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JPMorgan in $5.1 billion deal with housing agency

Last Updated: Saturday, October 26, 2013, 08:55

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.

JPMorgan in $4 billion deal with US housing agency

Last Updated: Saturday, October 19, 2013, 10:31

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.