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"mortgage-backed securities" tag

Financial crisis bank fines hit record 10 years after market collapse

Since the outbreak of the financial crisis in 2007, financial institutions have paid more than Qatar’s GDP in fines for their wrongdoings. As investigations and lawsuits continue, that number is expected to grow. $150 billion...

JPMorgan Chase accused of massive fraud

New York state has filed a civil suit against JPMorgan Chase over the allegedly fraudulent sales of mortgage-backed securities. The suit comes just one month shy of the US presidential election. New York’s attorney general...