The Senate Banking Committee has rescheduled a confirmation hearing for Brian D. Montgomery for May 25.President Bush has nominated Mr. Montgomery to be the new Federal Housing Administration commissioner. The committee will also consider the confirmation of Federal Reserve Board governor Ben Bernanke to be a member of the president's Council of Economic Advisers. A previously scheduled hearing was postponed after a Senate dispute over the filibuster of the president's appellate court nominees prevented the committee from meeting. A decisive vote in that dispute is expected on May 24. Mr. Montgomery currently works in the White House as a deputy assistant to the president.
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The San Diego company was back in the black with a net income of $28.5 million in the first quarter of 2024, up from a net loss of $93 million the previous quarter.
May 9 -
The agreements at the heart of the hearing did not cover the one reached with the National Association of Realtors or those people that only bought homes.
May 9 -
Feds say Chicago businessman Mark Steven Diamond defrauded at least 80 victims and caused at least $6 million in losses.
May 9 -
Fannie Mae's tool, used by originators to determine income levels for self-employed borrowers, aims to help them avoid potential underwriting errors, the government-sponsored enterprise said.
May 9 -
The 30-year fixed rate mortgage fell for the first time in six weeks as the Federal Open Market Committee meeting outcome is finally priced in.
May 9