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Deutsche Bank to Settle Mortgage Inquiry for $7.2 Billion

After months of talks, the bank is in a tentative deal to pay a $3.1 billion penalty and provide loan modifications worth $4.1 billion to American homeowners. [Source]

Publication Date:

Origin: nytimes.com

Category: Deutsche Bank AG

Topics: billion, homeowners, American, worth, modifications, provide, penalty, tentative, talks, months, After, Billion, Inquiry, Mortgage, Settle, Deutsche

Source: http://www.nytimes.com/2016/12/22/business/dealbook/deutsche-bank-mortgage-securities-justice-department-homeowners.html?partner=rss&emc=rss