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advisorhub.com > morgan-stanley-advisors-pressured-mortgage-staff-to-approve-loans-for-rich-clients-wsj

Morgan Stanley Advisors Pressured Mortgage Staff to Approve Loans for Rich Clients: WSJ

6+ hour, 36+ min ago   (432+ words) Morgan Stanley mortgage underwriters faced pressure to approve loans for financial advisors’ wealthy clients even if they had concerns about whether those customers met requirements, according to a Wall Street Journal report on Tuesday. Financial advisors would push back on…...