JPMorgan Chase & Co. agreed to pay $153.6 million to resolve U.S. regulatory claims about its role in designing and selling a product linked to risky mortgages as the housing market unraveled in 2007, Bloomberg reported.

“Harmed investors will receive all of their money back,” the U.S. Securities and Exchange Commission (SEC) said today in a press release.

JPMorgan also agreed to improve the way it reviews and approves mortgage securities transactions.

The SEC is seeking to wrap up investigations into how banks bundled and sold investments tied to risky mortgages. The agency is targeting companies in various parts of the mortgage industry.

The SEC alleges JPMorgan structured and marketed a synthetic collateralized debt obligation (CDO). CDOs package assets such as mortgage bonds into new securities with varying risks. A surge in U.S. home loan defaults undermined the instruments.

For the full SEC press release, click here.