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Berkshire Hathaway, Vanderbilt Mortgage
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 mortgage applications.
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 it knew could not repay them.
US regulator sues Berkshire-owned lender for making risky home loans, missing red flags
The U.S. Consumer Financial Protection Bureau sued a lender owned by Warren Buffett's Berkshire Hathaway on Monday, accusing it of pushing borrowers into unaffordable mortgages to buy homes from Clayton Homes,
Berkshire-owned lender sued by CFPB over ‘unaffordable’ home loans
Vanderbilt relied on unrealistic expectations of what borrowers would need financially after making their mortgage payment, according to the complaint.
Unit of Warren Buffett's Berkshire Hathaway Sued by CFPB Over Home Loans
The Consumer Financial Protection Bureau (CFPB) said that Vanderbilt Mortgage & Finance trapped "people in risky loans."
CFPB sues Berkshire Hathaway-owned mortgage lender for alleged predatory practices
The CFPB says that Vanderbilt Mortgage & Finance, owned by Berkshire Hathaway, ignored evidence that borrowers couldn't afford loans to buy manufactured homes.
Berkshire unit is sued by US CFPB over risky home loans
The U.S. Consumer Financial Protection Bureau sued a unit of Warren Buffett's Berkshire Hathaway on Monday, accusing it of pushing borrowers into unaffordable loans to buy homes from Clayton Homes, Berkshire's manufactured housing business.
CFPB says unit of Warren Buffett's Berkshire Hathaway ignored red flags in manufactured home loans
The federal Consumer Financial Protection Bureau says in a lawsuit that a unit of Warren Buffett's Berkshire Hathaway “ignored clear and obvious red flags” that borrowers couldn't afford the mortgages they were given to buy manufactured homes from another Berkshire company.
Berkshire Hathaway mortgage unit led mobile home buyers needlessly into foreclosure, CFPB says
A Berkshire Hathaway unit that is a major lender to people buying mobile homes intentionally failed to qualify borrowers, the Consumer Financial Protection Bureau alleged in a complaint. As a result,
4d
on MSN
Berkshire Hathaway Just Bought $4 Million More of This Stock
Berkshire Hathaway continued its purchases of Verisign in recent days, buying about $4 million of the company that provides ...
2d
3 No-Brainer Warren Buffett Stocks to Buy Right Now
Warren Buffett's Berkshire Hathaway owns one of the world's most closely watched stock portfolios. It holds stakes in 46 ...
13d
on MSN
Warren Buffett's Berkshire Hathaway is buying up shares of internet domain provider VeriSign
VeriSign is ranked 5th in the S&P 500 for the highest profit margin, at about 56%, tied with Nvidia, according to ...
1d
on MSN
Berkshire shareholder calls for AI oversight panel
A Berkshire Hathaway shareholder wants a committee of independent directors to oversee risks associated with artificial ...
9d
Prediction: Warren Buffett's Berkshire Hathaway Stock Will Outperform the S&P 500 in 2025
The S&P 500 Index ( ^GSPC 1.26%) enjoyed a fantastic year in 2024, gaining roughly 24% (as of Dec. 30). Warren Buffett's ...
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