JPMorgan Chase Reaches $4.5 Billion Settlement Over Housing Collapse

Karen Freifeld, Reuters via The Huffington Post JPMorgan Chase & Co has agreed to pay $4.5 billion to settle claims by investors who lost money on mortgage-backed securities in the collapse of the U.S. housing market, a person familiar with the matter said. The bank will make a binding offer to the trustees of 330 residential […]