The CFPB said that Vanderbilt Mortgage & Finance often disregarded evidence that borrowers could not afford the loans. Vanderbilt is a subsidiary of Clayton Homes, the largest U.S. producer of ...

The Consumer Financial Protection Bureau (CFPB) said that Vanderbilt Mortgage & Finance trapped "people in risky loans." ...

The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit alleging that Vanderbilt Mortgage & Finance, a unit of Warren Buffett’s Berkshire Hathaway, “ignored clear and obvious red flags” ...

A Maryville-based mortgage lender that primarily provides mortgages for manufactured homes is being sued by the Consumer ...

The CFPB said it aims to stop Vanderbilt's illegal practices ... loans to borrowers that were known to not have enough income to cover the mortgage, the agency said. "Vanderbilt knowingly traps people ...

Despite regularly blessing Vanderbilt Mortgage’s underwriting practices in the past, the CFPB is now demanding compliance with an unknown and unknowable new ‘standard’ not addressed in the ...

Cases involving accusations of redlining, kickbacks, underpaid employees and more swept across the mortgage industry in ...

There were 361 complaints about reverse mortgages submitted to the CFPB in 2023, a number that dropped to 298 in 2024.

The CFPB said that Vanderbilt Mortgage & Finance often disregarded evidence that borrowers could not afford the loans. Vanderbilt is a subsidiary of Clayton Homes, the largest U.S. producer of ...

The CFPB said Monday that Vanderbilt Mortgage & Finance's decisions put many families in a position where they struggled to pay their bills and purchase basic necessities. In one example, Vanderbilt ...