Lender with ties to Warren Buffett backs a loan for manufactured homes

Quicken founder and Warren Buffett have ties beyond Yahoo deal. Berkshire owns a company called Vanderbilt Mortgage and Finance Inc, which buys mortgages for traditional houses exclusively from Quicken, Buffett said in an interview. Vanderbilt’s primary business is funding mortgages for Clayton Homes, the largest U.S. maker of mobile and manufactured homes, which is also owned by Berkshire.

Warren Buffett Defends Clayton Homes Lender with ties to Warren Buffett backs a loan for manufactured homes Silverton Mortgage, an affiliate of Warren Buffett’s Berkshire Hathaway, has joined a small but growing group of lenders in offering a newer form of.

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Lender with ties to Warren Buffett backs a loan for manufactured homes Silverton Mortgage, an affiliate of Warren Buffett’s Berkshire Hathaway, has joined a small but growing group of lenders in offering a newer form of government-sponsored enterprise financing for manufactured homes.

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Michael Brush, contributor to MSN Money, wonders why the Oracle of Omaha is investing in, of all things, manufactured homes-and he names some potential winners. Few would call Warren Buffett unwise.

Lender with ties to Warren Buffett backs a loan for manufactured homes Silverton Mortgage, an affiliate of Warren Buffett’s Berkshire Hathaway, has joined a small but growing group of lenders in offering a newer form of government-sponsored enterprise financing for manufactured homes.

– Billionaire philanthropist Warren Buffett controls a mobile-home empire that promises low-income borrowers affordable houses. But all too often, it traps those owners in high-interest loans and. Where Can I Get A List Of Foreclosed Homes. Mobile Home Loans – WITH LAND – Manufactured Home Land Loans – Land/Home Loans. Manufactured home.

– Though the difficulty of getting a personal or home loan under $50,000 is a. Since most lenders compare today’s manufactured homes with. Warren Buffett’s Exploitative Mobile Home Investment – Warren Buffett’s company clayton homes, the biggest mobile home manufacturer in the U.S., has continued to profit from high interest rate loans.

BOSTON (MarketWatch) — Warren Buffett’s ruminations on the. The debacle "should have served as a canary-in-the-coal-mine warning for the far-larger conventional housing market," he said..

Mr Trump accused Mrs Clinton of not electing to change the tax code during her 30 years of public office because it did not suit her interests or the interests of billionaire friends of hers, such as.