Quality | 2013.12.12
Fitch Maintains Rating Watch on Sr. Notes and Upgrades Sub. Notes for SLM Student Loan Trust 2007-3
NEW YORK--(BUSINESS WIRE)--Fitch Ratings maintains the Rating Watch Negative on the senior notes currently rated \'AAAsf\' and upgrades the subordinate notes issued by SLM Student Loan Trust 2007-3 to \'Asf\' from \'A-sf\'. The Rating Outlook remains Stable for the subordinate notes. KEY RATING DRIVERS High Collateral Quality: The trust collateral is comprised of 100% of Federal Family Education Loan Program (FFELP) loans. The credit quality of the trust collateral is high, in Fitch\'s opinion, based
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