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SLM Corporation (commonly known as Sallie Mae; originally the Student Loan Marketing Association) is a publicly traded U.S. corporation that provides consumer banking.Its nature has changed dramatically since it was set up in the early 1970s; initially a government entity that serviced federal education loans, it then became private and began offering private student loans.
Sallie Mae (SLM) delivered earnings and revenue surprises of -40.26% and 1.60%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Higher NII and a rise in fee income aid Sallie Mae's (SLM) Q3 results. However, a rise in expenses impedes the bottom line. Sallie Mae (SLM) Q3 Earnings Miss, Stock Gains on NII Beat
Navient Corporation is an American student loan servicer based in Wilmington, Delaware.Managing nearly $300 billion in student loans for more than 12 million debtors, the company was formed in 2014 by the split of Sallie Mae into two distinct entities: Sallie Mae Bank and Navient.
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A government-sponsored enterprise (GSE) is a type of financial services corporation created by the United States Congress.Their intended function is to enhance the flow of credit to targeted sectors of the economy, to make those segments of the capital market more efficient and transparent, and to reduce the risk to investors and other suppliers of capital.
Sallie Mae Announces Retirement of Albert L. Lord, Effective December 2013 NEWARK, Del.--(BUSINESS WIRE) ... Investors: Steve McGarry, 302-283-4074 steven.j.mcgarry@salliemae.com or
A debt buyer is a company, sometimes a collection agency, a private debt collection law firm, or a private investor, that purchases delinquent or charged-off debts from a creditor or lender for a percentage of the face value of the debt based on the potential collectibility of the accounts. The debt buyer can then collect on its own, utilize ...