Headline Details

JPMorgan to pay $500 million in mortgage settlement

Published on: Tue, 03 Feb 2015 15:17:28 UTC
News Agency: Reuters
Description:
NEW YORK (Reuters) - JPMorgan Chase & Co has agreed to pay $500 million to end more than six years of class action litigation over Bear Stearns' sale of $17.58 billion of mortgage securities that proved defective during the U.S. housing and financial crises.

Click here for FULL Story on Reuters

Also happening now

HeadlineNews Agency
Taiwan hair salon covers 'swastika' signs after outcry BBC
British and French planes scrambled to shadow Russian jets: source Reuters
Pakistan invites Saudi Arabia to join China's Belt and Road corridor Reuters
EU pushes for October Brexit agreement, but threatens no deal Reuters
Turkish court rules to release jailed opposition lawmaker: Anadolu Reuters