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Berkshire Hathaway Sued Over Allegedly Predatory Lending Practices
The US Consumer Financial Protection Bureau sued Berkshire Hathaway's Clayton Homes unit, Vanderbilt Mortgage, on Monday for allegedly pushing borrowers into unaffordable loans, leading to defaults and repossessions; the CFPB seeks civil fines and restitution, citing a case where a family had $57.78...
Berkshire Hathaway Sued Over Allegedly Predatory Lending Practices
The US Consumer Financial Protection Bureau sued Berkshire Hathaway's Clayton Homes unit, Vanderbilt Mortgage, on Monday for allegedly pushing borrowers into unaffordable loans, leading to defaults and repossessions; the CFPB seeks civil fines and restitution, citing a case where a family had $57.78...
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