(CNN) - J.P. Morgan Chase has agreed to pay the U.S. government $13 billion in a settlement to resolve investigations of the banking giant's mortgage business.
That's according to a U.S. official familiar with negotiations between J.P Morgan and the U.S. Justice Department.
The settlement only applied to certain time frames and investigations - and does not cover a separate federal criminal investigation that is ongoing.
The deal includes $9 billion in fines and penalties and $4 billion in "consumer relief," such a loan modifications.
Final details of the agreement are expected in the coming days.
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