JPMorgan’s Jamie Dimon’s not sweating the bad mortgage problem hanging over the bank. The chief executive said last week that JPMorgan has set aside enough in reserves to deal with potential settlements and litigation related to charges that the bank improperly documented home mortgages.
Mortgage mess not a concern
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NAR settlement terms slated to go into effect in mid-August
In a letter to members on Friday, NAR chief legal officer Katie Johnson outlined the policy changes that are coming into effect in August.