0 minute readA federal judge on Wednesday approved a $153.6 million settlement between JPMorgan Chase & Co. and the top U.S. market regulator over allegations a mortgage CDO product defrauded the bank’s investors at the time of the housing market collapse. The U.S. Securities and Exchange Commission and the second-largest U.S. bank announced the settlement on June 21 of civil charges over JPMorgan’s collateralized debt obligation marketed as Squared CDO 2007-1.
Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio
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Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio
