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US Consumer Financial Protection Bureau Drops Lawsuit Against Berkshire Hathaway Unit Vanderbilt Mortgage
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US Consumer Financial Protection Bureau Drops Lawsuit Against Berkshire Hathaway Unit Vanderbilt Mortgage
Feb 28, 2025 5:48 AM

08:17 AM EST, 02/28/2025 (MT Newswires) -- The US Consumer Financial Protection Bureau has dropped a lawsuit against Berkshire Hathaway ( BRK/A ) (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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