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4.42742346091289E-05 0 0 0 4.13964093596261E-05 4.42742346091289E-05 0.000331835388395728 0.000332056759568719
Stock impact report

CFPB Sues Berkshire-Owned Lender Over ‘Unaffordable' Loans [Yahoo! Finance]

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: Yahoo! Finance
mortgages by ignoring the insufficient income or assets of some borrowers, a top financial regulator alleged in a lawsuit Monday. Most Read from Bloomberg NYC's Subway Violence Deters Drive to Bring Workers Back to Office Is This Weird Dome the Future of Watching Sports? Don't Shrink the Bus Can American Drivers Learn to Love Roundabouts? NYC Congestion Pricing to Take Effect After Years of Delays 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 peo Show less Read more
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