The Consumer Financial Protection Bureau (CFPB) said that Vanderbilt Mortgage & Finance trapped "people in risky loans."
A lawsuit alleges that a unit of Warren Buffett's Berkshire Hathaway ignored red flags that borrowers couldn't afford the mortgages they were given to buy manufactured homes.
OMAHA, Neb. (AP) — The federal Consumer Financial Protection Bureau says in a lawsuit that a unit of Warren Buffett's Berkshire Hathaway “ignored clear and obvious red flags” that borrowers couldn't afford the mortgages they were given to buy ...
The Consumer Financial Protection Bureau filed a lawsuit against Vanderbilt Mortgage & Finance on Monday, alleging the Warren Buffett's Berkshire Hathaway Inc. subsidiary systematically approved unaffordable manufactured home loans that set borrowers up for failure.
A federal consumer bureau claims Vanderbilt Mortgage, owned by Berkshire Hathaway, made loans to buyers of manufactured homes it knew could not repay them.
Experian was sued by the Consumer Financial Protection Bureau, which accused the Costa Mesa-based credit bureau of failing to properly probe consumer disputes.
The U.S. Consumer Financial Protection Bureau said Monday that it is suing a ... which in turn is a subsidiary of Warren Buffett's holding company, Berkshire Hathaway. "Vanderbilt knowingly traps people in risky loans in order to close the deal on selling ...
OMAHA, Neb. (AP) — The federal Consumer Financial Protection Bureau says in a lawsuit that a unit of Warren Buffett’s Berkshire Hathaway “ignored clear and obvious red flags” that ...
Oakmark Funds, advised by Harris Associates, released its “Oakmark Global Fund” fourth quarter 2024 investor letter. A copy of the letter can be downloaded here. The fund returned -5.78% in the quarter compared to a -0.
By Jonathan Stempel (Reuters) -The U.S. Consumer Financial Protection Bureau sued a lender owned by Warren Buffett's Berkshire Hathaway (NYSE:BRKa) on Monday, accusing it of... Investing.com ...
The FTC ordered GoDaddy to improve its online security measures on behalf of small-business customers. The Tempe-based company said it already does so.
Buffett -- as well as his late great partner Charlie Munger -- would recommend avoiding leverage at all costs in your portfolio. Why? Because when the market turns (which it will inevitably do at times), the downside can wipe you out. The levered Nasdaq ETF went into a massive drawdown in 2022, and that was just one year of bad returns.