Consumer watchdog says Berkshire Hathaway unit ignored red flags in manufactured home loans
The federal Consumer Financial Protection Bureau said in a lawsuit 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 from another Berkshire company.
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-Owned Lender Over ‘Unaffordable’ Loans
A lender owned by Warren Buffett’s Berkshire Hathaway Inc. knowingly issued “unaffordable” home mortgages by ignoring the insufficient income or assets of some borrowers, a top financial regulator alleged in a lawsuit Monday.
CFPB sues Berkshire’s Vanderbilt Mortgage over risky mortgages
The Consumer Financial Protection Bureau has filed a lawsuit in the Eastern District of Tennessee against Vanderbilt Mortgage and Finance, a
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,
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.
Berkshire Hathaway mortgage unit led mobile home buyers needlessly into foreclosure, CFPB says
A Berkshire Hathaway unit that is a major lender to people buying mobile homes intentionally failed to qualify borrowers, the Consumer Financial Protection Bureau alleged in a complaint. As a result,
Berkshire Hathaway Inc. Cl B stock underperforms Wednesday when compared to competitors
Shares of Berkshire Hathaway Inc. Cl B sank 0.24% to $451.84 Wednesday, on what proved to be an all-around great trading ...
Berkshire shareholder seeks committee to oversee AI at Buffett's company
A Berkshire Hathaway shareholder wants a committee of independent directors to oversee risks associated with artificial ...
Berkshire Hathaway Q4 2024 Book Value And Earnings Estimates: Where To Invest In 2025?
See here for an analysis of Berkshire Hathaway's strong Q4 earnings, high cash reserves, and stable performance, with ...
Berkshire Hathaway Inc. Cl B stock outperforms competitors on strong trading day
Berkshire Hathaway Inc. Cl B closed $38.75 below its 52-week high ($491.67), which the company reached on November 27th.
My Top 5 Warren Buffett Buys for 2025
Warren Buffett is known for his investing success, generating market-beating returns over the long run. As chairman, he's ...
325 Billion Reasons Warren Buffett Is Virtually Guaranteed to Buy His Favorite Stock in 2025
The Oracle of Omaha has more than enough justification to add to the roughly $78 billion he's spent buying shares of his ...
Berkshire shareholder calls for AI oversight panel
A Berkshire Hathaway shareholder wants a committee of independent directors to oversee risks associated with artificial ...
Charlie Munger made a contrarian bet at 99, doubling his money, and clashed with Elon Musk over taking risks, friend recalls
Li Lu, a friend of Warren Buffett's business partner Charlie Munger, said Munger doubled his money on a controversial stock ...
Here's the 1 Stock Warren Buffett Bought in 2024 He's Most Likely to Buy Again This Quarter
In the second quarter of 2024, Buffett again bought more shares of Chubb, Occidental, the two Liberty Media Sirius XM ...