Tag: boom

JPMorgan $13 billion mortgage settlement expected Tuesday: sources

  JPMorgan Chase & Co (JPM.N) is expected to sign a $13 billion agreement with the U.S. government on Tuesday to settle claims it overstated the quality of mortgages sold to investors during the housing boom, two people familiar with the matter said. The civil settlement would mark the end […]

Analysis: Nigeria’s property boom: only for the brave

On one of the most exclusive streets in Nigeria’s capital sits a crumbling mansion with an unwelcoming message painted at its entrance: “BEWARE! THIS HOUSE IS NOT FOR SALE”. The warning refers to a popular property scam. In the most elaborate version, robbers break into your house while you are […]