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 ...

The CFPB says that Vanderbilt Mortgage & Finance, owned by Berkshire Hathaway, ignored evidence that borrowers couldn't ...

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

The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit alleging that Vanderbilt Mortgage & Finance, a unit of Warren Buffett’s Berkshire Hathaway, “ignored clear and obvious red flags” ...

the CFPB identified less than 0.8% of loans over a six-year period that allegedly shouldn't have been made, the statement continued. "Despite regularly blessing Vanderbilt Mortgage's underwriting ...

CFPB charges Draper & Kramer with redlining and discriminatory lending in Chicago and Boston, proposing a 5-year ban and $1.5 million penalty.

The company stated, “For 50 years, Vanderbilt Mortgage has increased homeownership in the U.S. The CFPB’s lawsuit is the latest example of politically motivated, regulatory overreach.” ...

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 ...