Moody's, Fitch Fret Over Billions In Student Loan ABS As Defaults Loom
June 28, 2015 at 08:42 AM EDT
In April, Moody’s put some $3bn in student loan backed ABS on review for downgrade citing an increased likelihood of default. Now, Moody’s has placed more than 100 tranches across 57 student loan-backed deals totaling some $34bn on review.