Tag Archives: Morgan Stanley

The GSE has added Heidi Mason to assume general counsel responsibilities, and has named ex-Ginnie Mae President Kevin Chavers and Luke Hayden to its Board of Directors.

Subservicer adds industry vet tasked with charting the company’s talent acquisition and succession planning.

As a Board member of Veptas Inc. the mortgage industry veteran will also focus on developing strategic relationships for its technologies and services.

According to a tally released Tuesday by New York-based investment banking firm Keefe, Bruyette & Woods, banks have been fined $243 billion since the financial crisis in 2008. As reported by Marketwatch, repayment of the fines involves a mixture of ...

Morgan Stanley has now completed 77 percent of its consumer relief obligations per its legal settlement with the State of New York. With the recent approval of nearly $200 million in credit, the organization has now satisfied $309.1 million or the total $400 million it owes. The settlement stems from a 2016 case regarding residential mortgage-backed securities.

Announcing forthcoming rate hikes too early could actually constrain the market, a top Morgan Stanley strategist said.

An independent monitor declared that Morgan Stanley is off to a "good start' toward fulfilling its consumer relief obligation under the terms of a February 2016 RMBS settlement.

Under a settlement with federal and state regulators in connection with mortgage-backed securities practices, Morgan Stanley has begun to fulfill its consumer relief obligations.

Following a difficult first quarter, Morgan Stanley welcomed the news that the investment banking firm’s net income rose substantially and beat expectations.

Morgan Stanley became the latest financial firm to see its profits drop off in the first quarter. What drove the decline?