Berkshire-owned lender sued by CFPB over ‘unaffordable' loans [Fortune]
Berkshire Hathaway Inc. New (BRK.B)
Last berkshire hathaway inc. new earnings: 11/2 07:00 am
Check Earnings Report
US:NYSE Investor Relations:
berkshirehathaway.com
Company Research
Source: Fortune
The Consumer Financial Protection Bureau sued Vanderbilt Mortgage & Finance Inc. in US District Court for the Eastern District of Tennessee, claiming the firm's lending process “ignored clear and obvious red flags that certain consumers would not be able to repay their loans according to their terms,” according to the complaint “Vanderbilt knowingly traps people in risky loans in order to close the deal on selling a manufactured home,” CFPB Director Rohit Chopra said in a statement . “The CFPB's lawsuit seeks to not only protect homebuyers, but also honest lenders helping people to finance the purchase of an affordable home.” Representatives for Berkshire Hathaway, based in Omaha, Nebraska, and Maryville, Tennessee-based Vanderbilt didn't immediately respond to requests for comment on the lawsuit. Vanderbilt is a unit of Clayton Homes Inc., a builder of single-family homes founded in 1956 in Tennessee. Berkshire acquired Clayton in 2003. Vanderbilt relied on unrealistic expec
Show less
Read more
Impact Snapshot
Event Time:
BRK.B
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BRK.B alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BRK.B alerts
High impacting Berkshire Hathaway Inc. New news events
Weekly update
A roundup of the hottest topics
BRK.B
News
- Berkshire shareholder seeks committee to oversee AI at Buffett's company [Yahoo! Finance Canada]Yahoo! Finance Canada
- Mommy blogger Ruby Franke asked daughter for one thing before arrest: memoir [FOX News]FOX News
- The late Charlie Munger made a contrarian bet at 99, doubling his money — and clashed with Elon Musk over taking risks [Business Insider]Business Insider
- Warren Buffett's Warning to Wall Street Reached Deafening Proportions in 2024. Here's What to Do as 2025 Gets Started. [Yahoo! Finance]Yahoo! Finance
- The Best Warren Buffett Stocks to Buy With $1,000 Right Now [Yahoo! Finance]Yahoo! Finance
BRK.B
Earnings
- 11/4/24 - Beat
BRK.B
Sec Filings
- 1/3/25 - Form 4
- 12/27/24 - Form 4
- 12/26/24 - Form 144
- BRK.B's page on the SEC website