Long Beach Securities Corp.

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JPMorgan sues NCUA for allegedly breaching a mortgage settlement

Jul 10, 2017By

Long Beach Securities Corp., a subsidiary of JPMorgan Chase, filed a lawsuit last week against the National Credit Union Administration for allegedly breaching a $1.4 billion settlement agreement. The previous settlement relates to toxic residential mortgage-backed securities.

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

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