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SLM Corporation · Reston, VA United States ·(NYSE: SLM)

Company Description

12061 Bluemont Way
Reston, VA
20190
United States (Map)
Phone: 703-810-3000
Fax: 703-984-5042
Rankings
  • #347 in FT Global 500
  • #331 in FORTUNE 500
  • S&P 500
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Those who graduated magna cum payments may not be familiar with SLM, but they probably know its more common moniker, Sallie Mae. The company, which manages some 10 million student loans, is the US's largest source of funding and servicing for education loans. Formerly primarily a wholesale acquirer, SLM now originates more than half its loans. SLM also has debt-management operations for student loans, mortgages, and other receivables. From inception, the company borrowed money at near-government rates to purchase government-guaranteed loans, but in the 1990s Congress took away SLM's funding edge, making privatization attractive. To read the full description, subscribe now.

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Key SLM Corporation Financials

Company TypePublic - NYSE: SLM

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$1,784.0
2008 Employees8,000

SLM Corporation Executives

145 executives listed for SLM Corporation's Reston, VA location.
TitleName & BioContact
ChairmanAnthony TerraccianoNetwork
Vice Chairman and CEOAlbert LordNetwork
Vice Chairman and CFOJohn RemondiNetwork

Competition

Competitive Landscape for SLM Corporation
Demand for credit reporting and for collections services are driven by the volume of financial transactions, and by the health of the economy. The profitability of individual companies depends largely on efficiency of operations. The profitability of collections companies that buy receivables portfolios depends on their ability to assess recovery potential. Large credit reporting companies have significant economies of scale in operations. Small companies can compete successfully in the collections segment, where customer service and personal contact are important. To read the full description, subscribe now.
Top SLM Corporation Competitors
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