Relevant:
- JPMorgan agrees to tentative $13 billion settlement with U.S. over bad mortgages
- The JPMorgan Settlement Isn't Justice
- Wells Fargo reaches $1.2 billion U.S. mortgage settlement
- Citigroup Nears $7 Billion Deal to Resolve Mortgage Probe - WSJ
- Wall Street predicts $50 billion bill to settle US mortgage suits
2013-10-19 — huffingtonpost.com
``News of the deal comes just a day after a JPMorgan was reported to have reached a tentative $4 billion settlement with the Federal Housing Finance Agency over claims it sold bad mortgages to government agencies ahead of the financial crisis
At $13 billion, the potential settlement with the Justice Department exceeds estimates in September that JPMorgan would end up paying as much as $11 billion over the allegations. If finalized, the settlement would be the largest the U.S. government has ever made with a single company, according to WSJ.''
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.