Joseph J. Murin earned a business degree from Chicago’s National-Louis University, after which he went to work as a loan officer for Pittsburgh National Bank (now PNC Bank). Between 1979 and 1982, he was president of Murin Brothers, Inc., a family-owned construction company. Murin was regional president of American Pioneer Savings in Orlando, Florida, chief lending officer for Standard Federal Savings and Loan, and president of Century Mortgage before joining Lender’s Service, Inc. (LSI) in 1992. Eventually he progressed to the position of LSI’s chief executive officer and remained CEO until the company was sold to Merrill Lynch in 1998. Murin moved on to Basis100, a Canadian firm that developed the Canadian Bond Trading system, again moving up to CEO. Murin then established Mortgage Settlement Network as a managing partner and sold that company on August 2007. Murin was sworn in as President of Ginnie Mae on July 1, 2008, eight months after President Bush nominated him.