Investments

JPMorgan mortgage securities lawsuit dismissed

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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With record-low mortgage rates, originators and real estate agents aren’t taking a holiday anytime soon

Low rates are making this summer one for the record books. Accordingly, loan officers, underwriters, real estate agents and those working in title and settlement offices are continuing to work the long hours that have become the norm since March. Not that they’re complaining.

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3d rendering of a row of luxury townhouses along a street

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