Deutsche Bank and Wells Fargo get MBS-losses claim
A New York federal judge has dismissed claims made against Deutsche Bank and Wells Fargo over more than $1tn of losses in mortgage-backed securities investments. The plaintiffs, including BlackRock, the National Credit Union Administration, and Commerzbank, will however, get another chance to advance the case.

By Cara Salvatore (January 19, 2016, 10:10 PM EST) -- A New York federal judge dismissed claims against Deutsche Bank and Wells Fargo on Tuesday with regard to the lion's share of more than $1 trillion of claimed losses in mortgage-backed-securities investments, declining to take up the heavily state-law-based suits but giving the plaintiffs one more shot....

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