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Morgan Stanley to consolidate mortgage operations

Story date: 2007-10-02 05:33:00
Added on: 2007-10-02 20:00:40


Houston Chronicle - The mortgage industry plunged into distress this summer as more borrowers missed payments on their home loans and investors soured on risky mortgage debt. This made it harder to sell home loans and forced dozens of lenders out of business. The company ...


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