Ted Tozer is joining PennyMac’s board

Ted Tozer is joining PennyMac’s board

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– USA, CA – PennyMac Financial Services, Inc. (NYSE:PFSI) announced today that Theodore W. Tozer, formerly President of the Government National Mortgage Association (Ginnie Mae), will join its Board of Directors effective August 1, 2017. Mr. Tozer served as Ginnie Mae’s President for seven years before leaving his post earlier this year.

Theodore Tozer is a senior fellow at the Milken Institute’s Center for Financial Markets, where he helps lead the Institute’s housing finance reform work. Prior to joining the Institute, Tozer served as the president of Ginnie Mae for seven years, bringing with him to the institution more than 30 years of experience in the mortgage, banking.

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CYNDI LAUPER - WikiVidi Documentary Theodore W. (Ted) Tozer, President Barack Obama’s choice to take the helm as President of the Government National Mortgage Association, also known as Ginnie Mae, was sworn in February 24, 2010. Established by Congress in 1968, Ginnie Mae was designed to support the government’s housing programs by creating a secondary market to buy and sell.

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Mortgage banker origination has been heavy (hitting over $. proving the importance of the Ginnie Mae MBS as a secondary market financing vehicle," said Ginnie Mae President Ted Tozer. "Ginnie Mae.

Tozer quiescent as Ginnie Mae boss on Jan. 20 after heading a group for 7 years. During a latter partial of his term, Tozer voiced some regard on a flourishing series of nonbank issuers of Ginnie Mae mortgage-backed securities; an associate of Westlake Village, Calif-based PennyMac is a Ginnie Mae issuer, according to a agency’s website.

Furman, tozer join caucus speaker list Sept. 2, 2014 – Jason Furman, the chairman of the Council of Economic Advisers, and Ted Tozer, the president of government-sponsored enterprise ginnie mae, have joined the list of speakers for NAFCU’s annual Congressional Caucus , slated for Sept. 9-12 in Washington, D.C.

Ted Tozer Is Joining Its Board of Directors Westlake Village, CA (July 19, 2017) – PennyMac Financial Services, Inc. (NYSE: PFSI) announced today that Theodore W. Tozer, formerly President of the Government National Mortgage Association (Ginnie Mae), will join its Board of Directors effective August 1, 2017.

PennyMac Financial Services, Inc. Announces Ted Tozer Is Joining Its Board of Directors Business wire jun-27-17 05:16pm pennymac Mortgage Investment Trust Prices Public Offering of 8.00 Percent Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Shares Business Wire

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