The Securities and Exchange Commission (SEC), which is the primary regulatory of U.S. stock markets, announced a legal enforcement action against Cavco Industries over conduct involving former Cavco Chairman and CEO, Joseph Stegmayer, Daniel Urness, and the company. Cavco issued the following press release on 9.3.2021 which states their response to the complaint. The SEC Complaint – i.e. legal pleadings …

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 …

Manufactured homes are the most proven form of affordable housing in America today, period. Nothing else comes close. That is not an empty or boastful claim. Rather, that statement is based on decades of well-documented facts and evidence. There are numerous research studies, mostly from third parties to manufactured home interests, that document that some 22 million Americans live in …

When someone wants to understand the lack of affordable housing in the U.S., by reading published studies from a range of sources, a few common facts emerge. The underlying causes of the affordable housing crisis observed by experts and partisans are often similar regardless of which of the two major political parties they may favor. For example, Zoning is a …

Congressional Representative Cindy Axne (IA-D) office made the following media release available to MHLivingNews. First-time visitors should note that  there are white-hat brands in manufactured housing as well as so-called black-hat or “predatory” brands too. More on that further below. The Rep. Axne press release will be followed by additional information, some MHLivingNews analysis, and a brief related commentary.   …

Mobile and Manufactured Home Living News (MHLivingNews) believes strongly in the virtue of giving credit to where it is due. We routinely source information from sources across the left-right divide. Among the resources that we spot-check is Zero Hedge, a generally – but not always – ‘right’ or conservative leaning source. In a report dated July 22, they quoted Mark …

Sometimes the quality of remarks are more important than the mere quantity of statements to public officials. Earlier this week, there were no apparent statements to the FHFA on the Duty to Serve (DTS) manufactured housing mandated for mortgage giants Fannie Mae’s and Freddie Mac’s proposed plans for 2022-2024 by anyone actually living in a manufactured home. There were also …

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 …

Why is there so little competition in the manufactured home lending market? While there are several interlocking factors, one of the simplest points to make is that the mortgage giants Fannie Mae and Freddie Mac are not doing the robust lending in the manufactured home market as they are doing for conventional housing. What follows is a step-by-step explanation based …

The infographic below is the most comprehensive snapshot about modern manufactured homes and its evolution from trailer houses, into mobile homes, into manufactured homes found online today. The infographic image provides fact- and evidence-based snapshot with sources cited of manufactured housing on 6.23.2021. That image can be viewed in a larger size in many browsers, see the instructions below the …

By the tens of millions, public interest in unidentified flying objects (UFOs) has been steady and strong for decades. The “incident at Roswell,” NM in July 1947 marks the ‘modern’ start to the contemporary question of – ‘are we alone as sentient beings in the universe?’ Whatever someone thinks of former President Bill Clinton, he made an interesting point when …

The American Dream has to various degrees always included the ideal of home ownership. As conventional housing prices have long been out of reach for millions with more modest earnings and/or a smaller housing budget, the evolution from 1930s-1940s era trailer houses into larger mobile homes occurred during the 1950s into the early 1970s. While many of those post-trailer house …

Prejudice and ignorance are not bliss. Bias against affordable housing and/or manufactured homes are costly to most of society, save a few well-connected elites. In fairness, over a decade before the self-described “atheist” dark lord of Omaha entered the manufactured home industry, Americans were understandably complaining about a lack of affordable housing. Part of the problem was and remains NIMBY …

“The more things change the more they stay the same.” That’s the common translation of what French writer Jean-Baptiste Alphonse Karr wrote in 1849 – “plus ça change, plus c’est la même chose,” per Wikipedia and Quora. Over 66 years ago, in 1954, a well-known leader at the time named Walter Reuther made the call for building 2 million new …

A documentary entitled “Walmart – The High Cost of Low Prices” presaged several of those observations by Kenton in the video posted below. But what does that have to do with affordable housing and manufactured homes? Follow along and, step-by-step, you may see how the dots connect. The stories in the video are gut-wrenching and tug at the heartstrings. Sometimes …