CFPB sues Vanderbilt Mortgage & Finance, alleging predatory …
Jan 7, 2025 · The CFPB says that Vanderbilt Mortgage & Finance, owned by Berkshire Hathaway, ignored evidence that borrowers couldn't afford loans to buy manufactured homes.
CFPB Sues Vanderbilt for Setting Borrowers Up to Fail in …
Jan 6, 2025 · The CFPB sued Vanderbilt Mortgage & Finance for setting families up to fail when they borrowed money to buy a manufactured home.
CFPB Sues Vanderbilt, Alleging It ‘Traps People in Risky Loans’
Jan 6, 2025 · Vanderbilt Mortgage is a unit of manufactured home builder Clayton Homes, which is a wholly owned subsidiary of Berkshire Hathaway, the CFPB said in a Monday (Jan. 6) press release. The nonbank ...
CFPB alleges Berkshire Hathaway unit ignored red flags in …
Jan 6, 2025 · The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit alleging that Vanderbilt Mortgage & Finance, a unit of Warren Buffett’s Berkshire Hathaway, “ignored clear and obvious red ...
Consumer watchdog says Berkshire Hathaway unit ignored red …
Jan 6, 2025 · “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 Clayton Homes, which is the nation’s largest builder of manufactured homes.
CFPB Sues Vanderbilt Mortgage for Pushing Borrowers Into …
Jan 6, 2025 · The Consumer Financial Protection Bureau has filed suit against Vanderbilt Mortgage & Finance, alleging the home-financing company pushed customers into unaffordable loans and set them up for...
CFPB sues Berkshire Hathaway affiliate over risky home loans
Jan 6, 2025 · Vanderbilt Mortgage & Finance, part of Warren Buffett’s conglomerate Berkshire Hathaway, has been accused by the Consumer Financial Protection Bureau (CFPB) of manipulating underwriting...
CFPB sues Berkshire Hathaway company Vanderbilt Mortgage
Jan 6, 2025 · The Consumer Financial Protection Bureau is suing Vanderbilt Mortgage and Finance, a unit of Berkshire Hathaway subsidiary Clayton Homes, for risky lending practices that left many consumers bankrupt and without a home.
CFPB sues Berkshire Hathaway-owned mortgage lender for …
Jan 7, 2025 · The CFPB says that Vanderbilt Mortgage & Finance, owned by Berkshire Hathaway, ignored evidence that borrowers couldn't afford loans to buy manufactured homes.
US regulator sues Berkshire-owned lender for making risky home …
Jan 6, 2025 · Vanderbilt Mortgage and Finance, a unit of Clayton, allegedly ignored "clear and obvious red flags" that borrowers could not afford their loans, and failed to properly assess borrowers' ability...
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