Home >> Author Archives: Scott_Morgan (page 9)

Author Archives: Scott_Morgan

Scott Morgan is a multi-award-winning journalist and editor based out of Texas. During his 11 years as a newspaper journalist, he wrote more than 4,000 published pieces. He's been recognized for his work since 2001, and his creative writing continues to win acclaim from readers and fellow writers alike. He is also a creative writing teacher and the author of several books, from short fiction to written works about writing.

Judges Grant a Stay to PHH Corp. for Paying CFPB’s Penalty

Almost immediately, PHH and its lawyers, Los Angeles-based Gibson Dunn & Crutcher, petitioned the District of Columbia U.S. Circuit Court of Appeals to “modify or set aside civil investigative demand” while the company made its case against what it called an abuse of power by the CFPB.

Read More »

FHFA Expands Push for Diversity on Federal Boards

The FHFA now requires that Federal Home Loan Banks and their Office of Finance include demographic data related to their boards of directors in their annual minority and women inclusion reports to the agency. The banks also must now include descriptions of their outreach activities and strategies designed to promote diversity in nominating or soliciting nominees for positions on boards of directors.

Read More »

Report: Oil-Rich States Could See Housing Price Drop

The national average risk score for home price declines in most markets, according to the index, is holding at a steady 8 percent (since February) DeFranco said. However, North Dakota, Oklahoma, and Texas, the report found, each are at a 33 percent risk of seeing home prices drop.

Read More »

FHFA: Home Prices Nearing Pinnacle Reached in 2007

U.S. house prices overall rose 0.7 percent on a seasonally adjusted basis from January to February, according to the agency’s monthly House Price Index report. Prices were up 5.4 percent nationwide compared to this time last year. The HPI is calculated by using home sales price information from mortgages sold to, or guaranteed by, Fannie Mae and Freddie Mac.

Read More »

Study Finds Population Growth Influences Home Values

The three fastest-growing areas of the country were largely immune from the effects of the housing crisis, leading Massachusetts-based Pro Teck Valuation Services to conclude that population growth is a strong indicator of home values, according to a report the company released Wednesday.

Read More »

Morgan Stanley Posts Solid Q1 Earnings Amid Strong Equity Sales and Investments

The firm also repurchased approximately 7 million shares‒‒worth about $250 million‒‒of its common stock in the quarter. According to the statement, Morgan Stanley stock leapt from 74 cents per share to $1.18 between the first quarters of 2014 and 2015. The firm plans to repurchase as much as $3.1 billion of common stock through the end of Q2 2016.

Read More »

Fannie Mae Expands Its Assessment Software

Fannie Mae’s software upgrade is part of an effort it’s been rolling out since the beginning of the year. The GSE introduced Collateral Underwriter to the market in January and has nearly 800 lenders registered as users already, according to the Monday announcement. For some, the new system makes immediate and obvious sense.

Read More »

Subscribe to MDaily

MReport is here for you to stay on top of important developments in the mortgage marketplace. To begin receiving each day’s top news, market information, and breaking news updates, absolutely free of cost, simply enter your email address below.