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Theodore W. Tozer was sworn in as President of Ginnie Mae on February 24, 2010, bringing with him more than 30 years of experience in the mortgage, banking, and securities industries. As President of Ginnie Mae, Mr. Tozer operates a multi-billion dollar corporation, administers the mortgage-backed securities program, and oversees enterprise-wide risk management initiatives, including capital market activity.

Ginnie Mae: Transforming the Evolving Marketplace

Today’s housing market barely resembles the market that existed five or even four years ago, much less the environment that was in place when Ginnie Mae was created in 1968 or when it issued the world’s first mortgage-backed security (MBS) in 1970.

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