Tag Archives: clayton homes

“The American dream is homeownership, and the unintended effects of new regulation and lack of the secondary market by the GSEs is a path to tragically wipe out the remains of this important housing segment.” – Kevin Clayton, CEO Clayton Homes, in remarks to members of Congress made on behalf of the Manufactured Housing Institute (MHI). More from Clayton linked …

The Manufactured Housing Association for Regulatory Reform (MHARR) is quite aware of the sharp downturn in manufactured housing. MHARR is the only national manufactured housing trade association known to publicly report new manufactured home production data monthly.  Their goal as a trade association is to protect and expand manufactured home sales, not limit them. So, the following from MHARR position …

In manufactured housing, and other industries, a variety of circumstances can lead to a desire or need for a job or career change. A move, downsizing at a company, or festering frustration at a current company can be factors that contribute to a search for a new job. In a new story by CNBC picked up by MSN, reporter Gili …

Clayton Homes and their lending practices is mentioned by the Seattle Times in their Associated Press (AP) news report about another Berkshire Hathaway mortgage brand that the Department of Justice described as a ‘record settlement’ for ‘racially discriminatory’ ‘redlining’ in several states by another Berkshire Hathaway (BRK) owned HomeServices financing brand, Trident Mortgage Company. Are these similar claims in conventional …

Before digging into insights from the Vanderbilt Mortgage and Finance, Inc., Plaintiff, vs. Cesar Flores, et al, Defendants Case NO. C-09-312, the following background is useful. Since shortly after publishing the Manufactured Home Living News (MHLivingNews) report on “The Case Against Clayton Homes” on 5.28.2020, that report has had hundreds of thousands of hits from readers, and has routinely been …

During a well-documented affordable housing crisis, manufactured housing has finally risen beyond the 100,000 new homes produced threshold in 2021. The last time the manufactured home industry collectively produced over 100,000 homes was in 2006, when 117,373 new HUD Code manufactured homes were produced. A look at the most recent state and national level manufactured home production and shipment data …

On paper, much of what Clayton Homes General Counsel, Thomas “Tom” Hodges, J.D., has said or written over the years may seem fine from the viewpoints of certain quarters involved in the battle for more affordable housing in general, and more manufactured homes in particular. But according to the information, evidence, and reasoning in a complaint with the Tennessee Bar …

At the Novi Home Show, on October 8-10 at Suburban Collection Showplace, Novi in Michigan, there will be several brand new, upper scale manufactured homes on display that can be toured at no additional admission cost. Meaning, there are other things occurring at the Novi Home Show, and if you attend anyway, then your fee-entry into the show also is …

It is a troubling story that has a better-than-expected ending. But former nurse Laurie Myers had to appear in Knoxville, TN “General Sessions Court on Tuesday, Sept. 14,” where she was told to expect “to be officially evicted from Amherst Ridge.” Amherst Ridge is a land-lease manufactured home community that per an informed local source was once owned by Clayton …

Properly understood, existing federal laws are routinely and broadly speaking on the side of residents and white hat independents who believe they are being victimized by “predatory” firms operating in the manufactured housing industry.  With that statement in mind, Berkshire Hathaway backed Apple’s recently announced settlement of $100 million dollars in a class action antitrust lawsuit filed against Apple by …

Samuel “Sam” Strommen from Knudson Law forged an evidence-based and systematic case that points the finger of monopolization at Clayton Homes, 21st Mortgage Corporation, Warren Buffett’s Berkshire Hathaway, and several specific members of the Manufactured Housing Institute (MHI). Minneapolis Federal Reserve professional researchers James A. Schmitz Jr and David Fettig have made their own evidence-based argument that “Monopolies Inflict Great Harm on Low- and …

Ben and his family have lived in manufactured housing for some years. He recently bought a new manufactured home.  In his view, he has been lied to repeatedly by the sales person as far as delivery dates and other issues were involved. That said, Womack said he and his wife love the floorplan and home that they bought, if it …

Facts matter. The true meaning of words matters too. The relationship between cause-and-effect matters. As MHLivingNews and our MHProNews sister site has each previously reported, Peter Buffett, Warren Buffett’s own son, has exposed significant problems with the so-called “philanthro-feudalism” industry. Prior to Peter’s revelations, the award winning documentary Poverty Inc, outlined numbers of problems tied to so-called charity or poverty …

To understand the importance of the cautionary comments from award-winning attorney Marty Lavin to Mobile and Manufactured Home Living News (MHLivingNews), it is useful to understand some basics that influence all forms of conventional and manufactured homes. Access to lending plays an important role in all resale home valuations. The law of supply and demand, along with proper support by …

There are several possible sources for information on a company – be it Clayton Homes or any other – for those seeking an authentic snapshot. It is natural for a company to say good things about themselves. But what do current and former employees have to say? What do customers that encountered a problem have to say? Those are some …