2011-07-12businessweek.com

"The government claims Deutsche Bank and MortgageIT masked problem loans through "egregious" violations of HUD rules for analyzing the income and creditworthiness of borrowers. MortgageIT endorsed more than 39,000 loans for FHA insurance after 1999, making them "highly marketable for resale," the U.S. claimed. Of those, 12,500 defaulted."



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