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Berkshire Hathaway, CFPB
US regulator sues Berkshire-owned lender for making risky home loans, missing red flags
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,
CFPB Sues Berkshire-Owned Lender Over ‘Unaffordable’ Loans
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 top financial regulator alleged in a lawsuit Monday.
CFPB sues Berkshire Hathaway-owned mortgage lender for alleged predatory practices
The CFPB says that Vanderbilt Mortgage & Finance, owned by Berkshire Hathaway, ignored evidence that borrowers couldn't afford loans to buy manufactured homes.
CFPB says unit of Warren Buffett's Berkshire Hathaway ignored red flags in manufactured home loans
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 Hathaway company Vanderbilt Mortgage
The manufactured home loan lender, a unit of Berkshire Hathaway subsidiary Clayton Homes, was accused of ignoring red flags that sent many borrowers into bankruptcy, default and ultimately out of their homes.
Prediction: Warren Buffett's Berkshire Hathaway Stock Will Outperform the S&P 500 in 2025
The S&P 500 Index ( ^GSPC 1.26%) enjoyed a fantastic year in 2024, gaining roughly 24% (as of Dec. 30). Warren Buffett's Berkshire Hathaway ( BRK.A 0.88%) ( BRK.B 0.55%) performed similarly, depending on which share class you look at.
Lawsuit alleges unit of Warren Buffett's Berkshire Hathaway ignored red flags in home loans
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.
Unit of Warren Buffett's Berkshire Hathaway Sued by CFPB Over Home Loans
The Consumer Financial Protection Bureau (CFPB) said that Vanderbilt Mortgage & Finance trapped "people in risky loans."
Mobile-Home Lender Owned by Buffett Is Sued Over Risky Mortgages
A federal consumer bureau claims Vanderbilt Mortgage, owned by Berkshire Hathaway, made loans to buyers of manufactured homes it knew could not repay them.
Berkshire unit is sued by US CFPB over risky home loans
The U.S. Consumer Financial Protection Bureau sued a unit of Warren Buffett's Berkshire Hathaway on Monday, accusing it of pushing borrowers into unaffordable loans to buy homes from Clayton Homes, Berkshire's manufactured housing business.
CFPB Sues Vanderbilt for Pushing Borrowers Into Unaffordable Loans
The agency on Monday said the company's business model ignored signs that borrowers couldn't afford loans that resulted in families struggling to make payments and meet basic life needs. It also alleged that Vanderbilt charged borrowers fees and penalties when their loans became delinquent,
2h
Berkshire Hathaway Inc. Cl B stock underperforms Monday when compared to competitors
Berkshire Hathaway Inc. Cl B closed $40.26 below its 52-week high ($491.67), which the company achieved on November 27th.
12h
Sirius XM: What Is Berkshire's Endgame?
Sirius XM is highly cash generative and could therefore pay for itself in a levered buyout. Read why I remain bullish on SIRI ...
HousingWire
2h
Berkshire Hathaway Energy seeks arbitration in Gibson commission lawsuit
The parent company of HomeServices of America filed a motion last week to compel arbitration in order to uphold its client ...
3d
on MSN
Berkshire Hathaway Inc. Cl B stock rises Friday, still underperforms market
Berkshire Hathaway Inc. Cl B closed $38.11 short of its 52-week high ($491.67), which the company achieved on November 27th.
4d
Berkshire Hathaway: Our Top Investment For 2025 (Rating Upgrade)
Berkshire Hathaway offers substantial cash reserves and earnings growth. Find out why BRK.A stock stands out in 2025 with ...
1d
Warren Buffett dumped stocks, built a $300 billion cash pile, and updated his death plan in 2024. Here are his 6 highlights.
Warren Buffett paid tribute to the late Charlie Munger, gifted more than $6 billion to good causes, and sold $133 billion of ...
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