Joe Gormley has officially taken over as Executive Vice President and Chief Operating Officer of Ginnie Mae. His extensive background in housing and regulatory matters equips him well to enhance Ginnie Mae's mission amidst ongoing market challenges. His prior roles include significant positions in the FHA and HUD, showcasing a solid track record in the housing sector. Gormley expressed his commitment to working with the team to advance Ginnie Mae's objectives, especially in improving the mortgage-backed securities (MBS) program. Currently, Ginnie Mae lacks a permanent president as Gregory Keith serves as the acting leader.
I am very happy to see Joe Gormley take the helm at Ginnie Mae as Executive Vice President and Chief Operating Officer... His leadership will bring stability and strength to this segment of the housing market.
I am honored to join Ginnie Mae and contribute to its important mission... to strengthen and enhance the role of the MBS program in serving homeowners and renters across the country.
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