Exception Tracking Spreadsheet (TicklerTrax™)
Downloaded by more than 1,000 bankers. Free Excel spreadsheet to help you track missing and expiring documents for credit and loans, deposits, trusts, and more. Visualize your exception data in interactive charts and graphs. Provided by bank technology vendor, AccuSystems. Download TicklerTrax for free.
Morgan Stanley settles suit for PLS violations and fraud
The Federal Housing Finance Agency (FHFA), as conservator of Fannie Mae and Freddies Mac, has announced a settlement agreement with Morgan Stanley, related companies and specifically named individuals for $1.25 billion. The settlement resolves claims in a Federal Court lawsuit filed by FHFA alleging violations of Federal and State securities laws and common law fraud in connection with private-label mortgage-backed securities (PLS) purchased by Fannie and Freddie between 2005 and 2007.
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