DBRS Confirms College Ave Student Loans 2017-A, LLC

DBRS, Inc. (DBRS) confirmed the ratings of College Ave Student Loans 2017-A, LLC, a U.S. asset-backed transaction. Performance for the securities is such that credit enhancement levels are sufficient to cover DBRS’s loss expectations at their current respective levels.

The ratings are based on DBRS’s review of the following analytical considerations:

-- Amendments made to the transaction.
-- Transaction capital structure, ratings and form and sufficiency of available credit enhancement.
-- The transaction parties’ capabilities with regard to origination, underwriting and servicing.
-- The credit quality of the collateral pool and historical performance.

Notes:
The principal methodology is DBRS Master U.S. ABS Surveillance Methodology, which can be found on dbrs.com under Methodologies.

The rated entity or its related entities did participate in the rating process. DBRS had access to the accounts and other relevant internal documents of the rated entity or its related entities.

Please see the attached appendix for additional information regarding the sensitivity of assumptions used in the rating process.

For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.