Joseph M. Gormley was confirmed by the United States Senate on December 18, 2025, to serve as Ginnie Mae's 19th President. Mr. Gormley previously served as Ginnie Mae’s Executive Vice President and Chief Operating Officer.
As President, Mr. Gormley will lead the agency's mission to connect the U.S. housing market with global capital markets, helping to provide low-cost financing for federal housing programs and make affordable housing more accessible to millions of Americans. He brings considerable experience in housing finance, policy, and regulation, and has consistently championed market-based solutions to expanding affordable homeownership and improving economic outcomes for families nationwide. His leadership at Ginnie Mae supports the agency's role in ensuring liquidity and stability in the secondary mortgage market. Prior to joining Ginnie Mae, he served in several senior positions at the U.S. Department of Housing and Urban Development (HUD), including Deputy Assistant Secretary for Single Family Housing at the Federal Housing Administration and Chief of Staff to the Deputy Secretary. In these roles, he led high-impact policy and operational initiatives that advanced housing access and institutional accountability. Before his tenure at HUD, Mr. Gormley served as Assistant Vice President and Regulatory Counsel at the Independent Community Bankers of America, where he focused on federal regulatory policy and compliance matters affecting community bankers. He also held positions at the Mortgage Bankers Association and the Financial Industry Regulatory Authority (FINRA), where he advised on housing finance and capital markets regulation. Mr. Gormley holds a Bachelor of Arts from Boston College and a Juris Doctor from the University of Pennsylvania Law School.
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