KTEP - El Paso, Texas

Banks Rush To Hire To Meet Home Loan Demands

Nov 20, 2012
Originally published on November 20, 2012 5:25 am
Copyright 2017 NPR. To see more, visit http://www.npr.org/.


NPR's business news begins with mortgage hiring.


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 NPR.