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Mobile-Home Lender Owned by Buffett Is Sued Over Risky Mortgages
A federal consumer bureau claims Vanderbilt Mortgage, owned by Berkshire Hathaway, made loans to buyers of manufactured homes it knew could not repay them.
US regulator sues Berkshire-owned lender for making risky home loans, missing red flags
The U.S. Consumer Financial Protection Bureau sued a lender owned by Warren Buffett's Berkshire Hathaway on Monday, accusing it of pushing borrowers into unaffordable mortgages to buy homes from Clayton Homes,
Berkshire-owned lender sued by CFPB over ‘unaffordable’ loans
Vanderbilt Mortgage & Finance Inc. is accused of knowingly issuing “unaffordable” home mortgages.
Unit of Warren Buffett's Berkshire Hathaway Sued by CFPB Over Home Loans
The Consumer Financial Protection Bureau (CFPB) said that Vanderbilt Mortgage & Finance trapped "people in risky loans."
CFPB sues Berkshire Hathaway-owned mortgage lender for alleged predatory practices
The CFPB says that Vanderbilt Mortgage & Finance, owned by Berkshire Hathaway, ignored evidence that borrowers couldn't afford loans to buy manufactured homes.
Crain's Detroit
13d
Rocket Homes sued by federal watchdog alleging kickbacks for broker referrals
A federal consumer watchdog agency alleges that an affiliate of Rocket Mortgage acted illegally by providing kickbacks for ...
ConsumerAffairs
14d
Rocket Homes gave kickbacks to realtors for homeowner loans, CFPB alleges
Lender Rocket Homes gave kickbacks to real estate brokers and agents to get homebuyers to sign up for its loans, the Consumer ...
13d
Feds sue Arizona real estate brokerage and Rocket Homes, alleging kickback scheme
The suit alleges The Jason Mitchell Group, headquartered in Scottsdale, encouraged its agents to steer homebuyers toward ...
14d
on MSN
CFPB Sues Rocket Homes Over Alleged Kickback Scheme
The Consumer Financial Protection Bureau has filed suit against Rocket Homes, alleging the real-estate company provides ...
14d
on MSN
Federal watchdog sues Rocket Companies' subsidiary for alleged kickbacks
The Consumer Financial Protection Bureau lawsuit is against Rocket Homes, although also cites Rocket Mortgage and title ...
14d
Rocket Homes accused of illegal kickback scheme by government watchdog
The top U.S. watchdog agency for consumer finance on Monday accused Rocket Homes, a unit of Rocket Companies, and The Jason Mitchell Group real estate brokerages of an illegal kickback scheme to steer ...
14d
on MSN
US accuses Rocket Homes of illegal kickbacks in mortgage scheme
The top U.S. watchdog agency for consumer finance on Monday accused Rocket Homes, a unit of Rocket Companies, and The Jason ...
13d
Consumer protection agency closes the Biden era taking big swings
Three new lawsuits filed by the CFPB take aggressive actions that could potentially be reversed by President-elect Donald ...
Sierra Sun Times
13d
Consumer Financial Protection Bureau (CFPB) Files Lawsuit to Stop Illegal Kickback Scheme to Steer Borrowers to Rocket Mortgage
The CFPB’s lawsuit against Rocket Homes, The Mitchell Group, and Jason Mitchell seeks a stop to alleged unlawful conduct, ...
10h
Court cracks down on California agency that denied Musk rocket launch expansion
A California court cracked down on the California Coastal Commission for its “prejudicial abuse of discretion” when denying homebuilding permits.
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