On the heels of Deutsche Bank’s $7.2 billion deal, Credit Suisse has finalized the terms of its own MBS-related settlement. The Swiss bank will pay $5.3 billion to resolve claims that it misled investors about the standards that the loans underlying its securities met – WSJ and Bloomberg and Law360

The Upshot looks at the near future for Fed Chair Yellen and finds it, ahem, bumpy – NYTimes

An update on what’s expected to be a busier year for IPOs than the abysmal 2016 – WSJ

JPMorgan will pay $55 million to resolve a seven-year investigation over alleged discriminatory mortgage charges for African-American and Hispanic borrowers – NYTimes and Law360

Meanwhile, the CFPB’s zeroed in on student loan servicer Navient—the nation’s largest—for “years” of “misle[adding] borrowers” and “serious mistakes at nearly every step of the collections process” – NYTimes and WSJ and Bloomberg and Law360

A surge in bonds backed by “risky single-family mortgages” has insiders worried about comparisons to pre-crisis-era lending and investing, especially now that nonbank FHA lenders account for 80 percent of the securities backed by these loans – WSJ

Forget about the long wait for the return of inflation. For many Americans, it’s very real, and it’s very now – WSJ

About that recent arrest of Samsung scion & current chief Jay Y. Lee . . . not so fast, it seems – NYTimes and Bloomberg

As the nation’s eyes turn to the White House (and its new occupants) tomorrow, the Times gives us a spin round the globe with this presidential palace quiz – NYTimes