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

Burdened by low approval on the economy, President Obama brought former president Bill Clinton and investor Warren. back on track," they wrote. Clinton, whose foundation is working on clean energy.

Clayton Homes, owned by Warren Buffett’s Berkshire Hathaway. housed in a Clayton-built manufactured home. Guided into costly loans Soon after Buffett bought Clayton Homes, he declared a new dawn.

Warren Buffett holds a Dairy Queen gold gift card, Monday May 20, 2013 in. Those borrowers are led to believe that only Vanderbilt can finance their mobile home purchases.. tales back in April, stories of high-cost lending that traps borrowers.. But Buffett's home lending business isn't the only red flag.

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You could get a personal loan to purchase or refinance a manufactured home. Approval times are fast and you might have an easier time getting approved for a personal loan rather than a mortgage.

According to a joint investigation by The Center for Public Integrity and The Seattle Times, Warren Buffett’s. and financier of manufactured homes, which is owned by Berkshire Hathaway. Clayton.

We know a lot about what Warren Buffett thinks about investments. In this same respect, one important insight Buffett learned from Clayton Homes — a Berkshire Hathaway firm that builds.

KEYWORDS berkshire hathaway clayton homes Manufactured homes Warren Buffett. Every year billionaire investor Warren Buffett releases an annual letter to berkshire hathaway shareholders, unraveling the inner workings of his conglomerate’s performance, including its stake in the housing affordability crisis.

Buffett on Berkshire's cash cushion 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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Warren Buffett unapologetically. "It’s true that manufactured housing hits the lower end of the market," he said, adding that Clayton actually helps borrowers by providing reasonable loan terms. He.