The Watchdog

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JANE BURGERMEISTER REPORT:’LA sues Deutsche Bank over allowing foreclosed homes to slide into slum’

LA sues Deutsche Bank over allowing foreclosed homes to slide into slum

Jane Burgermeister | May 6, 2011 at 12:49 pm | Categories: Uncategorized | URL: http://wp.me/puNtl-1db

Deutsche Welle

Deutsche Bank has been hit by another lawsuit in the United States. The city of Los Angeles is seeking damages linked to mismanaged property foreclosures, while the US Justice Department sues the bank for mortgage fraud.

The city of Los Angeles is suing Deutsche Bank for allegedly violating federal, state, and municipal laws by allowing hundreds of foreclosed homes to become rundown and illegally evicting tenants. Read more of this post

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May 7, 2011 - Posted by | Fighting corruption internationally, Internationally significant information, Jane Burgermeister Report

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