New York Attorney General Sues JP Morgan Chase Over Alleged Mortgage-Backed Securities Fraud

New York Attorney General Sues JP Morgan Chase Over Alleged Mortgage-Backed Securities Fraud: New York Attorney General Eric Schneiderman (D) has filed a civil lawsuit against JP Morgan Chase alleging “widespread fraud in the sale of mortgage-backed securities,” the Wall Street Journal reports. The suit is the first action brought by the Obama administration’s mortgage fraud task force, which Schneiderman chairs. According to the Huffington Post’s Mark Gongloff, [...]/p