U.S. Sues Deutsche Bank and Subsidiary MortgageIT for Years of Reckless Lending Practices
News release: “The United States has filed a civil mortgage fraud lawsuit against Deutsche Bank AG and its wholly owned subsidiary, MortgageIT Inc. The governments complaint seeks damages and civil penalties under the False Claims Act for repeated false certifications made to the U.S. Department of Housing and Urban Development (HUD) in connection with the …