In 2003, Berkshire Hathaway, the investment conglomerate led by Warren Buffet, spent billions to purchased the mobile home industry's biggest manufacturer and lender.An investigation by The Center for Public Integrity and The Seattle Times found this new empire promises low-income Americans the dream of homeownership, but relies on predatory sales practices, exorbitant fees, and interest rates that can exceed 15 percent, trapping many buyers in loans they can’t afford and in homes that are almost impossible to sell or refinance.
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