Skip to main content

Nancy Corsiglia Named EVP and COO of Ginnie Mae

NationalMortgageProfessional.com
Jul 11, 2016
Ginnie Mae has announced that issuance of its mortgage back securities (MBS) totaled $44.13 billion in August, an increase from July’s issuance of $41.95 billion

Ginnie Mae has named Nancy Corsiglia as Executive Vice President and Chief Operating Officer, reporting to President Ted Tozer. Corsiglia will administer Ginnie Mae’s $1.7 trillion Mortgage-Backed Securities (MBS) and Real Estate Mortgage Investment Conduit (REMIC) programs. She will also be responsible for managing Ginnie Mae’s daily operations, including all MBS operations, counterparty relationships, contracting, budget and legislative initiatives, and overall risk management. 

Additionally, Corsiglia will maintain liaisons with key officials and executives of housing and securities industries, the investment community, members of Congress, and other departments and agencies of the federal government. Corsiglia replaces Mary Kinney, who retired in February 2016.

“We are thrilled to have someone with Nancy’s extensive secondary mortgage market knowledge join the team at Ginnie Mae,” said President Ted Tozer. “She has demonstrated extraordinary leadership throughout her career and has a proven track record. Nancy will play an important role in moving Ginnie Mae forward as the industry continues its transformation following the housing crisis.”

Corsiglia brings more than 25 years of financial services and mortgage industry experience to her role at Ginnie Mae. Prior to joining Ginnie Mae, she was a managing director at the Devonshire Advisory Group. She has also served in a variety of positions at Farmer Mac, including executive vice president, chief financial officer and vice president of business development. Corsiglia has an MBA degree from the Tuck School of Business at Dartmouth and an AB degree in Economics from Smith College.

“This is one of the most unique and exciting positions in the housing finance industry,” Corsiglia said. “I look forward to the opportunity to work with Ginnie Mae staff as they continue to innovate and evolve during one of the most challenging eras in the history of housing finance."

Published
Jul 11, 2016
Anchor Loans Hires Andrew Jewett As SVP, Enterprise Sales

Formerly lead lending at Sundae Inc.

Industry News
Aug 02, 2021
Pretium Adds 3 Execs With Residential Credit Expertise

New Hires Will Serve As Managing Directors

Industry News
Aug 02, 2021
loanDepot And mellohome Introduce Home Services Bundle

loanDepot, Inc. and its sister company mellohome are launching a proprietary bundle of home buying and selling services.

Industry News
Jul 30, 2021
Gateway Mortgage Surpasses 165 Mortgage Centers With 10 New Additions

Gateway Mortgage reported significant growth in the company, prompting it to open 10 new locations across Colorado, Idaho, Oklahoma, Texas, Oregon, and Wyoming.

Industry News
Jul 30, 2021
FHFA Requires 30-Day Notice Prior To Eviction

Wednesday, the Federal Housing Finance Agency (FHFA) announced that tenants of multi-family properties must be given 30 days notice to vacate before the tenant is required to leave the premise.

Industry News
Jul 29, 2021
Houston-Based Stewart Acquires Title First Agency

Ohio-Based Agency Has 20 Offices And Operates in 32 States

Industry News
Jul 28, 2021