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.
From robots to real connection: Arizona initiatives take on letter writing
Two Arizona-based projects have created new approaches to the personalization of letter writing: One uses robots and another encourages writing through monthly prompts. Julia Schamko