Sallie Mae said today during its 3Q 2013 conference call that its Federal Family Education Loan Program (FFELP) residual securitization sales have demonstrated good value.

The student loan originator sold the residual interests in 5 FFELP securitization trusts totaling $12.5 million in 2013.  Residual interests are what are left over from an underlying SLABS trust after making required payments to the relevant parties in a transaction.

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