Most Active Stories
- CFCC's Humanities and Fine Arts Center Partnering with DPAC, Carolina Theatre, and Local Arts Venues
- Wilmington Family YMCA Changes Background Check Policy for Volunteers After Gallagher's Arrest
- NC Legislature Considers Foster Care Family Act
- BOEM says Shrinking Buffer Zone for Offshore Oil and Gas Not Possible
- Soup to Nuts Live!: Rebekah Todd
Tue November 20, 2012
Banks Rush To Hire To Meet Home Loan Demands
LINDA WERTHEIMER, HOST:
NPR's business news begins with mortgage hiring.
(SOUNDBITE OF MUSIC)
WERTHEIMER: Banks are rushing to add employees to meet the demand for home loans. Low interest rates have sparked a record wave of mortgage activity, and the need for more people to process the paperwork. Mortgage employment rose by 9 percent this year, to its highest level since the financial crisis in 2008. Transcript provided by NPR, Copyright National Public Radio.