Fitch Ratings expects more banks to unload their holdings of government guaranteed loans amid greater interest from potential buyers.

On Friday on July 11, Wells Fargo said it had transferred its $9.7 billion Federal Family Education Loan Program (FFELP) loan portfolio to held-for-sale during the second quarter. Speaking during a conference call on second quarter earnings, executives said that the sale could take place in the next quarter and that the portfolio could be sold in one piece or broken up into smaller pieces. Wells Fargo does not service the loans.

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