Violation Tracker Individual Record

Company: 
JPMorgan Chase & Co.
Current Parent Company: 
JPMorgan Chase
Penalty: 
$5,333,600,000
Primary Offense: 
mortgage abuses
Violation Description: 

The federal government and 49 state attorneys general reached a $25 billion agreement with the nation's five largest mortgage servicers to address mortgage loan servicing and foreclosure abuses. The penalty figure is the total of the amounts specified in the the individual company's consent judgment for direct payments and homeowner relief.

Year: 
2012
Agency: 
Justice Department multiagency referral
Civil or Criminal Case: 
civil
HQ Country of Parent: 
USA
HQ State of Parent: 
New York
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.