Sallie Mae

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Sallie Mae

Sallie Mae

The Student Loan Marketing Association (SLMA). A publicly-traded company chartered by the U.S. Congress to guarantee student loans and to provide a secondary market for student loans made by other lenders. In order to do this, it buys student loans and repackages them, selling them as short-term and medium-term debt obligations. Sallie Mae also provides other services, such as debt management, to students, universities, and businesses. It was established as a government-sponsored enterprise in 1972, but ended its federal charter in 2004. See also: Farmer Mac, Fannie Mae, Freddie Mac.

Sallie Mae

Sallie Mae.

This corporation purchases student loans from various lenders, such as banks, and packages the loans as bonds or short-term or medium-term notes. After issue, these debt securities trade on the secondary market.

Sallie Mae guarantees repayment of the bonds and notes, and uses the money it raises through the sale of these securities to provide additional loan money for post-secondary school students. Sallie Mae also arranges financing for state student loan agencies. Its shares trade on the New York Stock Exchange (NYSE).

Sallie Mae

Popular name for Student Loan Marketing Association.This organization has nothing to do with real estate,but it is defined here because there is sometimes confusion with all the other “Maes”that are related to real estate finance—Fannie Mae,Ginnie Mae,Maggie Mae,and Munie Mae.

References in periodicals archive ?
However, there was no significant difference in the overall success rate at inserting the devices between the TLMA and the SLMA groups (P greater than 0.
The SLMA has 4,700 worldwide members and 300-plus articles from 60 authors on the SLMA website.
Nominations: SLMA members may nominate one or more professional individuals for consideration through October 28th, which is a week after Sales Lead Management Week (October 14-18, 2012).
Shawn Elledge, founder and CEO of DemandCon, added, "We are big fans of SLMA and are pleased to announce our support of the Sales Lead Management Week.
offers reviews in many software categories such as accounting, business intelligence, customer relationship management, enterprise resource planning, facilities management, human resources, maintenance management and supply chain management, the SLMA software reviews will direct members only to the customer marketing and management areas of Software Advice.
The mission of the SLMA is to help companies become successful in the critical business process of managing sales leads.
The SLMA Top 50 Most Influential People in Sales Lead Management," said Andy Brownell, CMO of LeadMaster, "is a great way to recognize industry leadership, outstanding performance and those responsible for increasing the visibility of all aspects of lead management.
Nominations: SLMA members may nominate one or more professional individuals for consideration through October 25th, which is a week after Sales Lead Management Week (October 9-15, 2011).
This year SLMA will host a webinar series to spotlight best practices.
Ron Goodman, VP of Business Development said, "It is with pleasure that the SLMA publishes the list and photos of the 20 Women to Watch in Sales Lead Management for 2011.
Cartoonist Stu Heinecke of CartoonLink Contributes to the SLMA
From those nominated, 20 professionals will be selected as the SLMA 20 Women to Watch in 2011.