KTEP - El Paso, Texas

JPMorgan, Feds Finalize Record $13 Billion Mortgage Settlement

Nov 19, 2013
Originally published on November 19, 2013 3:54 pm

A long-awaited deal between JP Morgan Chase and the Justice Department was finalized Tuesday. The bank — one of Wall Street's largest — agreed to pay a total of $13 billion to resolve a number of legal issues stemming from mortgage securities sold in the run-up to the financial crisis.