Published on
03:27 GMT
Judge rules in favor of Ginnie Mae in lawsuit brought by Texas Capital Bank
Dispute and decision TCB contended this occurred after Ginnie Mae turned to TCB to avoid “a catastrophic disruption of the HECM program.” In return for lending money to Reverse Mortgage Funding (RMF), TCB said it received a first priority lien “on certain …
Source:
Housing Wire
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Neutral
