Two banks could see investor claims on mortgage bonds, Reuters reports

RELATED QUOTES

SymbolPriceChange
WFC39.880.62
MS25.190.61
BAC+0.00

The Gibbs & Bruns law firm that reached a major settlement with Bank of America (BAC) over allegedly defective mortgage bonds said that Wells Fargo (WFC) and Morgan Stanley (MS) failed to perform their duties servicing $73B in securities, reports Reuters.

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