Ensuring Continued Access to Student Loans
Oct 12, 2011 . Loan Purchase Program Agreements. Correspondence from The Secretary of Education. for 07/08 and 09/10 and ABCP November 20, 2008: .
http://federalstudentaid.ed.gov/ffelp/abcp.html
Archived: Ensuring Student Access to Federal Loans
Oct 7, 2008 . Ensure availability of Federal student loans for the 2009-10 school . or more conforming Asset-Backed Commercial Paper (ABCP) conduits.
http://www2.ed.gov/students/college/aid/ecasla-facts.html
Asset-Backed Commercial Paper Carries High Risk
Feb 18, 2008 . For example, ABCP can be created from any type of asset-backed security, such as student loan asset-backed, credit card asset-backed, .
http://www.investopedia.com/articles/bonds/08/commercial-paper.asp
Understanding ABCP: A Primer
if maturing aBcP cannot be rolled over in the market. ? aBs usually has exposure to a single sector (mortgages, student loans, etc.) while most aBcP conduits .
https://www2.blackrock.com/webcore/litService/search/getDocument.seam?contentId=1111124176&Source=SEARCH&Venue=PUB_INS
Industry Justifies Higher Rates
Sallie Mae extends $22 billion financing facility
Apr 27, 2009 . The company's private education loan ABCP conduit facility with $2.7 billion outstanding was paid in full. The extension of this facility provides .
https://www1.salliemae.com/about/news_info/newsreleases/042709.htm
Education Investment Group, LLC Announcement
or investing in student loan ABS or ABCP. In addition, EIG expects to provide investment management services to interested parties looking to invest in student .
http://www.educationinvestmentgroup.com/images/Education_Investment_Group_Announcement_Final.pdf
The ABCP Paper Trail (U.S.)
Jun 2, 2010 . portfolio of student loans. This represents almost 10% of the ABCP market. The program is discussed in greater detail on page 4. The focus for .
http://www.izonca.com/images/Fitch_ABCP_Paper_Trail.pdf
Asset-Backed Commercial Paper
Asset Backed Commercial Paper (ABCP) Conduits . 17% or $0.49B are backed by diversified pools of private student loans (for borrowers primarily attending .
http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9MzMzMzgzfENoaWxkSUQ9MzE1OTg0fFR5cGU9MQ==&t=1
Some Lawmakers Outraged
Fitch Rates Straight-A Funding LLC's Student Loan ABCP 'F1+'
Apr 10, 2009 . Through its ABCP program, Straight-A may issue two series of SLST notes ( series-1 and series-2). Series-1 SLST notes may be issued with .
http://studentlendinganalytics.typepad.com/student_lending_analytics/2009/04/-fitch-rates-straighta-funding-llcs-student-loan-abcp-f1.html
Resolution No
for the academic year 2009-2010, and further desires to uthorize participation in the ABCP Program;. HIGHER. EDUCATION LOAN AUTHORITY OF THE STATE .
http://www.mohela.com/ServerFiles/publicinfo/material/144.pdf
Asset-Backed Commercial Paper: A Primer
Feb 6, 2011 . card receivables, student loan payments and auto loan receivables. In the case of a specific ABCP credit, the investor's interest payments .
http://www.citigroup.com/transactionservices/home/oli/files/ABCP_Primer_0211.pdf
Department of Education Backs New Conduit for Student Loans ...
Feb 3, 2009 . Under the ABCP programme, which is one of the latest initiatives under the Ensuring Continued Access to Student Loans Act of 2008 passed .
http://www.internationallawoffice.com/newsletters/detail.aspx?g=52144c97-86df-4d10-9746-8d21516f1682
ABC's of ABCP
ABCP first appeared in the 1980s as a means for large commercial banks to finance their commercial . mortgages, floorplan and student loans. ? Market value .
http://www.americansecuritization.com/uploadedfiles/ABCsOfABCP.pdf
DBRS: ABCP
ABCP · Auto ABS · CMBS · Covered Bonds · Credit Card & Consumer Lending · Equipment · RMBS · Split Shares & Funds · Structured Credit · Student Loans .
http://www.dbrs.com/industry/10040
What Is Asset Backed Commercial Paper? - Financial Web
ABCP can be backed by many different types of assets, which can include student loans, credit card debt or residential mortgages. If any of these markets suffer .
http://www.finweb.com/investing/what-is-asset-backed-commercial-paper.html