Archive | March 1, 2010

Buffett wants to tilt the market towards manufactured housing

On Friday Warren Buffett released his annual letter to shareholders of Berkshire Hathaway.  Berkshire Hathaway owns Clayton Homes, a major manufactured home manufacturer.  In the letter, Mr. Buffett laments that “very few factory-built homes qualify for agency-insured mortgages” Mr. Buffett compares the market rates of 9% on manufactured housing loans to the current rate of [...]

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