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I was notified by the agencies that there were so many complaints filed against Saxon Mortgage/Morgan Stanley Home Loans that it would cost a fortune to obtain copies of the complaint. The Department of Corporations, Department of Real Estate and other agencies have open files in connection with Saxon/Morgan Stanley Home Loans.
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California democratic attorney general xavier becerra announced the settlement with Morgan Stanley on Thursday. when banks rushed to approve mortgage loans in the mistaken belief the homes would.