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Reverse-Mortgage Lawsuit Claims Feds Reneged on Loan Promises

Reverse-Mortgage Lawsuit Claims Feds Reneged on Loan Promises
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Reverse-Mortgage Suit Claims Feds Reneged on Loan Promises

(Bloomberg) Federal housing authorities persuaded Texas Capital Bancshares Inc. to help with the fallout from a bankrupt reverse-mortgage provider, then went back on their promises of financial support, the company said in a lawsuit Wednesday.Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsTech Giants Fuel End of Day Climb as Yields Slide: Markets WrapKevin McCarthy Ousted as US House Speaker by Republican DissidentsMcCarthy Ouster Means More Turmoil as Next

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Reverse-mortgage lawsuit claims Ginnie Mae reneged on loan promises

Reverse-mortgage lawsuit claims Ginnie Mae reneged on loan promises
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Ginnie Mae sued by bank that lent to RMF at government's request

Texas Capital sues feds for reneging on reverse-mortgage loan promise

Texas Capital sues feds for reneging on reverse-mortgage loan promise
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