MBA lender seeks to securitise student debt

MBA lender seeks to securitise student debt
SoFi, the private student lender, expects to begin securitising its loans this year after securing a $ 60m credit line from Morgan Stanley in the latest sign of growing investor interest in the US student debt market. The warehouse line of credit …
Read more on Financial Times

Lenders: What's Holding Back Loans
NAR brought the three lenders together in mid-March for a wide-ranging discussion to get their take on the state of the conventional mortgage market, how long before private lenders get back into the market with non-agency products for conventional …
Read more on Speaking of Real Estate (blog)

Why Your Student Loan Interest Rate Is So High
The answer is that Congress, not the market, sets rates for federal loans—which account for 85 percent of the roughly $ 1 trillion in outstanding education debt—and refinancing to a lower rate is rarely an option. Now some lawmakers and private …
Read more on Businessweek

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