US Government Sues Warren Buffett’s Berkshire-Owned Lending Company For Predatory Mortgages
A mortgage lender owned by Warren Buffet’s holding company, Berkshire Hathaway, has been sued by the Consumer Financial Protection Bureau (CFPB), alleging that the business pushed people into taking unaffordable loans. The Jan. 6 lawsuit was filed against Tennessee-based Vanderbilt Mortgage and Finance in the U.S. District Court for the Eastern District of Tennessee. The …