Nomination of Robert W. Karpe To Be President of the Government National Mortgage Association

The President today announced his intention to nominate Robert W. Karpe to be President, Government National Mortgage Association, Department of Housing and Urban Development.

Mr. Karpe has been associated with Karpe Real Estate Center since 1959, serving as president in 1959-71, and as chairman of the board from 1976 to present. The center is a firm offering full real estate services, including sales, financing, escrow, appraisal, investment, and real estate development.

In 1971-75 Mr. Karpe served as commissioner of the California Department of Real Estate. He has been active in real estate affairs, serving as president of the California Association of Realtors (1968); director of the National Association of Realtors (1968-71 and 1979-81) and vice president of the National Association of Real Estate Licensed Law Officials (1974-75).

Mr. Karpe was graduated from the University of California at Berkeley. He is married, has three children, and resides in Bakersfield, Calif. He was born in Bakersfield on November 3, 1930.