Commercial banks continued to show relatively little interest in the ABS market during the first quarter, increasing their aggregate holdings to $75.1 billion, according to a new Inside MBS & ABS analysis of call report data. While the industry’s first-quarter ABS holdings – which include deals backed by open-end mortgages such as HELOCs – were up about 8.4 percent from the end of 2004, they remained well below the record $104.2 billion stake that banks…