THE BANKSTERS WERE ABUSING MORTGAGES FOR OVER A DECADE...

I didn't know that they had been fucking up the housing market for so long:

UPDATE 1-JPMorgan whistleblower gets $63.9 mln in mortgage fraud deal

Fri Mar 7, 2014 3:47pm EST
By Jonathan Stempel

(Reuters) - A whistleblower will be paid $63.9 million for providing tips that led to JPMorgan Chase & Co's agreement to pay $614 million and tighten oversight to resolve charges that it defrauded the government into insuring flawed home loans.

In the Feb. 4 settlement, JPMorgan admitted that for more than a decade it submitted thousands of mortgages for insurance by the Federal Housing Administration or the Department of Veterans Affairs that did not qualify for government guarantees.