JPM, FHFA Pact Sets High Bar

The $4 billion settlement between JPMorgan Chase and the U.S. Federal Housing Finance Agency over mortgage-backed securities sold to Fannie Mae and Freddie Mac sets “a relatively high bar” for other banks looking to reach similar agreements, according to Fitch Ratings.

  • 29 Oct 2013

The $4 billion settlement between JPMorgan Chase and the U.S. Federal Housing Finance Agency over mortgage-backed securities sold to Fannie Mae and Freddie Mac sets “a relatively high bar” for other banks looking to reach similar agreements, according to Fitch Ratings.

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1 BNP Paribas 10,542 20 17.55
2 Bank of America Merrill Lynch (BAML) 6,103 21 10.16
3 Citi 5,130 13 8.54
4 JP Morgan 4,681 6 7.79
5 Morgan Stanley 4,137 11 6.89

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