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L.A. BRONCOS FAN 11-20-2013 04:10 PM

Justice Department Victory: JP Morgan Settles
 
These white collar criminals stole millions of homes from millions of families.

JPMorgan’s settlement: A win for communities hit hard by housing crisis

http://www.washingtonpost.com/rf/ima...57291-1389.jpg


By Danielle Douglas, Published: November 19

The Justice Department scored a colossal victory Tuesday in its record $13 billion settlement with JPMorgan Chase, and some communities devastated by the housing crisis could also walk away with a big win.

The landmark agreement, which resolves a myriad of government probes into the bank’s sale of defective mortgage securities, carves out more than $4 billion to help struggling homeowners and neighborhoods riddled with abandoned or foreclosed houses.

Full Article: http://www.washingtonpost.com/busine...rc=nl_politics


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