FHFA Seeks $6 Bln From JPM To Settle RMBS Claims

28 Aug 2013

The U.S. Federal Housing Finance Agency is said to be seeking at least $6 billion from JPMorgan Chase to settle claims that the bank sold toxic mortgage-backed securities to Fannie Mae and Freddie Mac.

The U.S. Federal Housing Finance Agency is said to be seeking at least $6 billion from JPMorgan Chase to settle claims that the bank sold toxic mortgage-backed securities to Fannie Mae and Freddie Mac.

Click here to read the story from Bloomberg.

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