Secondary

Senate majority leader Harry Reid would like to call for a vote this week to confirm Rep. Mel Watt to be the new GSE regulator, but it looks like a vote will be put off until September when the senators return from their August recess.

Rising rates do have an impact on most commercial real estate lending.

Carrington Mortgage Services has begun offering USDA loans through its retail and wholesale lending operations.

Fitch's second-quarter U.S. CMBS cumulative default rate for fixed-rate CMBS increased 10 basis points from 2Q 2012 to 13.7%.

Realogy Holdings will seek to negotiate a lower interest rate on its most senior debt obligations next year.

WSFS Financial Corp. has agreed to buy the mortgage banking company Array Financial Group in Haverford, Pa.

Rivals of MB Financial and Taylor Capital have been hit with questions about how the all-Chicago deal will remake the local banking landscape.

Rising house prices and relatively low interest rates helped improve the outlook for the riskiest tranches of residential mortgage-backed securities.

Williams served as managing director in the public policy division at Credit Suisse before launching The Williams Group earlier this year.

The conspirators supposedly operated a fraudulent timeshare resale scheme in Green Bay that resulted in at least 1,000 victims in 20 states and Canada being defrauded of over $2.3 million.