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Posts Tagged ‘Seattle Times’

CNBC, Bloomberg Economic, Jobs Surprising Sept Data – Manufactured Housing Industry Market Updates

October 6th, 2017 Comments off

CNNmoney10.6.2017ManufacturedHomeStocksMarketsReportsMHProNewsIf you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports’ are found further below, just beyond the Manufactured Housing Composite Value for today.

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

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

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

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

Selected headlines and bullets from CNN Money:

  • NYT wants Weinstein to waive non disclosures
  • More companies quit Catalonia
  • Company behind ‘Fearless Girl’ settles pay dispute
  • Despite safer cars, traffic fatalities are on the rise
  • Lack of construction workers will slow rebuilding
  • Apple’s Jony Ive: Some people ‘misuse’ iPhones
  • Trump faces big decision on Fed chief
  • Houston still has a long way to go
  • Boeing v. Bombardier: Tariff is now 300%
  • Apple teases hundreds of new emoji
  • Bump stocks selling briskly since Vegas attack

Selected headlines and bullets from Fox Business:

  • Trump signs proclamation honoring US manufacturers
  • US consumer borrowing rose at a slower pace in August
  • Hurricanes Harvey, Irma sink US payrolls in September
  • S&P 500 breaks record run on jobs data, drug chain drop
  • Oil down 2%, set to end five-week rally as oversupply fears resurface
  • Lawmakers fight back against state and local deduction elimination
  • Ann Coulter on media coverage of Las Vegas shooting
  • San Jose mayor refuses to bid to be Amazon’s new HQ
  • AOL Instant Messenger to sign off
  • Panthers coach: Cam Newton’s apology ‘needed to be said’
  • U.S. Treasury outlines sweeping reform of capital markets
  • Diamondbacks coach apologizes for wearing Apple Watch during MLB playoff game
  • Will Tesla’s Elon Musk rebuild Puerto Rico’s power grid?

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

MediaBiasChartSharylAttkissonLeftRightPostedDailyBusinessNewsMHProNews

Full Measure’s Sharyl Attiksson’s media bias chart is useful in sorting out the agendas behind various headlines and news sources.

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

S&P 500 2,549.33 -2.74(-0.11%)

Dow 30 22,773.67 -1.72(-0.01%)

Nasdaq 6,590.18 +4.82(+0.07%)

Crude Oil 49.32 -1.47(-2.89%)

Gold 1,277.50 +4.30(+0.34%)

Silver 16.82 +0.18(+1.09%)

EUR/USD 1.1736 +0.0025(+0.21%)

10-Yr Bond 2.37 +0.02(+0.85%)

Russell 2000 1,510.23 -1.86(-0.12%)

9MarketIndicatorsYahooFinance10.6.2017DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value

 YahooFinanceManufacturedHousingCompValue10.6.2017DailyBusinessNewsStocksMarketsDataReportsMHProNews

Today’s Big Movers

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

Today’s MH Market Spotlight Report –

We spotlight news from and reports from across the political, economic and industry spectrum for good reasons.

That’s the only way an open-minded person can begin to grasp the truth of a subject.   Look at the facts and claims from all sides, apply some common sense, and see where those facts take you.

 

CNBCSeptJobsReportDailyBusinessNewsMHProNews
CNBCWheretheJobsAreSeptJobsReportDailyBusinessNewsMHProNews

On the question of the economy, Bloomberg is a left-of-center publication, as Sharyl Attiksson’s media bias chart further above reflects. Bloomberg leans Democratic. While not formally giving the president and the Trump Administration credit, the facts Bloomberg reports in the video and chart below underscore a jobs report – linked here or from the graphic below – that shared similar facts.

StormCloudsSeptemberJobsReportDailyBusinessNewsMHProNewsCooltText576

America is moving in a better economic direction.  There is still much to do, but the early results are promising.  It bodes well for the economy, for workers, and for the manufactured housing industry.

See Recent Exclusive 1 Year Snapshot of All Tracked Stocks

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

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

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

 10.6.2017DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

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

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

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

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

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

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

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

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

Controversial! Vanderbilt Mortgage (VMF) Creates News Manufactured Home Community Lending Program, MH Market Updates

October 5th, 2017 Comments off

CNNmoney10.5.2017ManufacturedHomeStocksMarketsReportsMHProNewsControversial Berkshire Hathaway unit, Vanderbilt Mortgage and Finance (VMF), has announced the launch of a new program.  Details on that will be found in tonight’s spotlight report, further below.

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

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

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

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

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

Selected headlines and bullets from CNN Money:

  • The 7 trips Steven Mnuchin took on gov. planes
  • Blue Origin to take tourists to space within 18 months
  • Bump stocks selling briskly since Vegas attack
  • General Electric is taking away executives’ cars
  • Mnuchin travel probe: No legal violation found
  • The Dow could be so hot that it melts
  • Harvey Weinstein apologizes, intends to sue NY Times following sexual harassment story
  • Equifax breach: 6 things Congress can do to help
  • Trump hits a new low in attacks on the free press Trending
  • Netflix is raising its prices Trending
  • Is it too late to buy stocks?

Selected headlines and bullets from Fox Business:

  • Mercer bucks ally Bannon in not supporting Grimm comeback
  • Kevin Hassett throws down gauntlet in tax reform battle, slams think tank
  • House passes GOP budget in key step for upcoming tax debate
  • Wall St extends record run on tax overhaul optimism, solid data
  • Oil rises 2%, boosted by potential OPEC deal
  • As tax overhaul unfolds, some investing angles to consider
  • Harvey Weinstein to take leave amid sexual harassment report
  • Las Vegas massacre forces hotels to re-evaluate security measures
  • NFL’s Cam Newton loses sponsor over ‘sexist’ remarks to female reporter
  • Costco’s quarterly profit, sales beat estimates
  • Trump expected to decertify Iran nuclear deal, official says
  • Diamond Resorts founder challenges NRA head to come to Las Vegas, debate
  • Mnuchin’s travel violated no laws, Treasury report says
  • Whirlpool wins key US vote in bid to curtail cheap imports from rivals Samsung, LG
MediaBiasChartSharylAttkissonLeftRightPostedDailyBusinessNewsMHProNews

Full Measure’s Sharyl Attiksson’s media bias chart is useful in sorting out the agendas behind various headlines and news sources.

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

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

S&P 500 2,552.07 +14.33(+0.56%)

Dow 30 22,775.39 +113.75(+0.50%)

Nasdaq 6,585.36 +50.73(+0.78%)

Crude Oil 50.74 -0.05(-0.10%)

Gold 1,271.30 -1.90(-0.15%)

Silver 16.64 +0.00(+0.01%)

EUR/USD 1.1708 -0.0003(-0.03%)

10-Yr Bond 2.35 +0.02(+0.86%)

Russell 2000 1,512.09 +4.32(+0.29%

 9MarketIndicatorsYahooFinance10.5.2017DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value

 YahooFinanceManufacturedHousingCompValue10.5.2017DailyBusinessNewsStocksMarketsDataReportsMHProNews

Today’s Big Movers

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

Today’s MH Market Spotlight Report –

 ControversialVMFVanderbiltMortgageFinanceBerkshireHathawayCompanyLogoLaunchesMHCommunityCommericalLendingProgramDailyBusinessNewsMHProNews

In a media release, Berkshire Hathaway, and Clayton Homes’ long-time “captive” controversial lending unit, Vanderbilt Mortgage has dived into a competition with the industry’s commercial mortgage brokers.

The national home lender previously originated loans exclusively for consumer manufactured housing,” said the VMF release on Markets Insider,but now it is expanding its operations to include lending to land-lease communities (manufactured housing communities and parks). Vanderbilt will offer commercial financing in select states, with a focus on making loans in the $1 million to $5 million range.”

That would put them in direct competition with other industry commercial loan originators and brokers, several of which are Manufactured Housing Institute (MHI) members.

Congressional and Non-Profit Allegations, CFPB Investigation

As was reported recently at this link here, VMF has been accused by congressional lawmakers of “near monopoly” practices, along with:

  • Racism,
  • Steering, and
  • Predatory Lending practices.
EricHamiltonVanderbiltMortgageFinancePhotoCreditLinkedinDailyBusinessNewsMHProNews

Eric Hamilton Vanderbilt Mortgage Finance (VMF), photo credit, LinkedIn.

MHProNews reached out again today to VMF President, Eric Hamilton, asking him to confirm or deny claims of current and pending fines against their firm, as well as giving him an opportunity to denounce all racism.

Once more, as of this publishing, Hamilton declined comment.

MHProNews readers will be advised if Hamilton, MHI or other Berkshire Hathaway units will make a statement on these thorny issues.

MHI has been scrutinized for allegedly tilting towards Berkshire Hathaway in its operation, and for engaging in controversial practices questioned by some of its own members. Three of several examples that involve lending are linked here, here, and here.

Which begs the question.  Will MHI now tilt towards VMF in matters relating to commercial finance, to the detriment of other industry members?

HillaryClintonWarrenBuffettCreditBostonGlobePostedManufacturedHousingIndustryResearchDataReportsDailyBusinessNewsMHProNews-com-

Hillary Clinton, left, Warren Buffett, right. Credit – Boston Globe.  But Buffett’s stock has soared since the Trump victory, but he supported Clinton, who supported Dodd-Frank and the CFPB’s onerous burdens on independent manufactured home lenders, some of whom were pushed out of the industry’s lending, due to regulatory risks. For more examples, click this link here.

Their release notes that they’ve been “In business for more than 40 years, the company currently services more than 180,000 home loans…”

Consumer Affairs website gives an overall positive review of the firm, but they include a posted statement that says, “Vanderbilt Mortgage pays a monthly fee to participate in the Consumer Affairs accreditation program and may also pay a referral fee for links on our site.”  The screen capture below reflects the other side of VMF’s public reviews.

VanderbiltMortgageFinanceReviewsComplaintsComplaintsBoardRipoffReportPissedConsumersGoogleDailyBusinessNewsMHProNews

IReportMHNewsTips@MHMSM-comMHProNews

To report a news tip, click the image above or send an email to iReportMHNewsTips@mhmsm.com – To help us spot your message in our volume of email, please put the words NEWS TIP in the subject line.

See Recent Exclusive 1 Year Snapshot of All Tracked Stocks

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

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

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

 10.5.2017DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

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

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

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

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

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

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

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

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

 

New AI Tech – Catch the Eyes in Lies, Video – Plus, MH Market Updates

October 4th, 2017 Comments off

CNNmoney10.4.2017ManufacturedHomeStocksMarketsReportsMHProNewsIf you have stock in a polygraph company, now might be a good time to sell it.  Learn about the new technology – detection of deception – being used by banks, businesses and governments, to catch the liars, further below.

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

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

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

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

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

  • Trump can’t just wipe out Puerto Rico’s debt
  • Probe of Mnuchin’s travel is nearly complete
  • Senate Intel chair: Russian ads intended to ‘create chaos’
  • Top Senate Democrat wants details of Mnuchin aide’s trip
  • Puerto Ricans don’t care about politics, they need water
  • DACA’s end could kill these small businesses
  • The eyes expose our lies. Now AI is noticing.
  • Conservatives hate deficits unless they finance tax cuts
  • Senators shocked that Equifax awarded federal contract
  • How to save for retirement if you don’t have much money
  • Is it too late to buy stocks?

Selected headlines and bullets from Fox Business:

  • Steve Bannon backs ex-con Grimm in NY Republican race
  • Wall Street extends run of record highs; services data upbeat
  • Oil slips after surprising increase in U.S. crude exports
  • Hurricanes hit U.S. hiring in September, services sector resilient
  • Las Vegas killer’s girlfriend says he left her in the dark
  • Tax reform debate dividing GOP’s key players
  • Lawmakers target Equifax over $7M IRS contract
  • Ford bets on trucks, SUVs to invest in future
  • Google launches new phones, speakers in hardware push
  • Anheuser-Busch to retain NFL sponsorship despite protest hotline
  • These CEOs may mull White House run after Trump’s win
  • National Taco Day: Taco Bell, On the Border celebrate with discount deals
  • 5 Top Stocks for October

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

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

S&P 500 2,537.74 +3.16(+0.12%)

Dow  22,661.64 +19.97(+0.09%)

Nasdaq 6,534.63 +2.91(+0.04%)

Crude Oil 49.93 -0.49(-0.97%)

Gold 1,277.70 +3.10(+0.24%)

Silver 16.62 -0.02(-0.15%)

EUR/USD 1.1755 -0.0002(-0.02%)

10-Yr Bond 2.33 -0.004(-0.17%)

Russell 2000 1,507.76 -4.20(-0.28%)

 9MarketIndicatorsYahooFinance10.4.2017DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Manufactured Housing Composite Value

 YahooFinanceManufacturedHousingCompValue10.4.2017DailyBusinessNewsStocksMarketsDataReportsMHProNews

Today’s Big Movers

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

Today’s MH Market Spotlight Report –

The company says it is about 90 percent accurate, about the same as a polygraph.  Will time continue to advance the accuracy of this lie-detecting technology?

The EyeDetect wants to replace the traditional polygraph test. The AI tool analyzes your eye movement to detect possible deception.

EyesExposeOurLiesCNNMoneyDailyBusinessNewsMHProNews

Still from the video, above.

 

If you have stock in a polygraph company, now might be a good time to sell it.  Learn about the new technology – detection of deception – being used by banks, businesses and governments, to catch the liars, in the video above the still.  Does your business need this tool to detect the dishonest?

See Recent Exclusive 1 Year Snapshot of All Tracked Stocks

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

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

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

 10.4.2017DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

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

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

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

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

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

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

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

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

 

 

Senator wants “Perp Walk” Officials with Berkshire Hathaway Connected Lender, Senate Colleague Disputes; plus MH Market Updates

October 3rd, 2017 Comments off

CNNmoney10.3.2017ManufacturedHomeStocksMarketsReportsMHProNewsTime for a “perp walk,” says one senator, while her colleague says the accused is “trying.” What does the accused say?  Who’s on first base on this MH lender-connected issue?

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

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

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

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

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

Selected headlines and bullets from CNN Money:

  • Puerto Rico is still in a major cash crunch
  • Ford to slash $14 billion in costs
  • 5 numbers that prove Puerto Rico is still in crisis
  • Snapchat teams up with Jeff Koons on AR sculptures
  • Apple update fixes iPhone 8 crackle issues
  • Will international tourists shun Vegas?
  • Bannon, Breitbart warn Trump on gun control
  • Warren Buffett trolls Trump and GOP on tax cuts
  • Warren to Wells Fargo CEO: ‘You should be fired’
  • ID theft nightmares: ‘It’s the fear of losing money’
  • Tom Petty’s daughter angry over inaccurate report

 

Selected headlines and bullets from Fox Business:

  • Equifax awarded $7M anti-fraud prevention contract by the IRS
  • New Equifax CEO could get $3M payday
  • Major indexes hit record highs 2nd day; autos, airlines jump
  • Oil prices dip on profit-taking and U.S. production fears
  • Yahoo says all 3B accounts affected in 2013 hack
  • Social Security number has ‘outlived its usefulness’, WH cybersecurity coordinator says
  • MGM contributes $3M to Las Vegas shooting victims’ fund
  • Elizabeth Warren: Wells Fargo CEO should be fired
  • Las Vegas shooter wired $100k to the Philippines
  • GM making ‘rapid progress’ toward self-driving car deployment: executive
  • Amazon, Georgia: If you name it, will company come?
  • Las Vegas gunman Stephen Paddock described as well-off gambler, loner
  • Auto sales rebound in September
  • Yankees star Aaron Judge tops MLB jersey sales in 2017
  • Ford CEO faces first big test as he meets with investors
  • The Latest: Owners of plant that burned during Harvey sued

 

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

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

S&P 500 2,534.58 +5.46(+0.22%)

Dow 30 22,641.67 +84.07(+0.37%)

Nasdaq 6,531.71 +15.00(+0.23%)

Crude Oil 50.36 -0.22(-0.43%)

Gold 1,273.50 -2.30(-0.18%)

Silver 16.65 -0.01(-0.05%)

EUR/USD 1.1748 +0.0014(+0.12%)

10-Yr Bond 2.334 -0.003(-0.13%)

Russell 2000 1,511.97 +2.49(+0.17%)

 9MarketIndicatorsYahooFinance10.3.2017DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value

 YahooFinanceManufacturedHousingCompValue10.3.2017DailyBusinessNewsStocksMarketsDataReportsMHProNews

Today’s Big Movers

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

Today’s MH Market Spotlight Report –

Senate Banking Committee Battle on MH Lender, Wells Fargo, Continues

 TimSloanCEOWellsFargoSenatorsElizabethWarrenD-MAJonTestorD-MT-DailyBusinessNewsMHProNews

Wells Fargo continues to hold the news coverage coming from the Senate Banking Committee. Senator Elizabeth Warren (D-MA) has called for a “perp walk” of those guilty in the ongoing scandal that’s embroiled the lender, which has ties to both Berkshire Hathaway and manufactured housing lending.

At best you were incompetent, at worst you were complicit,” Senator Warren said. “Either way, you should be fired.”

Meanwhile, Senator Jon Testor (D-MT) pushed back on his colleague, saying about the Wells CEO “Tim Sloan’s trying to do the right thing,” but adding that the bank must fix its culture.

The videos above provide key statements from each of those three voices.

For a prior report – including the top 5 MH Industry lending companies – click here. “We Provide, You Decide.”  © 

See Recent Exclusive 1 Year Snapshot of All Tracked Stocks

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

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

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

 10.3.2017DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

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

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

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

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

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

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

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

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

 

 

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

October 2nd, 2017 Comments off

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

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

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

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

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

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

Selected headlines and bullets from CNN Money:

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

Selected headlines and bullets from Fox Business:

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

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

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

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

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

Nasdaq 6,516.72 +20.76(+0.32%)

Crude Oil 50.54 -1.13(-2.19%)

Gold 1,274.10 -10.70(-0.83%)

Silver 16.60 -0.07(-0.43%)

EUR/USD 1.1735 -0.0078(-0.66%)

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

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

9MarketIndicatorsYahooFinance10.2.2017DailyBusinessNewsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value

 

Today’s Big Movers

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

Today’s MH Market Spotlight Report –

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

 

ManufacturedHousingIndustryTop5LendersDailyBusinessNewsManufacturedHomeMHProNews


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

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

•             Wells Fargo chief also will speak with lawmakers about scandal

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

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

BankVaultDoorFinancialServicesIndustryDailyBusinessNewsMHProNews

See Recent Exclusive 1 Year Snapshot of All Tracked Stocks

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

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

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

 10.2.2017DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

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

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

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

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

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

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

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

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

 

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

September 29th, 2017 Comments off

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

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

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

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

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

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

Selected headlines and bullets from Fox Business:

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

 

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

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

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

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

Nasdaq 6,495.96 +42.51(+0.66%)

Crude Oil 51.59 +0.03(+0.06%)

Gold 1,282.80 -5.90(-0.46%)

Silver 16.68 -0.17(-0.99%)

EUR/USD 1.1819 +0.0036(+0.31%)

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

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

9MarketIndicatorsYahooFinance9.29.2017DailyBusinessNewsManufacturedHousingIndustryStocksMarketsReportsDataMHProNewsManufactured Housing Composite Value

 YahooFinanceManufacturedHousingCompValue9.29.2017DailyBusinessNewsStocksMarketsDataReportsMHProNews 

Today’s Big Movers

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

Today’s MH Market Spotlight Report –

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

 

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

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

 

See Recent Exclusive 1 Year Snapshot of All Tracked Stocks

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

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

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

 9.29.2017DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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

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

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

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

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

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

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

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

 

 

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

September 28th, 2017 Comments off

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

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

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

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

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

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

Selected headlines and bullets from Fox Business:

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

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

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

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

Dow 22,381.20 +40.49(+0.18%)

Nasdaq 6,453.45 +0.19(+0.00%)

Crude Oil 51.59 -0.55(-1.05%)

Gold 1,290.30 +2.50(+0.19%)

Silver 16.90 +0.07(+0.43%)

EUR/USD 1.1786 +0.0042(+0.36%)

10-Yr Bond 2.309 0.00(0.00%)

Russell 2000 1,488.79 +3.97(+0.27%

9MarketIndicatorsYahooFinance9.28.2017DailyBusinessNewsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Manufactured Housing Composite Value

 YahooFinanceManufacturedHousingCompValue9.25.28.17DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

Today’s Big Movers

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

Today’s MH Market Spotlight Report –

White House Tax Proposal, President Trump’s Video Remarks

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

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

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

 

See Recent Exclusive 1 Year Snapshot of All Tracked Stocks

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

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

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

 9.28.2017DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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

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

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

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

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

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

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

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

 

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

September 27th, 2017 Comments off

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

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

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

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

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

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

Selected headlines and bullets from Fox Business:

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

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

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

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

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

Nasdaq 6,453.26 +73.10(+1.15%)

Crude Oil 52.05 +0.17(+0.33%)

Gold 1,286.70 -15.00(-1.15%)

Silver 16.78 -0.10(-0.58%)

EUR/USD 1.175 -0.0043(-0.36%)

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

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

9MarketIndicatorsYahooFinance9.27.2017DailyBusinessNewsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value

 YahooFinanceManufacturedHousingCompValue9.25.27.17DailyBusinessNewsStocksMarketsDataReportsMHProNews

Today’s Big Movers

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

Today’s MH Market Spotlight Report –

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

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

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

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

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

Among them, in no particular order of importance:

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

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

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

WallStreetJournalAfterIrmaFloridaMHCommunityDailyBusinessNewsMHProNews

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

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

Before Progressing with this Analysis, A Cautionary Tale…

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

GeorgeAllenDownBy100MHIFlyInDownby60DailyBusinessNewsMHProNews

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

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

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

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

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

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

RickRobinsonOHManufacturedHousingInstituteTwitterWashingtonPostSVPJDDailyBusinessNewsMHPronews

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

SuzanneFelberFrankRolfeRichardADickJennisonAmericanHousingAdvocatesManufacturedHousingIndustryDailyBuisnessNewsMHProNews600

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

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

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

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

Warning Signs from the Vantage Point of Some Potential Investors…

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

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

ManufacturedHomeCommunitiesGraphicManufacturedHousingInstituteNationalCommunityCouncilDailyBusinessNewsMHProNews

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

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

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

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

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

FrankRolfeMHIHypocrisyQuote-MHProNews

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

9percent1percentNewManufacturedHousingTrillionDollarHousingNewExistingHomeSales2016CreditManufacturedHousingIndustryDailyBusinessNewsMHProNews_1

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

ManufacturedHousingInstituteMHILogoFrankRolfeBlastsMHIRacismCollageClaytonHomes21stVanderbiltDailyBusinessNewsMHProNews

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

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

We Provide, You Decide.” ©

 

See Recent Exclusive 1 Year Snapshot of All Tracked Stocks

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

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

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

9.27.2017DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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

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

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

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

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

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

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

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

 

 

Skyline Spotlight, Manufactured Housing Industry Market Report Updates

September 26th, 2017 Comments off

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

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

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

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

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

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

Selected headlines and bullets from Fox Business:

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

 

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

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

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

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

Nasdaq 6,380.16 +9.57(+0.15%)

Crude Oil 51.92 -0.30(-0.57%)

Gold 1,298.70 -12.80(-0.98%)

Silver 16.87 -0.28(-1.62%)

EUR/USD 1.1787 -0.0059(-0.50%)

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

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

9MarketIndicatorsYahooFinance9.26.2017DailyBusinessNewsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Manufactured Housing Composite Value

 YahooFinanceManufacturedHousingCompValue9.25.25.17DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

Today’s Big Movers

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

Today’s MH Market Spotlight Report – Skyline Homes

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

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

 SkylineHomesLogoElkhartInFacebookDailyBusinessManufacturedHousingMHProNewsNewsMarketReport

The one year snapshot for Skyline Homes is below. BloombergSkyline1YearSnapshotDailyBusinessNewsManufacturedHousingIndustryStockMarketReportsMHProNews

See Recent Exclusive 1 Year Snapshot of All Tracked Stocks

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

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

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

 9.26.2017DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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

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

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

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

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

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

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

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

 

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

September 25th, 2017 Comments off

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

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

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

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

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

Selected headlines and bullets from CNN Money:

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

Selected headlines and bullets from Fox Business:

 

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

 

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

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

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

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

Nasdaq 6,370.59 -56.33(-0.88%)

Crude Oil 52.11 +1.45(+2.86%)

Gold 1,313.20 +15.70(+1.21%)

Silver 17.19 +0.21(+1.24%)

EUR/USD 1.1846 -0.0105(-0.88%)

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

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

9MarketIndicatorsYahooFinance9.25.2017DailyBusinessNewsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value

YahooFinanceManufacturedHousingCompValue9.22.25.17DailyBusinessNewsStocksMarketsDataReportsMHProNews

Today’s Big Movers

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

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

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

7112017LPXLouisianaPacificManufacturedHousingIndustryDailyBusinessNewsMHProNews

See the 1 year snapshot, below.LPXSurgesBloomberg1YearDailyBusinessNewsMHProNews

See Recent Exclusive 1 Year Snapshot of All Tracked Stocks

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

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

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

9.25.2017DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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

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

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

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

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

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

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

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