Sallie Mae
Sal•lie Mae
(ˈsæl i ˈmeɪ)n.
| 单词 | sallie mae | |||
| 释义 | Sallie MaeSal•lie Mae(ˈsæl i ˈmeɪ)n. Sallie MaeSallie Mae:see SLM CorporationSLM Corporation,foremost provider of funding for higher education to American students; commonly known as Sallie Mae. The company, which also offers information and resources to assist students and others in obtaining funding, had a portfolio of some $127 billion in managed ..... Click the link for more information. . Sallie MaeSallie MaeSallie MaeSallie MaeSallie 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 MaePopular 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. SALLIE MAE
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