Tag Archives: toxic loans

Deutsche Bank to Face US Lawsuit for $3.1 billion

Bank to answer for allegations of toxic residential mortgage backed securities By Jeff Sorg, OnlineEd Blog (February 4, 2016) -A federal judge ruled on yesterday that Deutsche Bank must face a US lawsuit seeking to hold it liable for causing $3.1 billion  of investor losses by failing to properly monitor 10 trusts backed by toxic residential mortgages. “Plaintiff’s […]