NPR |
Michigan, hard-hit Detroit in line to share in $ 13 billion JP Morgan payout
Detroit Free Press The State of Michigan, and hard-hit areas like Detroit, are likely to get a share of the record $ 13-billion settlement paid by banking giant JPMorgan Chase to the federal government over toxic mortgages that sparked the Great Recession in 2008. Some $ 4 … JPMorgan mortgage settlement is biggest in US history JP Morgan Is Haunted by a 2006 Decision on Mortgages JPMorgan agrees $ 13 billion settlement with US over bad mortgages |