Do federal deficits even matter anymore? Jeff Gundlach thinks so...

Mark Stafford, managing director of MS Capital Advisors: “Margin compression is real and many companies lost money in the first quarter.”

Fannie Mae: “We expect this will prompt businesses to turn to cost-cutting..."

By comparison, commercial banks must have tier 1 capital of 8.0 percent of risk-weighted assets.

JMP likes the higher profit margins that accompany non-QM lending…

Banks have been reducing their servicing for others since late 2009…

The AAF warns against the GSEs becoming private entities again, noting there’s no way for them to raise enough capital…

Consultant Joe Garrett: "Salesmen don’t get paid less just because the company didn’t do well..."

The CFPB last week dismissed its precedent-setting case against PHH Corp., officially overturning the bureau’s controversial interpretation of the Real Estate Settlement Procedures Act under former Director Richard Cordray. In the end, the four-year legal battle over alleged RESPA violations regarding captive reinsurance arrangements ended up with no fine or penalty being assessed on the mortgage lender. The final court ruling that upheld the constitutionality ...

Democratic lawmakers sent comment letters to the CFPB in response to its request for information regarding the bureau’s rulemaking processes, emphasizing the importance of data collection in making new rules. Sens. Elizabeth Warren, MA, and Mark Warner, VA, wrote in a comment letter to Acting Director Mick Mulvaney that data collection is essential to rulemaking at the CFPB. “The CFPB’s decision-making is at its best when it has data to guide the ...