C.F.P.B Sues Unit of Warren Buffett’s Berkshire Hathaway Over Risky Mortgages
Posted inBanking and Financial Institutions Berkshire Hathaway Inc Buffett, Warren E Chopra, Rohit Clayton Homes Consumer Financial Protection Bureau Credit and Debt Mobile Homes and Trailers Mortgages Real Estate and Housing (Residential) Suits and Litigation (Civil) Vanderbilt Mortgage and Finance

C.F.P.B Sues Unit of Warren Buffett’s Berkshire Hathaway Over Risky Mortgages

A federal consumer bureau claims Vanderbilt Mortgage, owned by Berkshire Hathaway, made loans to buyers of manufactured homes it knew could not repay them.
How Fed Rates Influence Mortgages, Credit Cards, Savings and More
Posted inAutomobile Financing Banking and Financial Institutions Certificates of Deposit Credit and Debt Credit Cards Home Equity Loans Interest Rates Money Market Accounts Mortgages Personal Finances Real Estate and Housing (Residential) Student Loans United States Economy

How Fed Rates Influence Mortgages, Credit Cards, Savings and More

Here’s how the central bank’s interest rate moves influence car loans, credit cards, mortgages, savings and student loans.
Fannie and Freddie, the Big Mortgage Backers, Face Climate Risks
Posted inDisasters and Emergencies Federal Home Loan Mortgage Corp (Freddie Mac) Federal Housing Finance Agency Federal National Mortgage Assn (Fannie Mae) Floods Global Warming Hurricanes and Tropical Storms Mortgages Prices (Fares, Fees and Rates) Real Estate and Housing (Residential) Regulation and Deregulation of Industry United States Politics and Government

Fannie and Freddie, the Big Mortgage Backers, Face Climate Risks

Fannie Mae and Freddie Mac know increasing floods and wildfires are a problem. Dealing with them, however, would require trade-offs.