Biden Nominates HUD Advisor as Ginnie Mae President

September 13, 2021 Christina Hughes Babb

President Biden has nominated Alanna McCargo, Senior Advisor for Housing Finance in the U.S. Department of Housing and Urban Development (HUD), to be President of Ginnie Mae. It has been about four years since Ginnie Mae—which serves as the principal financing arm for government mortgage loans, ensuring that mortgage lenders have the necessary funds to provide ...

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