Quality | 2015.04.13
Fitch Affirms EFS Volunteer No. 2, Series 2012-1; Outlook Stable
NEW YORK--(BUSINESS WIRE)--Fitch Ratings affirms the EFS Volunteer No. 2, LLC, Series 2012-1 senior notes at \'AAAsf\' and the subordinate notes at \'AAsf\'. The Rating Outlook remains Stable for both classes. KEY RATING DRIVERS High Collateral Quality: The trust collateral is comprised of 100% of Federal Family Education Loan Program (FFELP) loans. The credit quality of the trust collateral is high, in Fitch\'s opinion, based on the guarantees provided by the transaction\'s eligible guarantors and r
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