Sallie Mae’s sale yesterday of the residual interest in its SLM Student Loan Trust 2007-4 securitization that is backed by a portfolio of FFELP consolidation loans to a third party, should not impact the trust, said analysts at Bank of America Merrill Lynch.

The sale will remove student loan assets of $3.8 billion and related liabilities of $3.7 billion from Sallie Mae’s balance sheet, according to a press release by the Sallie Mae.

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