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Summers’ Fed nomination derailed by Syria

According to the Houston Chronicle, one commentator suggests that emerging issues from democratic senators and the complication of Syria attacks are creating roadblocks in the likelihood of Larry Summers becoming the next Federal Reserve chairman. From the paper:

My guess: If the Syria resolution gets approved, Obama will go for Summers. If it's defeated, Obama will punt where he can by picking an uncontroversial Fed nominee. The key question is whether that means Yellen or someone else who might not be as committed to accommodative monetary policy.

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loanDepot’s Frank Martell on building lifelong consumer relationships through technology 

In this week’s episode of the Power House podcast, HousingWire President Diego Sanchez sits down for a tantalizing conversation with Frank Martell, the president and CEO of loanDepot, to discuss the company’s profitability in the third quarter of 2024 and its Project North Star growth plan for 2025.

3d rendering of a row of luxury townhouses along a street

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