Manufactured homes can be a cheaper option but may lose value over time, unlike a traditional home that gains equity.
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 ...
Vanderbilt is a subsidiary of Clayton Homes, the largest U.S. producer of manufactured homes, which in turn is a subsidiary of Warren Buffett's holding company, Berkshire Hathaway. "Vanderbilt ...
Vanderbilt is a unit of the largest U.S. builder of manufactured homes, Clayton Homes Inc., a wholly owned subsidiary of Berkshire Hathaway. “Vanderbilt knowingly traps people in risky loans in ...
“Vanderbilt knowingly traps people in risky loans in order to close the deal on selling a manufactured home,” CFPB Director Rohit Chopra said in a statement. Advertisement Article continues below this ...
Maryville, Tenn.-based Vanderbilt is a unit of Clayton Homes, a subsidiary of Berkshire Hathaway and one of the largest manufactured-housing companies in the U.S. Neither Vanderbilt nor Berkshire ...