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Article: Fitch Affirms Nelnet Student Loan Trust 2007-2 Senior Notes; Assigns Stable Outlooks.
- Article from:
- Education Letter
- Article date:
- November 18, 2009
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Fitch Ratings affirms and assigns Stable Rating Outlooks to the senior student loan notes of the National Education Loan Network (Nelnet) series 2007-2 notes. The trust parity ratios have been increasing since closing, and the parity for the senior notes are at 105% as of the Aug. 31, 2009 collection period. A complete list of rating actions follows at the end of this press release.
Fitch's Global Structured Finance Rating Criteria were used to review the ratings, and the affirmations are based on the performance of the trust in-line with the expectations outlined therein. The existence of auction rate securities has not had a significant impact on the trust ...