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

Warren Buffett, Chairman and CEO of Berkshire Hathaway ... Vanderbilt is a unit of Berkshire’s Clayton Homes, which is the nation’s largest builder of manufactured homes. Both Vanderbilt and Clayton are based in Tennessee. “For 50 years, Vanderbilt ...

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 US government has sued a unit of Warren Buffett’s Berkshire Hathaway, accusing it of pushing borrowers into unaffordable loans—so customers would buy homes from the company’s manufactured housing business.

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 federal Consumer Financial Protection Bureau said in a lawsuit that a unit of Warren Buffett's Berkshire ... Vanderbilt is a unit of Berkshire's Clayton Homes, which is the nation's largest ...

The US government has sued a unit of Warren Buffett’s Berkshire Hathaway ... filed the lawsuit Monday against Berkshire’s Clayton Homes manufactured housing division. The complaint alleges ...

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.

Published in 2008, “The Snowball: Warren Buffett and the Business of Life” is a biography about Buffett, written by Alice Schroeder. In reading “The Snowball,” Clayton noted that one ...

Back in 2012, Warren Buffett told CNBC that if there was a way to buy thousands of single-family homes at once, and to manage them easily, he would “load up.” He also emphasized he’d take out mortgages at “Very,

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The U.S. Consumer Financial Protection Bureau (CFPB) has sued Vanderbilt Mortgage and Finance, a unit of Warren Buffett’s Berkshire Hathaway. The lawsuit alleges that Vanderbilt ignored “clear and obvious red flags” that borrowers could not afford their loans.