JPMorgan Settles RMBS Litigation Brought by Syncora

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Explore:  JPMorgan Chase RMBS

On February 24, monoline insurer Syncora Guarantee, Inc. announced that it had reached a settlement of RMBS litigation against JP Morgan Chase for an undisclosed sum. Syncora had alleged that J.P. Morgan and its affiliates misrepresented the quality of loans underlying RMBS securitizations insured by Syncora. Press Release.

Topics:  JPMorgan Chase, RMBS

Published In: Business Torts Updates, Finance & Banking Updates, Insurance Updates, Securities Updates

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