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Berkshire Hathaway, Vanderbilt Mortgage

HousingWire · 3d

CFPB sues Vanderbilt, a Berkshire Hathaway lender, over risky home loans

The consumer watchdog filed a lawsuit in Tennessee against Vanderbilt for purported violations of the Truth in Lending Act and Regulation Z.

The New York Times · 3d

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.

Hosted on MSN · 3d

Consumer watchdog says Berkshire Hathaway unit 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,

Maryville's Vanderbilt Mortgage Accused of Predatory Lending Practices by Consumer Protection Bureau

The CFPB is suing Vanderbilt Mortgage for alleged predatory lending and failing to verify borrowers’ ability to repay loans.

2don MSN

Lawsuit accuses Maryville home lender of predatory lending

The lawsuit alleges the lender “saddled borrowers in the greatest need with mortgages that they couldn’t reasonably afford to ...

ConsumerAffairs3d

Feds charge mobile-home loan company set families up to fail

The Consumer Financial Protection Bureau (CFPB) has sued Vanderbilt Mortgage & Finance, accusing the company of routinely ...

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