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,
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.
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
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 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 ...
Sirius XM: What Is Berkshire's Endgame?
Sirius XM is highly cash generative and could therefore pay for itself in a levered buyout. Read why I remain bullish on SIRI ...
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Berkshire Natural Resource Council conserving 66 acres of woodland in Great Barrington. Here’s what they plan to use it for
PITEL: Just before New Year's, we closed on an acquisition of 66 acres in Great Barrington, off of Blue Hill Road. It abuts ...
Deer rescued from frozen lake in Berkshire County
MONTEREY, Mass. (WWLP) – A deer found in distress on a frozen lake in Berkshire County was rescued by first responders ...
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 ...
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Wokingham named best town in Berkshire, says The Times
A small Berkshire town has been ranked one of the top 50 places to live in the UK, according to data experts at The Times.
Prediction: Warren Buffett's Berkshire Hathaway Stock Will Outperform the S&P 500 in 2025
The S&P 500 Index ( ^GSPC 1.26%) enjoyed a fantastic year in 2024, gaining roughly 24% (as of Dec. 30). Warren Buffett's ...
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Electric Power Engineers Receives Strategic Growth Investment From Berkshire Partners
AUSTIN, Texas--(BUSINESS WIRE)--Electric Power Engineers (“EPE”), a leading energy and power systems engineering and consulting firm, announced today it received a significant strategic growth ...
Berkshire shareholder calls for AI oversight panel
A Berkshire Hathaway shareholder wants a committee of independent directors to oversee risks associated with artificial ...