Violation Tracker Individual Record
Company:Saxon Mortgage Services Inc.
Date:May 26, 2011
Offense Group:financial offenses
Primary Offense:mortgage abuses
Secondary Offense:Servicemembers Civil Relief Act
Saxon Mortgage Services Inc., a subsidiary of Morgan Stanley, agreed to pay $2.35 million to resolve a lawsuit alleging that Saxon foreclosed on approximately 17 servicemembers between January 2006 and June 2009 without court orders.
Level of Government:federal
Action Type:agency action
Agency:Justice Department Civil Division
Civil or Criminal Case:civil
HQ Country of Parent:USA
HQ State of Parent:New York
Ownership Structure of Parent:publicly traded
Major Industry of Parent:financial services
Specific Industry of Parent:financial services
Source Notes:If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.