Morgan Stanley (MS) seeked dismissal of a suit filed by MetLife (MET) over mortgage-backed securities saying the insurer knew theh ousing market was starting to deteroirte before it bought the majority of the bonds.

MetLife invested about $56.5 billion in residental mortgage-backed securities before 2008.

 

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Keller Williams to expand its iBuyer program

Back in April, Keller Williams announced it would begin buying and selling houses. Now it’s expanding that program. Now, Keller Williams announced it will launch its iBuyer program in Birmingham, Alabama, through its partnership with Offerpad early in the first quarter of 2020.

Nov 15, 2019 By