Secondary markets

JPMorgan Securities and Barclays Capital are planning to offer $1.01 billion of commercial mortgage-backed securities.

Scott Robinson’s one-year term will begin at the beginning of 2014, followed by one-year terms each as president-elect, president and immediate past president.

Besides retail, EverBank will still purchase loans through the correspondent channel.

The Federal Home Loan Bank of Indianapolis reported $70 million in net income for the second quarter.

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.

A scenario posted on the Mortgage Grapevine is looking for an owner-occupied, full-documentation refinance mortgage on a single-family property.

Better housing trends in many areas will improve legacy residential mortgage-backed securities performance, but could hurt loan quality in new deals.

New York City Comptroller John Liu called on the New York City Housing Authority to reject a plan to raise $750 million in a new bond issue.

Freddie Mac board member Linda Bammann is stepping down after serving on the GSE’s board of directors for nearly five years.

Norcom Mortgage is launching a mini-correspondent channel this month.

UBS agreed to pay $885 million to Fannie Mae and Freddie Mac to settle claims that it improperly sold them mortgage-backed securities during the housing bubble.