Lawsuits that charge Goldman Sachs (GD) and Deutsche Bank (DB) with misleading mortgage investors may proceed, a federal judge in Manhattan has ruled.

The decisions mean the companies must prepare to defend themselves against allegations by the Federal Housing Finance Agency of wrongdoing in the sale of securities backed by residential mortgages.   U.S. District Judge Denise Cote, of the southern district of New York, made the rulings Monday. Cote had previously ruled that the FHFA my proceed with lawsuits that accuse JPMorgan Chase (JPM) and Bank of America's (BAC) Merrill Lynch unit with misleading investors.

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