The United States has filed a civil lawsuit against Deutsche Bank and
MortgageIT alleging that the entities lied to enter into a government
insurance program for mortgages. The suit also claims that the
companies recklessly selected mortgages without considering whether the
borrowers could make the mortgage payments. US Sues Deutsche Bank for Mortgage Fraud
US Sues Deutsche Bank for Mortgage Fraud
Article by: Kevin Fayle
Last updated on
The United States has filed a civil lawsuit against Deutsche Bank and
MortgageIT alleging that the entities lied to enter into a government
insurance program for mortgages. The suit also claims that the
companies recklessly selected mortgages without considering whether the
borrowers could make the mortgage payments. US Sues Deutsche Bank for Mortgage Fraud
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