Lessons from Past Mortgage Settlements Should Guide Department of Justice Settlement with JP Morgan Chase

WASHINGTON, D.C. – October 22, 2013 – (RealEstateRama) — Amid reports of Department of Justice negotiations of a multi-billion dollar settlement with JP Morgan Chase for securitizing faulty mortgages, 13 California organizations are calling for all future mortgage and foreclosure settlements to meet the needs of local communities and consumers most affected by unscrupulous practices.


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