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The Consumer Finance Protection Bureau (CFPB) today filed a lawsuit against Vanderbilt Mortgage & Finance, a Tennessee-based multi-channel nonbank lender that originates loans for manufactured homes ...
A federal consumer bureau claims Vanderbilt Mortgage, owned by Berkshire Hathaway, made loans to buyers of manufactured homes it knew could not repay them. By Matthew Goldstein A federal regulator ...
The U.S. Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Vanderbilt Mortgage and Finance, a unit of Warren Buffett's Berkshire Hathaway (BRK.A), accusing it of approving ...
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Consumer watchdog says Berkshire Hathaway unit ignored red flags in manufactured home loans
OMAHA, Neb. (AP) — The federal Consumer Financial Protection Bureau says in a lawsuit that a unit of Warren Buffett's Berkshire Hathaway “ignored clear and obvious red flags” that borrowers couldn't ...
The lawsuit read like a fable of American capitalism. It accused the nation’s biggest mobile-home builder — owned by one of the world's wealthiest men and servicing the most financially vulnerable ...
The U.S. Consumer Financial Protection Bureau said Monday that it is suing a Tennessee-based mortgage lender owned by Berkshire Hathaway, accusing the company of predatory practices aimed at steering ...
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