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JPMorgan faces lawsuit over mortgage fees

A U.S. District Judge rejected JPMorgan Chase’s attempt to dismiss fraud and unjust enrichment claims by the plaintiff borrowers, an article in Reuters said. 

Yvonne Gonzalez Rogers in Oakland, Calif. said JPMorgan (JPM) must face a lawsuit accusing the bank of illegally imposing marked-up or unnecessary fees on delinquent mortgage borrowers, the news agency reported.

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