August 18, 2025
A New York federal judge has granted partial early wins to both the National Credit Union Administration board and Deutsche Bank in a long-running suit stemming from the 2008 financial crisis and concerning allegations that Deutsche Bank failed to fulfill its duties to certificate holders in several residential mortgage-backed securities trusts.
October 15, 2019
A New York federal judge said Tuesday that the National Credit Union Administration may swap in an additional plaintiff to fix standing issues that arose in its residential mortgage-backed securities trustee suit against Deutsche Bank, but he ruled that a chunk of the refreshed case's claims won't be moving forward.
November 06, 2018
Deutsche Bank National Trust Co. told a New York federal judge on Monday that the National Credit Union Administration Board should not be allowed to amend its suit over a number of residential mortgage-backed securities trusts, saying it is too late to fix standing issues.
October 09, 2018
The National Credit Union Administration has urged a New York federal judge to allow the substitution of a new plaintiff to pursue claims against Deutsche Bank National Trust Co. over a number of residential mortgage-backed securities trusts, arguing that this swap would address standing issues highlighted in a similar suit brought by the agency against U.S. Bank.