Government attorneys have requested a summary judgment asserting Ginnie Mae lawfully extinguished RMF's mortgage interests, which Judge Kacsmaryk previously upheld. TCB's claims of rights violations under the Administrative Procedures Act were dismissed as unpersuasive. The government maintains TCB cannot prove interference with its property rights since the record contradicts claims of insufficient payment by Ginnie Mae. TCB has sought an extension to respond to this ruling, which has been granted, postponing the response deadline to February 21, 2025.
Ginnie Mae acted within its lawful authority when it extinguished the mortgage interests of Reverse Mortgage Funding (RMF), denying TCB's claims.
TCB's allegations against Ginnie Mae did not persuade Judge Kacsmaryk to change the court's ruling on the mortgage collateral.
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