JPMorgan reportedly selling $373M prime new issue RMBS

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JPMorgan reportedly selling $373M prime new issue RMBS JPMorgan Chase ( JPM) told HousingWire.com the bank will decline comment on a Bloomberg news item suggesting the lender is about to sell $373 million prime new issue residential mortgage-backed securities.

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JPMorgan faces several criminal and civil investigations into its packaging and selling. the regulator JPMorgan “neither admits nor denies the violations”, clouding the prospects for a prosecution..

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 · JPMorgan Chase told HousingWire.com the bank will decline comment on a Bloomberg news item suggesting the lender is about to sell $373 million prime new issue residential mortgage-backed securities.

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The Justice Department, along with federal and state partners, today announced a $13 billion settlement with JPMorgan – the largest settlement with a single entity in American history – to resolve federal and state civil claims arising out of the packaging, marketing, sale and issuance of residential mortgage-backed securities (RMBS) by.

JPMorgan Chase told HousingWire.com the bank will decline comment on a Bloomberg news item suggesting the lender is about to sell $373 million prime new issue residential mortgage-backed securities.