The Company with its subsidiaries offers national, regional financial, educational institutions, as well as businesses, education loan marketers & other organizations, a suite of outsourcing services for private education lending in the U.S.
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I rode this one up recently, cashed out, and now have decided to get back on after its recent drop. Now that the government is taking over Fannie and Freddie, the companies that buy and sell securitized debt have some more security and breathing room. So, FMD has less downside risk but more room to grow.