Money-market funds were the most aggressive buyers of MBS during the first quarter, and analysts think demand from the sector will last. (Includes three data charts.)

Some fees paid by mortgage insurers for loans included in nonperforming loan sales were not passed through to related credit-risk transfer deals.

Prepayment rates are suppressed due to elevated interest rates, prompting runoff in the Fed’s MBS portfolio to be well below the monthly reduction cap.

Among the deals that are exposed to small-business borrowers are trucking and small-ticket equipment asset-backed securities, small-balance commercial ABS and premium finance ABS.

Annaly Capital Management highlighted how environmental, social and governance principles factor into its activities. Leaders at the REIT said ESG analysis can help Annaly deliver “superior” returns.

S&P Global Ratings believes commercial MBS borrowers could face their most significant challenges since the Great Recession.

Credit risk-retention requirements don’t apply to notes issued in connection to a structured PDP well financing, according to Vinson & Elkins attorneys.

Loans for the Westfield San Francisco Centre are in various commercial MBS; Ginnie expands RON options; Fitch rates PennyMac Financial Services; DBRS to assess securitizations of home-equity agreements.

Issuers of non-agency MBS need to do more to help attract investors to the sector, according to industry participants.

The first prime auto loan ABS from Volkswagen since late 2021 was upsized this week. And GLS offered its first near-prime auto ABS, expanding on subprime offerings.