Before we get down to Taking Care of Business in MH, let me first note the following. In the middle of October, we’ll mark the 6th anniversary launch of what we now call MHProNews.com. In this issue, you’ll find quotable quotes from industry leaders and professionals who say in their own words, why this …
Taking Care of Business – Manufactured Housing Industry – October 2015 Read More »
Ten days from today, the CFPB imposed appraisal rule for manufactured housing goes into effect. There are those who suggest that this is a consumer protection. That reminds me a bit of the Ronald Reagan punch line, “I’m from the government, and I’m here to help you.” First, for those who aren’t among the thousands …
CFPB Imposed Appraisal Rule for Manufactured Housing Looms, July 18, 2015! Read More »
The Wall Street Journal’s recent report on emails that documented Jonathan Gruber’s ‘heroic’ roll in putting together and passing the misnamed Affordable Care Act (ACA, aka ObamaCare) is just the latest reminder that public officials at many levels have embraced the strategy of Josef Goebbels, Adolf Hitler, Joe Stalin or Chairman Mao. “If you tell …
We have some 7 months before onerous regulations from the Consumer Financial Protection Bureau (CFPB) kick in January 2014 that would cut access to an important segment of manufactured housing financing. That means we have less than 7 months to get HR 1779, and a pending companion bill in the U.S. Senate done. So we …
I understand the theory behind the book entitled, It Takes a Village (to raise a child). Without parsing or endorsing the volume or its author, let me segue to the idea that in times like these, It takes an Industry for individual businesses or organizations to be successful. Some will take issue with that idea. …
Elephants in the Room and Manufactured Housing
Warning: This blog post is not for the faint of heart or for those who think they can skim and get it all. As an Industry Pro, directly or indirectly, this impacts YOU every day.
In a recent conversation with George F. Allen, I mentioned a discussion topic that Finmark’s Dick Ernst and I shared in preparation for our INdustry in Focus interview with Dick about manufactured home financing. During that conversation, Mr. Ernst used the memorable phrase, “elephants in the room.” Specifically, we spoke about the challenges that lenders and home owners face when resale time comes. “That’s the elephant in the room, Tony, that we as an industry need to deal with.” was the gist of Dick’s revealing statement.
An Exclusive Interview with Doug Gorman
…I do not have any specific knowledge of a conspiracy to destroy our industry. At the same time I find many of the actions taken in Washington are in fact resulting in driving up costs for our industry’s clients while reducing the financing options available. If it is a conspiracy, those responsible are being remarkably successful as we look at a 90% drop in industry shipments. I don’t read a lot of news coverage of any other industry taking a hit of that magnitude….
