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Morgan Stanley Restructures Mortgage Business; 600 Jobs to be Cut
Oct 02, 2007Morgan Stanley said today it is restructing its mortgage business amid what company executives characterized as a “fundamental paradigm shift” in the mortgage business. The restructuring effort will result in a net reduction-in-force of approximately 500 employees in the United States and approximately 100 employees in Europe including 90 from Morgan Stanley’s UK mortgage subsidiary, Advantage, the company said in a press statement.
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Suddenly, Default Management and REO Technology Really Matters
Sep 19, 2007 -
Delta Financial Lays Off Staff, Too; Will Close Satellite Wholesale Offices
Aug 22, 2007 -
RealtyTrac: First-Half Foreclosure Activity Jumps 55 Percent
Jul 30, 2007 -
Bonanza of Deals Await Buyers at Auction of 250 Plus Texas Homes
Jun 13, 2007 -
San Antonio Attorney Allan B. Polunsky Honored With Mortgage Banking Industry Award
Jun 11, 2007 -
Foreclosures Up 12 Percent in February
Mar 26, 2007 -
Baseball and subprime no longer go together
Mar 20, 2007 -
Nationwide Foreclosure Filings Drop for Second Straight Month
Mar 05, 2007 -
EMC To Open New Servicing Center
Mar 02, 2007 -
Pinnacle, FirstClose Announce Partnership
Feb 13, 2007 -
Pending Foreclosures Climb Dramatically in January
Feb 12, 2007