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 ...
Vanderbilt Mortgage & Finance, part of Warren Buffett’s conglomerate Berkshire Hathaway, has been accused by the Consumer Financial Protection Bureau (CFPB) of manipulating underwriting ...
President Donald Trump has dismissed Rohit Chopra as director of the Consumer Financial Protection Bureau (CFPB) in his ...
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 ...
The CFPB said that Vanderbilt Mortgage & Finance, which is owned by Berkshire Hathaway, trapped "people in risky loans." The CFPB alleged in Monday's lawsuit that Vanderbilt Mortgage & Finance's ...
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 ...
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Vanderbilt Mortgage & Finance, Inc., alleging that the company engaged in predatory lending ...
"Vanderbilt Mortgage's underwriting processes exceed ... "Far from protecting American consumers, the CFPB's lawsuit will deprive credit-worthy borrowers of owning a home." The CFPB said it ...
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 says that Vanderbilt Mortgage & Finance, owned by Berkshire Hathaway, ignored evidence that borrowers couldn't afford loans to buy... The U.S. Consumer Financial Protection Bureau said ...