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Mortgage Firms add Workers

The United States Bureau of Labor Statistics (BLS) reports mortgage companies added 2,700 full-time employees in March and another 2,800 in April, bringing employment in the mortgage and brokerage...

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Buffett Hedges his Bets

Benzinga reports Warren Buffett has changed his tune from a year ago when he noted most everything in the economy was improving except residential housing, for which he now sees a demand in the rental...

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Lending Industry Adds Employees

Friday’s jobs reports from the U.S. Bureau of Labor Statistics shows mortgage lenders have added a total of 18,400 employees since January, 2,800 (full-time) of them in August 2012, bringing the...

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Betting with Buffett

Further evidence that Warren Buffett’s Berkshire Hathaway is poised for the worst housing slump in 70 years to end, he has been buying real estate brokerages around the nation and is partnering with a...

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CFPB’s New LO Rule due Soon

Nonbank lenders are closely watching the progress of the loan officer compensation rule set to be released mid January, 2013 by the Consumer Financial Protection Bureau (CFPB) as it could have a large...

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