JPMorgan Faces $6B FHFA Fine to Settle Bad Loans

JPMorgan Faces $6B FHFA Fine to Settle Bad Loans Play

Aug. 28 (Bloomberg) -- Bloomberg "Market Makers" anchor Stephanie Ruhle reports that the U.S. FHFA seeks at least $6 billion from JPMorgan Chase & Co. as a settlement on civil claims the bank sold bad mortgage bonds to Fannie Mae and Freddie Mac and looks at the growing total of legal fees paid by banks since the financial crisis in 2008. She speaks on Bloomberg Television's "In The Loop."

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