KBRA Releases a Primer on the Refi Student Loan ABS Market

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) releases a refi student loan ABS primer entitled “An Education on Refi Student Loans ABS.” The report makes the following key points: Refi student loan lenders have increased their activity in the ABS primary market, issuing $5.2 billion of bonds in 2017, up 34% YoY. Refi SLABS now account for over one-third of all student loan issuance, with over $10.5 billion in outstanding paper. A typical refi borrower is of very high credit quality