NEW YORK--(BUSINESS WIRE)--Fitch Ratings takes the following rating actions on the SLM Student Loan Trust 2012-7 notes: SLM Student Loan Trust, Series 2012-7: --Class A-1 has been paid in full; --Class A-2 'AAAsf'; Rating Watch Negative maintained; --Class A-3 affirmed at 'AAAsf'; Outlook revised to Negative from Stable; --Class B 'A+sf'; Rating Watch Negative maintained. The Rating Outlook revision is due to Fitch's belief that the class A-3 outstanding notes carry a heightened level of extens


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