Actually, evidence shows the deduction already disproportionately benefits the highest-income homeowners while doing little to promote homeownership for middle- and low-income taxpayers.
Federal prosecutors on Monday accused the former head of subprime mortgage trading at Deutsche Bank AG of misleading...
Prosecutors said that Mr. Mangione knew that Chapel Funding LLC., a California-based mortgage originator responsible for the loans in the two securities, had "abandoned any semblance of responsible underwriting practices," according to the complaint.
Now it’s also looking at indirectly funding new loans to subprime borrowers, according to a person with knowledge of...
It’s already been planning to finance fund managers that would in turn offer easier terms to borrowers, but that may prove too expensive to cover all its needs.
Deutsche Bank knowingly and intentionally securitized loans originated based on unsupported and fraudulent appraisals....
Deutsche Bank concealed its knowledge of pervasive and consistent appraisal fraud, instead representing to investors home valuation metrics based on appraisals it knew to be fraudulent.
One option it’s reviewing is to instead lend to firms like Lone Star Funds, which specialize in buying bad mortgages...
It is considering an unusual approach to meeting that requirement: lending money to private equity firms and hedge funds.
The civil settlement requires the bank, Germany’s largest, to pay a $3.1 billion penalty and provide relief to American...
The payout would settle claims that the bank, like many other institutions during the financial crisis of 2008, sold investors mortgage securities that contributed to the crisis.
It has the largest derivatives exposure of any bank, at $54.7 trillion (and that's not a typo) out of the worldwide...
"Deutsche Bank doesn't realize that something serious needs to happen," he told CNBC via telephone on Thursday morning...
Only a substantial intervention by the German government can stop the collapse of the country's largest lender, Deutsche Bank, according to Stefan Müller, the CEO of Frankfurt-based boutique research company DGAW.
“Deutsche Bank has no intent to settle these potential civil claims anywhere near the number cited. The negotiations...
But size of fine is spooking investors, sending European bank shares lower