The CFPB said that Vanderbilt Mortgage & Finance often disregarded evidence that borrowers could not afford the loans. Vanderbilt is a subsidiary of Clayton Homes, the largest U.S. producer of ...

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

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 ...

Vanderbilt Mortgage & Finance, part of Warren Buffett’s conglomerate Berkshire Hathaway, has been accused by the Consumer Financial Protection Bureau (CFPB) of manipulating underwriting ...

Manufactured homes can be a cheaper option but may lose value over time, unlike a traditional home that gains equity.

The Consumer Finance Protection Bureau (CFPB) today filed a lawsuit against Vanderbilt Mortgage & Finance, a Tennessee-based multi-channel nonbank lender that originates loans for manufactured homes ...