Joe Gormley addresses pesky rumors about Ginnie Mae
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.
HMBS 2.0 rollout could be hobbled by reported Ginnie Mae staff cuts
Ginnie Mae is enhancing liquidity in the reverse mortgage sector with its HMBS 2.0 program, but staffing cuts pose a potential challenge to its implementation.
HMBS 2.0 rollout could be hobbled by reported Ginnie Mae staff cuts
Ginnie Mae is enhancing liquidity in the reverse mortgage sector with its HMBS 2.0 program, but staffing cuts pose a potential challenge to its implementation.
Federal hiring freeze could impact the rollout of HMBS 2.0
Tozer explained that the biggest challenge facing Ginnie Mae's complementary securities program is staffing, as critical retirements have occurred without adequate replacements.
Former Trump nominee Michael Bright on Senate confirmations
Michael Bright emphasizes the unpredictability of the Senate confirmation process for positions like Ginnie Mae's presidency, citing the absence of a HUD secretary and an incomplete Presidential Personnel Office.