DBRS Morningstar Student Loan ABS Update — Q4 2020 Performance
DBRS, Inc. (DBRS Morningstar) released the “DBRS Morningstar Student Loan ABS Update—Q4 2020 Performance” report, which reviews asset-backed security performance in three sectors of the student loan market: student loan refinancings, traditional private student loans, and student loans originated pursuant to the Federal Family Education Loan Program. The report tracks the performance of 666 securitizations issued from 1988 through Q4 2020, representing total new issuance volume of more than $573 billion.
DBRS Morningstar is a global credit ratings business with 700 employees in eight offices globally. DBRS and Morningstar Credit Ratings are committed to empowering investor success, serving the market through leading-edge technology and raising the bar for the industry.
Together, we are the world’s fourth largest credit ratings agency and a market leader in Canada, the U.S. and Europe in multiple asset classes. We rate more than 2,600 issuers and 54,000 securities worldwide and are driven to bring more clarity, diversity and responsiveness to the ratings process. Our approach and size provide the agility to respond to customers’ needs, while being large enough to provide the necessary expertise and resources. For more details visit us at dbrs.com.
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