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28 G O V E R N M E N T GINNIE MAE ANNOUNCES TWO NEW EXECUTIVE APPOINTMENTS Ginnie Mae President Alanna McCargo has announced the appointment of Ginnie Mae's first Latino EVP, Sam Valverde and Felecia Rotellini as Senior Advisor and Chief of Staff to the President. "Sam and Felecia are great complements to our executive leadership team and will be integral to the organization as we advance our strategic roadmap and strengthen our service to the nation's diverse housing market," McCargo said. "I am thrilled to have their counsel and support as we work with all of our stakeholders to create broader and more equitable access to affordable homeownership and rental housing." Valverde was most recently Supervisory Attorney Advisor at the Federal Housing Finance Agency (FHFA) in the Division of Conservatorship Oversight and Readiness. In that role, Valverde led agencywide projects intended to support greater access to mortgage credit and affordable rental opportunities for working families. He coordinated efforts to develop a post-conservatorship regulatory framework for the government-sponsored enterprises. Prior to his service at FHFA, Valverde served as a Counselor for Domestic Finance at the U.S. Treasury Department, focusing on consumer and housing finance issues. Rotellini brings to Ginnie Mae a deep background in corporate governance, regulation, compliance, and enforcement. She has bank supervisory and financial services expertise, as well as consumer protection experience in the subprime credit markets. As a former leader in financial services compliance and supervision, her experience in building diverse coalitions will help advance the public and stakeholder engagement strategy for Ginnie Mae. Movers & Shakers Got something to share with us? Send it to Editor@DSNews.com. U.S. Senator Sherrod Brown, Chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, recently held a special Executive Session to vote on the nomination of Sandra ompson for Director of the Federal Housing Finance Agency (FHFA). e Committee advanced ompson by a vote of 13-11, and now awaits the full Senate to confirm her nomination. On June 23, 2021, the White House appointed ompson as Acting Director of the FHFA. Prior to being named Acting Director, ompson served as Deputy Director of the Division of Housing Mission and Goals (DHMG). Since March 2013, as the DHMG Deputy Director, ompson oversaw FHFA's housing and regulatory policy, capital policy, financial analysis, fair lending, and all mission activities for Fannie Mae, Freddie Mac, and the Federal Home Loan Banks. Prior to joining FHFA, ompson worked at the Federal Deposit Insurance Corporation (FDIC), for more than 23 years in a variety of leadership positions, most recently as Director, Division of Risk Management Supervision. During her time at FDIC, ompson led the Agency's examination and enforcement program for risk management and consumer protection at the height of the financial crisis. She also led the FDIC's outreach initiatives in response to a crisis of consumer confidence in the banking system. Her experiences range from supervision to consumer protection, risk management and consumer outreach activities. e FHFA is responsible for oversight of the $7.2 trillion-plus mortgage finance market. "MBA applauds the Senate Banking Committee for advancing the nomination of Sandra ompson to be Director of the Federal Housing Finance Agency," said Mortgage Bankers Association (MBA) President and CEO Bob Broeksmit, CMB. "ompson's experience, including as the Acting Director, and knowledge of real estate finance will serve her well as she continues to lead FHFA. We now call on the full Senate to confirm her nomination quickly." S P O T L I G H T P R O F I L E G O V E R N M E N T Senate Banking Committee Approves Nomination of Thompson as FHFA Director "Thompson's experience, including as the Acting Director, and knowledge of real estate finance will serve her well as she continues to lead FHFA. We now call on the full Senate to confirm her nomination quickly." —Bob Broeksmit, CMB, Mortgage Bankers Association President and CEO