SLM news

Sallie Mae hit a record quarterly originations of $3.4 billion and significant growth in graduate loans, but reported a GAAP net loss tied to expenses. The company's stock price closed lower Tuesday.

SLM Student Loan Trust 2006-5 will conduct a remarketing of Class A-6B and Class A-6C notes for up to $161M on Oct 26, 2026. Noteholders must submit hold notices by Oct 21, 2026, to avoid tendering. This Sec 8-K details a refinancing event and deadline for retention.

SLM Student Loan Trust 2004-5 updated its statistical disclosure date to August 31, 2026, and outlined strict criteria for servicing the trust's collateral, including loan delinquency limits, bankruptcy restrictions, and eligibility for special allowance payments.

The Depositor's affiliate intends to submit a Hold Order for Class A-6B Notes and buy bids, set at a rate of SOFR + 1.50% per annum, for an equal amount of currently held Class A-6C Notes.

The trust of federal student loans released a monthly statistical disclosure on July 31, 2026, detailing loan pool characteristics. The aggregate outstanding balance includes accrued interest of $1.07 million to be capitalized.

Sallie Mae reported GAAP diluted earnings per common share of $0.29 and a 4.5% increase in private education loan originations during the second quarter of 2026. The company remains optimistic about its outlook for the remainder of the year.

SLM's affiliate will hold its Class A-6B Notes and intends to buy a portion of its Class A-6C Notes to normalize the supply in upcoming auctions.

SLM Student Loan Trust 2005-7 announced a delay in the legal maturity of Class A-5 notes, extending the legal maturity date to January 25, 2040. The trust requires noteholders to submit a hold notice by July 22, 2026, to retain their securities before BofA Securities conducts the remarketing.

SLM Student Loan Trust 2006-5 solicits hold notices for Class A-6B and A-6C notes totaling approximately $165.6 million. Noteholders must waive rights or securities are tendered for July 27 remarketing.

The issuer is initiating a remarketing process for its Class A-5 notes valued at $217 million. Holders must submit hold notices by July 22, 2026, to retain their positions ahead of the upcoming October reset date.

SLM Student Loan Trust 2004-2 disclosed the composition of its trust pool as of May 31, 2026, including assets' interest rates and maturity terms. The report provides a detailed view of the underlying collateral impacting the trust's financial structure.

SLM Student Loan Trust 2004-10 filed an exhibit detailing the selection criteria and initial composition of its underlying student loan portfolio, specifically referencing loans selected up to May 31, 2026. This data provides a baseline for understanding the credit quality and terms associated with …

The filing outlines the selection criteria and composition of the 2004-5 student loan trust, including specific terms regarding guaranty and delinquency status. It provides investors with essential data regarding the aggregate outstanding balance and capitalized interest of the portfolio.

SLM Student Loan Trust 2004-1 released data detailing the characteristics of its federally guaranteed student loan portfolio as of a May 2026 statistical cutoff date. This disclosure provides insights into performance metrics and loan composition.

An affiliate of Navient Funding will submit a hold order for all $28.55M Class A-6B Notes and bid SOFR+1.50% for Class A-6C Notes in upcoming June auctions. The move affects $57.1M in total auction rate securities and reflects continued affiliate support for the trust's note auctions.

SLM Corporation presented at Morgan Stanley Conference showing improved origination credit metrics, with average FICO scores at approval reaching 754 compared to 753 year-ago and cosigned loans at 95% versus 93% prior year. The metrics indicate sustained strong credit quality in the student lending …

The filing provides detailed characteristics and composition of the student loan trust portfolio as of April 30, 2026, including loan selection criteria and borrower statistics. This regulatory disclosure is relevant to investors tracking FFELP loan securitization performance and credit quality metr…

The trust released detailed characteristics of its student loan pool as of April 30, 2026, including $1.3M in accrued interest and portfolio composition metrics. The disclosure provides transparency on FFELP-guaranteed loans originally selected from Sallie Mae's consolidation portfolio.

Navient affiliate plans to submit hold orders for $28.55M Class A-6B notes and buy bids at SOFR+1.50% for Class A-6C notes in upcoming auctions. The depositor's affiliate currently holds substantially all issued notes of both classes.