Morgan Stanley Still On The Hook For Robo-Signing, Fed Says

April 03, 2012   |   April 2012 Bond Updates
Despite getting rid of its mortgage servicing unit, Morgan Stanley is still on the hook for robo-signing or any other improper foreclosure proceedings incurred from 2009 to 2010.  The Federal Reserve announced that on Tuesday, noting it had issued a consent order against Morgan Stanley, just like it did against Goldman Sachs last year.

View more at: http://www.forbes.com/sites/afontevecchia/2012/04/03/morgan-stanley-still-on-the-hook-for-robo-signing-fed-says/
 
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