JPMorgan Chase & Co. has agreed to pay $5.1 billion to settle claims with the Federal Housing Finance Agency related to its mortgage-backed securities and home loans sold to Freddie Mac and Fannie Mae. The settlement resolves part of a $13 billion deal New York-based JPMorgan (NYSE: JPM) is negotiating with the government and the firm’s largest mortgage-backed securities case.
Republicans’ assignment: Avert a global financial crisis over the U.S. debt limit
By AZ Mirror WASHINGTON — When Republicans won unified control of government during the November elections, they also won the responsibility to address the country’s