Even though JPMorgan Chase reported strong earnings for the fourth quarter, the hangover from the mortgage crisis and the resulting loan 'buy backs' forced on the company by Fannie Mae and Freddie Mac are continuing to hurt its bottom line.

In an earnings conference call Friday morning, chairman and CEO Jamie Dimon told analysts that repurchases are a worsening problem for the company and the industry at large. He noted that "you can assume" purchase requests on broker-sourced loans "will be worse."

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