JPMorgan discloses lawsuits related to the foreclosure halt

11/10/2010 | Wall Street Journal, The

JPMorgan Chase followed other Wall Street banks in disclosing a number of lawsuits it is facing related to the underwriting of mortgages. The filing said the assessment of the bank's foreclosure process is ongoing. The bank reiterated that it believes the underlying facts that led to the foreclosures are "materially accurate."

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