In a detailed filing, Ginnie Mae argues that Texas Capital Bank's motion for partial summary judgment is premature and that they were within their authority regarding rights extinguishment.
Ginnie Mae's memorandum counters that TCB's claims don't hold against GNMA’s extinguishment powers and that further factual developments are necessary prior to any summary judgment.
The United States contends that the agreement among parties invalidates TCB's arguments of superior rights over Ginnie Mae's authority concerning HECM loans.
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