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14.06.2016 15:24:00
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Moody's announces publication of updated methodology for rating FFELP student loan ABS
New York, June 14, 2016 -- Moody's Investors Service has published its updated methodology for rating Federal Family Education Loan Program (FFELP) asset-backed securities (ABS). The updated approach incorporates Moody's analysis of a large body of data on the historical performance of FFELP student loan portfolios and follows the review of an extensive set of comments in response to the Request for Comment (RFC) "Proposed Changes to Moody's Approach to Rating Securities Backed by FFELP Student Loans," published on July 9, 2015.
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