The Consumer Financial Protection Bureau (CFPB) said that Vanderbilt Mortgage & Finance trapped "people in risky loans." ...
a unit of Warren Buffett’s Berkshire Hathaway, “ignored clear and obvious red flags” when approving mortgages for the purchase of manufactured homes from another Berkshire company, Clayton Homes. The ...
Vanderbilt relied on unrealistic expectations of what borrowers would need financially after making their mortgage payment, according to the complaint.
Doors open for Berkshire Hathaway Annual Shareholders meeting The federal Consumer ... Vanderbilt is a unit of Berkshire's Clayton Homes, which is the nation's largest builder of manufactured homes. A ...
Vanderbilt is a subsidiary of Clayton Homes, the largest U.S. producer of manufactured homes, which in turn is a subsidiary ...
Increased regulatory scrutiny may impact Berkshire Hathaway's housing division. Clayton Homes' reputation and business practices will face heightened public scrutiny. Bull Case: The CFPB lawsuit ...
(AP) — The federal Consumer Financial Protection Bureau said in a lawsuit that a unit of Warren Buffett's Berkshire Hathaway ignored ... a unit of Berkshire's Clayton Homes.
CFPB says borrowers were pushed into unaffordable loans Vanderbilt calls lawsuit 'unfounded and untrue' Buffett defended Clayton Homes against ... Warren Buffett's Berkshire Hathaway (BRKa.N ...
The federal Consumer Financial Protection Bureau said in a lawsuit that a unit of Warren Buffett's Berkshire Hathaway ignored ... is a unit of Berkshire's Clayton Homes, which is the nation's ...