October 13, 2026
A unanimous Fifth Circuit panel affirmed a lower court's ruling in favor of Ginnie Mae in a suit Texas Capital Bank brought over the extinguishment of its lien on reverse mortgage assets, saying there is a "sound statutory basis to conclude" that Ginnie Mae has authority over the entire mortgage once an issuer defaults.
April 02, 2026
Texas Capital Bank faced tough questions from a Fifth Circuit panel in its bid to reverse a lower court's decision in favor of Ginnie Mae that extinguished TCB's lien on reverse mortgage assets, with one judge saying Thursday that the government has "the power under the statute."