The dispute over HECM-backed Securities (HMBS) tails did not override Ginnie Mae’s authority over mortgages, a ruling expressed by Judge Matthew Kacsmaryk on April.
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.
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.