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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
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...
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Originally published by Neil Pierson
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