accusing it of pushing borrowers into unaffordable mortgages to buy homes from Clayton Homes, Berkshire's manufactured housing business. Vanderbilt Mortgage and Finance, a unit of Clayton, allegedly ...
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 failure.
Copyright 2025 The Associated Press. All Rights Reserved. Warren Buffett, Chairman and CEO of Berkshire Hathaway, speaks during a game of bridge after the annual ...
Vanderbilt relied on unrealistic expectations of what borrowers would need financially after making their mortgage payment, according to the complaint.
The US government has sued a unit of Warren Buffett’s Berkshire Hathaway, accusing it of pushing borrowers into unaffordable loans—so customers would buy homes from the company’s manufactured housing ...