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 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's ...

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 ...