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Title: MBA Commends Confirmation of Robert M. Couch as Ginnie Mae President
Source: MBA
Date: 6/16/2006
Contacts:
Name:Phone:Email:
 Laura Armstrong(202) 557-2730 larmstrong@mortgagebankers.org
 Teresa Schofield(202) 557-2924tschofield@mortgagebankers.org

- A Statement by Jonathan L. Kempner, President and Chief Executive Officer -

"The Mortgage Bankers Association congratulates Robert M. Couch, CMB, upon his Senate confirmation as president of Ginnie Mae.   Rob has had a long and distinguished career in housing and finance, and he brings a wealth of knowledge and experience to this important role.  Ginnie Mae plays a key role in the real estate finance industry by providing affordable mortgage financing in the secondary mortgage market.

"During Rob's tenure as chairman of MBA, our members saw firsthand his commitment to investing in communities and his leadership in ensuring the continued innovation in the mortgage industry, in both the private and government sectors.

"We look forward to working with Rob in his new role at Ginnie Mae."

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The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry that employs more than 370,000 people in virtually every community in the country. Headquartered in Washington, D.C., the association works to ensure the continued strength of the nation's residential and commercial real estate markets; to expand homeownership and extend access to affordable housing to all Americans. MBA promotes fair and ethical lending practices and fosters professional excellence among real estate finance employees through a wide range of educational programs and a variety of publications. Its membership of over 2,400 companies includes all elements of real estate finance: mortgage companies, mortgage brokers, commercial banks, thrifts, Wall Street conduits, life insurance companies and others in the mortgage lending field. For additional information, visit MBA's Web site:  www.mortgagebankers.org.