Tag Archives: MortgageBacked

JPMorgan Chase Agrees to Pay $4.5 Billion Over Bad Mortgage-Backed Securities

Filed under: Mortgages, Real Estate, Banks, Investment Fraud, Securities Alamy By Karen Freifeld NEW YORK — JPMorgan Chase & Co (JPM) said on Friday it agreed to pay $ 4.5 billion to settle claims by investors who lost money on mortgage-backed securities before the collapse of the U.S. housing market. The bank reached the agreement with 21 institutional investors in ...

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