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The Senate Banking Committee approved the nominations of Janet Yellen, Peter Diamond and Sarah Bloom Raskin to be members of the Federal Reserve Board.

M.E. Mike Wileman, president and CEO of Orion Financial Group, Southlake, Texas, which specializes in real estate-owned property document retrieval, assignments and other assistance for servicers who manage their own portfolios presents, brought to the Second Annual SourceMedia Loss Mitigation Conference in Dallas on July 21-22 one of the perks offered to attendees, an iPad.

Mortgage Banking Solutions of Texas is launching a new service to help residential lenders fight loan buyback requests.

Mesirow Financial Holdings Inc. of Chicago has hired Stephen Jacobson to build and lead its credit tenant lease team.

JPMorgan Chase said former Florida senator and Housing and Urban Development secretary Mel Martinez will become chairman of its operations in Florida, Latin America and the Caribbean as the megabank continues efforts to expand and grow in international markets.

The former president and chief operating officer of Fidelity National Financial, Patrick Stone, has returned to an active role in the title insurance business and is looking to turn WFG National Title Insurance Co., Lake Oswego, Ore., into a national player.

PMI Mortgage Insurance Co., the nation's second largest MI in terms of policies-in-force, said it is expanding its sales staff nationwide, adding executives to four key regions in response to improving market conditions.

Comptroller of the Currency John Dugan said he will step down August 14 after nearly completing his five-year term as the top supervisor of national banks.

Total Mortgage Services LLC is expanding its reverse mortgage division and has hired an executive to head it that has held positions at three companies in the residential real estate finance business.

American Bankers Association president and chief executive Edward Yingling is retiring at the end of this year, according to the trade group.