Menu

SEPTEMBER FEATURED ARTICLES AND REPORTS - Tuesday Night Sep. 12th

Click bottom right for full screen video.

A+ A A-

Is Tim Williams - 21st Mortgage CEO, MHI Chair – at Odds with Berkshire Hathaway Chairman Warren Buffett?

That headline question will be front and center, after the facts provided to MHProNews are laid out.

A source at the Manufactured Housing Institute (MHI) – with Chairman Tim Williams’ specific okay – provided MHProNews the following PowerPoint that Williams used for an MHI meeting presentation.

It was requested and provided with the specific and clear understanding that MHProNews would publish this at some point in time.

That time is now.

TimWilliams21stMortCorpMHIChairmanDailyBusinessNewsMHProNewsFirst, we will show Tim Williams - President and CEO of 21st Mortgage Corporation – presentation in its entirety. To our knowledge, while we’ve referenced this previously on MHProNews, this will be the first time this presentation by him is made public in this fashion.

Next, we will simply state that there would be broad agreement between our editorial view that the industry should be capable of far more growth that it current experiences, and what Williams thoughtfully lays out, step by step, in the presentation below. 

The facts in Williams’ presentation would likely be widely agreed to by MHARR, MHI, MHEC, NMHOA...almost everyone in the industry. 

Right up to Williams’ final slide.  That’s where the fireworks will be found.

After the 7th slide, we will ask a few simple questions.  They will cut to the heart of what the headline states. With that brief intro, let’s begin.

 

 

1FactorsEffectingHousingDemandManufacturedHousingInstituteMHIChairmanTimWillaims21stMortgageBerkshireHathawayIndustryinFocusReportMHProNews

2PopulationFactorsEffectingHousingDemandManufacturedHousingInstituteMHIChairmanTimWillaims21stMortgageBerkshireHathawayIndustryinFocusReportMHProNews

3AnnualSFMultiFamilyHousingStartsHousingDemandManufacturedHousingInstituteMHIChairmanTimWillaims21stMortgageBerkshireHathawayIndustryinFocusReportMHProNews

 

4TotalHousingStartsHousingDemandManufacturedHousingInstituteMHIChairmanTimWillaims21stMortgageBerkshireHathawayIndustryinFocusReportMHProNews

5AptOccupancyManufacturedHomeShipmentsHousingDemandManufacturedHousingInstituteMHIChairmanTimWillaims21stMortgageBerkshireHathawayIndustryinFocusReportMHProNews

6CorrelationNewJobsManufacturedHomeShipmentsHousingDemandManufacturedHousingInstituteMHIChairmanTimWillaims21stMortgageBerkshireHathawayIndustryinFocusReportMHProNews

7ThreatsChallengesManufacturedHomeHousingDemandManufacturedHousingInstituteMHIChairmanTimWillaims21stMortgageBerkshireHathawayIndustryinFocusReportMHProNews

Arrows and caption in the above are by MHProNews.

 

A progressive flagship publication, the Huffington Post, cited on 4.2.2015 Warren Buffett’s support for “former U.S. Secretary of State Hillary Rodham Clinton will be the next president, and he's not bothered by the questions about the private email account she used while at the State Department.”

"What I care about is what she believes in, and her ability to get what she believes in turned into law,'' Buffett said.  That support is known to have continued, right up to the 2016 election.

Sec. Clinton and President Obama both had support from Warren Buffett.  President Obama supported the passage of Dodd-Frank. He supported the passage of ObamaCare (ACA). Clinton favored both.

Questions, Questions…

Q1) Can one doubt that Warren Buffett’s stated public policy positions line up with those of “progressives?” 

Q2) Does MHI Chairman Tim Williams, who is president and CEO of Berkshire Hathaway’s 21st Mortgage Corp, oppose Warren Buffett’s beliefs?

Q3) How does Williams’ reconcile MHI’s claim to be trying to modify Dodd-Frank, with Warren Buffett’s support of candidates that installed and want to maintain Dodd-Frank?

Q4) Does anyone else see the disconnects between slide 7 and MHI's claimed agenda?

Q5) Is this why a well-known company owner with MHI connections said to MHProNews that he “would not lift a finger” to lobby for modifying Dodd-Frank via Preserving Access to Manufactured Housing, because “one call from Omaha” - where Warren Buffett’s operation is headquartered – to then President Barack Obama could have fixed this for the industry, if Buffett wanted it fixed?

Tim Wiliams’ presentation is laden with facts and insights. They are thoughtful and hard to argue with.

Q6) But do they also stands in stark contrast with what MHI claims to want?  And to what the chairman of Berkshire Hathaway de facto has worked to support, namely candidates who favored Dodd-Frank?

Manufactured housing advocate, Rev Donald Tye, Jr., speaking about Warren Buffett’s lack of support for changing policies that harmed the industry said this, So it is with most billionaires. They could care less about regulations or deregulation! They buy influence on either side of the aisle. It’s just business.” 

DonaldTyeJrManufacturedHousingAdvocateDailyBusinessNewsMHProNews

Tye has reportedly worked with several billionaires.

ManufacturedHousingIndustryStatistics2007 2015FastFactsReportSunshineHomeManufactturedHomes credits ManufacturedHousingIndustryDailyBusinessNewsMHProNew

To see an article that explains the distinction between residential and ‘entry level’ or ‘shade and shelter’ HUD Code manufactured homes, click here. To see a video on that same topic, click here.

The actively retired businessman and minster concluded his remarks to MHProNews by saying on a related topic - linked here – that “The system is rigged.” ## (Flashback, manufactured home industry news, analysis.)

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

LATonyKovach QuestioningNYSAAteam NewYorkHousingAssociation MHProNews com PhotoCreditMarkSimon 250x167L. A. “Tony” Kovach, Managing Member, LifeStyle Factory Homes, LLC -dba MHProNews.com and MHLivingNews.com. All Rights Reserved.

 

Photo taken while L. A. “Tony” Kovach was questioning MH regulators in NY.

Daily Business News Briefs

Skyline, UMH Gain, Manufactured Housing CV Soars, S&P, NASDAQ Hit New H…

Noteworthy headlines on – CNNMoney – Fox trying to pull Jesse Watters from O’Reilly comedy tour. Oil stocks are the biggest losers of 2017. US unemployment hits 4.4 percent, lowest...

05-05-2017

Read more

New Player Enters Manufactured Home, Communites, RV Game

Gelt Inc., a Tarzana, California based real estate investment firm, has announced the formation of a new subsidiary to purchase and manage manufactured home and RV communities. According to the...

05-05-2017

Read more

Website Upgrade – on MHProNews Begins This Weekend

The long-anticipated upgrade to MHProNews.com to version 3.0 will begin this weekend. The site will go down, starting Friday night/Saturday morning Eastern time. We anticipate the site coming back up...

05-05-2017

Read more

Analyst, Investor Action at Skyline – What’s Happening?

For Skyline Homes, a recent rough patch has analysts and investors making moves. According to the Cerbat Gem, TheStreet downgraded shares of the company from a “c” rating to a...

05-05-2017

Read more

MHARR on Tariffs, DOE, and, Federalized Installation – Exclusive Report and…

The Manufactured Housing Association for Regulatory Reform (MHARR) has released its latest Washington Update, an exclusive report and analysis that addresses key issues with the U.S. Department of Housing and Urban...

01-05-2017

Read more

Magnificent May – New Reports, Announcements, and Schedule

Beginning with RC Williams hot new exclusive this morning on the behind-the-scenes developments in the nation’s capital regarding manufactured housing lending, Magnificent May will continue the MHProNews tradition of independent...

01-05-2017

Read more

Patrick Rises Over 3 Percent, Manufactured Housing CV Broader Markets Jump

Noteworthy headlines on – CNNMoney – United and dragged passenger reach settlement. Southwest Airlines: We won’t overbook anymore. China’s Uber worth $50 billion after raising more cash. 10 things United...

27-04-2017

Read more

Is Time Finally up for the CFPB?

Movement by the House Financial Services Committee, led by Chairman Jeb Hensarling (R-TX), could spell the end for the Consumer Financial Protection Bureau as we know it. According to ACA...

27-04-2017

Read more

More First Nations Turning to Modular

Throughout Canada, many First Nations native tribes are struggling with the dual challenge of quality, and affordable, housing. Mold and other natural elements, when combined with overcrowding, present issues tribal...

27-04-2017

Read more

Bark Worse than Bite? Manufactured Housing Institute Slams Trump Administra…

Comments from Commerce Secretary Wilbur Ross on CNBC yesterday regarding proposed anti-subsidy tariffs on Canadian goods raised quite a stir. “The tariff is not the beginning of a trade war with...

27-04-2017

Read more

Drama in Ohio: Fake News, Facts and Myths

The ongoing battle between the Ohio Manufactured Housing Association (OMHA) and Ohio Governor John Kasich over the status of the Ohio Manufactured Housing Commission (OMHC) has been taken to a...

27-04-2017

Read more

New Sponsors

You Might Like

Classifieds

Press Releases

Zoning, Opening up Urban Infill and Making Sure Citizens who want Manufactured Homes are Heard

by Ed Schafer For the last three or four years, the South Carolina association’s focus is to move beyond killing bad zoning proposals and working to reopen areas that have been closed to manufactured homes for many years.

Schafer, Ed %COMMENTS 05-09-2016 September 2016

Zoning Eased to Allow MH for Flood Victims

Following up on a story concerning the flooding in Minot, North Dakota last spring, KFYR-TV reports the Minot City Council is relaxing zoning requirements to allow manufactured homes to be sited in areas not previously zoned for them, sometimes to the chagrin of neighbors. Working on a case by case basis, many of the homes [...]...

Matthew Silver %COMMENTS 09-05-2012 Daily Business News

Zoning Commission Recommends against Expansion of Manufactured Home Community

The Yellowstone County Zoning Commission unanimously turned down a zone change application that would have allowed Cherry Creek Estates manufactured home community (MHC) to expand by adding as many as 80 manufactured homes, reports billingsgazette. While the Yellowstone County Board of Commissioners will have the final say when it meets in...

Matthew Silver %COMMENTS 12-04-2016 Daily Business News

Zoning Changes on Tap for Manufactured Housing

A new proposal from the Columbus Junction (Iowa) Planning and Zoning Commission to the city council would create a manufactured housing (MH) district, and delete MH from R-2 and R-3 residential districts. According to muscatinejournal.com, current ordinances require any MH outside of a community to be placed on a permanent foundation and converted...

Matthew Silver %COMMENTS 27-09-2013 Daily Business News

Zoning Changes Could Affect Manufactured Housing

by RC Williams The Washington County, Maryland Board of Commissioners is holding a public hearing today regarding several proposed changes to the county’s zoning ordinance, including ones that affect manufactured homes.

Williams, RC %COMMENTS 04-03-2017 March 2017

Zoning Changes Allow Modular Units

Following up on a story we last posted May 2, 2012 about modular medical units temporarily placed on a property to house loved ones with special needs, MHProNews has learned several states, including Virginia, New York, and California have enacted legislation to allow these units to override local regulations and be sited on properties not [...]...

Matthew Silver %COMMENTS 24-07-2012 Daily Business News