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."
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.
US Regulator Sues Berkshire-Owned Lender for Making Risky Home Loans, Missing Red Flags
(Reuters) -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, Berkshire's manufactured housing business.
Lawsuit alleges unit of Warren Buffett's Berkshire Hathaway ignored red flags in home loans
A lawsuit alleges 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.
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 Berkshire Hathaway ( BRK.A 0.88%) ( BRK.B 0.55%) performed similarly, depending on which share class you look at.
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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The Curious Incident of the Stock Warren Buffett Didn’t Buy in Q3
In a famous Arthur Conan Doyle story, “The Adventure of Silver Blaze,” Sherlock Holmes draws the attention of Scotland Yard’s ...
Retirees Should Pay Attention To What Buffett Is Doing With His Cash Right Now
Wall Street Warren Buffett’s massive accumulation of US T-Bills during the high inflation of recent years took advantage of ...
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 ...
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 Hathaway Energy seeks arbitration in Gibson commission lawsuit
The parent company of HomeServices of America filed a motion last week to compel arbitration in order to uphold its client ...
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Why Does Warren Buffett Hold So Much Cash?
Given the financial environment in which cash is sometimes considered as useless, Warren Buffett's approach of keeping large ...