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CFPB

Vanderbilt Mortgage & Finance, Inc.

January 6, 2025

Summary

On January 6, 2025, the CFPB filed suit against Vanderbilt Mortgage & Finance, Inc., a non-bank manufactured-home lender, alleging violations of the Truth in Lending Act and Regulation Z in connection with manufactured-home mortgage originations. The CFPB voluntarily dismissed the action with prejudice on February 27, 2025, and the case was closed on February 28, 2025, with no order, penalty, or admission of liability.

AI-generated summary · Oct 23, 2026. Verify with your compliance counsel before acting.

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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

Complaint

Plaintiff’s Notice of Dismissal

PRESS RELEASE

CFPB Sues Vanderbilt for Setting Borrowers Up to Fail in Manufactured Home Loans


Page last modified Mar. 10, 2026 @ 10:55 AM EDT

Action Details

Forum

  • Civil Action

Court

U.S. District Court for the Eastern District of Tennessee

Docket number

3:25-cv-00004

Initial filing date

JAN 06, 2025

Status

Expired/Terminated/Dismissed
See status definitions

Products

  • • Mortgage Origination

Source: https://www.consumerfinance.gov/enforcement/actions/vanderbilt-mortgage-finance-inc/

Common questions

What does "Vanderbilt Mortgage & Finance, Inc." cover?
On January 6, 2025, the CFPB filed suit against Vanderbilt Mortgage & Finance, Inc., a non-bank manufactured-home lender, alleging violations of the Truth…
Which agency issued this update?
This update was issued by CFPB.
When was it published?
It was published on January 6, 2025.

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Vanderbilt Mortgage & Finance, Inc. — Reglith