Texas Capital Bank v. Government National Mortgage Association et al
Case Number:
2:23-cv-00156
Court:
Nature of Suit:
Other Statutes: Administrative Procedure Act/Review or Appeal of Agency Decision
Judge:
Firms
Companies
Sectors & Industries:
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April 04, 2024
Ginnie Mae, HUD Must Face Bank's Vacated Lien Suit
A Texas federal judge trimmed but declined to dismiss Texas Capital Bank's suit against the U.S. Department of Housing and Urban Development and its Government National Mortgage Association program over a vacated loan lien that the bank says was worth tens of millions of dollars.
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March 07, 2024
Ginnie Mae Says Texas Bank Can't Use Oral Promises In Suit
The Government National Mortgage Association told a Texas federal court Wednesday that even if it made oral promises not to void a Texas Capital Bank's interest in a first-priority lien on a multimillion-dollar emergency loan, those promises don't hold up legally and the case should be dismissed.
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January 12, 2024
Texas Bank Can't Sue Over Lender's Bailout, HUD Says
The Government National Mortgage Association "repeatedly and unambiguously" disclosed it could extinguish a lender's interests in mortgages and related areas, and the government-owned corporation has argued it shouldn't have to face a Texas-based bank's suit alleging the voiding was improper.
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October 04, 2023
Bank Sues Ginnie Mae, HUD Over Reverse Mortgage Rescue
A Texas-based bank sued the Government National Mortgage Association and the U.S. Department of Housing and Urban Development on Wednesday, alleging they wrongfully voided the bank's lien on a loan worth tens of millions of dollars.