Deutsche Bank Agrees to Pay $7.2 Billion for Misleading Investors in Its Sale Of Residential Mortgage-Backed Securities
January 17, 2017
January 17, 2017
WASHINGTON, Jan. 17 -- The U.S. Attorney for the Eastern District of New York, Robert L. Capers, issued the following news release:
The Justice Department, along with federal partners, announced today a $7.2 billion settlement with Deutsche Bank resolving federal civil claims that Deutsche Bank misled investors in the packaging, securitization, marketing, sale and issuance of residential mortgage-backed securities (RMBS) between 2006 and 2007. This $7.2 billion agreement represent . . .
The Justice Department, along with federal partners, announced today a $7.2 billion settlement with Deutsche Bank resolving federal civil claims that Deutsche Bank misled investors in the packaging, securitization, marketing, sale and issuance of residential mortgage-backed securities (RMBS) between 2006 and 2007. This $7.2 billion agreement represent . . .