While president-elect Donald Trump is still making selections for who will fill out his cabinet and other important leadership positions across the government, one outstanding question mark revolves around Ginnie Mae.
The government-owned company that oversees the mortgage-backed securities (MBS) program and its sizable portfolio did not have a Senate-confirmed president for the entirety of the first Trump term. But Michael Bright was nominated in 2018 while he was serving as the company’s acting president.
A protracted confirmation process ultimately details ⇒
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