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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
14d
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 ...
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
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 ...
14d
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 ...
10d
Financial Crime Weekly: SEC Charges Tai Mo Shan With Misleading Terra USD Investors, Rocket Companies Sued Over Alleged Kickback Scheme
The Securities and Exchange Commission last Friday charged Tai Mo Shan Ltd. with misleading investors about the stability of ...
CNN
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 ...
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 sued by CFPB over alleged illegal kickbacks
The Consumer Financial Protection Bureau sued Rocket Homes to stop them from providing incentives to real estate brokers and agents in ...
16h
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.
8d
on MSN
BBB: CFPB sues Rocket Homes to prevent alleged ‘kickback scheme’
Rocket Homes, The Mitchell Group and Jason Mitchell are being sued by the Consumer Financial Protection Bureau (CFPB).This ...
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