JPMorgan paying $5.1B in Fannie, Freddie deal

Associated Press
JPMorgan paying $5.1B in Fannie, Freddie deal

FILE - In this Thursday, May 10, 2012, file photo, automobiles pass a JP Morgan Chase building in New York. JPMorgan said Friday, Oct. 25, 2013, that it has agreed to pay $5.1 billion to resolve claims that it misled Fannie Mae and Freddie Mac about risky mortgage securities it sold them before the housing market collapsed. (AP Photo/Frank Franklin II, File)

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