Deutsche Bank (DB) loses its bid to dismiss the FHFA's lawsuit accusing the bank of misleading...

|About: Deutsche Bank AG (DB)|By:, SA News Editor

Deutsche Bank (DB) loses its bid to dismiss the FHFA's lawsuit accusing the bank of misleading the housing agencies into buying $14.2B of MBS. Like JPMorgan and Merrill Lynch - who last week had a ruling in a similar suit go against them (from the same judge) - Deutsche is likely toast if this ever gets in front of a jury. Look for a settlement.