Sales of mortgages by banks increased by 20.5% in the third quarter even as the top bank reduced its sales. Eight of the 10 top banks boosted their sales from the second quarter. (Includes two data tables.)

Four non-agency mortgage-backed securities started marketing Thursday, including three expanded-credit MBS.

Rep. French Hill, R-AR, will lead the House Financial Services Committee next year.

A AAA-rated tranche of a commercial MBS issued after 2010 suffered losses recently, a first for the market. The Financial Stability Oversight Council said such losses are not likely to be widespread.

A loan for the Fontainebleau Miami Beach Resort will back a $975.0 million commercial MBS. The venue hosts the ABS East conference and is adding to its convention space.

Associated Banc-Corp will take a loss in the fourth quarter; Chase packages seasoned jumbos in non-agency MBS; Octane Lending expands ABS issuance; another whole-business ABS from Jersey Mike’s.

Servicing outstanding on 1-4 family mortgages increased by an estimated 0.8% during the third quarter. Ginnie servicing grew at more than twice that pace, fueled by refinance originations. (Includes two data tables.)

Potential homebuyers are done hibernating, according to Redfin.

An affiliate of Proprietary Capital prevailed in a lawsuit against Mr. Cooper Group.

The pending MBS are the largest seen from the issuers this year.