mortgage securities

US asks Deutsche Bank to pay $14 billion to settle mortgages case

The U.S. Department of Justice is asking Deutsche Bank  to pay $14 billion to settle an investigation into its selling of mortgage-backed securities, Germany`s flagship lender said on Friday.

Sep 16, 2016, 05:09 AM IST

S&P reaches $1.5 bn deal with US, states over crisis-era ratings

Ratings firm Standard & Poor`s will pay $1.5 billion to resolve a series of lawsuits over its ratings on mortgage securities that soured in the runup to the 2008 financial crisis, the company said on Tuesday.

Feb 03, 2015, 21:22 PM IST