Ginnie Mae contends TCB can’t rely on alleged verbal promises in lawsuit

Since the original filing of a lawsuit about the extinguishment of a priority lien tied to the loan portfolio collateral of Reverse Mortgage Funding (RMF), Texas Capital Bank (TCB) has argued in court that it was given verbal assurances from high-ranking officials at Ginnie Mae and the Federal Housi
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It was mid-February when clients, family and friends began asking Jason Posnick about strange postcards appearing in their mailboxes. Thanks to Lisa Chinatti, the broker-owner at Chinatti Realty Group, he was not completely caught off guard.“Lisa is super on the pulse. She talks with a lot of people
Read More Biden outlines housing proposals during State of the Union

President Joe Biden entered the chamber of the U.S. House of Representatives on Thursday night, filing past a narrowly divided Congress during an election year and preparing to give a State of the Union address that would feature a relatively substantive focus on housing.“If I were smart, I’d go hom
Read MoreSteve Harney, founder of Keeping Current Matters, has died

Steve Harney, founder of Keeping Current Matters and a force in real estate for four decades, died suddenly on Sunday, March 4, at age 68.“As we mourn the loss of Steve, we hold tight to the incredible impact he had on agents, our industry, and the fact that his legacy will live on at Keeping Curren
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