Moody’s and Fitch have placed the 584 tranches below on watch for potential downgrade due to the risk they may miss their legal final maturity dates.
Navient and Nelnet, the top two issuers in the market, have taken steps to protect their investors by working with DealVector to extend the maturity dates on affected trusts. Other issuers have been less proactive, waiting to see if investors demand action.
This is your chance to demand action. Select the deals that you hold, and register to join the DealVector investor network. We will not reveal your list of deals to any third party, but we will be able to approach issuers on Trusts where critical mass exists and urge them to amend. (You can also just register and then to a bulk upload).
You will also be able to speak to your fellow investors, using our anonymized messaging platform.
Questions? Click to "Learn More" about DealVector or call us at (415) 937-0363.