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Stock impact report

SLM (SLM) Shifts Strategy to High-Quality Student Loan Origination [Yahoo! Finance]

SLM Corporation (SLM) 
Last slm corporation earnings: 4/22 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: salliemae.com/about/investors
Company Research Source: Yahoo! Finance
presentation at the Barclays Global Financial Services Conference on September 9, the company emphasized a strategic shift towards issuing high-quality student loans rather than just growing its loan book. SLM highlighted its ongoing efforts to cut potential origination volume to improve credit quality. SLM (SLM) Shifts Strategy to High-Quality Student Loan Origination Kevin George/Shutterstock.com The company has lowered its origination growth target to 5-6%, choosing to prioritize higher credit quality over increasing loan volume. It also continues to tighten its credit standards; recent loans are of higher quality despite a slight, non-alarming rise in early delinquencies. SLM noted that legislative changes in Grad PLUS and Parent PLUS loans represent a $4.5 to $5 billion market opportunity. These products cater to borrowers with stronger credit, and SLM's analysis suggests that the expansion aligns with their risk appetite. To that end, the company is seeking private credi Show less Read more
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