JPMC is actually a financial and you can financial attributes team headquartered from inside the The latest York

The Agencies out-of Fairness today revealed you to definitely JPMorgan Chase (JPMC) will pay $614 million to have breaking the brand new False Says Work from the knowingly originating and you will underwriting low-compliant mortgages registered having insurance and you can claims by the Agency away from Houses and you may Urban Development’s (HUD) Federal Casing Administration (FHA) plus the Agencies out of Pros Situations (VA).