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Warren Buffett’s Berkshire Hathaway Subsidiary Sued Over Unaffordable Loans, 2008-Style Predatory Loan Approval Tactics

The Consumer Financial Protection Bureau filed a lawsuit against Vanderbilt Mortgage & Finance on Monday, alleging the Warren Buffett’s Berkshire Hathaway Inc. subsidiary systematically approved unaffordable manufactured home loans that set borrowers up for failure.

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