A federal consumer bureau claims Vanderbilt Mortgage, owned by Berkshire Hathaway, made loans to buyers of manufactured homes it knew could not repay them.
Vanderbilt relied on unrealistic expectations of what borrowers would need financially after making their mortgage payment, according to the complaint.
A Maryville-based mortgage lender that primarily provides mortgages for manufactured homes is being sued by the Consumer Financial Protection Bureau (CFPB) over allegations that the lender
The Consumer Financial Protection Bureau accused Tennessee-based Vanderbilt Mortgage & Finance of ignoring red flags in mortgage applications.
The Consumer Financial Protection Bureau, or CFPB, is a government agency that oversees the consumer finance industry, including banks, lenders and other financial institutions.
Vanderbilt’s internal model for underwriting loans provided borrowers unrealistic expectations of monthly living expenses, the Consumer Financial Protect Bureau alleged in the complaint.
In an effort to address one of the biggest contributors to personal debt across the country, the federal government finalized a new consumer protection rule to remove unpaid medical bills as a factor on someone's credit history.
BlackRock, Inc. has settled a dispute with Tennessee over its ESG practices, which the state said misled consumers. Attorney General Jonathan Skrmetti filed a consumer protection lawsuit against the investment firm in December 2023.
On December 17, 2024, the U.S. Federal Trade Commission (FTC) announced its final “Junk Fees Rule” (the “Final Rule” or “Rule”) to prevent
The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Capital One, N.A., and its parent company, Capital One Financial Corp., accusing the financial giant of depriving
Tata Consumer Products Ltd. key Products/Revenue Segments include Tea, Other Operating Revenue, Royalty Income for the year ending 31-Mar-2024.For the quarter ended 30-09-2024, the company has reported a Consolidated Total Income of Rs 4,260.42 Crore ...
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