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Morgan Stanley developing online mortgage application tool

Reuters  |  NEW YORK 

NEW YORK (Reuters) - Morgan Stanley is developing a new digital mortgage application tool in a bid to get more of its existing clients to turn to it for home loans, its wealth management technology head said on Tuesday.Morgan Stanley has invested heavily into growing its residential mortgage and customised lending business in recent years. But only 2 percent of current clients have home loans with the bank, Naureen Hassan, chief digital officer for wealth management, said at the bank's U.S. Financial Services conference in New York.Hassan said the new tool will allow clients to get rate ...

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First Published: Wed, June 14 2017. 01:14 IST