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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 buy manufactured homes from another Berkshire company.
Unit of Warren Buffett's Berkshire Hathaway Sued by CFPB Over Home Loans
The Consumer Financial Protection Bureau (CFPB) said that Vanderbilt Mortgage & Finance trapped "people in risky loans."
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 it of pushing borrowers into unaffordable mortgages to buy homes from Clayton Homes,
Berkshire-owned lender sued by CFPB over ‘unaffordable’ loans
Vanderbilt Mortgage & Finance Inc. is accused of knowingly issuing “unaffordable” home mortgages.
CFPB sues Berkshire Hathaway-owned mortgage lender for alleged predatory practices
The CFPB says that Vanderbilt Mortgage & Finance, owned by Berkshire Hathaway, ignored evidence that borrowers couldn't afford loans to buy manufactured homes.
Berkshire Hathaway mortgage unit led mobile home buyers needlessly into foreclosure, CFPB says
A Berkshire Hathaway unit that is a major lender to people buying mobile homes intentionally failed to qualify borrowers, the Consumer Financial Protection Bureau alleged in a complaint. As a result,
2d
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 ...
People
8d
Amazon’s Latest Tiny Home Has 2 Bedrooms, a Rooftop Deck, and a Stunning Glass Sunroom
And one of the newest compact houses we discovered at Amazon — the S.E.Q Double Story
Prefabricated
Tiny
Home
— checks all of these boxes. For $47,000 and just a click of the “add to cart ...
5d
Sustainable Communities: The Future of Manufactured Homes
The beginning of a new year marks a time for reflection on ways to better ourselves and bring more positivity to the world.
The Inlander
3d
Designed to improve quality of life for ALS patients, modular, eco-friendly homes also show what the future of homebuilding could look like
Thanks to awareness-raising initiatives like the Ice Bucket Challenge, we all have a better appreciation of amyotrophic ...
SouthFlorida Reporter
11d
Top Manufactured Home Builders in Florida: Quality, Affordability and Innovation
Manufactured homes in Florida are not just a housing option – they’re a glimpse into the future of affordable, innovative and ...
12d
BonnaVilla partners with Griffith Homes of Iowa to bring modular homes to Omaha and Lincoln
Content by BonnaVilla. BonnaVilla, a division of Chief Industries, Inc., has entered into a strategic partnership with ...
ConsumerAffairs
2d
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 ...
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Related topics
Consumer Financial Protection Bureau
Berkshire Hathaway
Warren Buffett
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