US Consumer Financial Protection Bureau Drops Lawsuit Against Berkshire Hathaway Unit Vanderbilt Mortgage

MT Newswires Live
02-28

The US Consumer Financial Protection Bureau has dropped a lawsuit against Berkshire Hathaway (BRK.A, BRK.B) subsidiary Vanderbilt Mortgage & Finance.

The agency in January had accused the housing lender of allowing people to take on loans for manufactured homes that they could not afford to repay.

According to a legal filing, the agency issued a notice of voluntary dismissal for the lawsuit on Thursday.

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