For the second time in the past six months, a unit of Berkshire Hathaway is making an acquisition that includes a home-lending operation.
In September 2017, Berkshire-affiliate HomeServices of America Inc. announced that it acquired The Long & Foster Companies Inc.
One of the divisions of Chantilly, Virginia-based Long & Foster is Prosperity Home Mortgage LLC, a $3 billion a year originator.
Source: Mortgage Daily