Berkshire-owned lender sued by CFPB over ‘unaffordable’ home loans Vanderbilt is a unit of Clayton Homes Inc., a builder of single-family homes founded in 1956 in Tennessee.

CFPB sues Berkshire Hathaway's Vanderbilt unit over risky loans.Lawsuit alleges violations of the Truth in Lending Act. Clayton Homes, a Berkshire subsidiary, is the largest U.S. builder of ...

The manufactured home lending unit of Berkshire Hathaway subsidiary Clayton Homes allegedly ignored red flags that sent many borrowers into bankruptcy. ... according to the lawsuit. In another example ...

The CFPB says that Vanderbilt Mortgage & Finance, owned by Berkshire Hathaway, ignored evidence that borrowers couldn't afford loans to buy manufactured homes.

A lender owned by Warren Buffett’s Berkshire Hathaway Inc. knowingly issued “unaffordable” home mortgages by ignoring the insufficient income or assets of some borrowers, a top financial ...

Representatives for Berkshire Hathaway, based in Omaha, Nebraska, and Maryville, Tennessee-based Vanderbilt didn’t immediately respond to requests for comment on the lawsuit. Vanderbilt is a unit of ...