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CHISINAU, Moldova (AP) — In the backwaters of Eastern Europe, authorities working with the FBI have interrupted four attempts in the past five years by gangs with suspected Russian connections that sought to sell radioactive material to Middle Eastern extremists, The Associated Press has learned. The latest known case came in February this year, when a smuggler offered a huge cache of deadly cesium — enough to contaminate several city blocks — and specifically sought a buyer from the Islamic State group.
JPMorgan Chase & Co, looking to stem falling revenue in its mortgage business as fewer Americans refinance, is increasingly buying loans from smaller lenders, a practice that competitors including Bank of America view as risky. While other big banks buy mortgages from other lenders, known as correspondents, JPMorgan has racked up the biggest increase among its peers in the proportion of loans it buys from others, according to data from trade publication Inside Mortgage Finance. JPMorgan is fighting for business in what has been a shrinking market.