Archive

Posts Tagged ‘Support’

President Trump Spotlights Factory Home Builder in Speech, Proven Promotion, Support of Industry Advancement

June 5th, 2018 Comments off

Presidential powers are substantial, but they are not unlimited. So among the tools a president can use to some effect is the bully pulpit. That’s the power of spotlighting a topic via a public forum.

 

In a speech, President Donald J. Trump raised the profile of a once-famed factory-based home builder he knew. The video of that part of his speech, is shown below.

 

 

The president’s family business has also had direct ties to an upscale factory home builder, Revolution PreCrafted Homes.

The 45th president clearly has personal knowledge of factory-crafted home building, as well as of conventional housing construction.

It is worth noting that Vice President Mike Pence hails from Indiana. Industry sources tell the Daily Business News, that then-Governor Pence understood manufactured housing (MH), used the proper terminology, and was supportive of the industry.

In Senate testimony, HUD Secretary Ben Carson, MD, has called modern manufactured homes “amazing.” Meanwhile, Secretary Carson labeled the regulatory regime of the Pamela Beck Danner era as “ridiculous.” Dr. Carson did so without mentioning her by name.

TrailerHouseMobileHomeManufacturedHomeFactoryBuiltHousingEvolution101MHProNews-MHLivingNews

Make a habit of using the correct terminology.

 

Operation Breakthrough

Levittown and that builder named by the president was an example of factory-based home building were included in HUD’s report on Operation Breakthrough, linked below. The linked reports on Operation Breakthrough – along with other linked resources from this article – can be read later, for additional details, and a deeper understanding.

HUD’s Operation Breakthrough, Promoting Factory, Industrialized Building – Mobile Home Era to Modern Manufactured Homes.

A HUD’s PD&R report linked below are one of the sources that demonstrated via university-level research that modern manufactured homes appreciated side-by-side with conventional housing in urban infill settings.

 

The full implementation of two existing laws – manufactured housing’s enhanced preemption and the Duty to Serve could unlock two trillion dollars in additional growth, without the need for massive federal spending.

Enforcing the law” has become a Trump Adminstration catch-phrase.

Enforcing the two laws linked here and above could pave the way to home ownership for millions, which in turn would spur the personal wealth of many, including blacks, Hispanics and all other demographic groups.

As Secretary Carson reminded the nation last year, home owners have an average net worth of $200,000, while renters only have an average net worth of $5,000 dollars.

There are debatably few other items that the Trump Adminstration could do than enforce those two existing laws, which would:

  • cost the federal government less tax payer money over time,
  • yield more wealth for millions,
  • all while creating more good jobs,
  • and higher domestic economic growth.

Virtually everyone, save perhaps a few monopolistic forces, would benefit from enforcing two laws already on the books regarding manufactured housing.

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

 

Posturing vs. Doing

The Manufactured Housing Institute (MHI) has attempted to claim credit for the passage of the MLO rule when S 2155 was signed into law. The Masthead predicted that this dubious MHI claim would occur from the Berkshire Hathaway dominated association, prior to the signing of the bill.

It was the Trump Administration, not MHI, that made the MLO rule passage possible.

White House Signing Ceremony on Historic Pro-Growth Financial Regulatory Reform

Note that then candidate Trump pushed for such a bill, by campaigning for reforms of Dodd-Frank.

By contrast, Warren Buffett backed Hillary Clinton pledged to do what Barack Obama did. Chairman Buffett led Berkshire Hathaway used their manufactured housing mouthpiece, MHI, to posture reforms of Dodd-Frank for years. But that reform of Dodd-Frank was only accomplished under President Trump.

Buffett publicly supported President Barack Obama, who pledged to veto a bill that included a similar provision to S 2155. MHI’s now exited government relations Vice President Jason Boehlert admitted in writing that the passage of MHI’s bill, Preserving Access was unlikely while President Obama was in the White House.

2012 Election Results and Coming Lame Duck Session

By contrast, the Manufactured Housing Association for Regulatory Reform (MHARR) said early on in the Trump Administration that the industry could not ask for a better president in the Oval Office that Donald Trump.

Once understood, its an apparently classic case of what President Trump has called “a rigged system.”

 

Examples of a Corrupt, Rigged System?

The Washington Post made it clear that it was MHARR, not MHI, that worked with the Trump Administration to exit the destructive regulatory steps Pam Danner, JD, caused manufactured housing operations during her tenure at the Office of Manufactured Housing Programs (OMHP).

Greener, Stylish Manufactured Homes – Hidden Facts in the Washington Post Manufactured Housing Narrative

MHI EVP Lesli Gooch specifically told the Washington Post that they did not weigh in on the Danner controversy. That confirmed months of MHProNews reporting on that subject.

By contrast, Mark Weiss, President and CEO of MHARR, was cited by the Washington Post as specifically pushing for the removal of Danner as an Obama Administration holdover, who was working contrary to President Trump’s regulatory freeze order.

The fact-patterns appear to be stark, and clear.

The Buffett/Berkshire dominated MHI was allegedly posturing reforms of Dodd-Frank and HUD, but in fact supported for president, first Barack Obama and then Secretary Hillary Clinton. That’s Mr. Buffett’s right, but then it is debatably unjust for MHI to claim that they were trying to mitigate regulations.

In fact, regarding the Department of Energy (DOE) plans for manufactured housing under the Obama Administration, MHI was promoting heavier regulations, while MHARR stood alone among MH industry associations in Washington D.C. to stop them.

Manufactured Housing Institute (MHI) Shifts on DOE Regulatory Rule, Report, Analysis

Marty Lavin, JD, bluntly said on the record that MHI was working for “the big boys” and their interests.

The MHI award-winning Lavin has previously said “pay more attention to what people do than what they say.” In hindsight, isn’t it clear that MHI said they wanted to make certain reforms, but in fact Buffett’s “big boys” – such as Berkshire owned Clayton Homes, 21st Mortgage and Vanderbilt Mortgage and Finance (VMF) – were working to maintain or even increase regulatory burdens?

Why?

Because heavy regulations are both a barrier of entry to new businesses, and are also a force that can crush existing business operations. It is part of Buffet’s strategic “Moat” philosophy.

 

Using the established principles that high taxes, and high regulations harm smaller business, the Buffett tool of MHI was de facto aiding in the consolidation of manufactured housing companies. These are points President Trump has often raised in a general way in his speeches.

Sources on- and off-the-record have leveled charges that MHI was working against the interests of smaller companies, while Berkshire Hathaway owned brands and some others in manufactured housing were “consolidating” – or killing off – smaller independents for years. MHI’s own data reflects the trend.

 

While MHARR has raised such issues in their own fashion, only MHProNews among the industry’s trade media has spotlighted these concerns. Long-time readers will recall that MHProNews editorially supported and endorsed President Trump during the 2016 campaign. That support drew the attention of the presidential campaign, which for months had one of this writer’s articles on the Donald J. Trump campaign website.

12ReasonsEducatedIranianAmericanWomanSupportsDonaldTrumpPostedMastheadBlogMHProNews954x846

While the Manufactured Housing Institute (MHI) paid for two pro-Clinton speakers in the closing days before the 2016 election, the Kovach family and MHProNews supported Donald J. Trump’s candidacy as the best for the industry, small business, and hundreds of millions of Americans. One of those stories ended up on the president’s campaign website, and hundreds of conservative and pro-Trump websites.

While industry’s bloggers and MHProNews competitors were often shilling or cheering MHI and Berkshire Hathaway owned brands, MHProNews and those who support this platform stood alone in the industry’s media to warn the industry’s members against the complex, and tortured ways MHI and Berkshire Hathaway were killing off and/or “consolidating” companies at bargain prices.

Time Travelers, and the Future of American Homes

Marty Lavin, a manufactured home industry success story in his own right, has said “follow the money.” People are entitled got their own opinions, but they are not to their own facts. MHI can claim to be working to mitigate regulations, but where is their evidence? Why did MHI VP Rick Robinson dodge questions and debate in Deadwood in 2017? Or why did MHI President Dick Jennison dodge questions in Louisville in 2018?

The Trump Administration is doing their part. They are striving to undo the damage of years of crony capitalism in Washington, D.C., step-by-step.

If Brian Montgomery and Secretary Carson will avoid the trap of appointing a MHI candidate to be the non-career Administrator of OMHP at HUD, it could be another next step forward for millions of Americans.

Based upon reports from industry sources, MHProNews has supported Vic DeRose to replace Danner. DeRose could be someone that holds to the regulatory philosophy of the president, to administer the manufactured housing program in a way that could benefit industry and consumers alike. “We Provide, You Decide.” (C) ## (News, analysis, and commentary.)

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

Related Reports:

Understanding the Modern Realities of MHVille – Winners, Losers, Profits, and Loss

Clayton Homes, Top 25 Manufactured Housing Industry Report, Trend Lines

NAR’s Lawrence Yun Raises Alarm for New Housing Crisis, MH Import?

Rollohome, Creating 60,000 Factory-Built Homes in 2 Years

ConfidentialNewsTipsOKTipsIreportMHNews@MHMSM-comGraphic

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.

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

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

3) Marketing, Web, Video, Consulting, Recruiting and Training Resources

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.

 

Retailers, Communities, Producers – Floor Planning Homes? NADA Says, Call Your Senators to Support Inclusion of Floorplan Lending in Tax Reform Deductibility

November 30th, 2017 Comments off

SupportSenatorRandPaulAmendmentTaxReformBillFloorplanDeductabilitySenators need to hear directly from YOU about the importance of floor plan financing to your business. Call your Republican Senators and ask them to cosponsor Senator Rand Paul’s amendment to ensure floor plan interest remains fully deductible,” said the National Automobile Dealers Association (NADA).

In a media release, David Regan, NADA, Executive Vice President of Legislative Affairs, said the following.

Senators began voting on the “Tax Cuts and Jobs Act,” which includes a provision that would reduce the current 100 percent deduction of business interest, including floor plan interest, to 30 percent of adjusted taxable income. Sen. Rand Paul (R-Ky.) introduce an amendment to restore the full deductibility of floor plan interest as included in the House bill.  NADA strongly supports the Paul amendment.”

The Senate tax reform bill is on the Senate floor now. Please call your Senators ASAP and ask them to support Sen. [Rand] Paul’s amendment. Senators need to hear directly from dealers, even if calls have previously been placed, to urge support for the Paul amendment. Amendments will be voted on later today with final passage of the bill likely on Friday,” NADA’s Regan said.

https://www.senate.gov/reference/common/faq/How_to_correspond_senators.htm

Or Call:

You may phone the U.S. Capitol Switchboard at (202) 224-3121. A switchboard operator will connect you directly with the Senate office you request.

ConfidentialNewsTipsOKTipsIreportMHNews@MHMSM-comGraphic

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.

Where is MHI on this?

Per sources, the Manufactured Housing Institute (MHI) has not yet taken a position on this, see this link.  A source with the Manufactured Housing Association for Regulatory Reform (MHARR) said this is a post-production issue, one they don’t normally take a position on.

The issue was raised to MHProNews by a retailer, as a news tip.  Our thanks to that reader, and all who share news tips, documents, and thoughtful commentary. ## © (News, analysis, commentary.)

Note 1: For those who want to sign up to our industry leading headline news updates – typically sent twice weekly – please click here to sign up in just seconds.

(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.

While MSM Spins Anti-Trump Narrative, Voters and Donors Support the President

May 26th, 2017 Comments off
creditdeathtothemsm-postedtothedailybusinessnewsmhpronews

Credit: Death to the MSM.

The two most visible billionaires in manufactured housing are evenly split between pro-Democratic Warren Buffett, and now pro-Trump Sam Zell.

Certainly, other industry professionals run the gamut, from pro-Democratic, pro-GOP, Libertarian, other political affiliations and the all-important independents. But informal surveys of industry professionals by MHProNews reveals that the clear majority support the president and his policies.

That millions of voters feel the same way was reflected yesterday.

Last night’s special election in the state of Montana, won by Republican Greg Gianforte, was another piece in the puzzle of the tenuous D vs. R dance.

According to ABC News, Gianforte, who defeated Democratic opponent Rob Quist to win the special election for the U.S. House seat in Montana, had his campaign thrust into the spotlight after Guardian reporter Ben Jacobs described being “body-slammed” by the GOP candidate. A Fox News crew who witnessed the incident said the former technology and software executive “grabbed Jacobs by the neck with both hands and slammed him into the ground behind him.”

greggianfotrecreditWikipedia-postedtothedailybusinessnewsmhpronews

Winner in last night’s special congressional election in Montana, Greg Gianforte. Credit: Wikipedia.

I’m sick and tired of you guys,” Gianforte said in audio of the event released by The Guardian.

I went from being vertical one moment to being horizontal the next,” Jacobs told Good Morning America.

While the alleged incident goes through the misdemeanor legal process, the Gianforte victory leaves Democrats without a win in special elections since November of last year, with Republicans having won contests in Louisiana, Kansas and now Montana.

Additional races for special House of Representative seats next month in California, Georgia and South Carolina will provide additional chances for Democratic candidates to make an impact, but there may be larger issues looming.

 

It Has to Make Dollars to Make Sense

creditYouTube-postedtothedailybusinessnewsmhpronews

Credit: YouTube.

Besides ballots being cast, another measure of the pro-Trump advantage has been in fundraising.

According to Politico, the Republican National Committee raised $12 million in March and a total of $41.5 million in the first quarter. The RNC now has $41.4 million cash on hand and no debt.  In April, the Democratic National Committee reported the worst month for the DNC since 2009 for fundraising, with only $4.7 million. It seems that while the anti-Trump political and media bubble are crying ‘resistance,’ ala Keith Olbermann, the Trump-train crowd – 96% of whom would pull the level for the president again – are having none of what they see as ‘agenda media’ spin.

Pro-Trump voters wonder, Is Anything Real Anymore?

DramainOhioFakeNewsFactsandMythscreditMediaNation-postedtothedailybusinessnewsmhpronewsmhlivingnews

Credit: Media Nation.

Commenting on his sharing of data from a recent FOX News poll, analyst Howard Kurtz was to the point.

A Fox News poll came out the other night, and I tweeted some of the findings about President Trump. No analysis, no commentary. Just a few numbers,” said Kurtz.

Howard KurtzcreditWikipedia-postedtothedailybusinessnewsmhpronews

Howard Kurtz. Credit: Wikipedia.

Trump approval at 40%, down from 45% last month. 53% say his agenda is coming apart; 44% say he’s shaking up Washington.”

68% approve of DOJ naming a special counsel, 29% disapprove. Well, you’d have thought I had called for the president’s impeachment. I practically got buried under an avalanche of angry tweets.”

Kurtz continued.

The troubling thing here is that we no longer agree on a common set of facts. Conservatives and liberals are increasingly in their own silos, turning to their own opinionated media sources and constructing their Facebook and Twitter feeds the same way,” said Kurtz.

If everything is fake news, then the role of news in fostering intelligent debate is decimated. And I don’t need a poll to be sure of that.”

While polling may present difficulties, facts are static.

HomebuilderConfidenceNumbersShowNeedforManufacturedHousingcreditDailyMail-postedtothedailybusinessnewsmhpronewsmhlivingnews

President Trump with a graduate at the U.S. Coast Guard Commencement. Credit: Daily Mail.

As the Daily Business News covered in a featured story recently, President Trump continues to make progress for American businesses and jobs, including the lowest unemployment rate in decades.

He enjoys the highest consumer, business confidence, and homebuilder confidence numbers in years.

Along with over $160 billion in ‘immediate’ federal and private business deals with Saudi Arabia, and some $300 billion more planned over the next decade, what ELS Chairman Sam Zell colorfully called a “cacophony” of Deep State resistance has moved into high gear.

It’s SABOTAGE,” said President Trump in a White House press release to MHProNews.

The fake news media is working hand-in-hand with Washington’s corrupt bureaucracy to try to slow and block our America First Agenda.”

The special interests know they can only win when you, the American people, lose,” Trump continued. “But we’re fighting to break the special interest stranglehold around our country that has silenced our citizens, stripped our nation of its wealth, and bled America dry.”

What It Means for MH

The manufactured housing industry’s fortunes stand to rise with the economic effects from President Trump’s moves.

MHProNews and MHLivingNews Publisher L.A. “Tony” Kovach spoke on the matter during his Inside the MH Road Show video interview with MHARR adviser and former association leader Danny Ghorbani, and current MHARR President and CEO Mark Weiss, JD.

Well, let me put it to you this way, if this industry was to create a person to put in the White House for betterment of our industry and consumer, they could not have come up with a better person than President Trump,” said Ghorbani.

If this industry, by the time he’s done 4 years, or hopefully 8 years, if this industry does not advance the way it should, the way it must in Washington, I hate to say this, the industry has dropped the ball.

Manufactured housing is the private sector solution to affordable housing, without costing government subsidies. And we can supply that need,” said Weiss.

We just need to be unshackled from excessive regulations, in order to pursue our full potential.”

For more on President Trump, including a recap of his first 100 days, click here. ##

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

rcwilliams-writer75x75manufacturedhousingindustrymhpronews

RC Williams, MHProNews.

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

 

(Copyright Notice: This and all content on MHProNews and MHLivingNews always have been and are Copyrighted, © 2017 by MHProNews.com a dba of LifeStyle Factory Homes, LLC – All Rights Reserved. No duplication is permitted without specific written permission. Headlines with link-backs are of course ok. A short-quoted clip, with proper attribution and link back to the specific article are also ok – but you must send a notice to iReportMHNewsTips@mhmsm.com of the exact page you’ve placed/posted such a use, once posted.)

MHARR to FHFA: Duty to Serve Requires Material and Expedited Support for MH Chattel Loans

February 10th, 2017 Comments off
creditWikipediaEbmassysuites-postedtothedailybusinessnewsmhpronewsmhlivingnews

Credits: Embassy Suites, MHProNews, Wikipedia.

Washington, D.C., February 9, 2017 – The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews that, at a Federal Housing Finance Agency (FHFA) “listening session” in Washington, D.C. on February 8, 2017, President and CEO Mark Weiss reiterated and underscored previous remarks by MHARR representatives.

Weiss asserted that the Agency’s December 29, 2016 “Duty to Serve Underserved Markets” (DTS) rule and related “Evaluation Guidance” for DTS implementation plans do not and cannot comply with the essential legislative mandate of DTS and are, therefore, unacceptable.

MHARR says that the meeting opened with an appearance by FHFA Director Melvin Watt, who thanked DTS stakeholders for their participation and information provided regarding specific aspects of DTS’ implementation.

Watt also announced that the February 17, 2017 deadline for written responses to a detailed Request for Information (RFI) published by FHFA specifically concerning manufactured housing chattel loans, would be extended until March 21, 2017, which appeared to be a response to President Donald Trump’s regulatory “freeze” order, enacted on January 20, 2017.

fhfa-logo-house-cash-scott-lewis-flickrcreativecommons-posted-daily-business-news-mhpronews-

Credit: Scott Lewis, Creative Commons.

During the meeting, MHARR detailed the specific legal and policy bases for its position that any DTS implementation, in order to comply with the express directive of Congress as set forth in the Housing and economic Recovery Act of 2008 (HERA), must provide for a program of material and expedited Government Sponsored Enterprise (GSE) securitization and secondary market support for manufactured housing chattel loans, which comprise 80% or more of the entire manufactured housing market.

DTS was not an invitation for the GSEs to maintain the status quo for years or decades more,” said Weiss.

m_mark_weiss_mharr_pesident__mhpronews__credit

M. Mark Weiss. Credit: MHProNews.

DTS does not stand for ‘Duty to Study.’

Weiss also commented on Director Watt’s actions.

As indicated by Director Watt’s action to extend the comment deadline for FHFA’s pending RFI, the January 20, 2017 regulatory ‘freeze’ order put in place by President Trump, by its express terms, also applies to the DTS final rule and subsequent Evaluation Guidance” said Weiss.

FHFA should use the additional time provided by this order to correct its approach to DTS and, with the additional information and input that it has received from stakeholders, revise both the final rule and its Evaluation Guidance to provide for an expedited path to material, mandatory GSE securitization and secondary market support for manufactured housing chattel loans.”

The full MHARR statement is available for Daily Business News readers here.

The full presentation from Weiss to the listening session is linked here. ##

(Image credits are as shown above.)

rcwilliams-writer75x75manufacturedhousingindustrymhpronews

RC Williams, for Daily Business News, MHProNews.

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