-
While the underlying pool of loans is of strong credit duality, concerns abound about how COVID’s economic impact could negatively affect pool performance.
July 16 -
KBRA says credit quality is assessed via the firm's internal assessments.
July 9 -
The loans, previously securitized in 2015, have a weighted-average interest rate of 8.57%, balances averaging $15,182 and remaining scheduled terms of 186 months.
May 18 -
Deals, trends and research in structured finance and asset-backed securities for the week of April 30-May 6
May 6 -
The FFELP loans carry a minimum 97% guarantee of principal and interest from the U.S. Department of Education.
April 7 -
The FFELP sector would become awash with liquidity as the federally-guaranteed loans are paid and the most distressed borrowers avoid default, market participants said.
March 22 -
Navient Private Education Refi Loan Trust 2021-B has an average balance of $59,226 per account. The previous four Navient securitizations of refinanced private loans had average balances between $73,498 and $79,306.
March 11 -
Deals, trends and research in structured finance and asset-backed securities for the week of Feb. 26-March 4
March 5 -
Moody's Investors Service says forbearance levels were a factor in assigning a higher expected net loss figure for Navient's new FFELP securitization.
February 3 -
The third-quarter forbearance rate of the refinanced private student loans fell to 2.58% from the 8.36% average during the second quarter of the year – which is an approximate 70% decline.
December 4