2013-01-16reuters.com

``The agreement is similar to the $8.5 billion deal reached between the Fed, the Office of the Comptroller of the Currency, and 10 other bank servicers on January 7. The Fed had previously ordered Goldman and Morgan Stanley to review foreclosures conducted by mortgage servicing businesses that the two investment banks bought in the run-up to the subprime mortgage crisis and have since sold.''



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