Deutsche Bank AG's Unit To Pay $11 Million To End Nevada Mortgage Probe-Reuters


Thursday, 17 Oct 2013 12:46pm EDT 

Reuters reported that a unit of Deutsche Bank AG will pay $11.5 million to resolve a probe of its role in funding subprime mortgage loans in Nevada, the state's attorney general said on October 17, 2013. The investigation focused on mortgage loans provided by other lenders but funded, bought and securitized by DB Structured Products Inc between 2004 and 2007, Attorney General Catherine Masto said. 

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