JPMorgan debt relief could lead to terrifying tax bills for underwater homeowners
February 05, 2014 at 09:59 AM EST
In November, JPMorgan Chase reached a $13 billion settlement with the US Department of Justice over the bank’s actions in the run-up to and during the financial crisis, and well over $1 billion of that money was ticketed to help pay down the principal on home loans the bank holds...