Monday Morning Cup of Coffee: JPM Chase agrees to massive mortgage settlement

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JPMorgan Chase has agreed to pay $13 billion, including $4 billion for consumer relief and $6 billion to investors who lost big during the bank’s risky mortgage securities schemes. This settlement.

On the bullish side of the Dow, Goldman led the way higher with a 1% rise, while JPMorgan Chase followed with an advance. The reported $2 billion settlement is just one of many huge settlements.

Citigroup confirmed the deal early Monday. the second big Wall Street bank to settle a federal probe into its mortgage practices in the years leading up to the housing crash. In November, JPMorgan.

That’s why I love making treats.New Kansas City land bank ready to receive properties Monday Morning Cup of Coffee: JPMorgan’s $13B mortgage settlement monday morning Cup of Coffee: OCC secretly stunted JPMorgan growth for years According to a Bloomberg report, U.S. regulators secretly stunted the growth of JPMorgan for almost six years.