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Fed Orders Review Of Thousands Of Morgan Stanley Foreclosures

Fed Orders Review Of Thousands Of Morgan Stanley Foreclosures

By Chris Morran April 3, 2012

Yesterday, Morgan Stanley finally finished selling off its one remaining unit involved in servicing subprime mortgages. Today, the Federal Reserve gave Morgan Stanley some unwelcome news: It must review thousands of foreclosures processed by that now-former subsidiary. [More]

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