Posts Tagged ‘Robert Romano’

Sunday Morning Weekly Recap Manufactured Housing Industry News January 1st 2017 to January 8th 2017

January 8th, 2017 Comments off

sunday-morning-weekly-manufactured-home-pro-news-recap-1-4-to-1-10-2015-mhpronews-com-A new year, a new month, and a new set of featured articles are found on the home page.

Our theme for will be posted on the Masthead blog Tuesday. More Featured Articles will be posted Tuesday, including addtional ones that are upcoming trade show related.

To see the initial line-up of 3-dozen featured articles for this month, along with the headline commentary, please go to the home page and scroll  below the two center Daily Business News modules.

Manufactured, modular and prefabricated home professionals know that how a home got to its location should not define a person or their dwelling.

What the Daily Business News spotlights day-by-day are the tragedies, triumphs and struggles for acceptance of the obvious solution for millions for the growing affordable housing crisis in the U.S. and beyond.


When you read the lineup for the month found on the home page, you can reflect on another motto as you chart your own professional path ahead: 

We Provide, You Decide.”  ©


What’s New On MHLivingNews



Owner Proves to Skeptics that Seeing is Believing with Today’s Manufactured Homes


A “City” Consisting of Only Manufactured Homes


Manufactured Home Owners – Satisfaction Survey Redux


What’s New On MHProNews


Saturday January 7th, 2017


How Ben Carson Could End Public Housing at HUD


Friday January 6th, 2017


Carlyle Group, Sun Communities Up, Manufactured Housing CV Down, Broader Markets Hit New Highs


The Russians Are Coming With PreFab Homes


Agency Offers “Mobile Home Improvement Loans” for Communities and Homes


First Canadian to be Inducted in RV/MH Hall of Fame Class of 2017


Security Mortgage Group Finances $40,853,000 for Communities in a Week


Thursday January 5th, 2017


Deer Valley Leaping, UMH, UFPI, MHCV dip, Broader Market Profit Taking


Anti Community MHAction Targets Frank Rolfe, RV Horizons and ELS


2017 Millennial Housing Revolution. What About Manufactured Housing?


Texas Manufactured Housing Association Houston Metro Community Owners Event Approaches


More Investor Moves, Insider Action at Sun Communities


Wednesday January 4th, 2017


Big Day for Patrick, Tricon, Manufactured Housing CV, Broader Markets Up


VP Elect Pence Vows Promises Will Be Kept, Jobs, ObamaCare and Regs in Video


“Jail Him!” NPR’s “Mobile Home Park Owners Can Spoil An Affordable American Dream” Refuted


A Closer Look at Mover – Deer Valley Homebuilders Corp (DVLY) Market Data


Gallup – U.S. Liberals Up, but America Still Center-Right Nation Politically


Tuesday January 3rd, 2017


State of the Industry Report – No Spin, says Chuck Shinn, Ph.D.


Sky Falls, Nobility Spikes, Deer Valley Leaps Again – Russell+3 – Trump Rally Resumes


Media-Based Attack on Investor-Owned Communities=’The Private Equity Takeover of America’s Neighborhoods’


Trexler Cites Regulatory, Economic Conditions in 2016 – Nobility Homes Announces Quarterly Sales, Income, Profit Results


New January Issue, Tech Update and Scheduling Notice


Monday January 2nd, 2017 


It’s Not Just Stocks – Dollar Energized, Moving Up vs World Currencies – MH Impact?


New Federal Lending Option “Opens” for Manufactured Homes in Quiet, pre-New Year Report


Thompson – ‘OMG! Manufactured Home Like My $200,000 House!’


Buffett, Billionaires Benefit from Trump Market Jump


Sunday January 1st, 2017


More Garbage or More Good in 2017 for MHVille?


Happy New Year, 2017 to Manufactured, Modular & PreFab Housing Industry Professionals, Investors ##


(Image credits are as shown above.)



RC Williams, for Daily Business News, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.

How Ben Carson Could End Public Housing at HUD

January 7th, 2017 Comments off

Credit: Americans for Limited Government.

In an op-ed by Robert Romano, Senior Editor at Americans for Limited Government, addressed three ways that incoming HUD Secretary Ben Carson could end public housing at the Department of Housing and Urban Development (HUD).

To set the stage for Romano’s column, recall that in selecting Carson for the role of HUD Secretary, President-elect Donald Trump said the following:

Ben Carson has a brilliant mind and is passionate about strengthening communities and families within those communities. We have talked at length about my urban renewal agenda and our message of economic revival, very much including our inner cities. Ben shares my optimism about the future of our country and is part of ensuring that this is a Presidency representing all Americans. He is a tough competitor and never gives up.


Ben Carson prepares to endorse Donald Trump. Credit: ZeroHedge.

Daily Business News readers should note too that public discussion among Democrat leaders is that eight of Trump’s picks for cabinet positions will be targeted during the confirmation process, but Carson is not on that list.

So, with the idea of urban renewal and overall economic revival, just what can Carson do to reform the current nation’s public housing? asked Romano in his op-ed in the Sun Prairie Star.

How about by eliminating it?

Romano cites that Carson could make privatizing mortgage giants, Government Sponsored Enterprises (GSEs) Fannie Mae and Freddie Mac, which were placed in conservatorship under the Federal Housing Finance Agency (FHFA) since 2008 after the financial crisis a top priority.


Robert Romano. Credit: RightNetDaily.

Carson in his capacity will sit on the Federal Housing Finance Oversight Board, which advises the FHFA,” said Romano.

One notable pick to the Trump transition team was American Enterprise Institute scholar Edward Pinto to the Federal Housing Finance Agency landing team. Pinto is a former chief credit officer at Fannie Mae. If anybody knows a thing or two about not only the GSEs, where he worked, but the financial crisis and how to prevent another one, it is Pinto. It was Pinto who penned the forensic audit of the GSEs in 2010 that outlined the primary causes of the financial crisis, including the concentration of $1.8 trillion of high risk mortgages at the GSEs.

Romano next points to public housing.

Carson might also set his sights on the 1.1 million households living in public housing units, and privatizing that, too. Carson, who grew up in inner city Detroit, would be well familiar with the challenges faced the nation’s inner cities,” said Romano.



Credit: National Mortgage News.

For ideas on improving conditions, Carson need look no further than Poland, Hungary, Slovakia and Romania in the late 1980s when the Soviet Union was falling apart, where public housing was rapidly privatized with great effect. The plan decentralized housing policy from national to local control, and critically, turned over ownership of state-run housing units directly to the people who lived in the units under extremely favorable terms.

A move in this direction, according to Romano, opens up additional opportunities.

As the units were privatized, turning title directly over to the tenants, it instantly created a private market for that housing. The owners could sell, but many of them chose to rent, and instantly had long-lasting incomes generated. It was a win-win. The same thing could be done in the federal and state government-owned housing units here in the U.S., creating a real stake by residents in urban renewal, and generating a new market for housing and refurbishing the existing stock. This will create economies where there were none, and opportunities to those who need it the most.

As a final point, Romano suggests that Carson look at some Obama era regulation.


Credit: Neon Tommy.

Carson might also want to take a look at rescinding an Obama era regulation, ‘Affirmatively Furthering Fair Housing’ (AFFH) currently conditions $3 billion of yearly community development block grants on 1,200 recipient cities and counties rezoning neighborhoods along income and racial guidelines. The rule directs municipalities “to examine relevant factors, such as zoning and other land-use practices that are likely contributors to fair housing concerns, and take appropriate actions in response” as a condition for receipt of the block grants,” said Romano.

This is massive overreach by the federal government, and basically puts bureaucrats in Washington, D.C. in charge of determining if neighborhoods are too racially divided or not. In the meantime, it ignores the reality that people choose where they live, by buying or renting, and based on where their employment opportunities.

In closing, Romano makes a very strong statement to the potential future for Carson.

If Carson did just those three things, he would be the most free market and successful Secretary of the Department of Housing and Urban Development in U.S. history, by getting the government out of the business of choosing winners and losers in housing finance, empowering individuals to have a greater stake in their communities and ending the federal government’s public housing failure once and for all.


For detailed coverage of the nomination of Dr. Ben Carson as HUD Secretary, including an open letter from MHProNews and MHLivingNews publisher L.A. “Tony” Kovach, click here. ##

(Image credits are as shown above.)


RC Williams, for Daily Business News, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.