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Ginnie Mae names COO

GovernmentNational Mortgage Association has hired Nancy Corsiglia asexecutive vice president and COO.

Corsiglia will handle Ginnie Mae's mortgage-backed securitiesand real estate mortgage investment conduit programs. She will also manage thecompany's daily operations, including all MBS operations, counterpartyrelationships, contracting, budget and legislative initiatives, and overallrisk management.

She previously served as a managing director at DevonshireAdvisory Group.