General World News

Senator inquiring about HMBS program clinches gubernatorial nomination

U.S. Sen. Mike Braun (R-Ind.), who recently submitted a series of questions to Ginnie Mae about its management of the Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) program following the collapse of Reverse Mortgage Funding (RMF), clinched the Republican nomination for governor of Indiana on Tuesday night, according to The Associated Press and The Washington Post.

Braun previously announced that he would not be seeking a second term as Indiana’s junior senator, instead choosing to run for governor as incumbent Gov. Eric Holcomb (R) is term limited.

Braun’s political career began as a member details ⇒

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