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JPMorgan paying $5.1B in Fannie, Freddie deal

October 26, 2013
By MARCY GORDON , The Associated Press

WASHINGTON - JPMorgan Chase has agreed to pay $5.1 billion to resolve claims that it misled Fannie Mae and Freddie Mac about risky home loans and mortgage securities it sold them before the housing market collapsed.

 
 

 

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