Secondary

The Securities Industry and Financial Markets Association has confirmed the appointment of Judd Gregg as CEO and also appointed Kenneth E. Bentsen Jr. as president of the association.

Chicago convention managers and Mayor Rahm Emanuel advanced plans for a new arena and makeover of Navy Pier, the city’s top tourist attraction.

Goldman Sachs, Citigroup and Jefferies priced the $1.1 billion CMBS deal called GS Mortgage Securities Trust 2013-GCJ12.

The combination of government-sponsored enterprise platforms remains more a concept than a reality.

A large bid list of nonagency residential mortgage-backed securities in the market this week may have been the first move in a regulatory plan for Fannie Mae and Freddie Mac to divest some of its portfolio assets.

Analysts at Keefe, Bruyette & Woods believe fears about a Federal Reserve Board exit from its mortgage-backed securities holdings in the near future are overdone.

With regulatory reform, the secondary mortgage market as well as the primary one will have heightened liability when it comes to loans.

Gary Kain built American Capital Agency Corp. into the fastest-growing real estate investment trust as the Federal Reserve pushed borrowing costs to record lows.

Redwood Trust sold $424 million of bonds tied to new U.S. home loans without government backing at wider relative yields as issuance soars this year.

Most stocks in this publication’s Mortgage Industry Equity Composite lost some value during the day, with five exceptions.