The Associated Press - Business News on MSN13d
Consumer watchdog says Berkshire Hathaway unit ignored red flags in manufactured home loans
“Vanderbilt knowingly traps people in risky loans in order to close the deal on selling a manufactured home,” CFPB Director ...
CFPB alleges Berkshire Hathaway unit ignored red flags in manufactured home loans
The lawsuit revives concerns about potentially predatory lending practices within Berkshire's extensive empire.
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 ...
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 ...
ConsumerAffairs13d
Feds charge mobile-home loan company set families up to fail
The Consumer Financial Protection Bureau (CFPB) has sued Vanderbilt Mortgage & Finance, accusing the company of routinely ...
Berkshire unit is sued by US CFPB over risky home loans
The U.S. Consumer Financial Protection Bureau sued a unit of Warren Buffett's Berkshire Hathaway on Monday, accusing it of ...
CNN13d
Part of Warren Buffett’s empire just got sued by the US government
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 ...
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, ...
US regulator sues Berkshire unit over risky home loans
The U.S. Consumer Financial Protection Bureau Monday sued a unit of Warren Buffett's Berkshire Hathaway on Monday for ...