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Real Estate & Property Law

: The Home Equity Theft Reporter

"Morgan Stanley Knew They Were Making Loans Designed To Fail!" Declares Massachusetts AG After Scoring $102M Settlement In Subprime Mortgage Case

By r morris

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In Boston, Massachusetts, The Boston Globe reports:Attorney General Martha Coakley has won a $102 million settlement from Wall Street?s Morgan Stanley & Co., money that will help more than 1,000 Massachusetts homeowners who are in foreclosure or saddled with unwieldy subprime mortgages.The deal, the first of its kind in the country with Morgan Stanley, followed an investigation by Coakley?s

Full post as published by The Home Equity Theft Reporter on June 27, 2010 (boomark / email).

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