Loan Volume Plummets at Morgan Stanley
June 25th, 2009
Morgan Stanley‘s home mortgage lending vividly portrays the drop-off in lending after 2007.
You could say that it plummeted…as in like a lead weight.
Morgan Stanley has made loans through two financial institutions in the last two years. Saxon Mortgage makes subprime loans. Morgan Stanley Credit Corporation provides prime credit. The two lenders could (more…)
