Morgan Stanley mortgage staff reportedly pressed to greenlight loans for wealthy clients

ASIDNews newsroom brief · 1h ago · 1 min read · via housingwire.com

Morgan Stanley mortgage employees say they faced pressure from the firm’s wealth advisers to approve loans for affluent clients despite underwriting concerns, The Wall Street Journal reported.

Morgan Stanley mortgage employees say they faced pressure from the firm’s wealth advisers to approve loans for affluent clients despite underwriting concerns, The Wall Street Journal reported. This story matters for Real Estate & Property readers tracking asid. Reported by housingwire.com. Read the full original at the source link below.

Originally reported by housingwire.com. ASIDNews curates and briefs the real estate & property stories that matter. Our editorial policy →
Get the daily asid signal:

More from ASIDNews

Across the eCorp newsroom network

Part of the eCorp network