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Cavco to Release FinancialsMarketWire states Phoenix-based Cavco Industries, Inc. (CVCO) will announce its fourth quarter fiscal 2012 earnings Tue. May 29, 2012 after the market closes. Senior officials will discuss the report in a live webcast the following day, Wed. May 30 at 12:00 noon Eastern time. Cavco is the second largest producer of manufactured homes in the [...]

Read more http://www.mhmarketingsalesmanagement.com/blogs/daily-business-news/cavco-to-release-financials/

Daily Business News Briefs

Skyline Outshines other MH-related Stocks; Dow Regains 235 Point

Skyline Outshines other MH-related Stocks; Dow Regains 235 Point

In the news from CNNMoney: A Tesla 2015 S on autopilot has fatal crash, spurring Federal investigation. JetBlue is offering free Precheck for frequent fliers. Glock wins $85 million FBI contract. China is crushing the U. S. in economic warfare. Some 20 percent of the 260 million cars on U. S. roads have defective Takata […]...

30 Jun 2016

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July 2, 2016 – the Manufactured Housing rEvolution!

July 2, 2016 – the Manufactured Housing rEvolution!

At the depth of the Obama-era great recession, Ron Thomas Sr. – MMHF Chairman and RV MH Hall of Fame founder of Rona Homes – said that the industry needed to stop comparing its performance to the peak of 1998; rather, Thomas suggested that MH Professionals must look at 2009-2010 years as the new baseline. […]...

30 Jun 2016

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Manufactured Homes Damaged in Moving to other Sites

Manufactured Homes Damaged in Moving to other Sites

Following up on a story abut the closing of Odd’s Mobile Home Park in Minot, North Dakota and the subsequent moving of the 31 homes, as MHProNews posted June 3, 2016, minotdailynews reports that problems arose in the moving and re-siting of some of the homes. The city, which bought the property and paid for […]...

30 Jun 2016

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KY City Restricts Placement of Manufactured Homes

KY City Restricts Placement of Manufactured Homes

The city of Catlettsburg, Kentucky has adopted an ordinance that restricts factory-built homes to manufactured home communities (MHCs) within the city limits, according to what marketplace.dailyindependent tells MHProNews. However, any such home sited outside of an MHC as of March 15, 2011 is grandfathered in, and if it becomes damaged or...

30 Jun 2016

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Tony Prevatte Chosen to Head NC MH Association

Tony Prevatte Chosen to Head NC MH Association

MHProNews has learned from robesonian that Tony Prevatte, owner of Prevatte Home Sales in Lumberton, NC has been elected president of the North Carolina Manufactured and Modular Homebuilder’s Association’s board of directors. A 45-year veteran of the modular housing industry, Prevatte will guide the 18-member board of directors as it...

30 Jun 2016

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Trade Group for Manufactured Housing Falling Short on its Purported Mission

Trade Group for Manufactured Housing Falling Short on its Purported Mission

While Lesli Gooch, Senior VP of Government Affairs for the Manufactured Housing Institute (MHI), the industry’s largest trade group, says MHI has been trying to being in more lenders to the MH market for years, MHI board member L. A. “Tony” Kovach responds, “How does one explain the repeated failures by MHI staff to embrace […]...

30 Jun 2016

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Dow, Several MH-related Stocks Recover from Two Day Loss

Dow, Several MH-related Stocks Recover from Two Day Loss

In the news from CNNMoney: Nazi’s assault rifle now made in the U. S. World’s second largest diamond fails to sell. U. K.’s $100B auto industry needs Europe. IBM is making plastic less toxic. The SF (San Francisco) Homeless Project is a response to “the human catastrophe” of homelessness brought on in part by rising […]...

29 Jun 2016

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Northpoint Commercial Finance Expands

Northpoint Commercial Finance Expands

A diversified finance company that provides flexible inventory lending and floor plan financing solutions, Northpoint Commercial Finance has hired two new Directors of Business Development to its Field Sales Organization. With a strong background in floor plan financing, and 20 years overall in financial services, Richard Derbonne comes to the...

29 Jun 2016

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Construction Employment Lack may Impact Overall Economy

Construction Employment Lack may Impact Overall Economy

The National Association of Home Builders (NAHB) said earlier this month unfilled construction positions remain at a post-recession high of 200,000, and could possibly impact the larger economy, according to to the latest labor report from the Associated General Contractors of America, says constructiondive. NAHB’s survey addressed nine...

29 Jun 2016

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Creating a Dialogue on Manufactured Housing as Affordable Housing in Seattl…

Creating a Dialogue on Manufactured Housing as Affordable Housing in Seattle

Kittitas County officials and community leaders toured manufactured home communities operated by the King County (Seattle, Washington) Housing Authority, intending to help resolve the fate of the Shady Acres Mobile Home Park in Kittitas County that has been acquired by the county for parking of RVs at the Kittitas Event Center, as MHProNews...

29 Jun 2016

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Modular Homes for Dublin Homeless Finally Occupied

Modular Homes for Dublin Homeless Finally Occupied

Updating a story MHProNews has covered numerous times, the last being March 3, 2016 about the modular homes for the homeless families in Dublin, Ireland, Dick Brady, the Dublin City Council’s housing manager said even though the timetable was off—the homes were supposed to be ready at Christmas, but were not occupied until late spring–...

29 Jun 2016

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New Sponsors

Featured Articles and Reports - June 2016 Vol. 7 No. 9

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The Power of Review Videos

The Power of Review Videos

by Wayne Coakley Who loves to watch videos? NSP_READMORE

MARKETING

How to do a Promissory Note and Security Agreement

How to do a Promissory Note and Security Agreement

by Marc Lifeset, JD + Jeff Barringer, JD Marc Lifset and Jeff Barringer will dissect for you our state-of-the-art form of chattel-loan promissory note and security agreement, or, as we will... NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

“Whiny Neighbor”

“Whiny Neighbor”

by Nadeen Green, JD When I teach others about reasonable accommodations required for persons with disabilities, we often talk about "whiny neighbors" - those folks who want to know why someone... NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Open Letter - CFPB Director Richard Cordray - On Taking Responsibility for …

Open Letter - CFPB Director Richard Cordray - On Taking Responsibility for Harming Millions

by L. A. 'Tony' Kovach 6.3.2016-CFPB Director Richard Corday, As you know, you are tasked with Protecting Consumers, yet the evidence shows that you know that Consumer Financial Protection Bureau regulations... NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Lawsuit Charges Eviction from MH Community is Discriminatory

Lawsuit Charges Eviction from MH Community is Discriminatory

by Matthew Silver MHProNews posted a story May 25, 2016 regarding the Waples Mobile Home Park in Fairfax, VA being charged with violation of federal and state fair housing laws for evicting residents who do... NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Northpoint Commercial Finance is Revolutionizing the Manufactured Housing I…

Northpoint Commercial Finance is Revolutionizing the Manufactured Housing Industry

by John Durnien Northpoint Commercial Finance, headquartered in Alpharetta, Georgia, is bringing some innovative ideas to the inventory finance industry. NSP_READMORE

FINANCING

Dodd-Frank Act Remains a Stumbling Block to Manufactured Home Lending

Dodd-Frank Act Remains a Stumbling Block to Manufactured Home Lending

by Matthew Silver Steve Sinovic, writing in abqjournal, says sales of manufactured home sales are up, a popular and affordable housing choice for New Mexicans, some eighteen percent of whom live in... NSP_READMORE

FINANCING

Duty To Serve by GSEs-Long-term Mortgages on Leased Land – It's Already Bee…

Duty To Serve by GSEs-Long-term Mortgages on Leased Land – It's Already Been Done!

by Titus Dare TOPIC – Did You Know? GSEs have already made chattel loans in Leaseholds & the “TOP SECRET” Chattel Loans purchased by Fannie NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Clayton Home Building Group Selects Birmingham for Inaugural Home Show

Clayton Home Building Group Selects Birmingham for Inaugural Home Show

by Lexi Holdbrook Clayton Homes, a Berkshire Hathaway Company, hosted its inaugural Clayton Birmingham Home Show from May 17 – 19, 2016 at the Birmingham-Jefferson Convention Complex. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Open Letter - Tim Williams, MHI Chairman – Correcting Errors, Crossing the …

Open Letter - Tim Williams, MHI Chairman – Correcting Errors, Crossing the Goal Line

by L. A. “Tony” Kovach 6.2.2016 - To: Tim Williams, Chairman, Manufactured Housing Institute (MHI). NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Manufactured Home Retailers and Communities – Bottom Line Booster by Sunshi…

Manufactured Home Retailers and Communities – Bottom Line Booster by Sunshine Homes - Tuesdays with Tony

by Soheyla Kovach Sunshine Homes is offering the second round of their popular webinar - Tuesdays with Tony – a marketing and sales coaching session. See the video below. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Clayton Homes Asheville Manufactured Home Show – Photos and Numbers

Clayton Homes Asheville Manufactured Home Show – Photos and Numbers

by L. A. “Tony” Kovach Our sources at Clayton Homes tell us the following about their recent Asheville Show. By photos and by the numbers, here's the snapshot of their event... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

A Cup of Coffee with…Kenny Lipschutz, HomeFirst™ Certified Communities

A Cup of Coffee with…Kenny Lipschutz, HomeFirst™ Certified Communities

1) Who, What and Where: (Your name and your formal title at Brookside Companies/ HomeFirst™ Certified Communities and where your company is based). I am Kenny Lipschutz, Chief Executive Officer of... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Why has MHI Issued a News Release on DOE Proposals Prior to the Rule Being …

Why has MHI Issued a News Release on DOE Proposals Prior to the Rule Being Published?  Q&A with M. Mark Weiss of MHARR

by L. A. “Tony” Kovach As regular readers of MHProNews know, MHARR's new president took the reigns there almost 1½ years ago. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

UMH Community Hosting Baseball Legend “Doc” Gooden; UMH Chair to Present a…

UMH Community Hosting Baseball Legend “Doc” Gooden;  UMH Chair to Present at NAREIT

by Matthew Silver UMH Properties, Inc. (NYSE:UMH) announces it will host three-time champion World Series pitcher Dwight “Doc” Gooden on June 18, 2016 at the manufactured home community owner’s Kinnebrook Estates... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

CFPB Director Cordray tells Whistleblower to have her Attorneys “Back Down”…

CFPB Director Cordray tells Whistleblower to have her Attorneys “Back Down”

by Matthew Silver Claiming senior managers within her office bullied and demoted her for filing a complaint with the Equal Employment Opportunity (EEO) office, Angela Martin said in testimony before the... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Drew Hits New Stock High; Equity LifeStyle Properties Declares Dividend

Drew Hits New Stock High; Equity LifeStyle Properties Declares Dividend

by Matthew Silver Drew Industries, Inc. (NYSE:DW) stock hit a new 52-week high Fri., May 27, $77.31, 44 cents shy of a ten dollar bill increase over the 50-day moving average of... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Why Richard "Dick" Jennison and Lesli Gooch at MHI Should Resign or Go

Why Richard

by L. A. "Tony" Kovach   For some years, this scribe and others have tried to correct the kinds of issues that will be cited in this column in an off-the-radar... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Why did 4-9-16 MHI's Housing Alert Mislead Association and Industry Members…

Why did 4-9-16 MHI's Housing Alert Mislead Association and Industry Members?

by L. A. “Tony” Kovach Let's begin with the facts. On April 9, 2016 MHI sent out a housing alert to MHProNews and other industry members. It read like the copy... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Bottom Line Change in MH Marketing and $ale$

Bottom Line Change in MH Marketing and $ale$

by L. A. “Tony” Kovach Change is a constant in life. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

ZigOn Failing

ZigOn Failing

by Zig Ziglar Most parents experience the joy of watching their children turn over, then crawl, then stand up and then take those first steps. NSP_READMORE

PERSONAL REFLECTIONS, MOTIVATION and INSPIRATION

Are you letting your past determine your present

Are you letting your past determine your present

by Tim Connor, CSP The past is history regardless of its positives or negatives. NSP_READMORE

PERSONAL REFLECTIONS, MOTIVATION and INSPIRATION

Frank Rolfe's Ten Tips to Pros on Manufactured Home Selling - Video

Frank Rolfe's Ten Tips to Pros on Manufactured Home Selling - Video

by L.A. "Tony" Kovach This fast-paced video is taken from a longer panel discussion that featured Frank Rolfe, partner in Mobile Home University, MHP Funds and RV Horizons. NSP_READMORE

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Press Releases

Northpoint Commercial Finance Expands Fi…

Northpoint Commercial Finance Expands Field Sales Organization

Alpharetta, GA, June 26, 2016 – Two new Directors of Business Development have joined Northpoint Commercial Finance’s Field Sales Organization. Northpoint is a diversified finance company that provides flexible inventory lending and floor plan financing solutions. With a highly successful background in floor plan financing, Richard Derbonne will lead development efforts in Texas and Oklahoma. Derbonne joins the Northpoint team from GE Franchise Finance with deep experience gained over more than 20 years in financial services. Previously, Derbonne held senior sales and management positions with such companies as Transamerica, Bombardier, First Horizon National and GE Commercial Distribution Finance.   Based in North Carolina, Greg Nash will lead development efforts in the eastern states of North Carolina, Virginia, West Virginia, Maryland and Delaware. He brings more than 25 years of floor plan financing experience...

the MHMSM Team 28 Jun 2016 Corporate Press Releases

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Northpoint Commercial Finance Provides I…

Northpoint Commercial Finance Provides Inventory Finance Program for  O’Rourke Sales Company Dealers

Winston-Salem, NC, May 15, 2016 – Northpoint Commercial Finance (“Northpoint”) continues to expand its partnerships with Nationwide Marketing Group (“Nationwide”) members through a new program for O’Rourke Sales Company (“O’Rourke”) dealers. Northpoint is a diversified finance company that provides flexible inventory lending and floorplan financing solutions, and Nationwide is North America’s largest buying and marketing organization. Headquartered in Davenport, Iowa with seven locations across the country, O’Rourke is a national distribution and fulfillment company for electronics and appliances across multiple sales channels, including premium and incentive, e-commerce, military exchanges, and both independent and national retailers. “We are pleased to begin our new relationship with Northpoint," said Jeff O'Rourke, CEO of O'Rourke Sales.  "We know they understand our dealers' priorities and financing requirements, and we feel it is crucial to give our dealers...

the MHMSM Team 17 Jun 2016 Corporate Press Releases

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