TITLE

Deutsche Bank Must Face Mortgage Lawsuit, Judge Rules

AUTHOR(S)
Browdie, Brian
PUB. DATE
March 2013
SOURCE
American Banker;3/28/2013, Vol. 178 Issue 48, p20
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article gives information about a class-action lawsuit against Deutsche Bank for allegedly misleading investors, noting the bank's motion to dismiss the case was denied by U.S. District Judge Katherine Forrest in New York. The article notes the International Brotherhood of Electrical Workers is one of the investors that accused the bank of wrongdoing in the sale of residential mortgage-backed securities. It also notes a pre-trial conference is set for April 16, 2013.
ACCESSION #
86435683

 

Related Articles

  • Suit Against Wamu Trustees to Proceed: Court. Browdie, Brian // American Banker;12/11/2012, Vol. 177 Issue 188, p16 

    The article discusses a lawsuit against Bank of America and U.S. Bancorp which charges the banks of failing to protect mortgage investors who bought mortgage-backed securities from the failed mortgage lender Washington Mutual. U.S. District Judge Katherine Forrest in New York ruled the class...

  • Deutsche Bank to pay $1.9 bil. Investor's Business Daily // Investors Business Daily;12/23/2013, pA02 

    The German bank's payment will settle a lawsuit by the Federal Housing Finance Agency over mortgage-backed securities. The suit alleged

  • Medical notes.  // Health (Time Inc. Health);Mar/Apr96, Vol. 10 Issue 2, p58 

    Presents a quotation from consultant Katherine Forrest, on the redesign of Planned Parenthood clinics to appeal to men.

  • MBS Trustees Sue Them to Gain Access To Loan Files. Horwitz, Jeff // American Banker;2/7/2011, Vol. 176 Issue 20, p1 

    The article discusses the separate lawsuits of two trustees of mortgage-backed securities (MBS) against the banking company JPMorgan Chase & Co. Both Wells Fargo & Co. and Deutsche Bank AG want access to data in loan files that is relevant to mortgage repurchasing and private-label MBS....

  • Deutsche Bank Settles Allstate Suit Over Mortgage Securities.  // National Mortgage News;12/30/2013, Vol. 37 Issue 49, p1 

    The article discusses the lawsuit settlings by Deutsche Bank AG that accused the bank of mortgage securities loan omissions and misrepresentations, against Allstate Corp. insurer, worth 185 million U.S. dollars. Topics discussed include fraud and negligent misrepresentation claims, collapsing of...

  • Banks, Subprime Lender Must Face Lawsuit Over Mortgages: Court. Browdie, Brian // American Banker;3/5/2013, Vol. 178 Issue 34, p6 

    The article presents information about a lawsuit filed by the New Jersey Carpenters Health Fund against companies including NovaStar Mortgage, Royal Bank of Scotland, and Deutsche Bank for allegedly misleading investors, noting the U.S. Court of Appeals for 2nd Circuit reinstated the...

  • Deutsche Bank Unit Settles Lawsuit with APB over Alleged Fraud. Orr, Leanna // AiCIO News;2013, p1 

    The article presents information on a lawsuit settled by Deutsche Bank AG against mortgage-backed securities. It includes information on lawsuit between Deutsche Bank AG and the Netherlands-based pension fund company Stichting Pensioenfonds ABP that claimed Deutsche Bank that it had falsely...

  • Future of DeAM questioned amid turmoil of parent. COMTOIS, JAMES // Pensions & Investments;10/17/2016, Vol. 44 Issue 21, p0006 

    The article reports on the concerns among asset owners and consultants over the future of Deutsche Asset Management (DeAM) amid the challenges facing its parent company Deutsche Bank AG involving a multibillion-dollar U.S. government fine. It mentions that the parent company is working on a deal...

  • End Result Unpleasant and Costly: HUD, DOJ Settle Civil Fraud Case with Deutsche Bank.  // Pratt's Mortgage Compliance Letter;Jun2012, Vol. 12 Issue 6, p2 

    The article reports on the U.S. Department of Housing and Urban Development (HUD) and the Department of Justice's (DOJ) settlement of a civil fraud lawsuit case with Deutsche Bank that sought damages and civil penalties under the False Claims Act.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics