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OCC pulls JPMorgan consent order but issues CMP

Columbus, OH
01/04/2016
Fine Amount: 
$48 million
Penalty Type: 
Issued by: 

The Office of the Comptroller of the Currency has announced the termination of a mortgage servicing-related consent order issued in 2011 against JPMorgan Chase Bank, N.A. (JPMorgan) (the agency had determined the bank currently complies with that order), but assessed civil money penalties of $48 million against the bank for previous violations of the order. The agency determined that JPMorgan violated its consent order from October 1, 2014, through June 30, 2015.

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