The Senate has confirmed Joseph Murin to serve as president of the Ginnie Mae.

Murin, who was nominated by President George W. Bush back in October, possesses over 35 years of mortgage and banking industry experience.

He previously served as president and managing partner of the Mortgage Settlement Network from 2004 through August 2007. Before this, he served as chief executive officer of the Basis 100 Corp.

Earlier in his career, Murin served as president and chief executive officer of Lender's Service.

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