Investor Glossary-nellie maeInvestor Glossary-nellie maeInvestor Glossary-nellie maeInvestor Glossary-nellie maeInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Nellie Mae

The HTML to link to this page
 

Nellie Mae is a wholly owned subsidiary of SLM corporation, aka Sallie Mae. Prior to 1999, Nellie Mae was an independent entity. Nellie Mae started as a non-profit agency in 1982. Nellie Mae makes education loans to graduate students, undergraduate students, and parents of students. Nellie Mae makes loans under both Federal and private loan programs. Examples of Federal student loans originated by Nellie Mae include Federal PLUS loans, EXCEL loans, and Federal Stafford loans. For the investor, Nellie Mae is perhaps less interesting than its parent company Sallie Mae. Much like Fannie Mae and Freddie Mac do in the mortgage business, Sallie Mae securitizes and sells to investors portfolios of student loans originated by Salle Mae and Nellie Mae.



Rate this Nellie Mae definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: current ratio, quality assurance, labor relations, Key Rate Duration, 1031 exchange, APR, 1035 exchange, open position, LIBOR, phantom income, minority interest, retained earnings, option premium, deferred revenue, class C shares, balance sheet, stock market close, stock split, irrevocable trust, margin rate, average price per share, cancelled check, in escrow, risk management, inflation, FTSE, dividends payable, command economy, required rate of return, Zero Cost Collar, ex-dividend, implied volatility, limit order, 144a, debt service coverage, reverse mortgage, diluted share, wholly-owned subsidiary, per diem, real GDP, covered put, EBITDA, 401a, liquidity ratio, FICO score, ex-dividend date, annual return, VIX, deferred tax


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Home | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use