Publisher excerpt· Housing & Mortgages
Appeals court sides with Ginnie Mae in Texas Capital Bank's reverse mortgage lawsuit
The ruling is a signal to warehouse and DIP lenders that financing structures secured by HMBS-related tails may be vulnerable if Ginnie Mae exercises extinguishment remedies
This page contains a short attributed excerpt, not a full report. For details and context, see the original source below.
Source attribution
- HousingWireNeil Pierson
Original source links
- HousingWire: Original source