Vote was 74 to 23

The long-standing nomination of Brian Montgomery, President Donald Trump's pick to lead the Federal Housing Administration, is finally over.

Montgomery was confirmed as FHA commissioner on Wednesday by a vote in the Senate of 74 to 23.

Yesterday, while speaking at the Mortgage Bankers Association's Commercial/Multifamily Servicing and Technology Conference, a senior advisor for the Department of Housing and Urban Development's Multifamily Housing Programs Robert Iber said he was told that a full Senate vote on Montgomery's nomination is expected this week. Well, now that's here.

The vote came six months after the Senate Banking, Housing, and Urban Affairs Committee approved Montgomery's nomination to lead the FHA. This will be Montgomery's second time to serve as FHA commissioner. He previously held the job under former President George W. Bush, staying on for six months after former President Barack Obama's inauguration.

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Courtesy of HousingWire