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JPMorgan agrees to pay $5.1B to resolve claims it misled Fannie, Freddie

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25 Oct 2013 21:05 #160032 by chairman

JPMorgan agrees to pay $5.1B to resolve claims it misled Fannie, Freddie


WASHINGTON - JPMorgan Chase, the country's largest bank, has agreed to pay $5.1 billion to resolve claims it misled Fannie Mae and Freddie Mac about risky home loans and mortgage securities it sold them before the housing market collapsed.
Always tell someone how you feel because opportunities are lost in the blink of an eye but regret can last a lifetime.
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Ibrahim
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