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.

Loan applications declined even as interest rates came down further.

Fannie Mae expects a slow pace of recovery from previously recessionary levels of housing activity.

Total agency single-family MBS climbed 0.9% during the third quarter, hitting $8.913 trillion.

Ginnie continued to set the pace as its single-family servicing grew by 2.4% in the third quarter.

Finding someone to fill the position of senior vice president for the Office of Enterprise Data and Technology Solutions at Ginnie could be difficult given pay restrictions at the government agency.

S. 3502, the Homebuyers Privacy Protection Act, received prompt support from a number of industry trade groups.

The proposal provides banks an incentive to exit senior tranches of asset-backed securities in exchange for more junior and riskier tranches, according to the Securities Industry and Financial Markets Association.