JPMorgan Chase agrees to pay $4.5 billion on mortgage security claims

JPMorgan Chase agrees to pay $4.5 billion on mortgage security claimsCredit: Reuters/Eduardo Munoz People walk inside JP Morgan headquarters in New York, October 25, 2013. The bank reached the agreement with 21 institutional investors in 330 residential mortgage-backed securities trusts issued by JPMorgan and Bear Stearns, which it took over during the financial crisis, according to the bank and lawyers for the investors.

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