Sam I. Valverde was named Acting President of Ginnie Mae in May 2024, after previously serving as the organization’s Principal Executive Vice President since January 2023. He began his tenure at Ginnie Mae in March 2022 to serve as the Executive Vice President and Chief Operating Officer. As Acting President, Mr. Valverde leads Ginnie Mae’s mission to link the United States housing market to the global capital markets, thus providing low-cost financing for federal housing programs and making affordable housing a reality for millions of Americans. He brings more than 15 years of housing finance, policy, and legal experience to Ginnie Mae. Across his career in public service, he has worked to develop market-based solutions to improve economic outcomes for all Americans.
Prior to joining Ginnie Mae, Mr. Valverde was most recently Supervisory Attorney Advisor at the Federal Housing Finance Agency (FHFA) in the Division of Conservatorship Oversight and Readiness. In that role, he led agency-wide projects intended to support greater access to mortgage credit and affordable rental opportunities for working families. In addition, Mr. Valverde led successful efforts to transition the government-sponsored enterprises (the Enterprises) away from utilizing LIBOR for a range of variable rate product offerings. He also coordinated efforts to develop a post-conservatorship regulatory framework for the Enterprises and provided technical assistance on a variety of housing finance legislation. Prior to his service at FHFA, Mr. Valverde served as a Counselor for Domestic Finance at the U.S. Department of the Treasury, focusing on housing and consumer finance issues. While at Treasury, Mr. Valverde worked extensively on issues related to the ongoing conservatorships of the Enterprises and implementation of the housing programs under the Housing and Economic Recovery Act of 2008. He also led development of the Department’s first retirement savings product and efforts on multiemployer pension reform. While at Treasury, Mr. Valverde was instrumental to the creation of its Puerto Rico Task Force, charged with developing policy solutions to the Commonwealth’s fiscal crisis. Prior to joining public service, Mr. Valverde began his career as a securities lawyer at Davis Polk & Wardell LLP. Mr. Valverde received his J.D. from Yale Law School and an A.B. from Dartmouth College. He resides in the District with his wife and children.
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