She told viewers, “For those of you who are in the market for a new house, and you’re thinking that you want a Clayton Modular Home because it’s fast and simple. No, no you don’t.” ...
Vanderbilt is a subsidiary of Clayton Homes, the country’s largest builder of manufactured homes, sometimes called mobile or prefab houses. Clayton also owns 21st Mortgage, which like Vanderbilt ...
“Vanderbilt knowingly traps people in risky loans in order to close the deal on selling a manufactured home,” CFPB Director ...
The consumer watchdog filed a lawsuit in Tennessee against Vanderbilt for purported violations of the Truth in Lending Act ...
A Berkshire Hathaway unit that is a major lender to people buying mobile homes intentionally failed to qualify borrowers, the ...
The U.S. Consumer Financial Protection Bureau filed the lawsuit Monday against Berkshire’s Clayton Homes manufactured housing division. The complaint alleges that Vanderbilt Mortgage and Finance ...
Despite being the largest U.S. builder of manufactured homes, Clayton Homes has faced scrutiny for targeting vulnerable borrowers, including those with low incomes or poor credit, and was ...