Manufactured homes can be a cheaper option but may lose value over time, unlike a traditional home that gains equity.

Cases involving accusations of redlining, kickbacks, underpaid employees and more swept across the mortgage industry in ...

The Consumer Financial Protection Bureau released a proposed version of the consent order on Jan. 17 and the company involved said it was finalized that day.

On January 7, 2025, the Consumer Financial Protection Bureau (“CFPB”) published a final Rule (the “Rule”) that prohibits ...

With stylish features and floor plans, many of today’s manufactured homes break the old “mobile home” stereotype — without breaking the bank.On average, new manufactured homes cost about a third ...

The CFPB is suing Vanderbilt Mortgage for alleged predatory lending and failing to verify borrowers’ ability to repay loans.

Vanderbilt Mortgage and Finance, a unit of Clayton, allegedly ignored "clear and obvious red flags" that borrowers could not afford their loans, and failed to properly assess borrowers' ability to pay ...

The CFPB examined tens of thousands of Vanderbilt Mortgage loans and identified less than 0.8 percent, over a six-year period, that allegedly should not have been made. Many of those loans have ...

According to the CFPB, Vanderbilt Mortgage & Finance, a subsidiary of Clayton Homes, violated the Truth in Lending Act and Regulation Z by approving loans without properly verifying a borrowers ...

The lawsuit against Experian follows one filed by the CFPB against Vanderbilt Mortgage & Finance, part of Warren Buffett’s conglomerate Berkshire Hathaway. Vanderbilt is accused of manipulating ...

The Consumer Financial Protection Bureau has filed a lawsuit in the Eastern District of Tennessee against Vanderbilt Mortgage and Finance, a mortgage finance firm owned by Warren Buffett’s ...