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Trust Sues JP Morgan's EMC Mortgage Unit Over Loan Pool Purchase -Bloomberg

DOW JONES NEWSWIRES J.P. Morgan Chase & Co. (JPM) unit EMC Mortgage was sued by a trust that formed in 2006 and bought a pool of residential mortgage loans from EMC, Bloomberg News reported Friday. EMC is a former Bear Stearns unit. SACO I Trust 2006-5 alleges EMC made "numerous breaches of representations and warranties" about the quality of the loans, Bloomberg reported. The trust is seeking damages of at least $293 million plus interest, Bloomberg reported. A J.P. Morgan spokeswoman didn't immediately a return an email from Bloomberg seeking comment. Full story at http://www.bloomberg.com/news/2012-05-25/emc-mortgage-sued-by-securitization-trust-in-new-york-2-.html -Dow Jones Newswires; 212-416-2900

Stock News for Jp Morgan Chase (JPM)
DateTimeHeadline
07/29/201617:24:21Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
07/29/201617:16:07Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
07/29/201617:14:46Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
07/29/201617:01:21Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
07/29/201616:58:42Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
07/29/201616:53:55Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
07/29/201615:42:25Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
07/29/201615:31:29Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
07/29/201615:03:06Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
07/29/201614:59:05Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
07/29/201614:41:49Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
07/29/201614:40:01Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
07/29/201614:39:34Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
07/29/201614:08:29Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
07/29/201611:11:07Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
07/29/201606:02:29Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
07/29/201606:02:29Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
07/29/201606:02:27Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
07/29/201606:02:27Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
07/29/201606:02:27Prospectus Filed Pursuante to Rule 424(b)(8) (424b8)

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