Office loans in CMBS have the highest default rates for the second year running, according to Fitch Ratings.

The six regulatory agencies that are working on the qualified residential mortgage risk retention rule are looking at aligning it with the qualified mortgage rule, according to a key participant.

Private student loans originated after 2008 are performing better than Federal Family Education Loan Program (FFELP) student loans, according to a Moody’s Investors Service report.

David Akre is the new managing director at Oak Circle Capital Partners, where he will develop opportunities in in non-agency RMBS investments, securitization and origination.

GE Commercial Distribution Finance Corp. issued its $500 million dealer floorplan asset-backed securitization on Wednesday.

Redwood Trust has issued $2.7 billion in private label jumbo mortgage securitizations, nearly doubling its MBS issuance since restarting issuance in 2010.

The Bank of England’s expansion of its Funding for Lending Scheme by one year to January 2015 means U.K. investor placed issues will likely continue to see little action, said market analyst.

A cap on the allocations of borrower accounts to not for profit servicers of the Federal Direct Loan Program could result in losses for Federal Family Education Loan Program-backed securities, said Fitch Ratings.

The rise in home values has limited impact on residential mortgage-backed securities loss severities on liquidated loans that are backed by properties that have been delinquent for three years or more, according to Moody’s Investors Service.

Europe’s auto ABS pipeline continues to build and the latest boost comes from SOFIRA’s EUR550 million ($714.5M) revolving cash securitization of dealer floorplan receivables extended to auto dealers in France.

First Capital closed its $283 million securitization of senior secured working capital loans to small and mid-sized private companies.