Deutsche Bank loses bid to end FHFA mortgage lawsuit

Categorized | STOP FORECLOSURE FRAUD

Deutsche Bank loses bid to end FHFA mortgage lawsuit

Deutsche Bank loses bid to end FHFA mortgage lawsuit

Reuters-

A U.S. judge on Monday rejected Deutsche Bank AG’s (DBKGn.DE) bid to dismiss a federal regulator’s lawsuit accusing it of misleading Fannie Mae (FNMA.OB) and Freddie Mac (FMCC.OB) into buying billions of dollars of risky mortgage debt.

U.S. District Judge Denise Cote in Manhattan said the Federal Housing Finance Agency may pursue fraud claims over some of the German bank’s representations in offering materials regarding mortgage underwriting standards.

[REUTERS]

© 2010-17 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



Comments

comments

This post was written by:

- who has written 8690 posts on FORECLOSURE FRAUD | by DinSFLA.

CONTROL FRAUD | ‘If you don’t look; you don’t find, Wherever you look; you will find’ -William Black

Contact the author

Leave a Reply

GARY DUBIN LAW OFFICES FORECLOSURE DEFENSE HAWAII and CALIFORNIA
Advertise your business on StopForeclosureFraud.com

Archives