Ginnie Mae Head Steps Down To Move Into The Private Sector

October 11, 2019

Maren Kasper is stepping down as the head of Ginnie Mae and is looking to pursue an opportunity in the private sector according to recent reports.


Kasper replaced Michael Bright, who, stepped down from being the interim head of Ginnie Mae for 18 months.


"The Department of Housing and Urban Development announced Thursday that Kasper is stepping down from her roles as acting president, executive vice president and chief operating officer of Ginnie Mae to pursue an unnamed opportunity in the private sector," according to HousingWire.


"It’s been an honor and a privilege to serve you and this Administration since joining the Department on January 20, 2017," said Kasper in a letter to HUD Secretary Ben Carson.


"I am proud of all that we have accomplished over the last three years. Our efforts under the Ginnie Mae 2020 strategic plan have protected taxpayers, continued to evolve the Ginnie Mae platform for the future, and improved the performance of the Ginnie Mae security, all to the benefit of American homeowners."


To learn more about Kasper's time with Ginnie Mae and her exit from the organization, click on the image above


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