Chase officially satisfies $4 billion RMBS settlement consumer-relief requirement

In his ninth and final report, Joseph Smith, monitor of the JPMorgan Chase Residential #mortgage-Backed Securities Settlement, credited Chase with more than its required $4 billion of consumer relief obligation. The settlement dates all the way back to claims that Chase, Bear Stearns and Washington Mutual packaged and sold bad residential #mortgage-backed securities to investors before the financial crisis. http://www.housingwire.com/articles/38095-chase-officially-satisfies-4-billion-rmbs-settlement-consumer-relief-requirement ❤️ #share #mortgage