First Marblehead Corporation (The)

(FMD) Trade

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The First Marblehead Corp was formed as a limited partnership in 1991 and was incorporated in Delaware in August 1994. It is a specialty finance company focused on the education financing marketplace in the United States. It provides loan programs on behalf of its lender clients for K-12, undergraduate and graduate students and for college graduates seeking to refinance private education loan obligations, as well as tuition planning, tuition billing, refund management and payment technology services. It provides a fully integrated suite of services through its Monogram loan product service platform, which it refer to as its Monogram platform, as well as certain services on a stand-alone, fee-for-service basis. These loan programs are designed to be marketed to prospective student borrowers and their families directly or through educational institutions and to generate portfolios which might be held by the originating lender or financed in the capital markets. It offers a fully integrated suite of services, including its new Monogram loan product, as well as certain services on a standalone, fee-for-service basis. In addition, it provides administrative and other services to securitization trusts that it has facilitated and asset servicing to the third-party owner of certain securitization trusts. The Company's bank subsidiary, Union Federal Savings Bank is a federally chartered thrift that offers residential and commercial mortgage loans, and certain other banking products. Through its Monogram product offering, it enables lenders to offer borrowers private education loans with competitive terms and clear pricing alternatives, but which are also structured to align product options made available to qualified applicants with their credit risk. The Monogram product integrates all of its service offerings, including program design, marketing support, loan origination and portfolio management.

Contact Information

Main Phone: +1 800 895-4283
Address: One Cabot Road
Address 2: Suite 200
State: MA
City / Town: Medford
Country: USA
Postal Code: 02155

Issuer Information

Exchange: NYE
CEO: Daniel Maxwell Meyers
Employees: 273
NAICS: Consumer Lending(522291)
Company data no longer available
Last Price N/A Change $ N/A Change % N/A Tick N/A
Bid N/A Bid Size 0.00 Ask N/A Ask Size 0.00
Open N/A High N/A Low N/A Prev Close N/A
Last Trade Volume 0 52 Wk Hi 5.05 52 Wk Low 2.81
Market Cap N/A Ex-Div Date N/A Div Rate N/A Yield N/A
Shares 11,705,031.00 EPS (TTM) -2.53 PE Ratio N/A Exchange NYSE
  Last 3 Mo Last 12 Mo
Number of Insider Trades 0 0
Number of Buys 0 0
Number of Sells 0 0
Net Activity 0 0
Last 10 Buys Shares
Peter S. Drotch 1,000
Seth Aaron Gelber 1,000
Seth Aaron Gelber 1,000
Last 10 Sell Shares
N/A 0
  Current 1 Week Ago 2 Weeks Ago 3 Weeks Ago
High Target Price Estimate 5.05 5.05 5.05 5.05
Low Target Price Estimate 4.25 4.25 4.25 4.25
Mean Target Price Estimate 4.65 4.65 4.65 4.65
Standard Deviation 0.57 0.57 0.57 0.57
Date of Most Recent Estimate 07/29/16 07/29/16 07/29/16 07/29/16
  Current 1 Month Ago 2 Months Ago 3 Months Ago
Strong Buy 0 0 0 0
Moderate Buy 0 0 0 0
Hold 1 2 2 2
Moderate Sell 0 0 0 0
Strong Sell 0 0 0 0
Mean Rec. 3 3 3 3