Mortgage exec Jim Newmeyer, who sold to Warren Buffett, dies at 68

Warren Buffett’s mortgage companies set up to cater to white clients. It’s a division of Berkshire Hathaway Inc., the giant holding company led by Warren Buffett, which has dramatically expanded its mortgage brokerage portfolio in recent years, reporting nearly 28,000 loans worth $7.3 billion last year.

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Warren Buffett’s mortgage companies cater to white clients: report. dies at 62 Software giant’s chief was on leave of absence for health issues, and no cause of death was disclosed.

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Mortgage exec Jim Newmeyer, who sold to Warren Buffett, dies at 68. As president at Embassy Financial Services, Esslinger-Wooten-Maxwell Realtors’ mortgage firm, he sold Embassy to the Warren Buffett-led conglomerate Berkshire Hathaway in 2003.

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