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First Marblehead Corporation
(NYSE : FMD)

( )
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Consumer Services » Other Consumer Services
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Company Profile

First Marblehead Corp. provides outsourcing services to national and regional financial and educational institutions for designing and implementing education loan programs. It helps meet the need for education financing by offering national and regional financial institutions and educational institutions the Monogram platform, an integrated suite of design, implementation and credit risk management services for private label, customizable private education loan programs. The company supports responsible lending and is a strong proponent of the smart borrowing principle, which encourages students to access scholarships, grants and federally-guaranteed loans before considering private education loans. It offers outsourced tuition planning, billing and payment technology services through its subsidiary Tuition Management Systems LLC. First Marblehead was founded by Daniel Maxwell Meyers and Stephen E. Anbinder in 1991 and is headquartered in Medford, MA.