Clayton Homes vs Buzzfeed, Part 3
Seattle Times' business' real estate's minorities exploited by Warren Buffett's mobile home empire -- Clayton Homes.
Mike Baker and Daniel Wagner write in The Seattle Times / BuzzFeed News.
Compared to peers, Vanderbilt charges minorities the most
Under federal rules, a lender making a "higher-priced" loan must disclose data about its interest rate. Among the 25 companies that originated at least 500 such mobile-home loans over the past five years, Clayton Homes' Vanderbilt Mortgage gave the highest rates to minority borrowers as compared to whites.