Tag: lender
CFPB sues Berkshire Hathaway-owned mortgage lender for alleged predatory practices
By Scott Neuman The U.S. Consumer Financial Protection Bureau said Monday that it is suing a Tennessee-based mortgage lender owned by Berkshire Hathaway, accusing the company of predatory practices aimed at steering borrowers into manufactured homes they could not afford. The CFPB said that Vanderbilt Mortgage & Finance often disregarded evidence that borrowers could not…