Vanderbilt relied on unrealistic expectations of what borrowers would need financially after making their mortgage payment, according to the complaint.
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.
Warren Buffett always wanted to make money. As a child growing up in Omaha, Neb., he traded Coca-Cola and chewing gum with other kids, sold stamps and golf balls to adults, and worked in his dad’s grocery store.
The Consumer Financial Protection Bureau accused Tennessee-based Vanderbilt Mortgage & Finance of ignoring red flags in mortgage applications.
A Chapel Hill Republican has filed a bill that would rename Tennessee's largest airport after the soon-to-be president.
Tennessee Highway Patrol (THP) urged drivers across the state to be safe and respectful behind the wheel. TikTok shuts down as U.S. ban takes effect
Warren Buffett is widely considered one of the greatest investors ever because he has delivered excellent returns for a long time. The Oracle of Omaha's investing strategy was effective 10 years ago.
A Reuters analysis shows that Berkshire coal plants emit more nitrogen oxide gases than any other coal-fired fleet in the country. Despite big investments in renewable energy, the company has resisted efforts by regulators to make coal plants cleaner.
The Consumer Financial Protection Bureau has filed a lawsuit in the Eastern District of Tennessee against Vanderbilt Mortgage and Finance, a
Still, the fact that the problem persists and criminals are constantly shifting their fraud tactics is troubling, he said. Zimmermann, like most dealers, carries fraud insurance, the cost of which has increased in correlation to a rise in fraud, he said. He estimates it has gone up by 20% in price over the past five years.
Here's a look at how weekly regional gas prices changed in Midwest region last week compared with the week prior.
The Christina School District Board of Education has voted to cancel its March 26 referendum, which would increase the local taxes