Assured Guaranty and Deutsche Bank Settle RMBS Claims for $165.6 Million

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Explore:  RMBS Settlement

On May 10, 2012, Assured Guaranty announced that it had reached a $165.6 million settlement with Deutsche Bank resolving claims related to RMBS transactions issued, underwritten or sponsored by Deutsche Bank that were insured by Assured Guaranty under financial guaranty insurance policies. The settlement also resolved claims related to RMBS exposures in re-securitization transactions on which Assured Guaranty provided credit protection through credit default swaps. The claims resolved by this settlement were not yet in litigation. Press Release.

Topics:  RMBS, Settlement

Published In: Business Torts Updates, Finance & Banking Updates, Insurance Updates, Securities Updates

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