HUD and Ginnie Mae to Host Summit on Mortgage Market Resilience and Access to Credit

The October 15 Summit will bring together leaders across sectors to discuss the critical role of independent mortgage banks in housing finance.

WASHINGTON - Today, the U.S. Department of Housing and Urban Development (HUD) and Ginnie Mae announced plans to host a summit to explore the impact of mortgage market liquidity on Americans' access to affordable home ownership. The Mortgage Market Resilience and Access to Credit Summit, happening Tuesday, October 15, 2024, at HUD headquarters, will bring together leaders from the federal government, private sector, and housing industry to discuss the critical role of independent mortgage banks in the housing finance ecosystem.

HUD Acting Secretary Adrianne Todman will deliver opening remarks, followed by a fireside chat featuring Ginnie Mae Acting President Sam Valverde and Daniel Hornung, Special Assistant to the President for Economic Policy at the National Economic Council. The summit will also feature three dynamic, expert-led panels examining industry risks, exploring innovative strategies for addressing market challenges, and engaging in meaningful discussions on solutions that could shape the future of housing finance.

“We are committed to empowering Americans with the opportunities and resources needed to build their futures—especially in securing stable, affordable housing,” said HUD Acting Secretary Adrianne Todman. “Independent mortgage banks play a key role in making this a reality, and this summit will shine a spotlight on their essential contributions to our housing market.”

“This summit offers an invaluable platform to discuss how we can collaborate to strengthen the housing system by enhancing the resilience of independent mortgage banks throughout economic cycles,” said Acting Ginnie Mae President Valverde. “Ginnie Mae’s Issuers are our partners in expanding access to affordable lending, and advancing solutions that support their liquidity needs is critical to ensuring sustainable access to credit for the borrowers we serve.”

For a complete event agenda and participant details, click here.

Registration Required
This hybrid event is open to the public, with in-person and virtual attendance available. Register here to attend.

About Ginnie Mae

Ginnie Mae is a wholly owned Government corporation that attracts global capital into the housing finance system to support homeownership for veterans and millions of homeowners throughout the country. Ginnie Mae mortgage-backed securities (MBS) programs directly support housing finance programs administered by the Federal Housing Administration, the Department of Veterans Affairs, the Department of Housing and Urban Development’s Office of Public and Indian Housing, and the Department of Agriculture’s Rural Housing Service. Ginnie Mae is the only MBS to carry the explicit full faith and credit of the United States Government.

Learn more about Ginnie Mae’s Summit Series. Additional information about Ginnie Mae is available at www.ginniemae.gov and on X (formerly Twitter), YouTube, Facebook, and LinkedIn.