How About That!
As reported by Editor Paul Muolo of National Mortgage News yesterday: “Warren Buffett wants to enter the residential mortgage banking business. The details are far from clear, but apparently Mr. Buffett’s firm, Berkshire Hathaway Holdings, has been poking around the industry’s ashes for several months. Representatives of Berkshire have been looking at not only “whole” companies but some of the larger servicing offerings out there. Keep in mind that in years past Berkshire has been a large investor in Wells Fargo & Co., as well as Fannie Mae and Freddie Mac. (The company dumped its GSE holdings many moons ago.) Also, Mr. Buffett, at one time, personally owned shares in Countrywide Financial Corp.”
I promptly e-mailed and asked him to send me a check! 
