Maren Kasper Resigns from Post at Ginnie Mae


Maren Kasper is stepping down from her post as executive vice president and chief operations officer for Ginnie Mae effective Oct. 18.

Kasper has also been serving as interim president of Ginnie Mae, following the departure of Michael Bright in January.

Bright had been nominated by President Trump to be the full-time head of Ginnie Mae and was also serving in that capacity on an interim basis at the time of his departure.

The post has been vacant since Ted Tozer resigned in January 2017.

Kaser is resigning to pursue an opportunity in the private sector, HUD says in a release.

Seth D. Appleton, assistant secretary for policy development and research, will concurrently serve as principal executive vice president. Appleton joined HUD in July 2017.

Additionally, Michael Drayne will assume the role of acting executive vice president. Currently, Drayne is senior vice president for strategic planning and policy. Drayne joined Ginnie Mae in March 2011.

“I am proud of all that we have accomplished over the last three years,” Kasper says in a statement. “Our efforts under the Ginnie Mae 2020 strategic plan have protected taxpayers, continued to evolve the Ginnie Mae platform for the future, and improved the performance of the Ginnie Mae security, all to the benefit of American homeowners.”

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