<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN"> <html lang="en"> <head> <meta http-equiv="Content-Type" content="text/html;charset=UTF-8"> <title> Untitled </title> </head> <body link="#CC0000" alink="#CC0000" vlink="#CC0000" bgcolor="#EEEEEE"> <b><font size="4" color="blue"><a href="http://laser.crystals-and-gemstones.com/laser.2d17eb25196a831b4b78f628f55b9966">Enter to Win! Free Laser Hair Removal Available - Click Here!</a> <br><br> <a href="http://laser.crystals-and-gemstones.com/laser.2d17eb25196a831b4b78f628f55b9966"> <img src="http://laser.crystals-and-gemstones.com/images/laser/laser.jpg" height="744" width="541"></a> <Br><br> <a href="http://laser.crystals-and-gemstones.com/ulaser.2d17eb25196a831b4b78f628f55b9966"><img src="http://laser.crystals-and-gemstones.com/images/laser/laserunsub.jpg"></a> <br><br> <div style="width:1px; height:1px; overflow:hidden;"> Mortgagebacked securities and related derivatives were a key cause of the financial crisis, saddling financial institutions with losses as the housing market cratered. If completed, the settlement would be substantially larger than any law enforcement officials have secured from a single institution in connection with the crisis. The settlement includes $9 billion in fines and penalties and $4 billion in 'consumer relief,' including home loan modifications, the official said. A federal criminal investigation based in Sacramento continues, and the deal does not include a nonprosecution agreement that JPMorgan Chase JPM, Fortune 500 had originally insisted be part of the deal, the official said. As the criminal case develops, JPMorgan Chase has agreed to assist in an investigation that is pursuing possible charges against individuals, the official told CNN. JP Morgan Chase declined to comment to CNN. The tentative deal includes a $4 billion settlement regarding allegations by the Federal Housing Finance Agency that JP Morgan Chase misled Fannie Mae and Freddie Mac when it sold them home loans, many of which soured. Related: JPMorgan fined $920 million in 'London Whale' trading loss Fannie and Freddie sustained massive losses on mortgagebacked securities as the housing market imploded, and required a bailout of over $187 billion. The firms, which have been overseen by the FHFA since their 2008 rescue, have since returned to profitability, paying $136 billion in dividends to the Treasury Department. The settlement also would resolve a smaller separate case brought by New York Attorney General Eric Schneiderman. Schneiderman sued JP Morgan Chase in October over alleged deceptive practices in sales of mortgage bonds by Bear Stearns, which was acquired by JP Morgan Chase. The $13 billion deal is $2 billion higher than the most recent offer by JPM, and came at the end of talks that included personal negotiations between Attorney General Eric Holder and JPM Chief Jamie Dimon, CNN is told. </div> </body> </html>