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Series 7
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Textbook
1. Common stock
2. Preferred stock
3. Bond fundamentals
4. Corporate debt
5. Municipal debt
6. US government debt
6.1 Review
6.2 Treasury products
6.3 Federal agency products
6.3.1 Federal Farm Credit System
6.3.2 Mortgage agencies
6.3.3 Collateralized mortgage obligations (CMOs)
6.3.4 Sallie Mae
6.4 The market & quotes
6.5 Suitability
7. Investment companies
8. Alternative pooled investments
9. Options
10. Taxes
11. The primary market
12. The secondary market
13. Brokerage accounts
14. Retirement & education plans
15. Rules & ethics
16. Suitability
17. Wrapping up
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6.3.4 Sallie Mae
Achievable Series 7
6. US government debt
6.3. Federal agency products

Sallie Mae

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The Student Loan Marketing Association (SLMA), also known as Sallie Mae, specializes in offering student loans to its customers. SLMA initially started as a government-sponsored enterprise and worked similarly to the agencies discussed above. It was “spun off” as a private business in 2004 and now operates as a standalone business with no government backing. Additionally, the company has publicly traded stock outstanding (ticker: SLM).

Key points

Sallie Mae (SLMA)

  • Former federal agency in the student loan business
  • Publicly owned and traded

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