Deutsche To Pay $202M In FCA Case Over FHA-Backed Loans

By Jeff Overley (May 10, 2012, 7:07 PM EDT) -- Deutsche Bank AG will pay $202 million to settle False Claims Act allegations it oversaw an out-of-control mortgage underwriting operation and left the Federal Housing Administration, which insured the loans, holding the bag, the U.S. Attorney in New York said Thursday....

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