The NCUA on Monday would not confirm a report that it has agreed to a tentative settlement with JP Morgan over mortgage-backed securities sold to failed corporate credit unions.

Public Affairs Specialist John Fairbanks said he could not verify the accuracy of the report published Saturday in the Wall Street Journal, nor would he provide any details.

According to the report, the agreement is separate from a $13 billion settlement announced Monday that had been reached between JP Morgan and the Justice Department.

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