{"id":8807,"date":"2013-08-08T18:47:21","date_gmt":"2013-08-08T18:47:21","guid":{"rendered":"http:\/\/praag.org\/?p=8807"},"modified":"2013-08-08T18:47:21","modified_gmt":"2013-08-08T18:47:21","slug":"jpmorgan-facing-criminal-probe-over-mortgage-bonds","status":"publish","type":"post","link":"https:\/\/praag.org\/?p=8807","title":{"rendered":"JPMorgan facing criminal probe over mortgage bonds"},"content":{"rendered":"<p style=\"text-align: justify;\"><a href=\"http:\/\/praag.org\/wp-content\/uploads\/2013\/08\/JP-Morgan-Chase-building-007.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-8808\" alt=\"JP-Morgan-Chase-building--007\" src=\"http:\/\/praag.org\/wp-content\/uploads\/2013\/08\/JP-Morgan-Chase-building-007-300x180.jpg\" width=\"300\" height=\"180\" srcset=\"https:\/\/praag.org\/wp-content\/uploads\/2013\/08\/JP-Morgan-Chase-building-007-300x180.jpg 300w, https:\/\/praag.org\/wp-content\/uploads\/2013\/08\/JP-Morgan-Chase-building-007.jpg 460w\" sizes=\"auto, (max-width: 300px) 85vw, 300px\" \/><\/a>JPMorgan says it is facing a federal criminal probe relating to mortgage-backed securities sold in the run-up to the financial crisis.<\/p>\n<p style=\"text-align: justify;\">The New York-based bank says it received notice in May that the civil division of the U.S. Attorney&#8217;s office for the Eastern District of California had concluded JPMorgan violated certain federal securities laws in connection with the sale of mortgage-backed securities.<\/p>\n<p style=\"text-align: justify;\">The probe, along with one by the office&#8217;s criminal division, relates to securities backed by subprime mortgages and so-called Alt-A mortgages, loans that are less risky than subprime loans, but riskier than prime loans.<\/p>\n<p style=\"text-align: justify;\">JPMorgan Chase &amp; Co. made the disclosure in a regulatory filing late Wednesday.<\/p>\n<p style=\"text-align: justify;\">The disclosure came a day after the U.S. government accused Bank of America Corp. of civil fraud. &#8211; AP<\/p>\n","protected":false},"excerpt":{"rendered":"<p>JPMorgan says it is facing a federal criminal probe relating to mortgage-backed securities sold in the run-up to the financial crisis. The New York-based bank says it received notice in May that the civil division of the U.S. Attorney&#8217;s office for the Eastern District of California had concluded JPMorgan violated certain federal securities laws in &hellip; <a href=\"https:\/\/praag.org\/?p=8807\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;JPMorgan facing criminal probe over mortgage bonds&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":8808,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,3],"tags":[4926,4924,4925],"class_list":["post-8807","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-and-finance","category-news","tag-criminal-probe","tag-jpmorgan-chase","tag-mortgage-bonds"],"cc_featured_image_caption":{"caption_text":false,"source_text":false,"source_url":false},"jetpack_featured_media_url":"https:\/\/praag.org\/wp-content\/uploads\/2013\/08\/JP-Morgan-Chase-building-007.jpg","_links":{"self":[{"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/posts\/8807","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8807"}],"version-history":[{"count":1,"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/posts\/8807\/revisions"}],"predecessor-version":[{"id":8809,"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/posts\/8807\/revisions\/8809"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/media\/8808"}],"wp:attachment":[{"href":"https:\/\/praag.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}