Tag: practices
World’s seven wealthiest countries agree to counter China’s trade practices
G7 finance ministers and central bank governors pledge to address ‘economic imbalances’, without naming China Top finance officials from the world’s seven wealthiest democracies have set aside stark differences on US tariffs and agreed to counter global “economic imbalances”, a swipe at China’s trade practices. Ahead of the meeting of G7 finance ministers and central…
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…