Deutsche Sues WMC Mortgage, GE Capital Over $666MM MBS
Deutsche Bank, in its capacity as trustee of the Morgan Stanley ABS Capital Trust, filed a complaint against WMC Mortgage LLC as successor-by-merger to WMC Mortgage Corp. and GE Capital for breach of contract over an MBS transaction encompassing loans totaling $666 million to 3,399 borrowers closed in 2007.
September 17, 2013
Deutsche Bank National Trust | GE Capital | mortgage-backed securities
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