Bear Stearns suffers $854m lossBBC News, UK -5 minutes agoSub-prime lenders focus on people with poor or non-existent credit histories. Higher interest rates in the US saw an increase in the number of mortgage... Loan officers at a bank or a credit union are employees working to sell and process mortgages and loans for mortgage customers or home buyers like you. Their loan types and mortgage products have several varieties but they all come from one specific originator, their employers.
