US Seeking $6B From JPMorgan In Bad MBS Suit

By Jeff Sistrunk · August 27, 2013, 9:40 PM EDT

The Federal Housing Finance Agency wants banking giant JPMorgan Chase & Co. to pay $6 billion to resolve claims it misrepresented the quality of mortgage-backed securities it sold to Fannie Mae and Freddie Mac...

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Case Information

Case Title

Federal Housing Finance Agency v. JPMorgan Chase & Co. et al

Case Number

1:11-cv-06188

Court

New York Southern

Nature of Suit

Securities/Commodities

Date Filed

September 02, 2011