Investor Presentaiton
18%
16%
14%
12%
10%
Constant Prepayment Rate (CPR)
8%
6%
4%
2%
0%
-
Navient Private Education Legacy Loan Trusts –
Prepayment Analysis
Constant prepayment rates increased beginning 2014 on increased seasoning-related
voluntary prepayment and the emergence of the external student loan refinance market
• Prepayments have declined in 2020 during the COVID-19 crisis as borrowers utilized
COVID disaster forbearances
Nov-03
May-05
May-04
Nov-04
Nov-05
May-06
Nov-06
May-07
Nov-07
May-08
Nov-08
May-09
Nov-09
May-10
Nov-10
May-11
Nov-11
May-12
л
May-14
Nov-12
May-13
Nov-13
Nov-14
2002-A
2003-A
2003-B
2003-C
2004-A
⚫2004-B
2005-A
2005-B
-2006-A
⚫2006-B
2006-C
⚫2007-A
2009-D
-2009-CT
2010-A
2010-B
2010-C
2011-A
2011-B
2011-C
-2012-A
2012-B
2012-C
2012-D
2012-E
2013-A
2013-B
2013-C
2014-A
-2014-CT
NAVI 2014-A
2015-A
2015-B
2015-C
2016-A
©2021 Navient Solutions, LLC. All rights reserved.
31
May-15
Nov-15
May-16
Nov-16
May-17
Nov-17
May-18
Nov-18
May-19
Nov-19
May-20
Nov-20View entire presentation