A federal consumer bureau claims Vanderbilt Mortgage, owned by Berkshire Hathaway, made loans to buyers of manufactured homes it knew could not repay them.
Vanderbilt relied on unrealistic expectations of what borrowers would need financially after making their mortgage payment, according to the complaint.
After a period of trimming stakes, Warren Buffett's Berkshire Hathaway ended the year making some sizable insider purchases. Building one of those stakes continued into the new year. Meanwhile, other insiders returned to add to stakes as well in a telecom and a boat maker.
The US government has sued a unit of Warren Buffett’s Berkshire Hathaway ... The agency filed its complaint in the Knoxville, Tennessee, federal court, nearby the company’s Maryville headquarters.
The Consumer Financial Protection Bureau filed a lawsuit against Vanderbilt Mortgage & Finance on Monday, alleging the Warren Buffett's Berkshire Hathaway Inc. subsidiary systematically approved unaffordable manufactured home loans that set borrowers up for failure.
The Consumer Financial Protection Bureau accused Tennessee-based Vanderbilt Mortgage & Finance of ignoring red flags in mortgage applications.
The federal Consumer Financial Protection Bureau said in a lawsuit that a unit of Warren Buffett's Berkshire Hathaway ... Both Vanderbilt and Clayton are based in Tennessee. A decade ago, Clayton ...
Warren Buffett, Chairman and CEO of Berkshire Hathaway ... Both Vanderbilt and Clayton are based in Tennessee. “For 50 years, Vanderbilt Mortgage has increased homeownership in the U.S. The CFPB’s lawsuit is unfounded and untrue, and is the latest ...
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,
The Tennessee Department of Transportation installed traffic barriers, drilling more than 1,600 holes to install them.
President Joe Biden will leave the Oval Office next week without once visiting Nebraska while president. That will make him the first sitting president in more than a century to
Warren Buffett is widely considered one of the greatest investors ever because he has delivered excellent returns for a long time. The Oracle of Omaha's investing strategy was effective 10 years ago.