First Marblehead Snapshot
With a Harvard education costing six figures, that government student loan just isn't going to cut it anymore. Enter First Marblehead. The company provides underwriting and risk management services for lenders and schools who offer private student loans for undergraduate, graduate, and professional education, and to a lesser extent, continuing education and study abroad programs. First Marblehead also provides marketing, servicing, and processing services. In response to deteriorating economic conditions and changes in the student loan industry, First Marblehead has switched its business model to focus on providing outsourced fee-based services such as portfolio management and asset servicing.
