Federal Reserve Board Announces Consent Order Against Morgan Stanley

by Gary Kopycinski on April 3, 2012

Gary Kopycinski Author

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Washington, DC–(ENEWSPF)–April 3, 2012. The Federal Reserve Board on Tuesday announced a Consent Order against Morgan Stanley to address a pattern of misconduct and negligence in residential mortgage loan servicing and foreclosure processing at its subsidiary, Saxon Mortgage Services, Inc.