Vanderbilt Mortgage & Finance, Inc.
On January 6, 2025, the Bureau filed a lawsuit against Vanderbilt Mortgage & Finance, Inc. Vanderbilt is a non-bank manufactured-home-financing company based in Maryville, Tennessee. The Bureau alleged that Vanderbilt violated the Truth in Lending Act and its implementing regulation, Regulation Z.
On February 27, 2025, the Bureau filed a notice voluntarily dismissing the action against the defendant with prejudice, and the case was closed on February 28, 2025.
RELATED DOCUMENTS
Plaintiff’s Notice of Dismissal
PRESS RELEASE
CFPB Sues Vanderbilt for Setting Borrowers Up to Fail in Manufactured Home Loans