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September 18th, 2008

Morgan Stanley, Wachovia In Merge Talks

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As reported by CNBC and the Wall Street Journal, Morgan Stanley continues advanced talks with Wachovia Bank today about a possible merger. Morgan Stanley has also continued talks with a Chinese bank in an attempt to seek more capital.

We’ll keep you posted as the news rolls in.

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About the HSH Blog

HSH.com's daily blog focuses on the latest developments in the mortgage and housing markets. Our mission is to relate how changes in mortgage rates and housing policy, as well as the latest financial news, impacts consumers, homebuyers and industry insiders alike. Our 30-plus years of experience in the mortgage industry gives us an edge as we break down the latest changes in an ever-changing market.

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Tim Manni

Tim Manni is the Managing Editor of HSH.com and the author of their daily blog, which concentrates on the latest developments in the mortgage and housing markets.

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