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Tuesday, January 29, 2008

Fitch: U.S. Student Loan ABS Market Poised to Remain Hot

NEW YORK -- According to the latest student loan asset-backed securities newsletter published this week by Fitch, the U.S. student loan ABS market received another boost for future volume growth as the loan rate reset came in a record low for borrowers over the next 12 months. The low rate should continue to fuel strong growth in the sector both for Stafford loan and consolidation loan volumes.

The newsletter also highlights several noteworthy transactions rated by Fitch's student loan ABS team that demonstrate the firm's continued success in establishing itself as a leader in the sector.

The newsletter 'The Student Loan Report Card' is available on Fitch's web site at 'www.fitchratings.com' by linking to the 'ABS' sector and clicking on 'Newsletters'.