C.F.P.B Sues Unit of Warren Buffett’s Berkshire Hathaway Over …
Jan 6, 2025 · A federal regulator sued a mortgage finance firm owned by Warren Buffett’s Berkshire Hathaway conglomerate on Monday, claiming it made loans to buyers of manufactured homes that it knew they...
Consumer watchdog says Berkshire Hathaway unit ignored red …
Jan 6, 2025 · 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.
CFPB sues Vanderbilt Mortgage & Finance, alleging predatory …
Jan 7, 2025 · The U.S. Consumer Financial Protection Bureau said Monday that it is suing a Tennessee-based mortgage lender owned by Berkshire Hathaway, accusing the company of predatory practices aimed at...
Consumer Watchdog Says Berkshire Hathaway Unit Ignored Red …
Jan 6, 2025 · OMAHA, Neb. (AP) — 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 ...
Unit of Warren Buffett's Berkshire Hathaway Sued by CFPB Over …
A unit of Warren Buffett's Berkshire Hathaway is being used by the Consumer Financial Protection Bureau (CFPB) for disregarding "clear and obvious red flags" indicating that borrowers...
Part of Warren Buffett’s empire just got sued by the US …
Jan 6, 2025 · 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...
CFPB says unit of Warren Buffett's Berkshire Hathaway ignored …
Jan 7, 2025 · OMAHA, Neb. (AP) - 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.
CFPB Sues Berkshire-Owned Lender Over ‘Unaffordable’ Loans
Jan 6, 2025 · (Bloomberg) -- A lender owned by Warren Buffett’s Berkshire Hathaway Inc. knowingly issued “unaffordable” home mortgages by ignoring the insufficient income or assets of some borrowers, a ...
Press Releases - U.S. House Committee on Financial Services …
Jan 13, 2016 · Similar concerns were identified in early 2015 when these same Berkshire Hathaway companies, with Warren Buffett’s endorsement, successfully pressed Congress to pass legislation rolling back consumer protections for manufactured housing borrowers.
Berkshire Subsidiary Accused Of 2008-Style Risky Lending In New …
The Consumer Financial Protection Bureau filed a lawsuit against Vanderbilt Mortgage & Finance on Monday, alleging that Warren Buffett‘s Berkshire Hathaway Inc. subsidiary systematically...