Morgan Stanley Mortgage Derivative Probe | featured news

N.Y. probes 8 banks on mortgage security ratings

N.Y. probes 8 banks on mortgage security ratings

The New York attorney general has launched an investigation into eight banks to determine whether they misled ratings agencies about mortgage securities, according to a person familiar with the investigation.

 

Morgan Stanley shares fall as it reportedly faces probe into sales of mortgage securities

Morgan Stanley shares fall as it reportedly faces probe into sales of mortgage securities

Morgan Stanley shares dropped Wednesday following a report that the investment bank is facing an investigation into mortgage derivative deals.

 

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