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Loan Modification

: Mortgage Lender Implode-o-Meter

Morgan Stanley to Pay $102m in Subprime Settlement with Massachusetts AG

By Implode-Explode Heavy Industries

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"Morgan Stanley (MS: 24.26 -3.08%) will pay $102m to the Commonwealth of Massachusetts and more than 1,000 homeowners in a settlement that brings to a close an investigation into the investment firm's subprime mortgage securitization and financing practices, Massachusetts attorney general Martha Coakley's office announced Thursday."

Full post as published by Mortgage Lender Implode-o-Meter on June 24, 2010 (boomark / email).

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