On October 8, 2019, Seth D. Appleton was designated as Principal Executive Vice President of Ginnie Mae by United States Secretary of Housing and Urban Development Dr. Benjamin S. Carson, Sr. In his role as Ginnie Mae’s senior official, Mr. Appleton is focused on bringing global capital to the U.S. government mortgage loan programs by maintaining a liquid and attractive security for investors, modernizing the Ginnie Mae platform, and operating a fiscally sound program that minimizes risks to taxpayers.
In addition to his position at Ginnie Mae, Mr. Appleton concurrently serves as Assistant Secretary for Policy Development and Research (PD&R) at the U.S. Department of Housing and Urban Development (HUD). Mr. Appleton was confirmed by the United States Senate as the Assistant Secretary for PD&R on June 20, 2019. As Assistant Secretary, he is the principal advisor to the Secretary on policy matters, research and demonstrations, economic information, innovation, international programs, and philanthropic initiatives.
Prior to his confirmation as Assistant Secretary, Mr. Appleton served as HUD’s Associate Deputy Secretary, a role in which he supported the Deputy Secretary’s management of the Department’s operations. Before that, he was HUD’s Acting Assistant Secretary and General Deputy Assistant Secretary for Congressional and Intergovernmental Relations. From 2004 to 2017, Mr. Appleton worked in the United States House of Representatives, including as Chief of Staff for Congressman Blaine Luetkemeyer of Missouri from 2009 to 2017. During his tenure in the House, Mr. Appleton focused on policy matters related to housing, financial services, small business, and agriculture among other subjects.
Mr. Appleton is a graduate of Stanford University, where he earned a Bachelor of Arts in History. A native of St. Louis, Missouri, Mr. Appleton lives in Washington, D.C. with his wife, Brooke.