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CFPB sues Berkshire Hathaway-owned mortgage lender for alleged predatory practices

todayJanuary 6, 2025 691 92 5

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Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra arrives to testify before a Senate Banking, Housing, and Urban Affairs Committee hearing on Capitol Hill on December 11, 2024 in Washington, DC.

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

(Image credit: Kent Nishimura)

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Written by: Prometheus

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