residential mortgage backed securities
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Latest blogosphere posts tagged “residential mortgage backed securities”
Questionable mortgage lending practices of Wall Street banks were long the concern of the Department of Justice, but several key lawsuits against JPMorgan Chase ( NYSE:JPM ) and Bank of America ( NYSE:BAC ) are finally winding down. Accusations brought against JPMorgan have served as a symbol of the government’s ...1 week ago
If anyone believed JPMorgan ( NYSE:JPM ) had untangled itself from the web of lawsuits, that person was mistaken. The nation’s largest bank announced a $4.5 billion settlement had been reached with investors over residential mortgage-backed securities sold to them by Bear Sterns, JPMorgan, and Chase Bank ...3 weeks ago
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