JPMorgan paying $5.1B to resolve US claims over mortgage securities sold to Fannie, Freddie

  • Article by: MARCY GORDON , Associated Press
  • Updated: October 25, 2013 - 7:20 PM

WASHINGTON — JPMorgan Chase has agreed to pay $5.1 billion to resolve claims that it misled Fannie Mae and Freddie Mac about risky home loans and mortgage securities it sold them before the housing market collapsed.

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