The New York Times rambles, and mangles mortgages along the way

The New York Times rambles, and mangles mortgages along the way

Mortgage finance and mortgage regulation aren’t the paper’s strong suits

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Investments / The Ticker

JPMorgan settlement with FHFA imminent

WSJ: It could come as early as Friday afternoon

balance money and clock
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JPMorgan Chase (JPM) is rumored to have reached a $4 billion settlement with the Federal Housing Finance Agency over legacy mortgage issues. Terms of the settlement could come as early as Friday afternoon, Seeking Alpha reports. The news publication added:

The rest of the settlement - supposedly $9B and with the DOJ on the other side of the table - awaits a final thumbs up from both parties.

Source: Seeking Alpha
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