Mortgages from a variety of lenders are included in the MBS, led by HomeXpress Mortgage with a 42.0% share.

Buybacks from the GSEs declined by 29.0% in the third quarter compared with the previous quarter.

The planned $440.9 million issuance is the largest jumbo MBS from Redwood in more than a year.

The industry expects robust bulk MSR trading during the first quarter.

Total residential MBS holdings rose 6.3% to $384.87 billion and ABS holdings, while much smaller, were up 20.4%.

“The market has had more liquidity of late than it’s had in some time,” said Homebridge CEO Peter Norden.

Both FHA and VA issuance volume declined in November, with VA activity posting the larger fall.

The prepayment characteristics of small-balance mortgages make them attractive to agency MBS investors.

It's the third securitization from JPMorgan Chase this year with HELOCs from nonbanks.

Total Ginnie assets stood at $60.2 billion as of the end of September, up from $39.5 billion a year earlier. And liabilities increased from $9.7 billion to $29.4 billion.