Ginnie Mae's acting head, Gormley, reassured that the agency's staffing levels are adequate, with over 200 employees capable of meeting operational commitments. Although there were senior-level retirements, new hiring efforts are underway. Gormley expressed enthusiasm for technological advancements provided by the U.S. DOGE Service, especially in using AI to enhance operations. He noted a stable demand for Ginnie Mae securities in the market and revealed plans to shift to daily processing files, reflecting responsiveness to cyberattack concerns and efforts to incorporate more private capital.
We had some senior-level retirements over the last six months, but we've gotten permission to move forward with some senior-level hires. I'm hoping to get some really good people in.
There's been a lot of things in the news reports about DOGE. We're very excited about some of the technological resources to just bring into bear... this is really at the beginning stages of that.
Collection
[
|
...
]