Sallie Mae definition

Sallie Mae means the Student Loan Marketing Association, a stock holder-owned corporation and govern- ment-sponsored enterprise established in 1972 by, and operating pursuant to, section 439 of the Higher Education Act of 1965, as amended, 20 U.S.C. 1087–2.
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Sallie Mae means the StudentLoan Marketing Association, a stock holder-owned corporation andgovernment-sponsored enterpriseestablished in 1972 by, and operating pursuant to, Section 439 of the HigherEducation Act of 1965, as amended, 20U.S.C. 1087–2.
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Sallie Mae has the meaning set forth in 9j.
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Examples of Sallie Mae in a sentence

  • The Student Loan Marketing Association Reorganization Act of 1996 requires Sallie Mae to be completely privatized by 2008; however, Sallie Mae completed privatization at the end of 2004.

  • Federal agency debt securities, such as those of: Small Business Administration (SBA) nonmortgage pools, Tennessee Valley Authority (TVA), Federal Farm Credit Bank, Federal Land Bank, Federal Intermediate Credit Bank, Student Loan Marketing Association (Sallie Mae), and the Export-Import Bank.

  • A Sallie Mae Security may be maintained in the form of a Definitive Sallie Mae Security or a Book-entry Sallie Mae Security.

  • U.S. agencies such as Fannie Mae (FNMA), Freddie Mac (FHLMC), government national mortgage association (GNMA), Sallie Mae, small business administration (SBA), federal housing administration (FHA), etc.

  • The Reserve Banks no longer act as fiscal agents for new issues of Sallie Mae securities, and Sallie Mae is not considered a GSE.

  • Interest on Book-entry Sallie Mae Securities is either credited by a Fed- eral Reserve Bank to a Funds Account maintained at such Bank or otherwise paid as directed by the Participant.

  • Book-entry Sallie Mae Securities are redeemed at maturity or pursuant to a call for redemption in accordance with their terms by a Federal Reserve Bank withdrawing the securities from the Participant’s Securities Account in which they are maintained and by ei- ther crediting the amount of the re- demption proceeds, including both principal and interest where applica- ble, to a Funds Account at such Bank or otherwise paying such principal and interest, as directed by the Partici- pant.

  • To the extent required by such law or regula- tion or set forth in an agreement with a Federal Reserve Bank, or the Federal Reserve Bank Operating Circular, a se- curity interest in a Security Entitle- ment that is in favor of a Federal Re- serve Bank, Sallie Mae, or a Person may be created and perfected by a Fed- eral Reserve Bank marking its books to record the security interest.

  • The Sallie Mae Securities to which the regulations in this part apply are obligations which, by the terms of their issue, are available ex- clusively as Book-entry Sallie Mae Se- curities or which, pursuant to the secu- rities documentation, are convertible from Book-entry Sallie Mae Securities to Definitive Sallie Mae Securities or vice versa.

  • A Participant’s Security Entitle- ment is created when a Federal Re- serve Bank indicates by book-entry that a Book-entry Sallie Mae Security has been credited to a Participant’s Se- curities Account.

Related to Sallie Mae

  • Fannie Mae The Federal National Mortgage Association, or any successor xxxxxto.

  • Ginnie Mae is hereby added to Article I to immediately follxx xxx xxxinition of "Freddie Mac":

  • FMC means The First Marblehead Corporation, a Delaware corporation.

  • EMC EMC Mortgage Corporation, or its successor in interest.

  • Countrywide Servicing Countrywide Home Loans Servicing LP, a Texas limited partnership and its successors and assigns.

  • SPS means ADB's Safeguard Policy Statement (2009);

  • aepaccmeצc means the department of public health.

  • Home health services means part-time or intermittent skilled nursing services, other therapeutic services (physical therapy, occupational therapy, speech therapy), and home health aide services made available on a visiting basis in a place of residence used as the client's home.

  • MLCC Xxxxxxx Xxxxx Credit Corporation, or its successor in interest.

  • CME means CME Group Benchmark Administration Limited.

  • Freddie Mac Federal Home Loan Mortgage Corporation, a corporate instrumentality of the United States created and existing under Title III of the Emergency Home Finance Act of 1970, as amended, or any successor thereto.

  • PHH means PHH Corporation, a Maryland corporation.

  • Countrywide Countrywide Home Loans, Inc., a New York corporation and its successors and assigns.

  • Home health aide services means the personal care and maintenance activities provided to individuals for the purpose of promoting normal standards of health and hygiene.

  • NCR means NCR Corporation.

  • Nonpoint source means any project described in Section 319 of the Clean Water Act.

  • THC means tetrahydrocannabinol.

  • Nursing home administrator or "administrator" means any individual who is charged with the general administration of a nursing home, whether or not such an individual has an ownership interest in such home and whether or not the functions and duties are shared with one or more other individuals.

  • Comcast means Comcast Corporation, a Pennsylvania corporation.

  • Countrywide Servicing Agreement Solely with respect to the Countrywide Mortgage Loans, the Mortgage Loan Purchase and Servicing Agreement, dated as of November 1, 2001, between the Transferor, as purchaser, and Countrywide, as seller and as servicer (as successor to Countrywide Home Loans, Inc. by an assignment dated January 1, 2001, as the same may be amended or supplemented), as the same may be amended from time to time, and any assignments and conveyances related to the Countrywide Mortgage Loans.

  • SLC means HMC Senior Communities, Inc., a Delaware corporation, and its successor Crestline Capital Corporation, a Maryland corporation, and its successors and assigns.

  • National City Servicing Agreement Solely with respect to the National City Mortgage Loans, the Master Seller’s Warranties and Servicing Agreement, dated as of October 1, 2001, between the Transferor and National City, as the same may be amended from time to time, and any assignments and conveyances related to the National City Mortgage Loans.

  • Subservicer means any Person that services Receivables on behalf of the Servicer or any Subservicer and is responsible for the performance (whether directly or through Subservicers or Subcontractors) of a substantial portion of the material servicing functions required to be performed by the Servicer under this Agreement that are identified in Item 1122(d) of Regulation AB.