It is a federally chartered, stockholder-owned corporation that buys insured student loans, thereby replenishing local supplies of student credit.
The federally chartered, stockholder-owned corporation serves the education finance market by purchasing insured student loans and providing other financial services to financial and educational institutions.
Sallie Mae, a federally chartered, stockholder-owned corporation, which is the country's major source of financing for student loans, generally issues these types of notes on a monthly basis.
Sallie Mae, a federally chartered, stockholder-owned corporation, is the main financial intermediary serving the education credit market.
Yesterday the federally chartered, stockholder-owned corporation priced a similar-size issue of 9.34 percent fixed-rate notes with a 10-year maturity through underwriters led by Merrill Lynch.
Freddie Mac is a stockholder-owned corporation that was established by Congress in 1970 to provide a continuous flow of funds to primary mortgage lenders.
Sallie Mae is a private, stockholder-owned corporation originally chartered by Congress.
It is a stockholder-owned corporation that purchases and securitizes mortgages in order to ensure that funds are consistently available to the institutions that lend money to home buyers.
The federally chartered, stockholder-owned corporation generally issues these types of securities each month through various securities dealers with Sallie Mae as the lead manager.
"Although I certainly agreed with the theory of stockholder-owned corporations and was absolutely committed to fulfilling my fiduciary duties, I personally didn't like answering to a board of directors."