Morgan Takes Final Round of Bids on Saxon

Morgan Stanley Co. last week took a final round of bids on its residential servicing division, Saxon Mortgage, Ft. Worth, Texas, which holds $28 billion of contracts on its books, according to investment banking officials familiar with the situation.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_456/morgan-final-bids-saxon-1027040-1.html

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