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CIT Group Selling Student-Lending Business to Nelnet Inc.
Business lender CIT Group Inc. agreed to sell its student-lending business to Nelnet Inc., which is buying the federal family education loans and related assets for $3.6 billion.
Why Nelnet (NNI) Stock Is Soaring Today
CIT to Sell Student Lending Unit to Nelnet for $1.1 Billion  Bloomberg
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Short Interest of Nelnet, Inc. Drops by -19.5%
Nelnet, Inc. (NYSE:NNI) has witnessed a colossal drop of 19.5% or 64,512 shares in its short figure. The short interest diminution took it from 331,457 on December 15,2014 to 266,945 on December 31,2014.
Hedge Funds Are Crazy About Nelnet, Inc. (NYSE:NNI) - CapitalSource, Inc ...
Nelnet, Inc. (NYSE:NNI) was in 14 hedge funds' portfolio at the end of the fourth quarter of 2012. NNI shareholders have witnessed an increase in hedge fund interest in recent months.
Hedge Funds Are Buying Nelnet, Inc. (NNI)
When using filings from the hedgies we track, Amy Minella's Cardinal Capital had the most valuable position in Nelnet, Inc. (NYSE:NNI), worth close to $27 million, accounting for 1.7% of its total 13F portfolio. Coming in second is Millennium ...
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Underperforming Companies for the Week: Nelnet, Inc. , Brookfield Glbl Lstd ...
Nelnet, Inc. (NYSE:NNI) has lost 1.58% during the past week and dropped 5.55% in the past 4 weeks. The shares are however, marginally negative as compared to the S&P 500 for the past week with a loss of 0.35%.
Nelnet settles lawsuit for $1.2 million
Nelnet has agreed to pay $1.2 million to settle a class-action lawsuit over the alleged illegal recording of collections calls.
Nelnet to open Omaha call center, hire 250
�We are excited to expand our core student loan operations to Omaha,� said Joe Popevis, executive director of Nelnet operations.
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Fitch Affirms Two Nelnet Student Loan 2005 Trusts
The reserve for Nelnet 2005-2 is sized equal to the greater of 0.25% of the pool balance and $2,976,292; for Nelnet 2005-3, the reserve is sized equal to the greater of 0.25% of the pool balance and $1,988,700.
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Fitch Upgrades Nelnet Student Loan Trust 2013-2 Sub Note; Affirms Sr Note
Acceptable Servicing Capabilities: Nelnet, Inc. (Nelnet) is servicing approximately 77% of the portfolio and Pennsylvania Higher Education Assistance Agency (PHEAA) is servicing approximately 23%.
Fitch Affirms All Notes Issued by Nelnet Student Loan Trust 2006-2
Acceptable Servicing Capabilities: Nelnet Inc. as the servicer is responsible for the day-to-day servicing of this trust. In Fitch's opinion, Nelnet is an acceptable servicer of FFELP student loans.