(Scoboco)

Goldman Sachs, Morgan Stanley Hit With $557 Million Settlement Over Foreclosure Practices

While most of the headlines about abusive or half-baked foreclosure practices have focused on the huge retail banks — Wells Fargo, Bank of America, Citi, Chase, et al. — the big investment banks haven’t exactly been let off the hook. [More]

U.S. Investigating Morgan Stanley Subsidiary For Unlawfully Foreclosing On Military Families

U.S. Investigating Morgan Stanley Subsidiary For Unlawfully Foreclosing On Military Families

A Morgan Stanley unit is under investigation by the Justice Department for foreclosing on nearly two dozen military families without a court hearing, a violation of Federal law meant to protect active duty service members. [More]