposite side of the coin are those cases – such as Conn’s sad saga – when a notorious celebrity is associated with manufactured homes. When the local drug dealer – or the guilty-plead, fleeing felon, like Conn – get dragged through the mud, the image of our industry often unjustly gets pulled with it.

MariBlaquiereHighlandMobileParkStPetersburgFLAboutKeithOlbermannTrailerParkTrashRemark (1)

Because millions living in manufactured homes hate the stigma – as has often been reported here and on MHLivingNewsthe industry would be wise to put more muscle behind efforts to lift the image, and protect against one of the last seemingly acceptable derogatory smears tolerated in the U.S.

PoetManufacturedHomeGettingRidTrailerTrash

CNBC’s Take on “The Conn Man”

Where to begin?” asks CNBC.

There’s the one where Conn — better known in Kentucky as “Mr. Social Security” — cruises around town in a Rolls-Royce, pulls up in front of a Lincoln Memorial replica, and banters with a young woman in a trench coat.”

The colorful attorney — who had been charged with conspiracy, fraud, false statements, money laundering and other related offenses in connection with the scheme — faces up to 12 years behind bars.”

It was totally predictable that he would flee,” attorney Ned Pillersdorf, who represents Conn’s ex-clients, per the Associated Press (AP). “I was always shocked that, when he was arrested, he was actually allowed out on bond. And there has been a betting pool going on in Prestonburg on not if he would flee,” but when.

From Outrageous Celebrity, Hoping for an Obama Appointment, to Now Being a Fugitive

Kentucky lawyer Eric Conn hired the “Obama girl” for what was dubbed as a campaign video, which in the video news report on this page, Conn claims that President Obama himself saw.

Conn’s Recent Flight from Justice, and MH

The case is a stark reminder of how much work the HUD Code manufactured home industry has ahead of it, in distancing itself from the ‘trailer house’ and ‘mobile home’ era images.

The Daily Business News reported on the dust-up caused by Keith Olbermann who outlandishly accused some of President Trump’s white house guests of being “trailer park trash.”

WhenTrailerTrashIsntWhatYouThinkcreditMHProNews3-postedtothedailybusinessnewsmhpronewsmhlivingnews

As community professional and MHI/NCC member, Frank Rolfe said, “Newscasters and journalists are losing their careers over the use of every other insulting slang term — however minor — simply from special interest groups threatening to boycott the advertisers. So why is ‘trailer trash’ the one insulting term in the U.S. that you can use without any fear of reprisal?”

WhenTrailerTrashIsntWhatYouThinkcreditMHProNews-postedtothedailybusinessnewsmhpronewsmhlivingnews

Is it because the average American feels it’s true,” asks Rolfe, “thanks to the consistent negative portrayal of the industry in the media?” “In today’s politically correct world, why is it acceptable to use such a derogatory term as “trailer park trash“?

It’s the ongoing negative news drum-beat that caused us to launch Manufactured Home Living News,” said publisher L. A. ‘Tony’ Kovach.It’s been called the best thing ever done in the HUD Code Manufactured Home industry to boost the education and image of our homes ever done to date.  But this needs more support to grow the effort, as incidents like Conn’s and Olbermann’s make clear. The Manufactured Home Industry needs the equivalent of what the Jewish ADL does to fight anti-Semitism. We need to fight prejudice and promote the good of our industry too,” he said. 

ManufacturedHomeIndustryNeedsADLEquivelantFightPrejudicePromoteGoodWorthBillionstoIndustryLATonyKovachMHLivingNewsMHProNews

That would be worth billions a year to our industry.” ##

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