Impairments on unsecured consumer loans increased the most in Washington, DC, Maryland, and Virginia during October, with borrowers impacted by the partial shutdown of the federal government.

The Fed established the Bank Term Funding Program to help alleviate pressure faced by depository institutions holding MBS and other assets with large unrealized losses. Tracking usage of the BTFP in real-time was limited.

The real estate investment and property management firm’s securitization is sized at $282.4 million.

The auto parts maker removed and replaced its independent directors just before it filed for Chapter 11 bankruptcy, a move that is being challenged in court.

Securities industry stakeholders say preservation of the secondary mortgage market, especially MBS futures trading on the TBA market, is essential to keeping mortgage rates low.

The request came from the CRE Finance Council, the Mortgage Bankers Association and the Securities Industry and Financial Markets Association. The groups said the disclosure requirements have negatively impacted the commercial MBS market.

Insurers have diversified their investments with an increase in holdings of alternative assets, including private equity and real estate.

After revising its CMBS criteria, S&P Global ratings downgraded ratings on a number of commercial MBS deals.

Figure recently launched a stablecoin that will be minted natively on the Solana blockchain, giving investors another way to invest in the company’s assets.

The issuance follows a large securitization of home equity investments by Unlock Technologies and Saluda Grade.