US housing boom

JPMorgan in $5.1 billion deal with housing agency

JPMorgan Chase & Co has agreed to pay $5.1 billion to settle claims that it and firms it bought misled Fannie Mae and Freddie Mac about the quality of mortgage securities and home loans it sold to them during the housing boom.

Oct 26, 2013, 08:55 AM IST

JPMorgan in $4 billion deal with US housing agency

JPMorgan is seeking a single settlement to resolve all claims from federal and state agencies over its mortgage-related liabilities stemming from the bust in house prices.

Oct 19, 2013, 10:31 AM IST