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9 Oct 2007, 7:43 am
Now that the dispute over the buyout of Sallie Mae has spilled into the courtroom, the crux of the feud is becoming increasingly clear. [read post]
24 Oct 2007, 5:39 am
One case likely to go to trial in the Delaware Chancery Court relates to the acquisition of Sallie Mae ("SLM") by a buyout consortium led by JC Flowers. [read post]
14 Apr 2008, 3:46 pm
With this in mind, the country's largest student loan lender -- Sallie Mae -- announced late last week that it will be cutting certain types of student loans and charging loan application fees ranging from $35 for freshman students to a couple hundred dollars for graduate students. [read post]
12 Dec 2007, 7:45 am
The parent company of Sallie Mae, the student lender, cut its profit forecast for 2008 on Wednesday and said that its offer to create a new deal with a group of investors was rejected. [read post]
10 Dec 2008, 5:19 pm
If I was a law school graduate (which I am), and if I had gotten seven straight years of economic hardship deferments while I was working as an attorney (which I didn't), I wouldn't have filed a lawsuit against Sallie Mae when it boldly demanded that I actually start paying my loans.But, then again, I'm not Eureka attorney Stephen Davies.Regardless, even had I filed such a lawsuit, let me promise you that upon losing said action, I would not have filed an appeal. [read post]
2 Nov 2007, 7:51 am
There is no longer any credible claim of irreparable injury to Sallie Mae: this case is simply a dispute about a sum ofmoney - albeit, a very, very large sum of money. [read post]
27 Sep 2010, 1:11 am by Kevin LaCroix
  Sallie Mae is one of the country’s largest providers of student loans. [read post]
11 Jul 2007, 12:04 pm
Sallie Mae, the student-lending giant, said Wednesday afternoon that its buyers have expressed concern over pending legislation that “could result in a failure of the conditions to the closing of the merger to be satisfied. [read post]
12 Nov 2008, 12:12 am
Institutional investors have been seen increasing their stake in Sallie Mae's equity. [read post]
18 Jan 2017, 11:29 am by Mark F. Anderson
This is the CFPB’s Announcement of a Very Significant Enforcement Action CONSUMER FINANCIAL PROTECTION BUREAU SUES NATION’S LARGEST STUDENT LOAN COMPANY NAVIENT FOR FAILING BORROWERS AT EVERY STAGE OF REPAYMENT Today the Consumer Financial Protection Bureau (CFPB) sued Navient, formerly Sallie Mae, the nation’s largest servicer of both federal and private student loans for systematically and illegally failing borrowers at every stage of repayment. [read post]
13 Dec 2007, 6:55 am
The buyout group backed out of the Sallie Mae takeover, arguing that government regulation had triggered the MAC clause. [read post]
22 Oct 2007, 8:01 am
Flowers agreed to buy Sallie Mae for $25 billion but then suggested that the transaction be terminated because a â [read post]
27 May 2007, 4:08 am
The House Education Labor Committee released information that representatives from student loan giant Sallie Mae met with the Office of Management Budget in December 2006, less than two months before President Bush's budget called for a significant cut in support... [read post]
17 Sep 2010, 4:25 am by By DEALBOOK
Citigroup said Friday that it will sell its big student loan business to Sallie Mae and Discover Financial Services, a transaction it has sought as part of the bank's reorganization. [read post]
23 Oct 2007, 4:26 am
Flowers & Company abruptly agreed to waive a provision of its $25 billion merger agreement with the SLM Corporation, parent of the student lender Sallie Mae, that SLM contended hampered its ability to conduct business or shop for a replacement buyer. [read post]
11 Oct 2007, 5:02 am
The dispute between Sallie Mae and the firms that agreed to buy it for $25 billion has gotten ugly. [read post]
15 Jan 2011, 4:04 pm
The Amended Complaint includes 25 plaintiffs and includes a claim for rescission against federal student loan lender Sallie Mae. [read post]
25 Jan 2008, 10:15 am
Are you eligible to be part of this Class Action filed against Sallie Mae claiming students face race bias in loan rates? [read post]