Issue link: https://read.dmtmag.com/i/657319
Franklin Homes is pleased to announce new additions to its management team. Joel S. Logan II has joined the company as General Manager. Boo Haughton has joined the com- pany as Sales Manager and Mark Frederick has come to Franklin as Production Manager. Logan brings more than 20 years of manage- ment experience in the manufactured home in- dustry to Franklin Homes, having previously founded and operated two successful manufac- tured home companies. He led the founding group of Pinnacle Homes of Alabama in 1996 and served as President and General Manager of the company. When Pinnacle was purchased by Patriot Homes in 1998, Logan continued as General Manager of the Pinnacle division until 2003. As a founder of Deer Valley Homes, Mr. Logan served as President and Director of the company, and he also served as Chief Operat- ing Officer and Director of Deer Valley Corpo- ration. Logan commented, "I am eager to begin working at Franklin Homes, one of the ac- knowledged builders of quality manufactured homes in the country. Good things are hap- pening with manufactured housing and I intend for Franklin Homes to be a leader in the indus- try." A 1992 graduate of the University of Ala- bama, Haughton brings more than two decades of manufactured home sales and management experience to the company. He previously held a variety of sales and management positions over 20 years with Southern Energy (SE) Homes. Most recently Haughton served as a sales repre- sentative with River Birch Homes to set up Oklahoma, Missouri, Kentucky and Ten- nessee. Said Haughton, "I look forward to working with a great team at Franklin Homes and help- ing to grow the Franklin brand." Haughton and his wife Jenny have three children and reside in Haleyville, AL. Mark Frederick has more than 30 years of ex- perience in production management, having served as Production Manager at Waverlee Homes and Belmont Homes and Director of Production at Belmont Homes, Deer Valley Homebuilders and Elixir Door Company. He also owned and operated Granite of Alabama, LLC, a decorative concrete coating business. With regards to his new position at Franklin Homes, Frederick said, "I intend to utilize my skills and years of experience to produce a high- quality product, on time and on budget, while adhering to stringent quality and safety stan- dards." Frederick is a graduate of Northwest Alabama State Jr. College and lives in Sheffield, AL. APRIL 2016 25 THE JOURNAL HWC M NEW HOME WARRANTIES No. 12 on Get It Quick Page manufactured home financing market dominated by those large portfolio lenders, ef- fectively forcing consumers into higher-cost chattel loans provided by those same lenders. (4) The proposed rule is disingenuous and misleading in failing to properly acknowledge or detail the history of the GSEs' experience with manufactured housing loans and their long-time aggressive opposition to properly serving the manufactured housing market. MHARR's com- ments address these facts – and particularly Fan- nie Mae's reckless purchase of loans originated by one lender on the verge of bankruptcy – and demonstrate that the performance of those loans is an aberration that cannot serve as a guide for current-day FHFA policy. (5) The "Pilot Program" for chattel loans ref- erenced in the proposed rule is, effectively, a sham, designed to divert attention from the ex- clusion of chattel loans from DTS. By making the establishment of such a program discre- tionary with the GSEs – with their long track record of aggressive opposition to support for manufactured housing chattel loans – the "Pilot Program" will be useless window-dressing, at best. Based on these points -- and others addressed in its comments -- MHARR calls on FHFA to withdraw its fundamentally-flawed proposed rule and replace it with one that would include full securitization and secondary market support for manufactured housing chattel loans by Fannie Mae and Freddie Mac. The Manufactured Housing Association for Regulatory Reform is a Washington, D.C.- based national trade association representing the views and interests of independent producers of federally-regulated manufactured housing. \ 21 Franklin Homes Announces New Management Personnel