Michael R. Bright Nominated as Ginnie Mae President – NMP
Regulation and Compliance

Michael R. Bright Nominated as Ginnie Mae President

May 16, 2018
Ginnie Mae announced that issuance of its mortgage-backed securities (MBS) totaled $63.44 billion in May

President Trump has nominated Michael R. Bright to become the next President of the Government National Mortgage Association, also known as Ginnie Mae.
President Trump has nominated Michael R. Bright to become the next President of the Government National Mortgage Association, also known as Ginnie Mae
 
Bright has served as Ginnie Mae’s Executive Vice President and Chief Operating Officer since July 2017. If confirmed, he will replace Ted Tozer, who served for nearly seven years before resigning in January 2017.
 
Prior to joining Ginnie Mae, Bright was Director of Financial Markets at the Milken Institute and Senior Vice President of BlackRock/PennyMac. Before that, Bright served in the federal government as Senior Financial Policy Advisor for Sen. Bob Corker (R-TN) was the principal staff author of S.1217, the "Corker-Warner" GSE reform bill that passed the Senate Banking Committee the following year.
 
From 2009 to 2010, he was as a Mortgage Data Analyst in Large Bank Supervision at the Office of the Comptroller of the Currency (OCC).
 
About the author
Phil Hall
Link copied
Published
May 16, 2018
Get the NMP Daily
Tech
Originators Rank Marketing As Their Biggest Tech Bottleneck

Four OriginatorTech demonstrations showed how vendors are applying AI and automation to content, database outreach, and loan operations

Mortgage technology companies spend plenty of time talking about faster files and smoother closings. But originators attending National Mortgage Professional’s latest OriginatorTech Demo Day pointed to a more immediate problem: marketing.Content creation and marketing topped...

Continue reading
Non-QM
GenWay Brings AI Automation To Non-QM Underwriting

The wholesale and correspondent lender plans to move six underwriting automation products into production within three months

GenWay Home Mortgage has deployed Tavant’s TOUCHLESS mortgage automation platform across its Non-QM and government-lending businesses, extending the industry’s push to automate underwriting beyond conventional agency loans.The national wholesale and correspondent lender is u...

Continue reading
Renew your NMLS License — for free.

Enjoy access to a free NMLS renewal class when you attend an in-person event.

Find an event
More from
Regulation and Compliance
The Risk Your Credit Score Can't See

Place-based market risk can produce dramatically different default outcomes among borrowers with nearly identical credit profiles

Opinion
Sep 17, 2026
Trump Taps FHA Insider Matt Jones To Lead Agency

The former MBA policy executive would oversee FHA underwriting, servicing, and credit-score changes that directly affect lenders and borrowers

Regulation and Compliance
Sep 16, 2026
Regulators Propose Risk-Based Vendor Oversight For Community Lenders

Plan could ease reviews of lower-risk mortgage technology while preserving lender responsibility for vendor failures

Regulation and Compliance
Sep 14, 2026
FHA Sets Jan. 1 Start For FICO 10T And VantageScore 4.0

Lenders will gain competing modern scoring options, but borrowers may not see both offered everywhere

FHA
Sep 11, 2026
FHFA Studies Credit-Report Changes To Cut Mortgage Costs

Pulte’s comments could signal either fewer bureau reports or a portable report borrowers could share among lenders, but FHFA has not clarified which approach it is studying

Regulation and Compliance
Sep 10, 2026
AI Errors Leave Mortgage Trustee Without Brief In Foreclosure Appeal

Outside counsel’s fabricated citations expose a third-party oversight risk for mortgage servicers, trustees, and investors

Courts
Sep 10, 2026