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    JPMorgan Nears Multibillion-dollar Mortgage Settlement: NY Post

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    Wochit Headline News

    by Wochit Headline News

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    The New York Post reported JP Morgan Chase & Co could reach a multibillion-dollar deal putting an end to the bank's woes from mortgage securities related investigations. The bank and government officials met to try to negotiate a settlement in the $11 billion range to resolve many of the probes into how it sold mortgage bonds before the financial crisis.