sallie mae student loan
Click a Flag to Translate the page
 |
 |
 |
 |
 |
 |
 |
 |
 |
Sallie Mae Works to Dispel Student Loan Consolidation Myths as ...
RESTON, Va., June 26 /PRNewswire/ -- With just over a week remaining for college students, graduates and parents to lock in today's low interest rates through student loan consolidation, Sallie Mae is helping student loan borrowers understand the truth about the consolidation process.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030617/SLMLOGO-a )
.
More sallie mae student loan info
Fitch Rates SLM Student Loan Trust 2006-6 Issue
The ratings are based on the quality of Federal Family Education Loan Program (FFELP) student loan portfolio, the quality of the servicing provided by Sallie Mae Inc. (rated ABPS/S1 by Fitch), the transaction's legal structure and level of credit enhancement. The ratings reflect the ability of the trust estate to pay note principal at the legal final maturity and timely interest. The ratings do not address the ability of the indenture trustee to auction the collateral pool prior to the stated maturity of the notes.
Credit enhancement for the trust consists of the initial overcollateralization and excess spread, a reserve account sized at 25 basis points (bps) of the current student loan pool balance with a floor of $2,261,609 or 15bps of the original student loan principal balance, and the $44,000,000 capitalized interest account.