C.F.P.B Sues Unit of Warren Buffett’s Berkshire Hathaway Over Risky Mortgages
A federal regulator sued a mortgage finance firm owned by Warren Buffett’s Berkshire Hathaway conglomerate on Monday, claiming it made loans to buyers of manufactured homes that it knew they could not afford. The civil suit, filed in federal court in the Eastern District of Tennessee by the Consumer Financial Protection Bureau, said Vanderbilt Mortgage…