Edsouth, Sallie Tap Student Loan Mart

The primary market saw two student loan asset-backed transactions hit screens last week, with a $392.88 million transaction from Educational Services of America (Edsouth Indenture No. 2) securitizing Federal Family Education Loan Program loans, and an $824 million, public SLM Student Loan Trust 2012-2 from Sallie Mae. The Sallie deal is slated to price early next week.