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: Mortgage Lender Implode-o-Meter

Morgan Stanley Settles With Washington D.C. Attorney General; Agrees to Pay $600,000

By Implode-Explode Heavy Industries

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" Attorney General Peter Nickles announced today that his office has entered into an agreement with Morgan Stanley & Company, a New York investment banking firm, that resolves an investigation into Morgan Stanley?s mortgage warehouse financing practices relating to subprime home loans in the District from 2004 to 2007."

Full post as published by Mortgage Lender Implode-o-Meter on July 29, 2010 (boomark / email).

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