{"id":59935,"date":"2025-05-14T03:05:12","date_gmt":"2025-05-14T01:05:12","guid":{"rendered":"https:\/\/housesmarketplace.com\/texas-capital-bank-appeals-case-against-ginnie-mae-over-reverse-mortgage-collateral\/"},"modified":"2025-05-14T03:05:12","modified_gmt":"2025-05-14T01:05:12","slug":"texas-capital-bank-appeals-case-against-ginnie-mae-over-reverse-mortgage-collateral","status":"publish","type":"post","link":"https:\/\/housesmarketplace.trio-tv.com\/ru\/texas-capital-bank-appeals-case-against-ginnie-mae-over-reverse-mortgage-collateral\/","title":{"rendered":"Texas Capital Bank \u043f\u043e\u0434\u0430\u0435\u0442 \u0430\u043f\u0435\u043b\u043b\u044f\u0446\u0438\u044e \u043f\u0440\u043e\u0442\u0438\u0432 Ginnie Mae \u043f\u043e \u043f\u043e\u0432\u043e\u0434\u0443 \u043e\u0431\u0440\u0430\u0442\u043d\u043e\u0433\u043e \u0438\u043f\u043e\u0442\u0435\u0447\u043d\u043e\u0433\u043e \u043e\u0431\u0435\u0441\u043f\u0435\u0447\u0435\u043d\u0438\u044f"},"content":{"rendered":"
\n

After lawsuit challenging the government\u2019s authority to extinguish stakes in securitized Federal Housing Administration<\/strong><\/a> (FHA)-backed Home Equity Conversion Mortgages (HECMs) was recently decided in favor of Ginnie Mae<\/strong><\/a>, the plaintiff in the case has made good on its promise to appeal the decision.<\/p>\n

Texas Capital Bank<\/strong><\/a> (TCB) \u2014 which initially filed the lawsuit against Ginnie Mae in 2023 \u2014 has officially appealed last month\u2019s summary judgment<\/a> in the government\u2019s favor to the U.S. Court of Appeals for the Fifth Circuit<\/strong>. This is according to court filings reviewed by HousingWire<\/strong>\u2019s Reverse Mortgage Daily (RMD) and confirmation from TCB representatives.<\/p>\n

The bank alleged that Ginnie Mae had \u201cextinguished, in return for no consideration, TCB\u2019s first priority lien on tens of millions of dollars in collateral stemming from the [FHA]-sponsored [HECM<\/a>] program.\u201d<\/p>\n

Ginnie Mae sought a summary judgment<\/a> through a filing in January. It said that the court had \u201cruled on the merits that GNMA acted within its lawful authority when it extinguished the mortgage interests of Reverse Mortgage Funding<\/a><\/strong> (RMF).\u201d<\/p>\n

Because of that, Ginnie Mae argued that TCB \u201cno longer has any remaining rights or interests in the property at issue in this case.\u201d This stemmed from an October 2024 decision<\/a> by Judge Matthew Kacsmaryk in which TCB alleged that Ginnie Mae violated the Administrative Procedures Act (APA) by extinguishing its first-priority liens over certain reverse mortgage collateral.<\/p>\n

Kacsmaryk disagreed, saying then that Ginnie Mae \u201cwas within its rights to extinguish and terminate RMF and take absolute ownership of [the] mortgage portfolio.\u201d<\/p>\n

In April, the judge ruled summarily in favor of the government. He wrote that Congress<\/strong><\/a> had granted \u201cextinguishment power over mortgages\u201d and that it \u201cdid not write \u2018participations that constitute the trust or pool.\u2019 Nor did it write \u2018property that constitutes the trust or pool.\u2019 It chose mortgages. And so that is the relevant unit GNMA holds extinguishment power over.\u201d<\/p>\n

Following the decision, TCB vowed to appeal. When reached on Tuesday, representatives for the bank reaffirmed their original stance after filing the appeal on Monday.<\/p>\n

\u201cTexas Capital disagrees with the judge\u2019s ruling and is now appealing,\u201d the bank said in a statement submitted to RMD. \u201cThe entire industry should be alarmed at this ruling and the government\u2019s unlawful seizure of collateral. The victims of Ginnie Mae\u2019s unlawful action will be the seniors who rely on the reverse mortgage program to pay basic expenses.\u201d<\/p>\n

The bank went on to say that if Ginnie Mae\u2019s actions are allowed to stand, \u201cit will have consequences far beyond this case, most seriously, the chilling effect on the industry, including the ability and willingness of Texas Capital and others to participate in programs like this one.\u201d<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

After lawsuit challenging the government\u2019s authority to extinguish stakes in securitized Federal Housing Administration (FHA)-backed Home Equity Conversion Mortgages (HECMs) was recently decided in favor of Ginnie Mae, the plaintiff in the case has made good on its promise to appeal the decision. Texas Capital Bank (TCB) \u2014 which initially filed the lawsuit against Ginnie […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-59935","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"\nTexas Capital Bank appeals case against Ginnie Mae over reverse mortgage collateral - Houses Marketplace<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/housesmarketplace.trio-tv.com\/ru\/texas-capital-bank-appeals-case-against-ginnie-mae-over-reverse-mortgage-collateral\/\" \/>\n<meta property=\"og:locale\" content=\"ru_RU\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Texas Capital Bank appeals case against Ginnie Mae over reverse mortgage collateral - Houses Marketplace\" \/>\n<meta property=\"og:description\" content=\"After lawsuit challenging the government\u2019s authority to extinguish stakes in securitized Federal Housing Administration (FHA)-backed Home Equity Conversion Mortgages (HECMs) was recently decided in favor of Ginnie Mae, the plaintiff in the case has made good on its promise to appeal the decision. Texas Capital Bank (TCB) \u2014 which initially filed the lawsuit against Ginnie […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/housesmarketplace.trio-tv.com\/ru\/texas-capital-bank-appeals-case-against-ginnie-mae-over-reverse-mortgage-collateral\/\" \/>\n<meta property=\"og:site_name\" content=\"Houses Marketplace\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-14T01:05:12+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"\u041d\u0430\u043f\u0438\u0441\u0430\u043d\u043e \u0430\u0432\u0442\u043e\u0440\u043e\u043c\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"\u041f\u0440\u0438\u043c\u0435\u0440\u043d\u043e\u0435 \u0432\u0440\u0435\u043c\u044f \u0434\u043b\u044f \u0447\u0442\u0435\u043d\u0438\u044f\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 \u043c\u0438\u043d\u0443\u0442\u044b\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/housesmarketplace.trio-tv.com\\\/texas-capital-bank-appeals-case-against-ginnie-mae-over-reverse-mortgage-collateral\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/housesmarketplace.trio-tv.com\\\/texas-capital-bank-appeals-case-against-ginnie-mae-over-reverse-mortgage-collateral\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/housesmarketplace.trio-tv.com\\\/#\\\/schema\\\/person\\\/1276f6cf52b5de6bd341c72ea8c75b0b\"},\"headline\":\"Texas Capital Bank appeals case against Ginnie Mae over reverse mortgage collateral\",\"datePublished\":\"2025-05-14T01:05:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/housesmarketplace.trio-tv.com\\\/texas-capital-bank-appeals-case-against-ginnie-mae-over-reverse-mortgage-collateral\\\/\"},\"wordCount\":461,\"articleSection\":[\"Uncategorized\"],\"inLanguage\":\"ru-RU\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/housesmarketplace.trio-tv.com\\\/texas-capital-bank-appeals-case-against-ginnie-mae-over-reverse-mortgage-collateral\\\/\",\"url\":\"https:\\\/\\\/housesmarketplace.trio-tv.com\\\/texas-capital-bank-appeals-case-against-ginnie-mae-over-reverse-mortgage-collateral\\\/\",\"name\":\"Texas Capital Bank appeals case against Ginnie Mae over reverse mortgage collateral - Houses Marketplace\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/housesmarketplace.trio-tv.com\\\/#website\"},\"datePublished\":\"2025-05-14T01:05:12+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/housesmarketplace.trio-tv.com\\\/#\\\/schema\\\/person\\\/1276f6cf52b5de6bd341c72ea8c75b0b\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/housesmarketplace.trio-tv.com\\\/texas-capital-bank-appeals-case-against-ginnie-mae-over-reverse-mortgage-collateral\\\/#breadcrumb\"},\"inLanguage\":\"ru-RU\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/housesmarketplace.trio-tv.com\\\/texas-capital-bank-appeals-case-against-ginnie-mae-over-reverse-mortgage-collateral\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/housesmarketplace.trio-tv.com\\\/texas-capital-bank-appeals-case-against-ginnie-mae-over-reverse-mortgage-collateral\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/housesmarketplace.trio-tv.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Texas Capital Bank appeals case against Ginnie Mae over reverse mortgage collateral\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/housesmarketplace.trio-tv.com\\\/#website\",\"url\":\"https:\\\/\\\/housesmarketplace.trio-tv.com\\\/\",\"name\":\"Houses Marketplace\",\"description\":\"International Real Estate\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/housesmarketplace.trio-tv.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"ru-RU\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/housesmarketplace.trio-tv.com\\\/#\\\/schema\\\/person\\\/1276f6cf52b5de6bd341c72ea8c75b0b\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"ru-RU\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/140237897fb8310eb02b9e9e60bc4c80ec8ee5e10f4896a3c4d6b98a92bf825e?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/140237897fb8310eb02b9e9e60bc4c80ec8ee5e10f4896a3c4d6b98a92bf825e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/140237897fb8310eb02b9e9e60bc4c80ec8ee5e10f4896a3c4d6b98a92bf825e?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"url\":\"https:\\\/\\\/housesmarketplace.trio-tv.com\\\/ru\\\/author\\\/admin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Texas Capital Bank appeals case against Ginnie Mae over reverse mortgage collateral - Houses Marketplace","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/housesmarketplace.trio-tv.com\/ru\/texas-capital-bank-appeals-case-against-ginnie-mae-over-reverse-mortgage-collateral\/","og_locale":"ru_RU","og_type":"article","og_title":"Texas Capital Bank appeals case against Ginnie Mae over reverse mortgage collateral - Houses Marketplace","og_description":"After lawsuit challenging the government\u2019s authority to extinguish stakes in securitized Federal Housing Administration (FHA)-backed Home Equity Conversion Mortgages (HECMs) was recently decided in favor of Ginnie Mae, the plaintiff in the case has made good on its promise to appeal the decision. Texas Capital Bank (TCB) \u2014 which initially filed the lawsuit against Ginnie […]","og_url":"https:\/\/housesmarketplace.trio-tv.com\/ru\/texas-capital-bank-appeals-case-against-ginnie-mae-over-reverse-mortgage-collateral\/","og_site_name":"Houses Marketplace","article_published_time":"2025-05-14T01:05:12+00:00","author":"admin","twitter_card":"summary_large_image","twitter_misc":{"\u041d\u0430\u043f\u0438\u0441\u0430\u043d\u043e \u0430\u0432\u0442\u043e\u0440\u043e\u043c":"admin","\u041f\u0440\u0438\u043c\u0435\u0440\u043d\u043e\u0435 \u0432\u0440\u0435\u043c\u044f \u0434\u043b\u044f \u0447\u0442\u0435\u043d\u0438\u044f":"2 \u043c\u0438\u043d\u0443\u0442\u044b"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/housesmarketplace.trio-tv.com\/texas-capital-bank-appeals-case-against-ginnie-mae-over-reverse-mortgage-collateral\/#article","isPartOf":{"@id":"https:\/\/housesmarketplace.trio-tv.com\/texas-capital-bank-appeals-case-against-ginnie-mae-over-reverse-mortgage-collateral\/"},"author":{"name":"admin","@id":"https:\/\/housesmarketplace.trio-tv.com\/#\/schema\/person\/1276f6cf52b5de6bd341c72ea8c75b0b"},"headline":"Texas Capital Bank appeals case against Ginnie Mae over reverse mortgage collateral","datePublished":"2025-05-14T01:05:12+00:00","mainEntityOfPage":{"@id":"https:\/\/housesmarketplace.trio-tv.com\/texas-capital-bank-appeals-case-against-ginnie-mae-over-reverse-mortgage-collateral\/"},"wordCount":461,"articleSection":["Uncategorized"],"inLanguage":"ru-RU"},{"@type":"WebPage","@id":"https:\/\/housesmarketplace.trio-tv.com\/texas-capital-bank-appeals-case-against-ginnie-mae-over-reverse-mortgage-collateral\/","url":"https:\/\/housesmarketplace.trio-tv.com\/texas-capital-bank-appeals-case-against-ginnie-mae-over-reverse-mortgage-collateral\/","name":"Texas Capital Bank appeals case against Ginnie Mae over reverse mortgage collateral - Houses Marketplace","isPartOf":{"@id":"https:\/\/housesmarketplace.trio-tv.com\/#website"},"datePublished":"2025-05-14T01:05:12+00:00","author":{"@id":"https:\/\/housesmarketplace.trio-tv.com\/#\/schema\/person\/1276f6cf52b5de6bd341c72ea8c75b0b"},"breadcrumb":{"@id":"https:\/\/housesmarketplace.trio-tv.com\/texas-capital-bank-appeals-case-against-ginnie-mae-over-reverse-mortgage-collateral\/#breadcrumb"},"inLanguage":"ru-RU","potentialAction":[{"@type":"ReadAction","target":["https:\/\/housesmarketplace.trio-tv.com\/texas-capital-bank-appeals-case-against-ginnie-mae-over-reverse-mortgage-collateral\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/housesmarketplace.trio-tv.com\/texas-capital-bank-appeals-case-against-ginnie-mae-over-reverse-mortgage-collateral\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/housesmarketplace.trio-tv.com\/"},{"@type":"ListItem","position":2,"name":"Texas Capital Bank appeals case against Ginnie Mae over reverse mortgage collateral"}]},{"@type":"WebSite","@id":"https:\/\/housesmarketplace.trio-tv.com\/#website","url":"https:\/\/housesmarketplace.trio-tv.com\/","name":"\u0420\u044b\u043d\u043e\u043a \u0434\u043e\u043c\u043e\u0432","description":"\u041c\u0435\u0436\u0434\u0443\u043d\u0430\u0440\u043e\u0434\u043d\u0430\u044f \u043d\u0435\u0434\u0432\u0438\u0436\u0438\u043c\u043e\u0441\u0442\u044c","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/housesmarketplace.trio-tv.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"ru-RU"},{"@type":"Person","@id":"https:\/\/housesmarketplace.trio-tv.com\/#\/schema\/person\/1276f6cf52b5de6bd341c72ea8c75b0b","name":"\u0430\u0434\u043c\u0438\u043d\u0438\u0441\u0442\u0440\u0430\u0442\u043e\u0440","image":{"@type":"ImageObject","inLanguage":"ru-RU","@id":"https:\/\/secure.gravatar.com\/avatar\/140237897fb8310eb02b9e9e60bc4c80ec8ee5e10f4896a3c4d6b98a92bf825e?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/140237897fb8310eb02b9e9e60bc4c80ec8ee5e10f4896a3c4d6b98a92bf825e?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/140237897fb8310eb02b9e9e60bc4c80ec8ee5e10f4896a3c4d6b98a92bf825e?s=96&d=mm&r=g","caption":"admin"},"url":"https:\/\/housesmarketplace.trio-tv.com\/ru\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/housesmarketplace.trio-tv.com\/ru\/wp-json\/wp\/v2\/posts\/59935","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/housesmarketplace.trio-tv.com\/ru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/housesmarketplace.trio-tv.com\/ru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/housesmarketplace.trio-tv.com\/ru\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/housesmarketplace.trio-tv.com\/ru\/wp-json\/wp\/v2\/comments?post=59935"}],"version-history":[{"count":0,"href":"https:\/\/housesmarketplace.trio-tv.com\/ru\/wp-json\/wp\/v2\/posts\/59935\/revisions"}],"wp:attachment":[{"href":"https:\/\/housesmarketplace.trio-tv.com\/ru\/wp-json\/wp\/v2\/media?parent=59935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/housesmarketplace.trio-tv.com\/ru\/wp-json\/wp\/v2\/categories?post=59935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/housesmarketplace.trio-tv.com\/ru\/wp-json\/wp\/v2\/tags?post=59935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}