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

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

What Happens After warren buffett leaves berkshire Hathaway? Buffett won’t be at the helm of Berkshire Hathaway forever, so here’s what you need to know. Matthew Frankel, CFP

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Buffett has served as an inspiration, a calming voice and a leader by example throughout his career. Buffett has served as an inspiration, a calming voice and a leader by example throughout his.

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Warren Buffett (Trades, Portfolio) is not a young man, it is likely that at some point within the next decade he will be forced to step down as Berkshire’s leader. What happens to Berkshire after Buffett leaves the business is difficult to predict.

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Considering that the "adverse case" scenario was not exactly adverse, (If I could lock in an economic scenario that had unemployment peaking at a little over 10% and economic growth positive in 2010 I’d call you done in a New York minute) a 68% "pass rate doesn’t sound so good.

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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.

The stock price will drop as investors realize what his death means, but whether this will happen quickly or slowly is something I don’t know. Certainly the company will not perform nearly as well as it has done under Buffet, but its massive inert.

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