Manufactured homes provide an essential path to low-cost homeownership — but a new lawsuit raises concerns about alleged ...
On Jan. 6, the Consumer Financial Protection Bureau sued Vanderbilt Mortgage & Finance, alleging that the company trapped some borrowers in manufactured home mortgages they couldn’t afford.
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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 ...
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 ...
With stylish features and floor plans, many of today’s manufactured homes break the old “mobile home” stereotype — without breaking the bank. On average, new manufactured homes cost about ...
“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. Vanderbilt is a unit of Berkshire ...
Hundreds of families living in Chatham Estates have been fearing displacement if the property sells to a developer.
In front of a sellout crowd at Memorial Gymnasium on Saturday, Vanderbilt basketball beat Tennessee, 76-75, after a Chaz Lanier missed free throw in the final seconds. Students stormed the court ...