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


Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
Investor Glossary Index >>> # 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 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
Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
©2004-2014 Investor Glossary - All rights reserved - Terms of Use