Mobile-Home Lender Owned by Buffett Is Sued Over Risky Mortgages
A federal consumer bureau claims Vanderbilt Mortgage, owned by Berkshire Hathaway, made loans to buyers of manufactured homes it knew could not repay them.
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 Says Unit of Warren Buffett's Berkshire Hathaway 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
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."
Berkshire unit is sued by US CFPB over risky home loans
The U.S. Consumer Financial Protection Bureau sued a unit of Warren Buffett's Berkshire Hathaway on Monday, accusing it of pushing borrowers into unaffordable loans to buy homes from Clayton Homes, Berkshire's manufactured housing business.
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,
Crain's Detroit13d
Rocket Homes sued by federal watchdog alleging kickbacks for broker referrals
A federal consumer watchdog agency alleges that an affiliate of Rocket Mortgage acted illegally by providing kickbacks for ...
nationalmortgageprofessional.com14d
CFPB Sues Rocket Homes, Real Estate Brokerage Over Kickback Scheme
The Consumer Financial Protection Bureau (CFPB) today said it has sued Rocket Homes, Jason Mitchell, and The Mitchell Group ...
ConsumerAffairs13d
Rocket Homes gave kickbacks to realtors for homeowner loans, CFPB alleges
Lender Rocket Homes gave kickbacks to real estate brokers and agents to get homebuyers to sign up for its loans, the Consumer ...
Feds sue Arizona real estate brokerage and Rocket Homes, alleging kickback scheme
The suit alleges The Jason Mitchell Group, headquartered in Scottsdale, encouraged its agents to steer homebuyers toward ...
US accuses Rocket Homes of illegal kickbacks in mortgage scheme
The top U.S. watchdog agency for consumer finance on Monday accused Rocket Homes, a unit of Rocket Companies, and The Jason ...
Business Insider13d
U.S. Consumer Regulator Sues Rocket Homes For Illegal Kickback Scheme
(RTTNews) - The U.S. Consumer Financial Protection Bureau or CFPB has filed a lawsuit against Rocket Homes Real Estate, LLC, affiliated to Rocket Companies, Inc., as well as the Jason Mitchell ...
Consumer protection agency closes the Biden era taking big swings
Three new lawsuits filed by the CFPB take aggressive actions that could potentially be reversed by President-elect Donald ...
Sierra Sun Times13d
Consumer Financial Protection Bureau (CFPB) Files Lawsuit to Stop Illegal Kickback Scheme to Steer Borrowers to Rocket Mortgage
The CFPB’s lawsuit against Rocket Homes, The Mitchell Group, and Jason Mitchell seeks a stop to alleged unlawful conduct, ...
Rocket company accused of providing kickbacks to brokers, agents
A federal watchdog agency says Rocket Homes provided incentives for brokers and agents to steer consumers toward Rocket Mortgage and away from competitors.
Court cracks down on California agency that denied Musk rocket launch expansion
A California court cracked down on the California Coastal Commission for its “prejudicial abuse of discretion” when denying homebuilding permits.