Should You Really Feel Good About The JP Morgan Mortgage Settlement?
13 months ago the newly formed┬áResidential Mortgage-Backed Securities Working Group sued JP Morgan for their contributions to the financial crisis through their mortgage activities. Yesterday the two parties reached a $13 Billion settlement which includes $9 billion in restitution and $4 billion in help for homeowners and communities impacted by high foreclosure rates. Clearly this... Read more »