Industry | 2014.06.25
Fitch: U.S. FFELP ABS Servicers Weathering Storm of Industry Changes
NEW YORK--(BUSINESS WIRE)--Link to Fitch Ratings\' Report: FFELP Servicers Get a Passing Grade http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=717098 Servicers of U.S. FFELP student loan ABS have done an admirable job of keeping net claim reject rates in check, though whether they can continue that trend remains in question, according to Fitch Ratings. Since the termination of the Federal Family Education Loan Program in 2010, FFELP loan servicers have had to endure a cons
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