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,

Vanderbilt’s internal model for underwriting loans provided borrowers unrealistic expectations of monthly living expenses, the Consumer Financial Protect Bureau alleged in the complaint.

The manufactured home loan lender, a unit of Berkshire Hathaway subsidiary Clayton Homes, was accused of ignoring red flags that sent many borrowers into bankruptcy, default and ultimately out of their homes.

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.

(AP) — The federal Consumer Financial Protection Bureau says in a lawsuit that a unit of Warren ... Vanderbilt is a unit of Berkshire’s Clayton Homes, which is the nation’s largest builder of manufactured homes. Both Vanderbilt and Clayton are ...

The Consumer Financial Protection Bureau (CFPB) has sued Vanderbilt Mortgage & Finance, accusing the company of routinely approving manufactured-home loans

The Consumer Financial Protection Bureau (CFPB) said that Vanderbilt Mortgage & Finance trapped "people in risky loans."

Vanderbilt relied on unrealistic expectations of what borrowers would need financially after making their mortgage payment, according to the complaint.

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

A federal consumer bureau claims Vanderbilt Mortgage, owned by Berkshire Hathaway, made loans to buyers of manufactured homes it knew could not repay them.

The Consumer Financial Protection Bureau accused Tennessee-based Vanderbilt Mortgage & Finance of ignoring red flags in mortgage applications.

The U.S. Consumer Financial Protection Bureau said Monday that it is suing a Tennessee ... Vanderbilt is a subsidiary of Clayton Homes, the largest U.S. producer of manufactured homes, which in turn is a subsidiary of Warren Buffett's holding company ...