A federal consumer bureau claims Vanderbilt Mortgage, owned by Berkshire Hathaway, made loans to buyers of manufactured homes it knew could not repay them.

Vanderbilt Mortgage & Finance Inc. is accused of knowingly issuing “unaffordable” home mortgages.

The lawsuit claims Vanderbilt Mortgage manipulated lending standards when borrowers didn't make sufficient income. The company has denied any wrongdoing.

A Maryville-based mortgage lender that primarily provides mortgages for manufactured homes is being sued by the Consumer Financial Protection Bureau (CFPB) over allegations that the lender

In an effort to address one of the biggest contributors to personal debt across the country, the federal government finalized a new consumer protection rule to remove unpaid medical bills as a factor on someone's credit history.

The Consumer Financial Protection Bureau accused Tennessee-based Vanderbilt Mortgage & Finance of ignoring red flags in mortgage applications.

The settlement ends a lawsuit that was originally filed in December 2023 by the state of Tennessee under the Tennessee Consumer Protection Act. The suit alleged that BlackRock overstated the financial benefits of ESG-related strategies and didn’t adequately disclose its integration of ESG factors.

The Consumer Financial Protection Bureau, or CFPB, is a government agency that oversees the consumer finance industry, including banks, lenders and other financial institutions.

Vanderbilt relied on unrealistic expectations of what borrowers would need financially after making their mortgage payment, according to the complaint.

Tennessee Attorney General Jonathan Skrmetti announced a settlement with BlackRock (BLK), resolving allegations that the company misled

BlackRock, Inc. has settled a dispute with Tennessee over its ESG practices, which the state said misled consumers.

Tennessee Attorney General Jonathan Skrmetti announced Friday a landmark settlement with BlackRock, Inc., resolving allegations that the global investment firm misled consumers regarding the role of Environmental,