Published: May 31, 2011

Finkelstein Thompson LLP Announces Investigation of Deutsche Bank AG and MortgageIT, Inc. Lending Practices

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WASHINGTON - (BUSINESS WIRE) - Finkelstein Thompson LLP ("FT") announces an investigation of Deutsche Bank AG and its subsidiary MortgageIT, Inc. According to a complaint filed by the United States government, Deutsche Bank AG and MortgageIT allegedly failed to adequately screen the creditworthiness of applicants for FHA-insured home loans. This practice may have resulted in borrowers being approved for FHA-insured loans that they were not qualified for and could not pay back. Victims of the practice paid out closing costs and other fees associated with obtaining a mortgage, unaware that inadequate credit screening may have doomed them to lose their homes.

If you have defaulted on an FHA-insured home loan issued by Deutsche Bank AG or MortgageIT and want to discuss your rights, or if you have information relating to this investigation, please contact Finkelstein Thompson's Washington, DC offices at (877) 337-1050 or by email at contact@finkelsteinthompson.com.

Finkelstein Thompson LLP has spent over three decades delivering outstanding representation to institutional and individual clients in financial litigation, and has been appointed as lead or co-lead counsel in dozens of class actions. Indeed, the firm has served in leadership roles in cases that have recovered over $1 billion for investors and consumers.

To learn more about Finkelstein Thompson LLP, please visit our web site at www.finkelsteinthompson.com. Attorney advertising. Prior results do not guarantee similar outcomes.