CFPB Alleges Berkshire Hathaway Subsidiary Originated Unaffordable Housing Loans
Vanderbilt’s internal model for underwriting loans provided borrowers unrealistic expectations of monthly living expenses, ...
American Banker13d
CFPB sues Berkshire Hathaway company Vanderbilt Mortgage
The manufactured home loan lender, a unit of Berkshire Hathaway subsidiary Clayton Homes, was accused of ignoring red flags ...
Berkshire Hathaway could take a hit following Trump’s inauguration: here’s why
Legendary investor Warren Buffett’s multinational conglomerate Berkshire Hathaway Inc (NYSE: BRK.B) may take a hit as Donald ...
Bisnow13d
Berkshire Hathaway-Owned Lender Sued Over Allegedly Unaffordable Mortgages
The Consumer Financial Protection Bureau accused Tennessee-based Vanderbilt Mortgage & Finance of ignoring red flags in ...
WFAE13d
CFPB sues Berkshire Hathaway-owned mortgage lender for alleged predatory practices
The U.S. Consumer Financial Protection Bureau said Monday that it is suing a Tennessee-based mortgage lender owned by Berkshire Hathaway, accusing the company of predatory practices aimed at ...
CFPB sues Berkshire’s Vanderbilt Mortgage over risky mortgages
The Consumer Financial Protection Bureau has filed a lawsuit in the Eastern District of Tennessee against Vanderbilt Mortgage and Finance, a ...
Experian credit bureau sued for allegedly failing to properly probe consumer complaints
Experian was sued by the Consumer Financial Protection Bureau, which accused the Costa Mesa-based credit bureau of failing to ...
NerdWallet3d
What Is the Consumer Financial Protection Bureau?
The Consumer Financial Protection Bureau, or CFPB, is a government agency that oversees the consumer finance industry, ...
WDRB4d
Consumer watchdog says Berkshire Hathaway unit ignored red flags in manufactured home loans
OMAHA, Neb. (AP) — 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 ...