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February 23, 2012

JPMorgan Places $72 Billion Bet on Global Homeowners

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JPMorgan Chase & Co. (JPM) has more than tripled its holdings of mortgage securities without U.S. government guarantees to $ 72 billion as the nation's biggest bank bets on borrowers from outside the country it calls home. The investments swelled $ 8.4 billion in the fourth quarter, climbing from ... FF News: Fundamental

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