Nov 19, 2013 — The Justice Department announces that JPMorgan Chase will pay $13 billion to settle U.S. claims over the sale of troubled mortgages. The deal includes a $4 billion payment for consumer relief. More than half of the record settlement amount will be tax-deductible, the banking giant says.
Oct 11, 2013 — The country's biggest bank by assets is reeling from a $920 million penalty for failing to control risky trades and faces a multi-billion dollar settlement for mortgage abuse.
Jan 7, 2013 — Some borrowers who were mistreated during foreclosures will receive compensation. The payments will range from hundreds of dollars to $125,000. The agreement ends a case-by-case review of the banks' actions.
Mar 16, 2012 — A former employee describes what life was like inside a giant mortgage lender back in 2006. It's not pretty.
Feb 10, 2012 — There's been some skepticism about how much help the $25 billion package will give hard-hit homeowners. HUD Secretary Shaun Donovan says there are other remedies for those who were devastated.
Oct 4, 2011 — Warnings were given but action wasn't taken, an inspector general says. Read the report.
Jan 29, 2010 — On today's podcast, tough decisions for underwater homeowners.