New York’s fraud lawsuit against () over mortgage securities sold to investors must be dismissed because the time for bringing the claims has expired, the bank said.

New York Attorney General Eric Schneiderman’s complaint is barred by a three-year statute of limitations, JPMorgan said in papers dated Jan. 4 and filed in New York State Supreme Court in Manhattan.

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Historically low inventory continues driving home prices higher

The dramatically limited supply of houses for sale is continuing to drive increase in home prices as buyers are often left fighting over the few houses that are on the market.

Jan 28, 2020 By
3d rendering of a row of luxury townhouses along a street

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