With stylish features and floor plans, many of today’s manufactured homes break the old “mobile home” stereotype — without ...
“Vanderbilt knowingly traps people in risky loans in order to close the deal on selling a manufactured home,” CFPB Director Rohit Chopra said in a statement. Vanderbilt is a unit of Berkshire’s ...
The Consumer Financial Protection Bureau (CFPB) has sued Vanderbilt Mortgage & Finance, accusing the company of routinely approving manufactured-home loans ...
(Reuters) -The U.S. Consumer Financial Protection Bureau sued a lender owned by Warren Buffett's Berkshire Hathaway on Monday ...
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 ...
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 is a subsidiary of Berkshire’s Clayton Homes, which is the nation’s largest builder of manufactured homes. A spokesperson for Vanderbilt told Associated Press that the company is currently ...
The U.S. Consumer Financial Protection Bureau sued a unit of Warren Buffett's Berkshire Hathaway on Monday, accusing it of pushing borrowers into unaffordable loans to buy homes from Clayton Homes, ...
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 ...
A lawsuit alleges that a unit of Warren Buffett's Berkshire Hathaway ignored red flags that borrowers couldn't afford the mortgages they were given to buy manufactured homes.
Vanderbilt relied on unrealistic expectations of what borrowers would need financially after making their mortgage payment, according to the complaint.