ECONOMY -- October 25, 2013 at 5:02 PM ET
JPMorgan pays $5.1 billion to settle mortgage claims
BREAKING: JPMorgan paying $5.1B to resolve US claims over mortgage securities sold to Fannie, Freddie.— The Associated Press (@AP) October 25, 2013
JPMorgan announced a broad $13.1 billion settlement with the Justice Department earlier this week over the bank's activities leading up to the financial crisis of 2008. This settlement is is part of that deal.