HUD Official To Lead MISMO

Seth Appleton is leaving the U.S. Department of Housing and Urban Development and Ginnie Mae to serve as the new president of MISMO, the Mortgage Bankers Association announced Monday. MISMO is a non-profit subsidiary of MBA and is responsible for developing standards for exchanging information and conducting business in the mortgage finance industry in the United States. Appleton is the Assistant Secretary for Policy Development and Research at HUD and the Principal Executive Vice President at Ginnie Mae. “Seth’s considerable experience in senior leadership roles at HUD will serve MISMO well as it enters an exciting new phase of its standards development work,” MBA President and CEO Bob Broeksmit said. “MISMO is helping lead our industry into the digital future,…