Mick Mulvaney: “If you are doing something less than one-tenth of 1 percent of the time, maybe it’s evidence of a lack of criminal intent…”

In the first quarter, average credit scores on purchase mortgages were virtually unchanged…

Aggressive nonbank lenders are willing to offer 100 to 200 basis points per loan…

In settling with the SEC, Merrill Lynch did not admit or deny the findings…

Despite heralding the investment made by Thomas H. Lee Partners, Guaranteed Rate will not say how much the PE firm invested or how large of a stake it acquired…

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.

Mortgage brokers actually gained some share in the government market…