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 ...
Modular homes were hailed as a solution to housing crises. But the sector is now struggling to scale
Modular construction promises a faster, more sustainable solution to housing crises but it still sees wider adoption in some countries more than others.
Multi-Housing News29m
GMF Group Lands $65M Refi for Florida MHC Portfolio
GMF Group has secured a $65 million CMBS refinancing package for a 17-property manufactured housing portfolio in Florida.
ConsumerAffairs3d
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 ...
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 ...
cumnockchronicle.com2d
Connect Modular: Cumnock business enters administration
A statement from FRP said: "Michelle Elliot and Callum Carmichael, partners with specialist business advisory firm FRP Advisory, have been appointed as joint administrators of Connect Modular Limited ...
Can Factory-Built Apartment Complexes Solve America’s Housing Crisis?
The U.S. needs to build much faster and much cheaper. Steel magnate Barry Zekelman is gambling $1 billion of his family's money that Z Modular can churn out prefab apartment complexes to meet that ...
HousingWire21d
HUD awards $225M to preserve and renovate manufactured homes across 26 states
“Manufactured housing provides an affordable path to homeownership for many families. This funding builds upon HUD’s commitment to advancing housing innovation and reduce housing costs.