NerdWallet on MSN14d
Questions Before Buying a Manufactured Home
On Jan. 6, the Consumer Financial Protection Bureau sued Vanderbilt Mortgage & Finance, alleging that the company trapped ...
NerdWallet14d
Buying a Manufactured Home? Ask These 4 Questions First
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.
HousingWire29d
CFPB sues Vanderbilt, a Berkshire Hathaway lender, over risky home loans
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 ...
Nasdaq29d
CFPB Sues Berkshire’s Vanderbilt Unit Over Predatory Home Loans
CFPB Director Rohit Chopra criticized Vanderbilt for knowingly trapping buyers in risky loans to finalize sales. Despite being the largest U.S. builder of manufactured homes, Clayton Homes has ...
American Banker29d
CFPB sues Berkshire Hathaway company Vanderbilt Mortgage
"Vanderbilt knowingly traps people in risky loans in order to close the deal on selling a manufactured home," said CFPB Director Rohit Chopra in a press release Monday. The complaint focuses on a ...