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CFPB, Berkshire Hathaway and Warren Buffett
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 said in a lawsuit that a unit of Warren Buffett's Berkshire Hathaway ignored red flags that borrowers couldn't afford the mortgages they were given to buy manufactured homes from another Berkshire company.
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.
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.
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.
CFPB sues Berkshire Hathaway company Vanderbilt Mortgage
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 out of their homes.
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 Berkshire Hathaway ( BRK.A 0.88%) ( BRK.B 0.55%) performed similarly, depending on which share class you look at.
Lawsuit alleges unit of Warren Buffett's Berkshire Hathaway ignored red flags in home loans
A lawsuit alleges that a unit of Warren Buffett's Berkshire Hathaway ignored red flags that borrowers couldn't afford the mortgages they were given to buy manufactured homes.
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.
CFPB Sues Vanderbilt for Pushing Borrowers Into Unaffordable Loans
The agency on Monday said the company's business model ignored signs that borrowers couldn't afford loans that resulted in families struggling to make payments and meet basic life needs. It also alleged that Vanderbilt charged borrowers fees and penalties when their loans became delinquent,
2d
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 ...
9h
Sirius XM: What Is Berkshire's Endgame?
Sirius XM is highly cash generative and could therefore pay for itself in a levered buyout. Read why I remain bullish on SIRI ...
9h
5 Stocks Warren Buffett Is Betting Big On for 2025
These five companies -- one of which is near and dear to the Oracle of Omaha's heart -- stand out for all the right reasons.
1d
Warren Buffett dumped stocks, built a $300 billion cash pile, and updated his death plan in 2024. Here are his 6 highlights.
Warren Buffett paid tribute to the late Charlie Munger, gifted more than $6 billion to good causes, and sold $133 billion of ...
3d
Berkshire Hathaway: Our Top Investment For 2025 (Rating Upgrade)
Berkshire Hathaway offers substantial cash reserves and earnings growth. Find out why BRK.A stock stands out in 2025 with ...
3d
on MSN
Warren Buffett's favorite internet stock is a 'top pick' with 16% upside in 2025, Citi says
Citi said it is encouraged by recent month-over-month growth in .com domain registrations, which could point to ...
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Warren Buffett
CFPB
Verisign
Consumer Financial Protection Bureau
Clayton Homes
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