Sallie Maeplans to issue its second securitization of Federal Family Education Loan Program (FFELP) loans of the year, the $744 million SLMA 2014-2, according to a presale report published by Moody's Investors Service.

FFELP loans are reinsured by the U.S. Department of Education (DOE) for at least 97% of defaulted principal and accrued interest.

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.