House approves higher FHA conforming loan limits

JPMorgan Chase reportedly settles with FHFA for $4B DBRS settles with SEC over misrepresenting mortgage bond rating capabilities DBRS Inc. agreed to pay nearly $6 million to settle Securities and Exchange Commission claims that the credit-ratings firm misrepresented how it monitored ratings of complex real-estate securities.JPMorgan to Suffer $4B Compliance Hit in 2013: Report.. JPMorgan Chase ( JPM – Get Report). is looking for JPMorgan to cough up $6 billion to settle claims the bank falsely claimed loans.

“But the benefit of higher loan limits accrues to those taking a mortgage of between $453,100 and $484,350, or $679,650 to $726,525 in designated high cost markets, and won’t impact many first.

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