US Regulator Sues Berkshire-Owned Lender for Making Risky Home Loans, Missing Red Flags
(Reuters) -The U.S. Consumer Financial Protection Bureau sued a lender owned by Warren Buffett's Berkshire Hathaway on Monday ...
American Banker22d
CFPB sues Berkshire Hathaway company Vanderbilt Mortgage
The Consumer Financial Protection Bureau is suing Vanderbilt Mortgage and Finance, a unit of Berkshire Hathaway subsidiary Clayton Homes, for risky lending practices that left many consumers bankrupt ...
nationalmortgageprofessional.com22d
CFPB Sues Vanderbilt Mortgage For Trapping Borrowers In Risky Loans
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 ...
HousingWire22d
CFPB sues Vanderbilt, a Berkshire Hathaway lender, over risky home loans
Vanderbilt Mortgage & Finance, part of Warren Buffett’s conglomerate Berkshire Hathaway, has been accused by the Consumer Financial Protection Bureau (CFPB) of manipulating underwriting ...
Boise State Public Radio22d
CFPB sues Berkshire Hathaway-owned mortgage lender for alleged predatory practices
The CFPB said that Vanderbilt Mortgage & Finance often disregarded evidence that borrowers could not afford the loans. Vanderbilt is a subsidiary of Clayton Homes, the largest U.S. producer of ...
Morningstar21d
CFPB Sues Vanderbilt Mortgage for Pushing Borrowers Into Unaffordable Loans — Update
The Consumer Financial Protection Bureau has filed suit against Vanderbilt Mortgage & Finance, alleging the home-financing company pushed customers into unaffordable loans and set them up for failure.
The New York Times22d
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 it knew could not repay them. By Matthew Goldstein A federal regulator ...
Consumer Watchdog Says Berkshire Hathaway Unit Ignored Red Flags in Manufactured Home Loans
The federal Consumer Financial Protection Bureau said in a lawsuit that a unit of Warren Buffett's Berkshire Hathaway ignored red flags that borrowers couldn't afford the mortgages they were given to ...
Investing22d
CFPB files lawsuit against Berkshire's Vanderbilt over unaffordable home loans
Investing.com -- The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Vanderbilt Mortgage & Finance, a nonbank financing company based in Tennessee. The suit alleges that ...
Hosted on MSN22d
Unit of Warren Buffett's Berkshire Hathaway Sued by CFPB Over Home Loans
The CFPB said that Vanderbilt Mortgage & Finance, which is owned by Berkshire Hathaway, trapped "people in risky loans." The CFPB alleged in Monday's lawsuit that Vanderbilt Mortgage & Finance's ...
Joe Lunardi Gives Promising Prediction for Vanderbilt Commodores Tourney Hopes
The Vanderbilt Commodores are in the midst of one of the most successful calendar years for athletics the program has seen in ...