Finance
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Morgan Stanley to Scale Back on Residential Mortgages
Feb 13, 2008Morgan Stanley said Wednesday that it will lay off 1,000 employees in the U.S. and the UK as it moves to retrench its ailing residential mortgage business. Citing “continued deterioration in the mortgage markets,” the firm said it will close its UK-based mortgage business, Advantage Home Loan, while it cuts back on its U.S. footprint as well.
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Legg Mason Raises Countrywide Stake; Others Jockey for Position As Well
Feb 13, 2008 -
MGIC Posts Huge Q4 Loss, Says More to Come
Feb 13, 2008 -
Credit Suisse: $1.2 Billion in Write-Downs Never Looked So Good
Feb 12, 2008 -
Direct Marketing Falters Amid Industry Downturn
Feb 12, 2008 -
ForeclosureS.com President is Bullish on Housing; ‘The real estate sale is on’
Feb 12, 2008 -
OCC Proposes Expansion of Community Reinvestment Act
Feb 12, 2008 -
Commentary: On Project Lifeline, Loss Mitigation and PR Stunts
Feb 12, 2008 -
Title Insurers Hit with Price Fixing Suit in New York
Feb 12, 2008 -
FHA Launches Letter-Mailing Campaign, Targets At-Risk Borrowers
Feb 11, 2008
