Texas Capital Bank shoots back at Ginnie Mae over dismissal motion

Roughly 24 hours after filing an objection to the U.S. government’s motion to stop the gathering of evidence in a case against Ginnie Mae, Texas Capital Bank (TCB) responded to the government’s attempt to dismiss the entirety of the bank’s complaint.The case stems from Ginnie Mae’s extinguishment of
Read MoreInstitutional buyers pumped the brakes on purchase activity in 2023

In December 2023, a startling rumor started to spread on social media — that large institutional buyers had purchased 44% of the available homes on the market in 2023, leaving policymakers concerned with the potentially predatory grip of these entities.HousingWire lead analyst Logan Mohtashami immed
Read MoreResearchers sound the alarm over finances of ‘forgotten middle’ older adults

Middle-income Americans who are 75 and older are at serious risk of a retirement crisis, according to a new research brief from the National Opinion Research Center (NORC) at the University of Chicago.“Our cumulative research has projected an impending crisis without a clear policy solution: a major
Read MoreIndustry experts are closely watching delinquency rates, insurance costs

Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023.Industry experts say that although there’s a correlation between unemployment and delinquency rates, some homeowners
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