Berkshire Hathaway's Lending Arm Faces CFPB Lawsuit Over Alleged Unaffordable Loan Practices

In a significant legal move, the Consumer Financial Protection Bureau (CFPB) has initiated a lawsuit against a lending company owned by Berkshire Hathaway, alleging that the institution engaged in predatory lending practices by offering consumers unaffordable loans. This action underscores ongoing scrutiny of lending institutions and their financial practices, particularly in the wake of recent market volatility.

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