Archives For: Ginnie Mae
Senate Committee Advances Trump Nominees to Lead FHA, Ginnie Mae
The Senate Committee on Banking, Housing, and Urban Affairs voted to advance President Trump’s nominees to fill senior positions at FHA and Ginnie Mae.
19 Nov 2025
Trump Administration Nominates Ginnie Mae, FHA Leaders
The Trump Administration has nominated Joseph M. Gormley for President of Ginnie Mae and Frank Cassidy for FHA Commissioner.
5 Aug 2025
Ginnie Mae Welcomes Joseph M. Gormley as Executive Vice President and Chief Operating Officer
Ginnie Mae welcomes Joseph M. Gormley as its new Executive Vice President (EVP) and Chief Operating Officer (COO).
16 Apr 2025
Ginnie Mae Acting President Sam Valverde Announces Resignation
Sam Valverde, Acting President of Ginnie Mae, will step down, effective November 30, 2024.
15 Nov 2024
Sam Valverde in Seat as Acting President of Ginnie Mae
Effective May 6, Sam Velverde entered the role of Acting President of Ginnie Mae following the resignation of Alanna McCargo.
9 May 2024
Ginnie Mae President Alanna McCargo Announces Resignation
HUD announced that Alanna McCargo, President of Ginnie Mae, will resign on May 3. She has served in the Biden-Harris Administration since 2021.
19 Apr 2024
Ginnie Mae Launches New Environmental, Social and Governance Composite and Webpage
Ginnie Mae announced the addition of a new Environmental, Social and Governance webpage with a focus on how their strategy impacts MBS program offers to investors.
28 Jul 2023
Ginnie Mae Shares Further Details on the LIBOR Transition of LIBOR Classes of Ginnie Mae Multiclass Securities
Ginnie Mae will transition all outstanding LIBOR Classes of Ginnie Mae Multiclass Securities after June 30, 2023.
1 May 2023
Ginnie Mae’s Nonbank Servicing Share is Inching Up in ‘22
Ginnie Mae’s nonbank servicing share has increased this year based on a new evaluation of information from multi-issuer mortgage-backed securities swimming pool.
23 Aug 2022
Ginnie Mae, FHFA Releases Updated Seller/Servicer Requirements
Ginnie Mae and FHFA have issued new capital eligibility requirements for seller/servicers and issuers.
18 Aug 2022