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Warren Buffett, Berkshire Hathaway and CFPB
Is Wall Street More Bullish About Berkshire Hathaway Right Now Than Warren Buffett?
Berkshire Hathaway's standing policy is that Buffett can repurchase shares anytime he believes the stock is trading below its intrinsic value. The only caveat is that stock buybacks aren't allowed if they would cause the conglomerate's cash position (including cash, cash equivalents, and U.S. Treasuries) to fall below $30 billion.
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 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.
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 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 ...
4d
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 ...
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 ...
3d
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, ...
Bisnow
3d
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 ...
4d
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 ...
6d
on MSN
What to Watch at Berkshire Hathaway in 2025
This year marks the 60th anniversary of Warren Buffett taking control of Berkshire Hathaway, and it could be an eventful 2025 ...
3d
Berkshire shareholder seeks committee to oversee AI at Buffett's company
A Berkshire Hathaway shareholder wants a committee of independent directors to oversee risks associated with artificial ...
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