Sallie Mae Stocks List
Related Industries: Credit Services Other
Symbol | Grade | Name | Weight | |
---|---|---|---|---|
ICAP | B | InfraCap Equity Income Fund ETF | 3.3 | |
PFFA | C | Virtus InfraCap U.S. Preferred Stock ETF | 3.19 | |
RDVY | B | First Trust NASDAQ Rising Dividend Achievers ETF | 2.06 | |
DGRS | B | WisdomTree U.S. SmallCap Dividend Growth Fund | 1.79 | |
FXO | B | First Trust Financials AlphaDEX | 1.71 |
Compare ETFs
- Sallie Mae
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 1973. At first, it was a government entity that serviced federal education loans. It then became private and started offering private student loans, although at one point it had a contract to service federal loans.
The company's primary business is originating, servicing, and collecting private education loans. The company also provides college savings tools such as its Upromise Rewards business and online planning for college tools and resources. Sallie Mae previously originated federally guaranteed student loans originated under the Federal Family Education Loan Program (FFELP). and worked as a servicer and collector of federal student loans on behalf of the Department of Education. The company now offers private education loans and manages more than $12.97 billion in assets. Sallie Mae employs 1,400 individuals at offices across the U.S.On April 30, 2014, Sallie Mae spun off its loan servicing operation and most of its loan portfolio into a separate, publicly traded entity called Navient Corporation. Navient is the largest servicer of federal student loans and acts as a collector on behalf of the Department of Education.
Popular Now
Recent Comments
- TraderMike on IZM
- SuccessfulGerbil321 on IZM
- TraderMike on IZM
- TraderMike on Today's Outage
- Crunching_The_Market on Today's Outage
From the Blog
Featured Articles