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Ace Securities Corp. Home Equity Loan Trust, Series 2007-HE3 v. DB Structured Products, Inc.
Case Number:
1:13-cv-01869
Court:
Nature of Suit:
Judge:
Firms
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October 05, 2016
HSBC Settles $615M RMBS Suit Against Deutsche Bank Unit
HSBC Bank USA NA on Wednesday told a Manhattan federal judge that it has reached a settlement over claims that a Deutsche Bank AG unit misrepresented $615 million in risky loans underlying residential mortgage-backed securities.
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June 17, 2013
HSBC Blasts Deutsche Dismissal Bid In $615M RMBS Dispute
HSBC Bank USA NA on Friday hit back at a Deutsche Bank AG unit's bid to dismiss a New York federal suit accusing Deutsche of misrepresenting $615 million in risky mortgage loans underlying residential mortgage-backed securities, saying it wasn't contractually barred from filing the suit.
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May 06, 2013
$615M MBS Suit Aims To Rewrite Deal's Terms, Deutsche Says
Deutsche Bank Structured Products sought Friday to dismiss a suit accusing it of misrepresenting the risk of $615 million pool of mortgage loans underlying residential mortgage-backed securities, arguing trustee HSBC Bank USA NA didn't give it an adequate chance to correct possible issues before filing suit.