Reported about 6 hours ago
The U.S. Consumer Financial Protection Bureau (CFPB) has dismissed its lawsuit against Vanderbilt Mortgage, a subsidiary of Berkshire Hathaway, which was accused of placing borrowers in unaffordable home loans. This dismissal is part of a wider reduction in CFPB enforcement actions, influenced by changes in administration. The agency also dismissed other lawsuits, including one against Capital One, marking a significant shift in regulatory focus.
Source: YAHOO