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More on Sallie Mae (SLM) Q4 earnings: Loan originations of $514M, up 12.5% Y/Y. Delinquencies of...

More on Sallie Mae (SLM) Q4 earnings: Loan originations of $514M, up 12.5% Y/Y. Delinquencies of 90 days or more of 4.6%, down from 4.9% a year ago. Annualized charge-off rate of 4.2%, up from 3.5%, thanks to forebearance policy changes. Expects at least $4B of originations in 2013 vs. $3.3B for all of 2012. Expects core EPS of $2.30 vs. $1.83 in 2012. Repurchased 58M shares in 2012. (PR)
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