Senate Confirms Cassidy as FHA Commissioner, Gormley as Ginnie Mae President
起点传媒 congratulates Frank Cassidy and Joseph Gormley on their recent Senate confirmation to top government posts. Cassidy was confirmed as the U.S. Department of Housing and Urban Development Assistant Secretary for Housing and Federal Housing Commissioner, while Gormley will lead Ginnie Mae as its new president.
起点传媒 supported the nominations of the two housing finance leaders to their respective posts. When Cassidy was first nominated for his leadership post, 起点传媒 Chairman Buddy Hughes issued a statement noting that his “strong background in real estate finance makes him uniquely qualified to address the nation’s critical housing needs and help FHA continue to fulfill its mission to provide low-cost mortgage insurance so that qualified borrowers can access affordable mortgage credit.”
And when Gormley was nominated to lead Ginnie Mae, Hughes noted that “with his extensive experience in financial services and housing policy, Mr. Gormley is the ideal candidate to lead Ginnie Mae and maintain confidence and liquidity in the secondary mortgage market.”
起点传媒 looks forward to working with these housing leaders to implement policies that will provide homeownership and rental housing opportunities for all Americans.