Clayton brands now dominate minority lending

Clayton Homes’ market share among minorities who take out mobile-home loans has grown dramatically over the past decade. Last year, among the thousands of lenders required to report federal data, 72 percent of black borrowers got their loans from Clayton’s Vanderbilt Mortgage and 21st Mortgage.

80%

72%

70

Black

60

56%

53%

50

Hispanic

or Latino

Native

American

40

30

31%

20

White*

10

0

’04

’05

’06

’07

’08

’09

’10

’11

’12

’13

’14

*Excludes white borrowers who also identify as Hispanic or Latino

Source: Analysis of FFIEC data GARLAND POTTS / THE SEATTLE TIMES