Sallie Mae is still interested in adding to its holdings of Federal Family Education Loan Program [FFELP] loans, even if it took a pass on a $3.6 billion portfolio that CIT sold to Nelnet this month.

“There are roughly $150 billion of FFELP out there that we don’t own or service, and we’d certainly be very interested in acquiring those loans, but we will approach the opportunity in disciplined way,” John (Jack) F. Remondi, the company’s president and chief executive, said today.

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