George Allen / EducateMHC Blog Mobile Home & Land Lease Community Advocate & Expert

February 26, 2021

MHShipments During Year 2021

Filed under: Uncategorized — George Allen @ 9:43 am

Blog Posting # 627 @26 February 2021: EducateMHC

Perspective. ‘Land lease communities, previously manufactured home communities, and earlier, ‘mobile home parks’, comprise the real estate component of manufactured housing!’

EducateMHC is the online national advocate, asset class historian, data researcher, education resource, & communication media for all land lease communities throughout North America!

To input this blog and/or affiliate with EducateMHC, telephone Official MHIndustry HOTLINE: (877) MFD-HSNG or 633-4764. Also email: & visit

Motto: ‘U Support US & WE Serve U!’ Goal: to promote HUD-Code manufactured housing & land lease communities as U.S. # 1 source of affordable attainable housing! Attend MHM class!

INTRODUCTION: So, will ‘manufactured housing shipments’ eclipse 90,000 or 100,000 units during year 2021? Part I hints at an answer to that pithy and timely question. Part II? If you’re a land lease community mortgage originator or broker, and/or make home-only chattel capital loans, you’ll want to read the 23rd National Registry of ALL Lenders! Some stunning info contained therein, and most comprehensive directory of independent third party (personal property loan) lenders ever published! Part III? The question that’s on everyone’s mind: ‘What was the degree of ‘MHAdvantage/Cross-Mod™ implementation’ partnership during year 2020?


MHShipments During Year 2021

Year 2020 MHShipment summary statement tying together years 2006, 2020, and now 2021.

“If we had those 3,000 (lost to coronavirus in April, May & June 2020) homes back (actually 2,775 net), we’d have likely shipped 97,165 new HUD-Code homes during all of 2020, achieving the highest performance level since 117,510+/-, way back in year 2006, or 14 years ago!” Edited quote from blog # 625.

But know what? We, as an industry and realty asset class, have no logical reason to believe 98,000, let alone 100,000 new HUD-Code homes will be shipped during year 2021 as long as we have to deal with:

• Dilatory effect of personal subsistence payments from the federal government, resulting in the under-manning of saw mills producing lumber, and factory-built housing plants producing and shipping new homes

• Unpredictable and substantial invoice price increases occurring after new homes have been ordered

• Continuing backlogging of homes, in large part, due to first bullet point.
• Lack of chattel capital home-only financing for new manufactured homes being sited and sold on-site in land lease communities

• Inaction of the FHFA and GSEs Fannie Mae & Freddie Mac relative to Duty to Serve plans

• Lack of chattel lending statistical transparency and sharing, on the part of one or more independent third party chattel finance firms enjoying market dominance

• Lack of chattel capital home-only financing for new manufactured homes being sited and sold on-site within land lease communities nationwide.

• Inaction of the Federal Housing Finance Agency (‘FHFA’) and GSE’s Fannie Mae & Freddie Mac, relative to their Duty to Serve (‘DTS’) plans for manufactured housing.

And there are additional stumbling blocks we could add to this troublesome list, but you certainly get the idea.


23rd National Registry of ALL Lenders

Well the ‘numbers are in’ (i.e. ‘dollars’, that is), and we now know year 2020, despite the coronavirus pandemic and all that went with it, was a Banner Year for real estate-secured mortgages brokered and originated pursuant to land lease community acquisitions and refinance! The grand total $ amount brokered and lent? Prime subscribers to The Allen Confidential newsletter will learn that stunning amount in the March 2021 issue due out next week – or so. But here’re a couple hints: the 2020 $ lending total exceeds mortgage $ volumes, for land lease communities, in years 2013 through 2019 (That’s as far back as records go), by more than $2 billion dollars! Whew! What a year!

If not already a Prime Subscriber to TAC, visit to do so today.

Furthermore; do YOU realize TAC is our industry and realty asset class’ sole source land lease community news, and these key Resource Documents?

• ALLEN REPORT (a.k.a. ‘Who’s Who Among Land Lease Community Portfolio Owners/operators Located Throughout North America!’)

• Official ‘State of Manufactured Housing Industry & Land Lease Community Asset Class’

• National Registry of ALL Lenders & Brokers Serving MH & LLCommunities

• ‘Who Ya Gonna Call in 2021?’ directory of freelance consultants

• Directory of MH & LLCommunity Print & Online Media, plus state associations

• Official Lexicon & Glossary of MH & LLCommunity Trade Terminology

• Official Directory of GSE & NGO Organizations, plus professional property management training and certification programs

• Only accounting of MH & LLCommunity ‘trending topics’ (a.k.a. Evergreen Issues), plus official definition of affordable housing, low income housing, & very low income housing

• Directory of MH & LLCommunity National Advocacy & related trade organizations

• Directory of HUD-Code Manufactured Housing Manufacturers, plus descriptions of Community Series Homes (circa 2009) & CrossMod™ homes (circa 2016)

• Industry Briefing Sheet (e.g. statistics re MH & LLCommunities), and an abbreviated ‘State of the MHIndustry & LLCommunities’ document

• Statistics Sourcing & Formulae for MH & LLCommuniteis (i.e. ‘Where to get the information needed to better understand our industry & realty asset class’)

And, believe it or not, that list of a dozen plus Resource Documents available from EducateMHC is not comprehensive! For example, every monthly TAC now contains a ‘MHShipment Volume & Stock Market Report’ featuring the official MHShipment volume agreed upon among IBTS, HUD, MHARR & EducateMHC; as well as an accounting (i.e. stock market prices) of the nine public MH firms (includes three REITs) that’s available nowhere else!



Everyone in manufactured housing, and among land lease community owners/operators, knows year 2019 was DISMAL, where ‘MHAdvantage/CrossMod™ implementation’ was concerned (Like, maybe six transactions in all)!

OK, we’re now three months into year 2021 and still no word from the FHFA and two GSEs (i.e. Fannie Mae & Freddie Mac), as to degree of ‘MHAdvantage/CrossMod™ implementation’ during year 2020. Federal Housing Finance Agency, please supply that information, or instruct the GSE’s to do so, in the near future!

Why? Because, once and for all, we – as an industry and realty asset class, should know whether this much ballyhooed partnership is indeed viable; OR, if we should be looking elsewhere (Is there anywhere else?) for financial support for the HUD-Code manufactured housing industry and home-only loans for in-community home sales transactions.

We’re waiting…..


George Allen, CPM, MHM

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