Kroll Bond Rating Agency assigns preliminary ratings to forty-two classes of mortgage pass-through certificates from WinWater mortgage loan Trust 2015-1 , a prim
JPMorgan Chase & Co has agreed to pay $500 million to end more than six years of class action litigation over Bear Stearns' sale of $17.58 billion of mortgage securities that proved defective during the U.S. housing and financial crises. The all-cash settlement was made public late Monday, and requires approval by U.S. District Judge Laura Taylor Swain in Manhattan. It resolves claims that Bear …