Buffett Again Accused Of Predatory Lending – ValueWalk Premium
Buffett

Buffett Again Accused Of Predatory Lending

At the beginning of April, The Seattle Times ran the first of what was to become a series of articles on Clayton Homes, the United States' biggest homebuilder, which is controlled by Warren Buffett. The article contained some scathing accusations. It accused Clayton of predatory lending practices, trapping home buyers in high-interest loans and rapidly depreciating homes.

The Seattle Times' first article, "The mobile-home trap: How a Warren Buffett empire preys on . . .

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