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Tag: Morgan Stanley

aclu Vs Morgan stanley

ACLU Sues Morgan Stanley for Discriminatory Lending

Industry, Politics & Econ October 15, 2012April 20, 2016 John Maseredjian 0 Comments

Yet another lawsuit has been filed against the “big banks” in relation to the lending standards and practices employed by the companies leading up to the housing market crash.  What seperates this case from others is the fact that this is the first case brought by homeowners (not government) against an investment bank.

FHFA Sues 17 of Nation’s Biggest Banks

Industry September 8, 2011April 20, 2016 John Maseredjian 0 Comments

The Federal Housing Finance Agency sues 17 big banks alleging that the mortgage-backed securities they sold violated securities laws.

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