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Home Posts tagged "over packaging subprime mortgage loans"

Morgan Stanley sued by ACLU for alleged mortgage bias

By joncoats | Foreclosure Law, Mortgages, Real Estate Law, Uncategorized | Comments are Closed | 24 October, 2012 | 0

By Reuters | “The American Civil Liberties Union sued Morgan Stanley on Monday, in what the group said is the first lawsuit against an investment bank alleging racial discrimination over packaging subprime mortgage loans into securities. The lawsuit alleges Morgan Stanley encouraged a unit of now-bankrupt New Century Financial Corp to target black borrowers disproportionatelyRead more

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Coats Schmidt, P.A.

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  • Home
  • Attorney Information
    • Jon B. Coats Jr.
    • Ryan Schmidt
    • J. Patrick Walsh
    • Klarika J. Caplano
  • Practice Areas
    • Business Litigation and Transactions
    • Concierge Legal & Advisory Services
    • Corporate Intelligence & Due Diligence Investigations
    • Condo & HOA Representation
    • Real Estate Litigation and Transactions
    • Probate, Wills, Trusts and Estate
    • Commercial Loan Documentation
    • Landlord / Tenant
    • Foreclosure Defense
  • Resources
  • Blog
  • Contact Us
Coats Schmidt, P.A.