DB Unit Sues GE Over MBS
Deutsche Bank National Trust has filed a lawsuit against General Electric Capital and its WMC Mortgage unit alleging that they misrepresented the quality of some 3,400 mortgages underlying $666 million in mortgage-backed securities.
Deutsche Bank National Trust has filed a lawsuit against General Electric Capital and its WMC Mortgage unit alleging that they misrepresented the quality of some 3,400 mortgages underlying $666 million in mortgage-backed securities.
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