Dan Feshbach, founder and CEO of MeasureOne, thinks that disclosure of loan-level data can do for the student loan market what it did for mortgages.

Feshbach should know; he founded LoanPerformance (now a subsidiary of First American Corp.), which became a conduit for mortgage lenders that were reluctant to “crack the tape,” and make this data available to investors. Providing it helped to create a market for their private label mortgage securities.

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