Navient, the student loan servicer spun off from Sallie Mae in April, is planning a $747 million securitization of Federal Family Education Loan Program loans.

The $747 million transaction, dubbed Navient Student Loan Trust 2014-1, is backed by Federal Family Education Loan Program (FFELP) loans, according to a Fitch Ratings presale report.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.