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Home»Business»Berkshire-owned lender sued by CFPB over ‘unaffordable’ loans
Business

Berkshire-owned lender sued by CFPB over ‘unaffordable’ loans

January 6, 2025No Comments1 Min Read
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Photo illustration Berkshire Hathaway logo

Consumer Financial Protection Bureau Vanderbilt Mortgage & Finance Inc. sued in the U.S. District Court for the Eastern District of Tennessee, alleging that the company’s lending process “ignored clear and obvious red signals that certain consumers were unable to repay loans on their terms,” ​​according to the complaint.

Photo illustration by Piotr Swat/SOPA Images/LightRocket via Getty Images



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