This stems from an October 2024 decision by Judge Matthew Kacsmaryk, in which TCB alleged that Ginnie Mae violated the Administrative Procedures Act (APA) by extinguishing its first-priority liens ...

Ginnie Mae, a $2.7 trillion stalwart of the US home mortgage market, is the latest Washington agency targeted by Elon Musk. Over the past week, as much as a quarter of the agency’s 270-or-so ...

Elon Musk has found yet another target in Washington: Ginnie Mae, a stalwart of the nation’s home mortgage market. This time, Wall Street is pushing back. Lenders and developers are now working ...

Elon Musk has found yet another target in Washington: Ginnie Mae, a stalwart of the nation’s home mortgage market. This time, Wall Street is pushing back. Lenders and developers are now working their ...

Over the past week, as much as a quarter of Ginnie Mae’s 270 employees have either resigned or been dismissed by Elon Musk’s Department of Government Efficiency, Emily Flitter of Bloomberg ...