JPMorgan settlement with FHFA imminent
WSJ: It could come as early as Friday afternoon
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.