DB Unit Sued Over Mortgage Pool

30 Jan 2013

HSBC as trustee for a pool of mortgages has filed a lawsuit against DB Structured Products, a unit of Deutsche Bank, for allegedly failing to “cure, substitute or repurchase” loans that HSBC claims the firm misrepresented regarding their origin and characteristics.

HSBC as trustee for a pool of mortgages has filed a lawsuit against DB Structured Products, a unit of Deutsche Bank, for allegedly failing to “cure, substitute or repurchase” loans that HSBC claims the firm misrepresented regarding their origin and characteristics. In its complaint, filed in New York ...

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