Texas Capital Bank objects to DOJ motion to halt discovery in Ginnie Mae case

Texas Capital Bank (TCB), a warehouse lender that is suing Ginnie Mae over loans made by TCB to now-bankrupt lender Reverse Mortgage Funding (RMF), has objected to a motion by U.S. Department of Justice (DOJ) attorneys seeking to stop the evidence gathering process, saying its requests are reasonabl
Read MoreTane Cabe joins C2 Financial’s reverse mortgage division

Longtime reverse mortgage industry professional Tane Cabe has joined C2 Financial’s reverse mortgage division as a “retirement mortgage expert,” according to an announcement issued by the company this week.Cabe, who most recently served as president of reverse mortgage lending at Fairway Independent
Read MoreHUD Inspector General discusses NYC corruption investigation

Earlier this month, the U.S. Attorney’s Office for the Southern District of New York (SDNY) announced that it had made a series of 70 charges against current and former officials from the New York City Housing Authority (NYCHA), alleging bribes and kickbacks and charging them with bribery and extort
Read MoreAI startup BEN adds Chris Heller as adviser to board of directors

Artificial intelligence (AI) startup Brand Engagement Network (BEN) onboarded industry veteran Chris Heller as an adviser to its board of directors. Heller’s addition to the board comes at a time when BEN prepares to go public through a merger with DHC Acquisition Corp. — a special purpose acquisiti
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