Morning Scan: The Evolving Mortgage Market; Sandy Weill's New J...

01/10/14

Receiving Wide Coverage ...

More Big Bank Fines Looming? Wall Street banks could wind up paying a total of $50 billion to put crisis-era mortgage-related allegations behind them, says Dealbook. The figure is based off of "interviews and a confidential analysis of the industry's potential legal exposure" that used JPMorgan Chase's record $13 billion mortgage settlement as a template. Following that deal, it's been widely believed other big banks (particularly Bank of America) were on the...

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