CfA Asks CFPB For Info About "Predatory Lending" Practices Of Berkshire Subsidiary Clayton Homes

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WASHINGTON, D.C. – Today, Campaign for Accountability filed a Freedom of Information Act Request with the Consumer Financial Protection Bureau (CFPB) to follow up on a Seattle Times/Center for Public Integrity investigation into predatory lending practices of Clayton Homes, one of the nation’s largest mobile home sellers.  Last year, in the wake of the expose, several members of Congress had requested that the CFPB investigate the matter and take action.  Now, Clayton is expanding into selling modifiable homes costing $250,000 or less. Clayton is owned by Berkshire Hathaway, which has been building the company into the mobile-home industry’s biggest manufacturer and…

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