JPMorgan settlement hurts mortgages: BlackRock

JPMorgan Chase has reached a US$4.5 billion settlement with US investors who said the bank deceived them about bad mortgage investments. The deal is the latest in a series of legal settlements. The deal is the latest in a series of legal settlements.

Mortgages: blackrock brutal weather impacts. mortgage applications slide 0.6% from last week Mortgage applications fell 5.8% on a seasonally-adjusted. Clayton Holdings hires new senior managing director of lending services JPMorgan settlement hurts mortgages: blackrock brutal weather.

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JPMorgan Chase & Co.’s (JPM) record $13 billion settlement with the U.S. government over past mortgage practices is undermining the current market, according to BlackRock Inc. (BLK).

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