CFPB sues Vanderbilt, a Berkshire Hathaway lender, over risky home loans by Flávia Furlan Nunes for HousingWire
HousingWireHousingWire Vanderbilt Mortgage & Finance, part of Warren Buffett’s conglomerate Berkshire Hathaway, has been accused by the Consumer Financial Protection Bureau (CFPB) of manipulating underwriting standards and setting borrowers up to fail in manufactured home loans. The consumer watchdog on Monday filed a lawsuit in a U.S. district court in…
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