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Thursday, October 20, 2011

JPMorgan, BofA Push Tally for Faulty Mortgages to $69 Billion

JPMorgan, BofA Push Tally for Faulty Mortgages to $69 Billion Oct. 20 (Bloomberg) -- JPMorgan Chase & Co. disclosed $1.3 billion of new expenses tied to faulty mortgages and foreclosures in its third quarter, pushing the bill for the five biggest home lenders since 2007 to almost $69 billion. ... JPMorgan, BofA Push Tally for Faulty Mortgages to $69 Billion

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