United States Associate Attorney General

JPMorgan Chase will pay $13 billion settlement in mortgage case

JPMorgan Chase will pay $13 billion settlement in mortgage case

A person familiar with negotiations between the federal government and JPMorgan Chase & Co. says the bank has tentatively agreed to pay $13 billion to settle allegations surrounding the quality of mortgage-backed securities it sold in the run-up to the 2008 financial crisis. The person tells The Associated Press that the tentative settlement was negotiated […]