Berkshire-owned lender sued by CFPB over ‘unaffordable’ home loans
Vanderbilt relied on unrealistic expectations of what borrowers would need financially after making their mortgage payment, ...
Bisnow13d
Berkshire Hathaway-Owned Lender Sued Over Allegedly Unaffordable Mortgages
The Consumer Financial Protection Bureau accused Tennessee-based Vanderbilt Mortgage & Finance of ignoring red flags in ...
The Associated Press - Business News on MSN13d
Consumer watchdog says Berkshire Hathaway unit ignored red flags in manufactured home loans
which is the nation’s largest builder of manufactured homes. Both Vanderbilt and Clayton are based in Tennessee. “For 50 ...
Mobile-Home Lender Owned by Buffett Is Sued Over Risky Mortgages
A federal consumer bureau claims Vanderbilt Mortgage, owned by Berkshire Hathaway, made loans to buyers of manufactured homes ...
WAMC13d
CFPB sues Berkshire Hathaway-owned mortgage lender for alleged predatory practices
The U.S. Consumer Financial Protection Bureau said Monday that it is suing a Tennessee-based mortgage lender owned ...
US regulator sues Berkshire-owned lender for making risky home loans, missing red flags
The U.S. Consumer Financial Protection Bureau sued a lender owned by Warren Buffett's Berkshire Hathaway on Monday, accusing ...
Yahoo Finance14d
Part of Warren Buffett’s empire just got sued by the US government
The agency filed its complaint in the Knoxville, Tennessee, federal court, nearby the company’s Maryville headquarters. Clayton is the largest U.S. builder of manufactured homes, including ...